Washington State Bringing in More Revenue than Expected - NBC Right Now/KNDO/KNDU Tri-Cities, Yakima, WA |

Washington State Bringing in More Revenue than Expected

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OLYMPIA, Wash. - Washington state lawmakers say the state government is bringing in more revenue than expected. 

The Economic and Revenue Forecast Council says tax collections over the next two years will be more than $200 million greater than projected a few months ago.

Total revenue over that time period is now forecast at nearly $33 billion. State projections still aren't accounting for any money that could be raised from looming introduction of taxed marijuana sales.

The extra money could help lawmakers as they search for ways to put more dollars into the public education system. Forecasters say there are still a number of economic risks, including congressional gridlock, rising mortgage rates and possible economic turmoil in Europe.

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