Trending...
- BumblebeeSmart Introduces Rounded Busy Board Set for Preschoolers
- Cut Costs & Boost Profits with the First Major Upgrade in 30 YEARS Replacing Rotary Lasers and Historic Clear Tube Altimeter Bubbles
- She's Been Ready for Weeks, He Starts in the Final 72 Hours – The Great Christmas Shopping Divide
~ Spokane Mayor Lisa Brown has presented her first budget proposal, which aims to address the city's structural deficit and put it on a path towards fiscal sustainability. The budget also tackles important issues such as public safety, homelessness, and the opioid crisis, while identifying cost-saving measures to meet community needs.
Over the past few years, Spokane's financial health has been in decline. The use of one-time funds for long-term investments, depletion of unallocated reserves by $12.3 million, and diversion of funding for capital projects have all contributed to a projected 2025 General Fund deficit of $25 million and a biennium deficit of $50 million. However, Mayor Brown and her team have worked diligently over the past 11 months to identify efficiencies and make targeted reductions in order to present a balanced budget.
More on Washingtoner
The proposed budget not only balances each year but also ensures that unallocated reserve levels are maintained and even enhanced. Additionally, funding sources for long-term capital projects will be restored. "I am excited to put forward a budget that is not only balanced but puts the City of Spokane back on track to fiscal stability, all while making critical investments in our collective future," said Mayor Brown.
This achievement would not have been possible without the hard work and dedication of Mayor Brown's team and the city's workforce. Their sacrifices and efforts have been essential in making this progress possible. "Crafting a balanced budget is about more than numbers – it is about ensuring the City's financial health while aligning resources with community needs," said Chief Financial Officer Matt Boston.
The 2025-2026 budget overview and Mayor Brown's budget message are attached with this release for further details. The mayor's proposed budget reflects a commitment to fiscal responsibility and lays a solid foundation for sustainable growth and improved resources for the city of Spokane.
Over the past few years, Spokane's financial health has been in decline. The use of one-time funds for long-term investments, depletion of unallocated reserves by $12.3 million, and diversion of funding for capital projects have all contributed to a projected 2025 General Fund deficit of $25 million and a biennium deficit of $50 million. However, Mayor Brown and her team have worked diligently over the past 11 months to identify efficiencies and make targeted reductions in order to present a balanced budget.
More on Washingtoner
- Rio Bela Cosmetics Launches Inclusive Line of Organic Skincare Products
- The 7 Visibility Problems Costing Independent Hotels Thousands Every Month
- Viola's Babygirl's, LLC Proudly Announces Teri Tobin's Soulful New Christmas EP "Home For The Holidays"
- Stoxtel Introduces High-Throughput "Matrix" Engine to Address Mexico's Crypto Trading Volatility
- UK Financial Ltd Sets Listing Date With Catex Exchange For The Listing Of Mayacat The World's First Ever Gold Backed ERC 3643 "SEC Ready" Token
The proposed budget not only balances each year but also ensures that unallocated reserve levels are maintained and even enhanced. Additionally, funding sources for long-term capital projects will be restored. "I am excited to put forward a budget that is not only balanced but puts the City of Spokane back on track to fiscal stability, all while making critical investments in our collective future," said Mayor Brown.
This achievement would not have been possible without the hard work and dedication of Mayor Brown's team and the city's workforce. Their sacrifices and efforts have been essential in making this progress possible. "Crafting a balanced budget is about more than numbers – it is about ensuring the City's financial health while aligning resources with community needs," said Chief Financial Officer Matt Boston.
The 2025-2026 budget overview and Mayor Brown's budget message are attached with this release for further details. The mayor's proposed budget reflects a commitment to fiscal responsibility and lays a solid foundation for sustainable growth and improved resources for the city of Spokane.
0 Comments
Latest on Washingtoner
- $57 Billion U.S. Marine Industry Presents Major Growth Opportunity for Newly Public Off The Hook Yacht Sales, Inc. (N Y S E: OTH)
- Dr. Alexander Eastman Returns to Suburban Hospital to Deliver Keynote on Crisis Leadership
- Spokane City Council Votes on Modification For 2026 City Budget
- Spokane: Council Approves New Transportation Tax on Commercial Parking
- Scoop Social Co.'s Mobile Dessert Truck Business Offer A Lifestyle Of Flavor, Fun, and Freedom
- Own 327 Acres of American Prime Real Estate with 2 Miles Waterfront Worth In Millions for Just $7 — Worldwide Raffle Launched
- Lakefront Acreage in Longwood's Ravensbrook Community Hits the Market
- Monika Balayan Elected Fellow of the Royal Society of Arts (FRSA)
- Spokane: Stuff Green Carts with Food and Yard Waste
- Fatal Early Morning House Fire in Northwest Spokane Claims Life of Chi
- We're Winning: Historic Plunge in Overdose Deaths Marks Stunning Reversal in America's Drug Crisis
- Tacoma: Applicants sought for the Human Rights Commission
- Tacoma: Applicants Sought for the Human Services Commission
- Spokane: City Closures Planned for Thanksgiving Holiday
- Lineus Medical Receives Patent for SafeBreak® Vascular Generation 2
- New 2025–2026 Energy Rebates: Squeaks Services Explains How to Qualify
- CCHR's New Documentary Prescription for Violence Highlights Overlooked Safety Warnings
- Men's Health Network Announces a New Feature to Support the Well-Being of Men When and Where They Are through Text Alerts
- Comp-U-Floor Unveils Powerful New Commercial Module
- Revenue Optics Announces the Appointment of Sonal Chowdhury as Senior Manager – Strategic Operations