Idaho state revenues continue to lag behind budget projections

The Joint Finance-Appropriations Committee takes a break in proceedings to pass out printed materials for a meeting on Jan. 7, 2025, at the State Capitol Building in Boise. (Pat Sutphin for the Idaho Capital Sun)

Now two months into the 2026 fiscal year, Idaho state revenues continue to lag behind state forecasts, but the state is no longer projecting to end the year with a budget deficit, according to a monthly budget report released last week by the Idaho Legislative Services Office.

According to the September General Fund Budget Monitor report, revenues through the first two months of fiscal year 2026 have come in $22.6 million, or 2.8%, below the revised forecast issued by the Idaho Division of Financial Management…

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