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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…
July 5, 2017
2017 Legislative Session: OPB Brief on 2017-19 Compromise Operating and Capital Budgets
Leadership in the House and Senate released a 2017-19 compromise state operating budget on June 30, 2017 in the form of Substitute Senate Bill 5883. The Governor signed the budget less than an hour before midnight, narrowly avoiding a partial state government shutdown. Lawmakers also passed a partial capital budget that reappropriates unspent capital funding from the…
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 29, 2017
2017 Legislative Session– OPB Brief on House Appropriations Operating Budget Proposal
On Monday, leadership in the House Appropriations Committee released their initial operating budget proposal. This proposal follows last week’s release of the Senate operating proposal and December’s release of the Governor’s operating and capital proposals. See the new OPB brief here for information regarding the House proposal, as well as a full comparison between current…
March 22, 2017
2017 Legislative Session– OPB Brief on Senate Ways & Means Chair Operating Budget Proposal
On Tuesday, leadership in the Senate Ways & Means Committee released their initial 2017-19 operating budget proposal. This proposal is the first from a legislative body following the release of Governor Inslee’s operating and capital budget proposals from December. See OPB’s brief here for a full comparison. Unlike the Governor’s budget proposal, the Senate does…
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…
March 13, 2017
2017 Legislative Session Update
Wednesday, March 8, marked the last day for bills to be considered in (and pass out of) their house of origin during the 2017 Washington state legislative session. This is an important session cutoff, as it narrows the field of bills and helps us home I on those that may have traction towards become a…
December 16, 2016
Governor Inslee’s Proposed 2017-19 Biennial Operating and Capital Budgets
On Wednesday, Governor Inslee released his proposed 2017-19 biennial operating and capital budgets. For a detailed analysis and summary of the Governor’s proposals, please review the OPB brief. The Governor’s ambitious spending plan relies on new revenue streams, including closing tax exemptions and establishing a new capital gains tax, to make significant investments in K-12 education,…
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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