Here's a link to my full story at spokesman.com, on how the final numbers, out today, show that after anguishing over deep budget cuts, Idaho ended the fiscal year well ahead of projections for state tax revenues, with an $85.3 million year-end surplus. That means…
Click below to read AP reporter John Miller's full report on today's state revenue news, which focuses on Gov. Butch Otter's decision to spend $15 million of the 2011 year-end surplus to reverse this year's decision to put off a scheduled $10 bump-up in the…
Idaho's recently retired chief economist, Mike Ferguson, asked if he feels vindicated by today's news that fiscal year 2011 tax revenues actually exceeded his much-criticized forecast – rather than running $140 million lower than the forecast, as lawmakers and Gov. Butch Otter predicted – said,…
Here's a link to the full breakout of how much each Idaho school district will get in a one-time payout of discretionary funds, thanks to the state's higher-than-expected state tax revenues for the year; the payouts are required under federal maintenance-of-effort rules attached to earlier…
Idaho's state tax revenues for June exceeded projections by a whopping $19.1 million, with every category of tax finishing the year ahead of schedule. Highest, according to Wayne Hammon, Gov. Butch Otter's budget chief, was the volatile and hard-to-predict corporate tax, which came in almost…
The final numbers are in, and Idaho ended the fiscal year well ahead of projections for state tax revenues - $85.3 million ahead of the January projection. That means public schools will get an additional $59.9 million. Gov. Butch Otter said the final figures should…
News, happenings and more from the Idaho Legislature and the state capital.
