this post was submitted on 28 Aug 2025
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[–] 14specks@lemmy.ml 4 points 3 weeks ago* (last edited 3 weeks ago)

The loss is slightly offset by state-level changes such as a small increase in projected business tax revenue, but the net result is still a loss of about $621 million in general fund dollars. The decrease tips the 2025-27 biennium into negative territory, with a projected general fund deficit of $373 million.