Woonsocket Radio News Room

 

Revenue & Caseload Estimating Conference scheduled

 

STATE HOUSE — The Revenue & Caseload Estimating Conference is scheduled to take place Wednesday, October 27 through Wednesday, November 10. 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 Joseph Codega, Jr.; House Fiscal Advisor Sharon Reynolds Ferland; and Senate Fiscal Advisor Stephen Whitney.

The meeting schedule of the spring estimating conference is:

 

Wednesday, October 27 - 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

 

Friday, October 29 - 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 – Commerce Corporation

                        Jesse Saglio, President, Commerce Corporation

 

Tuesday, November 2 – Follow up Testimony (if necessary)

9 a.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

 

Friday, November 5 – Caseload Estimates 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 – Accounts and Controls

                        Dorothy Pascale, State Controller

 

Tuesday, November 9 – Testimony (if necessary)  

9 a.m.              Tax Collections — Department of Revenue, Division of Taxation

                       Neena Savage, State Tax Administrator

                       

Wednesday, November 10 - Revenue Estimate

9 a.m.             Revenue Estimating Conference

Meeting Materials will be made available on the General Assembly website at https://www.rilegislature.gov/Special/rcc/Pages/RCC-Nov2021.aspx or http://omb.ri.gov/rec/.

 

 

 

 

 

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