News
Media contact
Hayden Mackley, deputy communications director
hayden.mackley@ofm.wa.gov
Phone: 360-628-2780
Latest news from OFM
| Publication Date | Title |
|---|---|
| 10/01/2025 |
Federal shutdown impacts on Washington state government We are currently gathering and analyzing information from state agencies on the impact of the federal shudown on Washington state government services. |
| 09/26/2025 |
Transportation revenue forecast shows a modest drop, remaining above initial projections OLYMPIA – Washington’s projected transportation revenue collections through 2029 decreased by around $144 million from the June 2025 forecast, according to estimates released today by the Washington State Transportation Economic and Revenue Forecast Council. Combined with an increase in expected revenue in the June forecast, the latest projection means that the state will bring in about $61 million more in transportation revenue than was expected when the Legislature passed 2025-27 transportation budget in April. |
| 09/25/2025 |
Thank you for a Successful Year-End! Congratulations on making it through year-end! While some of you are still finalizing financial statements (as we are), the majority have crossed the finish line and that’s worth celebrating. We're pleased to report that over 83% of agencies cleared all exceptions by Phase 2 Close. Thank you for your hard work and dedication! |
| 09/23/2025 |
Projected state revenue through 2029 down by $903 million Moderately slower growth in national and Washington economies leads to 0.6% drop in forecastOLYMPIA – Washington’s projected Near General Fund revenue collections through 2029 decreased by around $903 million from the June 2025 forecast, according to estimates released today by the Washington State Economic and Revenue Forecast Council. The changes in the forecast are primarily the result of a weaker taxable sales forecast for retail and construction, lower state agency revenues, and a reduction in projected real estate excise tax returns, according to the ERFC. |
| 09/23/2025 | H.R. 1 impacts on Washington state people and budget |
| 09/04/2025 |
Tariffs could cost Washington $2.2 billion over the next four years Nonpartisan report also projects rising prices and about 31,900 fewer jobs by 2029 in Washington |
