In 2020, a governor-issued 5 percent “holdback” for FY21 led to $98.7 million in cuts to K-12 schools and $96.5 million in cuts to other public services. Policymakers are expected to restore just half of the K-12 cuts with state revenue but those plans have not yet been approved.
Read the full report here: Excluding Budget Cuts, Idaho’s FY21 Budget Surplus is $277 million
Child Tax Credit Expiration Will Lead to Tax Increase on Middle Income Families
- The Idaho Legislature passed over $290 million in income tax relief during the 2025 Session. The relief came from House Bill 40, which lowered
