State Treasurer Mike Pellicciotti reiterated the need to maintain state reserves and keep debt costs low following today’s meeting of the Washington State Economic and Revenue Forecast Council (ERFC).

Several municipalities serving communities across Washington have partnered with the Office of the State Treasurer (OST) to finance purchases for essential building upgrades and vehicles.

The Office of the State Treasurer received strong demand from bidders in Wednesday’s competitive sale of $603.0 million of Various Purpose General Obligation Bonds and $90.2 million of Motor Vehicle Fuel Tax and Vehicle Related Fees General Obligation Bonds thanks largely to Washington’s strong credit ratings.

Request legislation from the Office of the State Treasurer to create the Washington Future Fund (WFF) has been pre-filed for consideration during the 2023 legislative session.

Visiting for official meetings today in Lincoln County, Washington State Treasurer Mike Pellicciotti completed a statewide, thirty-nine county tour that began in April of this year.

The Office of the State Treasurer (OST) sold a series of Certificates of Participation (COPs) this week that will provide funds to local districts across Washington, financing new equipment, emergency vehicles and land acquisitions.

The Office of the State Treasurer achieved strong investor interest and low interest rates in the sale of more than $707.5 million of Various Purpose General Obligation Bonds, and $140 million of General Obligation Bonds (Taxable) on Tuesday thanks in part to Washington’s newly affirmed strong credit ratings.

State Treasurer Mike Pellicciotti received confirmation this week that Washington will maintain its impressive bond ratings ahead of next week’s scheduled sale of approximately $707 million of Various Purpose General Obligation Bonds, and $140 million of General Obligation Bonds (Taxable).

State Treasurer Mike Pellicciotti and Prosperity Now Chief Executive Officer Gary Cunningham today announced a new partnership to review socioeconomic disparities in Washington state and the impact of wealth inequities on the lives of Washingtonians.

Washington State Treasurer Mike Pellicciotti released the following statement calling for the resignation of Insurance Commissioner Mike Kreidler:

“It is critical that all elected officials — especially those of us in statewide offices — serve the public in a respectful way that honors the authority provided to us by the public.”