Budget
Funds Subject to the Outlook (NGFO)
Legislative fiscal committee staffs base budget presentations on a synthetic “account” that rolls up the general fund–state (the state’s primary budget account) with the education legacy trust account and the opportunity pathways account, because they believe that it better reflects the entire budget situation. Previously called the near general fund-state plus opportunity pathways (NGFS+), it is now more simply called “funds subject to the outlook” or the near general fund-outlook (NGFO). (Under the four-year balanced budget requirement, a positive ending balance is required in the current biennium on an NGFO basis.)
Recent WRC budget Posts
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Other Resources
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Featured WRC Analysis
- Washington’s Budget Sustainability Requirements Work When Followed Jan. 4, 2019
- Washington Spending Review: Spending Up 44 Percent Since Pre-Recession Peak Dec. 12, 2018
- Washington Revenue Review: Revenues Are Still Growing Strong, But for How Long? Dec. 7, 2018
- In the 2018 Supplemental, the School Salary Increase is Fully Funded, But the Rainy Day Fund is Shortchanged March 15, 2018
- Has the State Finally Closed the Book on McCleary? August 17, 2017
Recent WRC budget Posts
Other Resources
Legislative Evaluation & Accountability Program Committee (budget documents and information)
Washington State Fiscal Information (spending and revenue data)
Economic and Revenue Forecast Council:
National Association of State Budget Officers: Reports & Data
Office of Financial Management: Comprehensive Annual Financial Report (information on the state’s financial position)
Senate Ways & Means Committee: