The growth management planning and environmental review fund is hereby established in the state treasury. Moneys may be placed in the fund from the proceeds of bond sales, tax revenues, budget transfers, federal appropriations, gifts, or any other lawful source. Moneys in the fund may be spent only after appropriation. Moneys in the fund shall be used to make grants or loans to local governments for the purposes set forth in RCW 43.21C.240
, for costs associated with RCW 36.70A.610
, and to cover costs associated with the adoption of optional elements of comprehensive plans consistent with RCW 43.21C.420
. Any payment of either principal or interest, or both, derived from loans made from this fund must be deposited into the fund.
Findings—Purpose—1995 c 347 § 115: "(1) The legislature finds that:
(a) As of July 23, 1995, twenty-nine counties and two hundred eight cities are conducting comprehensive planning under the growth management act, chapter 36.70A
RCW, which together comprise over ninety percent of the state's population;
(b) Comprehensive plans for many of the jurisdictions were due by July 1, 1994, and the remaining jurisdictions must complete plans under due dates ranging from October 1994 to September 1997;
(c) Concurrently with these comprehensive planning activities, local governments must conduct several other planning requirements under the growth management act, such as the adoption of capital facilities plans, urban growth areas, and development regulations;
(d) Local governments must also comply with the state environmental policy act, chapter 43.21C
RCW, in the development of comprehensive plans and development regulations;
(e) The combined activities of comprehensive planning and the state environmental policy act present a serious fiscal burden upon local governments; and
(f) Detailed environmental analysis integrated with comprehensive plans, subarea plans, and development regulations will facilitate planning for and managing growth, allow greater protection of the environment, and benefit both the general public and private property owners.
(2) In order to provide financial assistance to cities and counties planning under chapter 36.70A
RCW and to improve the usefulness of plans and integrated environmental analyses, the legislature has created the fund described in RCW 36.70A.490
." [ 1995 c 347 § 114