Final Analysis of the State Budget 2014-15

March 28, 2014
By Paul K. Emerson, TAC State Financial Analyst
Legislative News

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In December 2013, the Legislative Budget Board (LBB) released its final compilation on SB 1, General Appropriations Act, which includes the Governor’s vetoes and other significant appropriation bills affecting the state budget over the next two years. 

To simplify the state budget process and understand what impact it has on counties, TAC’s County Information Program (CIP) has monitored the status of SB 1 since the beginning of the 83rd Legislative Session.

CIP has prepared a 31-page report detailing the significant changes that occurred in the budget process. Several new graphs were added to show how the funds are allocated to various state agencies. The largest cost drivers are Article II (Health & Human Services) and Article III (Agencies of Education) – capturing roughly three quarters of the state’s budget.

One noticeable change in SB 1 was the additional $4.2 million to fund the courthouse preservation program in fiscal year 2014 – coming from general obligated bond proceeds. As SB 1 was being marked-up and debated during session, funding for the courthouse preservation program was not being considered except to provide operational funding to administer the program. The courthouse preservation program has seen funding cuts through the years. When the program was initially created in 1999, it received $50 million in funds, but is now receiving less than $4.2 million.

Other additional funding included $300 million for Medicaid services.

For more information on this article, please contact Paul Emerson, TAC Financial Analyst, at (800) 456-5974.