Gov. Little highlights plan for schooling investments, tax reduction in 2022 State of the State and Price range Deal with

Boise, Idaho – Throughout his State of the State and Price range Deal with at present, Governor Brad Little mirrored on the power of Idaho’s economic system and state finances earlier than detailing his LEADING IDAHO plan to place extra money again within the pockets of Idahoans and make strategic investments in schooling and different areas to propel Idaho even additional forward.

“Idaho’s success isn’t any accident,” Governor Little mentioned. “Whereas different states liquidated their rainy-day funds and begged politicians in Washington, D.C., for a bailout, collectively we rolled up our sleeves, made powerful choices, and led Idaho.”

Highlights of Governor Little’s State of the State and Price range Deal with and LEADING IDAHO plan embody:

  • FISCAL DISCIPLINE – A red-hot economic system mixed with years of fiscal conservatism have positioned Idaho for one more document finances surplus. Idaho’s surplus is the very best it’s ever been – $1.9 billion and counting – which represents 40-percent of the Common Fund. Governor Little proposes paying off state constructing debt, clearing out one-third of backlogged repairs in infrastructure, and bringing rainy-day funds to a document degree.
  • EDUCATION – Governor Little proposes making the most important funding ever in Idaho schooling – greater than $1.1 billion over the following 5 years. Key areas embody literacy, instructor pay and advantages, and the brand new EMPOWERING PARENTS grants to maintain households answerable for their youngsters’s schooling.
  • TAX RELIEF – In Governor Little’s first time period, we’ve got given again $1 billion in tax reduction to the individuals of Idaho, and now Governor Little proposes greater than $1 billion extra in tax reduction to working households over the following 5 years. It’s particularly necessary to deploy tax reduction instantly to ease the burden of residing with historic inflation below Biden’s watch. Governor Little additionally proposes locking in tax cuts for Idaho small companies.
  • TRANSPORTATION – Governor Little championed historic investments in transportation infrastructure final yr with out elevating taxes or charges. This yr, he’s proposing continued investments in roads and bridges to maintain up with development, preserve Idahoans protected, facilitate commerce, and save Idahoans time on the highway. The plan contains $200 million in one-time funding for native bridges and $200 million in ongoing funding to completely fund identified upkeep gaps with no new taxes.
  • PUBLIC SAFETY – Entry to our nation on the U.S.-Mexico border is being managed by Mexico drug cartels. The Biden Administration’s inaction is contributing to a rising drug menace in Idaho. Governor Little will roll out “OPERATION ESTO PERPETUA” within the coming weeks, a step that can deliver collectively legislation enforcement and households in new methods to battle the inflow of killer medicine reminiscent of fentanyl into our state.
  • BEHAVIORAL HEALTH – Governor Little’s plan accelerates implementation of suggestions from the three-branch Behavioral Well being Council. His plan places $50 million to boost entry to behavioral well being assets for Idahoans of all ages to enhance lives and make our communities safer.
  • ELECTION INTEGRITY – To raise Idahoans’ belief of their elections, improve transparency, and provides residents confidence their vote issues, Governor Little proposes the brand new Cyber Response and Protection Fund and proactive integrity audits.

An in depth abstract of the Governor’s finances highlights, together with investments in schooling, public security, transportation, broadband, agriculture and pure assets, water amount and high quality, fireplace, out of doors recreation, power, healthcare capability, veterans properties, and different areas is accessible right here: https://gov.idaho.gov/wp-content/uploads/2022/01/fy23-budget-highlights_jan2022.pdf

The total textual content of the Governor’s 2022 State of the State and Price range Deal with is accessible right here: https://gov.idaho.gov/wp-content/uploads/2022/01/2022-sots.pdf

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