Department of Financial Institutions
| Average Annual FTEs | Near General Fund State | Other Funds | Total Funds | |
|---|---|---|---|---|
| (Dollars in Thousands) | ||||
| Current Budget | 229.4 | 0 | 80,634 | 80,634 |
| 2023-25 Maintenance Level | 229.4 | 0 | 80,390 | 80,390 |
| Difference from Original | 0.0 | 0 | (244) | (244) |
| % Change from Original | 0.0% | 0.0% | (0.3%) | (0.3%) |
2023-25 Policy Other Changes |
||||
| WA SAVES | 2.0 | 0 | 546 | 546 |
| 2023-25 Policy Other Changes Total | 2.0 | 0 | 546 | 546 |
| Total Policy Changes | 2.0 | 0 | 546 | 546 |
| Policy Level | 231.4 | 0 | 80,936 | 80,936 |
| Difference from Original | 2.0 | 0 | 302 | 302 |
| % Change from Original | 0.87% | 0.0% | 0.37% | 0.37% |
Policy Changes
WA SAVES
The Department of Financial Institutions (DFI) requests an appropriation to implement 2024 Engrossed Substitute Senate Bill 6069, which established the Washington Saves Program. Hours before Sine Die the legislature amended the bill to make DFI responsible for standing up a new statewide retirement marketplace, but the agency did not receive funding to carry out this work (Financial Services Regulation Acct - Non-Appropriated)
