COVID-19

For the latest COVID-19 health guidance, statistics and resources, visit: Coronavirus.wa.gov

You are here

Home » Budget » State budgets » 2021-23 Gov. Inslee's proposed budgets » Agency detail budgets » Office of State Treasurer

Office of State Treasurer

Article III, State Constitution; RCW 39.42, 39.58, 39.94, 39.98, 43.08, 43.33, 43.79A, 43.84, 43.86A, 43.163, 43.180, 43.250, WAC 210, 262, and 389

The State Treasurer formulates and executes policy and procedures to effectively and efficiently manage the state’s cash, debt, and investments and to protect public deposits in banks made by state and local governments.

Agency Mission

We manage investments, debt and cash to preserve and enhance our state's strong financial standing, build economic vitality, and get the highest possible value for every tax dollar.
Request 19,190,000
Net change from current biennium (855,000) Decrease
Percent change from current biennium (4.3%) Decrease

Operating Budget: Summary

Appropriated Funds

2019-21 Appropriations Appropriated Funds Expenditures
Amount Estimated Balance   2017-19 Actual 2019-21 Estimated 2021-23 Proposed
73,754,000 73,754,000 General Fund - State 73,754,000
20,045,000 State Treasurer's Service Account - State 16,553,130 20,045,000 19,190,000
93,799,000 73,754,000 Total Appropriated Funds 90,307,130 20,045,000 19,190,000

Non-Appropriated Funds

2019-21 Non-Appropriated Funds Expenditures
Amount Balance Non-Apropriated Funds 2017-19 Actual 2019-21 Estimated 2021-23 Proposed
Separately Managed OST Service Acct - Nonappropriated 42,592
Public Funds Investment Account - Nonappropriated 44,159,794,354
Sep Managed Public Fnds Invest Acct - Nonappropriated 109,164
Total Non-Appropriated Funds 44,159,946,110

Operating Budget: Program Summary

Program Title Actual Estimated Proposed
Actual Estimated Estimated Proposed Proposed
Annual Total 45,015,328 45,193,773 22,143,028 9,566,000 9,624,000

Operating Budget: Change from Preceding Biennium

Actual Estimated Proposed
Amount Percent Amount Percent Amount Percent
739,948 0.83% (22,970,329) (25.4%) (48,146,802) (71.5%)

Employment Summary

  Actual Estimated Proposed
  2018-19 Actual 2019-20 Estimated 2020-21 Estimated 2021-22 Proposed 2022-23 Proposed
FTE Staff Years 60.3 60.3 58.1 68.1 67.8