Seattle leaders looking in every nook and cranny trying to balance the city’s budget in 2026 got some cautiously delivered good news Monday as the nation’s volatile economy and ongoing efforts at federal cutbacks under the Trump administration are whipsawing local forecasts across the country.
The bottom line in Monday’s briefing (video) to the Seattle City Council’s budget committee is a $14.6 million “upward revision” in the city’s latest 2026 economic forecast.
Seattle’s annual general fund budget is around $2 billion but nearly $15 million is the kind of revenue that can fund important social programs and services.
The new forecast part of the city’s ongoing analysis as the council takes on finalizing Mayor Bruce Harrell’s 2026 budget plan appears to be part of what will be ongoing oscillation as economic markets have experienced unprecedented volatility. Continue reading










