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About Olympia's Cooper Point

Does Washington State have a "cross your fingers and hope for the best" budget?

Dinah Lee  Griffey: Real Estate Agent in Allyn, WA

By most accounts the remarks made by Kathy Haigh last year recommending "crossing our fingers and hoping for the best" concerning Washington State's budget, have come to pass and the results are not good.

At this time the revenue forecasts are only 2.1 billion for the next two years not the hoped for 3.5 Billion. Those numbers are far apart and seem to be growing farther.

Dan Griffey shared-

"We need real leadership in Olympia. A sustainable budget was not passed this year. It was a wait and see...cross you fingers and hope for the best budget, that now is projected to be over 1.4 Billion short! We must honestly address the budget concerns and not rely on gimmicks to make it look better than it really is."


Rob McKenna had this to say-

"This announcement underscores the need for state government to begin living under sustainable budgets. It is simply wrong to overspend in good times, adding billions in future spending without means to pay for it, and then cutting in bad times and not living up to promises our citizens have planned on."

Did we have warning that this could be the case? Yes. Was there something we could have done about it? Yes. Is it too late to address it? No.

Some of the options that should have been used, included:

No use of one-time money for ongoing programs

No transfers from other budgets

Strong reserve to meet unforeseen emergencies or revenue drops

Protect constitutional mandates

Transparency — no gimmicks

Utilize priorities of government

Reflect priorities of governing board

Minimize legal disputes

Seek efficiencies and reforms where cost effective

No new taxes

Restrict fee increases to benefit of payer

Provide flexibility in administration/ compliance

While we do have options for addressing the current shortfall, we would have been far better off if it had been addressed sooner rather than later, after all time is money.

The other issue we are facing is that the ones who voted in the unsustainable budget are the very ones who are now going to address it. Do we trust them to make the tough choices or are they just going to sell (tax) us another bill of goods?

Your Money Goes Further

04-30-10
Bernie Moats
Bernie Moats: Real Estate Agent in Olympia, WA

No more waiting. I am seeing new listings that are bank owned properties. Many of these homes are priced incredibly low. I am even seeing homes that were considered "Luxury" homes at the lowest prices I have ever seen. Call me if you are ready to purchase. I recently viewed a home on 5 acres with 5000 square feet and a water / territorial view, loaded with upgrades. This home would have been worth 900,000 2 years ago and is now 470,000. Now is your chance for more home with less money! Bernie Moats 360-701-3131

Are You A First Time Home Buyer?

09-05-09
Bernie Moats
Bernie Moats: Real Estate Agent in Olympia, WA

Now is the time to be viewing homes so you will be able to make an offer and have the property close in time for the $8000 dollar tax credit. November 31st is the date you need to be occupying the home. Plenty of good values still available and historically LOW INTEREST RATES. Do not regret missing this opportunity contact a REALTOR and reputable lender today!