budget
February 27, 2014
House and Senate Release Supplemental Operating and Capital Budgets
Leadership in both the House and Senate fiscal committees released supplemental operating and capital budgets this week, proposing technical corrections and appropriation changes to the current 2013-15 biennial budgets (primarily applicable to FY15). Please see the full OPB brief for information on each proposal. As a reminder, both budgets will be amended in respective committees,…
December 17, 2013
Governor Releases 2014 Supplemental Budgets
Governor Jay Inslee released 2014 supplemental budgets, making changes to the current 2013-15 (FY14 & FY15) biennial operating and capital budgets. As a reminder, both chambers of the Legislature will propose their own supplemental budgets throughout this short 60-day session as they work towards compromise budgets. The supplemental operating budget would provide an additional $1 million…
November 22, 2013
This Week in Higher Ed News
Student Exchanges Hit Record High. According to the Open Doors Report on International Educational Exchange, the number of international students at U.S. colleges and universities and the number of American students studying abroad are at record highs. In 2012-13, 820,000 foreign students attended American higher ed institutions, a 55,000 increase (7.2 percent) from the previous…
November 20, 2013
Slight Decline in State Revenue Forecast
Today’s release of the November general fund state revenue forecast indicates that current biennial revenue is slightly down from September’s projection. The decline is largely due to a technical adjustment which resulted in a $41 million decrease of available funding this biennium, though collections for the current biennium are $16 million over prior projections. The net decrease…
June 18, 2013
Washington’s June Revenue Forecast Shows Small Improvements
On Tuesday, June 18, the Washington State Economic & Revenue Forecast Council (ERFC) released its quarterly update of General Fund-State (GFS) revenues. Compared with the March forecast, expected GFS revenues are up $110 million for the current biennium (2011-13) and $121 million for the next biennium (2013-15), meaning legislators have an additional $231 million to factor…
June 10, 2013
Senate Releases Revised Budget Proposal
On Saturday, the Senate released a revised budget proposal, which closely resembles the budget they passed in April. For the UW, the two budgets differ in just a few ways: Unlike the original Senate budget, the revised budget does not include a $12.5M transfer away from the UW Hospital Account; The revised budget does not cut the…
June 6, 2013
House Chair Releases Revised Budget Proposal
House Ways & Means Chair Ross Hunter released a revised House budget proposal today. The proposal represents Democrats’ updated negotiating position as budget discussions intensify in the last few weeks of the current biennium. We expect the revised House chair budget to pass the floor later this week, after which leaders of both parties and…
June 3, 2013
Washington Roundtable Urges Legislators to Prioritize Higher Education
A recent update on our state’s progress toward meeting the Washington Roundtable’s Benchmarks for a Better Washington emphasizes the need for legislative action on education, including protecting funding for our public universities, as well as transportation and business costs. The Roundtable – a nonprofit, public policy organization comprised of major, local business executives – created the Benchmarks…
April 25, 2013
UW Ranks 1st among Public Schools and 2nd Overall for Federal R&D Funding
Of the nearly 900 schools that received federal money for research and development (R&D) in FY 2011, the UW ranks first among public institutions and second overall in terms of federal research funding. According to a study by the National Science Foundation (NSF), approximately 20 percent of all federal R&D support went to just 10…
April 11, 2013
House Chair Released 2013-15 Operating Budget
House Ways & Means Chair Ross Hunter released the House budget proposal today. Please see the OPB Brief for a complete analysis. Table 1 shows the total funding the UW would receive under the House chair budget, divided into three standard categories: the carry forward level, the maintenance level and the performance level. The House assumes…
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