by Geoff Dornan

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December 7, 2013
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Revenue projections spot-on

Members of the state’s Economic Forum were told Friday that the revenue projections they made in May are basically spot-on with actual collections so far this biennium. The forum is a five-member panel of financial and business experts whose job it is to take the politics out of revenue projections used to build the state budget. The panel projected $3.08 billion in general fund revenues for fiscal 2013. Collections finished the year at $3.13 billion — a difference of just 1.46 percent, or $45.8 million more than projected for the year. “On average, I think the forum did pretty good,” …

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The Record Courier Updated Dec 10, 2013 03:24PM Published Dec 9, 2013 02:46PM Copyright 2013 The Record Courier. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.