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Washington State Expenditure Limit Committee

State of Washington Expenditure Limit Committee: information about Initiative 601, the state spending limit, and fiscal growth factors

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Washington State Expenditure Limit Committee | elc.wa.gov Reviews
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State of Washington Expenditure Limit Committee: information about Initiative 601, the state spending limit, and fiscal growth factors
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Washington State Expenditure Limit Committee | elc.wa.gov Reviews

https://elc.wa.gov

State of Washington Expenditure Limit Committee: information about Initiative 601, the state spending limit, and fiscal growth factors

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1

Washington State Expenditure Limit Committee

http://www.elc.wa.gov/sub/fgf.asp

Senate Ways and Means. Senate Ways and Means. Section 8 of Initiative 601 requires that any percentage increase in fees that exceeds the fiscal growth factor. Must be approved by the Legislature. These factors are also used in the calculation of the spending limit. Beginning with the 2007-09 biennium, the fiscal growth factor is the average growth in state personal income for the prior ten fiscal years. Chronology of Initiative 601 Amendments. 2007 Ballot Measures Affecting the Expenditure Limit.

2

Washington State Expenditure Limit Committee

http://www.elc.wa.gov/sub/changes2000.asp

Senate Ways and Means. Senate Ways and Means. Changes to Spending Limit Provisions Adopted by the 2000 Legislature (EHB 3169). The 2000 Legislature adopted important changes to the expenditure limit which affected the development of the General Fund-State (GF-S) budget for the 2001-03 Biennium. These changes, which were included in HB 3169. Also affected non-general fund budgets. The principal changes to the spending limit specified in Initiative 601 include:. State Expenditure Limit Committee. As a resu...

3

Washington State Expenditure Limit Committee

http://www.elc.wa.gov/sub/archives.asp

Senate Ways and Means. Senate Ways and Means. Adjustments to the Initiative 601 Expenditure Limit. Adjustments to the Initiative 601 Expenditure Limit. Adjustments to the Initiative 601 Expenditure Limit. Adjustments to the Initiative 601 Expenditure Limit. Adjustments to the Initiative 601 Expenditure Limit. Adjustments to the Initiative 601 Expenditure Limit. Adjustments to the Initiative 601 Expenditure Limit. Adjustments to the Initiative 601 Expenditure Limit. Summary of SSB 6078.

4

Washington State Expenditure Limit Committee

http://www.elc.wa.gov/sub/changes2005.asp

Senate Ways and Means. Senate Ways and Means. Changes to Spending Limit Provisions Adopted by the 2005 Legislature (SSB 6078). The 2005 Legislature adopted important changes to the expenditure limit that will affect the development of the General Fund-State (GF-S) budget for the 2007-09 Biennium. These changes, all of which were included in SSB 6078. Also affect non-general fund budgets. The principal changes to the spending limit specified in Initiative 601 include:. Votes required to increase revenues.

5

Washington State Expenditure Limit Committee

http://www.elc.wa.gov/sub/resources.asp

Senate Ways and Means. Senate Ways and Means. Changing the Rules of the Game: Washington Fiscal Developments Before and After Initiative 601. Office of Financial Management). Limits on State Government Spending: Initiative 601 and Its Possible Effects on Spending and Tax Policies in Washington (pdf). Prepared by Office of Financial Management and House Revenue Committee Staff for the Pacific Northwest Economic Conference, Seattle, 1994. Chronology of Initiative 601 Amendments.

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