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<p class="paragraph" style="background:white"><span style="font-family:"Segoe UI",sans-serif;color:black;background:white"><img width="624" height="147" style="width:6.5in;height:1.5347in" id="_x0000_i1025" src="cid:image001.png@01D86479.7F326860" alt="Graphical user interface, text
Description automatically generated"></span><span style="font-family:"Segoe UI",sans-serif"><o:p></o:p></span></p>
<p class="paragraph" style="background:white"><span class="eop"><span style="font-family:"Segoe UI",sans-serif;color:black"> </span></span><span style="font-family:"Segoe UI",sans-serif"><o:p></o:p></span></p>
<p class="paragraph" style="background:white"><span style="font-family:"Segoe UI",sans-serif;color:black">FOR IMMEDIATE RELEASE<span class="eop"> </span></span><span style="font-family:"Segoe UI",sans-serif"><o:p></o:p></span></p>
<p class="paragraph" style="background:white"><span class="normaltextrun"><span style="font-family:"Segoe UI",sans-serif;color:black">May 10, 2022</span><span style="color:black"><o:p></o:p></span></span></p>
<p class="paragraph" style="background:white"><span class="normaltextrun"><span style="font-family:"Segoe UI",sans-serif;color:black"><o:p> </o:p></span></span></p>
<p class="paragraph" align="center" style="text-align:center;background:white"><span class="normaltextrun"><b><u><span style="font-size:24.0pt;font-family:"Segoe UI",sans-serif;color:black">Idaho’s red-hot economy sets new record, more tax cuts to come<o:p></o:p></span></u></b></span></p>
<p class="MsoNoSpacing"><o:p> </o:p></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif">Boise, Idaho - Governor Brad Little commented today on the news that monthly tax revenues exceeded $1 billion for the first time in state history for April, paving the way for more tax
cuts and proving conservative principles of governing bring prosperity and strength to Idaho.
<o:p></o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif">April tax revenues came in at more than $<span style="color:black;background:white">1.2</span> billion, exceeding forecast by $574 million and putting the state on track to achieve a projected
$1.3 billion surplus for the current fiscal year ending June 30, 2022. Governor Little is already planning for more tax cuts.
<o:p></o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNoSpacing" style="margin-left:.5in"><b><i><span style="font-family:"Segoe UI",sans-serif">“Idaho’s record-setting economy is no accident. The continued strength of Idaho businesses and the health of our state budget prove our conservative approach
to governing works. Idaho is the most conservative state in the nation – we back the blue, empower parents, cut taxes, slash red tape, and rein in government spending continually, without exception. To Idahoans, I tell you this – we have achieved historic
tax cuts for you in the past few years, and we are not done yet. Our conservative principles mean more tax cuts are coming. You will be getting more of your hard-earned dollars back in your pockets and bank accounts. I’m so proud of our robust and resilient
private sector and responsible approach to state budgeting,” </span></i></b><i><span style="font-family:"Segoe UI",sans-serif">Governor Little said.<b><o:p></o:p></b></span></i></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif">The April tax revenues report from the Division of Financial Management can be found here:
</span><a href="https://dfm.idaho.gov/wp-content/uploads/publications/eab/gfrr/gfrr2022/gfrr_may2022.pdf">https://dfm.idaho.gov/wp-content/uploads/publications/eab/gfrr/gfrr2022/gfrr_may2022.pdf</a><span style="font-family:"Segoe UI",sans-serif"><o:p></o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNoSpacing" align="center" style="text-align:center"><span style="font-family:"Segoe UI",sans-serif"># # #</span><o:p></o:p></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif"> </span><o:p></o:p></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif">NEWS MEDIA CONTACT: Emily Callihan, Communications Director</span><o:p></o:p></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif">208-334-2100 or
</span><a href="mailto:Emily.Callihan@gov.idaho.gov"><span style="font-family:"Segoe UI",sans-serif">Emily.Callihan@gov.idaho.gov</span></a><o:p></o:p></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif"> </span><o:p></o:p></p>
<p class="paragraph" style="background:white"><span class="normaltextrun"><span style="font-family:"Segoe UI",sans-serif;color:black">-- </span></span><span class="eop"><span style="font-family:"Segoe UI",sans-serif;color:black"> </span></span><o:p></o:p></p>
<p class="paragraph" style="background:white"><span style="color:black"><a href="https://visitor.r20.constantcontact.com/manage/optin?v=001jPcDrZTUF2iffZAaFR5CaCO9D9OTNmcIrS9m2JnRBQLxSmCCDvAfzkhQC6WRNcW4O6931CUyPvAzTSP21AiJ4rioUvabaHbWJxzuwF2hEYM%3D#_blank" target="_blank"><span class="normaltextrun"><i><span style="font-family:"Segoe UI",sans-serif;color:#0563C1;text-decoration:none">Sign
up to receive news from Governor Little</span></i></span></a></span><span class="normaltextrun"><span style="font-family:"Segoe UI",sans-serif;color:black"> </span></span><span class="eop"><span style="font-family:"Segoe UI",sans-serif;color:black"> </span></span><o:p></o:p></p>
<p class="paragraph" style="background:white"><span class="normaltextrun"><i><span style="font-family:"Segoe UI",sans-serif;color:black">Reply to this e-mail to unsubscribe</span></i></span><span class="eop"><span style="font-family:"Segoe UI",sans-serif;color:black"> </span></span><o:p></o:p></p>
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