The House and Senate are set to enact a Fiscal Year (FY) 2025 budget, totaling $58.1 billion in line-item spending.  It includes $27.5 million more in spending than the House and $16.5 million more than the Senate budget; and total spending exceeds the FY 2024 General Appropriations Act (GAA) by $2 billion, or 3.6 percent.

While each year the Conference Committee is faced with reconciling countless spending, policy, and technical differences between the House and Senate proposals; this year, the process was made more challenging by an uncertain fiscal picture for FY 2024, a more constrained revenue outlook in FY 2025, and divergent priorities for how to spend $1.3 billion in surtax resources for education and transportation initiatives.