Mayor Durkan Statement on New Economic Forecast in Seattle, Which Highlights Continued Decline in 2020 and 2021 for City Revenues
Revenue projections now estimate additional unfunded budget shortfall of $26 million for 2020 Seattle (August 10, 2020) – The City Budget Office today released their latest economic forecasts and revenue projections for Seattle, which showed an additional reduction to the 2020 General Fund revenue by $26.0 million (-2.1%) relative to… [ Keep reading ]