The Legislature passed its FY 2021 budget on December 5, hoping to avoid the need for an another interim budget and just days before the FY 2022 consensus revenue hearing that kicks off the next budget process. The budget, now awaiting the Governor’s response, comes in at $46.46 billion or $692 million greater than the $45.77 billion revised proposal from the administration in October. The Legislature’s plan represents a $2.9 billion increase over the FY 2020 General Appropriations Act or a hike of 6.6 percent.
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Jan 26, 2022