Washington state tax revenues totaled $16 billion during Fiscal Year 2011, a 5.9 percent increase over Fiscal Year 2010 but nearly $1 billion below Fiscal Year 2008 collections, according to an annual report published online by the Department of Revenue on Sept. 23. State taxes peaked at nearly $17 billion in FY2008 below dropping...
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Washington tax revenues top 2010, trail 2008
Special legislative session to begin Nov. 28
Gov. Christine Gregoire today announced that she will call legislators in for a special session, beginning Nov. 28. Her decision comes one week after Dr. Arun Raha, the state’s economist, lowered the state’s revenue forecast for the 2011–13 biennium by $1.4 billion. “Congressional gridlock, the European debt crisis and high unemployment continue to take...
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