Office of Financial Management
April 5, 2018
OPB Briefs: 2018 Bill and Fiscal Note Summaries Now Available
Date: April 5, 2018 OPB has posted two summaries, recapping the 2018 state legislative session, under the “Briefs” tab of the OPB website: The 2018 Session Bill Summary lists the bills OPB tracked that were passed by the legislature. Links to veto messages are provided for bills that were partially vetoed by the Governor. Of…
March 9, 2018
OPB Brief on Compromise 2018 Supplemental Budgets
Leadership in the state House and Senate released their compromise 2018 supplemental budget proposals earlier this week—the capital proposal came out on Tuesday evening and the operating proposal on Wednesday evening. With the release of these budgets, and with their subsequent passage by the legislature, lawmakers ended the legislative session on time, for the first time…
February 15, 2018
February Revenue Forecast Shows Largest Increase since Recession
Today, the Washington state Economic and Revenue Forecast Council (ERFC) released their February revenue forecast. The projected General Fund-State (GF-S) revenue forecast for the 2017-19 biennium increased by $647 million. Projected revenue collections for the 2019-21 biennium have also increased by $671 million. According to the Governor’s Office of Financial Management (OFM), this forecast is…
November 20, 2017
November Revenue Forecast Shows Incremental Growth
Today, the Washington state Economic and Revenue Forecast Council (ERFC) released November revenue forecast. The forecast increased projected General Fund-State (GF-S) revenue for the 2017-19 biennium by $304 million. Projected revenue collections for the 2019-21 biennium have also increased by $186 million. These new projections show a slight increase from the September revenue forecast. Here…
October 24, 2017
September Revenue Forecast Indicates Moderate Increase in Projected Revenue
Last month, the Economic and Revenue Forecast Council (ERFC) released their September revenue forecast, the first forecast of the current fiscal year. The forecast increased projected General Fund-State (GF-S) collections by $279 million for the current 2017-19 biennium and $243 million for the upcoming 2019-21 biennium. These increases are on top of increases projected in…
August 9, 2017
OPB Briefs: 2017 Legislative Session Bill and Fiscal Note Summaries Now Available
OPB has posted two summaries concerning the 2017 legislative session to the Briefs tab of our website: The 2017 Bill Summary lists the bills OPB tracked during session that were passed by the legislature. Links to veto messages are provided for bills that were vetoed or partially vetoed by the Governor. OPB tracked over 460 bills in the 2017 legislative…
June 20, 2017
June Revenue Forecast Predicts Slight Growth
Earlier today, the Economic and Revenue Forecast Council (ERFC) released its June revenue forecast, which increased projected General Fund-State (GF-S) collections by $81 million for the current 2015-17 biennium and by $87 million for the upcoming 2017-19 biennium. These increases are on top of the more significant increases projected in the March revenue forecast. Here is a quick…
March 16, 2017
March Revenue Forecast Shows Positive Growth
Earlier today, the Economic and Revenue Forecast Council (ERFC) released its March revenue forecast, which increased projected General Fund-State (GF-S) collections by $247 million for the current 2015-17 biennium and by $303 million for the upcoming 2017-19 biennium. These increases are on top of the increases projected in the November revenue forecast. Here is a quick summary of…
November 18, 2016
November Revenue Forecast Estimates Continued Growth
On Wednesday, the Washington state Economic and Revenue Forecast Council released its November revenue forecast, which projected a slight increase to General Fund-State (GF-S) collections over the September revenue forecast. The GF-S revenue forecast increased by $215 million for the current 2015-17 biennium and $137 million for the 2017-19 biennium. Final GF-S revenue collections for the 2013-15 biennium were…
September 15, 2016
UW’s 2017-19 State Operating Budget Request
On September 15, 2016, OPB submitted the UW’s 2017-19 state operating budget request to the Governor’s Office of Financial Management. The UW is mindful of the continuing budget challenges facing the state of Washington and, thus, has limited its budget requests to the 11 most essential and strategic state investments for the 2017-19 biennium. These, along with a variety of…
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