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May May 1 3

Invitation Only: 2024 NCSL Budget Stress Testing Workshop

  • Wednesday, May 1, 2024
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The workshop is specifically designed for legislative fiscal staff familiar with revenue data from a select group of states to learn about stress testing methodologies and begin stress testing their state’s budget using a case-study approach. 

The goal of this workshop is for each attendee to understand the case-study approach to budget stress testing and use the approach to produce preliminary calculations which can be further refined as needed after the workshop. A finalized stress test report can then be used by policymakers and budget staff to inform reserves, contingencies, and other priorities.

This meeting is made possible through the generous support of The Pew Charitable Trusts.

May 1, 2024  

5:30-7:30 p.m. 

Succotash Prime 
915 F ST NW 
Washington, D.C. 

Welcome Reception  

May 2, 2024  

8:45-9:30 a.m.  

Alaska Conference Room Floor 4 

The Pew Charitable Trusts 

Check-in and Breakfast 

9:30-9:50 a.m. 

Welcome | Introductions  

9:50-10:50 a.m. 

Overview of the Case Study Approach  

10:50-11:05 a.m. 


11:05-11:40 a.m. 

Identifying Revenue Sources  

11:40 a.m.-12:30 p.m. 

Analyzing Revenue Performance for Forward-Looking Simulations  

12:30-1:30 p.m. 


1:30-2:40 p.m.  

Calculating a Revenue Baseline or Comparison Point 

2:40-2:55 p.m. 

Snack break 

2:55-3:25 p.m. 

Calculating the Recessionary Budget Gap 

3:25-4 p.m. 

Comparing Budget Gaps to Available Contingencies  

5-7 p.m.  

476 K St NW, Ste D 
Washington, D.C. 

Heavy reception  

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