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Council finance chair warns of $240 million shortfall, previews budget reform process
Summary
Council member Strauss told colleagues on April 21 that Seattle has adopted a pessimistic revenue forecast that creates a roughly $240 million gap the council must address this fall and urged early work on process and technology improvements for the budget cycle.
Councilmember Strauss, chair of the Finance, Native Communities and Tribal Governments Committee, told colleagues on April 21 that Seattle’s pessimistic revenue forecast shows an approximate $240 million shortfall that will need to be addressed in the fall budget process.
“We have adopted the pessimistic outlook for this revenue forecast and revenues did not come into…
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