Conference Material
Meeting Notice and Agenda
- Official Notice for the May 2025 CREC (Posted 5/12/2025)
- May 2025 Agenda (Posted 5/15/25)
CREC Presentation Documents
- RSQE Presentation – May 2025
- Federal Reserve Bank of Chicago: Economic Outlook – May 2025
- Pupil Count Estimates – May 2025
- Estimates for Child Development and Care – May 2025
- Estimates of Medicaid and Health and Human Services Caseloads and Costs – May 2025
- Joint Economic/Revenue Presentation – May 2025
Forecasts and Summary
Economic Forecasts
CREC Executive Summary
Conference Material
Meeting Notice and Agenda
- Official Notice for the January 2025 CREC (Posted 1/8/2025)
- CREC Agenda (Posted 1/8/2025)
CREC Presentation Documents
- RSQE Presentation – (Posted 1/10/2025)
- University of Michigan, Surveys of Consumers – (Posted 1/10/2025)
- Pupil Count Estimates – (Posted 1/10/2025)
- Joint Economic/Revenue Presentation – (Posted 1/10/2025)
Additional Documents
- Senate Fiscal Agency Consensus Revenue Year-End Balance Estimates (Posted 1/14/2025)
Forecasts and Summary
Economic Forecasts
- Administration – Economic and Revenue Outlook – (Posted 1/10/2025)
- HFA – Economic Outlook and Revenue Estimates (Posted 1/9/2025)
- SFA January 2025 Economic Outlook (Posted 1/8/2025)
CREC Executive Summary
- Executive Summary: Economics/Revenue (Posted 1/10/2025)
Archive
- Joint Presentation – Economic and Revenue Forecasts, FY 2024, 2025, and 2026 (Posted 5/7/24)
- CREC Executive Summary – Economic and Revenue Forecasts Fiscal Years 2024, 2025, and 2026 (Posted 5/17/24)
- RSQE – US and Michigan Outlook for 2024-2026 (Posted 5/17/24)
- Federal Reserve Bank of Chicago – The Changing EV Landscape…and its Implications for Michigan – Presentation by Kristin Dziczek (Posted 5/17/24)
- Estimates of K-12 Pupil Membership and Foundation Allowance (Posted 5/17/24)
- Estimates of Child Development and Care Caseloads and Costs (Posted 5/17/24)
- Estimates of Medicaid and Human Services Caseloads and Costs (Posted 5/17/24)
- Michigan Department of Treasury – Economic and Revenue Outlook FY 2023-24 through FY 2025-26 (Posted 5/17/24)
- SFA May 2024 Economic Outlook and Budget Review – FY 2023-24 Through FY 2025-26 (Posted 5/16/24)
- HFA May 2024 Economic Outlook and Revenue Estimates for Michigan – FY 2023-24 Through FY 2025-26 (Posted 5/16/24)
- CREC Agenda May 2024 (Posted 5/14/24)
- CREC Announcement for May 17 (Posted 5/14/24)
- Video Recording – CREC Discussion (Posted 1/12/24)
- Video Recording – Balance Sheet Discussion (Posted 1/23/24)
- CREC Meeting Announcement (Posted 1/5/24)
- CREC Agenda (Posted 1/9/24)
- SFA Economic Outlook and Budget Review – FY 2022-23 Through FY 2025-26 (Posted 1/10/24)
- HFA Economic Outlook and Revenue Estimates – FY 2023-24 Through FY 2025-26 (Posted 1/11/24)
- RSQE – The U.S. and Michigan Outlook for 2024-2026 (Posted 1/12/24)
- Federal Reserve Bank of Chicago – The Economic Outlook: The Perspective from the Midwest (Posted 1/12/24)
- Estimates of K-12 Pupil Membership and Foundation Allowance (Posted 1/12/24)
- Michigan Department of Treasury Economic and Revenue Outlook FY 2023-24, FY 2024-25, and FY 2025-26 (Posted 1/12/24)
- House, Senate, and Administration Economic Outlooks and Revenue Estimates (Posted 1/12/24)
- SFA Consensus Revenue Year-End Balance Estimates (Posted 1/12/24)
- SFA One-Time Appropriations FY 2023-24 (Posted 1/12/24)
- CREC Executive Summary (Posted 1/12/24)
- HFA State Budget Update – Noel Benson (Posted 1/12/24)
