Video & Transcript Research : 'Meteorological forecasting'
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TX
Transcript Highlights:
- So if you just looked at what we did in the forecast last year, we showed a forecast of about 140-150
- So looking at the way that we model and forecast - forecasting load, forecasting weather.
- Weather forecasting has become integral to really being able to forecast the amount of supply that's
- That's going to be the 2026 load forecast.
- Geren, as you know, was largely about the forecast of getting ahead of the forecast of demand in the
MN
Transcript Highlights:
- <00:10:03.320>
um inherently included in the forecast um inherently included in the forecast - <00:10:43.120>
even that most recent kind of forecast even that most recent kind of forecast - November and February forecasts.
- 45.920>
forecasts <01:34:46.920>but <01:34:47.080>the November and February forecasts - year budget and economic forecast year budget and economic forecast however<01:35:08.080>
after
Bills:
HF3
MN
Minnesota 2025-2026 Regular Session
Committee on State and Local Government - 02/18/25
State and Local Government
Transcript Highlights:
- <00:03:56.079>
uh annual budget and economic forecasts uh annual budget and economic forecasts - imp of this change would reduce forecast imp of this change would reduce forecast general<00:15:
- When we do the forecast, the forecast is really based on current state law.
- <00:26:18.200>
the um uh the when we do the forecast the um uh the when we do the forecast - >
on <00:26:19.480>current forecast is really based on current forecast is really based
WA
Washington 2025-2026 Regular Session
Joint Committee on Employment Relations May 8th, 2026
Joint Committee on Employment Relations
Transcript Highlights:
- And that usually doesn't happen until that June forecast comes out, which I believe is, I think I have
- Our director is certainly looking at that November forecast, and then of course we have a February forecast
- As we said, we're looking at that four-year forecast.
- So just on some of those dates, the next caseload forecast will be June 11.
- The transportation revenue forecast will be June 22, and the general revenue forecast will be June 26
Summary:
The Joint Committee on Employment Relations met on May 8, 2026, to review goals and objectives for the 2027–2029 master collective bargaining cycle and to hear updates on higher education and Washington Management Service bargaining. OFM’s Jenny Sheehan outlined the state workforce, noting that most employees are represented, the workforce remains heavily governed by civil service rules and CBAs, and the state is entering bargaining under a constrained hiring and budget environment. She described the bargaining timeline, the role of the June revenue forecasts in determining whether targeted compensation increases can be funded, and the state’s goals of affordability, maintaining labor relations, supporting equity, and addressing non-economic issues such as AI use, leave, immigration-related workplace concerns, and union access in a hybrid work environment.
Sheehan also reviewed the 2025–2027 bargaining cycle, including the prior WPEA ratification issue and the requirement that tentative agreements be submitted by October 1 for financial feasibility review and possible legislative funding. She said the 2025–27 agreements cost about $1.2 billion in general funds and $1.7 billion total, excluding the later-funded WPEA agreements. In response to a question, she explained that paid family and medical leave is not bargained over directly because it is governed by statute and ESD rules. She then presented on Washington Management Service bargaining, explaining that only certain WMS employees are eligible to bargain, that representation remains small, and that current WMS contracts are handled through addenda to existing agreements. She also described interest arbitration for certain groups, including ferries and public safety-related employees, and said arbitration awards still must be financially feasible and submitted by October 1.
The committee also heard from Western Washington University and the University of Washington on higher education bargaining. Western described its locally bargained contracts, the importance of local bargaining for workload, tenure, grievance, and safety issues, and the impact of the state fund split on budget planning. Western said it has no state funding for student compensation and has requested inclusion of student employees in the wage base. UW outlined its large workforce and the different bargaining frameworks under RCW 41.56 and 41.80, emphasizing that state funding and tuition make up only a portion of its budget and that the fund split and health care cost increases significantly affect compensation planning. UW also highlighted its request for state funding for academic student employee compensation, saying rising costs are reducing the number of positions and affecting class sizes and the academic pipeline. No votes were taken, and the meeting adjourned after members discussed the upcoming bargaining and arbitration timelines.
