New brief: House-Passed Budget Would Increase 2019–21 Appropriations by $1.178 billion—21.0 Percent Above 2017–19
The House has passed a 2020 supplemental operating budget that would increase 2019–21 appropriations from funds subject to the outlook plus the workforce education investment account (NGFO+WEIA) by $1.178 billion. If adopted, revised 2019–21 appropriations would increase by 21.0 percent over 2017–19. The House- and Senate-passed operating budgets are very similar. Neither would increase taxes […]
March 04 , 2020 - WRC
New brief: Senate-Passed Budget Would Increase 2019–21 Appropriations by $1.132 billion—20.9 Percent Above 2017–19
Given the forecast revenue increases since the 2019–21 biennial operating budget was enacted last year, the Senate-passed supplemental operating budget would not rely on new taxes and it would not make appropriations from the rainy day fund. It would increase 2019–21 appropriations from funds subject to the outlook plus the workforce education investment account (NGFO+WEIA) […]
March 03 , 2020 - WRC
New brief: Comparing the 2020 Supplemental Operating Budgets
The Senate and House have each passed supplemental operating budgets for 2019–21. The Senate-passed budget would increase 2019–21 appropriations from funds subject to the outlook (NGFO) and the workforce education investment account (WEIA) by $1.132 billion. The House-passed budget would increase appropriations from the NGFO+WEIA by $1.178 billion. Most of the difference between the two […]
February 24 , 2020 - WRC
New brief: Washington’s Business Taxes Exceed National Average
Washington’s tax structure relies heavily on businesses. Before significant new taxes were enacted last year, Washington businesses paid about half of state and local taxes in 2018. That year, Washington ranked 6th highest in business taxes per employee, 18th highest in taxes as a share of business output and 13th highest in the share of […]
February 04 , 2020 - WRC
New brief: Preemptively Overhauling the Workforce Education Investment Surcharge
One of the major new taxes adopted last year was the workforce education investment business and occupation (B&O) tax surcharge. Appropriations were also made last year from the new workforce education investment account (WEIA) to fund higher education programs. The Legislature is now working to overhaul the surcharge to address three issues: (1) Administrative and […]
January 14 , 2020 - WRC
New brief: Gov. Inslee’s 2020 Supplemental Operating Budget Would Tap the Rainy Day Fund
Economic growth since the 2019 legislative session ended means that the Legislature has $1.016 billion more to work with over four years than it did when the biennial budget was adopted. Gov. Inslee has proposed a 2020 supplemental operating budget that would appropriate $318.7 million from the budget stabilization account (BSA, or rainy day fund) […]
October 09 , 2019 - WRC
New brief: I-976: Reversing Transportation Taxes and Fees
I-976 would limit annual state and local vehicle license fees to $30, revoke the authority for transportation benefit districts to impose vehicle fees, repeal the state motor vehicle sales tax, revoke Sound Transit’s authority to impose a motor vehicle excise tax (if possible to do so under the terms of its bonds), and specify that […]
July 12 , 2019 - WRC
New policy brief: Long-Term Care and Paid Family and Medical Leave: A Tale of Two Payroll Taxes
The Legislature has enacted two major payroll taxes in the last two years. Payroll taxes fund both a new long-term care insurance program that was enacted this year (the first in the nation) and the paid family and medical leave program that was adopted in 2017. The long-term care insurance premiums will be 0.58 percent […]
May 22 , 2019 - WRC
New policy brief: Despite Substantial Recent Revenue Growth, Legislature Increases Taxes by Over $1 Billion
The March revenue forecast estimated that 2019–21 revenues will be $50.555 billion, an increase of 9.6 percent over 2017–19 (also as estimated in the March forecast). Nevertheless, the Legislature passed several tax bills that will increase total revenues by a net of $1.101 billion in 2019–21 (based on the most recent fiscal estimates). Of that, […]
May 16 , 2019 - WRC
New policy brief: State Operating Appropriations for 2019–21 Increase by 18.3 Percent, Topping $50 Billion
Operating appropriations for 2019–21, as passed by the Legislature, are $52.852 billion— an 18.3 percent increase over 2017–19 appropriations. This is the largest increase in at least 25 years, and it comes after significant increases of 13.6 percent in 2015–17 and 16.9 percent in 2017–19. A major contributor to the increase in appropriations for 2019–21 […]