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10/22/2024
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MEDIA ADVISORY: Revenue & Caseload Estimating Conference scheduled
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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
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