MN
Minnesota 2025-2026 Regular Session
House State Government Finance and Policy Committee 3/10/26
State Government Finance and Policy
Transcript Highlights:
- Chair members, so in some regards, the forecast does check the current spending and especially on forecasted
- expense for kind of those forecasted expense for kind of those forecasted programs.<01:06:44.080
- Um those within forecasted programs.
- <01:06:53.480>
going forecasted programs are inherently going forecasted programs are inherently - review things that we either forecasted review things that we either forecasted myself<01:09:12.160
Keywords:
payment transparency, public contracts, contractor rights, government accountability, construction payments, barbering, licensing, examinations, barber schools, public safety, certifications, Barber Examiners Board, data transparency, Legislative Budget Office, state agencies, fiscal notes, public data, standard time, federal law, time zone
TX
Transcript Highlights:
- Gleason: Forecast of about 140-150GW by 2031-ish.
- So looking at the way that we model and Pablo: Forecast forecasting, load forecasting, weather forecasting
- We're going to have a new forecast ready to publish as early as next week.
- Actually, that's going to be the 2026 load forecast. Mr.
- Geren, as you know, was Brian Lloyd: largely about the forecasts of getting ahead of the forecast of
Summary:
The Committee on State Affairs convened to discuss data centers and their impact on Texas's energy infrastructure. The meeting featured testimony from key representatives of the Public Utility Commission (PUC) and ERCOT, who outlined the evolving landscape of energy generation and the challenges posed by the rapid growth of data centers. Notably, ERCOT reported over 450,000 MW of generation resources planned for connection, with a significant portion attributed to data centers, which now represent around 87% of new large load interconnection requests.
The committee explored proposed changes to the interconnection process, including a new 'batch study' approach aimed at streamlining the approval of multiple projects simultaneously. This change is intended to address the challenges of managing numerous simultaneous requests and to provide more certainty for developers regarding their energy needs. Testimonies emphasized the importance of ensuring that the costs of infrastructure upgrades are borne by the data centers rather than residential ratepayers, with discussions around the financial commitments required from developers.
Several data center developers also provided testimony, highlighting the economic benefits of their projects, including job creation and increased local revenues. They expressed concerns about the potential for a moratorium on future growth due to the new interconnection rules and emphasized the need for a collaborative approach to address water usage and environmental impacts. The committee plans to continue discussions on these topics in future hearings, with a focus on balancing economic growth with energy reliability and resource management.
NM
New Mexico 2025 Regular Session
IC - Legislative Education Study Sep 4th, 2025
Transcript Highlights:
- When we prepared this revenue forecast, we actually started in July.
- They were making assumptions, but they have to get out their forecasts ahead of time.
- If you look at the forecast, it's downgraded.
- So a large source of volatility for us here in the corporate income tax forecast.
- Our forecasting models are being actively reviewed and improved.
MN
Transcript Highlights:
- In the February debt capacity forecast, In the February debt capacity forecast, the<00:51:20.160>
- , In the February debt capacity forecast, In the February debt capacity forecast, this<00:52:30.240
- ,<00:58:43.839>
MMB Within the debt capacity forecast, MMB Within the debt capacity forecast - Chair, Representative Skraba, I are you wondering about the forecast change in terms of the forecast
- forecast change in terms of the forecast forecast change in terms of the forecast no<01:10:08.960
ND
North Dakota 2025-2026 Regular Session
Water Topics Overview Committee Mar 26th, 2026
Transcript Highlights:
- We are showing that we were a little over $5 million below forecast.
- First, we built a flexible financial model, grounded in the legislative forecast, to forecast funding
- So now let's look at what the model shows under the current policy and forecast.
- current policy and forecast.
- That is on Exhibit B, the peak day forecast.
Summary:
The Water Topics Overview Committee met with a quorum and received updates from the Department of Water Resources and the State Water Commission, followed by presentations from Deloitte on two legislative studies required by House Bill 1020. Director Reese Haas reviewed major project and budget updates, including the Northwest Area Water Supply and Southwest Pipeline projects, Resources Trust Fund balances, carryover spending, project prioritization, bid conditions, regional water system coverage, and department process improvements. Members also discussed how the commission prioritizes projects, maintenance expectations, and the impact of limited municipal water supply funding. No formal committee action was taken during the DWR update; the commission’s municipal funding decisions were described as pending its April 8 meeting.
