Revenue collections and forecast continue to lag pre-pandemic levels
OLYMPIA – Washington’s projected Near General Fund revenue collections for the 2019–21 state budget have increased by more than $634 million, according to estimates released today by the Washington State Economic and Revenue Forecast Council.
But revenue collections and forecast remain below pre-pandemic levels
OLYMPIA – Washington’s projected Near General Fund revenue collections for the 2019–21 state budget have increased by more than $2.2 billion, according to estimates released today by the Washington State Economic and Revenue Forecast Council.
View operating budget requests that state agencies and higher education institutions have submitted to us for consideration in Gov. Inslee's 2021–23 biennial budget proposal:
OLYMPIA – Washington’s projected Near General Fund revenue collections for the 2019–21 state budget have decreased by nearly $4.5 billion, according to estimates released today by the Washington State Economic and Revenue Forecast Council.
“Forecasting right now is clouded by uncertainty around federal interventions, global pandemic trends and how quickly the economy responds if COVID19 wanes,” said Steve Lerch, forecast council executive director. “This update is our best attempt at capturing the decline in revenue sources using the best data we can assemble.”
Read how funds from the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act and American Rescue Plan (ARP) were allocated in Washington.
