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February 15, 2008 - The official projection of the amount of money the state will raise for the current two-year budget (ending in June 2008) is $423 million lower than it was in November, according to the Economic and Revenue Forecast Council.
Read the update
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February 12, 2008 - In light of the pending revenue forecast, state leaders have the opportunity to make the right investments now to minimize the effects of the economic downturn on families, communities, and the regional economy.
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January, 2008 - The Washington State Budget & Policy Center has released a simple and effective proposal to provide a much-needed tax break for working families. Our proposal has resulted in state legislation.
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December 18, 2007 - Today Governor Gregoire released her supplemental budget to make adjustments to ensure Washington State is able to meet developing or unexpected expenses.
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November 15, 2007 - The Economic and Revenue Forecast Council (ERFC) today released its revised estimate of revenue for the current biennium. Compared to the estimate released in September, revenue is projected to be $132.4 million less.
Read the update
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November, 2007 - An opportunity exists for Washington State to take a thoughtful and balanced approach to property tax reform.
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September 14, 2007 - The Economic and Revenue Forecast Council released more good news today for Washington State. The latest forecast projects an additional $213 million for the 2007-09 biennium.
Read the update
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August 28, 2007 - Census data released today indicates that tens of thousands of Washington children lack health insurance.
Read the update
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August 6, 2007 - A new analysis of Initiative 960 completed by the Budget & Policy Center finds that the initiative will not further widely shared goals of improving government accountability and transparency.
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June 14, 2007 - The State's Economic and Revenue Forecast Council released good news today for Washington State--revenue projections for the 2005-07 and 2007-09 biennia have been increased by a combined $484 million. Today's news provides support for government investment in education, health care, and savings for a rainy day.
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May 22, 2007 - A Center policy brief analyzing a newly released United States Census Bureau data set of state and local taxation levels finds that in 2005 Washington State ranked in the bottom third of states in overall levels of state and local taxation, when measured as a percentage of personal income.
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March 28, 2007 - State legislators in Olympia are currently considering various proposals for property tax reform. One idea that has not yet been proposed here is a property tax circuit breaker, which would offer tax credits to lower and moderate income homeowners who are paying more than a certain threshold of income in property taxes.
Read the policy brief
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March 20, 2007 - The budget released today by the House of Representatives' Appropriations Committee follows the same general script as the Governor's budget proposal.
Read the update
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March 15, 2007 - The Economic and Revenue Forecast Council (ERFC) released an updated revenue forecast today with both good news and bad news for the state budget. Read the update
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February 27, 2007 - The property tax in Washington State funds essential local priorities such as education, fire protection, and hospitals. New research by the Center explores the opportunity for the state to ensure adequate funding for these essential public programs while addressing the existing inequities in the system.
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February 13, 2007 - A proposal to require reporting on the full impacts and costs of the hundreds of tax exemptions and special tax breaks is once again under consideration by the legislature.
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January 2007 - The monthly WorkFirst cash assistance benefit is a key part of the state’s social safety net, but it has not been increased since 1993.
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December 21, 2006 - The strong economy and resulting revenue growth of the middle and late 1990s led 44 states to cut taxes.
Read the full update
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December 19, 2006 - Today, Governor Gregoire released her two-year budget proposal for 2007 to 2009, the starting point for the legislature when they convene in January.
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November 16, 2006 - Today, the Washington State Economic and Revenue Forecast Council released preliminary results from their quarterly forecast of the economy, including updated projections of how much revenue the state will collect in coming years.
Read the full update
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