The latest Revenue Forecast has been released and many in Olympia are cheering a $96 million increase today. Can someone please explain to me how a $96 million increase somehow addresses a $1.5 BILLION deficit? Seriously? Here’s the funny part of the forecast, of the $96 million increase, only $32 million is actually new revenue. As you may recall, during the December Special Session the Legislature passed a bill to capture revenue from unclaimed property revenue and other one-time increases. Let me be very clear, this state is in serious, serious trouble and a $32 million revenue increase amounts to one-tenth of 1% of the overall budget.
#revenue #forecast #one-tenth #1 #percent #Rep #David #Taylor #15th #District
http://chumly.com/n/10bb74b
Showing posts with label forecast. Show all posts
Showing posts with label forecast. Show all posts
Thursday, February 16, 2012
Thursday, June 16, 2011
June 16, 2011
We finally have all the hay baled and started picking it up last night. We baled 1754 bales on Tuesday and Wednesday ... right around 70 tons of hay, so we're off to a good start. I'm looking forward to not having to sit in a tractor for a couple of days. We've got to sort calves later today to send out tomorrow morning to Tenino for roping. We're working with Bret Hale, owner of the Stick Horse Ranch.
Brock had a game in Selah last night and they won. He has a double header on Sunday here in Moxee against Walla Walla.
The Revenue Forecast will be released later today. Any bets on how much lower it's going to be? We've heard all kinds of speculation, but my bet is that it will be $150 million less than originally projected. If it's any higher than that, things could get even more interesting. There is a rumor that Governor Gregoire decided not to seek a third term because the revenue forecast is going to be really bad ... guess we'll see.
#hay #calves #Redhawks #baseball #revenue #forecast #Gregoire #Rep #David #Taylor #15th #District
https://chumly.com/n/9b9396
Brock had a game in Selah last night and they won. He has a double header on Sunday here in Moxee against Walla Walla.
The Revenue Forecast will be released later today. Any bets on how much lower it's going to be? We've heard all kinds of speculation, but my bet is that it will be $150 million less than originally projected. If it's any higher than that, things could get even more interesting. There is a rumor that Governor Gregoire decided not to seek a third term because the revenue forecast is going to be really bad ... guess we'll see.
#hay #calves #Redhawks #baseball #revenue #forecast #Gregoire #Rep #David #Taylor #15th #District
https://chumly.com/n/9b9396
Tuesday, May 24, 2011
2011 First Special Legislative Session
Day 29 - 9:00 AM and we're back on the House Floor. The Ways and Means Committee met until 1:00 AM this morning ... my Republican colleagues on the committee are doing one heck of a job for the citizens of Washington. According to news reports, there is an agreement on the Operating Budget, except the Senate has said they will not vote on it until the Debt Reduction Constitutional Amendment is passed by the House ... so the chaos will continue.
The House and Senate passed the Workers Comp Reform Bill last night. All in all, it's a significant improvement to the system, saves the taxpayers $1.1 billion over the next four years and saves businesses money. It's a good win for everyone.
It appears we'll be getting briefed on the budget this morning. The Governor and budget writers have said the budget must include at least $800 million in reserves. The reason is the revenue forecast coming on June 16th is likely to be $300 to $500 million less than projected.
#Capital #operating #budget #revenue #forecast #workers #comp #reform #15th #District #Rep #David #Taylor
http://chumly.com/n/921dbd
The House and Senate passed the Workers Comp Reform Bill last night. All in all, it's a significant improvement to the system, saves the taxpayers $1.1 billion over the next four years and saves businesses money. It's a good win for everyone.
It appears we'll be getting briefed on the budget this morning. The Governor and budget writers have said the budget must include at least $800 million in reserves. The reason is the revenue forecast coming on June 16th is likely to be $300 to $500 million less than projected.
#Capital #operating #budget #revenue #forecast #workers #comp #reform #15th #District #Rep #David #Taylor
http://chumly.com/n/921dbd
Tuesday, May 10, 2011
2011 First Special Legislative Session
Day 15 - Sitting back on the House Floor waiting for the day to start at the scheduled 9:00 am. It looks like we have about 12 bills to run today, but the real question is "Will we be working on Thursday"? We couldn't get an answer to that question last night. We've Caucused on all but three of the bills on today's Calendar and should be able to run them quickly, but if history is any indication, the Democrats will have to Caucus for two hours on the various bills, then break for lunch and then run a few bills in the afternoon. Frustrated doesn't even begin to describe my mood this morning.
We've heard that the Democrat Majority wants to run the Capital Budget this morning; unfortunately for them, we can kill HB 2020 if we don't give them 3 votes. That gives us a little power to negotiate for Workers Comp Reform. Based on everything I've heard the last two days, we could be hear a really long time. I still think the Democrat Majority is holding out for the June 16th revenue forecast and hope for some sort of indication revenue is going up. If the last few months are any indication, revenue will not be going up and then the real decisions will have to be made.
#Revenue #forecast #capital #budget #HB #2020 #workers #comp #Rep #David #Taylor #15th #District
http://chum.ly/n/8cc05a
We've heard that the Democrat Majority wants to run the Capital Budget this morning; unfortunately for them, we can kill HB 2020 if we don't give them 3 votes. That gives us a little power to negotiate for Workers Comp Reform. Based on everything I've heard the last two days, we could be hear a really long time. I still think the Democrat Majority is holding out for the June 16th revenue forecast and hope for some sort of indication revenue is going up. If the last few months are any indication, revenue will not be going up and then the real decisions will have to be made.
#Revenue #forecast #capital #budget #HB #2020 #workers #comp #Rep #David #Taylor #15th #District
http://chum.ly/n/8cc05a
Thursday, March 17, 2011
2011 Legislative Session
Days 67 and 68 - It has been an incredibly busy and hectic couple of days. I've had a lot of meetings, both committee and with constituents, on a variety of issues. The revenue forecast came out today and projected a net decreased of $778 million for the 2009-2011 and 2011-2013 biennia. Not real good news for the taxpayers of Washington.
Yakima County Republican Chairman, Max Golladay, came over yesterday (Wednesday) and spent the afternoon meeting with the Yakima County delegation. Max stayed with me last night and we went to diner to get caught up on everything going on back home. It was really great seeing him ... It really refueled me for the fight. I'm refocused and ready to go.
The next couple of days will be rather interesting. We're gearing up for some major legislation over the next couple of weeks. Should be fun.
#revenue #forecast #Max #Golladay #15th #District #State #Rep #David #Taylor #$778 #million
http://chum.ly/n/789c80
Yakima County Republican Chairman, Max Golladay, came over yesterday (Wednesday) and spent the afternoon meeting with the Yakima County delegation. Max stayed with me last night and we went to diner to get caught up on everything going on back home. It was really great seeing him ... It really refueled me for the fight. I'm refocused and ready to go.
The next couple of days will be rather interesting. We're gearing up for some major legislation over the next couple of weeks. Should be fun.
#revenue #forecast #Max #Golladay #15th #District #State #Rep #David #Taylor #$778 #million
http://chum.ly/n/789c80
Subscribe to:
Posts (Atom)