Washington’s budget increased cumulatively more than pop+inf in state funds and all funds from 2014-23, meaning taxes are higher than the average taxpayer can afford. 

  • The 2023 state funds budget is $14.6 billion higher than it would have had spending grown at the rate of population growth plus inflation over the past decade.
  • Because the state funds budget grew faster than population growth plus inflation for the last ten years, the state spent and taxed $59.1 billion too much.
  • The 2023 all funds budget is $23.6 billion higher than it would have been had spending grown at the rate of population growth plus inflation over the past decade.
  • Because the all funds budget grew fsater than population growth plus inflation over the past decade, the state spent and taxed $96.6 billion too much.

State Funds Budget Data

  • Estimated FY 2024 Only State Funds Budget ($ Billions): $51.99
  • FY 2025 Only State Funds Budget Limit ($ Billions): $54.98
  • FY 2025 Only State Funds Budget Limit Growth ($ Billions): 5.74%
  • Cost per person of state funds budgeting more than pop+inf over the last decade in 2023 budget: $1,871
  • Cost per family of 4 of budgeting more than pop+inf over the last decade in 2023 budget: $7,483
  • Cumulative cost per person of state funds budgeting more than pop+inf over the last decade from 2014-23: $7,561
  • Cumulative cost per family of 4 of state funds budgeting more than pop+inf over the last decade from 2014-23: $30,243

State All Funds Budget Data

  • Estimated FY 2024 All Funds Budget ($ Billions): $74.37
  • FY 2025 All Funds Budget Limit ($ Billions): $78.63
  • FY 2025 All Funds Budget Limit Growth ($ Billions): 5.74%
  • Cost per person of all funds budgeting more than pop+inf over the last decade in 2023 budget: $3,026
  • Cost per family of 4 of all funds budgeting more than pop+inf over the last decade in 2023 budget: $12,104
  • Cumulative cost per person of all funds budgeting more than pop+inf over the last decade from 2014-23: $12,361
  • Cumulative cost per family of 4 of all funds budgeting more than pop+inf over the last decade from 2014-23: $49,445

Other Considerations