Washington State Revenue Forecast Update
By League of Education Voters Policy Team
On March 20, Washington’s Economic and Revenue Forecast Council released their updated projections. The council expects the state to take in an additional $307 million in general fund revenue collections during the 2017-19 biennium than was projected when the biennial budget was adopted. Additionally, revenues are projected to be about $550 million higher for the general fund in the 2019-21 biennium than was previously projected. In total, an additional $850 million in expected to be available for the upcoming budget process than previously thought. Read More