- CREC Meeting Announcement (Posted 5/3/23)
- CREC Agenda (Posted 5/19/23)
- RSQE – The U.S. and Michigan Outlook for 2023-2025 (Posted 5/19/23)
- Michigan Department of Treasury Economic and Revenue Outlook FY 2022-23, FY 2023-24, and FY 2024-25 (Posted 5/19/23)
- Joint Economic and Revenue Presentation (Posted 5/19/23)
- Michigan Demographic Trends (Posted 5/19/23)
- Estimates of K-12 Pupil Membership and Foundation Allowance (Posted 5/19/23)
- Estimates for Child Development and Care (Posted 5/19/23)
- Estimates of Medicaid and Health and Human Services Caseloads and Costs (Posted 5/19/23)
- CREC Executive Summary (Posted 5/19)
- SFA April 2023 Monthly Revenue Report (Posted 5/18/23)
- SFA Detail of Consensus Revenue Estimates (Posted 5/22/23)
- HFA Economic Outlook and Budget Review – FY 2022-2023 Through FY 2024-25 (Posted 5/18/23)
- SFA Economic Outlook and Budget Review – FY 2022-2023 Through FY 2024-25 (Posted 5/17/23)
- May 2023 Economic Outlook and Budget Review Transmittal Letter (Posted 5/17/23)
- HFA Estimated Balance Sheet (Posted 5/19/23)
- Video Recording – CREC Debrief (May Joint ISD and School Finance Services) (Posted 5/19/23)
- CREC Meeting Announcement (Posted 12/20/22)
- CREC Agenda (Posted 1/10/23)
- RSQE – The U.S. and Michigan Outlook for 2023-2025 (Posted 1/13/23)
- Federal Reserve Bank of New York – The Global Supply Chain Pressure Index (Posted 1/13/23)
- House, Senate and Administration Economic Outlooks and Revenue Estimates (Posted 1/13/23)
- Estimates of K-12 Pupil Membership and Foundation Allowance (Posted 1/13/23)
- Michigan Department of Treasury Economic and Revenue Outlook FY 2022-23, FY 2023-24, and FY 2024-25 (Posted 1/13/23)
- HFA Economic Outlook and Revenue Estimates for Michigan – FY 2022-2023 Through FY 2024-25 (Posted 1/12/23)
- SFA Economic Outlook and Budget Review – FY 2021-22, FY 2022-23, FY 2023-24, and FY 2024-25 (Posted 1/12/23)
- FY 23 SAF Estimated Balance Sheet (Posted 1/13/23)
- SFA Year-End Balance Estimates (Posted 1/13/23)
- CREC Executive Summary (Posted 1/13/23)
- SFA – Presentation to ISD and School Finance Committee (Posted 1/13/23)
- Video Recording – CREC Broadcast (Posted 2/15/23)
- Memo Announcement
- Agenda
- SFA Economic Outlook and Budget Review – FY 2021-22, FY 2022-23, and FY 2023-24 (Posted 5/16/22)
- HFA Economic Outlook and Revenue Estimates for Michigan – FY 2021-22 through FY 2023-24 (Posted 5/18/22)
- Administration – Economic and Revenue Outlook (Posted 5/20/22)
- RSQE Presentation (Posted 5/20/22)
- Comparison of Proposed Pupil Membership Estimates – FY 2021-22, FY 2022-23, and FY 2023-24 (Posted 5/20/22)
- Estimates for Child Development and Care (Posted 5/20/22)
- Estimates for Dept. of Health and Human Services for FY 2022, FY 2023, and FY 2024 (Posted 5/20/22)
- House, Senate, and Administration Economic Outlooks and Revenue Estimates (Posted 5/20/22)
- Moody’s Analytics (Posted 5/20/22)
- Executive Summary (Posted 5/20/22)
- State Budget Update – Senate Fiscal Agency (Posted 5/20/22)
- SFA Consensus Revenue Year-End Balance Estimates (Posted 5/20/22)
- HFA Estimated Balance Sheet (Posted 5/20/22)
- SFA Estimated Balance Sheet (Posted 5/20/22)
- CREC Debrief Recording- MSBO ISD and School Finance Services Committee (Posted 5/20/22)
- Video — CREC Conference Broadcast (Posted 1/27/22)
- SFA Detail of Consensus Revenue Estimates (Posted 1/14/22)
- RSQE — The U.S. and Michigan Outlook for 2022-2024 (Posted 1/14/22)
- Center for Automotive Research Update (Posted 1/14/22)
