by Liz Gullett | Jun 14, 2024 | Liz Gullett
The House Fiscal Agency released its monthly revenue update, showing cash collections last month increased $145.3 million from the prior year, totaling $2,636 million. General Fund/General Purpose revenue is estimated to be $1,202.9 million, which is $214.5 million...
by Liz Gullett | May 17, 2024 | Liz Gullett
Today, the directors of the House and Senate Fiscal Agencies came together with State Treasurer Rachael Eubanks and State Budget Director Jen Flood to reach a consensus for projected state revenue for the upcoming fiscal year. At the biannual Consensus Revenue...
by Liz Gullett | May 17, 2024 | Liz Gullett
This week, the Senate wrapped up voting on their proposal for the state budget for the upcoming fiscal year. Throughout the floor votes, members of the Senate Republican Caucus offered numerous amendments that weren’t adopted. In order for budgets to get the necessary...
by Liz Gullett | May 10, 2024 | Liz Gullett
This week, the House and Senate continued to work on the state budget for the upcoming fiscal year beginning on October 1, 2024. There are a number of items of difference between the House and Senate, along with the administration, which they will need to continue to...
by Liz Gullett | Apr 19, 2024 | Liz Gullett
Last month, major taxes and net lottery revenue declined 24.7% from the prior year, coming in at $1.6 billion. Additionally, collections were roughly $169.6 million below prior projections from the consensus revenue estimating conference held earlier this year. Key...