October 2022 Archive

In the first three periods of Fiscal Year (FY) 2023, collections have averaged 10.4% year-over-year (YoY) growth to state funds, exceeding consensus forecasts released in May. Inflation appears to have aided the General Fund in its 16.4 percent growth over the same period last year, while it may be negatively impacting the Transportation Fund. Collections […]

During the 2021 General Session, the Legislature passed H.B. 346, “Natural Resources Entities Amendments.” Among other things, the legislation split the Division of Parks and Recreation into two separate line items: the Division of State Parks and the Division of Recreation.   Between the 2021 and 2022 General Sessions, the Legislature invested over $185 million […]