Brief Revenue Forecasting Practices
How States Estimate Future Revenues
Kim S. Rueben, Megan Randall
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States use different methods to estimate how much revenue they will have available to spend in future years. This fact sheet describes different approaches to revenue forecasting and presents recommendations on how to improve forecasting accuracy and transparency.

Research Areas Economic mobility and inequality Taxes and budgets State and local finance
Tags Fiscal policy State and local tax issues
Policy Centers Urban-Brookings Tax Policy Center