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Idaho misses revenue forecast

| May 5, 2010 9:00 PM

COEUR d'ALENE - The state missed revenue projections, again.

During April, the state of Idaho took in $55.5 million less in tax revenue than projected.

The Idaho Division of Financial Management issued the preliminary, incomplete revenue figures. The numbers will be complete and "official" on May 15.

In statement issued by his office, Idaho Gov. Butch Otter said, "For now it's clearer than ever that we are doing the right thing by remaining prudent and cautious in our approach to using taxpayers' money. I'm grateful that legislators recognized that and gave me the tools to balance the budget in fiscal 2010."

Otter said the Legislature deserves credit for working with his administration to ensure Idaho's state government lives within its taxpayers' means.