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10/16/2023 MEDIA ADVISORY: Revenue & Caseload Estimating Conference scheduled
STATE HOUSE — The Revenue & Caseload Estimating Conference is scheduled to take place Friday, October 27 through Friday, November 10.

Twice yearly, in the spring and the fall, 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, October 27 Caseload Testimony
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


1 p.m.              Medical Caseload
                        Executive Office of Health and Human Services

Wednesday, November 1 - Economic Overview and Testimony

9 a.m.            U.S. and R.I. Economic Forecasts — S&P Global Market Intelligence
                      Michael Lynch and Michael Konidaris, Economists

                      RI Labor Market Conditions – Department of Labor and Training
                      Donna Murray, Assistance Director, 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 – Commerce Corporation
                      Bill Ash, Interim President and COO, RI Commerce Corporation

Thursday, November 2 – Caseload Follow up Testimony (if necessary)*

1 p.m.              Cash Assistance Caseload
                        Department of Human Services
                       
                        Services for the Private Community Developmentally Disabled Caseload
                        Department of Behavioral Healthcare, Developmental Disabilities, and Hospitals
                       
                        Medical Caseload
                        Executive Office of Health and Human Services

Monday, November 6 – Revenue Testimony

1 p.m.             Tax Collections – Department of Revenue, Division of Taxation
                        Neena Savage, State Tax Administrator

                        Accruals – Department of Administration, Office of Accounts and Controls
                        Dorothy Pascale, State Controller

Tuesday, November 7 – Caseload Estimating Conference

9:30 a.m.         Caseload Estimating Conference

Wednesday, November 8 – Follow up testimony (if necessary)*

2 p.m.             Tax Collections – Department of Revenue, Division of Taxation
                        Neena Savage, State Tax Administrator

Friday, November 10 – Revenue Estimate Conference

9 a.m.              Revenue Estimating Conference

The meetings will be televised live 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 www.rilegislature.gov/CapTV.

Meeting Materials will be made available on the General Assembly website 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