Contact Us

Idaho’s General Fund Growth Slowing-Still Good

flickr.com, Boise Metro Chamber

BOISE, Idaho (AP) — Idaho’s budget-writing agency forecast that the state government’s general fund tax revenue will rise 2.1 percent to $2.8 billion in the current fiscal year as sales tax receipts and individual income tax collections make up for lower corporate income tax revenue.

Gov. C.L. “Butch” Otter released the projection on Wednesday afternoon on behalf of the Division of Financial Management, which helps write Idaho’s budget every year. If accurate, the figure would mean that Idaho’s general fund revenue growth is slowing. In fiscal year 2013 ended on June 30, for instance, revenue grew 6.3 percent to $2.75 billion.

Even so, Otter said in a statement that Idaho’s economy is rebounding — and working toward steady, sustained growth. The Division of Financial Management plans to update its revenue estimate again in January.

Best of News Radio 1310

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://newsradio1310.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for Loyal Listener Club quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive Loyal Listener Club contests, events, coupons, presales, and much more delivered to you for FREE.