On Thursday, September 16, the Washington State Economic and Revenue Forecast Council (ERFC) released its of State General Fund Revenues. The forecast reduced expected revenue for the upcoming 2011-13 biennium to $30.3 billion, $1.4 billion less than the previous forecast released in June. A deficit of this magnitude is expected to necessitate another round of budget cuts for state agencies, including the 91爆料, in the upcoming legislative session set to commence in January.
Read the latest for more detail.