Equalization Board Certifies $32 Million In Growth

Lawmakers will have only $32 million in growth funds to appropriate next year under a revenue estimate certified today by the Board of Equalization.

Governor Brad Henry and state Treasurer Scott Meacham said they're concerned the estimate may be optimistic, based on a slowdown in recent months in the rate of income tax yields.

The Board of Equalization's official estimate, upon which the budget for schools, highways and other government programs is built, will be updated in February, after the Legislature reconvenes.

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