Other pages about the topic: Budget

State revenue projection for 2023–25 increased by $122 million; 2025–27 up by $215 million

OLYMPIA – Washington’s projected Near General Fund revenue collections for the 2023–25 state budget increased by $122 million to around $67 billion — about a 0.2% increase from the November 2023 projection, according to estimates released today by the Washington State Economic and Revenue Forecast Council.

Investing in Washington’s people and communities: Inslee budget prioritizes urgent needs in homelessness, fentanyl and behavioral health

Governor Jay Inslee released his 2024 supplemental budget proposals, which serve as a mid-way update to the state’s two-year 2023–25 budgets. His release precedes the start of the 60-day legislative session on January 8.

Heading into the new year, Washington’s overall economic health remains strong. Pandemic response funding is winding down, but new state revenues have kept pace with higher costs from inflation and entitlement caseload increases.

State revenue projection for 2023–25 increased by $191 million; 2025–27 up by $579 million

OLYMPIA – Washington’s projected Near General Fund revenue collections for the 2023–25 state budget have increased by $191 million to around $66.9 billion — about a 0.3% increase from the September 2023 projection, according to estimates released today by the Washington State Economic and Revenue Forecast Council.

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.

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