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November 21, 2018

State revenue forecast up $163M

OLYMPIA (AP) — An updated forecast shows Washington state is expected to see a net increase in revenues of about $163 million for the current two-year budget cycle.

The numbers released at Tuesday's meeting of the state Economic and Revenue Forecast Council also show that the two-year budget that ends mid-2019 will top out at about $45.8 billion in revenues. The state is projected to have about $3.2 billion in reserves in that timeframe.


 
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