City Budget Office Releases Updated Economic Forecast Showing Better Than Expected Recovery and Additional Revenue For City Priorities in 2020 and 2021
SEATTLE (November 2, 2020) – The City Budget Office released an updated economic forecast and new revenue projections for 2020 and 2021. The City Budget Office now estimates an additional $57 million in net revenue from both the Real Estate Excise Tax, sales tax, and additional General Fund revenue. While… [ Keep reading ]