Washington budget writers hoping for some help from the next revenue forecast may need to look elsewhere
The next official forecast – the one that will determine the exact amount of money available for the 2011-13 budget – is due March 17.
But until then, economic tea leaves are contained in the month economic and revenue update done by state economist Arun Raha. It not only updates his projections for the state and national economies, it reports the actual tax collections from the previous month and says whether they are higher or lower than normal.
Today’s update teases with news that tax collections are slightly more healthy than expected _ by $36.9 million. But then Raha and …