1.      2:00 p.m.      Call to Order/Approval of Minutes

2.      2:05 p.m.      Federal/Non-federal Grants and CARES Update

3.      2:15 p.m.      Economic Update
                       a. FY 2024 and FY 2025 Revenue Estimates
                       b. Current Revenue Estimates Compared to Long Term Trends
                       c. Revenue Volatility Analysis (36-12-13)
                       d. FY 2023 and FY 2024 Appropriations Limits

4.      2:40 p.m.      Obligations and Reserves

5.      2:50 p.m.      Public Education Base Budget Adjustments
                       a. Student enrollment growth, WPU inflationary adjustment, stabilization
                           account deposits, and updated Basic Rate revenues and estimates including                            the WPU Value Rate (53F-2-208, 53F-2-301, 53F-9-204)
                       b. Subcommittee interim study recommendations
                       c. Staff recommendations regarding statutory changes to implement reporting
                           deadlines for certain data used to develop annual enrollment growth cost
                           estimates and the calculation of WPUs

6.      3:10 p.m.      Medicaid Consensus Forecast

7.      3:15 p.m.      Subcommittee Allocations, Adjustments, and Funding Set-Asides

8.      3:20 p.m.      Compensation and ISF Funding Mix Exceptions

9.      3:25 p.m.      Adopt Base Budgets and Direct Preparation of Base Budget Bills

10. 3:30 p.m.      Other Business/Adjourn