2018 annual report - washington state treasurer · 2018 annual report july 1, 2017 through june 30,...

Duane A. Davidson, CPAState Treasurer

Washington State Treasurer

2018 Annual Report

Washington State Treasurer

2018 Annual Report

July 1, 2017 through June 30, 2018

Office of the State Treasurer Legislative Building

PO Box 40200 Olympia, Washington 98504-0200

(360) 902-9000 or

TTY: 7-1-1 FAX: (360) 902-9037

http://tre.wa.gov

In accordance with the Americans with Disabilities Act,

this publication will be made available in alternate formats upon request.

Publication Editor: Tammy Risner

HISTORICAL LISTING Territorial Treasurers Terms of Office

William Cock 1854 to 1858 David L. Phillips 1858 to 1859 W. Rutledge 1859 to 1860 Uzal G. Warbass 1861 to 1862 David L. Phillips 1862 to 1863 William Cock 1863 to 1864 Daniel R. Bigelow 1864 to 1865 Benjamin Harned 1865 to 1866 James Tilton 1866 to 1867 Benjamin Harned 1867 to 1870 Hill Harmon 1871 to 1872 J.H. Munson 1872 to 1873 Elisha T. Gunn 1873 to 1874 Francis Tarbell 1875 to 1880 Thomas N. Ford 1881 to 1886 William McMicken 1886 to 1888 Frank I. Blodgett 1888 to Statehood

State Treasurers County Terms of Office Addison A. Lindsley Clark 1889 to 1893

Ozro A. Bowen Wahkiakum 1893 to 1897 C.W. Young Whitman 1897 to 1901 C.W. Maynard Lewis 1901 to 1905 George G. Mills Thurston 1905 to 1909 John G. Lewis Grays Harbor 1909 to 1913 Edward Meath Pierce 1913 to 1917 W.W. Sherman Thurston 1917 to 1921 Clifford L. Babcock Clallam 1921 to 1925 W.G. Potts King 1925 to 1929 Charles W. Hinton Thurston 1929 to 1933 Otto A. Case King 1933 to 1937 Phil H. Gallagher Spokane 1937 to 1941 Otto A. Case King 1941 to 1945 Russell H. Fluent King 1945 to 1949 Tom Martin Thurston 1949 to 1953 Charles R. Maybury Thurston 1953 to 1957 Tom Martin Thurston 1957 to 1965 Robert S. O’Brien Grant 1965 to 1989 Daniel K Grimm Pierce 1989 to 1997 Michael J. Murphy Thurston 1997 to 2009

James L. McIntire King 2009 to 2017 Duane A. Davidson Benton 2017 to present

WASHINGTON TREASURERS

W A S H I N G T O N

T R E A S U R E R S

i

TABLE OF CONTENTS

Table of Contents

Page Page

Letter to the Governor, Legislature, and Citizens ... 1

Duties of the State Treasurer ....................................... 3

Staff Telephone List ......................................................... 4

Staff Photo ......................................................................... 5

Staff Organizational Chart ............................................. 6

Year at a Glance ................................................................ 7

General Fund ..................................................................... 8

Investments Division

Investment Guidelines

Treasury and Treasurer’s Trust Portfolio .................... 9

Local Government Investment Pool Portfolio ............ 10

Time Certificate of Deposit Investment Program .......... 11

Treasury and Treasurer’s Trust

Investment Portfolio ...................................................... 12

Investment Purchases ................................................... 13

Investment Earnings ...................................................... 14

Local Government Investment Pool

Summary .......................................................................... 15

Investment Portfolio ...................................................... 16

Debt Management Division

Administration .................................................................... 17

General Obligation Bonds ................................................. 18

Debt Structure Summary .................................................. 19

State Local Lease/Purchase ............................................. 21

School Bonds Issued ......................................................... 22

Accounting Division

Consolidated Statement - Treasury Funds ..................... 23

Consolidated Statement - Trust Funds ............................ 34

Distributions to Local Governments by Fund ................ 42

3

DUTIES OF THE STATE TREASURER

Duane A. Davidson Washington State Treasurer

he State Treasurer is constitutionally recognized as a key position in state government that safeguards state funds by overseeing policy and internal control for each division of the Treasurer’s Office.

In his first two years as State Treasurer, Duane A. Davidson oversaw strong state investment growth, guarded against overextending the state debt portfolio and partnered with state agencies and community groups to provide financial literacy learning opportunities throughout the state.

As Treasurer, Davidson oversees 63 staff members and a 2017-19 biennium budget of $19.1 million.

Treasurer Davidson is third in line in succession to the Governor, following the Lt. Governor and the Secretary of State. The Treasurer is the only statewide elected official that the State Constitution specifically requires to live in Olympia.

As the state’s Chief Financial Officer, the treasurer is responsible for ensuring that Washington’s financial transactions are competently, prudently and cost-effectively executed. The Treasurer oversees most of the state’s cash management, short-term investments, as well as debt structuring and issuance.

Primary Duty: Protecting the State’s Financial Resources

he State Treasurer is responsible for the safety and security of state tax dollars now and in the future. As the state’s chief financial officer,

the treasurer provides banking, investment, and cash management services for state government.

In addition, the State Treasurer: • Manages cash flow for all major state accounts with deposits,

withdrawals and transfers totaling over $256 billion in FY 2018.

• Invests the state's operating cash in short-term investments that preserve our ability to access the funds.

• Structures, issues and manages all of the state's debt with bond sales to finance major projects, and certificates of participation to help state agencies and local governments purchase equipment and real estate.

• Operates the school bonds guaranty program.

• Provides guidance for the management of long-term debt and investments as a member of a number of boards and commissions including the State Investment Board.

Boards, Committees, and Commissions

Treasurer Davidson is:

• Chair of the State Finance Committee. The committee, which includes the Governor and Lieutenant Governor as members, administers all state debt programs and is responsible for state bond sales.

• Chair of the Public Deposit Protection Commission (PDPC), which is responsible for protecting public deposits in financial institutions.

• Member of the State Investment Board (SIB) and Chair, SIB Audit Committee. The board manages $130.2 billion (as of June 30, 2018) in state pension and other trust funds.

• Secretary of the Housing Finance Commission. The commission issues bonds and tax credits to provide financing for low-to-moderate-income housing projects.

• One of five members of the Washington Committee on Advanced Tuition Payment, which operates the Guaranteed Education Tuition Program and Dream Ahead.

T

T

4

Staff Telephone List - Area Code (360)

STAFF TELEPHONE LIST

Cash/Warrant Management Director, Sue Penley ................................. 902-8914 Banking Services, Manager, Ryan Pitroff ............................. 902-8917 Cindy Doughty ....................................... 902-8908 Mandy Kaplan ........................................ 902-8906

ACH & Deposits, Manager, Lesa Williams .......................... 902-8911 Toni Howdeshell ................................... 902-8907 Kristy Sartain ......................................... 902-8909

Warrant Services, Manager, Mary Ann Johnson * ............... 902-8985 Donelle Lotton * .................................... 902-8986 Vicki Boudia* ......................................... 902-8988 Charles Sutmiller .................................. 902-8907 FAX 902-8945 * FAX 664-2292

Accounting and Fiscal Services Director, Denise Nguyen ........................ 902-8903 Agency Accounting, Donna Harrington ................................ 902-8958 Alberta Quinlan .................................... 902-8952 Distribution Accounting, Nancy Morris ........................................ 902-8961 Rachel Wolfe .......................................... 902-8960 Fund Accounting, Linda Lund ............................................. 902-8956 Katie Davis ............................................. 902-8957 Investment Accounting, Cindy Shave ........................................... 902-8953 Dixie Layman......................................... 902-8959 vacant ..................................................... 902-8955 FAX 586-6890

Public Deposit Protection Commission (PDPC)

Administrator, Amy Perry ......................... 902-8977 FAX 704-5177

Investments Deputy Treasurer, Doug Extine ................ 902-9012 Senior Portfolio Manager, Jim Rosenkoetter ....................................... 902-9010 Portfolio Manager, Shawn Reed ............... 902-9014 Portfolio Manager, Amanda Hutson ........ 902-9013 Portfolio Administrator, Kari Sample ....... 902-9015 LGIP/CD Administrator, Staci Ashe ........... 902-9017 LGIP Toll Free Number ............... 1-800-331-3284 FAX 902-9044

Debt Management Deputy Treasurer, Jason Richter ................ 902-9007 Bond Program Director, Svein Braseth ..... 902-9025 COP Program Administrator, Matthew Schoenfeld ................................... 902-9022 Compliance Officer, Whitney Trumbly ...... 902-9029 Debt Program Analyst, Austin Goble ......... 902-9028 COP Program Analyst, Brianna May .......... 902-9019 COP Financial Analyst, Shelly Sweeney ..... 902-9005 Debt Financial Officer, Leslie Yonkers ....... 902-9020 FAX 902-9045

Information Systems Director, Jeff Sharp .................................. 902-8920 Administrative Assistant, Kristi Wolgamot ....................................... 902-8935 Analyst/Programmers, Joe Connolly ........................................... 902-8939 Wilson Defiesta ..................................... 902-8930 Quang Luu ............................................. 902-8931 Vicki Harrod........................................... 902-8936 Vallery Kanar ........................................ 902-8928 Technical Services Manager, Patrick Bohlig ........................................... 902-8924 Data Base Administrator, Jerry Berlin ... 902-8925 PC Support, Bill Buck .............................. 902-8982 Network Security, Paul Felix ................... 902-8926 Support Specialist, Calvin Holder .......... 902-8923 Exchange Administrator/Network Support, Jeff Sellick ................................................. 902-8927 FAX 586-6890

Administration State Treasurer, Duane A. Davidson ........... 902-9001 Executive Assistant, Shelby Pelon ................ 902-9003 Assistant Treasurer, Shawn Myers .............. 902-9002 Director of Financial Literacy, Brenda Snyder ............................................... 902-9033 Director of Policy and Legal Counsel, Catherine Mele-Hetter ................................ 902-8912 Communications and Public Relations, Adam Johnson ................................................ 902-9034 Budget and Fiscal Director, Dan Mason ...... 902-8990 Administrative Consultant, Tammy Risner . 902-9008 Secretary Senior, Joanna Guzman .............. 902-9031 Receptionist, .................................................... 902-9000 FAX 902-9037

Operations Division Cash/Warrant Management, PDPC

Accounting/Fiscal, Information Systems, Deputy Treasurer, Shad Pruitt ................. 902-8904 Seizure and Forfeiture, Katie Davis ......... 902-8957

Human Resources Human Resource Manager, Rich Jones 902-8934 Human Resource Consultant, Nadine Sordahl ....................................... 902-8919 Essential Services Coordinator, Brenda Mendez ....................................... 902-8922 FAX 704-5104

5

Treasury sTaff

Front row (l-r): Deputy Treasurer Douglas Extine, Legal Counsel Catherine Mele-Hetter, Treasurer Duane Davidson, Assistant Treasurer Shawn Myers, Deputy Treasurer Jason Richter, Deputy Treasurer Shad Pruitt.

Second row (l-r): Denise Nguyen, Alberta Quinlan, Joanna Guzman, Staci Ashe, Shelly Sweeney, Leslie Yonkers, Nadine Sordahl, Shawn Reed, Vicki Boudia, Kristy Sartain, Katie Davis, Mandy Kaplan, Cindy Shave.

Third rown (l-r): Tammy Risner, Brenda Mendez, Dixie Layman, Dan Mason, Whitney Trumbly, Brianna May, Linda Lund, Mary Ann Johnson, Rachel Wolfe, Donelle Lotton, Brenda Snyder, Rich Jones, Wilson Defiesta.

Fourth row (l-r): Donna Harrington, Cindy Doughty, Amy Perry, Vicki Harrod, Quang Luu, Jim Rosenkoetter, Vallery Kanar, Amanda Hutson, Shelby Pelon, Adam Johnson, Nancy Morris, Kristi Wolgamot.

Back row (l-r): Svein Braseth, Austin Goble, Matthew Schoenfeld, Calvin Holder, Jeff Sellick, Patrick Bohlig, Joe Connolly, Ryan Pitroff, Paul Felix.

Not shown: Jerry Berlin, William Buck, Toni Howdeshell, Sue Penley, Kari Sample, Jeff Sharp, Charlie Sutmiller, Lesa Williams.

6

STAFF ORGANIZATIONAL CHART

Brenda Snyder Director of Financial

Literacy

Shawn MyersAssistant Treasurer

Shad PruittDeputy Treasurer

OperationsJason Richter

Deputy TreasurerDebt

Doug ExtineDeputy Treasurer

Investments

Rich JonesHuman Resource

Manager

Dan MasonBudget & Fiscal

Director

Nadine SordahlHR Consultant

Tammy RisnerAdministrative

Consultant

Matthew SchoenfeldCOP Program Administrator

Svein BrasethBond Program

Director

Shawn ReedPortfolio Manager

James RosenkoetterSenior Portfolio

Manager

Kari SamplePortfolio

Administrator

Amanda HutsonPortfolio Manager

Shelly SweeneyCOP Financial

Analyst

Catherine MeleDirector of Policy &

Legal Counsel

Amy PerryPDPC Administrator

Jeff SharpIS Director

Denise NguyenAccounting Services

Manager

Katie DavisFiscal Analyst 2

Dixie LaymanFiscal Analyst 2

Rachel WolfeFiscal Analyst 2

Ryan PitroffBanking Services

Manager

Kristy SartainProgram Specialist 3

Cindy ShaveFiscal Analyst 5

Investments

Alberta QuinlanFiscal Analyst 2

Patrick BohligTechnical Services

Manager

Nancy MorrisFiscal Analyst 5

Distributions

Jeff SellickNetwork Support

ITS 4

Donna HarringtonFiscal Analyst 5

Agency

Amanda KaplanProgram Specialist 3

Joe ConnollyITS 5

Cindy DoughtyFiscal Analyst 3

VacantApplication Services

Manager

Mary Ann JohnsonWarrant Services

Manager

Charles SutmillerFiscal Analyst 2

VACANTFiscal Analyst 2

Victoria BoudiaFiscal Analyst 2

Lesa WilliamsACH & Deposits

Manager

Donelle LottonFiscal Analyst 3

Linda LundFiscal Analyst 5

Treasury

Jerry BerlinData Base

ITS 6

Paul FelixLAN Admin

ITS 4

Quang LuuITS 5

Vallery KanarITS 4

Wilson DefiestaITS 3

Bill BuckPC/Printer Support

ITS 2

Calvin HolderITS 2

Vicki HarrodITS 3

Kristi WolgamotITS 3

Sue PenleyCash Management Section Manager

Duane DavidsonState Treasurer

Office of the State TreasurerNovember 7, 2018

Whitney TrumblyCompliance Officer

VACANTFiscal Analyst 4

Joanna GuzmanSecretary Senior

Temp Appt

Brianna MayCOP Program

Analyst

Toni HowdeshellFiscal Analyst 3

Adam JohnsonCommunications &

Public Relations Coord

Shelby Pelon Executive Assistant

Staci AsheLGIP Administrator

Leslie YonkersDebt Financial

Officer

Wendy WeeksInternal Auditor

Temp Appt

Brenda MendezEssential Services

Coordinator

Austin GobleDebt Program

Analyst

7

YEAR AT A GLANCE

Year at a Glance

Investments Total Investment Purchases ............................... $ 33,308,770,942

Average Investment Balance ............................. $ 6,138,552,352 Actual Investment Balance, June 30, 2018 ....... $ 8,569,193,143 Portfolio Yield ....................................................... 1.43% Average Weighted Maturity ............................... 340 days

Treasury Funds General Fund Earnings ....................................... $ 12,142,077

Other Funds’ Earnings ......................................... $ 66,720,807

Treasurer’s Trust Funds General Fund Earnings ....................................... $ 3,377,794

Other Funds’ Earnings ......................................... $ 6,149,861

Local Government Investment Pool Portfolio Total Investment Purchases .............................. $531,151,943,648

Total Sales ............................................................ $ 24,828,304,363 Total Maturities ................................................... $504,116,644,019 Average Investment Balance ............................. $ 13,300,259,119 Actual Investment Balance, June 30, 2018 ...... $ 17,166,306,825 Total Net Income ................................................. $ 187,068,261 Administrative Expenses .................................... $ 965,259 Average Monthly Portfolio Yield ....................... 1.40% Average Weighted Maturity ............................... 33 days Local Government Deposits ............................... $ 49,645,215,689 Local Government Withdrawals ........................ $ 47,521,808,515

Debt Management Bond Debt Outstanding, June 30, 2018 ...................... $ 20,067,035,949 New Bond Proposals Approved by 2018 Legislature ............................................................ $ 3,230,230,000 Authorized Unissued Debt, June 30, 2018 ................. $12,415,833,797 Bonds Sold during FY 2018 .......................................... $ 2,376,160,000 Bond Debt Service Paid (principal & interest) during FY 2018 ............................................................... $ 2,019,461,141 Lease/Purchase Balances Outstanding, June 30, 2018 State Equipment Balances Outstanding .................... $ 327,627,340 LOCAL Equipment Balances Outstanding ............... $ 43,530,235 State Real Property Balances Outstanding ............. $ 515,560,000 LOCAL Real Property Balances Outstanding .......... $ 24,070,041 COP Debt Service Paid (principal & interest) during FY 2018 ........................................................... $ 96,594,058 School Bond Guarantee Program, Guaranteed as of June 30, 2018 ................................ $ 12,978,801,031

Accounting General Fund Book Balance, June 30, 2018 ............... $ 1,737,396,275 Total Treasury Funds’ Book Balance, June 30, 2018 . $ 7,627,323,487 Total Receipts of Treasury Funds ................................ $ 78,667,737,136 Total Disbursements of Treasury Funds .................... $ 77,117,985,748 Total Treasurer’s Trust Funds’ Book Balance, June 30, 2018 ........................................ $ 903,005,605 Total Receipts of Treasurer’s Trust Funds ................. $ 5,450,567,760 Total Disbursements of Treasurer’s Trust Funds...... $ 5,305,316,075

Public Deposit Protection Commission As of June 30, 2018 WA Bank / Thrift Public Depositaries .......................... 63 WA FDIC Insured Public Deposits ............................. $ 295,944,131 WA Uninsured Public Deposits ................................. $ 6,004,689,421 Securities Pledged to Uninsured Public Deposits .. $ 5,115,780,398 Coverage – Uninsured Public Deposits ................... 85.20% WA Credit Union Public Depositaries ......................... 16 WA NCUA Insured Public Deposits .......................... $ 3,765,165

8

GENERAL FUND

General Fund Fiscal Year Comparisons (In Millions)

