Justice in Jeopardy ImplementationApril 3, 2008Justice In Jeopardy Implementation Committee Members present: Guests present: Staff present: Call to Order: Approval of Minutes: Welcome & Introductions: State Revenue Forecast: Dr. Sohn provided an in-depth analysis of the February 2008 Revenue Forecast and explained the process used to develop the forecast and how the Legislature uses that information. Dr. Sohn also provided his insights regarding the economic future for Washington State. Dr. Sohn provided detail on the information that was provided in the February 2008 Revenue Forecast, which projected that revenues will be $433 million less than was announced in September. A major difference is the housing and real estate market. In September, the number of housing transactions declined, but not the values. The decline in the number of transactions is not unusual; however, the February data also shows a continuing decline in terms of value. In the past, real estate excise tax was a minor revenue item, but it became a major revenue source in the past four years and the main reason for the strong revenue increases. Of the $433 million projected revenues reduction, more than 50 percent of that is real estate revenues declining. Dr. Sohn said he anticipates unemployment to rise to 5.3 percent this year and 5.6 percent in 2009. He said he expects to see the bottoming in the housing market in the third quarter, where it should continue through the next year. Job market growth is expected to be 1.2 percent in 2008 and 1.4 percent in 2009. 2010-11 will be higher at 1.9 percent, though still not very strong. In the next biennium, the Council is expecting about 8.3 percent biennium-to-biennium growth in state revenues, which, after double-digit increases in previous biennia, is below average, Dr. Sohn said. He cautioned that much depends on how closely they correctly assume the economic factors that affect the revenues, such as the housing market. Judicial Branch Budget Process: May 1: Preliminary Budget Submission Due AOC May 9: Supreme Court Budget Committee Review June 5: Supreme Court En Banc Review July 21: Detailed Decision Packages Due AOC Sept. 4: Supreme Court Budget Committee Final Review Oct. 3: Supreme Court En Banc Final Approval & Submission to Legislature Environmental Scan: Ms. Moore advised that the committee will have to get creative to stand above the fray of groups who will be seeking appropriations next year. The committee will need to get out there earlier, talking to legislators about the objectives of the JIJ effort. Chief Justice Alexander remarked that this underscores the importance of being unified. Communication Strategy Development: There was a consensus that the committee needs to be more specific on the communications strategy. It was noted that, after hearing Dr. Sohn’s glowing report on the next biennium revenues, the committee should also hear about projected state expenditures. Judge Fleck indicated that she would like to see a one-page document prepared that would describe the local and state funding secured to date under Justice In Jeopardy. Next Meeting Date: There being no further business, the meeting adjourned at 3:23 p.m. Respectfully submitted, |
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