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Inslee proposal would use about $5 billion in bond authority and $9.2 billion total for capital projects

2130366 · January 16, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Jen Masterson, senior budget adviser for the capital budget at the Office of Financial Management, told the House Capital Budget Committee that Gov. Jay Inslee’s proposed capital budget includes about $5 billion in bond authority and totals roughly $9.2 billion when all funds are included.

Gov. Jay Inslee’s proposed capital budget would rely on roughly $5 billion in bond authority and total about $9.2 billion when all funds are included, a senior budget adviser told the House Capital Budget Committee at its Jan. 16 meeting.

For the record, Jen Masterson, senior budget adviser for the capital budget at the Office of Financial Management, said the governor’s plan follows the state treasurer’s bond model with adjustments tied to Inslee’s proposed revenue package and that those adjustments increased estimated bond capacity by…

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