Top story

Washington’s projected Near General Fund revenue collections through 2029 decreased by $39 million overall from the June 2024 forecast, according to estimates released today by the Washington State Economic and Revenue Forecast Council.

The forecast is comprised of revenue estimates for the current biennium (2023–25), which ends June 30, 2025, the next biennium (2025–27) and the subsequent biennium (2027–29).

Projected...

Read more

OFM on Facebook

One Washington logo

One Washington is a comprehensive business transformation program to modernize and improve aging administrative systems and related business processes that are common across state government.

learn more

Pro-equity anti-racism

We believe every individual living in Washington has a right to thrive in their communities. Read about how OFM is committed to keeping equity front and center in all our practices.

Our PEAR statement

Projected state revenue through 2029 down by $39 million

Washington’s projected Near General Fund revenue collections through 2029 decreased by $39 million overall from the June 2024 forecast, according to estimates released today by the Washington State Economic and Revenue Forecast Council.

The forecast is comprised of revenue estimates for the current biennium (2023–25), which ends June 30, 2025, the next biennium (2025–27) and the subsequent biennium (2027–29).

Projected collections for the 2023–25 state budget decreased by $49 million to just below $66.5 billion — about a 0.1% decrease from the June 2024 forecast.

New HEAL Act dashboards show state agencies’ progress in environmental justice

OFM has just launched a series of dashboards designed to track and display the progress of specific state agencies in implementing the HEAL (Healthy Environment for All) Act, Washington's landmark environmental justice law: 

Introducing our new logo

In 2023, OFM undertook a significant update to our mission, vision, and values to better reflect our evolving role and commitment to serving Washingtonians. As part of this ongoing transformation, we recognized the need for a logo that better aligned with our refreshed purpose and values.

Washington state tops 8 million residents in 2024

OLYMPIA, Wash. – Washington state’s total population grew by an estimated 84,550 — to 8,035,700 as of April 1, 2024, according to annual estimates prepared by the Office of Financial Management.

Washington is growing, though it is doing so slightly slower than the annual average from last decade (84,550 in 2024 compared to 98,200 from 2010–20). The population is growing similarly to last year, however, with an unadjusted growth rate of 1.1% for both years. Looking at the current decade as a whole, the population has grown by 329,400 since April 1, 2020, or about 4.3%.

State revenue projection for 2023–25 decreased by $477 million; 2025–27 down by $189 million

OLYMPIA – Washington’s projected Near General Fund revenue collections for the 2023–25 state budget decreased by $477 million to around $66.5 billion — about a 0.7% decrease from the February 2023 projection, according to estimates released today by the Washington State Economic and Revenue Forecast Council.

Read about 25 state employee individuals and teams that went above and beyond in the past year

An innovative team using service trucks to reach people around the state who can’t easily get to a DSHS office to access benefits.

A partnership between WorkSource Yakima and the Yakama Nation Veteran Affairs Center, working together to improve training and employment services for tribal members who are veterans.

A WSDOT worker that showed quick thinking to keep his team safe from a violent crime spree.

Join us in celebrating state employees, May 5-11

Public Service Recognition Week, May 5-11, 2024

The first week of May is for recognizing the great work and service public employees provide for Washingtonians. Join us in celebrating state employees at in-person cross-agency events on the Capitol Campus in Olympia, in Spokane, in the Tri-Cities and at T-Mobile Park.

State revenue projection for 2023–25 increased by $122 million; 2025–27 up by $215 million

OLYMPIA – Washington’s projected Near General Fund revenue collections for the 2023–25 state budget increased by $122 million to around $67 billion — about a 0.2% increase from the November 2023 projection, according to estimates released today by the Washington State Economic and Revenue Forecast Council.

Investing in Washington’s people and communities: Inslee budget prioritizes urgent needs in homelessness, fentanyl and behavioral health

Governor Jay Inslee released his 2024 supplemental budget proposals, which serve as a mid-way update to the state’s two-year 2023–25 budgets. His release precedes the start of the 60-day legislative session on January 8.

Heading into the new year, Washington’s overall economic health remains strong. Pandemic response funding is winding down, but new state revenues have kept pace with higher costs from inflation and entitlement caseload increases.

State revenue projection for 2023–25 increased by $191 million; 2025–27 up by $579 million

OLYMPIA – Washington’s projected Near General Fund revenue collections for the 2023–25 state budget have increased by $191 million to around $66.9 billion — about a 0.3% increase from the September 2023 projection, according to estimates released today by the Washington State Economic and Revenue Forecast Council.

Pages