Idaho Capitol Watch

Joint Finance-Appropriations Committee (JFAC) - Jan 08, 2025 - 8:00 AM - January 8, 2025

The Joint Finance Appropriation Committee discussed FY 2025-2026 budget overviews, revenue projections, expenditures, savings accounts, and structural bala

The Joint Finance Appropriation Committee discussed FY 2025-2026 budget overviews, revenue projections, expenditures, savings accounts, and structural balance. Keith Bybee presented on revenues, transfers, and reconciliations. Discussions included SharePoint access, schedule upda

Key topics

  • Budget Overview
  • Revenue Projections
  • Expenditures and Transfers
  • Savings Accounts
  • Legislative Appropriation Powers

Session highlights

  • Meeting opens with roll call and introduction of Keith Bybee for budget overview.
  • Keith Bybee presents FY 2025-2026 budget overview, including revenues and expenditures.
  • Question on bond levy equalization closeout and its impact on school facilities bonding.
  • Discussion on savings accounts and preparation for potential recession.
  • Elizabeth Bowen presents on legislative power of the purse and appropriation laws.

Duration: 2h 14m

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Canonical URL: https://idahocapitolwatch.com/sessions/ses_99fc3bfb50e3acb8c26b