Revenue Projections Change Slightly

Revenue Projections Change Slightly

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...
Senate Votes on Remaining Budgets

Senate Votes on Remaining Budgets

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...
Budgets Move Forward

Budgets Move Forward

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...
Revenue Projections Change Slightly

March Revenue Declines

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...
Revenue Projections Change Slightly

February Revenue Declines

Major tax and net lottery revenue declined in February 2024 by 23.8% from February 2023. Additionally, last month’s collections were $152.1 million below prior projections made at the biannual Consensus Revenue Estimating Conference in January. Key Points: General...