Board of Revenue Estimates to Vote on Revised FY 21 Projections, New FY 22 Forecast

The Board of Revenue Estimates will hold a virtual meeting Tuesday afternoon to vote on the revised general fund revenue estimates for fiscal years 2021 and 2022.

The forecasts for the current fiscal year and the one that begins in July 2021 will provide budget writers and policymakers with the latest revenue projections and economic trends largely driven by the COVID-19 pandemic.

The three-member panel, which includes Comptroller Peter Franchot, State Treasurer Nancy Kopp, and Secretary of Budget and Management David Brinkley, is responsible for estimating state revenues to assist with managing the State’s budget.

The virtual meeting is scheduled for Tuesday, September 29, 2020, at 2:00 pm and will be streamed live on the Comptroller’s Facebook page.

Stay tuned to Conduit Street for more information.

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Previous Conduit Street Coverage: State Revenues Exceed Expectations, But Economic Uncertainty Looms

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