The November 2007 Revenue Estimating Conference projects a current-year revenue shortfall of $113.4 million when compared to the enacted budget and $166.4 million lower revenues in FY 2009 when compared to FY 2008 revised estimates. Coupled with increased state costs for cash and medical assistance programs, out-year budget deficits are projected to be greater than …

November 2007 Revenue and Caseload Estimating Conference Read More »