Views
1 year ago

REVENUE FORECAST AND BUDGET OUTLOOK

2lciZu5

CONSENSUS

CONSENSUS FORECAST FY 2016-17 Revenue • No shift, up or down, in growth trends for secondhalf of fiscal year • Important assumption is that April expectations for refunds and final payments are met - Estimated income tax payments made on the 2016 tax year provide little information on April outcomes • Added complexity from recent income tax changes - Withholding changes (0.1% more withheld) - Increases in Standard Deduction in 2016, 2017 12

CONSENSUS FORECAST 2017- 2019 Biennium • “Steady as she goes” – economic conditions driving forecast are similar to the last biennium forecast. • Forecasters maintained the cautious approach adopted with recent consensus forecast as a result of, what is now, a combined $2+ billion in tax law changes – - Since 2013, 105 substantive changes enacted - Includes base expansions (+) and rate reductions (-) 13

The Outlook for Indiana's State Budget, 2007-2009 - Purdue ...
FY 2012 State Budget Outlook - GIST: Grantmakers Income Security ...
The Budget and Economic Outlook: Fiscal Years ... - The Black Vault
Economic & Revenue Forecast Council
State Economic & Revenue Outlook - Funding Washington Schools
Market Forecast Nordex Outlook
revenue review
Brief9-Income-tax-revenue-and-economic-change-in-the-UK
2012-13 Budget Paper No. 3 - Economic and Fiscal Outlook
Forecasting Revenue for the Long Term
Budget and Fiscal Plan - Budget - Government of British Columbia
State Economic & Revenue Outlook Apr 2009 - ACEC of Washington
Iowa Department of Revenue FY06 Performance Report
Fixed Income Market Outlook (As of July 24).pdf
2008-2009 Canadian Accommodation Outlook ... - PKF Consulting
PROPOSED BUDGET