UW Budget
June 17, 2011
Projected 2011-13 State Revenue Takes a Dive
Yesterday, the Washington State Economic Revenue and Forecast Council released a troubling update for 2011-13 state general fund revenue. Overall, the over $730 million dollars held in reserve in the recently signed budget is now projected to be only $163 million. If this trend continues, mid-year and supplemental session cuts may be likely. Please see…
May 25, 2011
No Surprises in (Nearly) Final State Operating & Capital Budgets
While the House and Senate have yet to finish sine die today, both capital and operating budgets are close to final. The UW’s operating budget cut is $207 million over the biennium. UW’s cuts are comprised of “higher education reductions” and a mandatory 3 percent, general fund state compensation reduction ($12 million per year). Compensation reductions,…
April 19, 2011
Special Session Likely as WA Senate Passes Budget with 6 Days to Spare
The Washington State Senate passed its budget last night after adopting two floor amendments. The budget cuts, compensation reductions, and policy issues we outlined were not amended in any substantive way in the engrossed budget passed by the Senate last night. Readers can examine the evolution of the House and Senate versions in detail here and here….
April 13, 2011
WA Senate Budget: Deeper Cuts, Higher Tuition, Compensation Reductions
Senate Ways & Means leadership released their bipartisan budget last night after a 7PM press conference. Budget reductions total $4.8 billion and the largest cuts are targeted to K12 education, higher education, employee compensation across all sectors of state governemnt, and basic health. The UW’s general fund appropriation is cut more in the Senate budget ($217 million) than…
April 12, 2011
State House of Reps Passes Operating Budget Saturday
After considering numerous floor amendments last Friday evening, the House passed their operating budget on Saturday afternoon. The House budget appropriates $32.2 billion in general fund state operating funds and makes significant cuts to health and human services, K-12 education, and higher education. Like the House Ways & Means chair budget, the engrossed budget cuts $204 million…
April 5, 2011
Finally, House Operating and Capital Budget Details
The House released operating and capital budgets yesterday for the upcoming biennium (FY12 & FY13). This budget is an important next step in the budget development process in Olympia but we are far from having a final compromise budget. The House operating budget proposal: Cuts state funding for the UW by $204 million over two…
March 31, 2011
Wherefore art thou, House Operating Budget?
When the revenue forecast was released on March 17, House fiscal leadership indicated that their operating budget would be delayed. We hoped to see a budget on March 21st and then on March 29th. Tomorrow is April 1 and your analysts at OPBlog anticipate having neither budget drafts to write about nor fantastic prank ideas to…
March 18, 2011
New UW Website Centralizes Budget Information
You might notice links for a new website, UW Budget Watch, popping up on UW homepages (including OPB and right here on the blog). OPB worked with Web Communications staff to develop one website that would consolidate many sources of information relating to the state budget and how it has and is expected to continue…
March 17, 2011
March Revenue Forecast Reduces WA General Fund Budget by $698 million
State Economic Forecast Council Director Dr. Arun Raha released the March revenue forecast today. This forecast serves as the revenue basis for the Legislature’s general fund budget in the 2011-13 biennium (FY12 and FY13). 2009-11 Biennium (FY10 & FY11) While many economic indicators used in his analysis show tentative growth in 2011, revenue collections through…
February 24, 2011
UW Asked to Model Steep Budget Cuts for 2011-13
Last week, Senate and House Fiscal and Higher Education Committee leadership asked all public baccalaureate institutions and the community and technical colleges to identify specific budget reductions at three levels for 2011-13. For the UW, those cut intervals were: The Governor’s proposed $189.8 million cut, a $218 million cut (Governor’s cut + 15%), and a $246…
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