The Washington Joint Status Report (WAS) is an official document prepared by the Washington State Office of Financial Management (OF). It provides a comprehensive overview of the state's finances, including budget information, revenue projections, cash flows, and economic outlooks. The WAS is issued twice a year, in January and July, and is used by the state legislature and governor to make decisions about the budget and allocate resources. There are three types of WAS: the mid-biennium review (MBR), the end-of-session review (ESR), and the end-of-biennium review (EBR). The MBR provides an update on the state's finances halfway through the biennium, while the ESR and EBR provide updates at the end of the legislative session and biennium, respectively.
The Washington Joint Status Report (WAS) is an official document prepared by the Washington State Office of Financial Management (OF). It provides a comprehensive overview of the state's finances, including budget information, revenue projections, cash flows, and economic outlooks. The WAS is issued twice a year, in January and July, and is used by the state legislature and governor to make decisions about the budget and allocate resources. There are three types of WAS: the mid-biennium review (MBR), the end-of-session review (ESR), and the end-of-biennium review (EBR). The MBR provides an update on the state's finances halfway through the biennium, while the ESR and EBR provide updates at the end of the legislative session and biennium, respectively.
