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Home » Budget » State budgets » 2021-23 Gov. Inslee's proposed budgets » Agency detail budgets » Bond Retirement and Interest

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 6,322,484,000
Net change from current biennium 604,924,000 Increase
Percent change from current biennium 10.6% Increase

Operating Budget: Summary

Appropriated Funds

2019-21 Appropriations Appropriated Funds Expenditures
Amount Estimated Balance   2017-19 Actual 2019-21 Estimated 2021-23 Proposed
199,522,000 Toll Facility Bond Retirement Acct - Federal 199,900,525 199,522,000 199,129,000
2,406,790,000 General Fund - State 2,277,426,037 2,406,790,000 2,668,304,000
7,325,000 State Building Construction Account - State 3,999,015 7,325,000 14,789,000
(25,078,000) Puget Sound Capital Construction - State 25,078,000 17,150,000
1,688,000 (503,420,000) Transportation Partnership Account - State 937,993 505,108,000 507,238,000
(308,178,000) Motor Vehicle Account - State 61,658 308,178,000 310,295,000
36,000 Columbia River Basin Water Supply - State 9,149 36,000 16,000
(12,452,000) Transportation Improvement Account - State 12,452,000 11,770,000
SR #520 Corridor Account - State
Col River Basin Tax Bond Wtr Sup - State
9,322,000 (93,637,000) Connecting WA account - State 102,959,000 379,972,000
126,000 (45,673,000) Special Category C Account - State 45,799,000 32,449,000
150,000 (31,229,000) Multimodal Transportation Account - State 31,379,000 29,537,000
1,378,835,000 19,471,000 Highway Bond Retirement Account - State 1,246,203,589 1,359,364,000 1,547,860,000
25,078,000 Ferry Bond Retirement Account - State 28,211,035 25,078,000 17,150,000
12,452,000 TIB Bond Retirement Account - State 13,252,665 12,452,000 11,770,000
332,000 State Tax Bld Construction Account - State 537,441 332,000 561,000
6,000 6,000 School Constr & Skill Ctrs Bldg - State 7,178
55,000 Watershed Restor Enhance Bond Acct - State 4,543 55,000 220,000
566,000 Debt-Limit Reimbursable Bond Ret - State 568,413 566,000 511,000
184,423,000 1,241,000 Nondebt-Limit Reimbursable Bond Ret - State 209,523,435 183,182,000 90,740,000
111,855,000 Toll Facility Bond Retirement Acct - State 111,864,124 111,855,000 101,748,000
(380,050,000) Transportation 2003 Acct (Nickel A) - State 158,607 380,050,000 381,275,000
Accident Account - State
Medical Aid Account - State
4,338,561,000 (1,378,999,000) Total Appropriated Funds 4,092,665,407 5,717,560,000 6,322,484,000

Non-Appropriated Funds

2019-21 Non-Appropriated Funds Expenditures
Amount Balance Non-Apropriated Funds 2017-19 Actual 2019-21 Estimated 2021-23 Proposed
COP/Other Financing Account - Local - Nonappropriated 9,503
COP/Other Financing Account - State - Nonappropriated 1,006,695
Total Non-Appropriated Funds 1,016,198

Operating Budget: Program Summary

Program Title Actual Estimated Proposed
Actual Estimated Estimated Proposed Proposed
Annual Total 2,070,092,271 2,118,579,620 1,243,810,571 2,340,245,000 2,637,980,000

Operating Budget: Change from Preceding Biennium

Actual Estimated Proposed
Amount Percent Amount Percent Amount Percent
195,866,927 5.0% (730,275,217) (17.8%) 1,615,834,810 48.1%

Employment Summary

  Actual Estimated Proposed
  2018-19 Actual 2019-20 Estimated 2020-21 Estimated 2021-22 Proposed 2022-23 Proposed
FTE Staff Years