Gov. Chris Gregoire announced a supplemental budget Tuesday that she said will allow Washington to close the biennium with about $1.2 billion in the bank. The supplemental budget allows the state to make adjustments in the second year of its two-year budget cycle. Some of them appeared to be related to recent flooding that brought much of the state to a standstill, including a proposal to request $50 million in bond authorization for the Chehalis-Centralia Flood Control Project. Gregoire said the final budget will allow the state to close fiscal 2009 with $430 million in a new rainy-day account plus $774 million in unrestricted reserves. “Saving money now is vital to ensure that we have money in the future,” she said in a statement.
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Markets are "tilting to a risk-off posture as participants brace for the chance of Trump tariff-sparked turbulence in the coming hours and days," said José Torres, senior economist at Interactive Brokers.
10h ago -
The policy shift may crowd out some projects, warned Baruch Feigenbaum, senior managing director of transportation policy at Reason Foundation.
10h ago -
Housing advocates are celebrating the passage of the One Big Beautiful Bill for the boost in Low Income Housing Tax Credits which is projected to boost the use of private activity bonds.
July 7 -
JP Zaptin has joined Baird where he will establish a municipal trading desk
July 7 -
Moody's expects enplanements at the facility will remain below the low end of its former projections.
July 7 -
New Hampshire Supreme Court found that the state doesn't spend enough on education, but upheld the education property tax system.
July 7