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Media contact

Hayden Mackley, deputy communications director
hayden.mackley@ofm.wa.gov
Phone: 360-628-2780

Latest news from OFM

Publication Date Title
03/18/2025

Projected state revenue through 2029 down by $845 million

Washington’s projected Near General Fund revenue collections through 2029 decreased by $845 million overall from the November 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).

Biennium

02/27/2025 Budget reductions
02/27/2025 Gov. Ferguson presents plan to save $4 billion to address historic budget shortfall

Work to identify potential savings and efficiencies continues

OLYMPIA — On Day 43 of his administration, Governor Bob Ferguson proposed a plan to save approximately $4 billion. Ferguson’s proposals:

02/25/2025

February 2025 Washington Monthly Economic Report

The February 2025 Washington Monthly Economic Report is now available.

Here are some key highlights from this month's report:

01/31/2025

January 2025 Washington Monthly Economic Report

The January 2025 Washington Monthly Economic Report is now available.

Here are some key highlights from this month's report:

01/24/2025 Memo to agencies: Direction to agencies on 2025-27 budget reduction proposals

 

News Archive

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