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Seattle Mayor proposes historic budget to tackle $250 million deficit

September 24, 2024 | Seattle, King County, Washington


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Seattle Mayor proposes historic budget to tackle $250 million deficit
In a recent city council meeting, Seattle Mayor announced a comprehensive proposal for the 2025-2026 budget aimed at addressing a significant general fund budget deficit of $250 million. The mayor emphasized a strategic approach to budget reconfiguration, avoiding broad cuts to essential services while maintaining a commitment to public safety, affordable housing, and community support.

The proposed budget includes a historic investment of $342 million in affordable housing for 2025, marking the largest single investment in the city's history. This initiative is part of a broader strategy to combat homelessness and improve housing affordability, with plans to allocate nearly $700 million over two years. The mayor highlighted the importance of partnerships with state entities and private companies, such as Amazon, to enhance these efforts.

In addition to housing, the budget addresses public safety through a holistic approach that integrates mental health services and community support. The mayor announced plans to expand the unified care team, which has already reduced tent encampments by 72% since taking office. Funding will also be directed towards combating the fentanyl crisis, with nearly tripled investments in substance use disorder programs.

The budget proposal includes ongoing funding to maintain shelter beds and support services for the homeless population, ensuring that critical resources remain available as federal grants expire. The mayor underscored the importance of retaining skilled city workers and enhancing their compensation to ensure effective service delivery.

Furthermore, the budget outlines investments in downtown revitalization, including a $1 million allocation for art activation and beautification projects, as well as plans to enhance public safety through increased traffic safety measures and the establishment of a downtown activation team.

The mayor's proposal reflects a commitment to fiscal responsibility, aiming to close the budget gap without raising taxes or significantly impacting public services. The city council is expected to engage in extensive discussions regarding the budget, with the potential for amendments and adjustments as the process unfolds.

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