The Seattle City Council approved its $8.5 billion 2025-2026 budget, using funds from the Payroll Expense Tax to help fill a $250 million gap in the general fund.
SEATTLE — The Seattle City Council approved the city’s more than $8 billion 2025-2026 budget Thursday.
The council approved using funds from the Payroll Expense Tax to help fill a $250 million gap in the city’s $1.9 billion general fund.
The Payroll Expense Tax, also known as JumpStart, was passed in 2019 and collected money from the city’s largest companies to fund initiatives such as affordable housing, economic development and Green New Deal investments. Seattle Mayor
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