Tag Archives: FY10 Budget

Otter, lawmakers call balanced budget with spending reductions, fund shifts prudent

As Idaho closed the book on a state budget that saw a dramatic drop in tax revenue, reductions in spending to state agencies, and no large tax increases, Gov. Butch Otter said he and the Republican-led Legislature acted responsibly. “I’m … Continue reading

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Idaho’s last state budget officially balanced, says Controller Jones

A $69.6 million transfer from several state funds helped balance the recently-completed Idaho state budget, according to State Controller Donna Jones. “In accordance with law, Idaho’s budget is balanced,” Jones said in a news release.  “Our governor’s and our Legislature’s … Continue reading

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Idaho tax revenues likely short in June

Early reports show that Idaho tax revenues are several million dollars below expectations in June, the final month of the last fiscal year for state government. Idaho Division of Financial Management Director Wayne Hammon told IdahoReporter.com that incomplete preliminary numbers … Continue reading

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Otter and budget staff say state survey shows Idaho is being prudent

Idaho Gov. Butch Otter said a new report comparing all 50 states’ budget planning shows that Idaho’s recent legislative session was successful. “Our focus is on growing our economy, not growing our budget,” Otter said in a news release.  “We’re … Continue reading

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New report says Idaho isn’t alone in responding to tax revenue shortfalls

A new report from the nation’s governors and budget officers shows that many states are facing similar budget dilemmas as Idaho lawmakers, including how to handle dwindling tax revenues, rising demands for services, and requirements to balance state spending. The … Continue reading

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Final April tax numbers show $56 million shortfall

Final Idaho tax revenue numbers show Idaho took in $56 million less than expected in April, the largest month for tax collections.  That’s slightly higher than preliminary reports showing a $55.5 million shortfall.  Idaho is now $83.1 million below tax … Continue reading

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Board of Tax Appeals misses property tax decision deadline

The Idaho Board of Tax Appeals missed a May 1 deadline required by state law to report decisions on appeals by property owners about their land values, though the board could finish its work by the end of the month. … Continue reading

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Allred, IACI clash over budget claims

Democratic candidate for Idaho governor, Keith Allred, and a powerful business association have traded competing claims over the state budget approved by lawmakers earlier this year.  The Idaho Association of Commerce and Industry created a website condemning Allred’s stance on … Continue reading

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Budget leader Cameron says holdbacks, special session now doubtful

The April tax revenue shortfall numbers likely won’t lead to spending holdbacks in the next year or a special legislative session, according to one of the lead budget writers in the Idaho Legislature.  Sen. Dean Cameron, R-Rupert, said the early … Continue reading

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Early April revenue numbers $55.5 million below projections

Preliminary Idaho tax revenue numbers show that Idaho took in $55.5 million less than projected in April, the state’s largest revenue month. April had been called a “make or break” month by lawmakers who put together the state budget. “I … Continue reading

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