At the Municipal Research and Services Center’s blog, Stan Finkelstein offers some useful budgeting advice for local governments. He notes,
Many local officials have incorporated into their 2017 budgets the filling of new positions, expansion or growth of services, and the incurring of new debt to be serviced by General Fund/Current Expense revenues.
The governor is required by law to propose a budget that balances within existing revenues—this is called the “Book 1” budget. The 2017–19 operating budget Gov. Inslee proposed last week certainly did not meet that criteria, but it represents his preferred spending program. It would increase near general fund–state plus opportunity pathways (NGFS+) spending by $8.242 billion.
Gov. Inslee has proposed increasing the 2017-19 near general fund–state plus opportunity pathways (NGFS+) operating budget by $8.2 billion over 2015-17 expenditures. This number includes the $3.9 billion in education spending the governor proposed yesterday, and it includes both policy and maintenance level spending.
Gov. Inslee’s education proposal would increase spending by $3.9 billion and add $4.4 billion in new taxes
Last week we released a report on prescription drug spending and Medicaid, and their impacts on the state budget. Coincidentally, the Health Care Authority (HCA) and Office of Financial Management (OFM) released a report to the Legislature the same day, called, “Review of Prescription Drug Costs and Summary of Potential Purchasing Strategies.”
The new budget outlook includes an estimate of final McCleary costs, despite a lack of agreement on what that number will be
Yesterday the Economic and Revenue Forecast Council (ERFC) adopted a new budget outlook that includes the end of the 2015–17 biennium, 2017–19, and 2019–21. It is controversial in that it includes an estimate for how much it will cost to complete compliance with the McCleary decision on school funding.
Here are some highlights:
The attorney general’s office has responded to the state Supreme Court’s July 14 order in the McCleary case. No big surprises here -- the brief argues the contempt order should be dissolved and the sanctions ended.