COVID-19

For the latest COVID-19 health guidance, statistics and resources, visit: Coronavirus.wa.gov

You are here

Home » Budget » Agency activities and performance » Agency Activities » Efficient, Effective and Accountable Government

Efficient, Effective and Accountable Government

Last Updated: 07/14/2021

Pay debt service

Strategy: Pay debt service

Agency: 010 - Bond Retirement and Interest

A001 - Bond Retirement and Interest

This activity includes principal and interest on outstanding long-term bond debt of the State of Washington, and costs associated with bond sales. Staff who administer bond sales and debt management are not included in this agency because they work for the Office of the State Treasurer.

Debt Subject to the Debt Limit

Account FY 2020 FY 2021 Biennium Total
001 - General Fund
State 1,191,069,000 1,268,197,000 2,459,266,000
057 - State Building Construction Account
State 5,231,000 1,042,000 6,273,000
10P - Columbia River Basin Water Supply
State 20,000 10,000 30,000
355 - State Tax Bld Construction Account
State 213,000 213,000
366 - Watershed Restor Enhance Bond Acct
State 20,000 26,000 46,000
381 - Debt-Limit Reimbursable Bond Ret
State 284,000 282,000 566,000

Reimbursable Debt

Account FY 2020 FY 2021 Biennium Total
359 - School Constr & Skill Ctrs Bldg
State 2,000 2,000 4,000
383 - Nondebt-Limit Reimbursable Bond Ret
State 89,049,000 64,121,000 153,170,000

Motor Vehicle Fuel Tax Debt

Account FY 2020 FY 2021 Biennium Total
09H - Transportation Partnership Account
State 515,000 1,121,000 1,636,000
20H - Connecting WA account
State 3,120,000 4,479,000 7,599,000
215 - Special Category C Account
State 190,000 186,000 376,000
218 - Multimodal Transportation Account
State 125,000 125,000
303 - Highway Bond Retirement Account
State 642,180,000 685,586,000 1,327,766,000
304 - Ferry Bond Retirement Account
State 14,051,000 11,026,000 25,077,000
305 - TIB Bond Retirement Account
State 6,352,000 6,332,000 12,684,000
383 - Nondebt-Limit Reimbursable Bond Ret
State 14,826,000 14,768,000 29,594,000
389 - Toll Facility Bond Retirement Acct
State 43,243,000 43,240,000 86,483,000

Other Revenue Bonds

Account FY 2020 FY 2021 Biennium Total
389 - Toll Facility Bond Retirement Acct
State 12,686,000 12,686,000 25,372,000
Federal 99,804,000 99,718,000 199,522,000
389 - Toll Facility Bond Retirement Acct Totals 112,490,000 112,404,000 224,894,000

Bond Sale Expenses

Account FY 2020 FY 2021 Biennium Total
001 - General Fund
State 1,400,000 1,400,000 2,800,000
057 - State Building Construction Account
State 877,000 175,000 1,052,000
09H - Transportation Partnership Account
State 103,000 224,000 327,000
10P - Columbia River Basin Water Supply
State 4,000 2,000 6,000
20H - Connecting WA account
State 624,000 896,000 1,520,000
215 - Special Category C Account
State 38,000 37,000 75,000
218 - Multimodal Transportation Account
State 25,000 25,000
355 - State Tax Bld Construction Account
State 36,000 36,000
359 - School Constr & Skill Ctrs Bldg
State 1,000 1,000
366 - Watershed Restor Enhance Bond Acct
State 4,000 5,000 9,000
FY 2020 FY 2021 Biennium Total
FTES
GFS 1,192,469,000.0 1,269,597,000.0 2,462,066,000.0
Other 933,223,000.0 946,364,000.0 1,879,587,000.0
Totals 2,125,692,000.0 2,215,961,000.0 4,341,653,000.0
Expected Results

Issuance and management of the state's debt in an efficient and cost-effective manner at the lowest possible risk in accordance with federal and state regulations.