Office of Financial Management
RCW 43.41, 43.88
The Office of Financial Management (OFM) plays a central role in budget planning, policy development and fiscal administration for the executive branch. OFM prepares the executive budget proposals; monitors budget implementation; maintains Enterprise Financial Systems and central books of accounts; conducts policy research and develops legislation to support the Governor’s policy goals. OFM also provides federal-state liaison services; prepares official state census estimates; publishes forecasts for revenue distribution and growth management planning; and provides facility oversight and accounting services to agencies. In addition, OFM manages statewide human resource policy functions including classification, compensation, workforce data, recruitment and collective bargaining. OFM also supports special projects, such as Serve Washington, Results Washington and the Office of Regulatory Innovation and Assistance.
Agency Mission
The Office of Financial Management provides leadership, direction and information to support and improve government on behalf of the people of Washington state.
| Request | 246,240,000 |
|---|---|
| Net change from current biennium | 97,767,000 Increase |
| Percent change from current biennium | 65.8% Increase |
Operating Budget: Summary
Appropriated Funds
| 2017-19 Appropriations | Appropriated Funds | Expenditures | |||
|---|---|---|---|---|---|
| Amount | Estimated Balance | 2015-17 Actual | 2017-19 Estimated | 2019-21 Proposed | |
| 39,714,000 | General Fund - Basic Account - Federal | 30,290,809 | 39,714,000 | 32,514,000 | |
| 990,000 | 147,000 | General Fund - Basic Account - Private/Local | 43,353 | 843,000 | 526,000 |
| 24,215,000 | General Fund - Basic Account - State | 39,149,711 | 24,215,000 | 43,464,000 | |
| State Patrol Highway Account - State | 144,997 | ||||
| 314,000 | Econ Dev Strategic Reserve Account - State | 308,738 | 314,000 | 330,000 | |
| 3,890,000 | Motor Vehicle Account - State | 1,614,737 | 3,890,000 | 1,405,000 | |
| 116,000 | Puget Sound Ferry Operations Acct - State | 113,779 | 116,000 | 116,000 | |
| Multiagency Permitting Team Account - State | (1,000) | ||||
| 75,000 | 75,000 | Recreation Access Pass Account - State | |||
| 8,891,000 | Personnel Service Account - State | 8,031,971 | 8,891,000 | 10,900,000 | |
| Data Processing Revolving Account - State | |||||
| 1,497,000 | Higher Education Personnel Services - State | 1,497,000 | 1,497,000 | 1,497,000 | |
| 10,022,000 | SW Info Tech Sys Dev Rev Acct - State | 11,254,873 | 10,022,000 | 32,703,000 | |
| 19,280,000 | OFM Central Service Account - State | 1,174,000 | 19,280,000 | 21,550,000 | |
| 2,448,000 | Pension Funding Stabilization Acct - State | 2,448,000 | 2,446,000 | ||
| 620,000 | Performance Audits of Government - State | 531,738 | 620,000 | 678,000 | |
| 112,072,000 | 222,000 | Total Appropriated Funds | 94,155,707 | 111,850,000 | 148,128,000 |
Non-Appropriated Funds
| 2017-19 Non-Appropriated Funds | Expenditures | ||||
|---|---|---|---|---|---|
| Amount | Balance | Non-Apropriated Funds | 2015-17 Actual | 2017-19 Estimated | 2019-21 Proposed |
| Industrial Insurance Premium Refund - Nonappropriated | 15,000 | ||||
| (100,000) | Multiagency Permitting Team Account - Nonappropriated | 4,673 | 100,000 | 99,000 | |
| 2,060,000 | 2,060,000 | State Agency Ofc Relocat Pool Acct - Nonappropriated | |||
| (24,961,000) | Education Technology Revolving Acct - Nonappropriated | 23,766,851 | 24,961,000 | 24,962,000 | |
| (8,562,000) | OFM Labor Relations Service Account - Nonappropriated | 7,392,145 | 8,562,000 | 8,530,000 | |
| (3,000,000) | SW Info Tech Sys M & O Rev Acct - Nonappropriated | 2,399,903 | 3,000,000 | 64,521,000 | |
| Governor's ICSEW Account - Nonappropriated | 56,915 | ||||
| 2,060,000 | (34,563,000) | Total Non-Appropriated Funds | 33,635,487 | 36,623,000 | 98,112,000 |
Capital Budget: Summary
| Appropriated Funds | Expenditures | ||||
|---|---|---|---|---|---|
| Amount | Estimated Balance | Actual | Estimated | Proposed | |
| State Tax Bld Construction Account - Bonds | 3,925,000 | ||||
| 24,606,217 | (5,149,783) | State Building Construction Account - State | 42,494,474 | 29,756,000 | 9,003,000 |
| EWU Capital Projects Account - State | 18,778 | ||||
| WSU Building Account - State | 82,155 | ||||
| CWU Capital Projects Account - State | 14,084 | ||||
| UW Building Account - State | 93,891 | ||||
| WWU Capital Projects Account - State | 18,778 | ||||
| TESC Capital Projects Account - State | 7,042 | ||||
| Common School Construction Account - State | 1,216,000 | ||||
| 3,680,000 | 3,680,000 | Thurston County Capital Facilities - State | 1,119,540 | ||
| 28,286,217 | (1,469,783) | Total Appropriated Funds | 45,064,742 | 29,756,000 | 12,928,000 |
Operating Budget: Program Summary
| Program Title | Actual | Estimated | Proposed | ||
|---|---|---|---|---|---|
| Actual | Estimated | Estimated | Proposed | Proposed | |
| Annual Total | 59,817,587 | 67,869,125 | 29,721,140 | 124,411,000 | 121,830,000 |
Operating Budget: Change from Preceding Biennium
| Actual | Estimated | Proposed | |||
|---|---|---|---|---|---|
| Amount | Percent | Amount | Percent | Amount | Percent |
| 20,719,970 | 19.4% | (30,144,015) | (23.6%) | 148,650,736 | 152.3% |
Employment Summary
| Actual | Estimated | Proposed | |||
|---|---|---|---|---|---|
| 2016-17 Actual | 2017-18 Estimated | 2018-19 Estimated | 2019-20 Proposed | 2020-21 Proposed | |
| FTE Staff Years | 228.8 | 247.1 | 254.6 | 410.0 | 407.1 |
