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UPDATE – Revenue forecast up by $95.7 million

Post by Brad Shannon / The Olympian on Feb. 16, 2012 at 10:42 am with No Comments »
February 16, 2012 11:29 am

Editor’s note: The governor says a budget solution that doesn’t rely on a tax increase is now an option. In a statement, she said, “This welcome news may allow the Legislature to find a solution to our budget in Olympia and with it I ask the Legislature to send me a budget that prioritizes our kids in early learning, K-12, and higher education.”

Washington’s revenue forecaster said today that state government can expect to receive $95.7 million more than predicted in the November forecast. But state budget director Marty Brown said the real net gain is $45 million, because legislation adopted in December drove more than half of the gain.

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