Bond Retirement and Interest
Bond Retirement and Interest provides the functional support to the State Finance Committee in its statutory role. Activities include budgeting and accounting for the state’s debt program, the sale of state bonds, disbursement of debt service on outstanding long term debt, certification of the constitutional debt limit, administration of the state and local lease purchase programs, and administration of the school bond guarantee program.
| Request | 5,555,773,000 |
|---|---|
| Net change from current biennium | 212,927,000 Increase |
| Percent change from current biennium | 4.0% Increase |
Operating Budget: Summary
Appropriated Funds
| 2017-19 Appropriations | Appropriated Funds | Expenditures | |||
|---|---|---|---|---|---|
| Amount | Estimated Balance | 2015-17 Actual | 2017-19 Estimated | 2019-21 Proposed | |
| 199,901,000 | Toll Facility Bond Retirement Acct - Federal | 200,215,100 | 199,901,000 | 199,522,000 | |
| 2,293,796,000 | 11,109,000 | General Fund - Basic Account - State | 2,192,017,570 | 2,282,687,000 | 2,471,831,000 |
| 8,647,000 | State Building Construction Account - State | 7,257,659 | 8,647,000 | 7,325,000 | |
| (28,212,000) | Puget Sound Capital Construction - State | 28,212,000 | 25,077,000 | ||
| 6,076,000 | (448,127,000) | Transportation Partnership Account - State | 1,339,627 | 454,203,000 | 384,800,000 |
| 883,000 | (308,923,000) | Motor Vehicle Account - State | 2,500,000 | 309,806,000 | 313,562,000 |
| 137,000 | Columbia River Basin Water Supply - State | 63,364 | 137,000 | 36,000 | |
| Hood Canal Aquatic Rehabilitation - State | |||||
| (13,253,000) | Transportation Improvement Account - State | 13,253,000 | 12,684,000 | ||
| SR #520 Corridor Account - State | 262,352 | 111,855,000 | |||
| 14,000 | 14,000 | Col River Basin Tax Bond Wtr Sup - State | 44,235 | ||
| 3,839,000 | 1,798,000 | Connecting WA account - State | 2,041,000 | 56,562,000 | |
| (47,053,000) | Special Category C Account - State | 47,053,000 | 50,636,000 | ||
| (26,608,000) | Multimodal Transportation Account - State | 26,608,000 | 29,585,000 | ||
| 1,229,874,000 | (740,000) | Highway Bond Retirement Account - State | 1,173,422,021 | 1,230,614,000 | 1,189,577,000 |
| 28,873,000 | 661,000 | Ferry Bond Retirement Account - State | 29,229,700 | 28,212,000 | 25,738,000 |
| 13,254,000 | TIB Bond Retirement Account - State | 16,079,595 | 13,254,000 | 12,684,000 | |
| 526,000 | State Tax Bld Construction Account - State | 313,727 | 526,000 | 249,000 | |
| 3,903 | 3,903 | School Constr & Skill Ctrs Bldg - State | 5,000 | ||
| 7,350 | 7,350 | Watershed Restor Enhance Bond Acct - State | 55,000 | ||
| Debt-Limit GF Bond Retirement Acct - State | |||||
| 570,000 | Debt-Limit Reimbursable Bond Ret - State | 1,425,029 | 570,000 | 566,000 | |
| 210,940,000 | 427,000 | Nondebt-Limit Reimbursable Bond Ret - State | 204,823,834 | 210,513,000 | 183,182,000 |
| 111,865,000 | Toll Facility Bond Retirement Acct - State | 67,849,945 | 111,865,000 | 111,855,000 | |
| 544,000 | (374,200,000) | Transportation 2003 Acct (Nickel A) - State | 261,310 | 374,744,000 | 368,387,000 |
| Accident Account - State | 2,080,131 | ||||
| Medical Aid Account - State | 2,080,131 | ||||
| 4,109,750,253 | (1,233,095,747) | Total Appropriated Funds | 3,901,265,330 | 5,342,846,000 | 5,555,773,000 |
Non-Appropriated Funds
| 2017-19 Non-Appropriated Funds | Expenditures | ||||
|---|---|---|---|---|---|
| Amount | Balance | Non-Apropriated Funds | 2015-17 Actual | 2017-19 Estimated | 2019-21 Proposed |
| COP/Other Financing Account - Local - Nonappropriated | 8,287 | ||||
| COP/Other Financing Account - State - Nonappropriated | 1,256,237 | ||||
| Stadium/Exhibition Center Account - Nonappropriated | 620,232 | ||||
| Total Non-Appropriated Funds | 1,884,756 | ||||
Operating Budget: Program Summary
| Program Title | Actual | Estimated | Proposed | ||
|---|---|---|---|---|---|
| Actual | Estimated | Estimated | Proposed | Proposed | |
| Annual Total | 1,997,358,020 | 2,022,573,136 | 1,213,451,489 | 2,083,464,000 | 2,195,432,000 |
Operating Budget: Change from Preceding Biennium
| Actual | Estimated | Proposed | |||
|---|---|---|---|---|---|
| Amount | Percent | Amount | Percent | Amount | Percent |
| 649,583,414 | 20.0% | (665,860,937) | (17.1%) | 1,042,871,375 | 32.2% |
Employment Summary
| Actual | Estimated | Proposed | |||
|---|---|---|---|---|---|
| 2016-17 Actual | 2017-18 Estimated | 2018-19 Estimated | 2019-20 Proposed | 2020-21 Proposed | |
| FTE Staff Years | |||||
