Idaho

Idaho

Budget Links

FY2027 (enacted)
FY2027 (proposed)
FY2026 (enacted)
FY2025 (enacted)
FY2024 (enacted)
FY2023 (enacted)
FY2022 (enacted)

Enacted Budget – Fiscal Year 2027

Idaho Governor Brad Little signed a series of bills comprising the state’s fiscal 2027 budget. The enacted budget calls for $5.62 billion in general fund appropriations, reflecting 0.0 percent growth (no change) over original appropriation levels for fiscal 2026. The budget is based on projected general fund revenues in fiscal 2027, before tax policy changes, of $5.82 billion, representing annual growth of 2.7 percent. After incorporating a $175 million revenue reduction resulting from tax conformity actions, as well as the impacts of other transfers, total resources or net revenues for fiscal 2027 (including the $67 million beginning balance) are estimated at $5.72 billion. The state’s estimated general fund ending balance is $95 million. Additionally, the state is projected to end fiscal 2027 with combined reserves in the Budget Stabilization Fund, Public Education Stabilization Fund, Higher Education Stabilization Fund, 27th Payroll Fund, Idaho Millenium Fund and Emergency Funds totaling $1.231 billion, or 21.8 percent of the fiscal 2027 general fund revenue estimate. 

The budget makes key investments aligned with the governor’s “Enduring Idaho” plan, focusing on fiscal responsibility and long-term stability. The budget takes steps to improve rural health care with new grants as well as makes investments to address the physician shortage. The budget authorizes additional bonding for Idaho roads, while preserving water infrastructure funding and protecting funds for critical transportation projects. To promote public safety, the budget minimizes reductions to the corrections department and the state police, as well as increases state trooper pay. The budget preserves public school funding – using Public Education Stabilization Fund resources to cover statutorily required increases – and protects funding for Idaho LAUNCH, a workforce development program. Additionally, the budget delivers tax cuts to residents by conforming to federal tax cuts in the One Big Beautiful Bill Act (OBBBA) and supports government efficiency through agency consolidation and regulatory reform. 

Enacted Budget Information
Fiscal Year 2027 Enacted Budget

Sine Die Report

Governor’s Press Release 

Proposed Budget - Fiscal Year 2027

On January 12, Idaho Governor Brad Little released his recommended budget for fiscal year 2027. The proposal calls for $14.44 billion in total fund spending in fiscal 2027, including $5.66 billion in general fund spending. The budget recommendation reflects a total fund spending increase of 2.4 percent and a general fund spending increase of 0.6 percent compared to original appropriations for fiscal 2026. General fund revenue in fiscal 2027 is forecasted to total $5.68 billion, or $5.56 billion after accounting for federal conformity tax cuts. Compared to the current revenue estimate for fiscal 2026, this reflects an increase in general fund revenues of 3.0 percent before the impacts of tax conformity and 0.2 percent after accounting for tax conformity. After proposed transfers and disbursements, maintenance expenditures and recommended spending changes, the governor’s fiscal 2027 budget projects a general fund ending balance of $26 million. The budget estimates total reserve balances – including the Budget Stabilization Fund, Public Education Stabilization Fund, Higher Education Stabilization Fund, and 27th Payroll Fund – of $1.20 billion at the end of fiscal 2026. 

Proposed Budget Highlights 

The governor presented his “Enduring Idaho” plan, focused on fiscal responsibility and long-term stability. The fiscal 2027 budget prioritizes critical program areas including public education, workforce development, agriculture, and public safety, while making ongoing agency spending reductions and taking other steps to ensure government expenditures will not exceed revenues. Highlights of the budget include:

Protecting Long-Term Priorities

• Protects public school funding and uses the Public Education Stabilization Fund to cover any statutorily required increase.
• Maintains funding for Idaho LAUNCH program to support high school graduates pursuing education or training for in-demand jobs.
• Preserves water infrastructure funding to secure the state’s water sovereignty and foster agriculture and energy development.
• Minimizes holdbacks and reductions for the Department of Corrections and State Police.

Rural Healthcare and Medicaid

• Directs federally funded Rural Healthcare Transformation grants to strengthen healthcare delivery, affordability and access.
• Provides funds for the Graduate Medical Residency program to help address physician shortages.
• Continues to implement Medicaid reforms including managed care procurement and work requirements.
• Recommends general fund reductions to Medicaid to control costs and improve the long-term sustainability of the program, including a 4 percent Medicaid provider rate adjustment implemented by the Department of Health and Welfare and additional options for legislative consideration to further decrease spending.

Agency Spending Reductions & Other Strategies

• Includes 3 percent reductions to ongoing general fund spending, making the mid-year cuts implemented in fiscal 2026 permanent.
• Reverts over 100 vacant positions.
• Reduces ongoing spending from the Empowering Parents grant program, as well as implements other reductions.
• Redirects interest earnings from four state accounts to the general fund for fiscal 2027.

Government Efficiency and Accountability

• Recommends a plan to clean up the state’s statutory code and reduce red tape.
• Eliminates supplemental learning funds and transportation funding for virtual schools.
• Reduces state funding for the Idaho Digital Learning Academy.
• Continues to prioritize the identification of operational efficiencies and cost-saving reforms.

Federal Tax Conformity

• Conforms with federal tax cuts in the One Big Beautiful Bill Act (OBBBA), including implementing no taxes on tips and overtime and reducing taxes for seniors. 

Proposed Budget Information
Fiscal Year 2027 Budget Proposal

Fiscal Year 2027 Executive Budget Book 

Budget Highlights

Governor’s Press Release

Governor's State of the State & Budget Address

Revenue Forecast - January 2026