Governor's Advisory Council on Revenue Estimates

Purpose

The Advisory Council on Revenue Estimates shall review the economic assumptions and the general economic climate of the Commonwealth and evaluate the validity of the revenue forecast.

Term

Pleasure of the Governor; legislative members shall serve terms coincident with their terms of office

Composition

The Joint Advisory Board of Economists (the Board) is established as an advisory board, within the meaning of § 2.2-2100, in the executive branch of state government for such purpose. The Board shall be chaired by the Secretary of Finance, and consist of the Staff Director of the House Committee on Appropriations, the Staff Director of the Senate Committee on Finance and Appropriations, and 15 nonlegislative citizen members, 12 to be appointed by the Governor, at least eight being citizens of the Commonwealth, and three by the Joint Rules Committee, at least two being citizens of the Commonwealth. The 15 nonlegislative citizen members of the Board shall (i) be economists from either the public or private sector; (ii) serve at the pleasure of the appointing authority; (iii) be citizens of the United States with at least 10 being citizens of the Commonwealth; (iv) have their vacancies filled in the same manner as the original appointments; and (v) not receive compensation for their services, but shall be reimbursed for all reasonable and necessary expenses for the performance of their duties as provided in §§ 2.2-2813 and 2.2-2825. Funding for the costs of expenses of the members shall be provided by the Department of Taxation. The Department of Taxation shall provide staff support. A majority of the members of the Board shall constitute a quorum. Meetings of the Board shall be held upon the call of the chairman or whenever a majority of the members so request.

Vacant Seats

No seats are available at this time. If you are interested in joining this board in the future, please submit an application here.

Current Board Members

Chad M. Eisele

Member of the General Public Membership expires at the pleasure of the Governor

Dennis Matheis

Member of the General Public Membership expires at the pleasure of the Governor

Mr. Warren M. Thompson

Member of the General Public Membership expires at the pleasure of the Governor

Mr. Neil Amin

Member of the General Public Membership expires at the pleasure of the Governor

Nancy Howell Agee

Member of the General Public Membership expires at the pleasure of the Governor

William G. Crutchfield

Member of the General Public Membership expires at the pleasure of the Governor

Kathy J. Warden

Member of the General Public Membership expires at the pleasure of the Governor

Mr. William I. Foster

Member of the General Public Membership expires at the pleasure of the Governor

Thomas Ransom

Member of the General Public Membership expires at the pleasure of the Governor

Jason Greene

Member of the General Public Membership expires at the pleasure of the Governor

CEO Robey W. Estes

Member of the General Public Membership expires at the pleasure of the Governor

Mr. Brian K. Fulton

Member of the General Public Membership expires at the pleasure of the Governor

William Kirk

Member of the General Public Membership expires at the pleasure of the Governor

Mark Hourigan

Member of the General Public Membership expires at the pleasure of the Governor

Mr. Thomas I. Barkin

Member of the General Public Membership expires at the pleasure of the Governor

Mr. Bryan H. Fairbanks

Member of the General Public Membership expires at the pleasure of the Governor

Mr Thomas Sinnickson Gayner

Member of the General Public Membership expires at the pleasure of the Governor