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Strong budgeting practices will help governments manage coronavirus state and local fiscal recovery funds

Strong budgeting practices will help governments manage coronavirus state and local fiscal recovery funds
Emily Makings

May 14, 2021

Washington’s state and local governments will receive $7.120 billion from the coronavirus state and local fiscal recovery funds (part of the American Rescue Plan Act). (Posts on Treasury’s guidance for use of the funds are here, here, and here.) The state has already appropriated (assuming no gubernatorial vetoes) $3.162 billion of its $4.428 billion share. Counties and cities in Washington have decisions to make as well about how best to use this substantial influx of funds.
The Morning Wire: Keeping you informed on politics, policies, and personalities of Washington State. ....

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Legislature final budget raises taxes, boosts spending by more than $5 billion

Legislature final budget raises taxes, boosts spending by more than $5 billion
By Joseph O Sullivan and Jim Brunner, The Seattle Times
Published: April 25, 2021, 1:14pm
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OLYMPIA For much of last year, the COVID-19 pandemic and related job losses made Washington’s budget forecast look dismal, with billions in projected shortfalls leading to calls for swift spending cuts.
The budget deal reached by Democratic lawmakers in Olympia on Saturday bears little resemblance to those austere predictions.
Buoyed by a rapid economic recovery and padded by a new tax on capital gains, the 2021-23 operating budget clocks in at roughly $59 billion about $5 billion more than the budget approved two years ago. ....

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Morning Wire: Budget negotiations, Sen. Murray, Audit of jails

Morning Wire: Budget negotiations, Sen. Murray, Audit of jails
DJ Wislon

April 8, 2021

I interviewed US Rep. Kim Schrier this week, who framed something for me that I thought was interesting and a shift. She said that the politics of Washington DC were broken. And that bi-partisanship doesn’t mean working across the aisle. She said that when you have 75% of the American people supporting policy solutions, then that is clearly bi-partisan support, regardless of what one caucus or the other does in Congress.
That Wall Street is no longer connected to the experience of Main Street is a threat to our economics, in my view. If, as Schrier implies, our law making is no longer connected to our public opinion, that is likely a threat to our politics in the same way. ....

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Washington's public K–12 schools will receive $1.853 billion from ARP Act (on top of $1.042 billion previously appropriated by Congress)

Washington’s public K–12 schools will receive $1.853 billion from ARP Act (on top of $1.042 billion previously appropriated by Congress)
Emily Makings

March 15, 2021

The American Rescue Plan (ARP) Act includes $122.7 billion for a third round of the elementary and secondary school emergency relief (ESSER) fund. These funds are very flexible, but 20% of the ESSER III funds must be used to address learning loss.
The Morning Wire: Keeping you informed on politics, policies, and personalities of Washington State.
From this third round, Washington will receive $1.853 billion. Of that, $1.667 billion will go to school districts and $185.3 million will go to the Office of Superintendent of Public Instruction (OSPI). ....

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Morning Wire: Capital gains, K-12 funding, Public safety bills

Morning Wire: Capital gains, K-12 funding, Public safety bills
washingtonstatewire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonstatewire.com Daily Mail and Mail on Sunday newspapers.

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