Carl's Capitol Comments
House begins appropriation process
January 12, 2022
The state Board of Equalization met in late December, delivering an initial estimate of the amount of revenue the Legislature will have to appropriate for Fiscal Year 2023, which starts in July.
The board estimated $9.1 billion in recurring revenue and about $1.2 billion available in cash reserves. This could be the largest budget in state history. But just because we have an excess doesn't mean we should spend it all. We need to be very smart and make sure we're using taxpayer dollars properly.
House and Senate budget leaders and the governor say they prefer to keep agency budgets level this...
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