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Seattle City Wire

Wednesday, November 13, 2024

City Can Use JumpStart Tax Revenue to Make Progress on our Priorities

The Seattle Metropolitan Chamber  of Commerce issued a statement regarding the City of Seattle's economic  and revenue forecast that was reviewed by the Seattle City Council on

 Aug. 17.

“The revenues and expenditures of a government budget are not a  series of inevitabilities – they are choices, and the choices Seattle  city leaders make to balance the 2023 city

budget must align with the  priorities of the voters in the form of visible, sustained progress on  top issues – including public safety, homelessness and affordability –  along with

delivering on the basics like transportation,” said Rachel  Smith, president and CEO of the Seattle Metropolitan Chamber of  Commerce. “Today’s updated forecast confirms that

businesses are  contributing over a quarter of a billion dollars per year in new revenue  generated by the JumpStart Tax, and the city can use these funds to  make progress on our

priorities.”

Original source can be found here.

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