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Excluding Budget Cuts, Idaho’s FY21 Budget Surplus is $277 Million

  • Education, Reports, Tax & Revenue

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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.
In March 2020, a governor-issued 1 percent “holdback” for the remainder of FY20 resulted in $19 million in cuts to K-12 schools, $16.6 million in pay freezes for state employees as well as a general hiring freeze, and various other savings in state agencies.
Read the full report here: Excluding Budget Cuts, Idaho’s FY21 Budget Surplus is $277 Million

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The Idaho Center for Fiscal Policy is a private, not-for-profit, and non-partisan organization committed to high-quality fiscal research and analysis as well as policy leadership. The Idaho Center for Fiscal Policy is a program of Jannus.

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