Who We Are

Authorizing Legislation and Policies

The Office of Economic and Revenue Forecasts was established in 2021. It is structured similarly as King County’s Office of Economic and Financial Analysis and Washington State’s Economic and Revenue Forecast Council. Per establishing ordinance: “The Office shall staff the Forecast Council, perform economic and revenue forecasts, conduct special studies at the request of the Forecast Council, and provide ad hoc analytical support on economic and revenue estimation for legislative and executive staff consistent with the work program. Such analyses shall be nonpartisan, and confidential to the extent allowed by law.”

Legislation Creating the Office of Economic and Revenue Forecasts
Forecast Council By-Laws
Policy for Sharing Analyses Between the Legislative and Executive Branches

Office of Economic and Revenue Forecasts - Staff

Jan Duras

Jan Duras
Interim Director and Chief Economist

Jan Duras has joined City of Seattle's forecasting team in 2019. He is an economist with twenty years of experience in government and academia producing forecasts, conducting research, and teaching macroeconomics, forecasting, labor and public economics. Jan received M.A. degree from CERGE-EI and Ph.D. in economics from the University of Minnesota.

 

Sean Thompson

Sean Thompson
Regional Economist

Sean Thompson was hired in 2022, and supplements the forecasting team in critical operations with his experience in econometrics and ad hoc analysis. Sean earned a B.S. in economics with honors from the University of Washington, with a background of research into Seattle property and strong coursework in applied economics and statistics. 

Economic and Revenue Forecast Council

The Economic and Revenue Forecast Council (Forecast Council) provides independent oversight of the economic and revenue forecasts that underlie the City's annual budget process.  The Forecast Council directs the work of the Office of Economic and Revenue Forecasts, which is tasked with developing these forecasts, and performing related analyses on behalf of the Council. The Forecast Council has four members: the Council President or designee, the Chair of the City Council Finance Committee or designee, the Mayor or designee, and the Director of Finance. Current membership includes:

Sara Nelson

Sara Nelson
Council President

Dan Strauss

Dan Strauss
Chair of the Finance, Native Communities & Tribal Governments Committee
Forecast Council Chair

Jeremy Racca

Jeremy Racca
Mayor's Chief of Staff and General Counsel
Forecast Council Vice-Chair

Jamie Carnell

Jamie Carnell
Finance Director