Leadership in the Senate Ways and Means Committee released a new Operating budget proposal on May 28th 2015 in the form of . This proposal makes significant changes to the engrossed Senate operating budget, ESSB 5077 and continues to differ from the engrossed House operating budget, ESHB 1106.
Though the 2015 legislature is scheduled to adjourn today, no compromise operating or capital budget exists. Thus a second special session will be required.
All of higher education (including financial aid) would receive nearly $3.6 billion or 9.2 percent increase from the Governor and House budgets. 91探花receives a total appropriation of $685.7 million of which $666.36 million is from Near General Fund account.
Here are some of the key points from the Senate 鈥淥ffer 鈥淲ays & Means Budget proposal:
- Tuition affordability program– This budget reduces the operating fee portion of resident undergrad tuition to 14 percent of the State鈥檚 average annual wage in FY16 and FY17. It provides $107 million to offset the reduction in operating fees and an additional funding to backfill the foregone tuition revenue. In spite of the above funding, 91探花anticipates a shortfall of $3.7 million over the biennium.
- WWAMI 鈥� Senate budget provides $9 million over the biennium for continued operations of the WWAMI medical school program, and the bill requires that the state cost per student per year not exceed $45,000 in Spokane.
- O&M Funding – $1.762 million over the biennium to cover the Operating and maintenance cost of 91探花Bothell Discovery Hall which is the same as the House budget, but slightly higher than the Governors funding.
- Compensation Increase 鈥� “Like the House proposal, this budget authorizes 3% and 1.8 % increases for FY16 and FY17, respectively. However, this budget would only partially fund the cost of those increases”.
Please refer to our for more information about the special session senate chair budget.聽Special session house budget is expected to be released Monday.