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Spokane finance staff detail mid‑biennium cuts and propose commercial parking tax to shore up revenue
Summary
City finance staff presented a mid‑biennium budget update citing weaker-than-expected sales and property tax receipts, proposed position reductions and service centralization, and proposed a local option commercial parking tax as a modest new revenue source. Council asked for more time and detailed presentations on reorganization and staffing.
City finance staff presented a mid‑biennium budget update to Spokane City Council, reporting downward adjustments to several revenue lines and describing a mix of cuts and new revenue proposals aimed at balancing the biennial budget.
Finance staff said sales-tax collections have trended below projection and the city is revising its outlook downward, including a $1.5 million reduction in sales-tax projections and “over a million dollars” reduction in property-tax projections. Utility tax revenue reductions were quantified as roughly $2.75 million…
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