- Estimates of K-12 Pupil Membership and Foundation Allowance (Posted 1/14/22)
- Staff Revenue Agreement Executive Summary FY 2022-24 (Posted 1/14/22)
- House, Senate and Administration Economic Outlooks and Revenue Estimates (Posted 1/14/22)
- Department of Treasury Economic and Revenue Outlook FY 2022-24 (Posted 1/14/22/)
- SFA Economic Outlook and Budget Review FY2021-22 – 2023-24 (Posted 1/13/22)
- HFA Economic Outlook and Revenue Estimates FY2021-22 – 2023-24 (Posted 1/13/22)
- Agenda (Posted 1/11/22)
- Memo (Posted 1/6/22)
- SFA Consensus Revenue Year-End Balance Estimates (Posted 5/21/21)
- Consensus Revenue Agreement, Executive Summary (Posted 5/21/21)
- RSQE – The U.S. and Michigan Outlook for 2021-2023 (Posted 5/21/21)
- LMISI – Workforce and Labor Market Information Briefing (Posted 5/21/21)
- Estimates of K-12 Pupil Membership and Foundation Allowance (Posted 5/21/21)
- Estimates for Child Development and Care (Posted 5/21/21)
- Estimates of Medicaid and Health and Human Services Caseloads and Costs (Posted 5/21/21)
- House, Senate and Administration Economic Outlooks and Revenue Estimates FY 2021-23 (Posted 5/21/21)
- Department of Treasury Economic and Revenue Outlook FY 2020-23 (Posted 5/21/21)
- Economic and Revenue Forecasts FY 2020-23 (Posted 5/20/21)
- Transmittal of Senate Fiscal Agency’s (SFA’s) Economic Outlook and Budget Review (Posted 5/20/21)
- CREC May 2021 Agenda and Broadcast Details (Posted 5/14/21)
- SFA Michigan’s Economic Outlook and Budget Review FY2020-21, FY2021-22, FY2022-23 (Posted 5/19/21)
- SFA Consensus Revenue Year-End Balance Estimates (Posted 1/15/21)
- Consensus Revenue Agreement, Executive Summary (Posted 1/15/21)
- RSQE — The U.S. and Michigan Outlook for 2021-2023 (Posted 1/15/21)
- IHS Markit — U.S. Economic Outlook (Posted 1/15/21)
- Estimates of K-12 Pupil Membership and Foundation Allowance (Posted 1/15/21)
- House, Senate and Administration Economic Outlooks and Revenue Estimates (Posted 1/15/21)
- HFA Economic Outlook and Revenue Estimates for Michigan FY 2020-21 Through FY 2022-23 (Posted 1/15/21)
- SFA Michigan’s Economic Outlook and Budget Review FY 2020-21 – FY 2022-23 (Posted 1/15/21)
- Economic and Revenue Outlook FY 2020-21 – FY 2022-23 (Posted 1/15/21)
- Agenda and Details (Posted 1/13/21)
- Recording of the MSBO ISD and School Finance Committees “CREC Recap” (Posted 8/25/20)
CREC Presentation Documents
- RSQE Presentation (Posted 8/24/20)
- DHHS Caseload Presentation (Posted 8/24/20)
- Joint Revenue Presentation (Posted 8/24/20)
- Staff Recommendation Executive Summary: Revenue (Posted 8/24/20)
SFA CREC Memos
- Information and Agenda (Posted 8/19/20)
- Consensus Revenue Estimating Conference Memo (Posted 8/5/20)
- HFA Final Summary Document (Posted 8/25/20)
CREC Summary and Estimate Documents
- Line Item Spreadsheet (Posted 8/25/20)
- SFA School Aid Fund Revenue, Expenditures and Year-End Balance Estimates (Posted 8/25/20)
- Consensus Revenue Executive Summary (Posted 8/24/20)
- Detail of Consensus Revenue Estimates (Posted 8/25/20)
- Consensus Revenue Year-End Balance Estimates (Posted 8/25/20)
- SFA Balance Sheet (Updated 5/22/20)
- Michigan Automotive Industry Update — Center for Automotive Research (Posted 5/15/20)
- Estimated Pupil Membership FY 2019-20, FY 2020-21, and FY 2021-22 (Posted 5/15/20)
- Consensus Revenue Estimates for FY 2019-20, FY 2020-21, and FY 2021-22 and School Aid Foundation Allowance Index Estimate for FY 2020-21 (Posted 5/15/20)
- Consensus Revenue Agreement Executive Summary (Posted 5/15/20)
