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Seattle Budget Office: City's economic growth to slow

May 14, 2019 - The Seattle Times

The incredible growth of Seattle's economy in recent years is going to slow, and so is the growth of City Hall's tax revenue from existing sources, Mayor Jenny Durkan's budget managers told City Council members Monday.

Seattle isn't in trouble at the moment, because the city has been taking in about as much revenue as the experts predicted last November, when Durkan and the council adopted a budget for 2019 and endorsed a plan for 2020.

But the mayor and council likely won't have mu...