Idaho’s budget increased cumulatively more than pop+inf in state funds and all funds from 2014-23, meaning taxes are higher than the average taxpayer can afford.

  • The 2023 state funds budget is $3.6 billion higher than it would have been had spending grown at the rate of population growth plus inflation over the past decade.
  • Because the state funds budget grew faster than population growth plus inflation for the last ten years, the state spent and taxed $8.7 billion too much.
  • The 2023 all funds budget is $6.2 billion higher than it would have been had spending grown at the rate of population growth plus inflation over the past decade.
  • Because the all funds budget grew faster than population growth plus inflation over the past decade, the state spent and taxed $17.5 billion too much.

State Funds Budget Data

  • Estimated FY 2024 Only State Funds Budget ($ Billions): $9.87
  • FY 2025 Only State Funds Budget Limit ($ Billions): $10.60
  • FY 2025 Only State Funds Budget Limit Growth ($ Billions): 7.40%
  • Cost per person of state funds budgeting more than pop+inf over the last decade in 2023 budget: $1,815
  • Cost per family of 4 of budgeting more than pop+inf over the last decade in 2023 budget: $7,261
  • Cumulative cost per person of state funds budgeting more than pop+inf over the last decade from 2014-23: $4,451
  • Cumulative cost per family of 4 of state funds budgeting more than pop+inf over the last decade from 2014-23: $17,805

State All Funds Budget Data

  • Estimated FY 2024 All Funds Budget ($ Billions): $16.44
  • FY 2025 All Funds Budget Limit ($ Billions): $17.66
  • FY 2025 All Funds Budget Limit Growth ($ Billions): 7.40%
  • Cost per person of all funds budgeting more than pop+inf over the last decade in 2023 budget: 3,176
  • Cost per family of 4 of all funds budgeting more than pop+inf over the last decade in 2023 budget: 12,705
  • Cumulative cost per person of all funds budgeting more than pop+inf over the last decade from 2014-23: 8,907
  • Cumulative cost per family of 4 of all funds budgeting more than pop+inf over the last decade from 2014-23: 35,629

Other Considerations