WYOMING TAXPAYERS ASSOCIATION 2003 Annual Membership Luncheon
|
|
- Daniela Webster
- 5 years ago
- Views:
Transcription
1 WYOMING TAXPAYERS ASSOCIATION 2003 Annual Membership Luncheon Wyoming State Government Revenue Forecast Highlights Presented by: Buck McVeigh Administrator Economic Analysis Division Wyoming State Government Wednesday, October 22, 2003 Economic Analysis Division Wyoming State Government Copyright
2 Consensus Revenue Estimating Group (CREG) Official, non-partisan, revenue estimating body for all revenues of Wyoming State Government. Provides to both the Governor and the Legislature a single consensus estimate of revenues. Meets twice a year (October & January). Publications consist of the October and January forecasts (the green CREG and the Governor s Profile reports), the monthly report, and the monthly news release. Economic Analysis Division Wyoming State Government Copyright
3 The CREG Revenue Forecast The green CREG and the Governor s Profile. Neither provide other fund balances such as Budget Reserve Account, School Foundation. Both reports present only revenue side of the picture. The surplus money not evident in General Fund totals (because of de-earmarking). The goldenrod report is a Legislative Service Office product and provides a point-in-time estimate of the State s fiscal status. Economic Analysis Division Wyoming State Government Copyright
4 The Budget Surplus GF/BRA Carryover at end of FY03/04: $ 540.7M GF/BRA Revenue estimates FY05/06: Revenue available for appropriation this session: Less FY05-06 Standard Budget request: (This is not the Governor s total budget recommendation) Balance remaining after Standard Budget: Add other monies from Federal Jobs & Growth Tax Relief Reconciliation Act of 2003 & excess SFP 1,797.5M $2,338.2M 1,464.0M $ 874.2M 184.6M Estimated budget surplus $ 1,058.8M Economic Analysis Division Wyoming State Government Copyright
5 Energy Multipliers Price Changes Coal [ $0.25 per ton price change ] $12.8 million revenue change. Natural Gas [ $0.10 per mcf change ] $16.0 million revenue change. Crude Oil [ $1.00 per bbl. change ] $5.4 million revenue change. Note: revenue sources include severance taxes, federal mineral royalties, and ad valorem taxes. Source: October 2003 CREG Forecast. Economic Analysis Division Wyoming State Government Copyright
6 Sustainable vs. One-time (De-earmarking) Sets a cap on FMRs and severance taxes Traditional distribution up to cap levels Over cap distribution divided into sustainable/one-time Sustainable Funds 1/3 of FMRs over $200M go to School Foundation 1/3 of Sev. Taxes over $155M go to General Fund One-time Funds 2/3s from both sources go to Budget Reserve Acct. inheritance taxes over $10M go to the Budget Reserve Account rather than General Fund. Economic Analysis Division Wyoming State Government Copyright
7 The Governor s Profile Report Produced by the Economic Analysis Division. Provides executive summaries of prior fiscal year and current forecast. Provides comparison of current forecast to previous forecast. The following information is derived from the Governor s Profile. Economic Analysis Division Wyoming State Government Copyright
8 FY 2003 Summary General Fund Revenue Sources Revenue FY03 Forecast Source Actual Total $ % Sales & Use Tax $300,953,910 $308,000,000 ($7,046,090) -2.3% PWMTF & Pooled $77,862,130 $95,000,000 ($17,137,870) -18.0% Severance Tax $149,549,109 $116,200,000 $33,349, % All Other $96,318,862 $86,200,000 $10,118, % Tota l $624,684,011 $605,400,000 $19,284, %
9 FY 2003 Mineral Income Severance Tax Distributions by Entity Re ce iving FY03 Fore ca s t Entity Actua l Tota l $ % General Fund $149,549,109 $116,200,000 $33,349, % PWMTF $104,690,345 $69,400,000 $35,290, % Budget Reserve $105,317,276 $39,300,000 $66,017, % All Other $69,569,492 $68,600,000 $969, % Tota l $429,126,222 $293,500,000 $135,626, % Federal Mineral Royalty Distributions by Entity Re ce iving FY03 Fore ca s t Entity Actua l Tota l $ % Schools $226,142,938 $186,200,000 $39,942, % Highways $66,472,500 $66,500,000 ($27,500) 0.0% Budget Reserve $135,076,695 $54,400,000 $80,676, % All Other $48,577,500 $48,700,000 ($122,500) -0.3% Tota l $476,269,633 $355,800,000 $120,469, %
