According to the city’s revenue department, Portland is facing a budget shortfall of roughly $67 million next fiscal year, which starts July 1. That’s more than double the size of the forecasted ...
The federal government announced that the 2025 budget deficit came in at $1.8 trillion vs. a CBO estimate of $1.9 trillion. The lower-than-expected deficit was primarily driven by higher-than-forecast ...
The City of Austin’s long-term budget forecast is out, and it presents very different futures: one that leads to a modest ...
OLYMPIA, Wash. — Gov. Bob Ferguson expressed concern over the latest revenue forecast from the Washington State Economic and Revenue Forecast Council Tuesday afternoon. The aforementioned revenue ...
Washington state budget writers got a mild dose of good news on Tuesday, but are still looking at a strained balance sheet. Revenue projections show collections up $105 million for the current ...
One lead budget writer isn’t ruling out further tax increases next year. Projected tax collections in Washington continue to fall, with declines totaling more than $500 million since the governor ...