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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.”

State & local government taxes per capita

Washington state & local government taxes per capita

Inflation-Adjusted to 2020 Dollars

Fiscal Year

Taxes per capita
(Inflation-Adjusted to 2018 Dollars)