2014 2015 2016 2017 2018

Beginning Book Balance ...................... $ 178.568 $ 401.227 $ 1,001.142 $ 1,614.932 $ 863.390 Cash Revenue .................................................... $ 22,925.512 $ 27,247.866 $27,204.800 $29,919.157 $30,865.193 Other Cash Receipts ......................................... 6,527.359 5,970.509 7,327.290 6,977.928 8,153.479 Total Cash Receipts ........................................... $ 29,452.871 $ 33,218.375 $34,532.090 $36,897.085 $39,018.672 Total Cash Disbursements ............................... $ 29,230.212 $ 32,618.461 $33,918.300 $37,648.627 $38,144.666

Ending Book Balance ............................... $ 401.227 $ 1,001.141 $ 1,614.932 $ 863.390 $ 1,737.396

Cash Revenue 1 Bond Retirement & Interest ............................. $ (0.309) $ (0.313) $ (0.282) $ (0.265) $ (0.271) Secretary of State .............................................. 33.511 33.909 35.213 39.563 40.232

Department of Revenue: Retail Sales Tax ................................................ 6,935.831 8,181.761 8,062.380 9,431.871 9,245.161 Business & Occupation Tax............................ 3,052.581 3,576.601 3,420.372 4,001.308 3,825.952 Compensating Tax .......................................... 522.741 591.579 592.219 671.874 650.481 Cigarette Tax .................................................... 366.981 401.403 361.103 376.352 338.311 Public Utility Tax .............................................. 374.946 394.829 383.306 434.025 405.694 Various Other Revenue .................................. 426.790 426.680 409.546 535.462 527.326 Insurance Commission ..................................... 467.338 572.660 538.643 603.889 632.323 Liquor and Cannabis Board ............................. 145.961 105.056 102.875 112.858 116.854 Department of Licensing: Excise Tax - Other............................................ 0.161 0.167 0.173 0.187 0.215 Various Other Revenue .................................. 17.739 18.444 18.255 20.390 20.904 Department of Social & Health Services ......... 92.858 75.195 84.849 73.721 98.326 Universities & Colleges ..................................... 0.152 0.217 0.112 (0.116) 0.355 Treasurer’s Transfers ........................................ (100.191) (103.812) (66.068) (968.208) (299.709) Counties: Property Tax .................................................... 1,971.304 2,017.026 2,058.722 2,096.566 2,755.234 Real Estate Excise Tax ..................................... 639.211 777.916 933.603 1,065.037 1,211.812 Various Other Revenue .................................. 60.413 59.344 58.467 54.682 0.060 Federal Grants-in-Aid (All Agencies) ................ 7,688.852 9,838.731 9,898.240 10,730.100 10,813.339 Revenues Distributed to Local Governments (37.573) (38.654) (39.338) (41.108) (27.016) Other Agencies’ Cash Revenue ........................ 266.215 319.127 352.410 680.969 509.610

Total Cash Revenue ............................... $ 22,925.512 $ 27,247.866 $ 27,204.800 $29,919.157 $30,865.193

1 Source: Agency Financial Reporting System (AFRS). Fiscal Year 2018 – Preliminary totals as of September 10, 2018.

9

INVESTMENTS GUIDELINES FOR TREASURY and TREASURER’S TRUST PORTFOLIO

State Treasurer’s Investment Guidelines for the Treasury and Treasurer’s Trust Portfolio

nvestment of the Treasury and Treasurer’s Trust Portfolio is guided by a policy approved by the

State Treasurer and operates under the standard of a prudent investor. According to this policy:

1. Investments are limited to those authorized by statute. They include:

• U.S. Treasury and agency securities (more precisely, obligations of any government-sponsored corporation eligible for collateral purposes by the Federal Reserve Bank);

• Obligations of certain supranational institutions;

• Corporate notes, provided that the treasurer complies with policies adopted by the State Investment Board.

• Local Government Investment Pool (LGIP);

• Repurchase agreements; and,

• Deposits with qualified public depositaries.

2. The Treasury and Treasurer’s Trust Portfolio has been separated into three main portfolios, primarily to manage liquidity risk.

• STIF Portfolio – the main objectives of this portfolio are to meet the daily cash requirements of accounts in the

state treasury and in the custody of the Treasurer, and manage the temporary cash positions of the core portfolio.

• Intermediate Portfolio – this enhanced cash portfolio acts as a cushion in the event of unforeseen cash needs. It is expected to provide a higher return than the STIF portfolio over a market cycle while investing in securities with shorter maturities and greater liquidity than the core portfolio.

• Core Portfolio – this portfolio is comprised of cash that is not reasonably expected to be necessary to meet short- or intermediate-term liquidity needs. Accordingly this cash may be invested further out the yield curve where, over a market cycle, it is expected to provide a higher return than the STIF and intermediate portfolios.

3. Investments subject to high price sensitivity or reduced marketability are limited to no more than 15 percent of the portfolio.

4. All security transactions are done on a delivery versus payment basis.

5. All securities are held in the custody of the State Treasurer or the Treasurer's third-party custodian.

I

10

INVESTMENTS GUIDELINES FOR LGIP PORTFOLIO

State Treasurer’s Investment Guidelines for the Local Government Investment Pool (LGIP) Portfolio

he LGIP manages a portfolio of securities that meet the maturity, quality, diversification and liquidity

requirements set forth in Statement No. 79 of the Governmental Accounting Standards Board (GASB) for external investment pools who wish to measure, for financial reporting purposes, all of its investments at amortized cost. The funds are limited to high quality obligations with regulated maximum and average maturities to minimize both market and credit risk. Investment activity for the LGIP is guided by an investment policy approved by the State Treasurer and operates under the standard of a prudent investor. According to this policy:

1. Investments are limited to those authorized by statute. They include:

• U.S. Treasury and agency securities (more precisely, obligations of any government-sponsored corporation eligible for collateral purposes by the Federal Reserve Bank);

• Obligations of certain supranational institutions;

• Repurchase agreements; and,

• Deposits with qualified public depositaries.

2. Investments are made with the following objectives in priority order:

• Safety of principal;

• Liquidity; and,

• Maximum yield within the parameters set by the first two objectives.

3. The maximum final expected maturity of securities purchased is 397 days, with the exception of floating or variable rate securities. Floating or variable rates securities, which have reset dates shorter than 397 days and can be reasonably expected to reset at or near par on their reset dates, may have a final expected maturity of 762 days.

4. The weighted average maturity of all securities owned does not exceed 60 days.

5. The weighted average life of all securities owned does not exceed 120 days.

5. Investments subject to high price sensitivity or reduced marketability are limited to no more than 10 percent of the portfolio.

6. All security transactions are done on a delivery versus payment basis.

7. All securities are held in the custody of the State Treasurer or the Treasurer’s third-party custodian.

T

11

INVESTMENTS TIME CERTIFICATE OF DEPOSIT INVESTMENT PROGRAM

66 64 64 64 65

10 11 9 9 8

0

25

50

75

100

January 2016 July 2016 January 2017 July 2017 January 2018

Time Certificate of Deposit Investment Program Fiscal Year 2018 Semiannual Participation

Financial Institutions Offered Time Certificate of DepositFinancial Institutions Accepting Time Certificate of Deposit

$25$75

$125$175$225$275$325$375$425$475$525$575$625$675$725

Jan-2015 Jul-2015 Jan-2016 Jul-2016 Jan-2017 Jul-2017 Jan-18

Funds Allocated Semiannual to theTime Certificate of Deposit Investment Program

versusFunds Accepted by Local Financial Institutions

(In Millions)

Funds Allocated to the Time Deposit Investment ProgramFunds Accepted by Local Financial Institutions

Time Certificate of Deposit Investment Program

he Time Certificate of Deposit Investment Program has two primary objectives: first, to provide a competitive return on

funds placed in certificates of deposit with local financial institutions; and second, to ensure that locally generated tax dollars are invested throughout the state to help meet local demands for loans. In accordance with state law, the Treasurer manages the Time Deposit Investment Program as a separate and distinct investment program. A portion of the funds available for investment by the State Treasurer is set aside semiannually for this program.

or Fiscal Year 2018:

• The average daily-invested balance in the Time Certificate of Deposit Investment Program was $46.7 million.

• The average yield was 1.68%.

• The total value on June 30, 2018 of outstanding certificates of deposit was $47.395 million.

• Eight public depositaries in the state had certificates of deposit under this program as of June 30, 2018.

T F

Num

ber

of F

inan

cial

Inst

itutio

ns

12

INVESTMENTS TREASURY and TREASURER’S TRUST PORTFOLIO

$2,500 $3,000 $3,500 $4,000 $4,500 $5,000 $5,500 $6,000 $6,500

2013

2014

2015

2016

2017

2018

Treasury & Treasurer’s Trust Investment Portfolio (currency in millions)

.

Average Daily Invested Balance by Type

Investment Type Average Balance Percentage

Investments with LGIP $ 1,980.6 32.26% U.S. Agency Securities 1,540.3 25.09 U.S. Treasury Securities 1,762.9 28.72 Supranational Securities 544.5 8.87 Bank Deposits 214.6 3.50 Corporate Securities 95.7 1.56 $6,138.6 100.00%

Average DailyInvested Balance

13

INVESTMENTS TREASURY and TREASURER’S TRUST PURCHASES

Treasury AND Treasurer’s Trust Investment Purchases by Type

(currency in millions)

Balance June 30, 2017 Purchases Balance June 30, 2018 Security Type Amount Percent Amount Percent Transactions Amount Percent Investments with LGIP ................ $3,117.6 45.5% $27,997.1 84.0% 151 $4,411.0 51.5% U.S. Agency Securities ............... 1,737.5 25.3 264.1 0.8 19 1,340.6 15.7 U.S. Treasury Securities ............. 1,355.5 19.8 2,162.2 6.5 102 1,708.2 19.9 Supranational Securities ........... 423.8 6.2 312.4 0.9 21 696.8 8.1 Bank Deposits ............................. 170.1 2.5 2,488.8 7.5 70 289.0 3.4 Corporate Securities .................. 51.8 0.7 84.2 0.3 9 123.6 1.4

Total ............................................ $ 6,856.3 100.0% $33,308.8 100.0% 372 $ 8,569.2 100.0%

Weighted Average Days to Maturity for Investments as of June 30, 2018

Security Type Days to Maturity Investments with LGIP ......... 1

U.S. Agency Securities ......... 488 U.S. Treasury Securities ....... 926 Supranational Securities ...... 776 Bank Deposits ....................... 10 Corporate Securities ............. 1,011

14

INVESTMENTS TREASURY and TREASURER’S TRUST EARNINGS

General Fund Total Funds

$(13.5)

$(10.2)

$(2.9)

$1.7

$8.4

$13.9

$12.1

$24.8

$27.1

$19.4

$28.0

$41.2

$55.6

$78.9

-$25 $0 $25 $50 $75 $100 $125 $150

2012

2013

2014

2015

2016

2017

2018

$3.0

$0.9

$0.6

$1.3

$1.9

$2.4

$3.4

$9.9

$2.3

$1.6

$3.5

$4.7

$5.6

$9.5

$0 $5 $10 $15 $20 $25

2012

2013

2014

2015

2016

2017

2018

Treasury FundsInvesTmenT earnIngs

Treasurer’s TrusT FundsInvesTmenT earnIngs

15

INVESTMENTS LGIP SUMMARY

Local Government Investment Pool

ashington’s Local Government Investment Pool (LGIP) was authorized by the 1986 Legislature

at the request of the Treasurer’s office. The LGIP and other local investment pools, currently operating in approximately half of the states, have been successful in providing cash managers in local governments and other political subdivisions an attractive investment option. The program encourages small and large entities to pool their resources to earn a higher return on investments. The State Treasurer oversees the management of the pool in consultation with the LGIP Advisory Committee. Cash managers previously limited either by relatively small amounts of available funds for investment or the complexities of today’s investment environment can take advantage of the volume and expertise of the State Treasurer’s investment program to maximize earnings. The LGIP: • Provides flexibility for cash managers.

• Allows local governments to earn competitive rates of return on liquid funds.

• Maintains the safety of funds.

• Utilizes the economies of scale inherent in the securities market.

• Allows the option of direct deposit of revenue to individual pool accounts; and,

• Allows participants to open a separate account for bond proceeds to facilitate the arbitrage calculation process.

The LGIP operates with a daily earnings factor, which is a net earnings figure that is calculated using the investment income earned each day, including realized gains and losses, less an administrative fee. The fee represents administration and recovery costs associated with the operation of the Fund. The administrative charge to participants was 0.7 basis points for FY 2018. Net earnings will be declared daily and paid monthly to each pool participant’s account.

W

16

INVESTMENTS LGIP INVESTMENT PORTFOLIO

$18.6

$12.2

$12.6

$33.9

$83.3

$188.0

2013

2014

2015

2016

2017

2018

Investment Earnings

$9,415.3

$10,138.7

$9,520.1

$10,499.3

$12,871.5

$13,300.3

$7,800 $8,600 $9,400 $10,200 $11,000 $11,800 $12,600 $13,400

2013

2014

2015

2016

2017

2018

Average Daily Invested Balance

Investment Type Average Balance Percentage Repurchase Agreements $3,172.5 23.85% U.S. Treasury Securities 3,457.7 26.00% U.S. Agency Securities 4,789.0 36.01% Bank Deposit 1,265.0 9.51% Supranational Securities 616.1 4.63%

$13,300.3 100.00%

Average Daily Invested Balanceby Type

0

0.0025

0.005

0.0075

0.01

0.0125

0.015

0.0175

0.02

Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun

2016 2017 2018

LGIP NET EARNINGS RATEVersus

FEDERAL FUNDS and iMoney Net, Inc.Fiscal Year 2018

17

DEBT MANAGEMENT ADMINISTRATION

Debt AdministrationState Finance Committee The Debt Management Section of the Office of the State Treasurer provides staff support to the State Finance Committee. The committee is composed of the Governor, Lieutenant Governor, and State Treasurer, the latter being designated by law as chairman. By statutory provision, the committee is delegated authority to supervise and control the issuance of all state bonds.

Bond Program During fiscal year 2018, the State Finance Committee sold $862.5 million in new money Various Purpose General Obligation (VP) Bonds and $212.8 million in new Motor Vehicle Fuel Tax (MVFT) General Obligation Bonds. These bonds were issued for various capital and transportation projects.

The state also executed refunding sales: $1.271 billion of VP refunding bonds $29.3 million of MVFT refunding bonds. On a present value basis, savings over the life of the refunded bonds total nearly $166.7 million. Debt service savings in the 2017-19 biennium total $17.3 million and savings in the 2019-21 biennium total $14.9 million.

Outstanding long-term bonded debt as of June 30, 2018 totaled $20.1 billion. Included in this total is $583.1 million in Triple Pledge Bonds and $589.0 million in Federal Highway Grant Anticipation Revenue Bonds (GARVEE).

Debt is subject to constitutional limitations as prescribed by the Washington State Constitution. As of June 30, 2018, the aggregate debt contracted by the state did not exceed that amount for which payments of principal and interest in any fiscal year would require the state to expend more than 8.25% of the arithmetic mean of its general state revenues for the six immediately preceding fiscal years. The arithmetic mean of the general state revenues for Fiscal Years 2012 through 2017 is $17,177,985,970. The debt service limitation, 8.25% of this mean, is $1,417,183,843. The state’s maximum annual debt service as of June 30, 2018, on debt service subject to the constitutional debt limitation is $1,187,509,221 or $229,674,621 less than the debt service limitation.

Lease Purchase Program The Office of the State Treasurer administers the state Lease/Purchase Program that provides state agencies with an alternative way to finance essential real estate and equipment over a multi-year period. The program uses standardized documentation, which allows financing contracts to be consolidated or "pooled" and sold to investors as Certificates of Participation (COPs). By pooling financing requests, the state is able to realize substantial savings through economies of scale and access to lower tax-exempt interest rates.

Since 1998, the Lease/Purchase program has been extended to local governments in the Local Option Capital Asset Lending Program (LOCAL). The LOCAL program provides economies of scale, the state’s COP rating, and standardized documentation.

As of June 30, there were $910.8 million in outstanding COPs. Underlying this amount were financing contracts in the amounts of $843.2 million for 48 state agencies and $67.6 million for 144 local governments.

School Bond Guarantee Program During the 1999 legislative session, the Washington State Legislature created a Washington State school bond credit enhancement program. The program’s purpose is to provide savings to state taxpayers by pledging the full faith and credit of the state to the payment of voter-approved school district general obligation bonds.

Since its implementation in 2000, the program has been widely used by school districts. As of June 30, 2018, bonds totaling over $25.0 billion have been issued by 223 school districts under the program, with $13.0 billion outstanding.

