Revenue Forecasting

The State of Arizona Department of Transportation (ADOT) is seeking a qualified consultant to create new, risk-based revenue forecasting models for the Arizona Highway User Revenue Fund (HURF) and the Maricopa County Transportation Excise Tax (Excise Tax). The models will be used to produce revenue forecasts for 25 fiscal years into the future by revenue category. The consultant will also facilitate a Risk Analysis Process (RAP) meeting and accommodate other potential economic and financial research projects. The scope of work includes creating multiple equations that will be re-specified and re-estimated annually. • The consultant will be responsible for creating new revenue forecasting models • The consultant will facilitate a Risk Analysis Process (RAP) meeting • The consultant will accommodate other potential economic and financial research projects • The scope of work includes creating multiple equations that will be re-specified and re-estimated annually