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2016 SESSION & SUPPLEMENTAL BUDGET The November revenue forecast predicted a slight increase in expected revenue for the current biennium Expenditures in the biennial budget exceed $37.9 billion in total expected NGF-S revenue: –Increased caseload –A costly wildfire season –K-12 funding obligations (McCleary decision) –Voter approval of I-1366 REVENUE FORECAST & BUDGET OUTLOOK
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2016 LEGISLATIVE SESSION & SUPPLEMENTAL BUDGET
Jed BradleyHigher Education Policy AnalystOffice of Planning & Budgeting
SUPPLEMENTAL SESSIONS & BUDGETS
> Supplemental sessions last 60 days, with the possibility of one or more 30-day special sessions
> Supplemental budgets are intended to accommodate:– Technical corrections– Changes in expected Near General Fund- State (NGF-S)
revenue from revenue forecasts– Changes in legally-mandated caseloads or workloads
> All bills from the previous session are automatically reintroduced (unless passed)
> Members also can (and do) submit new bills
2016 SESSION & SUPPLEMENTAL BUDGET
> The November revenue forecast predicted a slight increase in expected revenue for the current biennium
> Expenditures in the 2015-17 biennial budget exceed $37.9 billion in total expected NGF-S revenue:– Increased caseload– A costly wildfire season– K-12 funding obligations (McCleary decision)– Voter approval of I-1366
REVENUE FORECAST & BUDGET OUTLOOK
2016 SESSION & SUPPLEMENTAL BUDGET
GOVERNOR’S BUDGET
> Governor Inslee released his 2016 Supplemental Budget proposals on December 17
> No notable increase in funding for higher education> The proposal did not fund request for additional backfill for
the tuition reduction> Includes a couple small increases for UW:
– Increased expenditure authority for shellfish biotoxin monitoring
– Increased funding for the Mathematics, Engineering, and Science Achievement (MESA) program
> No new funding for CSE building
AS A REMINDER…
> The House and Senate will have their own budget proposals
> OPB will review budgets as they are released and discuss them with State Relations
> We will produce budget briefs for all major budget proposals
> Stay tuned to the OPBlog for updates on:– All budget proposals – Revenue forecasts