Contact Us

Surplus! Idaho Tax Revenue Beat Expectations

There’s good news regarding the state economy.  Final figures for fiscal year 2011 show Idaho came in with $85 million more in tax revenue than projected.  Much of the extra cash will be diverted to public schools and community colleges because of agreements made with the federal government to maintain school funding levels.  Idaho Governor Butch Otter says public schools will receive nearly $60 million of the surplus revenue, while community colleges will get $7.5 million.  Schools in the Magic Valley will see about twelve million dollars of that money. Despite the positive news, Otter says it’s critical to maintain a cautious approach to revenue as Idaho tries to emerge from the recession. Senator Dean Cameron of Rupert and Representative Maxine Bell of Jerome – co-chairs of the Legislature’s budget-writing Joint Finance and Appropriations Committee  are echoing the call for continued caution. As part of the release of the figures yesterday, Governor Otter admitted that he lost a wager over the expectations to Democrat Former Governor Cecile Andrus.  The two made the bet in the midst of the 2010 fiscal year.  Governor Andrus bet that state revenue would exceed the official projection from Governor Otter’s budget office. Otter says it’s a bet he’s happy to have lost.

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 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.