WA state revenue forecasts predict slowdown as lawmakers prepare new spending plans
Over the next two years, Washington State is likely to bring in less revenue than previously expected, according to the latest revenue forecast officials released Monday. But lawmakers say it’s cause for caution, not necessarily concern. During a presentation with legislative budget leaders, the Washington State Economic and Revenue Forecast Council’s chief economist Steve Lerch said there are several factors behind the latest numbers, which are roughly $480 million below what was projected in November. The news comes just as lawmakers begin releasing their budget proposals for the state’s next two years of spending. Continue reading at KUOW. (N3)

‘Baby steps won’t cut it’: Inslee wants more done to address encampments on state property
Governor Jay Inslee says the state needs to rapidly pick up the pace when it comes to addressing homeless encampments on state roadways and property. Inslee spent time on Tuesday near First Avenue and Michigan Street SW, where an encampment is in the process of being cleaned up. It is the fifth site to be cleaned under the state’s Right of Way Safety Initiative that started last year. “This work is not free. Building tiny home villages is not free. Building permanent apartments is not free,” said Inslee. “This is an issue that you can’t nickel and dime. Baby steps won’t cut it. The Legislature cannot just do half measures this year. We need to step up to the plate and that means billions of dollars.” Continue reading at KING5.

Building ballparks, rewriting ferry rules, recognizing Chinese-Americans
Time to check your patience and stress levels. Things get real in the final month as policy bill negotiations get serious and spending decisions are debated. Money is a hot topic today. A new revenue forecast arrives this afternoon providing authors of the Senate and House operating budgets with figures they need to complete their work this week. Meanwhile, this morning, Senate Democrats released their proposed capital budget. Washington State Ferries wants five new ferries but it can’t find anyone willing or able to build them under the state’s current contracting rules. The spotlight is also on a marriage of two bills — one Senate and one House — to resolve a protracted legislative fight on which month is designated to recognize contributions of Chinese-Americans. Continue reading at Everett Herald.