Video & Transcript : 'revenue calculation' :

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ID

Idaho 2026 Regular Session

Agenda Jan 14th, 2026

Transcript Highlights:
  • what our revenues are projected.
  • for the different revenue categories.
  • So now, looking at the revenue forecast based on the different revenue categories, these are the six
  • And we are seeing a revenue decrease.
  • forecast, or the... ...component of the general revenue forecast, or the general revenue fund.
Summary: The committee was convened to review Idaho’s economic outlook and general fund revenue projections, with members instructed to complete and submit individual “homework” revenue projections for fiscal years 2026, 2027, and 2028 by noon the next day. Chairmen explained the binder materials, the committee’s constitutional charge, and the plan to compile member projections into an average and median for deliberation and a recommendation to JFAC. They also noted the meeting was being broadcast publicly and thanked staff and presenters. Keith Bybee of Legislative Services Office outlined the state’s general fund budget picture, emphasizing structural imbalance between revenues and expenditures, the impact of statutory spending growth, and the need to decide whether to address the gap through spending cuts, cash balances, or other policy changes. He highlighted major budget drivers such as Medicaid expansion, public defender costs, IT consolidation, public school funding changes, and water resources spending, and discussed available cash reserves, including the budget stabilization fund. Committee members asked about Medicaid’s net cost, the treatment of the $330 million school funding adjustment, the Millennium Fund, and whether rainy-day funds or interest earnings were being used in the governor’s budget. Aaron Phipps of the Division of Financial Management presented the executive revenue forecast and explained changes in reporting for sales tax and the tax relief fund, including how certain transfers would now be treated as accrued general fund revenue. She described a sharp but likely temporary drop in corporate income tax collections tied to federal tax changes and taxpayer behavior, especially the One Big Beautiful Bill Act and the SALT workaround, and said the overall income tax forecast remained relatively steady. Robert Spindlove of Zions Bank described national conditions, including lower Fed rates, a re-steepening yield curve, higher tariffs, mixed inflation signals, slowing but not contracting labor markets, and continued consumer spending, and said 2026 looked like a rebuilding year. Sam Wilkenhauer of the Idaho Department of Labor reported that Idaho’s labor market remained strong, with low unemployment, steady job growth, balanced industry expansion, and wage growth moderating from the overheated post-pandemic period; he forecast continued but more sustainable growth over the next two years.
WA

Washington 2025-2026 Regular Session

Senate Health & Long-Term Care Jan 16th, 2026 at 08:00 am

Health & Long-Term Care

Transcript Highlights:
  • Tools like ultrasound are more accurate in calculating this gestational age.
  • The 340B revenue hospitals receive doesn't just come out nowhere.
  • When you have an entity with revenue, how they spend it is up to them.
  • And where I so With revenue, how they spend it is up to them.
  • These revenues are out there, and they're making a bunch of money for pharmacies.
TX

Texas 89th Regular

Appropriations Feb 19th, 2025

Appropriations

Transcript Highlights:
  • We can calculate what the impact of that would have been. Yeah, I'm just a little bit curious.
  • Do you foresee any changes in that in that calculation at all?
  • Slide four is the revenue picture that school districts receive.
  • In the long run, school districts. cannot spend more than the revenue they receive.
  • This is the revenue they receive. No, they can't.
Keywords: 1184, house, all
CA
Transcript Highlights:
  • We removed excused absences in the school calculation.
  • That's something I would have to defer to our revenue department.
  • What's the calculated difference in that?
  • We don't have a calculated difference at this time for that.
  • We had calculated 1.85% for the current year growth at the time.
Summary: The committee heard the May Revision presentation for the Assembly Budget Subcommittee on Education Finance, with public comment focused heavily on K-12 priorities such as universal school meals, kitchen infrastructure, food service and custodial support, youth leadership grants, Special Olympics funding, English learner support, universal pre-K, literacy investments, and concerns about community college funding shifts. Speakers also urged support for expanded learning, teacher recruitment and training, and maintaining or increasing funding for community colleges and student support programs. Finance and the LAO then reviewed the Proposition 98 outlook. Finance said the May Revision lowers the 2025-26 Prop. 98 guarantee to $114.6 billion, about $4.3 billion below January, due mainly to lower revenue estimates, with smaller effects from attendance and property tax changes. The administration also described rebenching for universal transitional kindergarten and a one-time rebench tied to Los Angeles fire-related property tax losses, along with changes to the Public School System Stabilization Account, deferrals, and updated COLA assumptions. The LAO said the budget relies too much on deferrals and one-time funds, creates a structural shortfall, and should instead align ongoing spending with the guarantee and preserve a reserve buffer. Members questioned the TK rebench and the shift of funding from community colleges to K-12, asking why it was being applied retroactively and how colleges would be held harmless. Finance said the changes align funding with where TK costs are being incurred and that reappropriation funding and other adjustments would offset impacts on community colleges. The LAO argued the historical split formula is outdated and should be abandoned in favor of budgeting around current priorities rather than fixed percentages. Members also raised concerns about draining the rainy day reserve and using deferrals, while the LAO said preserving reserves would better protect against future volatility. The committee then moved to specific K-12 and education proposals. Finance outlined May Revision changes including state operations adjustments for the Department of Education, technical trailer bill changes, a $100 million student teacher stipend program administered by Kern County, and updates to the charter school facility grant program. The LAO recommended rejecting the proposed increases for expanded learning, literacy coaches, and the student teacher stipend as currently structured, while supporting the minimum grant increase for expanded learning. Members expressed support for teacher recruitment efforts but questioned whether one-time funding can sustain ongoing programs and whether the student teacher stipend should be targeted to shortage areas or low-income communities.
MO

Missouri 2026 Regular Session

2026 Legislative Session - Day Thirty Five - Tuesday, March 10 - Morning Session

Missouri House Floor Meeting

Transcript Highlights:
  • Yeah, that's a different problem than revenue. That's a completely different problem in revenue.
  • , losing out on revenues.
  • Revenue somewhere.
  • the consensus revenue estimate.
  • The state auditor must determine the reasonable estimate of the median annual revenue amount and calculate
Summary: The Missouri House met with prayer, the Pledge of Allegiance, approval of the prior House journal, and numerous guest introductions, including a tribute to Harris-Stowe State University President Dr. Latanya Collins-Smith during Women’s History Month. The chamber then took up House Committee Substitute for House Joint Resolutions 173 and 174, which would place on the ballot a constitutional change to gradually eliminate Missouri’s individual income tax and allow the legislature to broaden the sales tax base to services if needed. The sponsor and supporters framed the proposal as a long-term tax reform that would let Missourians keep more of their earnings, spur economic growth, and ultimately let voters decide the state’s tax structure. Supporters argued that no-income-tax states have stronger growth, more business relocation, and better population trends, and said the resolution includes triggers and revenue-neutral safeguards, including protections for school funding and local governments. Several members said the measure is only a referral to the voters, not an immediate tax change, and emphasized that the plan is designed to phase out the income tax only as state growth allows. Opponents countered that the measure would ultimately require a large sales tax increase on goods and services, shifting the burden onto working families, seniors, renters, and low-income Missourians, while threatening public schools, services, and tax-credit-supported nonprofits. They also criticized the ballot language as misleading and warned that the fiscal impact could be as high as an $8.5 billion revenue loss. Members debated comparisons to Tennessee, Texas, Florida, Washington, Oregon, and Kansas, with supporters citing those states as evidence that lower or no income taxes can attract growth, while opponents said Missouri’s economy, tourism, and budget structure are not comparable and that the Kansas example shows the risks of tax-cut experiments. The sponsor and several allies repeatedly stressed that the proposal is a constitutional amendment for voters to decide, not a final legislative tax hike, and said the plan is different from Kansas because it uses triggers and a defined path to zero. The transcript does not show a final vote on the resolution in the excerpt provided.
FL

Florida 2025 Regular Session

December 10, 2025 - 01:00 PM

Transcript Highlights:
  • CMS CALCULATES THE CHILD COURSE SET MEASURE BEFORE ON BEHALF OF ALL STATES USING THE DATA CMS CALCULATES
  • LIKE THE PREVIOUS METRICS CMS CALCULATES THE MEASURE ON BEHALF OF ALL STATES USING THE DATA SUBMITTED
  • I DID WANT TO MENTION AFTER WE CALCULATED THE BASELINE FOR EACH PLAN, THAT'S WHERE WE WILL START WHEN
  • THAT IS PUTTING TWO PERCENT OF A PLAN REVENUE AT RISK.
  • IT IS IN TURN WHERE THESE DATA TO CALCULATE. >> Rep. Gerwig: THANK YOU MR.
CA
Transcript Highlights:
  • So GGRF revenues may be lower.
  • Revenue generation is one feature of the program.
  • Calculation before this body votes.
  • an updated calculation on the DGRF.
  • Eroding GGRF revenues when we can least afford it.
Keywords: 987, senate, all
WA

