The programs and agencies of state government are funded on a two-year basis. The capital budget generally includes appropriations for acquiring, constructing, and repairing capital assets such as land, buildings, and other infrastructure improvements. Funding for the capital budget is primarily from state general obligation bonds, with other funding derived from various dedicated taxes, fees, and state trust land revenues. The primary two-year budget is passed in odd-numbered years, and a supplemental budget making adjustments to the two-year budget often is passed during even-numbered years. The current capital budget covers the period from July 1, 2021, through June 30, 2023.
The 2021-2023 biennial capital budget appropriations for the various agencies and programs of the state are modified. Budget summary materials can be found in the SCS tab in the committee materials for the public hearing.
Please refer to the January 13, 2022 recording of the public hearing on the Senate Ways & Means Committee Schedules, Agendas & Documents website at
https://app.leg.wa.gov/committeeschedules/#//WM/////year.
The committee recommended a different version of the bill than what was heard. Please refer to the February 17, 2022 recording of the public hearing on the Senate Ways & Means Committee Schedules, Agendas & Documents website at
https://app.leg.wa.gov/committeeschedules/#//WM/////year.