The City of Seattle’s budget process has entered its final month, and unless many dramatic changes are made in the coming weeks, the story of the 2025–2026 budget is clear: A large deficit will be filled with JumpStart tax funds, monies that will also be used to fund more than $100 million of new spending, some proposed by the mayor and some by Seattle City Councilmembers. Budget Chair Dan Strauss presented his “balancing package” on Oct.