The Board of Economic Advisors adopts a General Fund Revenue Forecast for each fiscal year. The initial forecast is adopted in November two years before the start of the fiscal year and is updated as needed until the close of that fiscal year. Each fiscal year file contains the history of revisions for that fiscal year's forecast.
Board of Economic Advisors adopts a Long Range General Fund Revenue Estimate pursuant to Section 11-11-350 of the S.C. Code of Laws, 1976. The Long Range Estimates provide a revenue forecast for an additional two fiscal years for incorporation into the three-year financial outlook for planning of long-term financial commitments. For the latest Three-Year Financial Outlook, click here.