We’re a bit late in posting this – WSU’s government relations team just wrapped up a four-day, three campus tour for legislative and congressional staff – but state tax collection for the past month have fallen short of projections by $9 million.
It’s not a huge number. But add that to the shortfall witnessed a month ago and collections are down by $31 million since the most recent quarterly revenue forecast.
You can find the state Economic and Revenue Forecast Council’s revenue update here. And the Spokesman-Review had a good write-up here.
The bigger news is what implications this has for the next quarterly revenue forecast, due to be released Sept. 15. If it falls by a steep margin, talk of another special session and even more budget cuts can be expected.