File #: KCFC2022-05    Version: 1
Type: KCFC Resolution Status: Passed
File created: In control: King County Forecast Council
On agenda: Final action: 8/26/2022
Enactment date: Enactment #: KCFC2022-05
Title: A RESOLUTION adopting the 2023 economic forecast for King County.
Attachments: 1. KCFC2022-05 Signed, 2. A. August 2022 Forecast FINAL, 3. FC POWERPOINT-FINAL (Aug 2022).pptx

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A RESOLUTION adopting the 2023 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 2023;

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

The forecast council hereby adopts the 2023 economic and revenue forecast, prepared in August 2022, as set forth in Attachment A to this resolution.