Washington State Expenditure Limit Committee: Home page


David Schumacher
OFM Director (Chair)

Noah Purcell
Attorney General Designee

Sen. John Braun
Senate Ways & Means

Rep. Bruce Chandler
House Appropriations

Sen. Kevin Ranker
Senate Ways & Means

Rep. Timm Ormsby
House Appropriations

Fiscal Growth Factors

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.

Through the 2005-07 biennium, the fiscal growth factor was calculated as a three year moving average of population growth and inflation, lagged two years. Inflation was based on the "Implicit Price Deflator for Personal Consumption" as estimated by the federal Department of Commerce. Population growth was based on estimates by the state Office of Financial Management.

Fiscal Growth Factors

(2015 updates forthcoming)
Fiscal YearFiscal
Growth Factor
FY 19947.18% 
FY 19956.21% 
FY 19965.13% 
FY 19974.45% 
FY 19984.05% 
FY 19994.18% 
FY 20003.32% 
FY 20012.87% 
FY 20022.79% 
FY 20033.29% 
FY 20043.20% 
FY 20053.03% 
FY 20062.82% 
FY 20073.38% 
FY 20085.53% 
FY 20095.57%  
FY 2010 5.20%  
FY 2011 4.16%  
FY 2012 4.34%  
FY 2013 4.40%  
FY 2014 4.65%  
FY 2015 4.48% Final
FY 2016 4.33% Subject to Revision
FY 2017 4.32% Unofficial
FY 2018 4.16% Unofficial
FY 2019 3.99% Unofficial

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