“Washington state projected to get $3.2 billion more in taxes as economy brightens amid COVID-19 recovery”
March 18, 2021
“Washington’s state tax collections are roaring back, with an estimated additional $3.2 billion projected through 2023 as parts of the economy brighten and people get vaccinated amid the COVID-19 pandemic. Wednesday’s projections by the state Economic and Revenue Forecast Council project an additional $1.3 billion for this current, two-year budget cycle. An additional $1.9 billion increase is forecast for the 2021-23 budget cycle. That’s a big chunk of money for a state with a current $53.3 billion, two-year state budget that funds schools, parks, prisons, foster care and other programs…”