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Office of Financial Management

RCW 43.41, 43.88

The Office of Financial Management (OFM) plays a central role in budget planning, policy development and fiscal administration for the executive branch. OFM prepares the executive budget proposals; monitors budget implementation; maintains Enterprise Financial Systems and central books of accounts; conducts policy research and develops legislation to support the Governor’s policy goals. OFM also provides federal-state liaison services; prepares official state census estimates; publishes forecasts for revenue distribution and growth management planning; and provides facility oversight and accounting services to agencies. In addition, OFM manages statewide human resource policy functions including classification, compensation, workforce data, recruitment and collective bargaining. OFM also supports special projects, such as Serve Washington, Results Washington and the Office of Regulatory Innovation and Assistance.

Agency Mission

The Office of Financial Management provides leadership, direction and information to support and improve government on behalf of the people of Washington state.
Request 246,240,000
Net change from current biennium 97,767,000 Increase
Percent change from current biennium 65.8% Increase

Operating Budget: Summary

Appropriated Funds

2017-19 Appropriations Appropriated Funds Expenditures
Amount Estimated Balance   2015-17 Actual 2017-19 Estimated 2019-21 Proposed
39,714,000 General Fund - Basic Account - Federal 30,290,809 39,714,000 32,514,000
990,000 147,000 General Fund - Basic Account - Private/Local 43,353 843,000 526,000
24,215,000 General Fund - Basic Account - State 39,149,711 24,215,000 43,464,000
State Patrol Highway Account - State 144,997
314,000 Econ Dev Strategic Reserve Account - State 308,738 314,000 330,000
3,890,000 Motor Vehicle Account - State 1,614,737 3,890,000 1,405,000
116,000 Puget Sound Ferry Operations Acct - State 113,779 116,000 116,000
Multiagency Permitting Team Account - State (1,000)
75,000 75,000 Recreation Access Pass Account - State
8,891,000 Personnel Service Account - State 8,031,971 8,891,000 10,900,000
Data Processing Revolving Account - State
1,497,000 Higher Education Personnel Services - State 1,497,000 1,497,000 1,497,000
10,022,000 SW Info Tech Sys Dev Rev Acct - State 11,254,873 10,022,000 32,703,000
19,280,000 OFM Central Service Account - State 1,174,000 19,280,000 21,550,000
2,448,000 Pension Funding Stabilization Acct - State 2,448,000 2,446,000
620,000 Performance Audits of Government - State 531,738 620,000 678,000
112,072,000 222,000 Total Appropriated Funds 94,155,707 111,850,000 148,128,000

Non-Appropriated Funds

2017-19 Non-Appropriated Funds Expenditures
Amount Balance Non-Apropriated Funds 2015-17 Actual 2017-19 Estimated 2019-21 Proposed
Industrial Insurance Premium Refund - Nonappropriated 15,000
(100,000) Multiagency Permitting Team Account - Nonappropriated 4,673 100,000 99,000
2,060,000 2,060,000 State Agency Ofc Relocat Pool Acct - Nonappropriated
(24,961,000) Education Technology Revolving Acct - Nonappropriated 23,766,851 24,961,000 24,962,000
(8,562,000) OFM Labor Relations Service Account - Nonappropriated 7,392,145 8,562,000 8,530,000
(3,000,000) SW Info Tech Sys M & O Rev Acct - Nonappropriated 2,399,903 3,000,000 64,521,000
Governor's ICSEW Account - Nonappropriated 56,915
2,060,000 (34,563,000) Total Non-Appropriated Funds 33,635,487 36,623,000 98,112,000

Capital Budget: Summary

  Appropriated Funds Expenditures
Amount Estimated Balance   Actual Estimated Proposed
State Tax Bld Construction Account - Bonds 3,925,000
24,606,217 (5,149,783) State Building Construction Account - State 42,494,474 29,756,000 9,003,000
EWU Capital Projects Account - State 18,778
WSU Building Account - State 82,155
CWU Capital Projects Account - State 14,084
UW Building Account - State 93,891
WWU Capital Projects Account - State 18,778
TESC Capital Projects Account - State 7,042
Common School Construction Account - State 1,216,000
3,680,000 3,680,000 Thurston County Capital Facilities - State 1,119,540
28,286,217 (1,469,783) Total Appropriated Funds 45,064,742 29,756,000 12,928,000

Operating Budget: Program Summary

Program Title Actual Estimated Proposed
Actual Estimated Estimated Proposed Proposed
Annual Total 59,817,587 67,869,125 29,721,140 124,411,000 121,830,000

Operating Budget: Change from Preceding Biennium

Actual Estimated Proposed
Amount Percent Amount Percent Amount Percent
20,719,970 19.4% (30,144,015) (23.6%) 148,650,736 152.3%

Employment Summary

  Actual Estimated Proposed
  2016-17 Actual 2017-18 Estimated 2018-19 Estimated 2019-20 Proposed 2020-21 Proposed
FTE Staff Years 228.8 247.1 254.6 410.0 407.1