Gov. Otter: Idaho economy dimming, leaving his 2009 budget $82 million short

February 17, 2008

The outlook for Idaho's economy is dimming. In new figures released yesterday by Governor Butch Otter's office, tax revenue for the current fiscal year is expected to grow by just 1.8 percent – less than half the growth forecast in January.

And for fiscal year 2009 that starts in July, Otter's economists say tax revenue growth will slide to 2.8 percent – down from a previously predicted 3.4 percent.

Full Story: http://www.idahobusiness.net/archive.htm/2008/02/15/Otter-Economy-dimming-leaving-his-2009-budget-82-million-short