Fuller Appointed to Governor’s Advisory Board

Posted: August 6, 2002 at 1:00 am, Last Updated: November 30, -0001 at 12:00 am

By Elena Barbre

Stephen Fuller, professor of public policy, has been appointed to serve on the Governor’s Advisory Board of Economists, a group of experts that reviews and evaluates the economic forecasts used to develop the revenue estimates on which Virginia’s budget is based.

The board’s review encompasses economic assumptions and technical econometric methodology used to prepare the governor’s estimates of anticipated general and non-general fund revenues; assumptions and methodologies used to project general fund and non-general fund revenues for the current and future biennia; and the current and projected economic outlook for the commonwealth and the nation.

“I genuinely appreciate your willingness to serve on the Governor’s Advisory Board of Economists, and to lend your expertise toward making our economic and revenue projections as accurate as possible,” said Secretary of Finance John Bennett in his letter of appointment to Fuller. “The service of experts like you is one of the factors often cited by other states as one of the real strengths of Virginia’s revenue forecasting process.”

Fuller’s research on the changing economic structure of the Washington metropolitan area and the impact of the changing role of the federal government as a major source of new jobs and business activity within the overall economy has led to the development of a series of indicators that track the current and near-term performance of the area’s economy. He is director of the School of Public Policy’s Center for Regional Analysis and holder of the Dwight Schar Faculty Chair.

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