Panel aligns with Otter on 2015 revenue forecast

Panel aligns with Otter on 2015 revenue forecast

Panel aligns with Otter on 2015 revenue forecast

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by Associated Press

KTVB.COM

Posted on January 22, 2014 at 3:40 PM

Updated Wednesday, Jan 22 at 3:40 PM

BOISE -- For the second year, Idaho lawmakers voted Governor C.L. "Butch" Otter's revenue projections were right on the money.

Otter estimates $2.98 billion dollars in revenue will flow into Idaho in fiscal year 2015, which starts in July.

That's 6.4 percent more than this year.

The 18-person Joint Economic Outlook and Revenue Assessment Committee agreed with Otter's projection in a unanimous vote Thursday.

Aligning with the governor means the committee largely agrees Idaho will have enough money to boost the 2015 budget by 3.7 percent to $2.9 billion while saving more than $40 million, as Otter recommended earlier this week during his State of the State speech.

With the forecast in, lawmakers now can get down to debating whether they like Otter's budget priorities -- or if they should be changed.

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