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Appropriations Committee hears Inslee 2025–27 budget overview, revenue proposals and program changes
Summary
Budget director Nona Snell told the House Appropriations Committee that Governor Jay Inslee's proposed 2025–27 operating budget relies on new revenue measures including a wealth tax and changes to the business-and-occupation tax, and preserves many existing services while delaying or reducing some program expansions.
Budget director Nona Snell presented an overview of Governor Jay Inslee’s proposed 2025–27 biennial operating and the 2025 second supplemental budget to the Washington House Appropriations Committee, outlining a mix of new revenues, transfers from the budget stabilization account and a set of program maintenance, additions and reductions. "As you all are very aware, there are many challenges to this upcoming budget," Snell said, citing slowing revenue growth, rising caseloads, higher costs and workforce shortages.
The governor’s proposal would move roughly $1.6 billion from the budget stabilization account into the general fund in fiscal year 2026 with a transfer back in later years. Snell described a pension transaction that would combine Law Enforcement Officers’ and Firefighters’ (LEOFF) Plan 1 and Plan 2 pensions and transfer about $1.0 billion to the general fund in fiscal year…
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