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			align="center">CONSENSUS REVENUE ESTIMATING CONFERENCE - May 19, 2023
		</h3>

<!--				<h5 style="background-color: #bbbbbb; padding: 5px 2px 6px 2px; border-radius: 5px 5px 5px 5px; box-shadow: 0px 0px 10px 4px rgba(119, 119, 119, 0.75);" align="center">				
					<p style="margin-left: 10%; margin-right: 10%;">A Consensus Revenue Estimating Conference will convene at 9:00 a.m. on Friday, May 21. This conference will be broadcast on the internet to be consistent with social distancing recommendations and to ensure the meeting is open to the public.</p>
					<p style="margin-left: 10%; margin-right: 10%;">Mary Ann Cleary, Director of the House Fiscal Agency, will serve as chair of the conference.  The other conference principals include Rachael Eubanks, State Treasurer, and Christopher Harkins, Director of the Senate Fiscal Agency.</p>
					<p style="margin-left: 10%; margin-right: 10%;">The agenda for the May 21st Consensus Revenue Estimating Conference will be sent in a future email.</p>
					<p style="margin-left: 10%; margin-right: 10%;">If you have any questions regarding the conference, please contact Mary Ann Cleary at 373-8080 or mcleary@house.mi.gov.</p>
				</h5>
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				<h5 style="background-color: #bbbbbb; padding: 5px 2px 6px 2px; border-radius: 5px 5px 5px 5px; box-shadow: 0px 0px 10px 4px rgba(119, 119, 119, 0.75);" align="center">				
					SFA CREC Memos
					<ul id="list" style="list-style-type:disc; line-height:1.6; text-align: left;">
						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/CRECMay2023/CRECmay2023Memo.pdf" class="glow">May 2023 Consensus Revenue Estimating Conference Memo - April 26, 2023</a></li>
					</ul>
				</h5>				
			
				<h5 style="background-color: #bbbbbb; padding: 5px 4px 6px 2px; border-radius: 5px 5px 5px 5px; box-shadow: 0px 0px 10px 4px rgba(119, 119, 119, 0.75);" align="center">
					Watch the Conference Live Online
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						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/CREC_Agenda.pdf" class="glow">CREC Agenda</a></li>
						<li><a target="_blank" href="https://cloud.castus.tv/vod/misenate" class="glow">Senate TV</a></li>
						<li><a target="_blank" href="https://www.house.mi.gov/" class="glow">House TV</a></li>
					</ul>
				</h5>

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					Principal Participating Department/Agency Websites
					<ul id="list" style="list-style-type:disc; line-height:1.6; text-align: left;">
						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/" class="glow">Senate Fiscal Agency</a></li>
						<li><a target="_blank" href="https://house.mi.gov/hfa" class="glow">House Fiscal Agency</a></li>
						<li><a target="_blank" href="https://www.michigan.gov/budget/" class="glow">State Budget Office/DTMB</a></li>
						<li><a target="_blank" href="https://www.michigan.gov/treasury/" class="glow">Department of Treasury</a></li>
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					CREC Presentation Documents</a>
					<ul id="list" style="list-style-type:disc; line-height:1.6; text-align: left;">
						
<!--						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/NotYetAvailable.pdf" class="glow">RSQE Presentation</a></li> -->
						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/CRECMay2023/CREC_RSQE_May2023.pdf" class="glow">RSQE Presentation</a></li>
						

<!--						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/NotYetAvailable.pdf" class="glow">Michigan Demographic Trends</a></li> -->
						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/CRECMay2023/Michigan_Demographics_CREC_May2023.pdf" class="glow">Michigan Demographic Trends</a></li>

<!--						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/NotYetAvailable.pdf" class="glow">Moody's Presentation</a></li>
						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/CRECMay2023/Moodys_CREC_May2023.pdf" class="glow">Moody's Presentation</a></li> -->
						

<!--			NEW MAY-2022 (NOT MAY-2023) Pupil Count & Child Care Caseloas Presentation (replaces two individual summaries)
<!--						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/NotYetAvailable.pdf" class="glow">Pupil Count and Child Care Caseload Presentation</a></li>
						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/CRECMay2023/CREC_PupilCount_CDCcaseloads_Presentation_May2023.pdf" class="glow">Pupil Count & Child Care Caseload Presentation</a></li> -->
						
