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<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif"><img width="624" height="147" style="width:6.5in;height:1.5312in" id="_x0000_i1025" src="cid:image001.png@01D8F2A4.F959A630" 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="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">FOR IMMEDIATE RELEASE<o:p></o:p></span></p>
<p class="MsoNoSpacing"><span style="font-family:"Segoe UI",sans-serif">November 7, 2022<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"><b><u><span style="font-size:24.0pt;font-family:"Segoe UI",sans-serif">Idaho economy blows past projections for October<o:p></o:p></span></u></b></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">Boise, Idaho – Governor Brad Little commented today on state revenues for the month of October coming in $48 million ahead of projections, bringing the state budget nearly even with the
forecast for the current budget year.<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 powerful economy and enduring budget stability are proof that fiscal conservatism leads to prosperity and opportunity for the people we serve. In
Idaho, we approach government like any responsible family would approach their household budget – we live within our means, save for a rainy day, pay off debt, give money back, and make investments where they count.
<o:p></o:p></span></i></b></p>
<p class="MsoNoSpacing" style="margin-left:.5in"><b><i><span style="font-family:"Segoe UI",sans-serif"><o:p> </o:p></span></i></b></p>
<p class="MsoNoSpacing" style="margin-left:.5in"><b><i><span style="font-family:"Segoe UI",sans-serif">“Year after year, we have provided record tax relief and added investments in education, roads, and other key infrastructure to keep up with growth and maintain
the highest quality of life. I want to thank the people and businesses of Idaho for their confidence in and love of our great state,”
</span></i></b><span style="font-family:"Segoe UI",sans-serif">Governor Little said.<o:p></o:p></span></p>
<p class="MsoNoSpacing" style="margin-left:.5in"><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 positive news about the state revenue figures comes after
</span><a href="https://gov.idaho.gov/pressrelease/more-top-rankings-pile-in-for-idaho/"><span style="font-family:"Segoe UI",sans-serif">Idaho raked in numerous top spots in national rankings</span></a><span style="font-family:"Segoe UI",sans-serif"> for economic
strength and financial stability. <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">The Idaho General Fund Revenue Report for October can be found here:
<a href="https://dfm.idaho.gov/wp-content/uploads/publications/eab/gfrr/gfrr2023/gfrr_nov2022.pdf">
https://dfm.idaho.gov/wp-content/uploads/publications/eab/gfrr/gfrr2023/gfrr_nov2022.pdf</a>
<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"># # #<o:p></o:p></span></p>
<p class="MsoNoSpacing" align="center" style="text-align:center"><span style="font-size:9.0pt;font-family:"Segoe UI",sans-serif"> <o:p></o:p></span></p>
<p class="MsoNoSpacing"><i><span style="font-size:9.0pt;font-family:"Segoe UI",sans-serif">Please DO NOT REPLY to this message. For press inquiries only, contact the Governor’s press office at (208) 854-3015 or e-mail
</span></i><a href="mailto:Madison.Hardy@gov.idaho.gov"><i><span style="font-size:9.0pt;font-family:"Segoe UI",sans-serif">Madison.Hardy@gov.idaho.gov</span></i></a><i><span style="font-size:9.0pt;font-family:"Segoe UI",sans-serif">.
</span></i><span style="font-size:9.0pt;font-family:"Segoe UI",sans-serif"><o:p></o:p></span></p>
<p class="MsoNoSpacing"><i><span style="font-size:9.0pt;font-family:"Segoe UI",sans-serif">To unsubscribe from these announcements, send an e-mail to
</span></i><a href="mailto:news@gov.idaho.gov"><i><span style="font-size:9.0pt;font-family:"Segoe UI",sans-serif">news@gov.idaho.gov</span></i></a><i><span style="font-size:9.0pt;font-family:"Segoe UI",sans-serif">.</span></i><o:p></o:p></p>
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