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Eye On Olympia archive for June 18, 2009

THURSDAY, JUNE 18, 2009

Text of Gregoire's save-more letter...

June 18, 2009TO: Statewide Elected OfficialsAgency Directors Presidents of Higher Education Institutions State Boards and CommissionsFROM: Christine O. Gregoire, GovernorSUBJECT: Additional Budget SavingsOn June 18th, the Washington State Economic and Revenue Forecast Council announced an additional reduction to the General Fund State revenue forecast. Although…

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And now for the good news...

There was also some good news, however, in state revenue forecaster Arun Raha's predictions Thursday."It increasingly appears that we are finally approaching the end of this `Great Recession,'" he said. The bottom of the recession seems near, he said, and the "freefall" declines in economic…

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Revenue forecast and response: More details...

Gov. Chris Gregoire is ordering state agencies to cut their payrolls by 2 percent more, after the state's revenue forecaster this morning whacked revenue projections by nearly $500 million. "We have been aware of the likelihood of a negative forecast and are prepared to take…

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Short takes and breaking news from the Washington Legislature and the state capital.