Taglocal government funding(30)

City of SeaTac City Manager’s Office presentation to Council Study Session on August 11, 2026, introducing the 2027–2028 Biennial Budget titled ‘The Bridge Budget: Guiding Us Across the Gap.’ Documents a projected structural gap of $1.6 million in 2027 and $4.4 million in 2028, defined as the difference between expected revenues and the cost of

The Port of Seattle's Economic Development City Partnership Program distributed $804,052 in funding to 27 cities during its 2024 funding cycle, leveraging an additional $637,211 in city matching funds for a total investment of $1,441,263. The non-competitive program, which began in 2016, allocates funding to cities on a per-capita basis (ranging from $10,000 to $60,000) to support local economic development projects tied to Port business interests. The largest share of funding—36.5%—went toward small business technical assistance, followed by buy-local and placemaking initiatives at 26%.

Substitute Senate Bill 5195 is a Washington State capital budget bill that appropriates funding for various state capital projects for the period ending June 30, 2027. Originally sponsored by Senators Trudeau, Schoesler, Chapman, Dozier, and Nobles at the request of the Office of Financial Management, the bill amends numerous existing state laws and allocates funds across state agencies and programs. It establishes definitions, conditions, and limitations governing how appropriated funds may be spent, lapsed, or reappropriated.

The Port of Seattle is requesting Commission authorization for up to $1,900,000 to fund its 2025-2026 Economic Development City Partnership Program, which provides grants to King County cities based on a per capita formula ranging from $10,000 to $60,000 per city. Started in 2016, the non-competitive program requires cities to contribute a 50% match and develop economic development projects aligned with Port business interests. In recent years, the program has focused on small business relief, tourism support, and buy-local campaigns.

The Port of Seattle is requesting $1.9 million to continue its Economic Development Partnership Program for 2025-2026, which provides grants of $10,000–$60,000 to King County cities for local economic development projects such as small business support, tourism, and workforce development. In 2024, 27 cities participated, leveraging over $637,000 in city matching funds to generate a combined $1.4 million investment across the region. The program, active since 2016, is funded by the Port's property tax levy and requires cities to provide a 50% match to ensure shared commitment to project success.