File #: KCFC2023-03    Version: 1
Type: KCFC Resolution Status: Passed
File created: In control: King County Forecast Council
On agenda: Final action: 7/26/2023
Enactment date: Enactment #:
Title: A RESOLUTION adopting the 2024 economic forecast for King County.
Indexes: Budget, Economic Forecast Council
Attachments: 1. A. July 2023 King County Economic and Revenue Forecast Office of Economic and Financial Analysis - July 13, 2023, 2. FC Presentation (July2023)-FINAL_V2

Drafter

Clerk 07/18/2023

title

A RESOLUTION adopting the 2024 economic forecast for King County.

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                     WHEREAS, the King County Charter requires the chief economist to prepare and submit an updated official economic and revenue forecast at least one hundred-seventy days prior to the end of each year to be used as the basis for the proposed budget, and

                     WHEREAS, the chief economist has prepared both preliminary and an updated forecast for 2024;

                     NOW, THEREFORE, BE IT RESOLVED BY THE KING COUNTY FORECAST COUNCIL:

                     The forecast council hereby adopts the 2024 economic and revenue forecast, prepared in July 2023, as set forth in Attachment A to this resolution.