Idaho on pace for record $800 million budget surplus
KEITH RIDLER, Associated Press
FacebookTwitterEmail
BOISE, Idaho (AP) Idaho could finish the fiscal year at the end of June with a record budget surplus of $800 million, Gov. Brad Little announced Wednesday.
The Republican governor said he will advocate for additional tax cuts along with investments in key areas, with education topping the priority list. Lawmakers will take up the budget when they meet in January.
Little attributed the strong state economy to fiscal conservatism, swift action during the coronavirus pandemic and responsible allocation of billions of dollars in federal COVID-19 rescue money.