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Seattle forecast council concurs with August 2025 baseline revenue forecast

5535460 · August 6, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The city’s Forecast Council reviewed updated economic and revenue scenarios and recorded concurrence with the Forecast Office’s recommendation to adopt the August 2025 baseline forecast as the official forecast for the mayor’s proposed budget.

Seattle’s Economic and Revenue Forecast Council on Aug. 4 reviewed updated economic scenarios and recorded its concurrence with the Forecast Office’s recommendation to adopt the August 2025 baseline revenue forecast to inform the mayor’s proposed budget. Forecast staff presented baseline, pessimistic and optimistic scenarios and recommended the baseline as the official forecast.

The baseline matters because it sets the revenue assumptions for the mayor’s proposed budget…

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