<!--						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/NotYetAvailable.pdf" class="glow">Pupil Count Presentation</a></li> -->
						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/CRECMay2023/PupilCounts_Handouts_May2023.pdf" class="glow">Pupil Count Presentation</a></li>
						
<!--						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/NotYetAvailable.pdf" class="glow">Child Care Caseload Presentation</a></li> -->
						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/CRECMay2023/CDC_Caseloads_May2023.pdf" class="glow">Child Care Caseload Presentation</a></li>

<!--						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/NotYetAvailable.pdf" class="glow">DHHS Caseload Presentation</a></li> -->
						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/CRECMay2023/DHHS_Caseload_Consensus_CREC_May2023.pdf" class="glow">DHHS Caseload Presentation</a></li>


						
<!--						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/NotYetAvailable.pdf" class="glow">Joint Economic/Revenue Presentation</a></li> -->
						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/CRECMay2023/JointPresentation_5-19-2023_Final.pdf" class="glow">Joint Economic/Revenue Presentation</a></li>
						

<!--			STAFF REC NOT USED - MAY CREC
						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/NotYetAvailable.pdf" class="glow">Staff Recommendation Executive Summary: Economics/Revenue</a></li>
						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/CRECMay2023/Staff_Recommendation_Final.pdf" class="glow">Staff Recommendation Executive Summary: Economics/Revenue</a></li> -->


<!--						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/NotYetAvailable.pdf" class="glow">CREC Agreement Executive Summary: Economics/Revenue</a></li> -->
						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/ConsensusRevExecSumMay23.pdf" class="glow">CREC Agreement Executive Summary: Economics/Revenue</a></li>

					</ul>
				</h5>
																																																					
				<h5 style="background-color: #bbbbbb; padding: 5px 2px 6px 2px; border-radius: 5px 5px 5px 5px; box-shadow: 0px 0px 10px 4px rgba(119, 119, 119, 0.75);" align="center">				
					CREC Summary and Estimate Documents
					<ul id="list" style="list-style-type:disc; line-height:1.6; text-align: left;">
																																																										
<!--						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/NotYetAvailable.pdf" class="glow">Consensus Revenue Executive Summary</a></li>
						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/NotYetAvailable.pdf" class="glow">Detail of Consensus Revenue Estimates</a></li>
						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/NotYetAvailable.pdf" class="glow">Consensus Revenue Year-End Balance Estimates</a></li> -->
 																																																					
						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/ConsensusRevExecSumMay23.pdf" class="glow">Consensus Revenue Executive Summary</a></li>
						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/ConsensusRevEstimatesMay23.pdf" class="glow">Detail of Consensus Revenue Estimates</a></li>
						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/ConsensusYearEndBalanceMay23.pdf" class="glow">Consensus Revenue Year-End Balance Estimates</a></li>
																																																					
					</ul>
				</h5>
																																																								
				<h5 style="background-color: #bbbbbb; padding: 5px 4px 6px 2px; border-radius: 5px 5px 5px 5px; box-shadow: 0px 0px 10px 4px rgba(119, 119, 119, 0.75);" align="center">
					Economic Forecasts
					<ul id="list" style="list-style-type:disc; line-height:1.6; text-align: left;">
																																																					
<!--						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/NotYetAvailable.pdf" class="glow">RSQE - Economic Outlook and Executive Summary</a></li>
						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/CRECMay2023/RSQE_Executive_Summary_May_2023.pdf" class="glow">RSQE - Economic Outlook and Executive Summary</a></li> -->
																																																					
<!--						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/NotYetAvailable.pdf" class="glow">Administration - Economic and Revenue Outlook</a></li> -->
						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/CRECMay2023/Admin_Economic_Revenue_Outlook051923.pdf" class="glow">Administration - Economic and Revenue Outlook</a></li>
																																																					
<!--						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/NotYetAvailable.pdf" class="glow">HFA - Economic Outlook and Revenue Estimates</a></li> -->
						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/CRECMay2023/HFA_Economic_Outlook_and_Revenue_Estimates_May2023.pdf" class="glow">HFA - Economic Outlook and Revenue Estimates</a></li>
																																																							
<!--						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/NotYetAvailable.pdf" class="glow">SFA - Economic Outlook and Budget Review</a></li> -->
						<li><a target="_blank" href="https://www.senate.michigan.gov/sfa/Publications/BudUpdates/EconomicOutlookMay23.pdf" class="glow">SFA - Economic Outlook and Budget Review</a></li>
						
					</ul>
				</h5>
				
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