Council budget chair would restore restrictions to …

Seattle council OKs new budget, loosens JumpStart tax’s spending rulesSeattle mayor, City Council look to loosen rules on JumpStart tax ...

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Council Budget Chair Would Restore Restrictions To JumpStart …

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Oct 25, 2023 · Seattle City Council budget chair Teresa Mosqueda pushed back on Mayor Bruce Harrell’s proposed JumpStart spending Friday, restoring nearly $20 million to the original …

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Explore Seattle City Council Budget Chair Dan Strauss’ Budget …

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Nov 12, 2024 · It was created in close collaboration and partnership with all eight of his Council colleagues. Message from Budget Chair Strauss ... Increase SDCI by $355,000 JumpStart …

seattle.gov

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Seattle Leaders Eye JumpStart Housing Funds To Close $230 …

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Mar 12, 2024 · Mayor Harrell and the new city council are contemplating budget cuts and raiding JumpStart payroll tax revenue to address a $230 million budget deficit. With six new members …

theurbanist.org

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Op-Ed: JumpStart Should Remain An Affordable Housing …

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Oct 30, 2024 · JumpStart funding priorities must be preserved in future years despite Mayor Harrell siphoning $287 million. While much has been made of the $250 million deficit in …

theurbanist.org

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Seattle Mayor Staves Off Deep Cuts In $8.3B 2025 Budget Proposal

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Sep 25, 2024 · The specter of austerity has hung over Seattle for months now. With a projected 2025 budget deficit of at least $251 million, a reluctance by the mayor and new City Council to …

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Seattle JumpStart Tax Upheld As Critics Argue It Points To A …

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Jun 22, 2022 · The tax was passed by the Seattle City Council in 2020. JumpStart requires businesses with at least $7 million in annual payroll to pay between 0.7%-2.4% on salaries …

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FAQs about Council budget chair would restore restrictions to … Coupon?

How much did Seattle City Council budget chair Teresa Mosqueda push back?

Seattle City Council budget chair Teresa Mosqueda pushed back on Mayor Bruce Harrell’s proposed Jumpstart spending Friday, restoring nearly $20 million to the original spending plan compared to the mayor’s proposal. ...

Why is City Hall reliant on JumpStart?

That’s helped the city fund affordable housing and community development at historic levels. At the same time, City Hall has also become reliant on JumpStart to balance its regular budget, where costs have been growing faster than revenues since COVID, leading to substantial deficits. ...

How much will jumpstart spend on affordable housing in 2025?

Despite a large chunk of JumpStart proceeds being redirected to the general fund, 2025’s budget will include a record $340 million-plus investment in affordable housing, according to Harrell and the council. That’s partly thanks to the city’s housing levy, which voters agreed to enlarge last year. ...

When will Seattle City Council vote on a budget?

Council will continue to amend the budget over the next month and will likely take a final vote on Nov. 21. Members of the public can weigh in on the budget during a committee meeting at 10 a.m. Oct. 27 or at the last public hearing scheduled for 5 p.m. Nov. 13. For more information on the city’s budget, visit seattle.gov. ...

Does Seattle City Council have a budget amendment tracker?

Seattle City Councilmember Dan Strauss has released this budget amendment tracker to help members of the community follow along with the budget process and upcoming votes on budget amendments. ...

Why did Harrell ask for a jumpstart tax?

The step requested by Harrell has stirred debate because a previous council that established the tax on high salaries at big businesses in 2020 wrote rules promising that JumpStart dollars would flow — after the COVID pandemic — to affordable housing, community and environmental projects. ...