- RSQE The U.S. and Michigan Outlook for 2020-2022 (Posted 5/15/20)
- Child Care Caseload Presentation (Posted 5/15/20)
- Consensus Expenditure Estimates For FY 2019-20, FY 2020-21 And FY 2021-22 — Department Of Health And Human Services (Posted 5/15/20)
- Joint Economic/Revenue Presentation (Posted 5/15/20)
- Economic and Revenue Outlook (Posted 5/15/20)
- HFA Economic Outlook and Revenue Estimates for Michigan — FY 2019-20 Through FY 2021-22 (Posted 5/14/20)
- SFA Economic Outlook and Budget Review FY 2018-19, FY 2019-20, FY 2020-21, and FY 2021-22 (Posted 5/15/20)
- Fiscal Brief — School Aid Proration (Posted 5/13/20)
- Agenda (Posted 5/10/20)
- Interim Revenue Reports — COVID-19 Impact (Posted 5/7/20)
- The U.S. and Michigan Economic Outlook for 2020–2022: an Interim Update (Posted 3/27/20)
- HFA Executive Summary (Posted 1/13/20)
- Estimated Pupil Membership FY 2019-20, FY 2020-21, and FY 2021-22 (Posted 1/10/20)
- Consensus Revenue Estimates for FY 2019-20, FY 2020-21, and FY 2021-22 and School Aid Foundation Allowance Index Estimate for FY 2020-21 (Posted 1/10/20)
- Consensus Revenue Agreement Executive Summary (Posted 1/10/20)
- SFA Consensus Revenue Year-End Balance Estimates (Posted 1/29/20)
- US Economic Outlook: Themes, Issues, Risks (Posted 1/10/20)
- RSQE The U.S. and Michigan Outlook for 2020-2022 (Posted 1/10/20)
- HFA Economic Outlook and Revenue Estimates for Michigan — FY 2019-20 Through FY 2021-22 (Posted 1/8/20)
- Agenda (Posted 1/3/20)
- SFA Economic Outlook and Budget Review FY 2018-19, FY 2019-20, FY 2020-21, and FY 20121-22 (Posted 1/2/20)
- Estimated Pupil Membership FY 2018-19, FY 2019-20, and FY 2020-21 (Posted 5/17/17)
- Economic and Revenue Outlook FY 2018-21 (Posted 5/17/19)
- Economic and Revenue Forecasts FY 2019-21 (Posted 5/17/19)
- Consensus Revenue Agreement Executive Summary (Posted 5/17/19)
- SFA Consensus Revenue Estimate Details (Posted 5/17/19)
- Michigan Automotive Industry Update (Posted 5/17/19)
- The U.S. and Michigan Outlook for 2019-21 (Posted 5/17/19)
- SFA Economic Outlook and Budget Review FY 2018-19, FY 2019-20, and FY 2020-21 (Posted 5/17/19)
- HFA May 2019 Economic Outlook and Revenue Estimates — FY 2018-19 – FY 2020-21 (Posted 5/15/19)
- Invitation (Posted 5/15/19)
- Estimated Pupil Membership FY2018-19; FY2019-20; FY2020-21 (Posted 1/11/19)
- Administration Estimates Michigan Economic and Revenue Outlook FY2018-19; FY2019-20; FY2020-21 (Posted 1/11/19)
- Combined Economic and Revenue Forecasts FY2019; FY2020; FY2021 (Posted 1/11/19)
- IHS Markit — Anticipating the Next Recession – A Probabilistic Approach (Posted 1/11/19)
- RSQE — The US and Michigan Economic Outlook and State Revenue Estimates for 2019-2021 (Posted 1/11/19)
- Consensus Revenue Agreement Executive Summary January 11, 2019 (Posted 1/11/19)
- HFA Estimated Year End Balance Sheet FY2017-18; FY2018-19; FY2019-20 (Posted 1/11/19)
- Agenda
- Michigan’s Economic Outlook and Budget Review – December 2018 (Posted 1/2/19)
- HFA-Economic Outlook & Revenue Estimates for MI – FY18-19 through FY20-21 (Posted 1/10/19)
- Consensus Revenue Agreement Executive Summary May 15, 2018 (Posted 5/16/18)
- Estimated Pupil Membership FY2017-18; FY2018-19; FY2019-20 (Posted 5/16/18)
- HFA Estimated Year End Balance Sheet FY2017-18; FY2018-19; FY2019-20 (Posted 5/16/18)
- Combined Economic and Revenue Forecasts FY2018; FY2019; FY2020 (Posted 5/16/18)
- Administration Estimates Michigan Economic and Revenue Outlook FY2017-18; FY2018-19; FY2019-20 (Posted 5/16/18)
