Revenue Forecasting Committee Maine

Stress testing maine general fund revenue reserves fy19 fy23.

Revenue forecasting committee maine. December 2014 report pdf full report march 2014 report pdf full report. The maine revenue forecasting committee today revised the state s general fund revenue forecast upward by 139 million including a projected additional 40 million for the current fiscal year which ends june 30 2020. Marc cyr principal analyst office of fiscal and program review. The state of maine continues to be on solid financial.

The nonpartisan revenue forecasting committee in july projected maine s general fund would have a 528 million shortfall in revenue. Commission chairman mike allen of maine revenue services says the higher estimates are being driven by an expectation of increased revenues from personal income taxes. Report of the maine state revenue forecasting committee december 2009 general fund revenue 0 0 500 0 1 000 0 1 500 0 2 000 0 2 500 0 3 000 0 3 500 0 fy04 fy05 fy06 fy07 fy08 fy09 fy10 fy11 fy12 fy13. Governor janet mills issued the following statement in response.

Maine revenue forecasting committee. Seasonal workers in maine brace for long winter amid coronavirus. December 2009 report with appendices a g 7 92 mb. The consensus economic forecasting committee their new forecast that they issued on february first is much more optimistic for 2018 and 2019 allen says.

James breece university of maine system. Revenue forecasting committee report may 2017 attachments updated 5 4 2017. Revenue forecasting committee members. Preliminary data from maine revenue services and maine department of labor.

Consensus economic forecasting commission report february 2018. Michael allen chair associate commissioner of tax policy. Revenue forecasting committee report december 2017. Consensus economic forecasting commission report november 2017.

Maine revenue services material 5 67 mb. There ll be no crowing this year at fryeburg fair s annual handsome rooster contest a poultry staple of maine s largest festival with participants submitting snapshots online as part of a week long virtual fair on. Before the report mills and the legislature had worked to. The forecast for 2020 was left unchanged and the forecast for 2021 was revised downward by 0 2 percentage points.

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