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4/22/2024
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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, April 26 through Friday, May 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 spring estimating conference is:
Friday, April 26 – Caseload Testimony
9 a.m. Cash Assistance Caseload
Department of Human Services
Private Community Developmental Disabilities Services Caseload
Department of Behavioral Healthcare, Developmental Disabilities and Hospitals
1 p.m. Medical Caseload
Executive Office of Health and Human Services
Monday, April 29 - Economic Overview and Testimony
9 a.m. U.S. and R.I. Economic Forecasts — S&P Global Market Intelligence
Michael Lynch and Juan Turcios, 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
Jeff Miller, Executive Vice President of Investments, RI Commerce Corporation
Wednesday, May 1 – Caseload Follow up Testimony (if necessary)*
1 p.m. Cash Assistance Caseload
Department of Human Services
Private Community Developmental Disabilities Services Caseload
Department of Behavioral Healthcare, Developmental Disabilities, and Hospitals
Medical Caseload
Executive Office of Health and Human Services
Monday, May 6 – Caseload Estimating Conference
9:30 a.m. Caseload Estimating Conference
Monday, May 6 – Revenue Testimony
2 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
Wednesday, May 8 – Follow up testimony (if necessary)*
1 p.m. Tax Collections – Department of Revenue, Division of Taxation
Neena Savage, State Tax Administrator
Friday, May 10 – 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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