Seattle Mayor Bruce Harrell has announced the new eight-year draft of the $1.4 billion transportation budget proposal to repair bridges, repave streets, connect neighborhoods to the light rail, and build sidewalks.
Seattle Mayor Released The $1.4 Billion Transportation Budget Proposal That Would Cost Homeowners Another $36 A Month (Photo: MSN)
Seattle’s $1.4 billion budget proposal
According to the Seattle Mayor’s office, the tax budget proposal would cost a median Seattle home valued at $866,000 roughly $36 per month, or about $435 per year, a $12 monthly increase from the expiring Levy to Move Seattle.
The existing $930 million Levy to Move Seattle passed in 2015 and costs the owner of a median-priced Seattle property about $24 per month.
Mayor Harrell said that the levy budget proposal will deliver more funding to get us there, no matter how you get around, it will make travel safer, more reliable, and better connected so that every Seattleite is set up for success when they experience our city.
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The budget proposal in levy will need to make its way through the Seattle City Council before landing on the ballot for the city’s voters this fall
The budget proposal, if approved, would see the largest portion of funding up to $423 million over the lifecycle of the levy, go toward repaving and other improvements of Seattle streets. That would include paving 38% of the busiest blocks where streets are in poor condition.