Washington 2025-2026 Regular Session

House Finance Jan 13th, 2026

Transcript Highlights:
  • talking about a percent of revenue?
  • Revenue to the nonprofit? Yeah, revenue to the nonprofit. Thank you. Great. Any further questions?
  • And that's how we calculated it.
  • And so the revenues grew by 5.5%. That's just above our long-run average for revenue growth.
  • And so the revenues grew by 5.5%. That's just above our long-run average for revenue growth.
Summary: House Finance met in work session on January 13, 2026, beginning with the introduction of new member Rep. Janice Zahn and a reminder about short-session amendment deadlines. The committee then heard JLARC’s 2025 tax preference performance reviews, covering nine preferences. JLARC recommended continuing several preferences, including natural gas transportation fuel exemptions, reduced B&O rates for travel agents and tour operators, a property tax exemption for nonprofit low-income housing developers, a property tax exemption for multipurpose senior centers, a sales and use tax remittance for disabled veteran adapted housing, a trade convention attendance nexus exemption, a B&O exemption for agricultural fertilizer and seed sales, and a hazardous substance tax exemption for certain pesticides. JLARC also recommended allowing unused silicon smelter-related preferences to expire. Members asked about legislative intent, data limitations, and how performance metrics should be tied more clearly to policy objectives; committee leaders and JLARC staff discussed a new standardized rubric for future tax preference performance statements and fiscal note review. The committee also noted that bills related to some of the reviewed preferences were already introduced. For the low-income housing exemption, JLARC said nonprofit developers were building homes as intended but that the current spending-based metric did not fully reflect the policy goal, and it recommended the legislature decide whether to continue or modify the preference. For multipurpose senior centers, JLARC said the exemption met its inferred objective and recommended continuation, with possible consideration of making it permanent. For the disabled veteran adapted housing remittance, JLARC said few eligible veterans were claiming the benefit and recommended continuation with changes to improve access and consultation with the Department of Veterans Affairs. On the trade convention attendance exemption, JLARC said use was unknown but the preference likely helped keep Washington competitive with other states and recommended continuation, though members questioned the lack of direct evidence and the administrative-burden rationale. The committee then received an update from the Economic and Revenue Forecast Council. The forecast showed the U.S. economy slowing but still growing, with Washington expected to have modest growth, weak employment gains, continued personal income growth, and slow construction. ERFC said tariffs and trade policy remained the biggest risks, inflation was expected to stay elevated in the near term, and the Federal Reserve had cut rates three times in 2025 with two more cuts projected in 2026. State revenues were up $105 million in the current biennium compared with the November forecast, but down $185 million in the next biennium, with growth driven in part by recent legislative changes and improved estate tax collections. Members asked about sector-specific employment trends, the impact of high-income households on retail sales, and how state revenues compare with personal income over time. The meeting adjourned after the forecast presentation.
TX
Transcript Highlights:
  • How do you calculate that one-to-one?
  • **Senator Hinojosa.** How do you calculate that one-to-one?
  • Recommendations maintain 24-25 general revenue appropriations.
  • Recommendations maintain the 24-25 general revenue appropriations.
  • Recommendations maintain the 24-25 general revenue appropriations.
Bills: SB1, SB 1
VT

Vermont 2025-2026 Regular Session

Senate Session - 2026-04-23 - 1:00PM

Vermont Senate Floor Meeting

Transcript Highlights:
  • We have H567 being on the calendar for notice and affecting the revenues of the state under Rule 31 will
  • We have H577 being on the calendar for notice and affecting the revenues of the state under Rule 31 is
  • of the state affecting the revenues of the state under<00:06:09.120><c> rule</c><00:06:09.520><c> 31
  • </c><00:06:50.960><c> The</c> affecting the revenues of the state.
  • The affecting the revenues of the state.
Keywords: 927, senate, all
LA