18

DEBT MANAGEMENT BONDS

Fiscal PrincipalYear Principal Interest Total

2008 557,056,495$ 547,137,880$ 1,104,194,376$ 2009 592,120,442 634,657,226 1,226,777,668 2010 617,172,538 694,673,298 1,311,845,837 2011 636,708,541 777,614,949 1,414,323,489 2012 651,469,749 830,031,230 1,481,500,979 2013 703,601,997 859,836,111 1,563,438,108 2014 791,236,540 897,702,362 1,688,938,901 2015 861,534,557 928,984,943 1,790,519,500 2016 959,341,570 939,698,991 1,899,040,561 2017 1,023,454,430 968,946,805 1,992,401,236 2018 1,047,410,873 972,050,268 2,019,461,141

Principal and Interest Paid2008 - 2018

State of Washington BondsFiscal Year 2018 Issuances

September 26, 2017Various Purpose General Obligation Bonds

336,000,000$

Motor Vehicle Fuel Tax General Obligation Bonds

100,805,000

General Obligation Bonds

36,650,000

Various Purpose General Obligation Refunding Bonds

27,290,000

Motor Vehicle Fuel Tax General Obligation Refunding Bonds

29,305,000

November 14, 2017Various Purpose General Obligation Refunding Bonds

742,645,000

November 30, 2018Various Purpose General Obligation Refunding Bonds

501,545,000

March 6, 2018Various Purpose General Obligation Bonds

489,880,000

Motor Vehicle Fuel Tax General Obligation Bonds

112,040,000

2,376,160,000$

Series 2018T (Taxable) …………………………………………………………

True Interest Cost: 3.3737%Series 2018A ………………….……………………………………………………

True Interest Cost: 2.2392%Series 2018B ………………………………………………………………………

True Interest Cost: 1.7430%

True Interest Cost: 1.2380%Series R-2018A ……………………………………………………………………

True Interest Cost: 2.7500%Series R-2018C ……………………………………………………………………

True Interest Cost: 3.0345%

Total Fiscal Year 2018 …………………………………………

True Interest Cost: 1.1999%Series R-2018B ……………………………………………………………………

True Interest Cost: 3.6019%Series 2018C ………………………………………………………………………

True Interest Cost: 3.6092%Series 2018D ………………………………………………………………………

Series R-2018D ……………………………………………………………………

Bond Debt Growth as of June 302008 - 2018

Fiscal Authorized PrincipalYear Unissued Issued Outstanding

2008 10,732,076,395$ 1,891,150,000$ 13,007,374,085$ 2009 12,682,076,395 1,702,700,000 14,117,953,643 2010 9,539,631,395 3,865,560,000 16,599,951,104 2011 9,376,715,778 2,078,825,000 16,768,450,665 2012 7,418,641,778 3,837,580,000 18,353,125,916 2013 6,326,461,778 2,729,170,000 18,711,578,920 2014 6,478,453,797 2,075,660,000 19,748,502,380 2015 5,429,584,433 3,659,374,364 19,747,742,187 2016 11,695,504,797 2,227,405,636 20,061,806,253 2017 10,442,538,797 2,168,185,000 20,150,241,822 2018 12,415,833,797 2,376,160,000 20,067,035,949

19


SUMMARY - DEBT STRUCTURE BY REVENUE PLEDGE

6/30/2014 6/30/2015 6/30/2016 6/30/2017 6/30/2018Outstanding by Source of PaymentGeneral Obligation Bonds

General State Revenues and Other Sources (1) 11,433,123,784$ 11,357,937,220$ 11,522,910,143$ 11,759,128,952$ 11,845,479,002$ First payable from Motor Vehicle Fuel Tax Revenue 7,010,288,596 6,889,515,603 6,996,406,110 6,836,652,871 6,752,548,683 First payable from Toll Revenue on SR-520 Corridor 518,775,000 518,775,000 518,775,000 596,455,000 583,060,000

18,962,187,380$ 18,766,227,823$ 19,038,091,253$ 19,192,236,822$ 19,181,087,684$ GARVEE and TIFIA Bonds

GARVEE Bonds payable from Pledged Federal Aid 786,315,000$ 786,315,000$ 723,715,000$ 658,005,000$ 589,030,000$ TIFIA Bond payable from Tolls on SR-520 Corridor ................... 195,199,364 300,000,000 300,000,000 296,918,265

786,315,000$ 981,514,364$ 1,023,715,000$ 958,005,000$ 885,948,265$ 19,748,502,380$ 19,747,742,187$ 20,061,806,253$ 20,150,241,822$ 20,067,035,949$

Annual Debt Service Requirements by Fiscal YearGeneral Obligation Bonds

General State Revenues and Other Sources (1)

Payable from General State Revenues 1,000,139,367$ 1,065,773,549$ 1,075,710,284$ 1,115,806,655$ 1,124,731,266$ Reimbursed from Other Sources (1) 87,737,679 88,687,469 102,658,001 107,951,621 105,680,230

1,087,877,046$ 1,154,461,019$ 1,178,368,285$ 1,223,758,276$ 1,230,411,496$ Motor Vehicle Fuel Tax Revenue

First payable from Excise Taxes on Motor Vehicle and Special Fuels 489,875,489$ 517,831,766$ 533,117,976$ 556,198,165$ 564,001,409$ Reimbursed from Tolls on Tacoma Narrows Bridge 54,344,250 53,106,066 61,385,150 70,548,900 69,115,150

544,219,739$ 570,937,831$ 594,503,126$ 626,747,065$ 633,116,559$ Toll Revenue

First payable from Tolls on SR-520 Corridor 26,024,975$ 26,024,975$ 26,024,975$ 41,824,970$ 43,246,025$

GARVEE and TIFIA Bonds30,817,141$ 39,095,675$ 100,144,175$ 100,070,925$ 100,001,150$ ................... ................... ................... ................... 12,685,912

30,817,141$ 39,095,675$ 100,144,175$ 100,070,925$ 112,687,062$ 1,688,938,901$ 1,790,519,500$ 1,899,040,561$ 1,992,401,236$ 2,019,461,141$

(in dollars)

Total - Outstanding ……………………………………………

GARVEE Bonds payable from Pledged Federal Aid TIFIA Bond payable from Tolls on SR-520 Corridor

Total - Annual Debt Service by Fiscal Year …………..

(Summary of Debt Structure continued on page 20)

20


SUMMARY - DEBT STRUCTURE BY REVENUE PLEDGE (continued from page 19)

6/30/2014 6/30/2015 6/30/2016 6/30/2017 6/30/2018

New Money IssuanceVarious Purpose General Obligation Bonds 1,023,685,000$ 653,750,000$ 874,650,000$ 954,420,000$ 862,530,000$ Motor Vehicle Fuel Tax General Obligation Bonds 542,180,000 199,920,000 387,085,000 158,925,000 212,845,000 Triple Pledge Bonds (SR 520 Corridor Program) ................... ................... ................... 90,370,000 ...................Federal Highway Grant Anticipation Revenue Bonds 285,915,000 ................... ................... ................... ...................TIFIA Bond ................... 195,199,364 104,800,636 ................... ...................

1,851,780,000$ 1,048,869,364$ 1,366,535,636$ 1,203,715,000$ 1,075,375,000$

Refunding IssuanceVarious Purpose General Obligation Refunding Bonds 117,905,000$ 1,608,135,000$ 717,135,000$ 668,380,000$ 1,271,480,000$ Motor Vehicle Fuel Tax General RefundingObligation Bonds 105,975,000 1,002,370,000 143,735,000 296,090,000 29,305,000

223,880,000$ 2,610,505,000$ 860,870,000$ 964,470,000$ 1,300,785,000$ 2,075,660,000$ 3,659,374,364$ 2,227,405,636$ 2,168,185,000$ 2,376,160,000$

(1) The state may be reimbursed from sources that are not general state revenues, including tuition fees, patient fees, admission taxes, parking taxes, and certain King County sales and uses taxes.

(2) Note: Totals may not add due to rounding.

Issuance

Total - Issuance (2)……………………………………………………………

21

State AgenciesFiscal Year Equipment Real Estate Equipment Real Estate Total Issuance

2012 25,048,983$ 42,640,000$ 11,351,017$ 1,005,000$ 80,045,000$ 2013 111,522,716 87,085,000 6,477,284 1,470,000 206,555,000 2014 34,216,724 3,985,000 12,278,276 5,565,000 56,045,000 2015 21,772,854 .......................... 6,097,146 1,345,000 29,215,000 2016 112,537,391 157,810,000 9,822,609 10,510,000 290,680,000 2017 45,660,818 117,062,000 4,129,182 1,618,000 168,470,000 2018 46,459,091 62,040,000 8,285,909 ......................... 116,785,000

397,218,576$ 470,622,000$ 58,441,424$ 21,513,000$ 947,795,000$

Local Agencies

Certificates of Participation Issuance for Fiscal Years 2012 through 2018

DEBT MANAGEMENT CERTIFICATES OF PARTICIPATION

Equipment Real EstateDated Series Name TIC Local State Local State Series Total9/28/2017 WA COP Series 2017B

(State and Local Agency Personal Property) 1.400% 6,386,358$ 17,793,642$ $.................. $...................... 24,180,000$ 3/22/2018 WA COP Serics 2018A

(State and Local Agency Personal Property) 2.304% 1,899,551 28,665,449 .................. ...................... 30,565,000 5/10/2018 WA COP Series 2018B

(State Real Property) 3.548% .................... ...................... .................. 62,040,000 62,040,000 8,285,909$ 46,459,091$ $.................. 62,040,000$ 116,785,000$

Fiscal Year 2018 Certificates of Participation Issues

22

DEBT MANAGEMENT SCHOOL BONDS GUARANTEED

School Bonds Issued with Guarantee – Fiscal Years 2008-2018

Fiscal Year Issue Count Bonds Issued With Guarantee 2008 50 $ 1,366,105,477

2009 59 854,762,953

2010 43 938,551,211

2011 47 1,325,615,000

2012 65 1,183,529,000

2013 64 1,790,687,060

2014 40 1,336,764,747

2015 58 1,860,713,000

2016 61 2,177,040,654

2017 54 2,156,745,573

2018 39 2,259,625,000

580 $ 17,250,139,675

During the 1999 legislative session, the Washington State Legislature created the Washington State school bond credit enhancement program. The program’s purpose is to provide savings to state taxpayers by pledging the full faith and credit of the state of Washington to the payment of voter-approved school district general obligation bonds.

23

ACCOUNTING CONSOLIDATED STATEMENT - TREASURY FUNDSACCOUNTING CONSOLIDATED STATEMENT - TREASURY FUNDS

July 1, 2017

Outstanding

Warrants

Ending

Cash Balance

Ending

Book Balance

Less

Disbursements

Plus

Receipts

Beginning

Book Balance

Fiscal Year 2018 June 30, 2018

GENERAL FUND

39,018,672,343.58 General001 $ $ $ $ $ 863,390,164.51 38,144,666,233.00 23,789,529.65 1,737,396,275.09 1,761,185,804.74 $

...........................Millersylvania Park Current018 5,210.50 ........................... ........................... 5,210.50 5,210.50

(2,295.60)Geothermal01E 16,418.57 (10,522.93) ........................... 24,645.90 24,645.90

...........................Institutional Impact01N 19,144.72 ........................... ........................... 19,144.72 19,144.72

1,800,223.44 Flood Control Assistance02P 717,935.23 751,750.88 20.00 1,766,407.79 1,766,427.79

24,355,836.84 State Investment Board Expense031 3,765,091.87 23,423,920.61 91,447.62 4,697,008.10 4,788,455.72

...........................State Emergency Water Projects Revolving032 221,616.92 ........................... ........................... 221,616.92 221,616.92

...........................Excess Earnings03A ........................... ........................... ...................................................... ...........................

47,665,076.43 County Criminal Justice Assistance03L 1,449,500.49 48,217,283.48 575.14 897,293.44 897,868.58

18,780,016.46 Municipal Criminal Justice Assistance03M (138,401.07) 19,221,350.19 230.08 (579,734.80) (579,504.72)

0.12 Public Health Services04L 6.22 ........................... ........................... 6.34 6.34

...........................State and Local Improvements Revolving051 26,744.33 ........................... ........................... 26,744.33 26,744.33

...........................State & Local Improve Revolving (Waste Disp Facilities, 1980)055 2,639.01 ........................... ........................... 2,639.01 2,639.01

5,799,284.68 Criminal Justice Treatment05C 2,848,901.78 6,901,931.88 20,000.00 1,746,254.58 1,766,254.58

...........................Tourism Development and Promotion05M ........................... ........................... ...................................................... ...........................

10,981,411.26 Outdoor Recreation070 ........................... 10,981,411.26 450.46 ........................... 450.46

162,108.37 State & Local Improve Revolving (Water Supply Facilities)072 704,831.14 158,468.66 ........................... 708,470.85 708,470.85

872,041.39 Farm and Forest09C 1,063,697.76 1,163,449.17 ........................... 772,289.98 772,289.98

538,373.34 Riparian Protection09G ........................... 538,373.34 216.81 ........................... 216.81

3,527,693.78 Economic Development Strategic Reserve09R 4,479,205.61 6,761,065.72 ........................... 1,245,833.67 1,245,833.67

...........................Veterans Innovation Program10K 103,740.40 ........................... ........................... 103,740.40 103,740.40

3,076,702.36 Columbia River Basin Water Supply Development10P 8,063,174.85 5,554,318.56 ........................... 5,585,558.65 5,585,558.65

46,401.24 Energy Freedom10R 201,929.73 (478,176.79) ........................... 726,507.76 726,507.76

...........................Hood Canal Aquatic Rehabilitation Bond10T ........................... ........................... ...................................................... ...........................

...........................Reinvesting in Youth11F 5.98 ........................... ........................... 5.98 5.98

...........................Heritage Barn Preservation11N ........................... ........................... ...................................................... ...........................

...........................Water Quality Capital11W 34,227.10 ........................... ........................... 34,227.10 34,227.10

1,614,251.18 Site Closure125 28,489,956.30 200,959.65 7,080.00 29,903,247.83 29,910,327.83

...........................Boating Activities12J 10,000.00 ........................... ........................... 10,000.00 10,000.00

...........................Puget Sound Scientific Research12K ........................... ........................... ...................................................... ...........................

...........................Independent Youth Housing12R ........................... ........................... ...................................................... ...........................

...........................Veterans Conservation Corps12W ........................... ........................... ...................................................... ...........................

(265,081,196.17)Budget Stabilization14B 1,709,018,154.83 18,391,849.48 171,544.00 1,425,545,109.18 1,425,716,653.18

...........................Puget Sound Recovery14C ........................... ........................... ...................................................... ...........................

...........................Community Preservation & Development Auth14H 8,750.00 ........................... ........................... 8,750.00 8,750.00

12,804,614.11 Streamlined Sales & Use Tax Mitigation14L 2,819,800.16 13,057,350.34 ........................... 2,567,063.93 2,567,063.93

...........................WA Community Tech Opportunity15C ........................... ........................... ...................................................... ...........................

...........................Local Public Safety Enhancement15F ........................... ........................... ...................................................... ...........................

...........................Building Communities15J ........................... ........................... ...................................................... ...........................

24

ACCOUNTING CONSOLIDATED STATEMENT - TREASURY FUNDS

July 1, 2017

Outstanding

Warrants

Ending

Cash Balance

Ending

Book Balance

Less

Disbursements

Plus

Receipts

Beginning

Book Balance


GENERAL FUND (Continued)

6,664,131.00 Columbia River Water Delivery15K $ $ $ $ $ 16,173.66 6,664,131.00 ........................... 16,173.66 16,173.66 $

...........................Evergreen Job Training15R ........................... ........................... ...................................................... ...........................

11,025.76 Water Rights Processing16V 63,653.58 2,242.01 1,003.53 72,437.33 73,440.86

...........................Judicial Retirement Administrative177 ........................... ........................... ...................................................... ...........................

...........................Opportunity Express Account17C 62,171.42 ........................... ........................... 62,171.42 62,171.42

...........................State Efficiency and Restructuring17E ........................... ........................... ...................................................... ...........................

128,660,824.35 Washington Opportunity Pathways17F 9,480,115.22 114,057,256.57 5,483.83 24,083,683.00 24,089,166.83

...........................Basic Health Plan Stabilization17K ........................... ........................... ...................................................... ...........................

...........................Opportunity Expansion18H 326.64 ........................... ........................... 326.64 326.64

(7,218,960.64)Child and Family Reinvestment18T 7,218,960.64 ........................... ...................................................... ...........................

...........................Yakima Integrated Plan Implementation19K ........................... ........................... ...................................................... ...........................

670,976.44 Charter Schools Oversight19L 236,976.30 387,595.66 613.79 520,357.08 520,970.87

...........................Diesel Idle Reduction19N ........................... ........................... ...................................................... ...........................

...........................Yakima Integrated Plan Implementation Taxable Bond20C ........................... ........................... ...................................................... ...........................

...........................Invest in Washington20F ........................... ........................... ...................................................... ...........................

(4.50)Behavioral Health Innovation20S 4,359,118.12 4,313,489.26 ........................... 45,624.36 45,624.36

...........................Chehalis Basin21B ........................... ........................... ...................................................... ...........................

...........................Dairy Nutrient Infrastructure21D ........................... ........................... ...................................................... ...........................

...........................Sexual Assault Prevention and Response21P ........................... ........................... ...................................................... ...........................

...........................Child Welfare System Improvement21R ........................... ........................... ...................................................... ...........................

23,029.53 Early Learning Facilities Revolving22C ........................... 23,029.53 ...................................................... ...........................

13,073.70 Early Learning Facilities Development22D ........................... 13,073.70 ...................................................... ...........................

...........................Statewide Tourism Marketing22T ........................... ........................... ...................................................... ...........................

6,791,050.45 Habitat Conservation244 4,623,713.40 11,414,763.85 287.35 ........................... 287.35

(38,000.88)Education Construction253 1,548,800.33 591,427.00 ........................... 919,372.45 919,372.45

...........................Growth Management Planning and Environmental Review285 ........................... ........................... ...................................................... ...........................

...........................Education Savings291 ........................... ........................... ...................................................... ...........................

36,580,499.89 State Taxable Building Construction355 21,601,422.27 59,071,171.27 ...........................(889,249.11) (889,249.11)

1,558,269.70 School Constr & Skill Ctrs Bldg359 7,282.35 54,949.82 ........................... 1,510,602.23 1,510,602.23

(150,000.00)Special Personnel Litigation Revolving488 150,000.00 ........................... ...................................................... ...........................

460,373,024.47 Pension Funding Stabilization489 ........................... 206,172,817.87 ........................... 254,200,206.60 254,200,206.60

11,307,000.00 School Employees' Insurance Administrative492 ........................... 3,250,107.73 104.18 8,056,892.27 8,056,996.45

1,238,654.48 LEOFF System Plan 2 Expense548 54,365.54 1,224,112.68 1,011.78 68,907.34 69,919.12

...........................Columbia River Crossing Project563 ........................... ........................... ...................................................... ...........................

