Trending...
- $40 Billion Global Market Value by 2030 Projected in Unmanned Aerial Vehicle or Other Drone Technology Sector, Growing at 9.2% Compound Annual Growth
- Socialhose Eyes Southeast Asia and Rejects the Copy-Paste Expansion Playbook
- K2 Integrity Names Michael Kallabat Global Head of Investigations and Disputes
~ 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.
The City of Spokane has faced financial challenges in recent years, with one-time funds being used for long-term investments and unallocated reserves being depleted by $12.3 million. Additionally, funding sources for long-term capital projects were used to fill budget gaps. As a result, Mayor Brown inherited a projected deficit of $25 million for 2025 and $50 million over the 2025-2026 biennium.
Over the past 11 months, Mayor Brown and her team have worked diligently to identify efficiencies and make targeted reductions in order to present a balanced budget for each year and the biennium. The proposed budget also ensures that unallocated reserve levels are not only maintained but enhanced, and funding sources for long-term capital projects are restored.
More on Washingtoner
"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. She also acknowledged the hard work and dedication of her team and city workforce whose sacrifices have been essential in achieving this progress.
Chief Financial Officer Matt Boston emphasized that crafting a balanced budget goes beyond just numbers; it is about ensuring the city's financial health while aligning resources with community needs. He added that this budget reflects their commitment to fiscal responsibility and lays a solid foundation for sustainable growth and improved resources.
A copy of Mayor Brown's 2025-2026 budget can be found attached with this release. It includes an overview of the budget (PDF 955 KB) as well as the mayor's budget message (PDF 445 KB). With this proposed budget, Mayor Brown and her administration are taking a proactive approach to address the city's financial challenges and set it on a path towards a brighter future.
The City of Spokane has faced financial challenges in recent years, with one-time funds being used for long-term investments and unallocated reserves being depleted by $12.3 million. Additionally, funding sources for long-term capital projects were used to fill budget gaps. As a result, Mayor Brown inherited a projected deficit of $25 million for 2025 and $50 million over the 2025-2026 biennium.
Over the past 11 months, Mayor Brown and her team have worked diligently to identify efficiencies and make targeted reductions in order to present a balanced budget for each year and the biennium. The proposed budget also ensures that unallocated reserve levels are not only maintained but enhanced, and funding sources for long-term capital projects are restored.
More on Washingtoner
- Spokane: Wildfire and Insurance Informational Session
- Premier Expands Presence with New Bellevue Flexible Workspace Location
- Haven Treatment Center In-Network with MODA Health, Expanding Access to Behavioral Health
- Cellofest Brings Free Cello Concerts and Community Events to Bethany Beach August 5–16
- Blue Sky Capital Strategies, LLC awarded Leasing and Financial Services agreement with Premier Inc
"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. She also acknowledged the hard work and dedication of her team and city workforce whose sacrifices have been essential in achieving this progress.
Chief Financial Officer Matt Boston emphasized that crafting a balanced budget goes beyond just numbers; it is about ensuring the city's financial health while aligning resources with community needs. He added that this budget reflects their commitment to fiscal responsibility and lays a solid foundation for sustainable growth and improved resources.
A copy of Mayor Brown's 2025-2026 budget can be found attached with this release. It includes an overview of the budget (PDF 955 KB) as well as the mayor's budget message (PDF 445 KB). With this proposed budget, Mayor Brown and her administration are taking a proactive approach to address the city's financial challenges and set it on a path towards a brighter future.
0 Comments
Latest on Washingtoner
- No Download Needed: Goosechase Adds Browser Play to Every Experience
- iCustoms launches iWarehouse, an AI bonded warehouse platform for customs and excise storage
- Spokane: City Council Members Commends Unified Wildfire Response
- National Night Out in Spokane Cancelled Due to Wildfire Conditions
- Haven Treatment Center Achieves IMD Certification, Expanding Access to Residential Care
- U.S.-Arab Trade Reaches $121.7 Billion, But the Stakes Are Rising
- HER Patio Productions celebrates one-year Anniversary of "Say Grace"
- Working Musicians Academy Partners with Black Dog Music Partners to Give Musicians Independent, Income-Producing Careers
- Spokane: Community Resources Available to Those Impacted by Fires
- Spokane Police Urge Public to Stay Out of Fire Evacuation Areas
- Spokane launches wildfire relief fund
- VFW Mobilizes to Support Members and Communities Affected by Eastern Washington Wildfires
- Omnitronics launches Ecosystem Health Dashboard to enable proactive monitoring across dispatch environments
- New Research Identifies "The Great Junk Transfer": 49% of Americans Would Rather Inherit Nothing Than Sort Through a Relative's Belongings
- Minus K Technology launches it Educational Giveaway for Universities and Colleges in the USA
- UK Financial Ltd Verifies Maya Preferred PRA Circulating Supply, Proving Its Eight-Year Promise of Under 1M Tokens After Chainlink Labs Agreement
- Anamorphic 3D Only Works on Fixed Screens. Loud! OOH Put It on a Moving Ad Van for Flood Re
- From DJ Booths to Disney: Orlando Author Ryan Tiffin Launches "Chasing Magic"
- FDA Food Recall Notices After Outbreak Linked to 98 Hospitalizations: Practical Tips for Safer Grocery Shopping
- The 'Tax Squeeze': Betsson's Record Quarter Previews the Economics of Finland's 2027 Casino Market