The Economics staff forecasts state General Fund and cash fund revenue quarterly. These revenue forecasts are used to develop the state budget, to monitor state spending in relation

 to revenue,and to determine and report the amount of excess state revenue under

Referendum C. The quarterly forecasts include projections for the national and state economies. The Economics staff also prepares several annual forecasts that are used to prepare budget requests for various state programs. These annual forecasts include:

• the prison and parole population for adults and juveniles;
• assessed property values for school districts;
• kindergarten through twelfth grade public school enrollment; and
• higher education enrollment.

The staff also works on a number of other issues for the General Assembly. Between forecasts, a periodic  Economic Chronicle summarizes the current performance of the national, state, and regional economies. In addition, the staff prepares  fiscal notes and  research memoranda on tax policy issues before the legislature. Finally, the staff provides administrative and technical support for the House and Senate Finance committees.

Forecasts by Calendar Year

• 2009 and 2008
• 2007 and 2006
• 2005 and 2004
• 2003 and 2002
• 2001 and 2000

NEWS

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