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 ...

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 ...

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 ...

The City of Austin’s long-term budget forecast is out, and it presents very different futures: one that leads to a modest ...

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 ...