105,200,000.00 Dedicated McCleary Penalty702 ........................... ........................... ........................... 105,200,000.00 105,200,000.00

(24,318.34)Tobacco Prevention and Control828 1,572,911.77 75,411.65 ........................... 1,473,181.78 1,473,181.78

500,630.21 145.87 1,321,241.52 1,135,536.58 500,484.34 $686,189.28 830 Agricultural College Trust Management

3,609,275,488.64 38,708,137,837.62 3,633,365,232.73 $ $ $ $ $ $ 39,638,408,698.80 TOTAL GENERAL FUND 24,089,744.092,679,004,627.46

25


July 1, 2017

Outstanding

Warrants

Ending

Cash Balance

Ending

Book Balance

Less

Disbursements

Plus

Receipts

Beginning

Book Balance


SPECIAL REVENUE FUNDS

114,937.50 Hospital Data Collection002 $ $ $ $ $ 96,146.23 123,772.29 133.82 87,311.44 87,445.26 $

626,780.50 Architects' License003 887,448.08 448,143.12 35.67 1,066,085.46 1,066,121.13

1,120,419.72 Winter Recreational Program007 1,472,680.64 992,699.28 ........................... 1,600,401.08 1,600,401.08

(1,215,542.76)Forest Development014 10,014,756.07 (455,783.10) 2,479.92 9,254,996.41 9,257,476.33

4,015,314.96 ORV & Non-Highway Vehicle Account01B 1,375,080.19 3,681,973.43 3,158.50 1,708,421.72 1,711,580.22

2,591,455.60 Snowmobile01M 3,371,163.61 2,632,987.56 ........................... 3,329,631.65 3,329,631.65

1,978,793.59 Professional Engineers'024 1,855,304.34 1,919,068.10 1,163.74 1,915,029.83 1,916,193.57

4,632,235.50 Real Estate Commission026 4,169,612.08 5,889,035.40 10,531.07 2,912,812.18 2,923,343.25

2,440,835.56 Reclamation027 3,595,751.80 2,351,335.68 3,650.00 3,685,251.68 3,688,901.68

724,955.26 Surveys and Maps02A 1,118,002.75 810,028.82 ........................... 1,032,929.19 1,032,929.19

62,561,952.53 Health Professions02G 13,761,504.11 65,173,826.43 150,284.51 11,149,630.21 11,299,914.72

1,333,030.14 Business Enterprises Revolving02H 686,142.61 1,186,110.84 2,058.40 833,061.91 835,120.31

2,213,545.07 Certified Public Accountants'02J 2,685,776.27 1,308,632.18 1,060.71 3,590,689.16 3,591,749.87

5,240,256.87 Death Investigations02K 3,475,856.33 5,208,072.44 1,439.13 3,508,040.76 3,509,479.89

480,410.13 Essential Rail Assistance02M 431,555.08 487,186.44 ........................... 424,778.77 424,778.77

...........................Parkland Acquisition02N 18,555.71 2,005.00 ........................... 16,550.71 16,550.71

(2,955,004.78)Aquatic Lands Enhancement02R 14,232,523.38 (579,542.17) 43,959.50 11,857,060.77 11,901,020.27

40,125,940.72 Timber Tax Distribution02W 985,942.53 40,708,708.97 26,090.07 403,174.28 429,264.35

(3,622.50)Landowner Contingency Forest Fire Suppression030 3,847,320.95 (167,262.58) ........................... 4,010,961.03 4,010,961.03

6,103,548.84 Aeronautics039 1,111,845.80 4,037,920.05 329,845.93 3,177,474.59 3,507,320.52

367,809.51 Asbestos03B 675,573.07 252,202.12 0.05 791,180.46 791,180.51

16,128,821.85 Emergency Medical Services and Trauma Care System Trust03C 10,388,774.10 15,237,558.14 12,657.50 11,280,037.81 11,292,695.31

26,555,621.28 Enhanced 91103F 3,779,369.86 27,786,079.28 5,234.20 2,548,911.86 2,554,146.06

50,408,947.58 Business License03N 3,297,744.04 50,667,376.84 82,433.85 3,039,314.78 3,121,748.63

64,141.81 Fire Service Trust03P 431,530.92 33,017.33 20.00 462,655.40 462,675.40

2,995,625.46 Safe Drinking Water03R 2,968,280.36 3,161,559.78 2,615.60 2,802,346.04 2,804,961.64

11,738,383.20 Resource Management Cost041 25,236,439.63 8,652,468.11 153,478.50 28,322,354.72 28,475,833.22

(1,936,248.45)Charitable, Educational, Penal, and Reformatory Institutions042 7,520,221.80 (3,803,677.94) 208,785.92 9,387,651.29 9,596,437.21

6,564,700.59 Waste Reduction, Recycling, and Litter Control044 2,728,025.48 7,033,121.81 381.13 2,259,604.26 2,259,985.39

3,506,680.73 State Vehicle Parking045 74,833.01 2,431,482.52 17.50 1,150,031.22 1,150,048.72

8,107.43 Marine Fuel Tax Refund048 322,399.52 1,360.42 ........................... 329,146.53 329,146.53

919,288.76 Uniform Commercial Code04E 1,822,097.06 817,937.17 2.67 1,923,448.65 1,923,451.32

(159,446.00)Surface Mining Reclamation04H 785,488.78 14,121.46 0.75 611,921.32 611,922.07

1,454,449.96 Recreational Fisheries Enhancement04M 1,025,984.67 1,506,086.94 846.86 974,347.69 975,194.55

58,987,629.51 Drinking Water Assistance04R 1,063,016.71 78,630,648.09 727.33 (18,580,001.87) (18,579,274.54)

69,683.83 Vehicle License Fraud04V 22,995.73 ........................... ........................... 92,679.56 92,679.56

834,820.18 Waterworks Operator Certification04W 1,066,269.41 833,360.48 1,105.00 1,067,729.11 1,068,834.11

(5,235,892.05)Public Works Assistance058 71,935,214.92 10,985,960.51 7,373.30 55,713,362.36 55,720,735.66

84,957,420.94 Disaster Response05H 15,840,887.64 69,337,491.00 83,415.28 31,460,817.58 31,544,232.86

26


July 1, 2017

Outstanding

Warrants

Ending

Cash Balance

Ending

Book Balance

Less

Disbursements

Plus

Receipts

Beginning

Book Balance


SPECIAL REVENUE FUNDS (Continued)

17,907.49 Drinking Water Assistance Administrative05R $ $ $ $ $ 5,183,008.72 876,276.05 ........................... 4,324,640.16 4,324,640.16 $

27,204.22 State Drought Preparedness05W 2,679,557.46 140,643.70 ........................... 2,566,117.98 2,566,117.98

...........................Salmon Recovery06A 27,243.34 (650.00) ........................... 27,893.34 27,893.34

784,960.09 Real Estate Appraiser Commission06G 550,032.15 805,014.12 5.38 529,978.12 529,983.50

50,400.00 Lead Paint06K 107,651.64 43,354.81 ........................... 114,696.83 114,696.83

9,716,425.55 Business and Professions06L 7,971,237.96 10,123,189.15 11,978.18 7,564,474.36 7,576,452.54

247,236.05 Real Estate Research06R 595,261.35 156,911.74 280.00 685,585.66 685,865.66

1,806,620.55 License Plate Technology06T 687,271.88 1,861,557.72 12.60 632,334.71 632,347.31

1,448,156.05 Warm Water Game Fish071 402,095.38 1,117,203.62 145.35 733,047.81 733,193.16

18,400.00 Vessel Response07C 6,700.00 ........................... ........................... 25,100.00 25,100.00

1,160,920.91 Domestic Violence Prevention07W 1,437,334.65 1,076,577.70 ........................... 1,521,677.86 1,521,677.86

587,467.35 Grade Crossing Protective080 97,800.45 414,376.22 ........................... 270,891.58 270,891.58

259,163,391.53 State Patrol Highway081 27,595,659.89 257,137,052.97 288,852.05 29,621,998.45 29,910,850.50

2,216,220.46 Motorcycle Safety Education082 2,287,966.67 2,212,611.96 368.08 2,291,575.17 2,291,943.25

478,066.25 Building Code Council084 155,347.51 494,277.07 780.71 139,136.69 139,917.40

4,966,128.76 Fire Service Training086 6,817,784.12 7,084,584.28 111,874.12 4,699,328.60 4,811,202.72

1,962,357.87 Park Land Trust Revolving087 2,268,108.81 1,694,660.54 723.60 2,535,806.14 2,536,529.74

450,483,325.86 Education Legacy Trust08A 55,679,398.02 182,798,555.74 77,946.19 323,364,168.14 323,442,114.33

827,019.35 Military Department Rental and Lease08H 1,603,440.41 288,098.45 250.40 2,142,361.31 2,142,611.71

768,766.73 Problem Gambling08K 608,439.62 774,178.68 ........................... 603,027.67 603,027.67

2,055,423.72 Small City Pavement and Sidewalk08M 2,443,131.57 3,062,790.80 ........................... 1,435,764.49 1,435,764.49

(3,093,976.33)Waste Tire Removal08R 7,851,400.33 402,357.09 ........................... 4,355,066.91 4,355,066.91

3,662,607.75 Transportation Infrastructure094 7,206,251.03 589,428.23 ........................... 10,279,430.55 10,279,430.55

27,079,764.99 Electrical License095 10,728,629.79 24,886,824.68 5,972.33 12,921,570.10 12,927,542.43

11,318.47 Highway Infrastructure096 1,012,108.17 10,024.56 ........................... 1,013,402.08 1,013,402.08

781,054.78 Recreational Vehicle097 2,556,414.30 367,350.51 3.00 2,970,118.57 2,970,121.57

125,111,112.71 Puget Sound Capital Construction099 9,411,372.51 121,806,749.60 3,390.55 12,715,735.62 12,719,126.17

7,603,303.51 Freight Mobility Investment09E 9,298,370.30 2,828,919.60 ........................... 14,072,754.21 14,072,754.21

(147,228.99)High-Occupancy Toll Lanes Operations09F 4,477,890.95 (2,337,001.84) 224.49 6,667,663.80 6,667,888.29

271,809,733.18 Transportation Partnership09H 179,307,863.36 271,312,753.92 216,457.78 179,804,842.62 180,021,300.40

(349,484.28)Aquatic Invasive Species Enforcement09M 417,461.89 67,977.61 ...................................................... ...........................

(201,692.03)Aquatic Invasive Species Prevention09N 198,426.18 (3,265.85) ...................................................... ...........................

23,131,832.55 City-County Assistance09P 40.31 21,180,985.21 35.31 1,950,887.65 1,950,922.96

19,511.21 Washington Main Street Trust Fund09T 75,564.12 8,344.41 ........................... 86,730.92 86,730.92

22,663,055.14 Rural Arterial Trust102 20,107,753.92 19,422,959.49 ........................... 23,347,849.57 23,347,849.57

53,462,080.21 State Wildlife104 23,961,546.57 58,646,346.58 113,256.49 18,777,280.20 18,890,536.69

113,288,693.95 Highway Safety106 42,485,987.73 131,922,666.04 128,725.43 23,852,015.64 23,980,741.07

29,412,642.29 Liquor Excise Tax107 8,663,711.91 28,676,768.77 ........................... 9,399,585.43 9,399,585.43

1,709,688,900.36 Motor Vehicle108 208,512,685.53 1,690,082,720.11 5,093,174.30 228,118,865.78 233,212,040.08

27


July 1, 2017

Outstanding

Warrants

Ending

Cash Balance

Ending

Book Balance

Less

Disbursements

Plus

Receipts

Beginning

Book Balance



250,023,818.13 Puget Sound Ferry Operations109 $ $ $ $ $ 30,330,216.04 263,362,644.82 120,371.75 16,991,389.35 17,111,761.10 $

263,850.47 Aquatic Algae Control10A 413,875.46 209,072.93 3.00 468,653.00 468,656.00

19,927,807.20 Home Security Fund10B 15,350,309.40 23,058,476.94 18,600.00 12,219,639.66 12,238,239.66

75,330.18 Water Rights Tracking System10G 555,859.87 ........................... ........................... 631,190.05 631,190.05

2,790,233.78 Special Wildlife110 4,986,063.45 1,807,495.64 6,768.16 5,968,801.59 5,975,569.75

18,162,680.36 Public Service Revolving111 20,576,539.46 18,467,651.79 5,318.70 20,271,568.03 20,276,886.73

3,998,043.45 Common School Construction113 116,654,184.56 80,252,500.54 ........................... 40,399,727.47 40,399,727.47

61,435.00 Basic Data116 43,970.00 101,725.00 ........................... 3,680.00 3,680.00

162,120,611.84 Unemployment Compensation Administration119 281,274.06 162,319,977.81 2,373,185.94 81,908.09 2,455,094.03

39,293,243.04 Regional Mobility Grant Program11B 45,623,279.86 23,633,062.27 ........................... 61,283,460.63 61,283,460.63

7,403,934.20 Freight Mobility Multimodal11E 10,882,038.46 1,907,760.00 ........................... 16,378,212.66 16,378,212.66

5,286,801.30 Forest and Fish Support11H 7,178,743.67 5,018,989.63 ........................... 7,446,555.34 7,446,555.34

8,658,028.19 Washington Auto Theft Prevention Authority11K (648,511.11) 6,396,906.90 ........................... 1,612,610.18 1,612,610.18

13,689,284.05 Administrative Contingency120 15,195,549.22 11,149,028.14 ........................... 17,735,805.13 17,735,805.13

5,519,421.03 Affordable Housing For All12C 3,043,051.56 4,763,000.69 4,798.02 3,799,471.90 3,804,269.92

396,700.00 Charitable Organization Education12M 1,350,002.70 265,587.37 46,122.50 1,481,115.33 1,527,237.83

1,242,608.27 Traumatic Brain Injury12T 1,000,860.05 1,444,200.02 173.46 799,268.30 799,441.76

26,731,323.64 Employment Services Administrative134 20,123,297.80 22,777,225.58 3,826.96 24,077,395.86 24,081,222.82

31,099,160.50 Insurance Commissioner's Regulatory138 12,253,872.10 29,196,624.96 10,844.67 14,156,407.64 14,167,252.31

105,055,964.09 Transportation Improvement144 61,506,326.77 131,812,861.43 110.00 34,749,429.43 34,749,539.43

361,450.91 Firearms Range146 1,490,334.05 191,545.83 ........................... 1,660,239.13 1,660,239.13

181,010.53 Wildlife Rehabilitation14A 653,435.47 159,708.68 103.42 674,737.32 674,840.74

33,980.00 Ballast Water and Biofouling Management14G 23,500.00 840.00 ........................... 56,640.00 56,640.00

921,519.08 Financial Fraud & ID Theft14M 1,081,755.56 1,302,181.96 ........................... 701,092.68 701,092.68

...........................Military Active State Service14R ........................... ........................... ...................................................... ...........................

4,125,501.57 Ignition Interlock Device14V 3,580,867.38 3,196,129.38 111,927.88 4,510,239.57 4,622,167.45

130,406.93 Low-Income Weatherization/ Structural Rehabilitation Assistance150 2,461,203.38 781,724.53 ........................... 1,809,885.78 1,809,885.78

16,162,045.00 Rural Mobility Grant Program153 4,052,081.22 12,379,012.54 45,740.00 7,835,113.68 7,880,853.68

(1,129,018.27)New Motor Vehicle Arbitration154 2,469,757.55 468,146.22 564.77 872,593.06 873,157.83

85.93 Aquatic Land Dredged Material Disposal Site158 629,179.94 215,567.68 ........................... 413,698.19 413,698.19

618,084.64 Parks Improvement159 1,135,644.91 378,148.16 8,569.14 1,375,581.39 1,384,150.53

7,257,093.87 Cleanup Settlement15H 37,150,452.22 5,665,513.66 100,289.83 38,742,032.43 38,842,322.26

1,109,214.88 Biotoxin15M 372,990.22 1,043,875.62 2,544.71 438,329.48 440,874.19

(7,580,744.75)Energy Recovery Act15P 7,580,744.75 ........................... ...................................................... ...........................

194,368.93 Wood Stove Education and Enforcement160 573,083.06 210,223.93 ........................... 557,228.06 557,228.06

24,759.67 Farm Labor Contractor162 59,028.63 14,000.00 ........................... 69,788.30 69,788.30

(15,900.20)Natural Resources Conservation Areas Stewardship167 290,587.15 (21,799.16) ........................... 296,486.11 296,486.11

6,437,787.94 Judicial Stabilization Trust16A 1,077,010.25 5,922,315.07 37.94 1,592,483.12 1,592,521.06

42,908,691.08 SR 520 Corridor16J 94,139,878.98 53,174,882.75 3,327.04 83,873,687.31 83,877,014.35

28


July 1, 2017

Outstanding

Warrants

Ending

Cash Balance

Ending

Book Balance

Less

Disbursements

Plus

Receipts

Beginning

Book Balance



141,327.47 Appraisal Management Company16M $ $ $ $ $ 434,291.12 104,951.72 0.46 470,666.87 470,667.33 $

1,634.53 Marine Resources Stewardship Trust16P 280,281.15 103,687.17 ........................... 178,228.51 178,228.51

211,016,815.83 Hospital Safety Net Assessment16W 133,574,383.28 205,697,233.72 ........................... 138,893,965.39 138,893,965.39

197,977,433.42 Basic Health Plan Trust172 17,775,566.58 215,753,000.00 ...................................................... ...........................

86,165,360.53 State Toxics Control173 40,788,794.44 92,545,667.75 367,192.23 34,408,487.22 34,775,679.45

29,100,512.42 Local Toxics Control174 58,767,673.30 25,353,501.61 ........................... 62,514,684.11 62,514,684.11

20,902,382.78 Water Quality Permit176 8,337,101.88 21,561,955.59 2,224.36 7,677,529.07 7,679,753.43

14,335,049.64 Home Visiting Services17B 2,060,026.61 14,042,256.46 45,754.10 2,352,819.79 2,398,573.89

...........................Complete Streets Grant Program17N ........................... ........................... ...................................................... ...........................

(996,409.52)SR520 Civil Penalties17P 5,144,966.34 (3,047,979.10) ........................... 7,196,535.92 7,196,535.92

35,653,910.97 Health Benefit Exchange17T 13,576,234.74 31,653,793.88 ........................... 17,576,351.83 17,576,351.83

39,219.46 Limousine Carriers17W 52,645.85 ........................... ........................... 91,865.31 91,865.31

1,430,638.46 Underground Storage Tank182 1,179,608.46 1,440,815.24 ........................... 1,169,431.68 1,169,431.68

19,357,990.86 County Arterial Preservation186 1,098,565.30 19,157,701.24 ........................... 1,298,854.92 1,298,854.92

2,486,283.55 Capital Vessel Replacement18J 874,388.62 18,050.88 125.06 3,342,621.29 3,342,746.35

(10,234.40)Hydraulic Project Approval18L 226,088.50 214,804.10 150.00 1,050.00 1,200.00

1,009,147.85 Biosolids Permit199 1,369,473.49 1,040,570.99 ........................... 1,338,050.35 1,338,050.35

(3,418,743.00)Medicaid Fraud Penalty19A 21,034,939.62 3,791,805.40 177,192.32 13,824,391.22 14,001,583.54

(39,400.19)Forest Practice Application19C 709,048.45 (175,593.48) 1,450.00 845,241.74 846,691.74

37,697,750.25 Environmental Legacy Stewardship19G 17,103,192.01 25,145,030.41 22,758.28 29,655,911.85 29,678,670.13

352,439.10 DOL Technology Improvement and Data Management19T 909,485.32 ........................... ........................... 1,261,924.42 1,261,924.42

822,568.62 Regional Fisheries Enhancement Salmonid Recovery200 490.09 809,182.08 ........................... 13,876.63 13,876.63

3,676,196.47 Department of Licensing Services201 1,445,168.05 2,546,813.70 54.90 2,574,550.82 2,574,605.72

154,790.89 Medical Test Site Licensure202 849,599.78 1,265,373.54 682.81 (260,982.87) (260,300.06)

...........................Passenger Ferry203 27.39 ........................... ........................... 27.39 27.39

(6,119,957.48)Volunteer Fire Fighters' and Reserve Officers' Administrative204 8,513,711.41 441,550.78 1,286.77 1,952,203.15 1,953,489.92

3,248,614.74 Hazardous Waste Assistance207 2,086,296.20 3,133,004.35 602.66 2,201,906.59 2,202,509.25

...........................Brownfield Redevelopment Trust Fund20B ........................... ........................... ...................................................... ...........................