10 FY04-06 Forecast Summary General Fund Revenues by Source [ October 2003 Projections vs. January 2003 Projections ] October 2003 CREG Projections Fiscal Sales & PWMTF Pooled Severance Chgs. - Sales Franchise All Year Use Tax Income Income Tax & Services Tax Other (2) Total 2004 $320,500,000 $66,400,000 $15,600,000 $157,300,000 $20,700,000 $18,400,000 $61,200,000 $660,100, $324,600,000 $69,700,000 $16,400,000 $146,600,000 $20,700,000 $18,400,000 $65,500,000 $661,900, $332,400,000 $73,200,000 $17,200,000 $146,500,000 $20,700,000 $18,400,000 $63,000,000 $671,400, $343,500,000 $76,900,000 $18,100,000 $149,700,000 $20,700,000 $18,400,000 $60,500,000 $687,800, $352,700,000 $80,700,000 $19,000,000 $152,800,000 $20,700,000 $18,400,000 $60,500,000 $704,800,000 October 2003 CREG vs. January 2003 CREG [ Dollar changes. ] $ per Sales & PWMTF Pooled Severance Chgs. - Sales Franchise All Fiscal Year Use Tax Income Income Tax & Services Tax Other Total 2004 ($500,000) ($33,600,000) ($4,400,000) $39,100,000 ($200,000) $1,300,000 $17,200,000 $18,900, ($9,600,000) ($50,300,000) ($7,600,000) $25,400,000 ($200,000) $1,300,000 $23,400,000 ($17,600,000) 2006 ($15,800,000) ($44,800,000) ($6,800,000) $23,100,000 ($200,000) $1,300,000 $22,800,000 ($20,400,000) ($25,900,000) ($128,700,000) ($18,800,000) $87,600,000 ($600,000) $3,900,000 $63,400,000 ($19,100,000)
11 $9 $8 $7 $6 $5 $4 $3 $2 $1 ($ per MCF) Natural Gas Prices - Monthly Averages Differential Opal Hub Henry Hub $0 S O N D J 02 F M A M J J A S O N D J 03 F M A M J J A Prepared by the Economic Analysis Division
12 Major Mineral Commodities - Price & Production Levels [ October 2003 Projections vs. January 2003 Projections ] Natural Gas - All Production Calendar Price Product ion (mcf) Year Oct Jan Oct Jan $4.20 $2.00 1,800,000,000 1,800,000, $3.50 $2.25 1,800,000,000 1,880,000, $3.25 $2.25 1,850,000,000 1,960,000, $3.25 $2.25 1,905,000,000 2,040,000, $3.25 $2.25 1,962,700,000 2,120,000, $3.25 $2.25 2,021,500,000 2,200,000,000 Oct Gas Prices & Production 2,500 2,000 1, , $5 $4 $3 $2 $1 $0 Total P rod CBM Prod Meth Price CBM Price
13 Major Mineral Commodities - Price & Production Levels [ October 2003 Projections vs. January 2003 Projections ] Coal - Surface Calendar Price Product ion (t ons) Year Oct Jan Oct Jan $6.80 $ ,800, ,000, $6.00 $ ,600, ,800, $6.03 $ ,400, ,600, $6.13 $ ,700, ,400, $6.27 $ ,100, ,300, $6.48 $ ,100, ,200,000 Oct Coal Prices & Production 410 $9 400 $8 390 $7 380 $ $5 Coal Prod Coal Price
14 Major Mineral Commodities - Price & Production Levels [ October 2003 Projections vs. January 2003 Projections ] Crude Oil Calendar Price Product ion (t ons) Year Oct Jan Oct Jan $25.75 $ ,500,000 51,200, $22.50 $ ,400,000 48,400, $20.50 $ ,400,000 45,700, $20.50 $ ,400,000 43,200, $20.50 $ ,500,000 40,800, $20.50 $ ,700,000 38,600,000 Oct Oil Prices & Production $28 $26 $24 $22 $20 $18 Oil P ro d Oil P ric e
15 Severance Tax Distributions by Receiving Entity [ October 2003 Projections vs. January 2003 Projections ] October 2003 CREG Projections Fiscal General Budget Water Highway Cities, Towns, All Year Fund PWMTF Reserve 1 & 2 Fund & Counties Other Total 2004 $157,300,000 $110,400,000 $121,600,000 $22,600,000 $6,700,000 $20,300,000 $19,600,000 $458,500, $146,600,000 $99,400,000 $100,300,000 $22,600,000 $6,700,000 $20,300,000 $19,900,000 $415,800, $146,500,000 $99,000,000 $100,000,000 $22,600,000 $6,700,000 $20,300,000 $20,200,000 $415,300, $149,700,000 $102,200,000 $106,300,000 $22,600,000 $6,700,000 $20,300,000 $20,600,000 $428,400, $152,800,000 $105,900,000 $112,600,000 $22,600,000 $6,700,000 $20,300,000 $20,900,000 $441,800,000 October 2003 CREG vs. January 2003 CREG [ Dollar changes. ] $ per General Budget Water Highway Cities, Towns, All Fiscal Year Fund PWMTF Reserve 1 & 2 Fund & Counties Other Total 2004 $39,100,000 $39,300,000 $78,100,000 $0 $0 $0 $200,000 $156,700, $25,400,000 $25,700,000 $50,900,000 $0 $0 $0 $200,000 $102,200, $23,100,000 $24,000,000 $46,200,000 $0 $0 $0 $200,000 $93,500, $87,600,000 $89,000,000 $175,200,000 $0 $0 $0 $600,000 $352,400,000
16 Federal Mineral Royalty Distributions by Entity [ October 2003 Projections vs. January 2003 Projections ] October 2003 CREG Projections Fiscal University Schools - Highway Fund & Cities & CTC & Spec. Budget All Year of Wyoming Fnd. & CapCon HF for Cnty. Rds. Towns Dist. CapCon Reserve Other Total 2004 $13,400,000 $210,400,000 $66,500,000 $18,600,000 $13,100,000 $156,300,000 $3,600,000 $481,900, $13,400,000 $198,000,000 $66,500,000 $18,600,000 $13,100,000 $132,000,000 $3,600,000 $445,200, $13,400,000 $188,800,000 $66,500,000 $18,600,000 $13,100,000 $131,900,000 $3,600,000 $435,900, $13,400,000 $163,700,000 $64,600,000 $18,600,000 $7,400,000 $139,300,000 $2,000,000 $409,000, $13,400,000 $168,000,000 $64,600,000 $18,600,000 $7,400,000 $148,000,000 $2,000,000 $422,000,000 October 2003 CREG vs. January 2003 CREG [ Dollar changes. ] $ per University Schools - Highway Fund & Cities & CTC & Spec. Budget All Fiscal Year of Wyoming Fnd. & CapCon HF for Cnty. Rds. Towns Dist. CapCon Reserve Other Total 2004 $0 $48,400,000 $0 $0 $0 $96,600,000 $0 $145,000, $0 $32,400,000 $0 $0 $0 $64,800,000 $0 $97,200, $0 $29,600,000 $0 $0 $0 $59,300,000 $0 $88,900, $0 $110,400,000 $0 $0 $0 $220,700,000 $0 $331,100,000
