The Legislature reconvened today to begin its 30 day special session amid questions as to when a final deal will be struck on the operating budget.
One question of interest is whether there’s interest in waiting for the next revenue forecast — slated to be released June 18. But a report of tax collections over the past month released this afternoon did little to suggest a game changing forecast is coming.
That report, found here, indicates tax collections since the March revenue forecast are up by $38 million, or 1.8 percent, after you discount for early property tax payments that artificially inflate receipts over the past month. The report cites improving housing and construction sectors but slowing growth in manufacturing.
As for the special session, there is little public activity planned for this week.