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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.

Download the Budget Stress Testing Workshop Slide Deck


May 1, 2024  

5:30-7:30 p.m. 

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

Welcome Reception at Succotash Prime  

Succotash Prime is a five-minute walk from the hotel. Please meet in the hotel lobby by 5:15 p.m. if you’d like to walk together as a group. The reception will be held in the Hearth Room downstairs. Heavy hors d’oeuvres will be served.

May 2, 2024  

8:45-9:30 a.m.  

Alaska Conference Room Floor 4 

The Pew Charitable Trusts 

Check-in and Breakfast 

The Pew Charitable Trusts office is an eight-minute walk from the hotel. Please meet in the hotel lobby no later than 8:20 a.m. if you’d like to walk together as a group. 

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. 

Break 

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. 

Lunch 

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.  

dLeña
476 K St NW, Ste D 
Washington, D.C. 

Reception at dLeña 

DLeña is a 13-minute walk from the hotel. Please meet in the hotel lobby by 4:40 p.m. if you’d like to walk together as a group. The reception will be held in the Private Dining Room. Heavy hors d’oeuvres will be served. 

May 3, 2024  

8:45-9:30 a.m.  

Alaska Conference Room Floor 4 

The Pew Charitable Trusts 

Breakfast 

9:30-11 a.m. 

Review and Reflect on Results

11-11:15 a.m. 

Break 

11:15-11:45 a.m. 

Group Discussion: Contingencies and Rainy Day Funds   

11:45-12:30 p.m. 

Working Lunch | Wrap-Up

12:30 p.m.  

Workshop concludes 

Sponsors
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