During a recent government meeting, Thurston County officials provided a comprehensive overview of the county's budget for the upcoming year, focusing on revenue and expenditures. The session marked a significant moment for new commissioners, Fournier and Klaus, as they navigated the intricacies of the budget process for the first time.

The county operates with over 90 separate funds and 20 distinct offices and departments, adhering to a biennial budget framework that allows for midterm adjustments as mandated by state law. This structure aims to provide flexibility and ensure that financial resources are allocated effectively across various projects and services.

Key economic indicators were also discussed, revealing that unemployment in Thurston County stood at 4.6% as of August. Population growth for 2024 is projected at a modest 0.12%. The real estate market remains competitive, with homes in the Olympia area selling quickly—within an average of 16 days—but at approximately 5.2% below their listing prices.

Property tax revenues continue to rise, albeit limited to a 1% increase, while the preliminary value for new construction is estimated at $922 million, reflecting a 1.5% growth compared to 2023. Overall, the county's total preliminary assessed value has increased by about 1.6%, and sales tax growth is also reported at 1.6%.

As the budget process unfolds, county officials are poised to make necessary adjustments to address the evolving economic landscape and community needs.