Now two months into the 2026 fiscal year, Idaho state revenues continue to lag behind state forecasts, but the state is no longer projecting to end the year with a budget deficit, according to a monthly budget report released last week by the Idaho Legislative Services Office .

According to the September General Fund Budget Monitor report, revenues through the first two months of fiscal year 2026 have come in $22.6 million, or 2.8%, below the revised forecast issued by the Idaho Division of Financial Management.

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