Presentations on Budget to Revenue and Tax Committee

January 20th, 2015

The House Revenue and Taxation Committee was briefed on the status of the General Revenue Budget Tuesday morning.

Members were told the state is $84 million ahead of where we were this time last year.

$5.7 billion is expected to be available for the next General Revenue Budget.

Members were also given a presentation on the Revenue Stabilization Act which our state uses to prioritize funding and keep our state from operating in a deficit.  You learn more about the RSA here.