New Exec for Washington Revenue Forecaster

Washington’s Economic and Review Forecast Council named Stephen Lerch as executive director.

The forecast council prepares the tax revenue projections that the Legislature and governor use to prepare the state budgets.

Lerch, who will replace Arun Raha, has worked since 2006 as the research director for the Washington State Investment Board.

Lerch has twice served as interim director while candidate searches were conducted in 2008 and 2012. 

Previously, he served in a variety of positions with the state government, including the Department of Revenue, the Joint Legislative Audit and Review Committee, the Washington State Institute for Public Policy, the Office of Financial Management and the State Senate Ways and Means Committee.

He also worked in the private sector and for the U.S. Congress.

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