Budget Process Heats Up

Budget Process Heats Up​
 
The General Assembly is back as it begins the final phase of the 2021 legislative session.  Over the next two months bills will be passed and sent to the Governor for consideration and the FY2022 budget will be amended and passed.  Much of the expert budget testimony will be unveiled in the next two weeks, with the final budget numbers being debated and decided upon on May 10th.
 
The following are key dates for the May Estimating Conference:
 
Monday, April 26, 2021 – Cash Assistance and Medical Caseloads
 
9:00 A.M. Department of Human Services and Executive Office of Health and Human Services
 
Friday, April 30, 2021 – Economic Overview and Testimony
 
9:00 A.M. US and RI Economic Forecasts – IHS Markit James Bohnaker, Economist Michael Lynch, Economist Consensus Economic Forecast
 
10:30 A.M. Lottery Receipts - Department of Revenue, Division of Lottery Mark Furcolo, Director, Division of Lottery Accruals – Accounts and Controls Peter Keenan, State Controller
 
Monday May 3, 2021 – Tax Collections
 
1:00 P .M Department of Revenue, Division of Taxation Neena Savage, State Tax Administrator
 
Wednesday May 5, 2021 – Caseload Estimate
 
9:00 A.M. Caseload Estimating Conference
 
Thursday, May 6, 2021 – Testimony (if necessary)
 
9:00 A.M Tax Collections – Department of Revenue, Division of Taxation Neena Savage, State Tax Administrator
 
Monday, May 10, 2021 – Revenue Estimate 9:00 A.M. Revenue Estimating Conference