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I daho Fiscal Officers Meeting July 31, 2013

I daho Fiscal Officers Meeting July 31, 2013. General Fund Review Paul Headlee LSO, Budget & Policy Analysis. Fiscal Year 2013 Rev Growth 2.7% Est.; 6.3% Actual. Actuals $99,604,800 1,816,100 37,632,000 2,657,974,000 (6,000,000) 98,308,100 2,750,282,100 2,889,335,000 (6,390,700)

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I daho Fiscal Officers Meeting July 31, 2013

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  1. Idaho Fiscal Officers MeetingJuly 31, 2013 General Fund Review Paul Headlee LSO, Budget & Policy Analysis

  2. Fiscal Year 2013Rev Growth 2.7% Est.; 6.3% Actual Actuals $99,604,800 1,816,100 37,632,000 2,657,974,000 (6,000,000) 98,308,100 2,750,282,100 2,889,335,000 (6,390,700) (700,000) (25,877,100) (85,392,200) 2,014,900 3,033,300 545,600 (112,766,200) 2,702,105,700 50,492,500 (52,477,100) (3,505,200) 2,696,615,900 $79,952,900 REVENUE: 1. Beginning Balance 2. Cash Reversion H&W/SILC/Judicial 3. Carryover H&W – Coop Welfare GF 4. DFM Revised Estimate 2.7% 5. H1 Tax Conformity for Capital Deprec. 6. Revenue Surplus 7. REVENUE 8. TOTAL REVENUE & BEG BALANCE TRANSFERS: 9. Deficiency Warrants 10. 2012 Legislative Session Transfers 11. Budget Stabilization Fund I.C. §57-814 12. H345 Budget Stabilization Fund 13. S1196 Consumer Protection Fund AG 14. H615 Cat Hlth Care Fund (2012 Session) 15. Cancelled Encumbrances/Misc. Adjustments 16. NET TRANSFERS APPROPRIATIONS: 17. FY 2013 Original Appropriations 18. Reappropriations / Supplementals 19. Rescissions 20. Reversions /Receipts to Appropriation 21. TOTAL APPROPRIATION 22. ESTIMATED ENDING BALANCE Sine Die $99,604,800 1,816,100 37,632,000 2,657,974,000 (6,000,000) 0 2,651,974,000 2,791,026,900 (6,390,700) (700,000) (25,877,100) 0 2,014,900 0 0 (30,952,900) 2,702,105,700 50,492,500 (52,477,100) 0 2,700,121,100 $59,952,900 Difference 98,308,100 98,308,100 98,308,100 (85,392,200) 3,033,300 545,600 (81,813,300) (3,505,200) (3,505,200) $20,000,000

  3. Fiscal Year 2014 5.3% Est. Revenue Growth • Sine Die • $59,952,900 • 2,799,105,000 • (24,052,500) • 2,835,005,400 • (3,000,000) • 0 • 0 • (3,000,000) • 2,781,023,800 • $50,981,600 REVENUE: 1. Estimated Beginning Balance 2. DFM Original Rev Estimate 5.3% 3. Impacts of Legislation (.9%) 4. TOTAL REVENUE & BEG BALANCE TRANSFERS: 5. Idaho Opportunity Fund S1174 6. Budget Stabilization Fund §57-814 7. Deficiency Warrants (next session) 8. TOTAL TRANSFERS APPROPRIATIONS: 9. FY 2014 Original Appropriations 10. ESTIMATED ENDING BALANCE Actuals $79,952,900 2,799,105,000 (24,052,500) 2,855,005,400 (3,000,000) (2,375,800) (11,874,900) (17,250,700) 2,781,023,800 $56,730,900 • Difference • $20,000,000 • 20,000,000 • (2,375,800) • (11,874,900) • (14,250,700) • $5,749,300

  4. Gen Fund History The largest five appropriations for agencies make up 84.2% the General Fund, and the largest 13 make up 93.7% of the General Fund.

  5. FY 2012 - 2014 • State Reserve Funds

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