17 Assessed Valuations by Mineral [ October 2003 Projections vs. January 2003 Projections ] October 2003 CREG Projections Calendar Natural Crude Other Total Other Grand Year Gas Coal Oil Trona Minerals Minerals Property Total 2003 $4,883,800,000 $1,832,000,000 $1,253,900,000 $209,300,000 $56,800,000 $8,235,800,000 $4,951,600,000 $13,187,400, $4,069,800,000 $1,632,800,000 $1,051,800,000 $195,800,000 $58,100,000 $7,008,300,000 $5,199,200,000 $12,207,500, $3,884,100,000 $1,657,300,000 $958,300,000 $201,200,000 $59,100,000 $6,760,000,000 $5,459,200,000 $12,219,200, $3,999,700,000 $1,706,000,000 $996,300,000 $201,200,000 $61,500,000 $6,964,700,000 $5,732,200,000 $12,696,900, $4,120,700,000 $1,764,100,000 $1,036,200,000 $201,200,000 $63,500,000 $7,185,700,000 $6,018,800,000 $13,204,500, $4,244,200,000 $1,856,600,000 $1,097,100,000 $201,200,000 $63,800,000 $7,462,900,000 $6,319,700,000 $13,782,600,000 October 2003 CREG vs. January 2003 CREG [ Dollar changes. ] $ per Natural Crude Other Total Other Grand Calendar Year Gas Coal Oil Trona Minerals (2) Minerals Property Total 2003 $2,802,000,000 $261,100,000 $298,500,000 ($2,700,000) ($4,200,000) $3,354,700,000 $66,900,000 $3,421,600, $1,619,800,000 $27,200,000 $239,000,000 ($16,200,000) ($3,800,000) $1,866,000,000 $70,300,000 $1,936,300, $1,335,600,000 $16,600,000 $190,800,000 ($16,700,000) ($3,800,000) $1,522,500,000 $73,900,000 $1,596,400, $1,354,500,000 $27,000,000 $270,800,000 ($16,700,000) ($2,400,000) $1,633,200,000 $77,600,000 $1,710,800, $1,378,800,000 $46,000,000 $351,000,000 ($16,700,000) ($400,000) $1,758,700,000 $81,500,000 $1,840,200, $1,405,600,000 $98,900,000 $448,900,000 ($16,700,000) ($100,000) $1,936,600,000 $85,500,000 $2,022,100,000
18 "The danger is that people will forget that price spikes ever occurred until they occur again." Christopher Seiple, RDI Consulting in Boulder, Colo. Economic Analysis Division Wyoming State Government Copyright
19 How to find us Economic Analysis Division EAD Dept. of Administration & Information Wyoming State Government Economic Analysis Division Wyoming State Government Copyright
20 $800 $700 General Fund Revenue: FY FY 2008 (in millions of dollars) Other Investment Income Sales & Use Tax Severance Tax $600 $500 $400 $300 $200 $100 $ Wyoming Economic Analysis Division
21 $500 Mineral Severance Taxes: FY FY 2008 (in millions of dollars) $450 $400 $350 $300 $250 $200 $150 $100 $50 $ Other Coal Natural Gas Crude Oil Wyoming Economic Analysis Division
22 $500 Federal Mineral Royalties: FY FY 2008 (in millions of dollars) $450 $400 $350 $300 $250 $200 $150 $100 $50 $ Other Local Gov't & District LRI/BRA Highway Fund School Foundation Wyoming Economic Analysis Division
23 $500 Mineral Severance Tax Distribution: FY FY 2008 (in millions of dollars) $450 $400 $350 $300 $250 $200 $150 $100 $50 $ Other PWMTF Budget Reserve Acct General Fund Wyoming Economic Analysis Division
24 $15,000 $14,000 $13,000 $12,000 $11,000 $10,000 $9,000 $8,000 $7,000 $6,000 $5,000 $4,000 $3,000 $2,000 $1,000 Total Locally and State Assessed Valuation (in millions of dollars) Other* Coal Gas Oil $ * Other includes other minerals, real and personal property Wyoming Economic Analysis Division
Wenlin Liu, Senior Economist. Stateof Wyoming. Economic Analysis Division State of Wyoming 1
WYOMING DEMOGRAPHIC AND ECONOMIC TREND LCCC LIFE Program April 7, 2012 Cheyenne, Wyoming Wenlin Liu, Senior Economist Economic Analysis Division Stateof Wyoming Economic Analysis Division State of Wyoming
More informationPublic Land Management: Issues & Implications
Public Land Management: Issues & Implications John C. Ruple Wallace Stegner Center Fellow Associate Professor of Law (Research) S.J. Quinney College of Law, University of Utah National Conference of State
More informationOil and Gas in Alabama
Oil and Gas in Alabama State Oil and Gas Board Spring 2018 Update Trends & Revenue Impact of Alabama s Oil and Gas Industry Nick Tew, State Geologist and Oil and Gas Supervisor State Oil and Gas Board
More informationHow Much Wind Is in the Sails?
How Much Wind Is in the Sails? Erie Chamber of Commerce Place cover image here Richard Wobbekind Senior Economist and Associate Dean for Business and Government Relations September 20, 2017 Real GDP Growth
More informationWhat s Ahead for The Colorado Economy?
