Office of Financial Management
Link to OFM website survey.
| More

This division is now part of the Department of Enterprise Services. Learn more…

Home » Risk Management » Agency budget risk management

Agency budget risk management

Risk management was added to the budget process during the 2003-05 budget cycle as a recommendation of the Risk Management Task Force.

What was the task force?

In 2000, Governor Gary Locke and Attorney General Christine Gregoire created the task force to renew efforts to better protect the public, mitigate loss and damages related to state services, and recommend ways to improve the state's risk management program.

What were the task force recommendations?

The Risk Management Task Force released its findings in a report issued October 9, 2001. It focused on recommendations intended to:

On December 7, 2001, Governor Gary Locke issued Executive Order 01-05 Risk Management, which directed agencies to adopt risk management best practices.

Budget information & links

Risk management budget tools