The Washington State Economic and Revenue Forecast Council released the State’s quarterly revenue forecast today, projecting a $606 million increase in Near General Fund revenue for the current 2019-21 biennium, which brings the total Near General Fund projected revenues to over $52.3 billion for the current two-year state budget cycle.  Projected revenues for the 2021-23 budget cycle are also up by $536 million for the State’s Near General Fund.

The House and Senate proposals for the 2019-21 supplemental operating, transportation and capital budgets are expected to be released in the next few days.