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September 27, 2021

State revenues up nearly $1B

OLYMPIA (AP) — Washington state's economy is projected to have nearly $1 billion more than previously assumed through mid-2023.

Updated numbers by the Economic and Revenue Forecast Council released Friday show that projected revenue collections for the 2021-2023 budget cycle are $927 million above what had been originally forecasted in June. And projections for the next two-year budget cycle that ends in mid-2025 increased by more than $931 million.


 
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