Other pages about the topic: Budget

State revenue projection for 2023–25 increased by $663 million; 2025-2027 increased by $437 million

OLYMPIA – The Washington State Economic and Revenue Forecast Council’s most recent forecast for Near General Fund revenue collections in the 2023-25 biennium increased by $663 million to around $66.7 billion — a 1% increase from the June 2023 projection. The forecasts for Near General Fund revenue collections are critical as they signify the state’s fiscal health, impacting the allocation and deployment of resources across various state services and initiatives.

Agency budget requests for 2024 supplemental now available online

View operating budget requests that state agencies and higher education institutions have submitted to us for consideration in Gov. Inslee's 2024 supplemental budget proposal:

Agency Budget Requests

The website is best viewed in either Microsoft Edge or Google Chrome browser.

For help in using the online system, check out this guide:

Federal infrastructure dollars fund high-speed internet, ferry upgrades, clean energy and wildfire mitigation

The Infrastructure Investment and Jobs Act (IIJA), also known as the Bipartisan Infrastructure Law (BIL), was signed into law by President Biden in November 2021, and was followed by the Inflation Reduction Act (IRA) of August 2022.  As of August 2023, these bills have funded $3.60 billion in federal grants to Washington state agencies, including $3.59 billion from the IIJA/BIL and $9 million from the IRA.

The federal funds are used for projects within categories listed below:

State revenue projection for 2023–25 forecast increased by $327 million

OLYMPIA – Washington’s projected Near General Fund revenue collections for the 2023–25 state budget have increased by nearly $327 million, according to estimates released today by the Washington State Economic and Revenue Forecast Council.

Housing, homelessness and behavioral health top Inslee’s budget priorities for 2023-25

Gov. Jay Inslee released his 2023–25 budget proposals today, urging legislators to continue prioritizing investments in housing, homelessness, and behavioral health with urgency and audacity. His budgets also outline updated plans for climate, salmon recovery, education, public safety, state workforce, and more.

At the heart of Inslee’s housing proposal is a referendum that will allow legislators to front-load $4 billion of housing construction over the next six years.