OLYMPIA, Wash. (AP) — Washington’s revenues continued to improve over the past few months, but officials warned there is significant uncertainty moving forward as the state continues to struggle with a surge in coronavirus cases that has led to a new round of business closures. Updated numbers by the the Economic and Revenue Forecast Council show that projected revenue collections through mid-2023 are more than $900 million above what had been originally forecasted. But the state’s revenue projection for that same timeframe remains nearly $2.4 billion below what it was before the pandemic hit. Wednesday’s meeting was the final forecast before Gov. Jay Inslee releases a budget proposal next month ahead of the start of the 105-day legislative session in January.
November 19, 2020 @ 9:50 am Northwest News