Washington’s projected Near General Fund revenue collections for the 2021–23 state budget have increased by more than $1.9 billion, according to estimates released today by the Washington State Economic and Revenue Forecast Council.

Gov. Inslee announced the details of his 2021 – 2023 biennial budget proposal Thursday, which included significant funding for public health, economic supports for workers and businesses, and other services that Washingtonians need to recover from the impacts of the COVID-19.

"We must invest in the relief, recovery and resilience of Washington. We cannot cut the things that we need most during a pandemic," Inslee said during a press conference Thursday. "In my proposed operating, capital and transportation budgets, I am investing in the people of our state."

Revenue collections and forecast continue to lag pre-pandemic levels

OLYMPIA – Washington’s projected Near General Fund revenue collections for the 2019–21 state budget have increased by more than $634 million, according to estimates released today by the Washington State Economic and Revenue Forecast Council.

But revenue collections and forecast remain below pre-pandemic levels

OLYMPIA – Washington’s projected Near General Fund revenue collections for the 2019–21 state budget have increased by more than $2.2 billion, according to estimates released today by the Washington State Economic and Revenue Forecast Council.

OLYMPIA – Washington’s projected Near General Fund revenue collections for the 2019–21 state budget have decreased by nearly $4.5 billion, according to estimates released today by the Washington State Economic and Revenue Forecast Council.

“Forecasting right now is clouded by uncertainty around federal interventions, global pandemic trends and how quickly the economy responds if COVID19 wanes,” said Steve Lerch, forecast council executive director. “This update is our best attempt at capturing the decline in revenue sources using the best data we can assemble.”