The Delaware General Assembly passed House Joint Resolution 8 in July of 2017, which authorized the formation of a committee that would assess the effectiveness of a Budget Stabilization Fund and fiscal control for budgeting.
The committee developed a recommendation for an economic budget framework within nine months of enacting the legislation that was based on regional parameters of personal income, inflation, and population, along with a budget stabilization fund that could be implemented to smooth the budget in times of managerial and cyclical shortfalls.
REMI cordially invites you to our monthly Washington, D.C. policy luncheon on Thursday, December 20th, 2018 from 11 a.m. to 1 p.m. that will feature guest presenter Susan Steward, Economic Policy Advisor in the Delaware State Treasurer’s Office, discussing the effects of alternative approaches to budgeting state economies during her presentation titled “Examining the Value-added of Counter-Cyclical Budgeting for State Governments.”
Historically, Delaware has suffered from shortfalls as a result of their budget frameworks’ structural, cyclical, and managerial challenges.
Ms. Steward worked closely with the Delaware Department of Revenue to construct a feasible model for budgeting that captured the framework of counter-cyclical policy. Ms. Steward is set to describe the case study from Delaware, and how using REMI and input-output modeling provides to the process of budgeting for long-term efficiencies in the face of economic uncertainty.
We’re offering this event free of charge; however, we do ask that you register in advance. If you would like to attend this event, please email Brian Boyd at Brian.Boyd@remi.com, contact us by phone at (413)549-1169, or fill out the registration page for this event.
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Ms. Steward received her Master’s in Economics and Applied Econometrics from University of Delaware, and a Bachelor’s degree in Economics from Salisbury University. Prior to working for the State Treasurer, Ms. Steward was the Senior Economist at the Regional Economic Studies Institute of Towson University providing methodologies for studies on shale drilling, tax credits, minimum wage, and paid sick leave along with regional
economic forecasts.
Metro Center
700 12th Street NW
Suite 700
Washington, D.C. 20005
Hello,
Thank you for your interest in REMI. Your registration is confirmed for our luncheon “Examining the Value-Added of Counter-Cyclical Budgeting for State Governments” on Thursday, December 20th, 2018. I have attached the agenda with location details for reference.
The event will take place from 11:00 AM to 1:00 PM at the Metro Offices at 700 12th Street, NW, Suite 700, Washington D.C. 20005.
We will call a day or so before the event to confirm your attendance and to see if you have any questions. Please feel free to share the invitation with any other staff or colleagues who may be interested.
We look forward to seeing you in D.C.!
Regards,
Regional Economic Models, Inc.
