Why are Washington cities short on money?
Staff compare budget shortfalls across nearby cities. They point to limits on property-tax growth and swings in sales-tax revenue.
"Tacoma: $40 million deficit. Vancouver: $43 million deficit. Even Spokane County just ticked theirs up to $30 million recently, from $25 million."
City Staff · Spokane Budget Office
Clip transcript
Implemented weren't one time solutions. They were long term impacts. So there's still work but as we're seeing in Seattle ,Tacoma, Vancouver and even just right across the river in the County, everybody's having those issues and to kind of a greater degree than our own Seattle obviously we pity them being half $1 billion in a deficit and looking at at their next budget Tacoma $40 million deficit Vancouver $43 million deficit and even Spokane County just ticked theirs up up to $30 million recently from 25. So it is a challenge but it is not a unique challenge that that is faced in Washington state.
A lot of that is driven by, you know, our 1% property tax growth coupled with the sales tax volatility that we're seeing. As Jake mentioned, we have seen some you know, some positive movement which is is also kind of a head scratcher