WSDOT could overspend revenue by $7 billion by 2031; Rent stabilization, new faces and a big budget gap: A picture of Washington’s upcoming legislative session

WSDOT could overspend revenue by $7 billion by 2031

The Center Square — As the state Legislature grapples with a disputed estimate of $14 billion of an operating budget overspend over the next four years, the Washington State Department of Transportation faces its own budget imbalance that could ultimately get as high as $7 billion by the 2029-31 biennium. Driving the budget gap is a combination of decreased gas tax revenue, rising project costs, and potential new spending. Although the Legislature passed a balanced transportation budget for the current biennium and expects to maintain that for the 2025-2027 budget, the state agency has previously warned it faced a potential $900 million budget shortfall by the 2029-31 biennium.

Rent stabilization, new faces and a big budget gap: A picture of Washington’s upcoming legislative session

KNKX Radio — The election results in Washington state are now certified, and we have a clear picture of which lawmakers will be in Olympia for the start of the legislative session in January. Democrats have had a majority in Olympia since 2018 and still have control of the legislature after November’s election. Democrats even picked up a couple more seats to expand the majority, there are a lot of new faces and some important changing dynamics for both chambers.

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