Major General Fund-State revenue collections 7.3% higher than forecasted

Article Summary Washington housing construction rebounded in the third quarter of 2021. Seattle-area consumer price inflation outpaced the national average in the year ending in October 2021. Major General Fund-State (GF-S) revenue collections for the October 11 – November 10, 2021 collection period came in $139.6 million (6.5%) higher than forecasted in September. Cumulatively, collections […]

Inslee to sign hefty $59 billion biennium state budget

As the end of the mostly virtual legislative session drew near April 25, lawmakers passed a hefty $59 billion biennium budget for 2021-23, an 8.3% increase to last period, that will funnel millions into childcare, public health, rental assistance and addressing the economic impact of a yearlong global pandemic.  The budget includes a controversial capital […]

Senate Democrat spending plan increases state spending by 12%

By Sydney Brown  |  Washington State Journal It includes capital gains tax Republicans critical of tax increases Olympia, Wash., March 26, 2021 – Funding for health care, education and efforts to curb houselessness are promised in a $59.2 billion state budget proposal from the Washington Senate Democrats unveiled March 25.  Budget details from the House […]

Inslee proposes equity-based budget for Washington state

For the first time, the governor directed state agencies to center budgetary decision packages and legislation around equity. By Office of the Governor Gov. Jay Inslee today announced a historic equity policy package for the upcoming 2021 legislative session, including $365M for equity-related decision packages and budget items. For the first time, the governor directed state agencies […]