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10/22/2024 MEDIA ADVISORY: Revenue & Caseload Estimating Conference scheduled
STATE HOUSE — The Revenue & Caseload Estimating Conference is scheduled to take place Friday, Oct. 25 through Friday, Nov. 8.

Twice yearly, in the fall and the spring, the conference principals (the State Budget Officer, House Fiscal Advisor and Senate Fiscal Advisor) must reach a consensus on what the state general revenues and caseload expenses are estimated to be for the current fiscal year and the budget year. The General Assembly and the State Budget Office use these projections to prepare the budget. The principals include State Budget Officer Joseph Codega Jr., House Fiscal Advisor Sharon Reynolds Ferland and Senate Fiscal Advisor Stephen Whitney.

The meeting schedule of the fall estimating conference is:

Friday, Oct. 25 Testimony
9 a.m.             Cash Assistance Caseload
                       Department of Human Services
 
                       Medical Caseload
                       Executive Office of Health and Human Services
 
1 p.m.             Services for Private Community Developmentally Disabled Caseload
                       Department of Behavioral Healthcare, Developmental Disabilities and Hospitals
 
Monday, Oct. 28 - Economic Overview and Testimony
9 a.m.             U.S. and R.I. Economic Forecasts - Moody’s Analytics
                       Emily Mandel, Senior Economist
 
                       RI Labor Market Conditions – Department of Labor and Training
                       Lisa Dutilly, Chief of Research and Statistics, Labor Market Information Unit
 
                       Consensus Economic Forecast
 
10:30 a.m.      Lottery Receipts —Department of Revenue, Division of Lottery
                       Mark Furcolo, Director, Division of Lottery
 
                       Commerce Corporation Tax Credits – RI Commerce Corporation
                       Jeff Miller, Executive Vice President of Investments, RI Commerce Corporation
 
Thursday, Oct. 31 – Testimony (if necessary)*
9 a.m.              Cash Assistance Caseload
                        Department of Human Services
 
                        Services for Private Community Developmentally Disabled Caseload
                        Department of Behavioral Healthcare, Developmental Disabilities, and Hospitals
 
                        Medical Caseload
                        Executive Office of Health and Human Services
 
Monday, Nov. 4 – Testimony
2 p.m.              Tax Collections – Department of Revenue, Division of Taxation
                        Neena Savage, State Tax Administrator
                       
                        Accruals – Accounts and Controls
                        Dorothy Pascale, State Controller                 
 
Wednesday, Nov. 6 – Caseload Estimate and Testimony (if necessary)*
9 a.m.              Caseload Estimating Conference
 
2 p.m.              Tax Collections – Department of Revenue, Division of Taxation (if necessary)               
                        Neena Savage, State Tax Administrator
 
Friday, Nov. 8 – Revenue Estimate Conference
9 a.m.               Revenue Estimating Conference

The meetings will be televised on Capitol Television, which can be seen on Cox on Channels 15 and 61, on i3Broadband on Channel 15 and on Channel 34 by Verizon subscribers. They will also be live streamed at capitoltvri.cablecast.tv.  Meeting Materials will be available at https://www.rilegislature.gov/Special/rcc/Pages/rcec.aspx.



For more information, contact:
Larry Berman, Communications Director for the Office of the Speaker
State House Room 322
Providence, RI 02903
(401) 222-2466