457,914,991.36 Connecting Washington20H 416,160,138.76 388,332,193.24 296,879.16 485,742,936.88 486,039,816.04

10,634.93 Electric Vehicle Charging Infrastructure20J 1,007,653.85 87,130.00 ........................... 931,158.78 931,158.78

...........................Puget Sound Taxpayer Accountability20M ........................... ........................... ...................................................... ...........................

200,519.76 Transportation Future Funding Program20N ........................... ........................... ........................... 200,519.76 200,519.76

7,529,603.65 Radioactive Mixed Waste20R 3,645,041.74 8,028,402.67 1,224.50 3,146,242.72 3,147,467.22

14,054,487.96 PLIA Underground Storage Tank Revolving20T 2,176,543.19 4,297,232.58 ........................... 11,933,798.57 11,933,798.57

...........................Economic Gardening Pilot Project20V ........................... ........................... ...................................................... ...........................

1,405,756.29 Special Category C215 3,404,776.39 1,033.09 ........................... 4,809,499.59 4,809,499.59

29,235,798.34 Air Pollution Control216 1,809,012.00 1,557,614.94 2,046.63 29,487,195.40 29,489,242.03

5,662,492.83 Oil Spill Prevention217 3,581,786.90 5,251,434.80 1,416.68 3,992,844.93 3,994,261.61

255,131,079.42 Multimodal Transportation218 146,503,493.32 229,324,747.45 280,855.31 172,309,825.29 172,590,680.60

29


July 1, 2017

Outstanding

Warrants

Ending

Cash Balance

Ending

Book Balance

Less

Disbursements

Plus

Receipts

Beginning

Book Balance



106,029.84 Concealed Pistol License Renewal21E $ $ $ $ $........................... 43,812.39 ........................... 62,217.45 62,217.45 $

78,767.00 Wastewater Treatment Plant Operator Certification21H ........................... 360.00 45.00 78,407.00 78,452.00

2,160.89 Distracted Driving Prevention21M ........................... ........................... ........................... 2,160.89 2,160.89

1,109,178.10 Aquatic Invasive Species Management21S ........................... 430,084.60 1,127.09 679,093.50 680,220.59

12,025,732.42 Construction Registration Inspection21V ........................... 9,782,953.64 10,796.50 2,242,778.78 2,253,575.28

649,904.87 Freshwater Aquatic Weeds222 932,781.44 593,522.66 430.00 989,163.65 989,593.65

(432,901.64)State Oil Spill Response223 8,302,178.66 245,204.55 105.50 7,624,072.47 7,624,177.97

...........................Abandoned Recreational Vehicle Disposal22J ........................... ........................... ...................................................... ...........................

9,068,003.12 Energy Efficiency22M ........................... ........................... ........................... 9,068,003.12 9,068,003.12

...........................Internet Consumer Access22R ........................... ........................... ...................................................... ...........................

...........................Secure Drug Take-Back Program22U ........................... ........................... ...................................................... ...........................

...........................Public Disclosure Transparency22W ........................... ........................... ...................................................... ...........................

3,729,684.13 Public Works Administration234 13,152,070.41 3,212,911.03 5,711.92 13,668,843.51 13,674,555.43

1,732,062.07 Youth Tobacco & Vapor Product Prevention235 1,090,693.92 1,397,919.79 6,119.45 1,424,836.20 1,430,955.65

(69,020.87)Recreation Access Pass237 2,783,299.20 261,477.64 380.00 2,452,800.69 2,453,180.69

...........................University of Washington Operating Fees260 123.54 ........................... ........................... 123.54 123.54

244,784.25 Manufactured Home Installation Training262 447,658.72 182,438.57 319.06 510,004.40 510,323.46

1,089,341.60 Community and Economic Development Fee263 2,731,800.48 632,120.63 ........................... 3,189,021.45 3,189,021.45

10,330,585.46 Recreation Resources267 15,285,262.28 5,494,252.23 ........................... 20,121,595.51 20,121,595.51

7,052,930.87 Nonhighway and Off-Road Vehicle Activities (NOVA) Program268 8,715,519.67 6,032,877.53 13,987.54 9,735,573.01 9,749,560.55

67,532,227.93 Parks Renewal and Stewardship269 23,739,455.03 66,380,543.91 58,550.35 24,891,139.05 24,949,689.40

...........................Washington State University Operating Fees271 ........................... ........................... ...................................................... ...........................

...........................Central Washington University Operating Fees275 ........................... ........................... ...................................................... ...........................

123,384.96 State Agency Parking277 238,794.29 139,864.56 315.00 222,314.69 222,629.69

1,530,683.63 Columbia River Basin Water Supply Rev Recovery296 3,170,981.65 ........................... ........................... 4,701,665.28 4,701,665.28

33,057,175.06 Dedicated Marijuana Fund315 18,247,369.36 63,515,148.82 60,911.27 (12,210,604.40) (12,149,693.13)

699,954.04 Public Health Supplemental319 2,470,569.77 2,153,088.33 1,192.37 1,017,435.48 1,018,627.85

15,922,430.14 State Treasurer's Service404 6,572,801.72 9,221,619.82 6,141.67 13,273,612.04 13,279,753.71

158,962.34 Coastal Protection408 1,118,441.94 279,311.57 ........................... 998,092.71 998,092.71

5,170,778.04 Local Goverment Archives441 922,628.40 4,472,456.87 1,081.59 1,620,949.57 1,622,031.16

520,775.64 Perpetual Surveillance and Maintenance500 45,895,887.04 76.00 ........................... 46,416,586.68 46,416,586.68

133,027.30 Oyster Reserve Land507 434,595.65 171,641.53 ........................... 395,981.42 395,981.42

(49,434,765.70)Tacoma Narrows Toll Bridge511 20,074,852.07 (50,421,464.81) 2,160.75 21,061,551.18 21,063,711.93

976,749.55 Derelict Vessel Removal513 1,164,098.19 659,583.40 17,355.94 1,481,264.34 1,498,620.28

9,311,255.34 Washington Housing Trust532 10,065,211.07 6,339,627.19 30,487.15 13,036,839.22 13,067,326.37

2,126,884.17 Alaskan Way Viaduct Replacement Project535 ........................... 2,780.72 ........................... 2,124,103.45 2,124,103.45

7,946,999.03 Election549 3,711,215.29 213,651.18 551.28 11,444,563.14 11,445,114.42

61,581,294.23 Transportation 2003550 3,322,739.68 74,281,624.25 676.67 (9,377,590.34) (9,376,913.67)

54,360.67 Skilled Nursing Facility Safety Net Trust562 5,530,496.12 4,029,502.79 ........................... 1,555,354.00 1,555,354.00

30


July 1, 2017

Outstanding

Warrants

Ending

Cash Balance

Ending

Book Balance

Less

Disbursements

Plus

Receipts

Beginning

Book Balance



2,295,689.29 Water Pollution Control Revolving Administration564 $ $ $ $ $ 4,060,389.79 1,648,222.46 ........................... 4,707,856.62 4,707,856.62 $

...........................Yakima Integrated Plan Implementation Revenue Recovery565 ........................... ........................... ...................................................... ...........................

774.82 Community Forest Trust566 69,698.35 (14,026.95) ........................... 84,500.12 84,500.12

120,121.93 Multiuse Roadway Safety571 180,697.27 4,749.77 ........................... 296,069.43 296,069.43

(3,002,805.81)I-405 Express Toll Lanes Operations595 21,107,791.16 (15,471,731.99) 1,329.56 33,576,717.34 33,578,046.90

38,340,386.24 Department of Retirement Systems Expense600 5,950,916.35 34,268,752.26 1,738.08 10,022,550.33 10,024,288.41

86,258.20 Rural Washington Loan689 8,179,419.15 328,083.71 ........................... 7,937,593.64 7,937,593.64

92,951,915.67 Water Pollution Control Revolving727 144,853,771.18 116,811,286.94 595.18 120,994,399.91 120,994,995.09

...........................Capitol Campus Reserve733 ........................... ........................... ...................................................... ...........................

24,633.49 Prostitution Prevention and Intervention777 80,411.80 3,098.33 ........................... 101,946.96 101,946.96

697,257.93 State Educational Trust Fund785 6,105,967.16 46,384.95 755.69 6,756,840.14 6,757,595.83

1,994.53 Youth Athletic Facility818 187,792.23 ........................... ........................... 189,786.76 189,786.76

...........................Tobacco Settlement825 ........................... ........................... ...................................................... ...........................

...........................Money-Purchase Retirement Savings Administrative844 ........................... ........................... ...................................................... ...........................

155,858.53 OASI Revolving874 252,890.25 137,359.03 0.71 271,389.75 271,390.46

5,750,663.62 Public Facilities Construction Loan Revolving887 21,040,939.88 7,993,925.05 53.00 18,797,678.45 18,797,731.45

4,793,405.92 Deferred Compensation Administrative888 1,742,270.33 4,657,463.08 10.04 1,878,213.17 1,878,223.21

343,818.58 3,613.30 343,818.58 $340,205.28 893 Radiation Perpetual Maintenance ........................... ...........................

3,006,996,910.57 5,784,037,580.42 3,018,474,405.80 $ $ $ $ $ $ 6,059,100,907.22 TOTAL SPECIAL REVENUE FUNDS 11,477,495.232,731,933,583.77

DEBT SERVICE FUNDS

617,483,913.74 Highway Bond Retirement303 $ $ $ $ $ 268,374,450.61 621,883,970.40 ........................... 263,974,393.95 263,974,393.95 $

37,757,097.89 Ferry Bond Retirement304 14,656,758.44 36,976,076.44 ........................... 15,437,779.89 15,437,779.89

6,791,358.03 Transportation Improvement Board Bond Retirement305 5,375,893.72 6,895,977.09 ........................... 5,271,274.66 5,271,274.66

13,307,695.74 Washington State University Bond Retirement347 3,964,650.24 6,970,094.68 ........................... 10,302,251.30 10,302,251.30

(17,018.30)University of Washington Bond Retirement348 19,192,430.58 4,647,156.75 ........................... 14,528,255.53 14,528,255.53

1,421,591,289.92 Debt-Limit General Fund Bond Retirement380 1,502.67 1,421,591,693.75 ........................... 1,098.84 1,098.84

282,075.00 Debt-Limit Reimbursable Bond Retirement381 ........................... 282,075.00 ...................................................... ...........................

...........................Nondebt-Limit General Fund Bond Retirement382 ........................... ........................... ...................................................... ...........................

208,014,717.90 Nondebt-Limit Reimbursable Bond Retirement383 98.39 208,014,816.29 ...................................................... ...........................

...........................Nondebt-Limit Proprietary Appropriated Bond Retirement384 ........................... ........................... ...................................................... ...........................

...........................Nondebt-Limit Proprietary Nonappropriated Bond Retirement385 ........................... ........................... ...................................................... ...........................

...........................Nondebt-Limit Revenue Bond Retirement386 ........................... ........................... ...................................................... ...........................

8,669,739.47 55,931,937.02 56,187,430.25 8,669,739.47 $8,414,246.24 389 Toll Facility Bond Retirement ...........................

318,184,793.64 2,363,193,797.42 ........................... 318,184,793.64 $ $ $ $ $ $ 2,361,398,560.17 TOTAL DEBT SERVICE FUNDS 319,980,030.89

CAPITAL PROJECTS FUNDS

...........................Higher Education Construction01L $ $ $ $ $........................... ........................... ...................................................... ...........................$

(5,032,064.47)Capitol Building Construction036 2,526,193.97 (6,435,404.66) ........................... 3,929,534.16 3,929,534.16

24.87 State Higher Education Construction056 2,343.08 ........................... ........................... 2,367.95 2,367.95

31


July 1, 2017

Outstanding

Warrants

Ending

Cash Balance

Ending

Book Balance

Less

Disbursements

Plus

Receipts

Beginning

Book Balance


CAPITAL PROJECTS FUNDS (Continued)

985,890,531.73 State Building Construction057 $ $ $ $ $ 49,073,991.00 719,753,514.53 921,802.25 315,211,008.20 316,132,810.45 $

34,064,273.36 Community and Technical College Capital Projects060 8,807,848.54 27,744,593.92 ........................... 15,127,527.98 15,127,527.98

5,862,130.53 Eastern Washington University Capital Projects061 3,426,595.52 3,893,953.52 ........................... 5,394,772.53 5,394,772.53

18,803,232.26 Washington State University Building062 (923,807.96) 15,709,966.04 ........................... 2,169,458.26 2,169,458.26

5,426,748.52 Central Washington University Capital Projects063 3,451,503.82 1,346,361.48 ........................... 7,531,890.86 7,531,890.86

44,556,018.33 University of Washington Building064 6,999,726.75 38,040,643.00 ........................... 13,515,102.08 13,515,102.08

7,001,117.80 Western Washington University Capital Projects065 3,425,685.97 5,888,300.73 ........................... 4,538,503.04 4,538,503.04

4,271,685.18 The Evergreen State College Capital Projects066 1,939,425.62 2,692,201.26 ........................... 3,518,909.54 3,518,909.54

...........................State Social and Health Services Construction075 5,371.39 ........................... ........................... 5,371.39 5,371.39

18,266.17 Columbia River BasinTax Bond Water Supply Development18B 2,152,809.00 971,473.18 ........................... 1,199,601.99 1,199,601.99

...........................Public Safety Reimbursable Bond245 4.12 ........................... ........................... 4.12 4.12

552.03 Community and Technical College Forest Reserve246 1,880,090.96 (1,005,142.56) ........................... 2,885,785.55 2,885,785.55

1,534,343.48 Thurston County Capital Facilities289 7,238,188.08 4,306,007.31 1,000.00 4,466,524.25 4,467,524.25

...........................Gardner-Evans Higher Education Construction357 45,698.05 ........................... ........................... 45,698.05 45,698.05

1,725,597.35 11,043.39 635,341.47 1,725,597.35 $1,101,299.27 364 Military Department Capital ...........................

381,267,657.30 812,917,511.14 382,190,459.55 $ $ $ $ $ $ 1,103,032,201.26 TOTAL CAPITAL PROJECTS FUNDS 922,802.2591,152,967.18

PERMANENT FUNDS

370,104.13 Natural Resources Real Property Replacement04B $ $ $ $ $ 5,914,585.65 (2,461,090.00) ........................... 8,745,779.78 8,745,779.78 $

813,031.49 Agricultural Permanent601 551,763.36 643,043.02 ........................... 721,751.83 721,751.83

57.95 Millersylvania Park Trust603 5,457.76 ........................... ........................... 5,515.71 5,515.71

962,706.19 Normal School Permanent604 488,077.54 1,082,827.31 ........................... 367,956.42 367,956.42

757,568.99 Permanent Common School605 97,917.46 268,288.40 ........................... 587,198.05 587,198.05

917,582.38 Scientific Permanent606 358,301.28 523,724.90 ........................... 752,158.76 752,158.76

128,403.74 State University Permanent607 153,064.10 74,278.97 ........................... 207,188.87 207,188.87

1,515,819.35 (5,796.97) 1,125,417.31 1,515,819.35 $384,605.07 851 Developmental Disabilities Community Trust ...........................

12,903,368.77 125,275.63 ........................... 12,903,368.77 $ $ $ $ $ $ 5,074,872.18 TOTAL PERMANENT FUNDS 7,953,772.22

ENTERPRISE FUNDS

106,749,062.83 Correctional Industries401 $ $ $ $ $ 3,123,712.27 106,945,599.07 69,270.45 2,927,176.03 2,996,446.48 $

8,959,611.49 Secretary of State's Revolving407 10,539,876.21 9,355,538.33 1,571.94 10,143,949.37 10,145,521.31

14,478,291.18 Lottery Administrative578 560,117.36 14,609,762.97 6,245.24 428,645.57 434,890.81

1,931,828,007.49 Accident608 2,941,957.14 1,930,540,733.00 12,289,744.04 4,229,231.63 16,518,975.67

1,621,608,755.58 Medical Aid609 5,115,550.09 1,622,237,646.64 3,150,596.38 4,486,659.03 7,637,255.41

816,808,299.94 Accident Reserve610 1,543,828.03 816,450,224.16 766,988.26 1,901,903.81 2,668,892.07

1,037,156,743.65 Supplemental Pension881 1,202,811.31 1,037,282,741.49 1,293,641.27 1,076,813.47 2,370,454.74

31,157,916.91 10,122.89 1,358,033.12 10,847,789.31 31,147,794.02 $21,658,037.83 883 Second Injury

56,342,172.93 5,538,780,278.78 73,930,353.40 $ $ $ $ $ $ 5,548,436,561.47 TOTAL ENTERPRISE FUNDS 17,588,180.4746,685,890.24

32


July 1, 2017

Outstanding

Warrants

Ending

Cash Balance

Ending

Book Balance

Less

Disbursements

Plus

Receipts

Beginning

Book Balance


INTERNAL SERVICE FUNDS

3,762,553.96 Public Records Efficiency, Preservation & Access006 $ $ $ $ $ 1,667,833.82 3,644,460.49 ........................... 1,785,927.29 1,785,927.29 $

140,060,951.42 Legal Services Revolving405 19,588,715.78 145,451,230.64 140,875.90 14,198,436.56 14,339,312.46

11,817,003.79 Transportation Equipment410 14,622,742.34 11,434,315.18 12,512.81 15,005,430.95 15,017,943.76

6,390,733.35 Personnel Service415 2,244,434.00 6,474,447.96 1,679.40 2,160,719.39 2,162,398.79

20,837,856.48 State Health Care Authority Administrative418 3,712,092.03 14,393,311.28 12,189.90 10,156,637.23 10,168,827.13

1,298,527.21 Higher Education Personnel Service455 532,358.52 1,366,977.46 498.21 463,908.27 464,406.48

8,142,566.72 OFM Central Service468 ........................... 8,015,620.83 ........................... 126,945.89 126,945.89

5,870,218.76 Auditing Services Revolving483 1,305,253.04 7,158,987.45 477.77 16,484.35 16,962.12

(944,634.26) 562.50 19,591,252.71 19,124,505.77 (945,196.76)($478,449.82)484 Administrative Hearings Revolving

42,969,293.17 217,530,604.00 43,138,089.66 $ $ $ $ $ $ 217,304,917.46 TOTAL INTERNAL SERVICE FUNDS 168,796.4943,194,979.71

PENSION TRUST FUNDS

19,962,445.18 Volunteer Firefighters' Relief and Pension Principal614 $ $ $ $ $ 13,566,574.83 12,543,761.62 61,169.99 20,985,258.39 21,046,428.38 $

74,411,190.99 State Patrol - Plan1615 960,102.36 74,466,118.62 9,674.04 905,174.73 914,848.77

508,441.87 Judges' Retirement616 685,573.16 394,960.74 ........................... 799,054.29 799,054.29

11,061,545.82 State Patrol - Plan 2630 378,219.33 10,994,356.78 ........................... 445,408.37 445,408.37

1,869,586,026.70 Public Employees' Retirement System Plan 1631 10,087,443.57 1,869,647,912.38 343,673.96 10,025,557.89 10,369,231.85

1,315,014,596.31 Teachers' Retirement System Plan 1632 7,721,210.31 1,315,411,652.03 179,550.22 7,324,154.59 7,503,704.81

636,562,178.85 School Employees' Retirement System Combined Plan 2 & 3633 4,484,773.09 636,521,497.96 202,084.21 4,525,453.98 4,727,538.19

64,186,040.10 Public Safety Employees Retirement System Plan 2635 264,902.51 64,151,058.75 107,884.04 299,883.86 407,767.90

2,946,490,876.54 Public Employees' Retirement System Combined Plan 2 & 3641 11,665,544.10 2,945,696,022.46 988,142.55 12,460,398.18 13,448,540.73

1,931,703,034.95 Teachers' Retirement System Combined Plan 2 and 3642 11,510,727.10 1,931,115,119.76 56,522.65 12,098,642.29 12,155,164.94

508,268,797.13 Deferred Compensation Principal722 1,375,387.70 506,536,913.70 6,424.40 3,107,271.13 3,113,695.53

1,280,863.63 Judicial Retirement Principal729 9,332.44 1,280,739.18 ........................... 9,456.89 9,456.89

367,312,738.69 LEOFF Plan 1 Retirement819 2,969,112.71 367,192,659.30 33,758.45 3,089,192.10 3,122,950.55

607,403,900.79 LEOFF Plan 2 Retirement829 3,610,933.12 607,396,804.77 272,285.26 3,618,029.14 3,890,314.40

7,964,487.97 8,354,101.00 8,800,413.69 7,964,487.97 $7,518,175.28 882 Washington Judicial Retirement System ...........................

