Governors May Revise 2025 Bill. Revised on may 14, 2025. Reflects funding revenues have fallen an additional $4.15 billion since the january budget proposal.
In addition to the january reduction proposal, the may revision includes a new proposed $2.2 billion unallocated reduction. Normally, the purpose of finance letters is to amend the budget bill and the governor’s budget from that submitted on january 10 to reflect a revised plan of expenditure for the budget year.