In a new policy brief, we take a look at Gov. Inslee’s 2018 supplemental budget proposal. It would increase NGFS+ spending by $960.8 million, raising 2017–19 appropriations to $44.7 billion.

Of that spending increase, $761.4 million would be appropriated to fully implement new school staff salaries in school year 2018–19.

Under the proposal, the unrestricted ending fund balance would be $759 million, with total reserves of $2.2 billion. The governor states that his budget will balance over four years, complying with the statutory balanced budget requirement. The proposal would transfer about $476 million out of the rainy day fund in 2019–21.