87,657,423.80 10,351,703,679.05 89,918,593.57 $ $ $ $ $ $ 10,362,553,091.24 TOTAL PENSION TRUST FUNDS 2,261,169.7776,808,011.61

AGENCY FUNDS

7,248,763,782.41 Suspense01P $ $ $ $ $ 54,141,149.13 7,216,917,707.09 268,422.99 85,987,224.45 86,255,647.44 $

(171,590.48)Undistributed Receipts01R 1,391,027.84 ........................... ........................... 1,219,437.36 1,219,437.36

2,024,017.49 Local Leasehold Excise Tax01T 130,367.37 2,004,334.78 ........................... 150,050.08 150,050.08

401,635,659.36 Local Sales and Use Tax034 ........................... 401,635,659.36 ...................................................... ...........................

5,708,863,887.37 State Payroll Revolving035 25,195,691.48 5,709,689,912.14 1,938,715.91 24,369,666.71 26,308,382.62

10,690,872.23 Local Real Estate Excise Tax768 ........................... 10,690,872.23 ...................................................... ...........................

9,483.84 State Investment Board Commingled Monthly Bond795 ........................... 9,483.84 ...................................................... ...........................

611,214.08 State Investment Board Commingled Trust865 ........................... 611,214.08 ...................................................... ...........................

33


July 1, 2017

Outstanding

Warrants

Ending

Cash Balance

Ending

Book Balance

Less

Disbursements

Plus

Receipts

Beginning

Book Balance


AGENCY FUNDS (Continued)

877 OASI Contribution $ $ $........................... ........................... ........................... ........................... ......................................................$ $ $

111,726,378.60 13,341,559,183.52 113,933,517.50 $ $ $ $ $ $ 13,372,427,326.30 TOTAL AGENCY FUNDS 2,207,138.9080,858,235.82

TOTAL TREASURY FUNDS $ $ $ $ $$6,077,572,098.90 78,667,737,136.10 77,117,985,747.58 58,715,327.20 7,686,038,814.62 $ 7,627,323,487.42

34

ACCOUNTING CONSOLIDATED STATEMENT - TRUST FUNDS

July 1, 2017

Outstanding

Warrants

Ending

Cash Balance

Ending

Book Balance

Less

Disbursements

Plus

Receipts

Beginning

Book Balance


GENERAL FUND

...........................Local Tax Administration06N $ $ $ $ $........................... ........................... ...................................................... ...........................$

...........................Commercial Fisheries Buyback07F ........................... ........................... ...................................................... ...........................

165.10 Foster Care Endowed Scholarship Trust08B 15,544.51 ........................... ........................... 15,709.61 15,709.61

21.10 Individual Development Account Program08E 2,244.51 300.00 ........................... 1,965.61 1,965.61

307,666,000.98 State Financial Aid08N 9,120,465.83 308,026,007.97 5,373.92 8,760,458.84 8,765,832.76

...........................Transportation Innovative Partnership08T ........................... ........................... ...................................................... ...........................

...........................Health Insurance Partnership10L ........................... ........................... ...................................................... ...........................

...........................Invasive Species Council10V ........................... ........................... ...................................................... ...........................

...........................Poet Laureate11M 115.55 ........................... ........................... 115.55 115.55

...........................Hospital Infection Control Grant11R ........................... ........................... ...................................................... ...........................

750,000.00 Outdoor Education and Recreation Prog12L 597,337.58 542,858.34 ........................... 804,479.24 804,479.24

...........................Geoduck Aquaculture Research12P 0.48 ........................... ........................... 0.48 0.48

2,001,452.04 Fair131 143,583.55 1,979,927.95 ........................... 165,107.64 165,107.64

(396,261.17)Family Leave Insurance14F 396,261.17 ........................... ...................................................... ...........................

2,347.00 Legislative Oral History14N 56,246.20 1,000.00 ........................... 57,593.20 57,593.20

160,103.96 Skeletal Human Remains Assistance14P 136,651.49 5,413.15 ........................... 291,342.30 291,342.30

...........................Food Animal Vet Scholarship15B ........................... ........................... ...................................................... ...........................

...........................Business Assistance15N ........................... ........................... ...................................................... ...........................

...........................Washington State Flag16F 410.96 ........................... ........................... 410.96 410.96

...........................Mortgage Recovery16K ........................... ........................... ...................................................... ...........................

986.18 Multiagency Permitting Team16R 93,068.21 263.96 ........................... 93,790.43 93,790.43

(493,354.31)Aerospace Training Student Loan17R 1,693,541.96 162,992.42 ........................... 1,037,195.23 1,037,195.23

...........................Native Education Public-Private Partnership18C ........................... ........................... ...................................................... ...........................

...........................High School Completion18F ........................... ........................... ...................................................... ...........................

10,166,000.00 Opportunity Scholarship Match Transfer18G ........................... 8,420,912.56 ........................... 1,745,087.44 1,745,087.44

(6,880.49)24/7 Sobriety18K 14,497.40 ........................... ........................... 7,616.91 7,616.91

...........................Science, Technology, Engineering and Math Education Lighthouse18V ........................... ........................... ...................................................... ...........................

5,059,120.32 Universal Communications Services19J 4,662,442.00 4,023,335.00 ........................... 5,698,227.32 5,698,227.32

5,500,000.00 Andy Hill Cancer Research Endowment Fund Match Transfer19V 4,920,075.77 5,357,837.22 ........................... 5,062,238.55 5,062,238.55

...........................Early Start20L ........................... ........................... ...................................................... ...........................

25,936.83 Gina Grant Bull Memorial Legislative Page Scholarship21J ........................... 2,250.00 ........................... 23,686.83 23,686.83

150,000.00 Skilled Worker Awareness Grant Program21K ........................... 68,768.04 ........................... 81,231.96 81,231.96

...........................Low-Income Home Rehab Revolving Loan Program21L ........................... ........................... ...................................................... ...........................

75,000.00 Suicide-Safer Homes Project21T ........................... 33,407.25 ........................... 41,592.75 41,592.75

9,720,180.84 State Agency Office Relocation Pool22A ........................... 2,349,322.98 145.18 7,370,857.86 7,371,003.04

...........................Highway Worker Memorial Scholarship22B ........................... ........................... ...................................................... ...........................

2,921.00 Landlord Mitigation Program22S ........................... ........................... ........................... 2,921.00 2,921.00

...........................Medical Student Loan22V ........................... ........................... ...................................................... ...........................

...........................Rural Jobs Program Match Transfer23B ........................... ........................... ...................................................... ...........................

35


July 1, 2017

Outstanding

Warrants

Ending

Cash Balance

Ending

Book Balance

Less

Disbursements

Plus

Receipts

Beginning

Book Balance


GENERAL FUND (Continued)

...........................Washington History Day23E $ $ $ $ $........................... ........................... ...................................................... ...........................$

...........................Open Educational Resources23F ........................... ........................... ...................................................... ...........................

862.47 Savings Incentive290 2,781,010.69 489,563.69 ........................... 2,292,309.47 2,292,309.47

769,724.60 Information Technology Investment Revolving447 9,893,596.80 4,614,110.81 ........................... 6,049,210.59 6,049,210.59

...........................School Employees Insurance Reserve473 ........................... ........................... ...................................................... ...........................

...........................School Employees Flexible & Dependent Care Administration474 ........................... ........................... ...................................................... ...........................

...........................School Employees Dental Benefits Administration475 ........................... ........................... ...................................................... ...........................

...........................Regional Transportation Investment District490 ........................... ........................... ...................................................... ...........................

...........................School Employees' Insurance493 ........................... ........................... ...................................................... ...........................

...........................School Employees' Benefits Board Administration494 ........................... ........................... ...................................................... ...........................

...........................Agricultural Conservation Easements514 ........................... ........................... ...................................................... ...........................

...........................Washington Graduate Fellowship Trust534 489.80 ........................... ........................... 489.80 489.80

...........................Washington Youth and Families551 124,634.31 ........................... ........................... 124,634.31 124,634.31

75,481.00 Conservation Assistance Revolving552 387,433.05 68,959.80 ........................... 393,954.25 393,954.25

13,470,888.00 Higher Ed Retirement Plan Supplemental Benefit646 1,200.78 13,470,088.39 ........................... 2,000.39 2,000.39

...........................Washington Distinguished Professorship Trust653 ........................... ........................... ...................................................... ...........................

...........................College Faculty Awards Trust743 186.14 ........................... ........................... 186.14 186.14

3,411,463.54 Health Professional Loan Repayment & Scholarship Program747 9,615,450.51 3,963,131.81 2,001.58 9,063,782.24 9,065,783.82

...........................Higher Education Coord. Board for Innovation and Quality748 ........................... ........................... ...................................................... ...........................

...........................Cross-State Trail781 473.10 ........................... ........................... 473.10 473.10

...........................Health Insurance Pool793 ........................... ........................... ...................................................... ...........................

...........................Stadium and Exhibition Center Construction817 ........................... ........................... ...................................................... ...........................

75,000.00 Four Year Student Child Care in Higher Education835 17,810.35 75,811.50 ........................... 16,998.85 16,998.85

8.18 0.12 8.18 $8.06 837 Washington's Promise Scholarship ........................... ...........................

49,205,677.03 353,656,262.84 49,213,197.71 $ $ $ $ $ $ 358,187,159.11 TOTAL GENERAL FUND 7,520.6844,674,780.76

SPECIAL REVENUE FUNDS

1,884,898.31 Crime Victims' Compensation01F $ $ $ $ $ 7,001,109.88 4,972,244.00 ........................... 3,913,764.19 3,913,764.19 $

1,128,541.66 Pilotage025 1,174,490.43 1,468,078.06 559.54 834,954.03 835,513.57

2,935,618.19 Industrial Insurance Premium Refund03K 4,182,553.10 1,996,538.02 0.57 5,121,633.27 5,121,633.84

23,555.01 Real Estate Education Program04F 614,554.25 2,366.50 ........................... 635,742.76 635,742.76

151,170.44 Oral History, State Library, and Archives06H 25,025.24 171,280.46 70.20 4,915.22 4,985.42

(21,234.17)Securities Prosecution06J 625,817.73 20,244.23 ........................... 584,339.33 584,339.33

464,115.62 Mortgage Lending Fraud Prosecution07A 326,167.89 531,494.65 37,919.50 258,788.86 296,708.36

388,747.94 Organ and Tissue Donation Awareness07B 46,951.07 272,729.37 ........................... 162,969.64 162,969.64

(66,465.04)Contract Harvesting Revolving07E 5,818,765.45 (3,025,756.58) ........................... 8,778,056.99 8,778,056.99

29,752.36 "Helping Kids Speak"07J 7,119.00 33,579.01 ........................... 3,292.35 3,292.35

6,103.00 Special License Plate Applicant Trust07K ........................... ........................... ........................... 6,103.00 6,103.00

750.00 Legislative International Trade07L 1,006.94 1,021.81 ........................... 735.13 735.13

36


July 1, 2017

Outstanding

Warrants

Ending

Cash Balance

Ending

Book Balance

Less

Disbursements

Plus

Receipts

Beginning

Book Balance



381.95 Produce Railcar Pool07N $ $ $ $ $ 92,110.14 92,443.55 ........................... 48.54 48.54 $

34.92 Commemorative Works07T 3,287.98 ........................... ........................... 3,322.90 3,322.90

284,057.02 Fish and Wildlife Enforcement Reward07V 664,293.79 261,060.51 ........................... 687,290.30 687,290.30

45,131.30 Gonzaga University Alumni Association08C 10,431.04 49,809.63 ........................... 5,752.71 5,752.71

93,527.05 Lighthouse Environmental Programs08F 21,384.99 102,970.05 ........................... 11,941.99 11,941.99

662,652.93 Flexible Spending Administrative08G 2,515,773.16 800,877.90 ........................... 2,377,548.19 2,377,548.19

...........................Prescription Drug Consortium08J 42,947.77 ........................... ........................... 42,947.77 42,947.77

35,247.34 "Ski & Ride Washington"08L 6,216.22 38,392.66 ........................... 3,070.90 3,070.90

130,262.29 State Parks Education and Enhancement08P 455,027.03 165,027.59 2,000.00 420,261.73 422,261.73

612,050.21 Veterans Stewardship08V 1,408,110.04 429,631.12 1,425.75 1,590,529.13 1,591,954.88

196,128.34 "Washington's National Park Fund"08W 36,733.55 212,263.33 18,512.65 20,598.56 39,111.21

266,568.16 Eastern Washington Pheasant Enhancement098 189,478.22 277,658.21 160.00 178,388.17 178,548.17

(1,348,289.75)We Love Our Pets09A 16,183.91 (1,343,065.41) ........................... 10,959.57 10,959.57

283,563.27 Boating Safety Education Certification09B 774,900.08 401,461.64 380.00 657,001.71 657,381.71

114,369.25 Washington Coastal Crab Pot Buoy Tag09J 177,894.81 81,878.77 ........................... 210,385.29 210,385.29

24,996.54 Life Sciences Discovery09K 3,757,598.32 3,130,569.97 ........................... 652,024.89 652,024.89

602,690.03 Nursing Resource Center09L 41,046.00 481,203.37 706.00 162,532.66 163,238.66

88,335.33 "Share the Road"10F 28,136.67 98,391.95 ........................... 18,080.05 18,080.05

326,948.45 Employment Training Finance11A 357,000.03 340,365.68 ........................... 343,582.80 343,582.80

341,411.97 Electronic Products Recycling11J 637,063.09 330,917.88 655.00 647,557.18 648,212.18

...........................Large On-Site Sewage Systems11P ........................... ........................... ...................................................... ...........................

331,789.90 Veteran Estate Management11V 19,481.50 319,787.53 ........................... 31,483.87 31,483.87

31,856,590.35 Agricultural Local126 15,921,221.38 31,222,087.33 33,573.80 16,555,724.40 16,589,298.20

12,519,662.34 Grain Inspection Revolving128 8,585,959.66 14,884,826.78 1,804.71 6,220,795.22 6,222,599.93

1.97 Assisted Living Facility Management12E 230,479.38 (50,511.41) ........................... 280,992.76 280,992.76

501,563.19 Manufactured/Mobile Home Dispute Resol12F 2,444,794.19 390,387.87 56.00 2,555,969.51 2,556,025.51

208,363.92 Rockfish Research12G 349,572.10 242,249.83 ........................... 315,686.19 315,686.19

11,554.55 Uniformed Service Shared Leave Pool12H 697,528.83 (118,497.14) ........................... 827,580.52 827,580.52

33,722.48 Get Ready For Math & Science Schlarshp12N 15,527.94 ........................... ........................... 49,250.42 49,250.42

88,894.20 Children's Trust133 527,598.51 93,923.45 1,161.23 522,569.26 523,730.49

5,746,032.37 Washington State Heritage Center14E 2,724,173.24 5,337,151.07 268.00 3,133,054.54 3,133,322.54

207,436.21 Reduced Cigarette Ignition Propensity14W 443,071.97 65,003.29 108.79 585,504.89 585,613.68

...........................Transitional Housing Oper & Rent15A 166,310.15 ........................... ........................... 166,310.15 166,310.15

...........................Broadband Mapping15T ........................... ........................... ...................................................... ...........................

744,838.50 Funeral and Cemetery15V 897,824.87 729,929.98 92.45 912,733.39 912,825.84

500.00 Guaranteed Asset Protection Waiver15W 18,500.00 250.00 ........................... 18,750.00 18,750.00

2,694,612.95 Worker and Community Right to Know163 451,688.72 1,728,539.24 1,515.23 1,417,762.43 1,419,277.66

2,326,529.37 Horse Racing Commission Operating169 1,170,824.65 2,447,195.25 871.14 1,050,158.77 1,051,029.91

189,852.91 Landscape Architects' License16B 323,871.94 181,507.41 451.56 332,217.44 332,669.00

37


July 1, 2017

Outstanding

Warrants

Ending

Cash Balance

Ending

Book Balance

Less

Disbursements

Plus

Receipts

Beginning

Book Balance



1,201.67 Spec Forest Products Outreach/Education16E $ $ $ $ $ 11,528.52 ........................... ........................... 12,730.19 12,730.19 $

64,392,937.04 Universal Vaccine Purchase16G 7,938,530.61 66,083,531.76 ........................... 6,247,935.89 6,247,935.89

1,524,773.50 Columbia River Salmon/Steelhead Endorsement16H 1,226,316.91 1,676,297.25 65.66 1,074,793.16 1,074,858.82

152,115.11 Accessible Communities16L 500,796.66 114,370.59 ........................... 538,541.18 538,541.18

...........................Disabled Veterans Assistance16N ........................... ........................... ...................................................... ...........................

