Consensus Revenue Estimating Group
To assist lawmakers in this process the consensus.
Consensus revenue estimating group. Governor mark gordon members 65th legislature from. Consensus revenue estimating group june 2020 special session revenue update governor michelle lujan grisham has called a special legislative session for june 18 2020 to address the ongoing effects of the novel coronavirus that causes covid 19. Consensus revenue estimating group. This meeting was preceded by the minerals valuation subgroup meeting on september 30 2020.
You ll be provided with yalla overall consensus. Consensus revenue estimating group creg a brief description of creg current creg forecast pdf october 2020 creg forecast for fy2021 fy2026. Consensus revenue estimating group date. July 29 2020 to.
Our yalla group ltd consensus estimates page is based on consensus analyst forecast covering public companies earnings per share and revenue. Link to legislative service office fiscal profile. A similar revenue update is issued in july of each year. States need significantly more fiscal relief to slow the emerging deep recession.
July 2020 revenue update purpose of update the revenue pacing update and the accompanying table taken in combination with. Kevin hibbard co chairman don richards co chairman subject. The tool used by both the governor and the legislature to determine state general fund revenue is the consensus revenue estimate prepared by the consensus revenue estimating group. The consensus revenue estimating group creg met on october 14 2020.
The attached report resulting from those meetings provides the revenue forecasts for fiscal years fy 2021 through. Consensus revenue estimate december 2016 2 the us and nm economic forecast. The consensus revenue estimating group creg comprising the legislative finance committee lfc department of finance and administration dfa taxation and revenue department trd and department of transportation dot reached consensus on the revenue estimates presented in this brief. Previous creg forecast pdf.
State budget and tax. Lfc trd and dot rely on new mexico forecasts produced by unm s bureau of business and economic research bber. The january 14 2016 creg report remains the official fiscal forecast and is used. The consensus revenue estimating group uses two different forecasting services in developing the economic assumptions on which the forecast is based.
States continue to face large shortfalls due to covid 19 effects.