Trending...
- Resident Inspect Expands Virtual Property Inspections With AppFolio and Rentvine Integrations
- Tacoma: OMWBE Active Certification Class on November 16
- New Atlas Maps the 38 States Behind Every Conversation
~ Spokane Mayor Lisa Brown announced on Wednesday that the city is taking further steps to eliminate its structural budget deficit. The measures, proposed by Mayor Brown and agreed upon by the Managerial and Professional (M&P) Association leadership, include a voluntary retirement incentive for eligible city employees and a six-month freeze on cost-of-living adjustments for Cabinet members.
Under the proposed retirement incentive, employees who meet specific criteria will receive a lump sum contribution into an HRA/VEBA account. The amount of the contribution will vary based on an employee's years of service with the city, with a maximum of $20,000 for those with 20 or more years of service. This incentive can be used to continue medical and dental coverage under COBRA, pay for private coverage premiums, or cover other allowable expenses under the HRA/VEBA plan.
To take advantage of this opportunity, employees must apply by 5 p.m. on October 11, 2024 and separate from the city no later than December 3, 2024. The proposal will need to be approved by the City Council before it can be implemented.
More on Washingtoner
In addition to the retirement incentive, Mayor Brown has also implemented a six-month freeze on cost-of-living adjustments for Cabinet members in order to further reduce costs. These measures are part of a larger effort by the Brown Administration to address the city's budget deficit.
Other cost-saving measures that have already been put in place include a voluntary retirement incentive for eligible Spokane Police officers, renegotiated IT contracts, elimination of the Reprographics Department, elimination of vacant positions deemed unnecessary, mandatory furlough days for Cabinet members, and updated revenue forecasts based on actuals from 2024.
Thanks to these efforts, Mayor Brown has already reduced the structural deficit from $25 million to $14 million as of September 1. She expressed her commitment to responsible financial management and her determination to bring the city's budget back into balance.
"When I took office, I made a promise to our residents to manage the City of Spokane's finances responsibly," Mayor Brown stated. "Today's updated projection is a testament to that promise. Through careful planning and tough decisions, we have made significant progress in reducing our budget deficit and we will continue our work to fully get back on track."
Under the proposed retirement incentive, employees who meet specific criteria will receive a lump sum contribution into an HRA/VEBA account. The amount of the contribution will vary based on an employee's years of service with the city, with a maximum of $20,000 for those with 20 or more years of service. This incentive can be used to continue medical and dental coverage under COBRA, pay for private coverage premiums, or cover other allowable expenses under the HRA/VEBA plan.
To take advantage of this opportunity, employees must apply by 5 p.m. on October 11, 2024 and separate from the city no later than December 3, 2024. The proposal will need to be approved by the City Council before it can be implemented.
More on Washingtoner
- KOLBUS America, For All Of Your Hycorr Equipment And Service Needs
- Evluma's RoadMax Edge Roadway Luminaires Earn DarkSky Approved Status
- Heritage at Hopewell Announces New 3.875% Year-One Mortgage Rate Buydown Incentive on Quick Delivery Townhomes (7.11% APR)
- New TROP2 Research Breakthrough Strengthens REQORSA® Gene Therapy Story as Roche Collaboration Advances Precision Lung Cancer Treatment: Genprex, Inc
- Tacoma: Public Hearing for Off-Street Parking Code Update Set for December 1
In addition to the retirement incentive, Mayor Brown has also implemented a six-month freeze on cost-of-living adjustments for Cabinet members in order to further reduce costs. These measures are part of a larger effort by the Brown Administration to address the city's budget deficit.
Other cost-saving measures that have already been put in place include a voluntary retirement incentive for eligible Spokane Police officers, renegotiated IT contracts, elimination of the Reprographics Department, elimination of vacant positions deemed unnecessary, mandatory furlough days for Cabinet members, and updated revenue forecasts based on actuals from 2024.
Thanks to these efforts, Mayor Brown has already reduced the structural deficit from $25 million to $14 million as of September 1. She expressed her commitment to responsible financial management and her determination to bring the city's budget back into balance.
"When I took office, I made a promise to our residents to manage the City of Spokane's finances responsibly," Mayor Brown stated. "Today's updated projection is a testament to that promise. Through careful planning and tough decisions, we have made significant progress in reducing our budget deficit and we will continue our work to fully get back on track."
0 Comments
Latest on Washingtoner
- FDA Approval; Major Milestone for Preservative-Free Ketamine Ahead of FDA Goal Date for Treatment of Suicidal Depression by NRx Pharmaceuticals, Inc
- Building a Technology Powerhouse-From AI Drones and Global Acquisitions to Defense, Enterprise Software and the Future of Autonomous Operations $ZENA
- Shelter Structures America backs MATRA Second Life Project to turn retired tent vinyl into homes for displaced families
- P-Wave Press Announces Becoming Dad: Reflections for New Fathers by L. A. Davenport
- Logicraft Launches FuelDeck™, AI That Turns Aviation Fuel Tickets Into One Traceable Ledger
- Inaugural OC Tech Week Draws 3,000 From 12 Countries, Sends Finalist to $1M Startup World Cup
- Award-Winning American Hotelier Opens Art-Filled Luxury Cottage in Norfolk, England
- K2 Global / Ozi Amanat Named Among Top 100 AI Venture Capitalists in 2026
- Community Days at Spokane City Council Celebrating Veteran's Day
- Dr. Latorial Faison Appointed Poet Laureate of Virginia
- Sparta Services Named to CRN's 2026 AI Innovators List
- AdLeverage Brings Golf Simulator Contest and Home Services Marketing Expertise to Service World Expo 2026
- Cleveland Factory Worker Seeks Funding for AI-Readable Archive Exploring Advanced AI Restraint and Human Survival
- TradeJARnal Launches Innovative Trading Journal to Help Stock and Options Traders Build Discipline and Smarter Trading Habits
- Pursant Founder Mark Herbick Joins STS Capital Partners as CEO
- HiLine Homes' "Building Homes & Filling Plates" Food Drive Returns to Support Local Families
- Tampa Holiday Sessions: Captured by Mallary Opens 2026 Christmas Minis With Two New Sets
- Tampa Web Design Launches New Website for Entrepreneur and Capital Markets Advisor Martin Sumichrast
- Miami Dade College and World Affairs Council of Miami announce Navarro-Cabrera scholarship
- RPP to host first Professional Padel Week in Miami and announce the 2026 USA Awards winners