Thursday, August 11, 2011

September revenue forecast could be ugly

Earlier this week Governor Gregoire asked agency budget directors to prepare for budget cuts of up to 10 percent ($1.7 billion). Today the state's Economic and Revenue Forecast Council released the revenue totals for August underscoring the prudence of the Governor's actions. Based on the numbers, the September 15 revenue forecast could put the state budget in the red. From the Council's press release . . . READ MORE


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