MEDIA ADVISORY: Revenue & Caseload Estimating Conference scheduled

STATE HOUSE — The Revenue & Caseload Estimating Conference is scheduled to take place Tuesday, Oct. 27 through Tuesday, Nov. 10.

Twice yearly, in the fall and the spring, the conference principals (the State Budget Officer, the House Fiscal Advisor and the 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:

Tuesday, Oct. 27 – 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, Oct. 28 - Economic Overview and Testimony
9 a.m.              U.S. and R.I. Economic Forecasts – Moody’s Analytics
 
                        RI Labor Market Conditions – Department of Labor and Training
 
                        Consensus Economic Forecast
 
10:30 a.m.       Commerce Corporation Tax Credits – RI Commerce Corporation
 
                        Lottery Receipts – Department of Revenue, Division of Lottery
                        Motion Picture Production Tax Credits – RI Film and Television Office
 
Friday, Oct. 30 – Caseload Follow up Testimony (if necessary)*
1 p.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
 
Wednesday, Nov. 4 – Caseload Estimate Conference / Revenue Testimony
9 a.m.              Caseload Estimating Conference
 
2 p.m.              Tax Collections – Department of Revenue, Division of Taxation
 
                        Accruals – Department of Administration, Office of Accounts and Control
 
Friday, Nov. 6 – Follow up Testimony (if necessary)*
9 a.m.              Tax Collections – Department of Revenue, Division of Taxation
                       
Tuesday, Nov. 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) 447-2655