Topic: State Budget

State Revenues for February and March $67 Million Below Expectations

(Published Apr 21, 2014)

Despite this short-term reduction in projected GDP growth, the MMB consultant continues to forecast accelerating economic growth over the course of 2014.

House Approves $320 Million Supplemental Budget Bill

(Published Apr 7, 2014)

Many of the major finance and tax bills are nearing completion, and will next go to conference committees to resolve differences between the House and Senate.

House Ways and Means Releases Supplemental Budget Targets

(Published Mar 18, 2014)

The House targets provide an indication of how the House will address the projected state budget surplus.

February State Revenue Collections Dip Slightly

(Published Mar 17, 2014)

The monthly collection report provides an update on actual state revenue collections compared to forecast, but monthly figures should be interpreted with caution.

February State Forecast Projects Increased Surplus

(Published Mar 3, 2014)

The surplus has increased from $825 million in November to the current $1.2 billion for the balance of the 2014-15 biennium.

State Revenue Collections for January Again Exceed Forecast

(Published Feb 18, 2014)

The upcoming state budget forecast will contain the official revenue and expenditure projections for use during the 2014 legislative session.

State to Unveil Budget Forecast on Feb. 28

(Published Feb 7, 2014)

The forecast will guide legislators during the 2014 session.

State Revenue Collections Exceed Forecast Again

(Published Jan 21, 2014)

A strengthening economy and higher state revenues set the stage for the 2014 legislative session.

State Budget Improves as Economic Recovery Slowly Strengthens

(Published Dec 9, 2013)

The November Forecast is first look at the state’s biennial budget and will set the stage for the 2014 legislative session.

State Revenues on Track for First Quarter of FY 2014

(Published Oct 14, 2013)

Report includes the first information on the effects of the 2013 tax law changes.

State General Fund Revenues Below Forecast for August

(Published Sep 16, 2013)

State general fund receipts are now 2 percent below forecast for the first two months of fiscal year 2014.

State Releases July Revenue Collection Report

(Published Aug 19, 2013)

Report shows first monthly decline in state revenue collections since the February forecast was released.