Louisiana 2026 Regular Session

Education May 14th, 2026

Education

Transcript Highlights:
  • But this is revenue sharing, and it's revenue sharing, let's be clear, that is state money.
  • But it is revenue received for compensation.
  • It's public dollars because it's revenue from...
  • This is revenue sharing. This is revenue sharing.
  • This is revenue sharing. This is revenue sharing.
Summary: The Senate Education Committee met with four members present and took up a long agenda of education-related bills. Early items included SCR 65, which would create a K-12 student success task force to study statewide career and academic pathway advising; the committee adopted a substantive amendment adding designees and then reported the resolution favorably. The committee also reported favorably on SCR 119, honoring Coach D.D. Breaux, after brief remarks about her LSU gymnastics legacy and the request that LSU study naming its gymnastics training facility in her honor. Several bills affecting school operations and student support were heard and reported favorably, including HB 434 on probationary school bus driver employment and superintendent authority over dismissal; HB 484 expanding scholarship benefits for children and spouses of fallen or disabled firefighters and police officers; HB 749 and HB 1059 on savings accounts and TOPS math eligibility alignment; HB 218 adding food insecurity questions to student questionnaires, which was amended and reported favorably; HB 325 expanding TOPS Tech eligibility through dual enrollment and part-time use; HB 476 requiring Safe Haven law postings in middle and high school restrooms; HB 1249 clarifying access to school-based health centers, with an amendment adopted; HB 1242 allowing more than one early learning center license at the same location under certain circumstances; HB 632 improving data protections and functionality for LA First; and HB 352 on behavioral health services for public school students, which was amended to address IEP and dispute-process concerns before being reported favorably. Two bills drew extended debate over transparency, privacy, and school autonomy. HB 608 would create confidentiality for intercollegiate athletics revenue-sharing documents; LSU representatives argued the bill was needed to protect student-athletes and competitive information, while PAR and the Louisiana Press Association opposed it as an improper secrecy carve-out for state-generated revenue. Despite the opposition, the committee reported HB 608 favorably. HB 1112, which would exempt BESE-approved non-public pre-K programs from certain licensure and safety requirements and adjust related definitions, was amended and then heard with testimony from the Pelican Institute in support, arguing it corrects overreach from prior law and protects private school autonomy and parental choice.
LA

Louisiana 2026 Regular Session

Judiciary Apr 28th, 2026

Judiciary

Transcript Highlights:
  • He added that, if you look at the last time this was adjusted and calculate inflation, it is right around
Summary: The committee met with a quorum and first took up House Bill 1165, which was converted into a substitute bill to reorganize the Avoyelles Parish court system by creating two city courts, one for Marksville and one for Bunkie, and expanding their jurisdiction parishwide, including small claims and certain misdemeanor, civil, and juvenile matters. The sponsor and supporting judges said the change would better use existing courts and improve access to justice, while the district attorney opposed it, arguing it would not help the criminal docket, could create staffing and constitutional issues, and needed more study. After questions about voting districts, appellate procedure, and minority vote dilution, the committee adopted the substitute and reported the bill favorably. The committee then heard House Bill 1064 creating a domestic violence intervention court pilot program in the 19th Judicial District, with testimony from the Criminal Justice Coordinating Council and the YWCA describing a specialty court model focused on accountability, victim services, and wraparound support. The bill was reported favorably. House Bill 341, clarifying law enforcement officer rights during administrative investigations, was amended to specify administrative matters and reported with amendments. House Concurrent Resolution 64, as amended, expanded a study of behavioral health courts to include additional parishes and a later reporting deadline, and was reported favorably. House Bill 579, the sexual assault survivor bill of rights, was amended to strengthen notice, confidentiality, and funding provisions and then reported favorably. Later, House Bill 1004, which would have raised the jurisdictional threshold for justice of the peace courts from $5,000 to $7,500, drew significant opposition from city court judges who warned of unintended consequences, including different evidentiary standards, possible attorney-representation issues for entities, and added burdens on district courts. Supporters framed it as an inflation adjustment and access-to-justice measure, but after debate the committee voted 5-11 to defer the bill. House Bill 183, limiting courthouse cell phone bans in fee-payment areas, was amended and then failed on a 7-7 tie with the chair voting no. The committee also reported favorably House Bill 451 on ATC hearing notices, House Bill 541 on micro distillers via substitute, Senate Bill 44 on tactical medical professionals’ firearms, House Resolution 37 honoring veterans who served in Honduras, and House Bill 89 requiring a district attorney office to pay certain retirees’ health premiums from its own funds. Several other bills were voluntarily deferred, and the meeting ended with a motion to adjourn.
LA

