Washington legislators working to finalize two year budget

Washington legislators working to finalize two year budget

Time is winding down for washington lawmakers who are in the final hours of the current legislative session. Right now, they’re working to pass a new two year budget.

Today marks the last day of a 105-day session, and right now, state lawmakers are working through a proposed 52 point 4 billion dollar budget which relies on more than 800-thousand dollars in new revenue from an increase in taxes on large banks and tech companies.

In the new budget, legislators hope to allocate 17 million dollars for substance abuse disorder programs, provide a 30 million dollar increase towards finding solutions for homelessness, plus put 155 million dollars in state money towards k-12 special education programs.

Legislators are also looking to raise the cap on local levies which is welcome news for local districts, dealing with devastating budget shortfalls right now.

Spokane Public Schools Superintendent Shelley Redinger said recently that the state’s Mcclearly decision meant local levy capacity was reduced by $43 million over two years.

If lawmakers cannot agree on a budget in the next few hours, they’ll have to go into overtime with an additional 30 day special session.

That’s something they’ve tried to avoid by working overnight for the past two nights.

This is a developing story. More information will be added when it becomes available.

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