REVISED
STATEMENT OF PURPOSE
RS31070 / S1270
This is the FY 2025 Maintenance Appropriation for Economic Development. This bill includes appropriations
to the Department of Agriculture, Department of Commerce, the Department of Finance, the Idaho Industrial
Commission, the Department of Insurance, the Department of Labor, the Public Utilities Commission, the
Self-Governing Agencies, and the Idaho Transportation Department. The appropriation includes standard
adjustments for benefit costs, inflationary adjustments, statewide cost allocation, and change in employee
compensation.
FISCAL NOTE
FTP Gen Ded Fed Total
FY 2024 Original
Appropriation 3,790.28 39,901,900 1,054,573,300 835,930,000 1,930,405,200
Prior Year
Reappropriation 0.00 6,309,400 352,922,900 177,791,400 537,023,700
FY 2024 Total
Appropriation 3,790.28 46,211,300 1,407,496,200 1,013,721,400 2,467,428,900
Executive Carry Forward 0.00 2,968,500 42,993,500 2,369,600 48,331,600
FY 2024 Estimated
Expenditures 3,790.28 49,179,800 1,450,489,700 1,016,091,000 2,515,760,500
Removal of Onetime
Expenditures 0.00 (9,443,500) (859,187,600) (332,029,300) (1,200,660,400)
Base Adjustments (10.00) 13,397,700 (4,047,900) (7,945,600) 1,404,200
FY 2025 Base 3,780.28 53,134,000 587,254,200 676,116,100 1,316,504,300
Personnel Benefit Costs 0.00 (90,200) (1,541,300) (506,100) (2,137,600)
Inflationary Adjustments 0.00 0 75,800 0 75,800
Statewide Cost Allocation 0.00 286,600 2,973,400 121,500 3,381,500
Change in Employee
Compensation 0.00 197,600 1,865,600 733,600 2,796,800
FY 2025 Program
Maintenance 3,780.28 53,528,000 590,627,700 676,465,100 1,320,620,800
Chg from FY 2024 Orig
Approp (10.00) 13,626,100 (463,945,600) (159,464,900) (609,784,400)
% Chg from FY 2024 Orig
Approp. (0.3%) 34.1% (44.0%) (19.1%) (31.6%)
Contact:
Senator C. Scott Grow
Budget and Policy Analysis
(208) 334-1334
DISCLAIMER: This statement of purpose and fiscal note are a mere attachment to this bill and prepared by a proponent
of the bill. It is neither intended as an expression of legislative intent nor intended for any use outside of the legislative
process, including judicial review (Joint Rule 18).
Statement of Purpose / Fiscal Note Bill SOP/FN REVISED: 02/06/2024, 12:01 PM