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Last indexed Aug 21, 2026
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The March 2024 financial report for the City of Spokane shows the General Fund performing favorably through the first quarter, with revenues at $24.5 million (2.0% above budget projections) and expenditures at $53.6 million (3.7% below budget). The amended 2024 budget totals $245.9 million in revenues and $244.3 million in expenditures, reflecting adjustments including $3.1 million in ARPA funding transferred back to the General Fund for police vehicle purchases. The report notes that the city uses cash accounting during the year, with figures potentially changing significantly when moving to modified accrual accounting at year-end.
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Nov 2, 2022
Mayor Nadine Woodward's 2023 proposed budget, presented November 2, 2022, addresses a $37 million revenue loss from the pandemic while forgoing a 1% property tax increase for household financial relief. The budget prioritizes people-focused investments including increased shelter space, homelessness services, public safety, sanitation, garbage collection, and workforce retention in a competitive labor market. Sales tax revenue is projected to increase 5.9% overall in 2023, though gains are not expected to continue due to anticipated recession.
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Mayor Nadine Woodward's November 2, 2023 letter introducing Spokane's 2024 proposed budget emphasizes cautious economic optimism and a collaborative budgeting process that included community town halls and City Council meetings to identify priorities. The budget focuses on three main areas—public safety, housing and services, and supporting city workers—while implementing heightened spending scrutiny, organizational efficiencies, updated fee schedules, and strategic bridge funding. The proposal aims to balance immediate community needs with long-term fiscal sustainability and sets the foundation for continued efficiency improvements in future budgets.
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The City of Spokane's 2025-2026 biennial budget totals $2.5 billion and addresses a projected $60 million General Fund deficit inherited by the new administration through conservative revenue assumptions, a 1% property tax increase, and a 22 FTE position reduction to manage costs without depleting reserves. Key budget priorities include public safety, housing, and economic development, with personnel costs comprising 85 percent of operating expenses across 2,434.5 FTE positions serving over 230,000 residents. The budget assumes passage of a Community Safety Sales Tax initiative and projects conservative sales tax growth of 2% in 2025 and 2.9% in 2026, with the General Fund comprising approximately 22 percent ($535.2 million) of the total budget.
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The City of Spokane's Fiscal Year 2021 Annual Comprehensive Financial Report presents the city's complete financial position as of December 31, 2021, prepared by the Finance Department under CFO Tonya Wallace. The report includes government-wide financial statements, governmental and proprietary fund statements, and management's discussion and analysis covering the city's revenues, expenditures, and fund balances for the fiscal year. This comprehensive document, compiled by the city's accounting staff, provides transparency on the city's financial operations and position.
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The September 2024 financial report for the City of Spokane shows General Fund revenues of $150.6 million year-to-date, exceeding budget projections by 2.3 percent ($3.4 million), while expenditures totaled $175.6 million, running 1.6 percent under budget ($2.8 million). The amended 2024 budget reflects $249.6 million in revenues and $248.2 million in expenditures, with adjustments made through budget transfers and supplemental budget ordinances throughout the year.
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The City of Spokane's Annual Comprehensive Financial Report for fiscal year 2022 provides a complete accounting of the city's financial position as of December 31, 2022, prepared by the Finance Department under CFO Tonya Wallace. The report includes government-wide and fund-specific financial statements covering governmental, proprietary, and fiduciary funds, along with management's discussion and analysis of financial results. The document serves as an official record of the city's financial activity and audited performance for the fiscal year.
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The 2025-27 Capital Budget document outlines new appropriations for governmental operations across multiple departments, including Commerce, Archaeology & Historic Preservation, and Transportation, with total appropriations of approximately $4.52 billion in new funding and $7.34 billion including bonds. The budget includes funding for diverse projects such as behavioral health facilities, early learning centers, housing trust funds, local community projects, heritage barn grants, and transportation infrastructure, with most line items showing alignment between the Senate version and Chair ranking, though some variations exist in funding amounts. Notable allocations include $600 million for a major project under Commerce and $458.5 million for affordable housing supply and preservation initiatives.
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The City of Spokane, Washington's Comprehensive Annual Financial Report for fiscal year 2020 presents the city's complete financial statements, including government-wide and fund-specific financial statements prepared by the Finance Department under CFO Tonya Wallace. The report contains an independent auditor's report, management's discussion and analysis, and detailed financial statements covering governmental, proprietary, and fiduciary funds, along with organizational and elected officials' information.
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The City of Spokane's Annual Comprehensive Financial Report for fiscal year 2023 (ended December 31, 2023) presents the city's complete financial position, including government-wide financial statements, governmental and proprietary fund statements, and management's discussion and analysis. The report was prepared by the Finance Department under CFO Tonya Wallace and Director of Accounting Michelle Murray, and includes standard financial statements such as the Statement of Net Position, Statement of Activities, and Balance Sheet. The document serves as the official record of the city's financial condition and compliance for the fiscal year.
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