What s Ahead for The Colorado Economy? Colorado Counties Inc. Place cover image here Richard Wobbekind Senior Economist and Associate Dean for Business and Government Relations November 28, 2017 Real GDP
More informationcolorado.edu/business/brd
colorado.edu/business/brd Big Changes, Unknown Impacts Southwest Business Forum Place cover image here Richard Wobbekind Senior Economist and Associate Dean for Business and Government Relations January
More informationU.S. Course Openings & Closures
December 12, 2016 U.S. Course Openings & Closures - 2015 National Golf Foundation (NGF) recorded 0 Illinois golf course openings and 7.5 public course closures in 2015 Nationwide, 17 courses opened while
More informationIt Was Never Going To Be Easy
It Was Never Going To Be Easy Stephen Toplis, Head of Research July 2010 Introduction Global power shift sustained Average outlook on the improve Fiscal constraints binding Domestic rebalance under way
More informationEducation Committee Economic Background and Issue Review
Education Committee Economic Background and Issue Review Montpelier, Vermont January 22, 2014 Thomas E. Kavet State Economist and Principal Economic Advisor to the Vermont State Legislature Since 1996
More informationwww.colorado.edu/leeds/brd CAREER ADVANCING DEGREES FROM LEEDS EVENING MBA PROGRAM FOR WORKING PROFESSIONALS #1 PART-TIME MBA Program in Colorado according to U.S. News & World Report Engage in a collaborative
More informationPROVINCE OF SASKATCHEWAN INVESTOR PRESENTATION
PROVINCE OF SASKATCHEWAN INVESTOR PRESENTATION May 2018 THE SASKATCHEWAN DIFFERENCE Economic Stability Diversified economy balances cyclicality of resources Growing population Majority government with
More informationTU Youth Membership. Become a Stream Explorer today Sign a child up for only $12. Benefits include: New Youth Website Magazine Sticker
TU Youth Membership Become a Stream Explorer today Sign a child up for only $12 Benefits include: New Youth Website Magazine Sticker Trout In the Classroom New states and chapters coming on board every
More informationBoard of Directors. March 8, March 8, Board. Item 9-2, 1
of Directors Item 9-2, 1 Item 9-2, 2 MWD Act authorizes property taxes to pay obligations of the district Proposition 13 allows agencies to repay existing voterapproved indebtedness Metropolitan s share
More informationEconomic & Financial Market Outlook
Economic & Financial Market Outlook BC Pension Forum March 1, 2013 Chris Lawless, Chief Economist Overview Global forces Recent economic performance ~ US, Europe, Japan, China ~ Other emerging markets
More informationTax Reform in a Trump World
Tax Reform in a Trump World Government Fleet Expo and Conference Kenneth J. Kies Managing Director The Federal Policy Group San Antonio, Texas June 14, 2017 Overview The 2016 Election did not Change Our
More informationEconomic Growth in the Trump Economy
Economic Growth in the Trump Economy Presented to State Data Center Conference William F. Fox, Director November 18, 2016 GDP Grows, Though Slowly 10.0 8.0 Percentage Change, Previous Qtr, SAAR 6.0 4.0
More informationCommodity Endowment Funds
Commodity Endowment Funds Moscow March 9-10 Roberts L. Grava Jennifer Johnson-Calari World Bank rgrava@worldbank.org jjohnsoncalari@worldbank.org Challenges of managing commodity revenues Macro issues
More information10 County Conference. Richard Wobbekind. Executive Director Business Research Division & Senior Associate Dean Leeds School of Business
10 County Conference Richard Wobbekind Executive Director Business Research Division & Senior Associate Dean Leeds School of Business Hmm... (http://myfallsemester.blogspot.com) Real GDP Growth Percent
More informationLisbon, June 19, 2012
COLOMBIA: STABILITY FOR FINANCIAL DEVELOPMENT José Darío Uribe E. Governor Central Bank of Colombia Lisbon, June 19, 2012 Firstly, during the last decade d the Colombian economy seems to have entered a
More informationWEEKLY SALES SUMMARY Unaudited Week Ending: 3/16/2019
WEEKLY SALES SUMMARY Week Ending: 3/16/2019 Fiscal Year to Date Sales Comparison Through the Week Ending 3/16/2019 (29 Weeks) $ Change % Change FY 2019 to FY 2019 to FY 2019 to FY 2019 to Sales by Game
More informationWEEKLY SALES SUMMARY Unaudited Week Ending: 3/09/2019
WEEKLY SALES SUMMARY Week Ending: 3/09/2019 Fiscal Year to Date Sales Comparison Through the Week Ending 3/09/2019 (28 Weeks) $ Change % Change FY 2019 to FY 2019 to FY 2019 to FY 2019 to Sales by Game
More informationEconomic Outlook March Economic Policy Division
Economic Outlook March 212 Economic Policy Division Real GDP Outlook Percent Change, Annual Rate 2 1 1 - -1 197 197 198 198 199 199 2 2 21 U.S. GDP Actual and Potential Quarterly, Q1 197 to Q4 211 Real
More informationNYU International Hospitality Industry Investment Conference
NYU International Hospitality Industry Investment Conference Industry Update: The Statistical Reality Presented by Randy Smith, Chairman and Founder, STR Global Lodging Performance Global Regions Occupancy
More informationReserves and Resources Evaluation of the Breagh Gas Field Quad 42 UK North Sea. as at December 31, Executive Summary Report Prepared for:
Reserves and Resources Evaluation of the Breagh Gas Field Quad 42 UK North Sea as at December 31, 2015 Executive Summary Report Prepared for: Prepared by: RPS Energy April 12, 2016 CC01228 rpsgroup.com/canada
More informationGlobal growth prospects
Global growth prospects Percent 6 Advanced Economies Emerging Markets and Developing Economies 5 4.9 5.0 4.7 4.7 4.5 4 4.3 4.3 3.7 3.7 3 2 2.3 2.3 2.2 2.0 2.0 1.7 1.7 1 1.1 1.3 0 2012 2013 2014 2015 2016
More informationCOV DEBT CAPACITY April 5, 2016
COV DEBT CAPACITY April 5, 2016 Presentation Objectives: a) Background Information on Tax Rate Limitation; b) Bond Market Review; c) Current General Obligation Debt Outstanding; d) Taxable Assessed Valuation
More informationOld Dominion University 2017 Regional Economic Forecast. Strome College of Business
Old Dominion University 2017 Regional Economic Forecast January 25, 2017 Professor Vinod Agarwal Director, Economic Forecasting Project Strome College of Business www.odu.edu/forecasting The views expressed
More informationNorth Carolina Transportation Issues
North Carolina Transportation Issues David T. Hartgen, Ph.D., P.E. Emeritus Professor of Transportation Studies UNC Charlotte Remarks at the Shaftesbury Lecture John Locke Foundation Raleigh, North Carolina
More informationKevin Thorpe Financial Economist & Principal Cassidy Turley
Kevin Thorpe Financial Economist & Principal Cassidy Turley Economic & Commercial Real Estate Outlook Kevin Thorpe, Chief Economist 2012 Another Year Of Modest Improvement 2006Q1 2006Q3 2007Q1 2007Q3 2008Q1
More information2018 Annual Economic Forecast Dragas Center for Economic Analysis and Policy
2018 Annual Economic Forecast Dragas Center for Economic Analysis and Policy PRESENTING SPONSOR EVENT PARTNERS 2 The forecasts and commentary do not constitute an official viewpoint of Old Dominion University,
More information4-County Big Oil Oil Impacts Analysis Dunn, McKenzie, Mountrail, & Williams Counties in association with:
4-County Big Oil Oil Impacts Analysis Dunn, McKenzie, Mountrail, & Williams Counties in association with: In association with: Interim Energy Development and Transmission Legislative Committee March 8,
More information2018 Annual Economic Forecast Dragas Center for Economic Analysis and Policy
2018 Annual Economic Forecast Dragas Center for Economic Analysis and Policy PRESENTING SPONSOR EVENT PARTNERS 2 The forecasts and commentary do not constitute an official viewpoint of Old Dominion University,
More information2019 Economic Outlook: Will the Recovery Ever End?
