OLYMPIA, Wash. — Washington’s revenues continued to improve over the past few months.
But officials warned there is significant uncertainty moving forward as the state continues to struggle with a surge in coronavirus cases that has led to a new round of business closures.
Numbers from the Economic and Revenue Forecast Council show that projected revenue collections through mid-2023 are more than $900 million above what had been originally forecasted.
But the state’s revenue projection for that same timeframe remains nearly $2.4 billion below what it was before the pandemic hit.