Washington State Revenue Forecast

Washington State Revenue Forecast

The Washington Revenue Forecast Council announced today that it is now projecting a revenue shortfall of – $8.8 billion through 2023.  Earlier projections had pegged the shortfall at – $7 billion.  Governor Inslee has announced the he will cancel the July 1 scheduled pay raises for more than 5,500 higher paid state workers and impose unpaid furlough days for most other employees starting June 28th.
 
Revenue Breakdown
 
2019-2021 (-$4.5 billion )
 
2021-2023 (-$4.3 billion )
 
Total -$8.8 billion over the next 3 years.

 

Question?

Contact:

David Carter | Director, Health Care Finance & Policy

C 360.888.5702

 

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