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Budget Related Publications

Forecast June 2025 Updated with OBBBA Impacts

Subject:
Fiscal Policy & Taxes
State Revenue & Budget
Published:
July 30, 2025
Agency:
Legislative Council Staff

This forecast update presents forecasts for the economy and state government revenue through FY 2026-27. Implications of the forecast for the state's General Fund budget and spending limit are described in the report's highlights and executive summary sections. The report is based on current law, legislation passed by the General Assembly affecting the forecast is described throughout the report.

View Full Report         View Economic Outlook Presentation