November 26, 2013
The 2014 city budget, with more than $97 million in planned expenditures, passed unanimously last week after the City Council removed $300,000 worth of expenses and added $400,000 in revenue.
During its Nov. 18 regular meeting, the council put its final approval on the annual budget after four long work sessions and two public hearings that gathered no criticism. It allows for an additional police officer, funding for relocating the skate park and a new executive human services position. The new additions will cost more than $470,000. In order to add enough revenue to cover the expenses, council approved a 1 percent increase in property taxes.
“The 2014 budget is a balanced budget that continues our commitment to the quality of living to the citizens of Issaquah,” Financial Director Diane Marcotte said. “This goes very much in alignment with our emphasis in sustainability. It maintains our cash reserves at near current levels, and continues to meet our recently adopted financial policies and budget policies.”