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Agency 104
Economic and Revenue Forecast
Council
RCW 82.01
| Request | $1,054,380 | ||||||||||||||||||
| Net change from current biennium | $40,048 | Increase | |||||||||||||||||
| Percent change from current biennium | 3.9% | Increase | |||||||||||||||||
The Economic and Revenue Forecast Council promotes the free flow
of information and legislative input in the preparation of forecasts.
It monitors changes in the economic outlook throughout the year
to anticipate shifts in tax collections. This allows the legislative
and executive branches to adjust budget planning and legislative
implementation to match the most likely revenue projections.
The objectives are to prepare quarterly forecasts of the national
and state economy and the state General Fund revenues for the
Forecast Council based on three scenarios, and to provide monthly
reports to the Forecast Council and the Forecast Work Group.
| Operating Budget: Summary
| |||||||||||||||||||||
| 1995-97 Appropriations | Appropriated Funds | Expenditures | |||||||||||||||||||
| Amount | Estimated Balance | 1993-95 Actual | 1995-97 Estimated | 1997-99 Proposed | |||||||||||||||||
| 1,014,332 | General Fund - Basic Account - State | 802,312 | 1,014,332 | 1,054,380 | |||||||||||||||||
| General Fund - Basic Account - Governors Emergency | 2,425 | ||||||||||||||||||||
|
1,014,332 | Total Appropriated Funds |
804,737 |
1,014,332 |
1,054,380 | |||||||||||||||||
| Operating Budget: Summary by Object
| ||||||||||||||||||
| 1994-95 Actual | 1995-96 Estimated | 1996-97 Estimated | 1997-98 Proposed | 1998-99 Proposed | ||||||||||||||
| Salaries And Wages | 257,070 | 272,640 | 330,597 | 356,828 | 356,828 | |||||||||||||
| Employee Benefits | 57,267 | 68,376 | 78,936 | 84,124 | 84,076 | |||||||||||||
| Personal Service Contracts | 28 | 12,000 | ||||||||||||||||
| Goods And Services | 74,331 | 66,965 | 93,944 | 62,236 | 69,364 | |||||||||||||
| Travel | 3,856 | 6,504 | 50,385 | 2,505 | 8,505 | |||||||||||||
| Capital Outlays | 39,155 | 13,957 | 20,000 | 15,957 | 13,957 | |||||||||||||
| Annual Total |
431,679 |
428,470 |
585,862 |
521,650 |
532,730 | |||||||||||||
| Fiscal Year 1993-94 | 373,058 | |||||||||||||||||
| Biennium Total |
804,737 |
1,014,332 |
1,054,380 | |||||||||||||||
| Operating Budget: Change from Preceding Biennium
| ||||||||||||||||||||||||||
| 1993-95 Actual | 1995-97 Estimated | 1997-99 Proposed | ||||||||||||||||||||||||
| Amount | Percent | Amount | Percent | Amount | Percent | |||||||||||||||||||||
| Total Administration | (889) | (0.1)% | 209,595 | 26.0% | 40,048 | 3.9% | ||||||||||||||||||||
| Employment Summary
| ||||||||||||||||||||
| 1994-95 Actual | 1995-96 Estimated | 1996-97 Estimated | 1997-98 Proposed | 1998-99 Proposed | ||||||||||||||||
| FTE Staff Years | 5.0 | 4.8 | 6.7 | 5.5 | 5.5 | |||||||||||||||
| Average FTE Staff Year Costs | 51,414 | 56,800 | 49,343 | 64,878 | 64,878 | |||||||||||||||