New State Budget Director Lays Out Governor Little’s Priorities to JFAC

Boise (670 KBOI News) – You know the legislature’s in session when the Joint Finance and Appropriations Committee, or JFAC, is in session.

The budget writing committee kicked off the 2019 session Tuesday by hearing from state budget director Alex Adams.

Adams explained the budget priorities laid out in Governor Little’s State of the State address Monday.

He started by explaining why individual income tax revenue has been short every month so far this fiscal year.

“The Tax Commission has estimated 75% of taxpayers have not adjusted their W-4s,” said Adams.  “And it’s expected that current shortfalls will be offset by higher than forecast individual tax payments and lower than forecast

If that doesn’t happen, and the shortfall continues, Adams says the budget is expected to have a $97.5 million surplus at the end of the fiscal year in June.

That’s because business and other tax receipts have been coming in above projections.

Adams went on to lay out the rest of Little’s budget priorities, including an additional $11 million dollars to fulfill the teacher “career ladder” program.

There is no custom code to display.


Worthington BLOG: A new VW Bus?

Worthington BLOG: A new VW Bus?

BLOG:  A new VW Bus? By Rick Worthington   What kinds of things make you stop dead in your tracks when you are walking around town or surfing the web. If I run across a brand new style of vehicle – I stop – every time. I can’t afford to buy them, but I sure…

Presidents and their choice of food and drink

Presidents and their choice of food and drink

Forty-four men have served as President of the United States.  As you probably know, Donald Trump is the 45th president because Grover Cleveland served two non-consecutive terms and was officially dubbed by Congress the 22nd and 24th president. Every one of the 44 presidents has had a favorite food.  According to Trump and those who…