Other pages about the topic: revenue forecast

Projected state revenue through 2029 down by $400M

OLYMPIA – Washington’s projected Near General Fund revenue collections through 2029 decreased by $400 million overall from the September 2024 forecast, according to estimates released today by the Washington State Economic and Revenue Forecast Council.

The forecast is comprised of revenue estimates for the current biennium (2023–25, which ends June 30, 2025), the next biennium (2025–27), and the subsequent biennium (2027–29).

Projected state revenue through 2029 down by $39 million

Washington’s projected Near General Fund revenue collections through 2029 decreased by $39 million overall from the June 2024 forecast, according to estimates released today by the Washington State Economic and Revenue Forecast Council.

The forecast is comprised of revenue estimates for the current biennium (2023–25), which ends June 30, 2025, the next biennium (2025–27) and the subsequent biennium (2027–29).

Projected collections for the 2023–25 state budget decreased by $49 million to just below $66.5 billion — about a 0.1% decrease from the June 2024 forecast.

State revenue projection for 2023–25 decreased by $477 million; 2025–27 down by $189 million

OLYMPIA – Washington’s projected Near General Fund revenue collections for the 2023–25 state budget decreased by $477 million to around $66.5 billion — about a 0.7% decrease from the February 2023 projection, according to estimates released today by the Washington State Economic and Revenue Forecast Council.

State revenue projection for 2023–25 increased by $122 million; 2025–27 up by $215 million

OLYMPIA – Washington’s projected Near General Fund revenue collections for the 2023–25 state budget increased by $122 million to around $67 billion — about a 0.2% increase from the November 2023 projection, according to estimates released today by the Washington State Economic and Revenue Forecast Council.

State revenue projection for 2023–25 increased by $191 million; 2025–27 up by $579 million

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.

State revenue projection for 2023–25 increased by $663 million; 2025-2027 increased by $437 million

OLYMPIA – The Washington State Economic and Revenue Forecast Council’s most recent forecast for Near General Fund revenue collections in the 2023-25 biennium increased by $663 million to around $66.7 billion — a 1% increase from the June 2023 projection. The forecasts for Near General Fund revenue collections are critical as they signify the state’s fiscal health, impacting the allocation and deployment of resources across various state services and initiatives.

State revenue projection for 2023–25 forecast increased by $327 million

OLYMPIA – Washington’s projected Near General Fund revenue collections for the 2023–25 state budget have increased by nearly $327 million, according to estimates released today by the Washington State Economic and Revenue Forecast Council.

State revenue projection for 2023–25 forecast decreased by $483 million

OLYMPIA – Washington’s projected Near General Fund revenue collections for the 2023–25 state budget have decreased by about $483 million, according to estimates released today by the Washington State Economic and Revenue Forecast Council. The projection represents about a 0.7% drop from the number forecast last November. Total Near General Fund revenues are now projected at $65.7 billion for the next two-year state budget cycle, which begins July 1.

State revenue projection for 2021–23 increased by $762 million; 2023–25 forecast increased by $681 million

OLYMPIA – Washington’s projected Near General Fund revenue collections for the remainder of the 2021–23 state budget have increased by nearly $762 million, according to estimates released today by the Washington State Economic and Revenue Forecast Council.

“Revenue collections exceeded expectations since the last forecast, suggesting that the anticipated slowdown has not occurred yet,” said Steve Lerch, executive director of the Economic and Revenue Forecast Council. “Uncertainties remain, but current data indicate an upward revision to the revenue forecast.” 

State revenue projection for 2021–23 increased by $43 million, 2023–25 decreased by $495 million

OLYMPIA – Washington’s projected Near General Fund revenue collections for the 2021–23 state budget have increased by about $43 million, according to estimates released today by the Washington State Economic and Revenue Forecast Council. The increased revenue estimate is about a 0.07% increase over the previous forecast. Total Near General Fund revenues are now projected at nearly $63.2 billion for the current two-year state budget cycle, which began July 1, 2021.

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