Louisiana 2026 Regular Session

Judiciary Apr 28th, 2026

Judiciary

Transcript Highlights:
  • And if you look at the last time when this was adjusted and calculate inflation, it's right around that
  • And if you look at the last time when this was adjusted in calculate inflation, it's right around that
  • If you'd use that through the above calculation, the $3,000 in 2004 to 2026 would be $5,189.
LA

Louisiana 2026 Regular Session

Civil Law and Procedure Apr 7th, 2026

Civil Law and Procedure

Transcript Highlights:
  • That's $120 million at 10% in tax revenue for the state. Let me ask you this, sir.
  • That's $120 million at 10% in tax revenue for the state. Let me ask you this, sir.
TX

Texas 89th Regular

Transportation May 14th, 2025

Transportation

Transcript Highlights:
  • The funds will be deposited into the general revenue.
  • But the constitutionally dedicated revenue streams going in two directions still have to be paid in regards
Summary: The Senate Transportation Committee heard testimony and took action on a series of transportation-related bills. Early in the meeting, Senator Hagenbuch presented HB 647, which would let drivers who have had corrective eye surgery update their licenses by submitting physician verification without an in-person DMV visit; he argued it would reduce DMV lines, though a fiscal note estimated setup costs. The committee also heard HB 2029, a cleanup bill clarifying that travel trailers are not subject to safety inspections after prior legislation removed inspections for trailers and all vehicles, and HB 4804, which would remove Texas’s CDL appeals hearing process to align with federal law and avoid jeopardizing highway funds, while also authorizing DPS action related to the terrorist offender registry. All three bills were left pending after testimony, along with HB 2003, which would require annual public reporting by entities with projects in the Texas Rail Plan, especially in light of the Dallas-Houston high-speed rail project and landowner concerns; supporters said it would improve transparency, while opponents warned it would force disclosure of proprietary financial information from a private project. The committee also heard HB 2775, adding Ector County and Odessa to the I-27 Advisory Committee, and HB 791, authorizing a specialty plate for Central Catholic High School in San Antonio; both were left pending after brief discussion and no opposition testimony. The committee then heard several local or commemorative measures. HB 1242 would designate part of U.S. Highway 281 in Brooks County as the Ernesto Solis-Cantu Memorial Highway, and HB 2061 would name a bridge on State Highway 242 in Montgomery County for Lance Corporal Armando Hernandez. Hernandez’s mother testified emotionally in support, describing his military service and the family’s wish to have the bridge mark his return home; members responded supportively. The committee also heard HB 1729, which would impose term limits on Freeport commissioners, and HB 3751, transferring a DPS commercial vehicle enforcement office building in Woodville from TxDOT to DPS. HB 3611, the “bandit sign” bill, was presented as a targeted enforcement measure against illegal commercial signs in medians and right-of-ways, with added safeguards to avoid affecting political signs and to require written notice before fines. All of these bills were left pending after testimony. At the end of the meeting, the committee took up pending business and voted out multiple bills favorably. HB 3751, HB 261/HB 2061, HB 647, HB 791, HB 1242, HB 1729, HB 2003, HB 2029, HB 2775, HB 3611, HB 4804, and HB 2522 were each reported favorably to the full Senate, generally on unanimous or near-unanimous votes. Most were also sent to the local and uncontested calendar, though HB 2029 was ultimately not placed there after an objection. The committee then recessed.
TX

Texas 89th 2nd C.S.

Transportation May 8th, 2025

Transportation

Transcript Highlights:
  • , but it's operating revenues only, and to take these additional revenues from these payments in lieu
  • Well, our revenues are small.
  • definition of net revenues, it's primarily designed to be from system operations.
  • This would help, uh, bring revenue and everything to the community.
  • Servicing that environment brings that revenue. To this location.
TX

Texas 89th Regular

Transportation May 8th, 2025

Transportation

Transcript Highlights:
  • They also do not create any revenue stream for us. And I'm sorry if I'm... Go ahead, that's okay.
  • , but operating revenues only.
  • Well, our revenues are small.
  • This would bring revenue and everything to the community, the state, and everyone.
  • This brings revenue to this location.
TX

Texas 89th Regular

Ways & Means Apr 28th, 2025

Ways & Means

Transcript Highlights:
  • Today, public sales tax revenues are used to subsidize racetracks.
  • in their town; however, their sales tax revenues went to a neighboring city.
  • So you're saying your bill prohibits the other city from getting the revenue?
  • Texas sales tax revenue to an out-of-state entity.
  • To date, our town has lost over $7 million in local sales tax revenue.