What is the Capital Budget?
The capital budget primarily uses borrowed money generated by state bond sales to fund items that benefit future users.
For example, the benefits of a new wildlife area, or state hatchery facility will last 30 years or more. Financing
these types of purchases with bonds paid off over 30 years spreads the cost over the life of the acquisition or facility.
The operating budget focuses on recurring items that must be paid on a
periodic basis, such as staff salaries, and purchases where it does not make sense to spread the costs over a longer period
Most of the funding comes from state bonds issued by the Washington State Treasurer
The capital budget is a separate bill from the operating budget (LEAP budget site)
The Department’s Capital Budget Request includes a ten-year plan of proposed capital spending