Earlier today Seattle city officials were briefed on the updated economic and revenue forecast for October. In response to more optimistic updated numbers, including an estimated $14.6 million in additional revenue in 2026 compared to the August forecast, Council President Sara Nelson (Position 9) released the following statement:  

“Based on today’s revenue forecast briefing, I’m cautiously optimistic. However, uncertainty remains in Seattle due to tariffs and potential federal funding cuts. As the Council works through the budget process, I urge my colleagues to join me in protecting essential city services that our diverse communities rely on every day. We must approach this budget with an eye towards sustainability, given the current unpredictability of the local economy.

“My top budget priorities will continue to be expanding on-demand drug treatment services, supporting our small businesses and boosting economic growth and building on our progress on public safety.”

Next steps

The Council is currently in the middle of the budget process that includes 19 public meetings, seven public comment periods, and two full public hearings. You can learn more by reviewing the Select Budget Committee calendar and the City Council’s Budget Basics Web page.

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