Idaho

Bringing the Economy Home

Topics

How Idaho Spends State Tax Dollars

Background

This page is no longer being updated. For ongoing coverage of this topic, go to Boise State Public Radio’s website.

Idaho will spend nearly half of its $2.78 billion annual budget on K-12 public schools during the 2014 fiscal year. When you include funding for colleges, universities, public television, and ag research, more than 60 percent of the state budget is spent on education.

Here’s a broad look at how lawmakers appropriated tax payer dollars for the fiscal year beginning July 1, 2014.

Data Source: Legislative Services Office | Chart: Emilie Ritter Saunders

Nearly half of the revenue to pay for state government comes from individual income tax payers. The state expects to collect $2.77 billion in taxes during fiscal year 2014.

Data Source: Legislative Services Office | Chart: Emilie Ritter Saunders

Latest Posts

Idaho National Guard Activation For Wildfire Support Comes At A Cost

*StateImpact received new information this afternoon from the Idaho National Guard that the federal government will pay 100 percent of the cost to activate Idaho soldiers and airmen for support on the Trinity Ridge fire.  The federal government typically shares this cost with the state, but in this case, the federal government requested Gov. Otter […]

Idaho Sends First Group Of Inmates To Colorado

The Idaho Department of Correction flew 130 prisoners to Colorado this morning in an effort to relieve crowding as Idaho’s inmate population goes up. “We know how hard this is on the inmates’ families but the fact is we’re running out of room,” Idaho Department of Correction Director Brent Reinke says in a press release. […]

Nampa Schools Dug A $2.8 Million Hole. Are State Budget Cuts To Blame?

The Nampa School District has discovered a budget problem. Last school year, due to an accounting error, it spent $2.8 million it didn’t have.  Boise State Public Radio’s Adam Cotterell has the full story. The given reason for the error is worth special note at StateImpact. Superintendent Gary Larson tells Cotterell the miscalculation came about […]

Why Idaho’s Lowered Revenue Forecast Is A Solid Economic Indicator

If fewer Idahoans have jobs, that means the state doesn’t collect as much revenue.  That in turn can determine how much money is available for schools, road repair and health services. So we took notice last week when the governor’s budget office revised down its estimate of revenue coming into the state’s bank accounts. The […]

Budget Cuts Put Idaho DEQ In Reactive Position

The Idaho state agency that monitors air and water quality has had to do more with less for a long time. Four years after the recession forced the state to slash funding for the Department of Environmental Quality, state support for the agency remains lower than it was back in 2003. During the last legislative […]

Idaho Boosts Rainy Day Account Thanks To Improved Revenue

Idaho’s fiscal year-end tax revenue report, which came out today, shows collections exceeded forecasts by $35 million or 1.4 percent. The Division of Financial Management says sales tax and corporate income tax collections were 7.2 percent higher than expected.  Miscellaneous receipts exceeded its forecast by 24.2 percent. The piece of Idaho’s revenue stream that didn’t […]

Governor’s Housing Panel To Consider Selling Hilltop Mansion

After a dust-up over an email budget vote, the Governor’s Housing Committee has agreed to fund maintenance of the vacant governor’s mansion. That’s on the condition the committee hosts a public meeting in mid-September to discuss the possibility of selling the donated house. Senator Les Bock (D-Boise) raised concerns last week that the committee violated […]

Idaho Democrat Questions Governor’s Mansion Funding Process

A public meeting has been scheduled for the Governor’s Housing Committee after a Democratic lawmaker on the panel said the chairman violated Idaho’s open meetings law by conducting a vote via email. In the email vote, the committee approved the annual $177,400 budget for maintenance of the governor’s mansion.  In a 3-2 vote, Both Democrats […]

Idaho’s March Tax Collections Beat Forecast By $4 Million

Idaho state revenue collections are up for the fourth month in a row. The Division of Financial Management reports March tax collections exceeded expectations by almost $4 million, even though a large number of tax refunds are going out the door this time of year. That $4 million is 11 percent of the total revenue […]

House Lawmakers To Consider Restoring Key Medicaid Services

The House Health and Welfare Committee has given unanimous support to a bill that would reinstate key Medicaid services, in the wake of deep cuts last session. “Since the legislation was passed last year, we have learned more about the impact of some of these cuts on certain populations,” Chairwoman Rep. Janice McGeachin (R-Idaho Falls) […]

About StateImpact

StateImpact seeks to inform and engage local communities with broadcast and online news focused on how state government decisions affect your lives.
Learn More »

Economy
Education