C. Grow — Scott Groh (Senator Groh, District 14) is introduced and begins his presentation as chairman. He is then asked a question about budget presentation practices, and the discussion continues with additional references to Senator Grow/Tays in the context of the same committee budget presentation conversation.
C. Grow — Senator Groh summarizes the budget discussion, references the beginning balance, and notes uncertainty in revenue projections.
Ron Taylor — Senator Taylor is mentioned twice in the context of being present for and having heard the presentation, as part of the audience of senators.
Ron Taylor — Senator Taylor asks whether one-time funds are the same as the rainy day fund and how much spending from the fund would affect Idaho's AAA rating.
Keith Bybee — Introduces himself as division manager for budget policy analysis and begins the presentation.
Doug Ricks — Mr. Chairman is repeatedly addressed throughout a continuous exchange as the question proceeds and the witness responds, including the senator’s opening remarks, the question itself, and the start of the response.
Mr. Bybee — Mr. Bybee discusses the confidence level in revenue estimates, characterizing the outlook as roughly a 40-60 proposition while noting that January revenue numbers look strong and confidence is improving. He then shifts to the broader fiscal picture, saying the fiscal impact of the bill remains uncertain and explaining that the governor’s budget relies on one-time money and a 3% holdback to reach balance. He contrasts that approach with making harder budget-cutting choices now to restore the state’s fiscal path.
Lori Hartog — Lori Hartog is referenced and then speaks to Mr. Bybee, asking him to explain the governor’s recommendation, the legislative scenario, and the assumptions behind the ending balance; the surrounding mentions are transcript errors referring to her by name.
Alison Rabe — The discussion continues a fiscal explanation involving bond rating trips. Past examples are cited, including Senator Dean Cameron and Representative Maxine Bell having gone on such trips, and the speaker then thanks the chair and Senator Taylor for their questions as the explanation proceeds.
Keith — Keith concludes his presentation and offers to answer further questions.