State Lawmakers Trim $33 Million from Governor’s Revenue Estimate

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Lawmakers could have $33.3 million less to work with next year.  A group of Idaho legislators voted to approve Governor C.L. “Butch” Otter’s revenue estimate for the remainder of this fiscal year, but decided to trim nearly $33.3 million from his 2013 recommendation.

The 18-member Economic Outlook and Revenue Assessment Committee (EORAC) approved these figures on a 15-3 vote.  The three “no” votes were from Rep. Cliff Bayer (R-Boise), Sen. Shawn Keough (R-Sandpoint) and Sen. Curt McKenzie (R-Caldwell).

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The revenue estimating process still has another step, though.  These numbers will now head to the Joint Finance Appropriations Committee (JFAC) for their stamp of approval.  But there is a chance JFAC will select a different revenue estimate.