State of Washington

The state's expectation of a deficit in the coming biennium budget was cited in the outlook revision.

Ostdiek comes full circle with the return to her original professional home.

Less than two weeks after Washington Gov. Bob Ferguson signed a new tax on annual income over $1 million, a lawsuit has been filed seeking to overturn it.

The tax could result in an increase in demand for the state's municipal bonds.

The new state income tax is expected to make Washington munis, which are exempt, more attractive for high-earning residents.

With total costs for replacement soaring $15.2 billion, the $7.65 billion of core projects will be prioritized, Washington and Oregon governors said.

The state sold the debt in a competitive auction Tuesday morning, with interest rates landing in the low 3% to high 4% range across maturities.

Washington Gov. Bob Ferguson, who has lobbied for a wealth tax, told lawmakers their draft proposal needs work.

The Coast Guard endorsed an elevated fixed span to replace the Interstate 5 lift bridge linking Oregon and Washington over the Columbia River.

Washington Gov. Bob Ferguson unveiled a supplemental budget with GOP-opposed bond plans, as he preps a rain-soaked and flood-damaged state for more deluges.

King County, Washington plans a $422.2 million competitive sale of limited tax general obligation bonds for Wednesday.

Brian Bennett has been appointed director of Washington's lottery.

Washington revenues through 2029 are expected to be $900 million below the 2025-27 budget estimates.

Washington State Gov. Bob Ferguson said he doesn't plan on calling a special session to deal with lowered revenue expectations.

Lawmakers have until late this month to decide on a mix of cuts and taxes acceptable to the governor to close a $16 billion shortfall over the next two budgets.

Washington's latest official state revenue forecast lopped almost $900 million from projected collections over the next four years.

Issuance was led by a $2 billion retail pricing from the University of California in the negotiated market and a $1.2 billion competitive deal from Washington.

A spike in inflationary costs means a tough road ahead for Washington lawmakers as they take up the budget in the new year.

In Jim McIntire's two terms as state treasurer, he sought to broaden the retail reach of state bond sales and advocated a lower state debt limit.

The Washington state island hospital's financial turmoil brought rating downgrades from Moody's Ratings.