RCW 43.88.050
Cash deficit.
Cash deficit of the current fiscal period is defined for purposes of this chapter as the amount by which the aggregate of disbursements charged to a fund will exceed the aggregate of estimated receipts credited to such fund in the current fiscal period, less the extent to which such deficit may have been provided for from available beginning cash surplus.
If, for any applicable fund or account, the estimated receipts for the next ensuing period plus cash beginning balances is less than the aggregate of estimated disbursements proposed by the governor for the next ensuing fiscal period, the governor shall include in Part I of the budget document proposals as to the manner in which the anticipated cash deficit shall be met, whether by an increase in the indebtedness of the state, by the imposition of new taxes, by increases in tax rates or an extension thereof, or in any like manner. The governor may propose orderly liquidation of the anticipated cash deficit over a period of one or more fiscal periods, if, in the governor's discretion, such manner of liquidation would best serve the public interest.
[ 1987 c 502 § 4; 1965 c 8 § 43.88.050. Prior: 1959 c 328 § 5.]
NOTES:
Exception: RCW 43.88.265.
Structure Revised Code of Washington
Title 43 - State Government—Executive
Chapter 43.88 - State Budgeting, Accounting, and Reporting System.
43.88.025 - "Director" defined.
43.88.027 - Annual financial report.
43.88.031 - Capital appropriation bill—Estimated general fund debt service costs.
43.88.032 - Maintenance costs, operating budget—Debt-financed pass-through money, budget document.
43.88.033 - State expenditure limit—Budget document to reflect.
43.88.055 - Legislative balanced budget requirement.
43.88.058 - Maintenance level costs—Services for children.
43.88.060 - Legislative review of budget document and budget bill or bills—Time for submission.
43.88.080 - Adoption of budget.
43.88.096 - Budget detail—Designated state agencies—Federal receipts reporting requirements.
43.88.100 - Executive hearings.
43.88.120 - Revenue estimates.
43.88.122 - Transportation agency revenue forecasts—Variances.
43.88.125 - Study of transportation-related funds or accounts—Coordination of activities.
43.88.130 - When contracts and expenditures prohibited.
43.88.140 - Lapsing of appropriations.
43.88.145 - Capital projects—Transfer of excess appropriation authority.
43.88.160 - Fiscal management—Powers and duties of officers and agencies.
43.88.170 - Refunds of erroneous or excessive payments.
43.88.175 - Credit reporting agencies—State agency use.
43.88.180 - When appropriations required or not required.
43.88.205 - Federal funds and programs—Participating agencies to give notice—Progress reports.
43.88.210 - Transfer of certain powers and duties.
43.88.220 - Federal law controls in case of conflict—Rules.
43.88.230 - Legislative agencies and committees deemed part of legislative branch.
43.88.240 - Exemption of Washington state commodity commissions.
43.88.250 - Emergency expenditures.
43.88.260 - Deficiencies prohibited—Exceptions.
43.88.265 - Construction accounts—Exception to certain accounting requirements.
43.88.270 - Penalty for violations.
43.88.550 - Forest firefighting expenses—Transfers to Clarke-McNary fund.
43.88.560 - Information technology projects—Funding policies and standards.
43.88.583 - Public inspection of state collective bargaining agreements—Website—Contents.
43.88.585 - Fee inventory—State expenditure information website—Work group.