The following section has information related to Debt Management operations within the Office of the State Treasurer. Documents have been provided for informational purposes only and are not provided for the purposes of and are not suitable for the making of an investment decision in the bonds or debt of the State. Investors are encouraged to obtain the filings of the State on EMMA.
Due to the prominence of and widespread reliance by the investor community on the Municipal Securities Rulemaking Board’s (MSRB) Electronic Municipal Market Access website (EMMA), the State has moved to the exclusive use of EMMA’s issuer page platform for all financial disclosures. Investors can access official statements for the State’s bonds and certificates of participation directly on the EMMA website.
There are currently three primary State of Washington Issuer Pages on EMMA, which can be accessed through the following links:
STATE OF WASHINGTON GENERAL OBLIGATION BONDS — Note: Includes Motor Vehicle Fuel Tax and Motor Vehicle Fuel Tax/Vehicle Related Fees bonds
EMMA provides access to information about individual bonds, commercial paper notes, bank loans, and other securities issued by various municipal entities across the nation. Please note that any information or documents posted by Washington on EMMA are dated as of their respective dates and speak only as of such dates. In addition, no information on the State’s own site is intended to be the basis of or should be relied upon in making an investment decision.
State Financial Statements, Forecasts & Reports
Latest Audited Financial Statements
- Annual Comprehensive Financial Statements (Office of Financial Management)
- Annual Comprehensive Financial Report (Washington State Department of Retirement Systems)
- SR 520 Toll Facilities Audited Financial Statements (WSDOT)
Economic Revenue Forecast Council
Transportation Revenue Forecast Council
OPEB (Other Post-Employment Benefits)
Additional Economic, Financial and Budget Information
Office of the State Treasurer
- Monthly Report (Budget Stabilization Account; Fund 14B in “Receipts and Disbursements for Treasury Funds”)
- Annual Report
Washington Department of Transportation (WSDOT)
Legislative Evaluation & Accountability Program Committee (LEAP)
- Summary of proposed and enacted budgets, fiscal publications, budget oversight reporting and fiscal analysis
- Fiscal Information (Interactive Fiscal Reports, Project Maps, Budget Bills & Documents)
Washington Caseload Forecast Council
Office of Financial Management
- Fiscal impact of ballot measures and proposed legislation
- Washington Data & Research (Topics include the economy, labor force, criminal justice, health care, and education)
Department of Revenue
- Statistics & reports (studies and custom reports)
Employment Security Department
General Obligation Bonds
Includes Various Purpose GO Bonds, Motor Vehicle Fuel Tax and Vehicle Related Fees GO Bonds, and Triple Pledge Bonds
- Moody’s: Aaa (Outlook Stable) – January 9, 2023 (PDF)
- S&P: AA+ (Outlook Stable) – January 10, 2023 (PDF)
- Fitch: AA+ (Outlook Stable) – January 10, 2023 (PDF)
Federal Highway Grant Anticipation Revenue Bonds (GARVEEs)
Certificates of Participation (COPs)
- Moody’s: Aa1 (Outlook Stable) – May 27, 2022 (PDF)
Investor & Rating Agency Presentations
This website, and the documents provided herein, is not an offer to sell or a solicitation of an offer to buy the bonds or certificates of participation. Bonds or certificates of participation may only be purchased through a municipal securities broker-dealer. Any offer with respect to the State of Washington’s bonds or certificates of participation will be made solely by means of an Official Statement.
Documents listed in this section are dated and speak only as of that date and has not been updated since that date. Because of the passage of time or the occurrence of subsequent events the documents may not contain all information material to investors.
Professional Service Providers
KNN Public Finance, LLC
2054 University Avenue, Suite 300
Berkeley, CA 94704
Montague DeRose and Associates
3100 Oak Road, Suite 210
Walnut Creek, CA 94597
PFM Financial Advisors LLC
Holyoke 107 Spring Street
Seattle, WA 98104
Piper Sandler & Co.,
1420 Fifth Avenue, Suite 4300
Seattle, WA 98101
Legal Counsel Pool
Foster Garvey PC
Norton Rose Fulbright US LLP
Stradling Yocca Carlson & Rauth, P.C.
Citigroup Global Markets
Loop Capital Markets
RBC Capital Markets
Siebert Cisneros Shank & Co.
UBS Financial Services
Wells Fargo Securities
State Fiscal Agent
U.S. Bank Trust Company, National Association
Global Corporate Trust Services – for Bondholder Relations
Payments, transfers, lost securities and redemptions
U.S. Bank Global Corporate Trust
Attn: Bondholder Services – EP-MN-WS2N
111 Fillmore Avenue East
St Paul, MN 55107-1402
800.934.6802 Option 7 (State of Washington Fiscal Agency)
Hours of Business: Monday through Friday, 6:00 Am – 5 PM Pacific Time
Bonds and Coupons can also be redeemed at any U.S. Bank branch
(except in-store branches) in the State of Washington.
U.S. Bank Trust Company, National Association
Global Corporate Trust Services – For Obligor Relations
Debt service, statements, and other inquiries
1420 Fifth Avenue, 7th Floor
Seattle, WA 98101
Direct Dial: 206.344.4678
Fiscal Agent Statewide Contract, dated February 1, 2015
Extension to Fiscal Agent Statewide Contract, dated November 13, 2018
Consent to Assignment of Amended and Restated Agreement for Fiscal Agency Services, dated February 24, 2022
Letter extending contract term until June 30, 2023, dated October 11, 2022
Fiscal Agent Statewide Contract (to become effective July 1, 2023), dated December 21, 2022
Prior Fiscal Agent
Frequently Asked Questions
Deputy Treasurer, Jason Richter 360.902.9007
Compliance & Disclosure
A note of caution
The documents in our website are limited in scope. The documents do not constitute an offer to sell or a solicitation of an offer to buy the State’s bonds and certificates of participation.
Each document listed in this section is dated and speaks only as of that date. The State does not undertake to update, and expressly disclaims any duty to update, any document.
If and when included in these documents, the words “plan,” “expect,” “forecast,” “estimate,” “budget,” “project,” “intends,” “anticipates” and similar words are intended to identify forward-looking statements, and any such statements inherently are subject to a variety of risks and uncertainties that could cause actual results to differ materially from those projected. Such risks and uncertainties include, among others, general economic and business conditions, changes in political, social and economic conditions, regulatory initiatives and compliance with governmental regulations, litigation and various other events, conditions and circumstances, many of which are beyond the control of the state. Any forward-looking statements speak only as of the date they were prepared.
By clicking on the links above, you acknowledge that the documents are limited in scope; are not an offer to sell; are each dated as of a certain date and speaks only as of that date; and have not been updated since that date; and that as a result, the documents may not contain all information material to investors and may contain material misstatements or omissions because of the passage of time or the occurrence of subsequent events.