A highly anticipated forecast of tax collections is basically flat, adding $30 million to the state’s bottom line.
That’s a very small change in a $33 billion, two-year budget.
This gives the Legislature a key piece of information it can use to write a supplemental operating budget it may send the governor before the March 13 scheduled adjournment of this year’s legislative session.
You can read the press release here and view the full report here. The forecast increased anticipated revenues for the remainder of the 2013-15 budget cycle by $30 million and revenues for the 2015-17 budget cycle by $82 million.