Seattle approves new city budget that plugs shortfalls with surplus revenue from business tax
GeekWire
NOVEMBER 29, 2022
Now the city is using the surplus to help close major gaps in its budget. million in 2023, and up to $84 million in 2024, if necessary. ” Seattle already faced operating deficits of $141 million for 2023 and $152 million for 2024 before the budget planning process began this fall. . Impact of industry layoffs.
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