Monday, July 6, 2015

Could rule changes strengthen state's balance budget requirement?

You wouldn't know it from the fact that the days old 2015-17 budget has never been balanced and was signed into law with a $2 billion hole but Washington has one of the strongest statutory balanced budget requirements in the country. Per RCW 43.88.055 "The legislature must adopt a four-year balanced budget . . ." Now while the House did manage to pass a balanced budget, the Senate did not with most Senate Democrats refusing to vote for the suspension of I-1351 (unfunded class size reduction) as assumed by the 4yr outlook that was part of the budget deal . . . READ MORE

0 comments:

Post a Comment