Joint Legislative Budget Committee - What's New

Budget and Revenue Updates

Voter Protected Spending (05/05/08)
Non-General Fund Voter Protected Spending (05/05/08)
Monthly Fiscal Highlights April 2008 (04/30/08)
FY 2008 Budget Plan - HB 2620 - April 17, 2008 (4/18/08)

For you budget wonks, these links provide some very interesting information.

F.Y.I. ~ The Cost of a Proposal

To find out the potential estimated cost of a bill (fiscal note) visit the JLBC's webpage dedicated to this session's bills and their fiscal note.

JLBC fiscal notes usually use the "static" impact model as opposed to the "dynamic" impact model and because of this, can be at times, insufficient or incomplete in their projections. The static approach of evaluation the fiscal impact of a bill may be over or under estimated by ignoring the economic effects triggered by the bill.