OFM sounds alarm on 2027-29 budget shortfalls, Ferguson says no new taxes, and how we got here

OLYMPIA — The Office of Financial Management has warned state agencies that Washington faces “significant budget shortfalls” in the 2027-29 biennium, calling it likely the most “most challenging budget any of us has yet faced” and directing a sharp break from routine spending practices. “A ‘business as usual’ approach will not meet the need of […]