05.07.2018
On May 7 2018 Jeffrey Carr of EPR presented the updated consensus revenue analysis of expected fiscal year 2018 General Fund receipts before the Vermont Emergency Board. Click the PDF below to download a copy of the Economists’ May 7 2018 Consensus Revenue Analysis Letter.
The consensus was that General Fund receipts for fiscal year 2018 would likely not be less than $44.2 million above the fiscal year 2018 consensus revenue forecast approved by the Vermont Emergency Board on January 18 2018. The updated revenue analysis for the General Fund for fiscal year 2018 did not include any analysis of likely General Fund revenue receipts for fiscal year 2019 or fiscal year 2020. An updated consensus revenue forecast for fiscal years 2019 through 2021 for the General Fund and for the Transportation Fund and Education Fund will be presented at the next meeting of the Vermont Emergency Board to be convened around mid-to-late July of calendar year 2018.