Capital Budget Overview
Issue briefState Budgets Taxes & Fees
The biennial capital budget makes appropriations for projects tangible in nature that have a long useable life, such as schools and other public buildings, parks, low-income housing, water infrastructure, and habitat restoration. It is funded through a variety of fund sources, including general obligation bonds (a type of municipal bond backed by the credit and taxing power of the state or local government), dedicated cash accounts, federal funds, and alternative financing contracts.
Keywords:
Bond authorization
Capital budget
General obligation bonds
Housing Trust Fund
Orca
Salmon issues/funding
Washington Wildlife and Recreation Program (WWRP)
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