Washington Revenue Forecast

Washington Revenue Forecast
4:47 pm
Wed September 18, 2013

Washington Revenues Show Slow And Steady Recovery

Originally published on Wed September 18, 2013 3:40 pm

Slow and steady. That’s how Washington’s chief economic forecaster sums up the recovery in state revenues.

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Washington Budget
4:00 pm
Tue June 18, 2013

Big Revenue Boost Could Break Budget Logjam In Olympia

Austin Jenkins Northwest News Network

Originally published on Tue June 18, 2013 2:49 pm

There’s suddenly a flurry of talk in Olympia about a quick resolution to the weeks-long budget stalemate. The change in rhetoric follows Tuesday’s positive revenue and caseload forecasts.

Budget writers will now have an additional $300 million-plus to help bridge their differences. They can thank a recovering housing market and improved consumer confidence.

The House and Senate have been locked in a partisan fight over whether to raise additional revenues by closing some tax exemptions. This new money could now fill that gap.

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Economic Recovery
4:55 pm
Wed March 20, 2013

Washington Economic Recovery Hits Milestone

Originally published on Wed March 20, 2013 4:44 pm

OLYMPIA, Wash. – If you’re marking milestones in the slow climb out of the Great Recession, here’s a new one: Washington state tax collections have now recovered to pre-recession levels. That was one key takeaway from Wednesday’s quarterly revenue forecast.

In late 2007, the economy went into free fall. For two years, Washington tax revenues plunged. Since 2010 it’s been a slow, steady climb back up. Now tax collections are back to where they were before the economy tanked. Bright spots include an uptick in auto sales and signs of an improving housing market.

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Washington Revenue Forecast
4:05 pm
Wed March 20, 2013

Washington Budget Writers Catch A Break; Revenues Holding Steady

Austin Jenkins Northwest News Network

Originally published on Wed March 20, 2013 3:55 pm

OLYMPIA, Wash. - Budget writers in Olympia are breathing a sigh of relief. Despite the federal sequester and other risks to the economy, the state’s new revenue forecast out Wednesday is mostly flat. Even so, Washington lawmakers still face a $1 billion-plus shortfall and a court-ordered down payment for public schools.

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Wash. Revenue Forecast
6:22 pm
Wed September 19, 2012

Normally Bipartisan Wash. Revenue Forecast Sees Partisan Flare-Up

Dino Rossi has been appointed to finish out a vacancy in the Washington Senate.
Northwest News Network

Election year tensions erupted at Washington’s latest quarterly revenue forecast. At the center of the partisan flare-up Wednesday was former Republican gubernatorial candidate Dino Rossi. He’s been appointed to finish out a vacancy in the Washington senate.

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