Spokane is facing a $13 million budget deficit, that city leaders aim to balance by late November. The city says there are a number of factors that led to the deficit and wrote in a press release:
Due to a slowing national economy, weak consumer confidence, and sales tax revenue not keeping pace with historical trends, the City of Spokane continues to face budget challenges, despite closing a $25 million structural budget deficit in 2024. This trend is not unique to Spokane and is being faced by local governments across the country.
At a meeting with the Spokane City Council on Thursday, Mayor Lisa Brown outlined the City of Spokane’s $13 million deficit, which is also impacted by federal contract uncertainty, constrained by collective bargaining contracts, and exacerbated by inflation a