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Gregoire: No special session yet over state revenue emergency

Governor Christine Gregoire said she's not calling for a special session yet, despite more troubling news about Washington state's finances.
Figures released Thursday by the Economic and Revenue Forecast Council set up another round of budget troubles for state lawmakers.

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State expects $1.4 billion less in tax revenue

The state budget is in a deep hole.

Again.

Washington state is projected to collect around $1.4 billion less in tax revenue than expected between now and the end of June 2013, the state's chief economist, Arun Raha, said Thursday…

Special session near-certain after $1.4B revenue loss

Today’s bad revenue report showing a $1.4 billion drop in state revenues is almost sure to bring lawmakers back to town well before their scheduled 60-day session begins Jan. 10 next year.
The question is when to do it and when does the state’s roughly $163 million in reserves run out. Gov…

Crisis in state's funding of higher education puts our future at risk

KUDOS to the University of Washington for 150 years as a provider of educational excellence and access to our state's best and brightest.

The sesquicentennial offers a compelling glance back at the school's remarkable history and accomplishments, but the…

REVENUE FORECAST DUE: Agencies contemplate potential 10 percent loss

Gov. Chris Gregoire’s call to plan budget cuts of up to 10 percent sounded draconian a month ago. But they may become reality – as the governor and others now fear Thursday’s revenue forecast will erase $1 billion to $2 billion more from state coffers.

The governor…

WA GET committee raises unit price to $163

Washington's prepaid tuition program now costs $163 a unit. The Guaranteed Education Tuition Committee set the new rate this week, to make up for this year's college tuition increases.

One GET unit cost $117 before the increase.

Gov. Gregoire: I can't make more cuts without Legislature

Everyone expects next week's quarterly forecast of state revenue to be bad. Gov. Chris Gregoire says she is girding for a drop in revenue as deep as $1.5 billion — and some are predicting even worse numbers. Gregoire has asked agencies to identify $1.7 billion in cuts, or 10 percent of…

NSF funds $2.9M study of elementary science teacher prep at Western
University of Washington fund beats bigger rivals

Amid the financial gloom of the past three years, one part of the University of Washington has rebounded: Growth of the UW’s endowment fund has outpaced those of Harvard, Yale and other giant schools.

Shepard to speak Aug. 24 at Bellingham City Club
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