OLYMPIA – Washington’s projected Near General Fund revenue collections for the 2021–23 state budget have increased by about $1.45 billion, according to estimates released today by the Washington State Economic and Revenue Forecast Council.
"Continued strong revenue collections and real estate transactions combined with higher inflation have resulted in an increase in the revenue forecast,” said Steve Lerch, executive director of the Economic and Revenue Forecast Council.
Washington’s COVID-19 health crisis will soon enter its third year, and the pandemic continues to strain our schools, health care systems and some sectors of our economy. Overall, however, our economy has held up well and state revenue collections have grown steadily. Gov. Jay Inslee is proposing adjustments to the current two-year budget to help ensure we emerge from the pandemic stronger than ever.
Washington’s projected Near General Fund revenue collections for the 2021–23 state budget have increased by nearly $898 million, according to estimates released today by the Washington State Economic and Revenue Forecast Council.
Washington’s projected Near General Fund revenue collections for the 2021–23 state budget have increased by more than $927 million, according to estimates released today by the Washington State Economic and Revenue Forecast Council.
“Trends in collections are still improving though there are some uncertainties on the horizon,” said Steve Lerch, executive director of the Economic and Revenue Forecast Council.
Total Near General Fund revenues are now projected at $59.3 billion for the current two-year state budget cycle, which began July 1.
View operating budget requests that state agencies and higher education institutions have submitted to us for consideration in Gov. Inslee's 2022 supplemental budget proposal:
Washington’s projected Near General Fund revenue collections for the 2021–23 state budget have increased by nearly $1.8 billion, according to estimates released today by the Washington State Economic and Revenue Forecast Council.
“Trends in collections and the steady re-opening of the economy suggest some positive improvements in the revenue forecast this quarter,” said Dr. Steve Lerch, executive director of the Economic and Revenue Forecast Council.