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
Understanding 2023 Property Tax Relief
- May 5, 2023
- Blog Post, Economic Security, Featured, Reports, Tax & Revenue
- A main focus of the 2023 legislative session was property tax relief. While there were several proposals introduced, only one made it past the
