Quarterly state forecast shows increased revenues

Today the Washington State Economic and Revenue Forecast Council released the official state quarterly revenue forecast, projecting an increase of $1.45 billion in state revenues for the current 2021-23 biennium and an increase of more than $1.32 billion for the 2023-25 biennium. 

Total state revenues for the 21-23 biennium are now projected at $61.7 billion and $65.4 billion for the 23-25 biennium.  The House and Senate 2022 supplemental operating and capital budget proposals are expected to be released in the coming days following today’s updated revenue projections. 

Click here to read more about today’s revenue forecast.