2019 Economic Outlook: Will the Recovery Ever End? Advantage Bank Place cover image here Richard Wobbekind Senior Economist and Associate Dean for Business and Government Relations November 15 th, 2018
More informationPNG: Fiscal Policy at a Crossroads
PNG: Fiscal Policy at a Crossroads KUM HWA OH YONGZHENG YANG A S I A P A C I F I C D E P A R T M E N T I N T E R N A T I O N A L M O N E T A R Y F U N D P N G U P D A T E J U N E 1 2, 2 0 1 4 PNG: Fiscal
More informationBig Changes, Unknown Impacts
Big Changes, Unknown Impacts Boulder Economic Forecast Place cover image here Richard Wobbekind Senior Economist and Associate Dean for Business and Government Relations January 17, 2018 Real GDP Growth
More informationWEEKLY SALES SUMMARY Unaudited Week Ending: 11/10/2018
WEEKLY SALES SUMMARY Week Ending: 11/10/2018 Fiscal Year to Date Sales Comparison Through the Week Ending 11/10/2018 (11 Weeks) $ Change % Change FY 2019 to FY 2019 to FY 2019 to FY 2019 to Sales by Game
More informationA comment on recent events, and...
A comment on recent events, and... where we are in the current economic cycle November 15, 2016 Mark Schniepp Director Likely Trump Policies $4 to $5 Trillion in tax cuts over 10 years to corporations,
More informationWEEKLY SALES SUMMARY Unaudited Week Ending: 11/17/2018
WEEKLY SALES SUMMARY Week Ending: 11/17/2018 Fiscal Year to Date Sales Comparison Through the Week Ending 11/17/2018 (12 Weeks) $ Change % Change FY 2019 to FY 2019 to FY 2019 to FY 2019 to Sales by Game
More informationSTATE OF NEW JERSEY. ASSEMBLY, No ASSEMBLY BUDGET COMMITTEE STATEMENT TO. with committee amendments DATED: DECEMBER 15, 2014
ASSEMBLY BUDGET COMMITTEE STATEMENT TO ASSEMBLY, No. 3969 with committee amendments STATE OF NEW JERSEY DATED: DECEMBER 15, 2014 The Assembly Budget Committee reports favorably Assembly Bill No. 3969,
More informationWEEKLY SALES SUMMARY Unaudited Week Ending: 12/29/2018
WEEKLY SALES SUMMARY Week Ending: 12/29/2018 Fiscal Year to Date Sales Comparison Through the Week Ending 12/29/2018 (18 Weeks) $ Change % Change FY 2019 to FY 2019 to FY 2019 to FY 2019 to Sales by Game
More informationTheodore Roosevelt Expressway (TRE) Annual Meeting. Jane E. Berger PE, Programming Engineer North Dakota Department of Transportation Nov.
Theodore Roosevelt Expressway (TRE) Annual Meeting Jane E. Berger PE, Programming Engineer North Dakota Department of Transportation Nov. 14, 2012 Williston Minot Dickinson Bismarck Increase in oil production
More informationROYAL MONETARY AUTHORITY OF BHUTAN MONTHLY STATISTICAL BULLETIN
ROYAL MONETARY AUTHORITY OF BHUTAN MONTHLY STATISTICAL BULLETIN Macroeconomic Research and Statistics Department Vol. XVIl, No.3 March 2018 CONTENTS Preface....01 Bhutan s Key Economic Indicators..02 Table
More informationROYAL MONETARY AUTHORITY OF BHUTAN MONTHLY STATISTICAL BULLETIN
ROYAL MONETARY AUTHORITY OF BHUTAN MONTHLY STATISTICAL BULLETIN Department of Macroeconomic Research and Statistics Vol. XVIl, No.9 September 2018 CONTENTS Preface....01 Bhutan s Key Economic Indicators..02
More informationROYAL MONETARY AUTHORITY OF BHUTAN MONTHLY STATISTICAL BULLETIN
ROYAL MONETARY AUTHORITY OF BHUTAN MONTHLY STATISTICAL BULLETIN Department of Macroeconomic Research and Statistics Vol. XVIl, No.11 November 2018 CONTENTS Preface....01 Bhutan s Key Economic Indicators..02
More informationDr. Richard Wobbekind Executive Director, Business Research Division and Senior Associate Dean for Academic Programs University of Colorado Boulder
Dr. Richard Wobbekind Executive Director, Business Research Division and Senior Associate Dean for Academic Programs University of Colorado Boulder Member FDIC VectraBank.com Economic Outlook 2015 Richard
More informationThe U.S. Economic Outlook
The U.S. Economic Outlook Nigel Gault Chief U.S. Economist, IHS Global Insight FTA Revenue Estimation & Tax Research Conference Charleston, West Virginia October 17, 2011 What Has Happened to the Recovery?
