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Redmond budget committee presents cautious FY 2025–26 plan as revenue growth slows
Summary
City staff told the Redmond Budget Committee the FY 2025–26 draft budget is cautious, reflecting slower assessed-value growth, modest staff additions and one-time costs; the committee opened and closed the required state shared revenue hearing with no public comment.
The Redmond Budget Committee on Tuesday reviewed a draft fiscal year 2025–26 budget that city staff described as intentionally cautious amid softer revenue growth and a handful of one-time costs.
City Manager Keith Rakowski said the city is “being very careful” about adding staff and programs so “a year from now, we don't wanna regret decisions we made in May 2025.” He flagged a projected slowdown in assessed-value growth and declining state-shared revenues as reasons for restraint.
Deputy City Manager Jason…
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