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Revenue forecasting processes in New England

Author

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  • Yael Shavit

Abstract

State governments creating their budgets are concerned about available revenues. The basis of a successful budget is a sound revenue forecast. How states arrive at this forecast is both a science and an art and the approach differs markedly among states. This policy brief responds to the dearth of readily accessible information about states? revenue forecasting processes by describing, comparing, and contrasting the revenue forecasting processes of the New England states.

Suggested Citation

  • Yael Shavit, 2009. "Revenue forecasting processes in New England," New England Public Policy Center Policy Brief, Federal Reserve Bank of Boston.
  • Handle: RePEc:fip:fedbbr:y:2009:n:09-4
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    File URL: http://www.bostonfed.org/economic/neppc/briefs/2009/briefs904.pdf
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    File URL: http://www.bostonfed.org/economic/neppc/briefs/2009/pb094.htm
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