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10/21/2022
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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 Wednesday, October 26 through Thursday, November 10.
Twice yearly, in the spring and the fall, the conference principals (the State Budget Officer, Senate Fiscal Advisor and House 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:
Wednesday, October 26 - Testimony
9 a.m. Cash Assistance Caseload
Department of Human Services
1 p.m. 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, October 31 - Economic Overview and Testimony
9 a.m. U.S. and R.I. economic forecasts — IHS Markit
Michael Lynch, Economist
RI Labor Market Conditions – Department of Labor and Training
Donna Murray, Assistant 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 – RI Commerce Corporation
Hilary Fagan, President, Commerce Corporation
2 p.m. Caseload Follow-up testimony (if necessary)*
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
Friday, November 4 – Caseload Estimating Conference and Revenue Testimony
9 a.m. Caseload Estimating Conference
2 p.m. Tax Collections – Department of Revenue, Division of Taxation
Neena Savage, State Tax Administrator
Accruals – Office of Accounts and Controls
Dorothy Pascale, State Controller
Monday, November 7 – Testimony (if necessary)*
2 p.m. Tax Collections – Department of Revenue, Division of Taxation
Neena Savage, State Tax Administrator
Thursday, November 10 – Revenue Estimate
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:
Andrew Caruolo, Publicist
State House Room 20
Providence, RI 02903
(401)222-6124
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