Deloitte then presented the cost-share policy study, which found that under current policy and forecasted revenues, North Dakota faces an estimated $1.3 billion shortfall over 14 years, with a near-term gap of about $1.8 billion through 2031. The firm outlined seven recommended options, including tighter definitions and a 25% cost share for eligible replacement projects, caps and financing strategies for the Mouse River and Red River Valley projects, aligning cost share with commission priority guidance, delaying lower-priority projects, using available lines of credit, and adjusting reimbursement timing for revolving loan funds. Committee members questioned inflation assumptions, affordability, user fees, and the use of legacy fund earnings for bonding, but no decisions were made.
In the governance and finance study, Deloitte said final recommendations are still being refined, with a final report due May 29. The study examined the Southwest Pipeline, NAWS, and Red River Valley systems using governance and finance criteria such as decision authority, transparency, affordability, risk, and access to funding. For Southwest, Deloitte outlined options ranging from improved state-authority coordination to transferring ownership to the Southwest Water Authority; for NAWS, options focused on strengthening the authority’s role and potentially transitioning operations and maintenance; and for Red River, options ranged from enhanced facilitation to formal state oversight or state ownership. Members asked follow-up questions about ownership transfer, capital repayment streams, and why NAWS was not considered for transfer, and Deloitte said NAWS’s limited organizational maturity made that option less viable in the near term.
MN
Transcript Highlights:
- In the February debt capacity forecast, In the February debt capacity forecast, this<01:08:38.560>
- And it doesn't tell us what that does to the debt forecast, debt capacity forecast in out years if we
- the debt forecast, debt capacity forecast<01:28:43.360>
in <01:28:43.600>out <01:28:43.760 - I know we have it published in the debt capacity forecast. Let me flip there quick.
- Um >> capacity<01:30:49.920>
forecast.
MN
Minnesota 2025-2026 Regular Session
House Health Finance and Policy Working Group 1/15/25
Minnesota House Floor Meeting
Transcript Highlights:
- forecast.
- is that the taxes under the forecast is that the taxes will<00:07:55.800>
yield <00:07:56.520> - expenditures uh following the forecast expenditures uh following the November November November forecast
- um a huge chunk of of it does forecast um a huge chunk of of it does go<00:08:34.839>
to <00:08 - There is a spreadsheet that’s titled November 2024 forecast and it’s dated January 14, 2025, at 3:04
Summary:
The meeting was an informational walkthrough for the Health Finance and Policy Working Group, focused on committee structure, budget basics, and major health-related accounts and programs. Staff explained the roles of House Research and House Fiscal, then reviewed key funds used by the committee, including the general fund, government special revenue fund, federal funds, the health care access fund, remediation account, and drinking water revolving fund. They also outlined the committee’s main budget areas, noting that medical assistance is the largest general fund item and that the Department of Health is a substantial agency funded by a mix of federal, general fund, and special revenue dollars.
A major portion of the presentation covered subsidized health coverage programs. Staff described Medical Assistance (Minnesota’s Medicaid program) as an entitlement for eligible Minnesotans, with no premiums or cost sharing, and explained its managed care and fee-for-service delivery systems. MinnesotaCare was presented as a separate federal-state basic health program for people who are not eligible for MA, with income limits, premiums for adults age 21 and older, and cost-sharing requirements; staff noted that federal premium tax credit changes affect MinnesotaCare premium ranges. The presentation also summarized MNsure’s role in the individual market and in determining eligibility for premium tax credits, cost-sharing reductions, MinnesotaCare, and MA.
The committee also received an overview of health-related licensing boards and occupational regulation. Staff said Minnesota has 16 health-related licensing boards, funded mainly through the state government special revenue fund and subject to legislative appropriation, and explained that health occupations may be regulated by the Department of Health, the Office of Emergency Medical Services, or the boards under chapter 214. Interstate licensure compacts were briefly noted as a way to ease practice across states. No bills were debated and no votes or formal actions were taken during the meeting.
