§ 35-16-5 - Staff support for meetings.
SECTION 35-16-5
§ 35-16-5 Staff support for meetings.– (a) The R.E.C. chairperson and his or her staff will be responsible forpreparing and distributing work papers before each conference. Each participantand principal will be responsible for providing the chairperson with theappropriate materials for the work papers on a schedule determined by thechairperson. Failure to meet this schedule shall be grounds, at thechairperson's option, to delay the conference.
(b) Work papers will include a side by side comparison of therevenue scenarios advocated by each of the principals. This analysis and itsside by side presentation will be completed in time to distribute to eachR.E.C. party at least one full day prior to the scheduled meeting date.
(c) The principals may request each participant to providethe R.E.C. chairperson and the remaining principals an independent revenueestimate and supporting information for each revenue source under theresponsibility of the participant's agency. This information should be providedon a schedule provided by the conference chairperson and will be included inthe conference comparison report.
(d) The principals may request that each participant shallnotify the R.E.C. chairperson of any prospective administrative changescontemplated by their respective agency which will affect the cash flow of anyrevenue source under consideration.
(e) For general revenue conferences, the principals shalladopt a consensus economic forecast upon which to base revenue estimates. Theprincipals shall obtain the services of economists and economic forecastservices as required for this purpose. The consensus economic forecast shall beavailable to each principal in a timely fashion for each principal to preparerevenue estimates.