To determine how much revenue will be available for the biennial budget cycle, the Budget Division and state agencies use the official forecast of future state General Fund revenues. The forecast is provided by the State’s Economic Forum (a panel of five economic and taxation experts from the private sector). All agencies of the state including the Governor and Nevada Legislature are required to use the Forum’s forecast, which is provided shortly before the beginning of a new legislative session. For more information on the Economic Forum, please see the Quick Link options.
Note: links will redirect you to the Nevada Legislature website, www.leg.state.nv.us