State ended up $90 million in the red
Washington state is finishing its latest budget cycle with a deficit for the first time in modern record keeping.
State accountants are in the process of checking the numbers, and they now expect that the two-year budget that ended in July will officially close about $90 million in the red. Records released to The Associated Press under state public records laws show it is something that hasn鈥檛 happened in any biennium dating back at least a quarter of a century, when accounting processes changed.
It鈥檚 not entirely clear whether the state is allowed to have such deficits.