More informationThe Changing Global Economy Impacts on Seaports and Trade Dr. Walter Kemmsies
The Changing Global Economy Impacts on Seaports and Trade Dr. Walter Kemmsies Chief Economist, PAGI Group, JLL (Port, Airport & Global Infrastructure) Agenda Where are we in the cycle? What are the barriers
More informationDistrict Leadership Education Module Kiwanis Refresher Quiz Delivery Notes for Club Education Chair
District Leadership Education Module Kiwanis Refresher Quiz Delivery Notes for Club Education Chair Leadership Education Module Module Contents 2 documents Delivery Date Target Group Delivery Method Projected
More informationEconomic Update and Outlook
Economic Update and Outlook NAIOP Vancouver Chapter November 15, 2012 Helmut Pastrick Chief Economist Central 1 Credit Union Outline: Global, U.S., and Canadian economic conditions Canada economic and
More information91 Express Lanes Model Update 2006 State Route 91 Implementation Plan. Gerald V. Nielsten May 18, 2007
91 Express Lanes Model Update 2006 State Route 91 Implementation Plan Gerald V. Nielsten May 18, 2007 1 Vollmer Associates LLP is now Stantec Inc. Stantec Inc. completed the acquisition of Vollmer Associates
More informationReal GDP Growth Quarterly Real GDP
Real GDP Growth Quarterly Real GDP Percent Change, SAAR 10.0 8.0 6.0 4.0 2.0 0.0-2.0-4.0-6.0-8.0-10.0 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 Sources: Bureau of Economic Analysis
More informationUnited Nations Conference on Trade and Development
United Nations Conference on Trade and Development 11 th MULTI-YEAR EXPERT MEETING ON COMMODITIES AND DEVELOPMENT 15-16 April 2019, Geneva Saudi economic growth strategy on the face of oil price uncertainty
More informationFinance & Insurance Committee Item 8 February 12, 2018
Finance & Insurance Committee Item 8 February 12, 2018 F&I Committee Item 6-c, page 1 January 11, 2016 Overview Proposed Biennial Budget Operating Budget Ten-Year Financial Forecast Next Steps Finance
More informationTraffic Engineer s Annual Report
Traffic Engineer s Annual Report Fiscal Year Ended June 30, 2012 STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION Florida Department of Transportation January 22, 2013 Mrs. Nicola A. Liquori, C.P.A. Chief
More informationRailroads and the Economy
Railroads and the Economy North East Association of Rail Shippers April 27, 2016 Railroads Help Keep Coal- Based Electricity A cynic is a man who, when he smells flowers, looks around for a coffin. -H.L.
More informationIndex, nominal terms, 2010 = Energy. Agriculture Metals
Outline Broad commodity price trends Index, nominal terms, 2010 = 100 180 150 Energy 120 90 60 Agriculture Metals 30 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Jan-12 Jan-13 Jan-14 Jan-15 Jan-16 Jan-17 Source:
More informationWhither Demand? - Growth In Prospect
Whither Demand? - Growth In Prospect Tecnon OrbiChem Marketing Seminar at APIC 2015 Seoul, 7 May 2015 Roger Lee WORLD GDP GROWTH 1995-2020 % AAGR 5 4 3 Actual Forecast 2008 Current Forecast 2 1 0-1 -2
More informationJULY 2013 RIDERSHIP REPORT MTA METRO-NORTH RAILROAD EXECUTIVE SUMMARY
Ridership Report JULY 2013 RIDERSHIP REPORT MTA METRO-NORTH RAILROAD EXECUTIVE SUMMARY July July 2013 Total MNR System Ridership was 7.346 million vs. 7.439 million in July 2012, a decrease of 92,959 passengers
More informationMAINE STATE LEGISLATURE
MAINE STATE LEGISLATURE The following document is provided by the LAW AND LEGISLATIVE DIGITAL LIBRARY at the Maine State Law and Legislative Reference Library http://legislature.maine.gov/lawlib Reproduced
More informationFlorida s Turnpike System Projected Debt Service Coverage Ratio ($000)*
Florida s Turnpike System Projected Debt Service Coverage Ratio ($000)* Fiscal Year Toll Concession Total Gross O&M Expenses** Net Existing Annual Senior Debt Service Requirement*** Senior Debt Service
More informationOutlook for U.S. Retail Food Prices and Inflation in 2009
Outlook for U.S. Retail Food Prices and Inflation in 2009 Ephraim Leibtag, PhD Food Markets Branch, Food Economics Division ERS-USDA Presented at the 2009 Agricultural Outlook Forum Global Agriculture
More informationLAKE BLUFF PARK DISTRICT BLAIR PARK SWIMMING POOL Questions and Answers OVERVIEW
LAKE BLUFF PARK DISTRICT BLAIR PARK SWIMMING POOL Questions and Answers www.lakebluffparks.org OVERVIEW Q: How did the community rate the pool on the Community Wide survey? A: The top three highest rated
More information10 County Conference. Richard Wobbekind. Executive Director Business Research Division & Senior Associate Dean Leeds School of Business
10 County Conference Richard Wobbekind Executive Director Business Research Division & Senior Associate Dean Leeds School of Business Real GDP Growth Percent Quarterly and Annualized Real GDP 1990-2014
More informationEconomic Overview. Melissa K. Peralta Senior Economist April 27, 2017
Economic Overview Melissa K. Peralta Senior Economist April 27, 2017 TTX Overview TTX functions as the industry s railcar cooperative, operating under pooling authority granted by the Surface Transportation
More informationBabson Capital/UNC Charlotte Economic Forecast. May 13, 2014
Babson Capital/UNC Charlotte Economic Forecast May 13, 2014 Outline for Today Myths and Realities of this Recovery Positive Economic Signs Negative Economic Signs Outlook for 2014 The Employment Picture
More informationBC Pension Forum. Economic Outlook. Presented by: Ben Homsy, CFA Portfolio Manager