90,484.00 Product Stewardship Programs16T 314,499.01 105,402.69 ........................... 299,580.32 299,580.32

...........................WA Global Health Technologies Product Development17H 2.06 ........................... ........................... 2.06 2.06

1,331,042.99 Foreclosure Fairness17L 1,035,172.66 2,121,312.20 28.00 244,903.45 244,931.45

314,270.77 Individual-Based/Portable Background Check Clearance17M 192,838.20 503,989.54 215.70 3,119.43 3,335.13

36,696.33 Volunteer Firefighters17V 9,366.01 40,219.67 ........................... 5,842.67 5,842.67

32,527.81 Local Government Administrative Hearings180 236,791.81 13,355.07 ........................... 255,964.55 255,964.55

...........................Clarke-McNary189 ........................... ........................... ...................................................... ...........................

(117.88)Investing In Innovation18A 81,676.62 47,211.65 ........................... 34,347.09 34,347.09

2,290,911.17 Educator Certification Processing18E 2,470,305.48 2,003,048.36 1,715.86 2,758,168.29 2,759,884.15

60,001.69 Music Matters Awareness18M 12,649.00 66,364.69 ........................... 6,286.00 6,286.00

82,746.00 Damage Prevention18N 100,550.00 56,725.00 17,600.00 126,571.00 144,171.00

60,956.01 Seattle Sounders FC18R 11,807.59 66,059.01 ........................... 6,704.59 6,704.59

1,719,447.38 Forest Fire Protection Assessment190 9,930,640.48 2,261,577.71 45,662.70 9,388,510.15 9,434,172.85

(122,771.48)State Forest Nursery Revolving193 1,610,061.53 (568,038.21) 6,947.96 2,055,328.26 2,062,276.22

125.26 Energy195 13,551.55 7,301.13 500.00 6,375.68 6,875.68

142,264.71 Statute Law Committee Publications197 802,792.68 133,035.11 82.21 812,022.28 812,104.49

(654,563.83)Access Road Revolving198 8,573,853.45 (2,125,881.55) 8,781.92 10,045,171.17 10,053,953.09

3,000,993.84 School for the Blind19B 1,093,317.83 1,957,612.79 723.39 2,136,698.88 2,137,422.27

5,483.33 4-H Program19E 864.67 6,069.00 ........................... 279.00 279.00

492,683.40 Seattle Seahawks19F 91,450.29 544,338.68 ........................... 39,795.01 39,795.01

366,809.15 Center for Childhood Deafness and Hearing Loss19H 661,395.08 910,247.03 ........................... 117,957.20 117,957.20

6,752.67 Seattle University19M 17,068.33 28.00 ........................... 23,793.00 23,793.00

9,648.65 Child Rescue19P 6,516.92 (79.23) ........................... 16,244.80 16,244.80

...........................Residential Services and Support19R ........................... ........................... ...................................................... ...........................

14.00 Wolf-Livestock Conflict19W 289,779.03 7,750.00 ........................... 282,043.03 282,043.03

484,087.94 Mobile Home Park Relocation205 1,844,253.28 883,964.64 ........................... 1,444,376.58 1,444,376.58

1,634,138.20 Cost of Supervision206 523,793.21 1,671,815.72 340.00 486,115.69 486,455.69

1,285,421.56 Regional Fisheries Enhancement Group209 1,214,965.45 757,106.14 0.57 1,743,280.87 1,743,281.44

20,673.35 State Flower20A 4,106.68 22,171.36 ........................... 2,608.67 2,608.67

...........................CPA Scholarship Transfer20D 275,000.00 25,000.00 ........................... 250,000.00 250,000.00

1,929,000.00 WA Internet Crimes Against Children20E ........................... 427,000.00 ........................... 1,502,000.00 1,502,000.00

2,128.00 Washington Farmers and Ranchers20G 280.00 1,960.00 896.00 448.00 1,344.00

19,550.66 Licensing & Enforcement System Modernization20K 1,286,603.69 115,270.25 177.99 1,190,884.10 1,191,062.09

...........................Nursing Facility Quality Enhancement20P 2,292,266.04 (78,331.43) ........................... 2,370,597.47 2,370,597.47

38


July 1, 2017

Outstanding

Warrants

Ending

Cash Balance

Ending

Book Balance

Less

Disbursements

Plus

Receipts

Beginning

Book Balance



1,610.00 Washington Tennis20W $ $ $ $ $ 476.00 ........................... ........................... 2,086.00 2,086.00 $

665,558.83 Fire Protection Contractor License210 526,625.81 702,801.28 104.35 489,383.36 489,487.71

4,982.50 Veterans' Emblem213 27,737.44 14.00 ........................... 32,705.94 32,705.94

165,919.97 Temporary Worker Housing214 252,297.56 127,069.92 976.00 291,147.61 292,123.61

1,291,611.96 Air Operating Permit219 1,315,250.17 898,696.74 36.14 1,708,165.39 1,708,201.53

5,289.66 Washington State Wrestling21A 665.00 5,352.66 ........................... 602.00 602.00

26,215.07 Washington Sexual Assault Kit21C 2,679,969.08 624,437.59 ........................... 2,081,746.56 2,081,746.56

4,050.67 Fred Hutch21F ........................... 3,749.67 476.00 301.00 777.00

28,177.34 Washington State Aviation21G ........................... 84.00 ........................... 28,093.34 28,093.34

99,171.25 NE WA Wolf-Livestock Management21N ........................... 220,800.40 ...........................(121,629.15) (121,629.15)

11,902.00 Forest Health Revolving21Q ........................... (5,995,936.28) 12,350.65 6,007,838.28 6,020,188.93

9,194.52 Veteran's In-State Service Shared Leave Pool21U ........................... (39,478.98) ........................... 48,673.50 48,673.50

1,183,426.00 K-12 Criminal Background Check21W ........................... 1,140,048.23 86.00 43,377.77 43,463.77

10,460,435.36 Fingerprint Identification225 4,273,171.95 10,541,950.23 3,205.91 4,191,657.08 4,194,862.99

...........................Photovoltaic Module Recycling22G ........................... ........................... ...................................................... ...........................

(615.96)Foster Parent Shared Leave Pool22H ........................... (616.00) ........................... 0.04 0.04

...........................Watershed Restoration Enhancement22K ........................... ........................... ...................................................... ...........................

...........................Public Use General Aviation Airport Loan Revolving22L ........................... (4,999,960.00) ........................... 4,999,960.00 4,999,960.00

...........................Fish and Wildlife Federal Lands Revolving22N ........................... ........................... ...................................................... ...........................

32.67 Natural Resources Federal Lands Revolving22P ........................... (2,847.99) ........................... 2,880.66 2,880.66

...........................Seattle Mariners22Q ........................... ........................... ...................................................... ...........................

...........................Student Loan Advocate23A ........................... ........................... ...................................................... ...........................

...........................Department of Licensing Tuition Recovery23C ........................... ........................... ...................................................... ...........................

...........................Student Achievement Council Tuition Recovery Trust23D ........................... ........................... ...................................................... ...........................

33,592.00 Coastal Crab259 106,849.50 32,841.01 ........................... 107,600.49 107,600.49

(1,500.00)Adult Family Home274 603,232.22 (106,688.87) ........................... 708,421.09 708,421.09

1,711,867.00 Impaired Driving Safety281 413,282.52 1,758,689.00 ........................... 366,460.52 366,460.52

886.60 Juvenile Accountability Incentive283 83,478.06 ........................... ........................... 84,364.66 84,364.66

(3,016.23)Sea Cucumber Dive Fishery294 ........................... ........................... ...........................(3,016.23) (3,016.23)

(11.65)Sea Urchin Dive Fishery295 3.42 ........................... ...........................(8.23) (8.23)

2,937,825.48 Pipeline Safety297 4,316,087.26 2,539,095.47 55.00 4,714,817.27 4,714,872.27

346,885.13 Geologists'298 573,082.51 529,130.17 259.41 390,837.47 391,096.88

36,963,514.08 Financial Services Regulation300 21,089,964.93 33,501,479.47 78,166.74 24,551,999.54 24,630,166.28

31,650.00 Puget Sound Crab Pot Buoy Tag320 45,522.07 25,877.09 ........................... 51,294.98 51,294.98

30,000.00 Crim Justice Training Commis Firing Range Maintenance328 51,178.00 ........................... ........................... 81,178.00 81,178.00

14,427,586.76 Surplus and Donated Food Commodities Revolving416 5,861,721.47 14,822,133.02 ........................... 5,467,175.21 5,467,175.21

5,375,308.32 Anti-Trust Revolving424 2,759,569.02 2,978,737.68 723.16 5,156,139.66 5,156,862.82

(2,513.45)Financial Education Public-Private Partnership480 36,899.82 113.62 ........................... 34,272.75 34,272.75

796,150.48 Horse Racing Owners' Bonus/Breeder Awards485 297,810.58 828,606.51 1,108.06 265,354.55 266,462.61

39


July 1, 2017

Outstanding

Warrants

Ending

Cash Balance

Ending

Book Balance

Less

Disbursements

Plus

Receipts

Beginning

Book Balance



193,220,558.93 Toll Collection495 $ $ $ $ $ 16,293,686.06 190,136,536.82 32,307.50 19,377,708.17 19,410,015.67 $

1,968,148.67 Future Teachers Conditional Scholarship496 2,251,128.14 1,874,031.55 9,000.00 2,345,245.26 2,354,245.26

75,576.97 Horse Racing Commission Class C Purse Fund497 38,285.94 77,470.02 ........................... 36,392.89 36,392.89

132,164.82 Washington State Council of Fire Fighters Benevolent498 30,044.70 146,304.80 ........................... 15,904.72 15,904.72

325,021.11 Law Enforcement Memorial499 78,795.02 354,183.06 ........................... 49,633.07 49,633.07

95,369,008.85 Liquor Revolving501 6,539,972.45 94,922,051.78 174,525.67 6,986,929.52 7,161,455.19

332,360.95 Tuition Recovery503 3,364,730.42 61,732.58 6,507.75 3,635,358.79 3,641,866.54

506,853.54 DNA Data Base515 739,225.12 809,834.46 331.44 436,244.20 436,575.64

19,148,619.92 Fruit and Vegetable Inspection516 7,933,309.33 19,081,020.33 6,913.18 8,000,908.92 8,007,822.10

59,590,546.58 Federal Food Service Revolving536 2,200,659.10 59,574,439.63 41,269.55 2,216,766.05 2,258,035.60

20,059,314.84 Performance Audits of Government553 7,360,338.35 19,553,442.65 4,033.20 7,866,210.54 7,870,243.74

8,149,609.75 Community Technical College Innovation561 9,819,731.47 12,588,754.22 ........................... 5,380,587.00 5,380,587.00

2,206.89 Rural Rehabilitation687 227,815.41 59,000.00 ........................... 171,022.30 171,022.30

866.77 Federal Local Rail Service Assistance688 78,295.07 ........................... ........................... 79,161.84 79,161.84

58,613.49 Child Care Facility Revolving731 1,384,739.10 397.05 ........................... 1,442,955.54 1,442,955.54

(11,500.00)Nursing Home Civil Penalties732 1,866,969.52 (542,250.47) ........................... 2,397,719.99 2,397,719.99

84,343.37 Hanford Area Economic Investment746 3,328.88 42,366.25 ........................... 45,306.00 45,306.00

39,345.01 Governor's Interagency Committee of State Employed Women749 69,349.35 41,551.74 ........................... 67,142.62 67,142.62

...........................Basic Health Plan Subscription761 250,744.09 ........................... ........................... 250,744.09 250,744.09

1,278.00 Center for the Improvement of Student Learning763 35,600.68 1,278.00 ........................... 35,600.68 35,600.68

...........................Commission on Higher Ed Prof Student Ex Program773 51,200.00 ........................... ........................... 51,200.00 51,200.00

303,993.71 University of Washington License Plate774 172,587.36 323,761.74 ........................... 152,819.33 152,819.33

646,432.44 Washington State University License Plate776 57,241.33 653,892.05 ........................... 49,781.72 49,781.72

21,560.01 Western Washington University License Plate778 86.33 21,534.34 ........................... 112.00 112.00

41,831.96 Eastern Washington University License Plate779 46,048.46 36,195.00 ........................... 51,685.42 51,685.42

458,525.06 School Zone Safety Account780 1,140,855.75 154,338.14 ........................... 1,445,042.67 1,445,042.67

18,344.65 Central Washington University License Plate783 1,537.67 18,479.98 ........................... 1,402.34 1,402.34

266,560,877.56 Miscellaneous Transportation Programs784 9,109,294.91 285,713,276.03 456,508.80 (10,043,103.56) (9,586,594.76)

3,987.68 The Evergreen State College License Plate786 7,135.03 6,042.00 ........................... 5,080.71 5,080.71

52,701.95 Advanced Environmental Mitigation Revolving789 618,307.98 ........................... ........................... 671,009.93 671,009.93

7,972,896.02 Stadium and Exhibition Center816 33,717,128.60 ........................... ........................... 41,690,024.62 41,690,024.62

1,701,645.00 Impaired Physician821 350,098.73 1,557,691.46 350.00 494,052.27 494,402.27

23,552.92 Livestock Nutrient Management823 10,946.53 (10,955.03) ........................... 45,454.48 45,454.48

4,425,322.33 Developmental Disabilities Endowment Trust833 1,431,687.45 3,525,977.79 ........................... 2,331,031.99 2,331,031.99

16,241.62 Capitol Furnishings Preservation Committee834 77,066.67 9,174.37 ........................... 84,133.92 84,133.92

16,140,477.10 Federal Forest Revolving878 454.22 16,133,716.56 ........................... 7,214.76 7,214.76

3,779,348.59 Advance Right-of-Way Revolving880 11,607,443.16 39,405.43 ........................... 15,347,386.32 15,347,386.32

14,363,248.44 Gambling Revolving884 9,444,615.92 13,490,048.76 20,285.85 10,317,815.60 10,338,101.45

1,062,229.48 Plumbing Certificate885 794,795.85 913,727.42 402.91 943,297.91 943,700.82

40


July 1, 2017

Outstanding

Warrants

Ending

Cash Balance

Ending

Book Balance

Less

Disbursements

Plus

Receipts

Beginning

Book Balance



668,979.83 432.34 2,132,034.17 2,064,464.12 668,547.49 $736,117.54 892 Pressure Systems Safety $ $ $$ $ $

295,791,096.50 933,363,977.35 296,827,542.19 $ $ $ $ $ $ 943,175,803.59 TOTAL SPECIAL REVENUE FUNDS 1,036,445.69285,979,270.26

CAPITAL PROJECTS FUNDS

...........................Watershed Restoration Enhancement Bond366 $ $ $ $ $........................... ........................... ...................................................... ...........................$

377 Watershed Restoration Enhancement Taxable Bond ........................... ........................... ........................... ........................... ......................................................

0.00........................... ...................................................... ......................................................$ $ $ $ $ $ ...........................TOTAL CAPITAL PROJECTS FUNDS 0.00

PERMANENT FUNDS

18,809.71 American Indian Scholarship Endowment842 $ $ $ $ $ 296,333.72 17,225.00 ........................... 297,918.43 297,918.43 $

3,704.12 38.92 3,704.12 $3,665.20 852 Foster Care Scholarship Endowment ........................... ...........................

301,622.55 17,225.00 ........................... 301,622.55 $ $ $ $ $ $ 18,848.63 TOTAL PERMANENT FUNDS 299,998.92

ENTERPRISE FUNDS

397,738.06 Family and Medical Leave Enforcement22E $ $ $ $ $........................... ........................... ........................... 397,738.06 397,738.06 $

82,579,891.36 Family and Medical Leave Insurance22F ........................... 6,989,860.05 625,160.00 75,590,031.31 76,215,191.31

27,085,692.28 Municipal Revolving413 6,588,177.09 29,486,617.00 2,313.59 4,187,252.37 4,189,565.96

222,069.14 Legislative Gift Center442 57,376.16 208,221.28 192.00 71,224.02 71,416.02

(285.36)Self-Insured Emplyr Overpymt Reimb445 696,926.38 236,668.06 9,391.87 459,972.96 469,364.83

...........................Industrial Insurance Rainy Day Fund446 ........................... ........................... ...................................................... ...........................

45,635,431.81 Certificates of Participation and Other Financing - Local449 210,631.42 45,681,549.11 ........................... 164,514.12 164,514.12

...........................Separately Managed State Treasurer's Service456 ........................... ........................... ...................................................... ...........................

8.78 Washington College Savings Program463 ........................... 346,912.97 ...........................(346,904.19) (346,904.19)

366,077.82 Imaging470 215,679.69 470,203.83 ........................... 111,553.68 111,553.68

...........................Lottery Investment477 ........................... ........................... ...................................................... ...........................

