Spokane Valley Online
The Spokane Valley News Herald
City of Spokane Valley, WA

City budget ‘sustainable’ headed into 2016

By MIKE HUFFMAN
Managing Editor

10/11/2015

 

 

Slow and steady continues to win the race for the city of Spokane Valley, at least budget-wise.
With anticipation of building a new $14.4 million city hall next year and city officials again not planning on making use of an allowable 1-percent annual increase in property taxes, City Manager Mike Jackson told the City Council on Tuesday night that the 2016 budget is in “excellent condition” with an eye toward “sustainability.”
“It’s a rare city that’s able to make that declaration,” Jackson said.
As it stands now, the city is anticipating $39.4 million in revenues to its general fund in 2016, an uptick of just over 3 percent from this year. The city expects to spend $39.3 million, or 2.7-percent more than last year from that fund.
Some council members expressed concern, hoping that percentage could be lowered to 1 percent.
“I know a big hit is public safety,” said Council Member Ed Pace.
The city contracts with the Spokane County for police, animal control and court services. That amount is expected to be $24.7 million in 2016.
The city once again is expected to close out the year with an ending balance equaling 50 percent of its total recurring expenditures.
In addition to the new city hall, to be built on Sprague Avenue at the former University City site, the city anticipates completing the southbound Sullivan Road Bridge and continuing to set aside funds for pavement preservation.
Jackson said the city’s “pay as you go” philosophy has served it well over the past several years. For example, while the city has been renting space for City Hall since incorporation since 2003, money has been set aside for the eventual construction of a city-owned structure. As such, a $6.3 million down payment on construction will be available.
Staffing levels will increase from 87.40 employees from 2015’s 87.25.
Public hearings on Spokane Valley’s budget have been set for Sept. 22 and Oct. 13. Final adoption is scheduled for Oct. 27.

Print Advertising - contact:
Steve Barge
Account executive - Spokane Valley News Herald
Cell: 509-230-3355
Office: 509-924-2440
e-mail: vnh@onemain.com
TheSpokane Valley News Herald
is the City of Spokane Valley, Washington's official Newspaper. The City Council of the City of Spokane Valley, Washington named the Spokane Valley News Herald as the city's "official" newspaper. The designation means the Spokane Valley News Herald will publish the city's legal notices on a contract basis for one year.

E-mail: vnh@onemain.com
Phone: (509) 924-2440
2012 Valley News Articles Archive