MN
Minnesota 2025-2026 Regular Session
Preview of the Senate’s 2026 Session – Minority Leader Mark Johnson Feb 16th, 2026
Minnesota Senate Floor Meeting
Transcript Highlights:
- Uh, one of the things that that hinges on is what the February forecast for our state budget looks like
- Along those lines, you know, MMB released its November forecast and it reflected the work that you guys
- for our state what the February forecast for our state budget<00:04:41.360>
looks <00:04:41.680 - <00:05:02.479>
and <00:05:02.720>it released its November forecast and it released - its November forecast and it reflected<00:05:03.360>
the <00:05:03.600>work <00:05:03.759
TX
Texas 89th 2nd C.S.
Ways & Means
Transcript Highlights:
- Gleason: Forecast of about 140-150GW by 2031-ish.
- So looking at the way that we model and Pablo Vegas: Forecast forecasting, load forecasting, weather
- forecasting has become integral to really being able to forecast the amount of supply that's going to
- We're going to have a new forecast ready to publish as early as next week.
- Actually, that's going to be the 2026 load forecast. Mr.
MN
Minnesota 2025 1st Special Session
House Public Safety Finance and Policy Committee 4/8/25
Public Safety Finance and Policy
Transcript Highlights:
- On line 207, you see the base that was in the February forecast.
- On line 207, you see the base that was in the February forecast.
- On line 207, you see the base that was in the February forecast.
- On line 207, you see the base that was in the February forecast.
- Uh and madame chair February forecast.
MN
Minnesota 2025 1st Special Session
House Human Services Finance and Policy Committee 2/27/25
Human Services Finance and Policy
Transcript Highlights:
- is about 4.78% per year current forecast is about 4.78% per year on<00:20:41.039>
average <00: - would need to um the vbr or the forecast would need to have<00:23:39.840>
an <00:23:39.960> - He asked for an idea of how they are tracking versus what the original forecast was from the board.
- to for to um do the the final forecast to for to um do the the final estimate<00:37:44.079>
off - when we redid the November forecast when we redid the estimate<00:37:48.560>
it <00:37:48.760> - when we redid the November forecast when we redid the estimate<00:37:48.560>
MN
Minnesota 2025 1st Special Session
Growing Minnesota’s Economy – Senator Rich Draheim May 5th, 2025
Minnesota Senate Floor Meeting
Transcript Highlights:
- kind of a tough sell right now, considering where the state is economically and with our budget forecast
- Were you concerned that that forecast would impact the progress of this bill or other initiatives like
- Were you concerned that that forecast.
- >
the <00:03:44.480>progress <00:03:44.799>of forecast would impact the progress - of forecast would impact the progress of this<00:03:45.280>
bill <00:03:45.440>or <00:03
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 4 on Climate Crisis, Resources, Energy, and Transportation Apr 9th, 2025
Transcript Highlights:
- The CEC prepares a forecast for the state, and that is a forward-looking forecast that then is taken
- We review the utilities' forecasted expenditures on a going-forward basis, starting with a test year
- We do have some cases where costs are somewhat uncertain, and so they're not approved as forecasts, and
- So a forecast happens within a general rate case, then utilities spend toward that forecast, and then
- work, so they're looking at historicals to help assess what the forecast should be.
Summary:
The hearing was an informational budget session on energy agency proposals, with no votes taken. Early discussion focused on Proposition 4 climate bond implementation, including funding for demand-side grid support, offshore wind development, and transmission financing. The Department of Finance said the budget includes allocations for demand-side grid support and offshore wind, but not yet for the $325 million transmission financing piece pending a required study. The Legislative Analyst’s Office urged the Legislature to consider whether to wait on offshore wind funding, whether to keep shifting funds into demand-side grid support, and how to direct future transmission financing. Members also raised concerns about local technical assistance for offshore wind, Salton Sea priorities, and the need for more information before final decisions.
