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105 - Office of Financial Management

Last Updated: 10/07/2024

Summary Financial Report for 2023-25 Biennium to Date

Dollars in thousands

All Funds Variance to Date
(8,618) Overexpenditure
(4.4%) Overexpenditure

Planned vs. Actual Cumulative Expenditures - All Funds

Monthly Planned vs. Actual Expenditures - All Funds

Monthly Planned vs. Actual Expenditures - GFS

Expenditure by Program

Program Estimate Actual Variance % Variance
Administration 1,387 1,474 (87) (6.3%)
Budget 14,691 11,368 3,323 22.6%
Statewide Accounting and Fiscal Services 5,992 5,567 425 7.1%
Statewide Policy 3 (3)
Forecasting 13,806 12,163 1,643 11.9%
Management and Productivity 10,873 5,597 5,275 48.5%
K-20 Network 14,735 12,461 2,274 15.4%
Office of the Human Resources Director 21,759 17,328 4,431 20.4%
Core Financial Systems 19,664 54,509 (34,845) (177.2%)
Information Technology Services 65,999 60,474 5,525 8.4%
Special Projects 24,941 21,520 3,421 13.7%
Totals 193,847 202,464 (8,618) (4.4%)

FTE

Program Estimate Actual Variance % Variance
Administration 6 6 0.20 3.3%
Budget 45 42 3 6.9%
Statewide Accounting and Fiscal Services 26 26 (0) (0.4%)
Statewide Policy
Forecasting 56 48 7 12.9%
Management and Productivity 62 60 2 3.7%
K-20 Network 0.20 0.30 (0) (50.0%)
Office of the Human Resources Director 83 77 6 7.1%
Core Financial Systems 78 91 (13) (16.9%)
Information Technology Services 190 169 21 10.9%
Special Projects 12 14 (3) (25.2%)
Totals 557 534 23 4.1%

Expenditure by Fund Group

Program Estimate Actual Variance % Variance
General Fund Federal 21,616 18,348 3,268 15.1%
General Fund Private/Local 1,993 1,481 512 25.7%
General Fund State 24,205 18,440 5,765 23.8%
Other Funds Federal 656 593 63 9.6%
Other Funds Non-Appropriated 58,484 82,515 (24,031) (41.1%)
Other Funds State 86,894 81,088 5,806 6.7%
Totals 193,848 202,465 (8,617) (4.4%)

Revenue by Fund Group

Program Estimate Actual Variance % Variance
General Fund Federal 20,571 16,962 (3,609) (17.5%)
General Fund Private/Local 1,968 1,804 (164) (8.4%)
General Fund State 24,166 24,166
Other Funds Federal 656 (656) (100.0%)
Other Funds State 247,218 187,227 (59,990) (24.3%)
Totals 270,413 230,159 (40,253) (14.9%)

Revenue by Fund

Program Estimate Actual Variance % Variance
General Fund 22,539 42,932 20,392 90.5%
Industrial Insurance Premium Refund Account 80 80
Personnel Service Account 26,752 15,061 (11,691) (43.7%)
Education Technology Revolving Fund 17,933 1,703 (16,230) (90.5%)
OFM Labor Relations Service Account 9,026 8,790 (236) (2.6%)
Higher Education Personnel Services Account 1,954 1,943 (11) (0.5%)
Statewide Information Technology System Development Revolving Account 118,909 99,149 (19,760) (16.6%)
OFM Central Service Account 19,481 14,874 (4,608) (23.7%)
Statewide Information Tech System Maintenance & Operations Revolving Account 53,162 45,628 (7,534) (14.2%)
Coronavirus State Fiscal Recovery Fund 656 (656) (100.0%)
Totals 270,412 230,160 (40,254) (14.9%)

Deficit Fund Balance

Program BTD Balance Proj. Balance
State Agency Office Relocation Pool Account (554) (2,827)
Forest Resiliency Account 120 (3,213)
Personnel Service Account 3,193 (21,231)
Information Technology Investment Revolving Account 17,885 (17,187)
OFM Central Service Account (936) (2,978)
Statewide Information Tech System Maintenance & Operations Revolving Account (16,969) (5,468)
Risk Management Administration Account 76 (290)
Coronavirus State Fiscal Recovery Fund (95,416) 257,969
Washington Rescue Plan Transition Acct (1,302,000) (2,100,000)
Stadium and Exhibition Center Account (3,715) (3,708)