BC Pension Forum Economic Outlook Presented by: Ben Homsy, CFA Portfolio Manager 1694 1704 1713 1723 1732 1741 1751 1760 1770 1779 1788 1798 1807 1817 1826 1836 1845 1854 1864 1873 1883 1892 1901 1911
More informationHighway User Fee Funding Of Local Roads in Illinois. NOT Equitable. NOT Sustainable. October 20, 2015
Highway User Fee Funding Of Local Roads in Illinois NOT Equitable. NOT Sustainable. October 20, 2015 1 Illinois Compiled Statutes References Illinois Tax Handbook for Legislators, Legislative Research
More information2014 Economic Forecast: Boulder & Beyond. Keynote Presentation
2014 Economic Forecast: Boulder & Beyond Keynote Presentation Business Research Division Richard Wobbekind Executive Director Business Research Division & Senior Associate Dean Leeds School of Business
More informationEconomy On The Rebound
Economy On The Rebound Robert Johnson Associate Director of Economic Analysis November 17, 2009 robert.johnson@morningstar.com (312) 696-6103 2009, Morningstar, Inc. All rights reserved. Executive
More informationHotel Industry Update. Stephen Hennis, CHA, ISHC
Hotel Industry Update Stephen Hennis, CHA, ISHC 1 Through Aug 2012: Strong Results Despite Headwinds % Change Room Supply* 1.2 bn 0.4% Room Demand* 741 mm 3.3% Occupancy 63% 2.9% A.D.R. $106 4.3% RevPAR
More informationBob Costello Chief Economist & Vice President American Trucking Associations. Economic & Motor Carrier Industry Trends. September 10, 2013
Bob Costello Chief Economist & Vice President American Trucking Associations Economic & Motor Carrier Industry Trends September 10, 2013 The Freight Economy Washington continues to be a headwind on economic
More informationEnabling Legislation New York Thoroughbred Breeding and Development Fund
Enabling Legislation New York Thoroughbred Breeding and Development Fund Racing, Pari-Mutuel Wagering and Breeding Law 252. New York state thoroughbred breeding and development fund. 1. A corporation to
More informationTULSA INTERNATIONAL AIRPORT ECONOMIC DEVELOPMENT PROJECT PLAN
Adopted, 2016 TULSA INTERNATIONAL AIRPORT ECONOMIC DEVELOPMENT PROJECT PLAN A PROJECT OF: THE CITY OF TULSA IN COOPERATION WITH: TULSA COUNTY TULSA INTERNATIONAL AIRPORT DEVELOPMENT TRUST TULSA AIRPORTS
More informationNorthwest Economic Research Center College of Urban and Public Affairs Forecast Breakfast Economic Outlook
Northwest Economic Research Center College of Urban and Public Affairs 2019 Forecast Breakfast Economic Outlook 1/10/2019 2 U.S. ECONOMY 1/10/2019 3 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000
More informationOil Markets. Kevin Lindemer Executive Managing Director, Energy Markets Group
Oil Markets Kevin Lindemer Executive Managing Director, Energy Markets Group 2008 Outlook Downside risks in demand are increasing due to weaker economic outlook Upside supply risks still present but balance
More informationOVERVIEW OF PRESENTATION
ACT RELATING TO REVENUE PROTECTION S 3001 AND H 8213 Joint Committee Meeting of the House and Senate Finance Committees Presentation by House and Senate Fiscal Staff May 29, 2012 OVERVIEW OF PRESENTATION
More information2018 Annual Economic Forecast Dragas Center for Economic Analysis and Policy
2018 Annual Economic Forecast Dragas Center for Economic Analysis and Policy PRESENTING SPONSOR EVENT PARTNERS 2 The forecasts and commentary do not constitute an official viewpoint of Old Dominion University,
More informationWEEKLY SALES SUMMARY Unaudited Week Ending: 3/31/2018
WEEKLY SALES SUMMARY Week Ending: 3/31/2018 Fiscal Year to Date Sales Comparison Through the Week Ending 3/31/2018 (31 Weeks) $ Change % Change FY 2018 to FY 2018 to FY 2018 to FY 2018 to Sales by Game
More informationASX Announcement. Target Energy Fairway Reserves Update. Corporate information. 20 September 2017
Target Energy Fairway Reserves Update Fairway Proven Reserves (net to Target) of 3.19 million barrels of oil equivalent (MMBOe) as of 30 June 2017 2017 update increases Fairway Proven Reserves by 11% Total
More informationWEEKLY SALES SUMMARY Unaudited Week Ending: 10/27/2018
WEEKLY SALES SUMMARY Week Ending: 10/27/2018 Fiscal Year to Date Sales Comparison Through the Week Ending 10/27/2018 (9 Weeks) $ Change % Change FY 2019 to FY 2019 to FY 2019 to FY 2019 to Sales by Game
More informationWEEKLY SALES SUMMARY Unaudited Week Ending: 11/03/2018
WEEKLY SALES SUMMARY Week Ending: 11/03/2018 Fiscal Year to Date Sales Comparison Through the Week Ending 11/03/2018 (10 Weeks) $ Change % Change FY 2019 to FY 2019 to FY 2019 to FY 2019 to Sales by Game
More informationWEEKLY SALES SUMMARY Unaudited Week Ending: 10/20/2018
WEEKLY SALES SUMMARY Week Ending: 10/20/2018 Fiscal Year to Date Sales Comparison Through the Week Ending 10/20/2018 (8 Weeks) $ Change % Change FY 2019 to FY 2019 to FY 2019 to FY 2019 to Sales by Game
More informationMARKET AND CAPACITY UPDATE. Matthew Marsh September 2016
MARKET AND CAPACITY UPDATE Matthew Marsh September 2016 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
More informationGlobal Outlook for Agriculture Trend versus Cycle
Global Outlook for Agriculture Trend versus Cycle Michael Swanson Ph.D. Wells Fargo October 2017 Everything is connected we just don t see how. Connection corollary: Nothing natural moves in a straight
More informationPhoto by ZoomFiji. Strategic Plan. Fall Fall usa rugby 2500 arapahoe avenue, suite 200 boulder, colorado 80302
Photo by ZoomFiji Strategic Plan Fall 2009 - Fall 2012 OBJECTIVES, STRATEGIES AND METRICS usa rugby 2500 arapahoe avenue, suite 200 boulder, colorado 80302 CONTENTS INTRODUCTION STATEMENT OF PURPOSE A.
More informationCounty of Orange Resources and Development Management Department Harbors, Beaches and Parks. Strategic Plan. HBP Strategic Plan Workshop 1.
County of Orange Resources and Development Management Department Harbors, Beaches and Parks Strategic Plan HBP Strategic Plan Workshop 1 v18 PRESENTATION OUTLINE Harbors, Beaches & Parks (HBP) History
More informationRevenue Estimating Conference Lottery Sales Executive Summary
Revenue Estimating Conference Lottery Sales Executive Summary July 14, 2014 The Revenue Estimating Conference reviewed Lottery revenues on July 14, 2014, and decreased the overall forecast from the one
More informationWEEKLY SALES SUMMARY Unaudited Week Ending: 12/09/2017
WEEKLY SALES SUMMARY Week Ending: 12/09/2017 Fiscal Year to Date Sales Comparison Through the Week Ending 12/09/2017 (15 Weeks) $ Change % Change FY 2018 to FY 2018 to FY 2018 to FY 2018 to Sales by Game
More informationKey Findings from a Statewide Survey of Wyoming Voters October 2018 Lori Weigel
Key Findings from a Statewide Survey of Wyoming Voters October 2018 Lori Weigel #181147 2 Partners Involved Methodology A statewide survey of 600 registered voters throughout Wyoming conducted on both
More informationTHE ECONOMIC IMPACT OF RECREATIONAL SALTWATER FISHING ON THE LOUISIANA ECONOMY
THE ECONOMIC IMPACT OF RECREATIONAL SALTWATER FISHING ON THE LOUISIANA ECONOMY By Loren C. Scott & Associates, Inc. 743 Woodview Court Baton Rouge, LA 70810 225-751-1707 lorencscott@aol.com for The Coastal
More informationMEMORANDUM. Santa Clara Valley Transportation Authority
MEMORANDUM TO: FROM: Board of Directors Kurt Evans, Government Affairs Manager DATE: September 12, 2014 SUBJECT: Legislative Update: Cap-and-Trade Together, the FY 2015 Budget Act and SB 862, a budget
More informationWEEKLY SALES SUMMARY Unaudited Week Ending: 12/30/2017
WEEKLY SALES SUMMARY Week Ending: 12/30/2017 Fiscal Year to Date Sales Comparison Through the Week Ending 12/30/2017 (18 Weeks) $ Change % Change FY 2018 to FY 2018 to FY 2018 to FY 2018 to Sales by Game
More informationWEEKLY SALES SUMMARY Unaudited Week Ending: 9/29/2018
WEEKLY SALES SUMMARY Week Ending: 9/29/2018 Fiscal Year to Date Sales Comparison Through the Week Ending 9/29/2018 (5 Weeks) $ Change % Change FY 2019 to FY 2019 to FY 2019 to FY 2019 to Sales by Game
More informationPercent
Outline Outline Growth is picking up Percent 6 Advanced economies Emerging and developing economies 5 4 4.9 5.0 4.3 4.4 4.6 4.7 4.7 3.7 3.7 3 2 2.0 2.3 1.6 2.2 2.3 1.9 1.7 1 1.1 1.3 0 2012 2013 2014 2015
More informationLegislative Finance Division Page: 1
Column Type Expenditure Services Travel Services Commodities Outlay Grants Misc PFT PPT TMP Department of Commerce, Community and Economic Development Insurance Operations Alaska Reinsurance Program L
More informationColorado Counties Treasurers Association
Colorado Counties Treasurers Association Place cover image here Richard Wobbekind Executive Director, Business Research Division June 21, 2016 Real GDP Growth Quarterly and Annualized Real GDP 1990-2016
More informationEconomic and Revenue Outlook: March 2016
Economic and Revenue Outlook: March 2016 February 10 th, 2016 Oregon Office of Economic Analysis Mark McMullen Josh Lehner Recent Performance 2 U.S. Economy Still in Expansion 3 Best Leading Indicator
More informationWEEKLY SALES SUMMARY Unaudited Week Ending: 12/02/2017
WEEKLY SALES SUMMARY Week Ending: 12/02/2017 Fiscal Year to Date Sales Comparison Through the Week Ending 12/02/2017 (14 Weeks) $ Change % Change FY 2018 to FY 2018 to FY 2018 to FY 2018 to Sales by Game
More informationREVENUE & RIDERSHIP REPORT SEPTEMBER 2018
REVENUE & RIDERSHIP REPORT SEPTEMBER 2018 Year-to-date passenger revenue 1.3% above last year Year-to-date ridership 2.1% below last year 1,500 SEPTA RIDERSHIP PERFORMANCE Average Daily Rides in 000's
More informationTransportation Infrastructure Systems Needs and Challenges: Progress Report
Transportation Infrastructure Systems Needs and Challenges: Progress Report Alabama House Speaker Mac McCutcheon Justice Smyth Outreach Director Steven Polunsky TPRC Director Shashi Nambisan Executive
More information