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OLYMPIA – Washington’s projected Near General Fund revenue collections for the 2023–25 state budget have increased by $191 million to around $66.9 billion — about a 0.3% increase from the September 2023 projection, according to estimates released today by the Washington State Economic and Revenue Forecast Council.

This forecast also estimates the Near General Fund revenue for the following biennium (2025–27) at around $71.5 billion,...

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Inslee releases supplemental budget proposal including full funding of basic education by 2018 school year

Gov. Jay Inslee on Thursday released his 2018 supplemental budget, which adds nearly $1 billion to fully fund basic education in time for the 2018 school year and makes modest new investments for emerging and urgent needs such as tools to combat the opioid crisis, emergency preparedness, protection for endangered orcas and mental health.

State revenue forecast for 2017–19 budget inches upward

OLYMPIA – Washington’s projected Near General Fund revenue collections for the 2017–19 state budget have increased by nearly $319 million, according to estimates released today by the Washington State Economic and Revenue Forecast Council. The increased revenue estimate is a 0.7 percent increase over the previous forecast.

“The U.S. and Washington economies continue to perform largely as expected in our September forecast,” said Steve Lerch, forecast council executive director. “As a result, we have made relatively small adjustments in our forecast update.”

State revenue forecast for 2017-19 budget grows by $288 million

OLYMPIA – Washington’s projected Near General Fund revenue collections for the 2017–19 state budget have increased by about $288 million, according to estimates released today by the Washington State Economic and Revenue Forecast Council.

“The national economic trends we’ve identified in recent forecasts are holding relatively steady, while the state economy is slightly stronger than expected in June” said Steve Lerch, forecast council executive director. “This quarter’s update reflects these modest changes.”

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