22,346,664.02 Judicial Information Systems543 9,297,678.22 26,532,030.67 29,790.87 5,112,311.57 5,142,102.44

(3,211,561.87)Pollution Liability Insurance Program Trust544 46,287,701.50 13,613,193.09 35.70 29,462,946.54 29,462,982.24

1,029,910.63 Heating Oil Pollution Liability Trust545 181,928.37 451,713.92 365.30 760,125.08 760,490.38

94,446,145.50 2,184,092.51 295,099,736.84 385,208,107.29 92,262,052.99 $2,153,682.54 788 Advanced College Tuition Payment Program

208,232,818.51 419,116,706.82 211,084,160.35 $ $ $ $ $ $ 561,659,743.96 TOTAL ENTERPRISE FUNDS 2,851,341.8465,689,781.37

INTERNAL SERVICE FUNDS

...........................PEBB Medical Benefits Admin12V $ $ $ $ $........................... ........................... ...................................................... ...........................$

(439,913.80)Natural Resources Equipment411 2,894,326.32 (2,329,672.35) 58,048.10 4,784,084.87 4,842,132.97

16,011,023.88 Education Technology Revolving421 1,874,387.75 14,882,005.07 94,811.90 3,003,406.56 3,098,218.46

244,046,577.42 General Administration Services422 (1,738,390.19) 237,903,366.55 120,680.08 4,404,820.68 4,525,500.76

4,632,294.76 OFM Labor Relations Service436 1,250,094.45 3,989,378.32 552.52 1,893,010.89 1,893,563.41

6,287,000.00 Uniform Dental Plan Benefits Administration438 22,761.22 6,164,913.89 ........................... 144,847.33 144,847.33

60,431,567.20 Uniform Medical Plan Benefits Administration439 334,463.20 53,662,920.92 ........................... 7,103,109.48 7,103,109.48

889,876.61 Fish & Wildlife Equipment444 (329,928.52) (91,855.74) 5,770.50 651,803.83 657,574.33

41


July 1, 2017

Outstanding

Warrants

Ending

Cash Balance

Ending

Book Balance

Less

Disbursements

Plus

Receipts

Beginning

Book Balance


INTERNAL SERVICE FUNDS (Continued)

2,808,709.57 Minority and Women's Business Enterprises453 $ $ $ $ $ 552,027.35 2,601,060.29 572.48 759,676.63 760,249.11 $

155,634,550.36 Consolidated Technology Services Revolving458 (10,524,315.13) 138,881,470.50 104,734.90 6,228,764.73 6,333,499.63

111,920.00 Shared Information Technology System Revolving461 (254,544.63) (142,624.63) ...................................................... ...........................

3,225,496.87 Statewide Info Tech System Development Revolving466 511,830.24 3,026,964.03 ........................... 710,363.08 710,363.08

453,678.16 State Patrol Nonappropriated Airplane Revolving471 149,595.31 464,999.58 2,364.12 138,273.89 140,638.01

(1,934,286.65)Statewide Info Tech System Maintenance & Operations Revolving472 4,894,857.32 2,878,503.49 ........................... 82,067.18 82,067.18

15,769,246.09 Risk Management546 1,713,924.54 16,121,500.25 ........................... 1,361,670.38 1,361,670.38

75,422,393.16 Liability547 858,531.78 103,674,485.34 430,539.61 (27,393,560.40) (26,963,020.79)

2,083,761,370.21 Public Employees' and Retirees' Insurance721 162,127,806.19 2,093,252,707.65 2,065,042.72 152,636,468.75 154,701,511.47

4,586,154.86 Public Employees' and Retirees' Insurance Reserve730 146,901,869.05 ........................... ........................... 151,488,023.91 151,488,023.91

375,461.78 353,660,907.82 353,730,639.84 375,461.78 $305,729.76 739 Certificates of Participation and Other Financing - State ...........................

308,372,293.57 3,028,601,030.98 311,255,410.50 $ $ $ $ $ $ 3,025,428,298.54 TOTAL INTERNAL SERVICE FUNDS 2,883,116.93311,545,026.01

PRIVATE PURPOSE FUNDS

77,680,261.79 Unclaimed Personal Property196 $ $ $ $ $ 968,357.37 77,791,392.86 4,779,048.70 857,226.30 5,636,275.00 $

...........................Department of Social and Health Services Trust738 53,654.52 ........................... ........................... 53,654.52 53,654.52

799 WA Achieving a Better Life Experience Program ........................... ........................... ........................... ........................... ......................................................

910,880.82 77,791,392.86 5,689,929.52 $ $ $ $ $ $ 77,680,261.79 TOTAL PRIVATE PURPOSE FUNDS 4,779,048.701,022,011.89

PENSION TRUST FUNDS

...........................LEOFF Retirement System Benefits Improvement838 $ $ $ $ $........................... ........................... ...................................................... ...........................$

0.00........................... ...................................................... ......................................................$ $ $ $ $ $ ...........................TOTAL PENSION TRUST FUNDS 0.00

AGENCY FUNDS

33,062,666.30 Salary Reduction165 $ $ $ $ $ 1,845,223.88 32,466,080.31 ........................... 2,441,809.87 2,441,809.87 $

718,848.32 Real Estate/Property Tax Admin Assistance16C 68,952.50 721,398.32 ........................... 66,402.50 66,402.50

48,517,809.46 County Enhanced 911 Excise Tax17A 6,064,740.26 48,388,643.45 ........................... 6,193,906.27 6,193,906.27

4,436,817.00 Washington State Combined Fund Drive525 940,754.53 4,431,380.77 5,990.33 946,190.76 952,181.09

384,623,822.01 Natural Resources Deposit660 34,867,927.11 393,536,978.83 146,571.19 25,954,770.29 26,101,341.48

3,256,728.63 Centennial Document Preservation and Modernization734 3,417,863.06 3,417,863.06 ........................... 3,256,728.63 3,256,728.63

...........................High Occupancy Vehicle737 ........................... ........................... ...................................................... ...........................

21,686.62 Maritime Historic Restoration and Preservation757 18,631.97 18,598.63 ........................... 21,719.96 21,719.96

9,779,265.79 Local Tourism Promotion797 1,318,957.30 9,788,535.54 ........................... 1,309,687.55 1,309,687.55

802 School Employees Salary Reduction ........................... ........................... ........................... ........................... ......................................................

40,191,215.83 492,769,478.91 40,343,777.35 $ $ $ $ $ $ 484,417,644.13 TOTAL AGENCY FUNDS 152,561.5248,543,050.61

TOTAL TREASURER'S TRUST FUNDS $ $ $ $ $$757,753,919.82 5,450,567,759.75 5,305,316,074.76 11,710,035.36 914,715,640.17 $ 903,005,604.81

42

ACCOUNTING DISTRIBUTIONS TO LOCAL GOVERNMENTS BY FUND

STATE TREASURER'S REVENUE DISTRIBUTION PROGRAM

Amount to

Cities/Towns/Districts

Universities/Colleges

Fund

No.

Amount to

Counties

Amount Distributed Increase or Decrease

Amount Percent2018 2017

State-Collected Revenue

1.03 $Annexation Tax State Share 19,323,975.44 ........................... 19,323,975.44 197,648.27 19,126,327.17 034 $ $ $$Annexation Tax State Share

7.48 Autopsy Cost Reimbursements ........................... 1,569,903.65 1,569,903.65 109,189.92 1,460,713.73 02KAutopsy Cost Reimbursements

1.67 Beer Tax 26,104.66 17,997.25 44,101.91 726.42 43,375.49 001Beer Tax

(5.07)Brokered Natural Gas 6,888,588.88 ........................... 6,888,588.88 (367,628.07) 7,256,216.95 034Brokered Natural Gas

12.53 Business Licensing Service 15,256,279.70 ........................... 15,256,279.70 1,698,887.93 13,557,391.77 03NBusiness Licensing Service

6.56 Centennial Document Preservation ........................... 3,417,863.06 3,417,863.06 210,467.14 3,207,395.92 734Centennial Document Preservation

13.38 City Assistance Account 9,468,186.88 ........................... 9,468,186.88 1,117,437.70 8,350,749.18 09PCity Assistance Account

1.58 Columbia River Water Delivery 6,664,131.00 ........................... 6,664,131.00 103,384.00 6,560,747.00 15KColumbia River Water Delivery

12.24 Communications Tax ........................... 53,945,017.35 53,945,017.35 5,884,593.85 48,060,423.50 034Communications Tax

(0.01)County Adult Court Costs ........................... 331,000.00 331,000.00 (44.00) 331,044.00 03LCounty Adult Court Costs

14.95 County Arterial Preservation ........................... 18,517,071.48 18,517,071.48 2,407,622.37 16,109,449.11 186County Arterial Preservation

13.38 County Assistance Account ........................... 9,468,186.86 9,468,186.86 1,117,437.70 8,350,749.16 09PCounty Assistance Account

22.68 County Clerk Legal Financial Obligation Grants 129,532.00 411,468.00 541,000.00 100,000.00 441,000.00 001County Clerk Legal Financial Obligation Grants

1.64 County Enhanced 911 ........................... 72,723,560.50 72,723,560.50 1,171,086.97 71,552,473.53 17ACounty Enhanced 911

4.33 Criminal Justice Assistance ........................... 45,593,100.76 45,593,100.76 1,890,757.79 43,702,342.97 03LCriminal Justice Assistance

3.98 Criminal Justice Assistance 18,097,857.63 ........................... 18,097,857.63 693,127.77 17,404,729.86 03MCriminal Justice Assistance

(10.24)Deferred Property Taxes 7,821.90 1,176,226.04 1,184,047.94 (135,082.78) 1,319,130.72 001Deferred Property Taxes

9.61 DNR PILT NAP/NRCA ........................... 2,272,670.47 2,272,670.47 199,273.97 2,073,396.50 001DNR PILT NAP/NRCA

(85.66)Federal Forest Interest ........................... 457.73 457.73 (2,734.25) 3,191.98 878Federal Forest Interest

3.78 Fire Insurance Premium Tax 4,829,347.99 ........................... 4,829,347.99 175,900.54 4,653,447.45 001Fire Insurance Premium Tax

20.25 Forest Excise Tax ........................... 37,051,455.22 37,051,455.22 6,239,282.46 30,812,172.76 02WForest Excise Tax

15.95 Harbor Leases 67,370.26 ........................... 67,370.26 9,266.92 58,103.34 02RHarbor Leases

132.86 High Capacity Transp - MVET 329,059,799.16 ........................... 329,059,799.16 187,745,914.40 141,313,884.76 108High Capacity Transp - MVET

58.45 High Capacity Transportation Sales/Rentcar 1,250,838,365.82 ........................... 1,250,838,365.82 461,433,050.95 789,405,314.87 034High Capacity Transportation Sales/Rentcar

N/A Hospital Benefit Zone 2,000,000.00 ........................... 2,000,000.00 ........................... 2,000,000.00 034Hospital Benefit Zone

N/AHousing & Related Services 42,363.95 ........................... 42,363.95 42,363.95 ........................... 034Housing & Related Services

(1.24)Impaired Driving 703,500.00 1,055,000.00 1,758,500.00 (22,000.00) 1,780,500.00 281Impaired Driving

8.95 Juvenile Criminal Justice ........................... 56,562,090.56 56,562,090.56 4,645,216.45 51,916,874.11 034Juvenile Criminal Justice

N/A Liquor Control Board Receipts 39,519,538.80 9,918,461.20 49,438,000.00 ........................... 49,438,000.00 501Liquor Control Board Receipts

43


Amount to



Fund

No.

Amount to

Counties




5.93 $Liquor Excise Tax 23,134,151.62 5,310,287.83 28,444,439.45 1,591,065.37 26,853,374.08 107 $ $ $$Liquor Excise Tax

7.68 Local Criminal Justice (Sales Tax) 103,576,027.98 64,615,518.20 168,191,546.18 11,994,079.47 156,197,466.71 034Local Criminal Justice (Sales Tax)

N/A Local Gov. Financial Assist. - Health Dist. 36,386,000.00 ........................... 36,386,000.00 ........................... 36,386,000.00 001Local Gov. Financial Assist. - Health Dist.

11.88 Local Infrastructure Financing Tool Program 5,500,000.00 1,000,000.00 6,500,000.00 690,318.00 5,809,682.00 034Local Infrastructure Financing Tool Program

3.10 Local Leasehold Tax/Interest 16,149,426.26 13,342,017.54 29,491,443.80 887,875.97 28,603,567.83 01TLocal Leasehold Tax/Interest

8.62 Local Mental Health 5,828,620.92 ........................... 5,828,620.92 462,375.40 5,366,245.52 034Local Mental Health

9.27 Local Public Safety Tax 4,027,760.88 710,712.04 4,738,472.92 401,940.70 4,336,532.22 034Local Public Safety Tax

22.83 Local Real Estate Excise Tax 9,053,954.03 1,636,918.20 10,690,872.23 1,987,096.44 8,703,775.79 768Local Real Estate Excise Tax

N/A Local Revitalization Financing 3,880,000.00 ........................... 3,880,000.00 ........................... 3,880,000.00 034Local Revitalization Financing

7.77 Local Sales & Use Tax/Interest 1,215,598,027.48 485,223,086.00 1,700,821,113.48 122,586,597.33 1,578,234,516.15 034Local Sales & Use Tax/Interest

7.12 Lodging Excise Tax 66,986,797.11 20,201,467.84 87,188,264.95 5,792,142.27 81,396,122.68 01PLodging Excise Tax

N/AMarijuana Enforcement ........................... ........................... ........................... (6,000,000.00) 6,000,000.00 001Marijuana Enforcement

N/AMarijuana Excise Tax 7,598,953.44 7,401,046.56 15,000,000.00 15,000,000.00 ........................... 001Marijuana Excise Tax

3.50 Maritime Historic Preservation 18,512.63 ........................... 18,512.63 625.66 17,886.97 757Maritime Historic Preservation

7.75 Mental Health ........................... 130,498,754.31 130,498,754.31 9,386,812.04 121,111,942.27 034Mental Health

2.43 Mineral Leasing ........................... 1,571.65 1,571.65 37.26 1,534.39 01PMineral Leasing

7.56 Miscellaneous Public Facility District State Share 1,113,757.86 ........................... 1,113,757.86 78,251.68 1,035,506.18 034Miscellaneous Public Facility District State Share

N/AMotor Vehicle Account - Co Arterial Preservation ........................... ........................... ........................... (5,000,000.00) 5,000,000.00 108Motor Vehicle Account - Co Arterial Preservation

2.78 Motor Vehicle Fuel Tax/Ferry/Refunds 98,144,861.51 159,208,815.56 257,353,677.07 6,954,085.07 250,399,592.00 108Motor Vehicle Fuel Tax/Ferry/Refunds

114.28 Motor Vehicle Transportation Revenue 5,859,500.00 5,859,500.00 11,719,000.00 6,250,000.00 5,469,000.00 108Motor Vehicle Transportation Revenue

114.29 Multimodal Transportation Revenue 6,696,500.00 6,696,500.00 13,393,000.00 7,143,000.00 6,250,000.00 218Multimodal Transportation Revenue

54.18 Natural Resources Trust/Interest ........................... 73,875,781.67 73,875,781.67 25,961,513.04 47,914,268.63 660Natural Resources Trust/Interest

10.83 PFD/Health Science Service Authority-State Share 2,162,426.74 ........................... 2,162,426.74 211,363.23 1,951,063.51 034PFD/Health Science Service Authority-State Share

2.00 Prosecuting Attorneys' Salaries /Sup Court Judge ........................... 3,288,366.90 3,288,366.90 64,470.90 3,223,896.00 001Prosecuting Attorneys' Salaries /Sup Court Judge

(15.74)Public Facilities District - King County ........................... 51,599.56 51,599.56 (9,635.61) 61,235.17 034Public Facilities District - King County

9.34 Public Facilities District Anchor Jurisdiction 2,303,502.35 ........................... 2,303,502.35 196,843.54 2,106,658.81 034Public Facilities District Anchor Jurisdiction

8.50 Public Facilities District Local Share 13,602,864.31 723,194.42 14,326,058.73 1,121,882.66 13,204,176.07 034Public Facilities District Local Share

8.63 Public Facilities District State Share 21,112,690.80 6,853,146.98 27,965,837.78 2,222,176.93 25,743,660.85 034Public Facilities District State Share

12.95 Public Safety Tax 25,352,166.71 38,028,250.05 63,380,416.76 7,267,699.75 56,112,717.01 034Public Safety Tax

10.01 Public Transportation Tax 1,270,369,725.98 2,635,292.53 1,273,005,018.51 115,806,622.49 1,157,198,396.02 034Public Transportation Tax

44


Amount to



Fund

No.

Amount to

Counties




N/A$Public Utility District Privilege Tax2 ........................... ........................... ........................... (29,588,250.51) 29,588,250.51 001 $ $ $$Public Utility District Privilege Tax

1.02 Real Estate and Property Tax Administration Assist ........................... 721,398.32 721,398.32 7,298.87 714,099.45 16CReal Estate and Property Tax Administration Assist

7.86 Rural County Sales & Use Tax ........................... 35,380,688.57 35,380,688.57 2,577,859.43 32,802,829.14 034Rural County Sales & Use Tax

9.07 School Apportionment and Grants 11,486,686.82 11,038,285,670.12 11,049,772,356.94 919,231,158.79 10,130,541,198.15 001School Apportionment and Grants

(41.29)Streamlined Mitigation Sales and Use Tax 12,251,812.77 805,537.57 13,057,350.34 (9,184,674.58) 22,242,024.92 14LStreamlined Mitigation Sales and Use Tax

8.17 TBD Vehicle Fees 58,605,130.80 ........................... 58,605,130.80 4,427,171.74 54,177,959.06 108TBD Vehicle Fees

3.92 Tourism Promotion Areas/Interest 6,944,761.26 7,594,003.43 14,538,764.69 548,962.71 13,989,801.98 797Tourism Promotion Areas/Interest

3.66 Vessel Registration Fees ........................... 1,581,016.48 1,581,016.48 55,782.64 1,525,233.84 001Vessel Registration Fees

6.44 WSCC PFD Tax 105,237,410.15 ........................... 105,237,410.15 6,364,310.90 98,873,099.25 01PWSCC PFD Tax

8.69 Zoo and Parks ........................... 17,510,029.31 17,510,029.31 1,399,603.41 16,110,425.90 034Zoo and Parks

4,841,904,794.48 12,443,071,701.77 17,284,976,496.25 15,379,422,884.89 1,905,553,611.36 Total State-Collected Revenue $ 12.39 $ $ $ $

Federal-Shared Revenue

596.11 Federal Forest Receipts/CMIA Interest1 ........................... 16,133,258.83 16,133,258.83 13,815,642.92 2,317,615.91 878Federal Forest Receipts/CMIA Interest

64.16 Flood Control Receipts ........................... 37,712.81 37,712.81 14,739.75 22,973.06 001Flood Control Receipts

(6.58)Taylor Grazing Receipts ........................... 26,312.41 26,312.41 (1,852.83) 28,165.24 001Taylor Grazing Receipts

........................... 16,197,284.05 16,197,284.05 2,368,754.21 13,828,529.84 Total Federal-Shared Revenue $ 583.79 $ $ $ $

4,841,904,794.48

1The SRS Act was reauthorized

2Distribution date was changed in last legislative session (changed to first business day in July), so there were no distribuitons in FY18.

Grand Total Distributions 12,459,268,985.82 17,301,173,780.30 15,381,791,639.10 1,919,382,141.20 12.48$ $ $ $ $

DUANE A. DAVIDSON STATE TREASURER

PO BOX 40200 OLYMPIA WA 98504-0200

2018 annual report - washington state treasurer · 2018 annual report july 1, 2017 through june 30,...

Documents