About the Office of Financial Management

The Office of Financial Management provides vital information, fiscal services and policy support that the Governor, Legislature and state agencies need to serve the people of Washington State.

The Office of Financial Management:

  • Plays a central role in budget planning, policy development, and fiscal administration for the executive branch.
  • Prepares the executive budget proposal and monitors budget implementation.
  • Maintains state government's statewide accounting systems, central books of accounts, and financial databases while also providing accounting services to state agencies.
  • Oversees statewide personal service contracting activities.
  • Conducts executive policy research and develops legislation to support the Governor's policy goals.
  • Provides estimates of state and local population, monitors changes in the state economy and labor force, and conducts research on a variety of issues affecting the state budget and public policy.
  • Provides a comprehensive risk management program for all state agencies.

OFM's Strategic Plan