OLYMPIA, WA (MyBellinghamNow.com) – A projected drop in revenue is causing concern for state transportation officials.

Washington’s Office of Financial Management (OFM) said that new estimates predict the state could see a $36 million decrease in transportation revenue.

Those estimates are compared to forecasted numbers issued in February for the 2025-27 biennium.

Future forecasts show even higher rates of revenue decline.

If current trends continue, OFM predicts transportation revenue could drop by over 2.5% in the 2029-31 biennium.

OFM adds that the projected revenue changes were made due to a loss in gas tax funds, vehicle registration fees and taxes on rental cars.