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ARTICLE · 16 NOVEMBER 2021

Government Relations Update – 10.15.21

The Revenue Estimating Conference ("REC"), comprised of a three-member panel (Kraig Paulsen, Holly Lyons, and David Underwood) met this morning (10/15/21)...

United StatesGovernment, Public Sector

REC SUMMARY

The Revenue Estimating Conference ("REC"), comprised of a three-member panel (Kraig Paulsen, Holly Lyons, and David Underwood) met this morning (10/15/21) as part of their standard schedule of meetings to estimate future state revenues. A summary of the information discussed during the meeting is below, along with the attached spreadsheet distributed before the meeting, which contains more detailed revenue information. You can view a recording of the full meeting here.

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Important to Note: Today's REC number is purely an estimate. Recall, Governor Reynolds uses the December estimate to prepare her budget. The Legislature is required to use the lower of the December and March estimates for its fiscal year ("FY") 2023 budgeting.

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