The California Energy Commission and CPUC then reviewed the broader energy package. The CEC highlighted the demand-side grid support program’s growth, distributed energy backup assets, long-duration storage, hydrogen grants, and the SIRP clean energy reliability program. CPUC testimony emphasized affordability, wildfire mitigation costs, rooftop solar cost shifts, and efforts to reduce rates while maintaining reliability and clean energy goals. Members questioned CPUC staffing, delays in proceedings, coordination with the CEC and CAISO, and the impact of rate increases on customers. The agencies also discussed the AB 3264 transmission financing study, with CPUC saying work on the study had already begun and was on track for the July 1 deadline.
Several trailer bill and implementation items were also discussed. The committee reviewed a proposal to extend the Deaf and Disabled Telecommunications Program surcharge, with members split over whether it should be handled in budget trailer bill language or policy legislation; the administration said the surcharge supports a critical program serving about three-quarters of a million Californians. The committee also heard a CPUC data-sharing proposal to allow nondisclosure agreements for transmission and reliability data, which members generally supported as a technical fix. DWR explained a proposal to clarify language for the Electricity Supply Strategic Reliability Reserve so it can potentially sell three gas-fired units it owns, and the CEC presented a federal transmission grant proposal tied to grid-enhancing technologies and ratepayer cost recovery. Finally, the committee discussed California Lifeline and possible broadband pilot reforms in light of uncertainty around federal Universal Service Fund support, with CPUC saying it is exploring a statewide standalone broadband option for eligible customers.
MN
Transcript Highlights:
- <00:03:19.519>
for proposed in the February forecast for proposed in the February forecast - And then in columns K and L forecast.
- change from the forecasted amount. change from the forecasted amount.
- <00:26:12.240>
in $2 million from the February forecast in $2 million from the February forecast - The forecast article adjusts the fiscal year 2025 forecasted appropriations so that they match what was
WA
Washington 2025-2026 Regular Session
Joint Committee on Employment Relations Nov 21st, 2025
Joint Committee on Employment Relations
Transcript Highlights:
- The June forecast is fundamental to bargaining, and it drives all of our financial proposals.
- So once the June forecast comes out, then we meet with our leadership to...
- So while we rely on the June forecast, certainly the September forecast is going to factor into the feasibility
- of the contracts, as well as the November forecast.
- That November economic and revenue forecast comes out, and then again that assessment is made.
Summary:
The Joint Committee on Employment Relations met for work sessions on supplemental bargaining for Washington Public Employees Association (WPEA) agreements in general government and higher education, followed by an overview of the collective bargaining process. OFM staff explained that bargaining for the 2025-27 biennium began in 2024, reached tentative agreements, was not ratified in time for the October 1 deadline, resumed, and ultimately produced ratified agreements in August 2025 that were submitted for financial feasibility review under RCW 41.80.010. Staff outlined the tentative agreements’ costs and covered employee counts, including roughly 2,500 FTEs in general government and 2,100 in higher education, with estimated 2025-27 total fund costs of about $22.25 million and $13.5 million respectively.
Staff then gave a broader briefing on how state collective bargaining works, including the bargaining calendar, the role of class and compensation review, the June revenue forecast, interest arbitration, and the October 1 submission deadline. They described the groups OFM bargains for, including general government, higher education, health care coalitions, and certain non-state provider groups such as adult family home providers, child care providers, and language access providers. In response to a question from Senator King, staff said the legislature requires bargaining for those non-state provider groups and has also provided interest arbitration for them. Staff also discussed bargaining priorities such as general wage increases, targeted classification adjustments, recruitment and retention, low-wage worker increases, and maintaining the health care premium split.
In executive session, the committee voted to keep the current co-chairs, Senator Robinson and Representative Couture, through 2026. Members also voted to recognize that the committee met twice in 2025 and to set the 2026 meeting schedule at two meetings. The motions passed without opposition, and the meeting adjourned.
MN
Minnesota 2025-2026 Regular Session
Governor Tim Walz Media Availability 3/6/25
Minnesota House Floor Meeting
Transcript Highlights:
- Now, with this forecast from today, what can we expect to see?
- the Federal you've got the forecast the Federal you've got the forecast showing<00:10:30.760>
- Do you do more forecasts? And obviously we had this question.
- Do you do more forecasts? And obviously we had this question.
- Do you do more forecasts? And obviously we had this question. No, not necessarily.