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Agency detail budgets – proposed

Agency detail budgets – proposed
Home / Budget / State Budget 2023-25 / Gov. Inslee’s proposed 2023–25 budgets / Agency detail budgets / Agency detail budgets – proposed /

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.

Agency Mission

Request 6,818,402,000
Net change from current biennium 625,704,000 Increase
Percent change from current biennium 10.1% Increase

Operating Budget: Summary

Appropriated Funds

2021-23 Appropriations Appropriated Funds Expenditures
Amount Estimated Balance 2019-21 Actual 2021-23 Estimated 2023-25 Proposed
(199,129,000) SR #520 Corridor Account - Federal 199,129,000 198,705,000
199,129,000 Toll Facility Bond Retirement Acct - Federal 199,521,875 199,129,000 194,241,000
COP/Other Financing Account - Local - Nonappropriated 134,209
COP/Other Financing Account - State - Nonappropriated 1,018,120
2,610,318,000 General Fund - State 2,384,991,925 2,610,318,000 3,048,918,000
23,572,000 State Building Construction Account - State 5,053,742 23,572,000 16,913,000
(17,150,000) Puget Sound Capital Construction - State 17,150,000 4,616,000
944,000 (512,873,000) Transportation Partnership Account - State 248,903 513,817,000 512,740,000
(308,777,000) Motor Vehicle Account - State 308,777,000 316,191,000
16,000 16,000 Columbia River Basin Water Supply - State 14,473
20,000 (18,152,000) Transportation Improvement Account - State 18,172,000 10,914,000
(101,748,000) SR #520 Corridor Account - State 101,748,000 101,744,000
1,960,000 (132,202,000) Connecting WA account - State 1,679,325 134,162,000 146,407,000
308,000 (31,835,000) Special Category C Account - State 29,055 32,143,000 30,090,000
(29,278,000) Multimodal Transportation Account - State 29,278,000 28,605,000
1,408,622,000 3,489,000 Highway Bond Retirement Account - State 1,308,271,130 1,405,133,000 1,633,837,000
17,150,000 Ferry Bond Retirement Account - State 25,077,375 17,150,000 4,616,000
18,152,000 (1,000) TIB Bond Retirement Account - State 12,054,042 18,153,000 10,895,000
561,000 State Tax Bld Construction Account - State 124,480 561,000 1,052,000
School Constr & Skill Ctrs Bldg - State 4,527
220,000 Watershed Restor Enhance Bond Acct - State 25,360 220,000 248,000
511,000 Debt-Limit Reimbursable Bond Ret - State 564,900 511,000 119,000
84,232,000 Nondebt-Limit Reimbursable Bond Ret - State 181,512,338 84,232,000 80,336,000
101,748,000 Toll Facility Bond Retirement Acct - State 110,934,514 101,748,000 101,744,000
(377,595,000) Transportation 2003 Acct (Nickel A) - State 377,595,000 374,829,000
I-405 and SR-167 Express Toll Lanes - State 642,000
4,467,463,000 (1,725,235,000) Total Appropriated Funds 4,231,260,292 6,192,698,000 6,818,402,000

Non-Appropriated Funds

Operating Budget: Program Summary

Program Title Actual Estimated Proposed
Actual Estimated Estimated Proposed Proposed
Annual Total 2,111,528,344 2,187,688,679 1,352,058,541 2,377,706,000 2,511,308,000

Operating Budget: Change from Preceding Biennium

Actual Estimated Proposed
Amount Percent Amount Percent Amount Percent
137,662,821 3.4% (690,360,743) (16.3%) 1,349,266,780 38.1%