Jumpstart: The fight over how to spend Seattle’s big-business tax

The debate over its future  

For 2025, Harrell has proposed using $287M in Jumpstart revenue to balance the budget; $43M to create a reserve fund for Jumpstart; about $144.5M for affordable housing; $35M for economic revitalization; $21M for Green New Deal projects; $21M for the Economic Development Initiative, $19.5M for youth mental health and $11M for administrative costs.  

The mayor is also proposing legislation that would allow ongoing use of Jumpstart funds above the 2020 projected revenues to bolster the general fund, rather than the current year-by-year allowance.  

At a Sept. 24 briefing about the mayor’s budget proposal, interim City Budget Office Director Dan Eder framed their proposal as

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