- SFA — Michigan’s Economic Outlook and Budget Review for FY 2017-18, FY 2018-19, and FY 2019-20 (Posted 5/15/18)
- Transmittal of Senate Fiscal Agency’s Economic Outlook and Budget Review (Posted 5/15/18)
- HFA — May 2018 Economic Outlook and Revenue Estimates for Michigan — FY 2017-18 Through FY 2019-20 (Posted 5/15/18)
- RSQE — The US and Michigan Economic Outlook and State Revenue Estimates for 2018-2020 (Posted 5/16/18)
- Michigan Automotive Industry Update – Center for Automotive Research (Posted 5/16/18)
- Estimates of Medicaid and Human Services Caseloads and Expenditures (Posted 5/16/18)
- Prisoner Population Projections (Posted 5/16/18)
- Agenda
- Invitation
- Consensus Revenue Agreement Executive Summary January 11, 2018 (Posted 1/11/18)
- Estimated Pupil Membership FY2017-18; FY2018-19; FY2019-20 (Posted 1/11/18)
- HFA Estimated Year End Balance Sheet FY2017-18; FY2018-19 (Posted 1/11/18)
- Combined Economic and Revenue Forecasts FY2018; FY2019; FY2020 (Posted 1/11/18)
- Administration Estimates Michigan Economic and Revenue Outlook FY2017-18; FY2018-19; FY2019-20 (Posted 1/11/18)
- RSQE — The US and Michigan Outlook for 2018-2020 (Posted 1/11/18)
- IHS Markit US Economic Outlook (1/11/18)
- HFA — Economic Outlook and Revenue Forecast January 2018 (Posted 1/10/18)
- CREC Agenda for 1/10/18 (Posted 1/9/18)
- SFA Michigan’s Economic Outlook and Budget Review FY 2016-17, FY 2017-18, FY 2018-19, and FY 2019-20 December 20, 2017 (Posted 12/21/17)
- SFA Summary of May 2017 CREC Final Agreement (Posted 5/22/17)
- HFA Summary of May 2017 CREC Final Agreement (Posted 5/22/17)
- Consensus Revenue Agreement Executive Summary May 17, 2017 (Posted 5/17/17)
- Estimated Pupil Membership FY2016-17; FY2017-18; FY2018-19 (Posted 5/17/17)
- HFA Estimated Year End Balance Sheet FY2016-17; FY2017-18 (Posted 5/17/17)
- Combined Economic and Revenue Forecasts FY2017; FY2018; FY2019 (Posted 5/17/17)
- Administration Estimates Michigan Economic and Revenue Outlook FY2016-17; FY2017-18; FY2018-19 (Posted 5/17/17)
- RSQE — The US and Michigan Outlook for 2017-2019 (Posted 5/17/17)
- W.E. Upjohn Institute – Will the Post-Recession Labor Market Constrain Economic Growth? (Posted 5/17/17)
- SFA — Michigan’s Economic Outlook and Budget Review FY2016-17, FY2017-18, and FY2018–19 (Posted 5/17/17)
- HFA — Economic Outlook and Revenue Forecast May 2017 (Posted 5/16/17)
- Official Notice of the Conference (Posted 5/15/17)
- Consensus Revenue Agreement Executive Summary January 12, 2017 (Posted 1/12/17)
- Estimated Pupil Membership FY2016-17; FY2017-18; FY2018-19 (Posted 1/12/17)
- HFA Estimated Year End Balance Sheet FY2016-17; FY2017-18 (Posted 1/12/17)
- Combined Economic and Revenue Forecasts FY2017; FY2018; FY2019 (Posted 1/12/17)
- Administration Estimates Michigan Economic and Revenue Outlook FY2016-17; FY2017-18; FY2018-19 (Posted 1/12/17)
- RSQE – The US and Michigan Outlook for 2017-2019 (Posted 1/12/17)
- IHS Markit – US Economic Outlook (Posted 1/12/17)
- Consensus Revenue Estimates for FY 2016-17, FY 2017-18, and FY 2018-19 and School Aid Foundation Allowance Index Estimate for FY 2017-18 (Posted 1/12/17)
- Consensus Revenue Year-End Balance Estimates (Posted 1/12/17)
- House Fiscal Agency’s Economic Outlook and Revenue Estimates FY2016-17 thru 2018-19 (Posted 1/11/17)
- Agenda
- Senate Fiscal Agency’s Michigan’s Economic Outlook and Budget Review (Posted 12/20/16)
- Official Notice of the Conference (Posted 1/3/17)