The Newsfeed: Seattle Mayor taps payroll tax to balance city budget

<p>The Seattle City Council is now weighing <a href=”https://www.cascadepbs.org/politics/2024/09/seattle-mayor-staves-deep-cuts-83b-2025-budget-proposal” target=”_blank”>an $8.3 billion city budget proposal</a> from Mayor Bruce Harrell that will mostly spare the city from steep program and staffing cuts.&nbsp;</p>

<p>Mayor Harrell’s proposal will redirect money from the Jumpstart Payroll Expense Tax to the general fund to close the City’s roughly $250 million budget gap next year and in 2026.&nbsp;&nbsp;&nbsp;</p>

<p>The Jumpstart tax is collected from high-income earners and goes toward investments in affordable housing, small-business assistance, Green New Deal climate programs and the Equitable Development Initiative.&nbsp;</p>

<p>Newsfeed host Paris Jackson sat down with Cascade PBS reporter Josh Cohen, who follows city politics, to hear his breakdown of Mayor Harrell’s budget proposal.&nbsp;</p>

<p><strong>Topics:</strong> <a href=”https://www.cascadepbs.org/multimedia” hreflang=”en”>Multimedia</a>, <a href=”https://www.cascadepbs.org/video-0″ hreflang=”en”>Video</a></p>

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