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Publication Date Title
11/27/2024 New report and dashboard show Climate Commitment Act investments

See how 37 state agencies spent nearly $500 million across the state on transit, wildfire preparedness, clean energy and more  

11/20/2024 Projected state revenue through 2029 down by $400M

OLYMPIA – Washington’s projected Near General Fund revenue collections through 2029 decreased by $400 million overall from the September 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).

11/19/2024 Budget reductions FAQ

(Updated December 3, 2024)

On November 8, OFM Director Pat Sullivan sent a letter to state agency directors and others, outlining that revenue forecasts, rising costs, and expanding needs require reductions for the governor to propose a balanced budget. This page includes answers to questions about those budget reductions.

11/19/2024 State agency budget savings options
11/15/2024 HEAL Act funding map: Keeping the state accountable on environmental investments
11/08/2024 Memo to agencies: Budget reductions for FY 2025 and 2025-27 biennium
10/30/2024 October 2024 Washington Monthly Economic Report

Our monthly economic report for October 2024 shows:

10/02/2024 SAAM Directive 24A-05 issued October 2, 2024
09/27/2024 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.

09/25/2024 September 2024 Washington Monthly Economic Report

Out monthly economic report for September 2024 shows steady nonfarm job growth, rising unemployment amid job growth, and a rebound in revenue collections in August. Read more in the full report:

September 2024 Washington Monthly Economic Report [PDF]
09/24/2024 Agency budget requests for 2025-27 budget now available online

View operating budget requests that state agencies and higher education institutions have submitted to us for consideration in Gov. Inslee's 2025-27 biennial budget proposal:

Agency Budget Requests

The website is best viewed in either Microsoft Edge or Google Chrome browser.

For help in using the online system, check out this guide:

08/30/2024 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: 

07/23/2024 Fiscal impact statements for I-2109 and I-2117
07/22/2024 Gov. Inslee appoints Pat Sullivan to be next OFM director
07/16/2024 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.

07/10/2024 Report on physician supply in WA 2021-23
07/02/2024 Fiscal Impact Statement for Initiative 2124
07/01/2024 June 2024 Transportation Revenue Forecast
06/28/2024 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%.

06/26/2024 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.

06/21/2024 SAAM Directive 24A-04 issued June 21, 2024
06/17/2024 42% of CCA investments directed to overburdened communities, according to updated OFM estimates

The Climate Commitment Act (CCA) sets a declining cap on greenhouse gas emissions and requires the state’s largest emitters to purchase allowances for their planet-warming pollution. The law requires the Legislature to invest revenue from this cap-andinvest program to reduce emissions and create jobs, including in clean buildings, transportation, and improving community resiliency in the face of climate change.

06/16/2024 Education Research and Data Center newsletter, Spring 2024: new research on dual credit
06/12/2024 Small Area Demographic Estimates based on 2020 census data

We are happy to announce the first release of Small Area Demographic Estimates (SADE) based on 2020 census data. The estimates cover the years 2020 through 2023 and are normalized to census 2020 geographies for: the state, counties, census tracts, and school districts. Estimates for congressional districts based on the 2020 census redistricting commission’s boundaries and data for the recently revised 2024 state legislative districts are also provided.

06/03/2024 2025-27 budget instructions
05/23/2024 SAAM Directive 24A-03 issued May 23, 2024
05/17/2024 2023 Single Audit Report issued May 17, 2024
05/03/2024 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.

04/11/2024 Join us in celebrating state employees, May 5-11

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.

02/14/2024 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.

01/24/2024 SAAM Directive 24A-02 issued January 24, 2024
01/12/2024 ERDC Newsletter, Winter 2024: new strategies for reporting K-12 detailed race and ethnicity data
01/10/2024 SAAM Directive 24A-01 issued January 10, 2024
01/08/2024 Nominate a state employee or team for a PSRW award

Do you know a state employee who consistently excels beyond expectations?

In the spirit of recognizing such service, the Office of Financial Management is asking you to think about nominating state government and higher education employees and teams for one of the following awards.

Extra Mile Award

The Extra Mile Award is given to individuals or groups of state employees who surpass expectations for exemplary public service by demonstrating the following ideals: