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4/21/2020 Media Advisory: Revenue & Caseload Estimating Conference scheduled
STATE HOUSE — The Revenue & Caseload Estimating Conference is scheduled to take place Friday, April 24 through Friday, May 8. Due to the restrictions on public gatherings imposed because of the COVID-19 pandemic, in-person attendance by the public will not be permitted. The meetings will be televised live on Capitol Television, which can be seen on Cox on Channels 15 and 61, in high definition on Cox Channel 1013, on Full Channel on Channel 15 and on Channel 34 by Verizon subscribers. They will also be live streamed at www.rilegislature.gov/CapTV.

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 Thomas A. Mullaney, who is serving as chairman of the spring conference; House Fiscal Advisor Sharon Reynolds Ferland; and Senate Fiscal Advisor Stephen H. Whitney.

The meeting schedule of the spring estimating conference is:

Friday, April 24        Testimony
9 a.m.              Cash assistance caseloads —
Department of Human Services


10 a.m.            Medical Caseloads —
Executive Office of Health and Human Services

 
Wednesday, April 29  Economic Overview and Testimony
9 a.m.               U.S. and R.I. economic forecasts —
IHS Markit economist Michael Lynch
 
R.I. Labor Market Conditions —
Department of Labor and Training Labor Market Information Unit
Assistant Director Donna Murray
 
          Consensus Economic Forecast
 
10:30 a.m.      Unclaimed Property — Office of the General Treasurer
Historic Structures Tax Credits — Historical Preservation and Heritage Commission
Motion Picture Production Tax Credits — R.I. Film and Television Office
Commerce Corporation Tax Credits, Commerce Corporation
Lottery Receipts —Department of Revenue, Division of Lottery
 
Friday, May 1            Follow-up testimony


9 a.m.              Cash assistance and medical caseloads —
Department of Human Services and Executive Office of Health and Human Services


Monday, May 4         Testimony
2:30 p.m.        Tax Collections — Department of Revenue, Division of Taxation
                        State Tax Administrator Neena Savage
                        Accruals — Accounts and Controls, State Controller Peter Keenan
                                                                                                               
 
Tuesday, May 5         Caseload Estimate
9 a.m.              Caseload Estimating Conference
 
Wednesday, May 6   Follow-up Testimony (if necessary)
11 a.m.            Tax Collections — Department of Revenue, Division of Taxation
                        State Tax Administrator Neena Savage
                       
Friday, May 8            Revenue Estimate
9 a.m.             Revenue Estimating Conference
Meeting Materials will be made available on the General Assembly website at http://www.rilegislature.gov/Pages/2020CCREC.aspx.
 
 


For more information, contact:
Larry Berman, Communications Director for the Office of the Speaker
State House Room 331A
Providence, RI 02903
(401) 222-2466