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Idaho Projected to See $139M Surplus

BOISE, Idaho (AP) — Idaho could be on track to finish the fiscal year with $139 million in surplus tax revenue if a new forecast holds true.

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Idaho Legislature Adjournment May Hit Snag

The Idaho Legislature is moving closer to ending the session. However, there is one issue that lawmakers say will keep them there until Friday, and possibly into next week.  It's a disagreement on how surplus money should be spent, and the main point of contention is whether to give taxpayers a break, or to save for a rainy day. 

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Idaho Capitol Building - Flickr - Kevin Rank
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Idaho Legislators Grapple Over Extra Money

The legislative session is just about to wrap up but lawmakers are grappling with an issue they haven’t dealt with in a few years, a budget surplus and how to disperse surplus state money. Republican Senator Dean Cameron, the Chairman of the Joint Finance Appropriations Committee says at the end of the session the state will have about $77 million dollars that they need to decide what to do with.

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Luna Asks For $61-Million For Schools

Public schools chief Tom Luna says education would get about a third of the projected $180 million budget surplus Idaho is expected to carry into the next fiscal year, under a spending plan he's submitting to the governor...

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Idaho Expecting Big Budget Surplus

Idaho is expecting its second year of big budget surpluses when the 2012 fiscal year ends, presenting conservative Idaho with tough choices that could include restoring programs or cutting taxes...

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Category: News, Twin Falls News Tags: , ,
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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...

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