Kriss Sjoblom

New general fund–state revenue forecast: up $107.9 million for 2013–15 biennium; up $241.3 million for 2015–17 biennium

The state Economic and Revenue Forecast Council (ERFC) held its quarterly meeting today. The forecast of general fund–state revenue for the current biennium (2013–15) increased by $107.9 million to $33,439.8 million. The forecast of general fund-state revenue for the upcoming biennium (2015–17) increased by $241.3 million to $36,319.5 million. This is the seventh consecutive meeting […]

October employment report shows state gained 5,600 jobs from September to October

The state Employment Security Department issued its employment report for October this morning. The preliminary estimate is that seasonally adjusted employment in Washington increased by 5,600 from September to October. The estimate of August to September job growth was revised to a gain of 1,600, from the preliminary loss of 600 jobs announced in last […]

September 11–October 10 state revenue collections were $14.4 million above forecast

This afternoon the Economic and Revenue Forecast Council issued its monthly Economic and Revenue Update. Here are the key bullets on revenue from the summary: Major General Fund-State revenue collections for the October 11 – November 10, 2014 collection period were $53.7 million (4.1%) higher than the September forecast. $50.0 million of the surplus came […]

Washington ranks 6th best in growth since 2008 in per-student state funding for public schools

The Center on Budget and Policy Priorities has a new report examining changes in state government spending on K-12 education since the beginning of the the Great Recession. Between fiscal year 2008 and fiscal year 2015, per-student inflation-adjusted state support has decreased in 30 states and has increased in 17 states. For 3 states, data […]

September employment report shows state lost 600 jobs from August to September

The state Employment Security Department issued its employment report for Septemberthis morning. The preliminary estimate is that seasonally adjusted employment in Washington fell by 600 from August to September. The estimate of July to August job growth was revised to a gain of 3,700, from the preliminary loss of 1,500 jobs announced in last month’s […]

September 11–October 10 state revenue collections were $14.4 million above forecast

This morning the Economic and Revenue Forecast Council issued its monthly Economic and Revenue Update. Here are the key bullets on revenue from the summary: Major General Fund-State revenue collections for the September 11–October 10, 2014 collection period were $14.4 million (1.2%) higher than the September forecast. Revenue Act collections were $5.4 million (0.5%) higher […]

New general fund–state revenue forecast: up $163 million for 2013–15 biennium; up $143 million for 2015–17 biennium

The state Economic and Revenue Forecast Council (ERFC) held its quarterly meeting today. The forecast of general fund–state revenue for the current biennium (2013–15) increased by $162.5 million to $33,331.9 million. The forecast of general fund-state revenue for the upcoming biennium (2015–17) increased by $143.0 million to $36,078.2 million. These increases were a bit smaller […]

August employment report shows state lost 1,500 jobs from July to August

The state Employment Security Department issued its employment report for August this morning. The preliminary estimate is that seasonally adjusted employment in Washington fell by 1,500  from July to August. The estimate of June to July job growth was revised upward to 10,600, from the preliminary figure of 7,300 announced in last month’s report. As […]

August 11 – September 10 state revenue collections were $25.8 million above forecast

Yesterday the Economic and Revenue Forecast Council issued its monthly Economic and Revenue Update. Here are the key bullets on revenue from the summary: Major General Fund-State revenue collections for the August 11 – September 10, 2014 collection period were $25.8 million (2.2%) higher than the June forecast. Cumulatively, collections are now $115.1 million (3.1%) […]

July employment report shows state gained 7,300 jobs from June to July

The state Employment Security Department issued its employment report for July this morning. The preliminary estimate is that seasonally adjusted employment in Washington grew by 7,300  from June to July. The estimate of May to June job growth was revised upward to 13,600, from the preliminary figure of 9,100 announced in last month’s report. A […]