Office of Financial Management
RCW 43.41, 43.88
The Office of Financial Management plays a central role in budget planning, policy development and fiscal administration for the executive branch of state government. OFM prepares executive budget proposals and monitors the implementation of enacted budgets; maintains the state’s central book of accounts and issues administrative and accounting policies; and develops and monitors legislation to support the governor’s policy goals. OFM manages state enterprise computer systems; conducts research on issues related to the budget, public policy and demographics; and assists agencies with facilities planning. In addition, OFM manages state human resource policy functions including collective bargaining, classification, compensation, and workforce data. OFM also supports special projects, such as Serve Washington, One Washington, Results Washington and the Office for 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 | 367,736,000 |
|---|---|
| Net change from current biennium | 77,474,000 Increase |
| Percent change from current biennium | 26.7% Increase |
Operating Budget: Summary
Appropriated Funds
| 2019-21 Appropriations | Appropriated Funds | Expenditures | |||
|---|---|---|---|---|---|
| Amount | Estimated Balance | 2017-19 Actual | 2019-21 Estimated | 2021-23 Proposed | |
| 96,010,263 | 63,147,263 | General Fund - Federal | 34,088,773 | 32,863,000 | 32,357,000 |
| 5,526,000 | General Fund - Private/Local | 612,765 | 5,526,000 | 513,000 | |
| 42,955,000 | General Fund - State | 23,348,855 | 42,955,000 | 25,963,000 | |
| (10,453,000) | State Building Construction Account - State | 10,453,000 | 5,540,000 | ||
| State Patrol Highway Account - State | |||||
| 330,000 | Econ Dev Strategic Reserve Account - State | 313,385 | 330,000 | 301,000 | |
| 1,419,000 | Motor Vehicle Account - State | 3,177,225 | 1,419,000 | 1,407,000 | |
| 121,000 | Puget Sound Ferry Operations Acct - State | 110,187 | 121,000 | 126,000 | |
| 300,000 | 300,000 | Multimodal Transportation Account - State | |||
| Recreation Access Pass Account - State | 74,937 | ||||
| 100,000 | Workforce Education Investment Acc - State | 100,000 | 100,000 | ||
| (3,925,000) | Thurston County Capital Facilities - State | 3,925,000 | 3,925,000 | ||
| 35,360,000 | Personnel Service Account - State | 8,990,998 | 35,360,000 | 35,289,000 | |
| 1,497,000 | Higher Education Personnel Services - State | 1,497,000 | 1,497,000 | 1,497,000 | |
| 32,921,000 | SW Info Tech Sys Dev Rev Acct - State | 9,591,170 | 32,921,000 | 136,636,000 | |
| 21,118,000 | OFM Central Service Account - State | 19,279,989 | 21,118,000 | 20,247,000 | |
| 2,446,000 | 2,446,000 | Pension Funding Stabilization Acct - State | 2,448,000 | ||
| 678,000 | Performance Audits of Government - State | 575,251 | 678,000 | 574,000 | |
| 240,781,263 | 51,515,263 | Total Appropriated Funds | 104,108,534 | 189,266,000 | 264,475,000 |
Non-Appropriated Funds
| 2019-21 Non-Appropriated Funds | Expenditures | ||||
|---|---|---|---|---|---|
| Amount | Balance | Non-Apropriated Funds | 2017-19 Actual | 2019-21 Estimated | 2021-23 Proposed |
| Industrial Insurance Premium Refund - Nonappropriated | 27,486 | ||||
| (99,000) | Multiagency Permitting Team Account - Nonappropriated | 99,000 | 2,000 | ||
| State Agency Ofc Relocat Pool Acct - Nonappropriated | 1,968,484 | ||||
| (24,966,000) | Education Technology Revolving Fund - Nonappropriated | 20,119,972 | 24,966,000 | 24,970,000 | |
| (8,563,000) | OFM Labor Relations Service Account - Nonappropriated | 8,682,732 | 8,563,000 | 8,837,000 | |
| 852,471 | 852,471 | Info Tech Invest Rev Acct - Nonappropriated | |||
| (67,368,000) | SW Info Tech Sys M & O Rev Acct - Nonappropriated | 14,998,197 | 67,368,000 | 69,452,000 | |
| Governor's ICSEW Account - Nonappropriated | 88,840 | ||||
| 852,471 | (100,143,529) | Total Non-Appropriated Funds | 45,885,711 | 100,996,000 | 103,261,000 |
Capital Budget: Summary
| Appropriated Funds | Expenditures | ||||
|---|---|---|---|---|---|
| Amount | Estimated Balance | Actual | Estimated | Proposed | |
| 3,154,593 | 3,154,593 | State Building Construction Account - State | 20,635,334 | ||
| EWU Capital Projects Account - State | |||||
| WSU Building Account - State | |||||
| CWU Capital Projects Account - State | |||||
| UW Building Account - State | |||||
| WWU Capital Projects Account - State | |||||
| TESC Capital Projects Account - State | |||||
| Common School Construction Account - State | |||||
| 3,925,000 | 3,925,000 | Thurston County Capital Facilities - State | 3,312,345 | ||
| 7,079,593 | 7,079,593 | Total Appropriated Funds | 23,947,678 | ||
Operating Budget: Program Summary
| Program Title | Actual | Estimated | Proposed | ||
|---|---|---|---|---|---|
| Actual | Estimated | Estimated | Proposed | Proposed | |
| Annual Total | 82,036,281 | 129,265,093 | 43,318,248 | 186,294,000 | 171,977,000 |
Operating Budget: Change from Preceding Biennium
| Actual | Estimated | Proposed | |||
|---|---|---|---|---|---|
| Amount | Percent | Amount | Percent | Amount | Percent |
| 22,320,797 | 17.5% | 22,677,935 | 15.1% | 185,687,660 | 107.6% |
Employment Summary
| Actual | Estimated | Proposed | |||
|---|---|---|---|---|---|
| 2018-19 Actual | 2019-20 Estimated | 2020-21 Estimated | 2021-22 Proposed | 2022-23 Proposed | |
| FTE Staff Years | 318.1 | 414.0 | 397.3 | 444.5 | 465.6 |
