July 3, 2014
New: July 3, 11:17 a.m.
After years of difficult budget times, the Lake Washington School Board heard a proposal for a budget that calls for new spending and restoration of old programs and positions.
At the June 23 board meeting, Barbara Posthumous, the district’s director of business services, laid out an overview of the district’s draft $378 million spending plan. Read more
May 27, 2014
New: May 27, 2:45 p.m.
Sammamish is flush with cash.
The 2013 budget numbers are in, and expenditures were below what was budgeted, while revenue was above projections, Finance Director Joe Guinasso told the City Council May 20.
Total expenditures for 2013 were budgeted at a bit more than $53 million, but only $35.7 million was spent – almost 33 percent under expectations. Read more
November 18, 2013
New: Nov. 18, 3:13 p.m.
Sammamish is taking in more and spending less than expected, Finance Director Joe Guinasso told the City Council Nov. 5.
Guinasso is expecting Sammamish to see its reserve fund increase by about $7.4 million by the end of the year, bringing its total to more than $42 million. For the fifth straight year, the city is not proposing an increase in its property tax levy. Read more
August 31, 2013
New: Aug. 31, 1:14 p.m.
The Issaquah School Board unanimously passed the district’s 2013-14 budget Aug. 28, and the $183 million expense sheet includes the restoration of a few services and programs that had been cut in recent years.
Like the state’s other public school districts, Issaquah was forced to complete its budgeting process later than normal because of the state Legislature’s extended special session that ran until June 29. Read more
August 22, 2013
The Lake Washington School Board unanimously approved its 2013-14 budget on Aug. 6. The $426 million spending plan includes new state revenue, and has left district officials, who are facing a projected revenue shortfall in 2018, wondering just what to do with some of it.
“What is the best use of funds in the short term, knowing what we have coming in the long term?” asked Superintendent Traci Pierce.
The state provides about 52 percent of the district’s budget. Another 22.5 percent comes from local tax levies, with the remainder coming from federal funds, user fees and other funding sources. Read more
July 10, 2013
Through no fault of the Lake Washington School District, this year’s proposed budget was little more than guesswork. The district gets the vast majority of its funding from the state. Since the state had not yet passed a budget by the school board’s June 24 budget presentation, about the only certain thing was that some of the numbers would change.
“This is why we teach them to use imaginary numbers in trig,” joked Board member Chris Carlson. Read more
May 10, 2013
New: May 10, 1:15 p.m.
“Detroit would kill for this kind of financial picture,” said Mayor Tom Odell at the May 7 Sammamish City Council meeting. Odell and the rest of the council had just heard a presentation on the city’s financial position, including the final report on the 2012 budget.
Joe Guinasso, Sammamish’s finance director started off with the big picture that is the envy of almost anyone who’s done a budget. City revenues in 2012 were 21.9 percent over budget while expenditures were 30.8 percent under budget. Read more
November 27, 2012
New: Nov. 27, 2:27 p.m.
Residents in unincorporated King County — including Klahanie — no longer face a $20 vehicle-license fee to fund road maintenance.
King County Council members dropped the proposed fee from the 2013 county budget, and approved the spending plan Nov. 13 in a unanimous decision. Instead, officials plan to lobby the state government for additional road dollars — a challenge as the state faces another budget shortfall next year. Read more
November 23, 2012
New: Nov. 23, 3:29 p.m.
The Sammamish City Council unanimously approved its 2013-2014 budget with only a few quibbles from councilmembers concerned about future parks and economic development spending.
The $107.8 million, two-year budget passed at the Nov. 20 meeting by a 6-0 vote, with Councilman John Curley absent. The budget forgoes a property tax increase for the fourth straight year, but adds approximately $380,000 in new personnel costs through four and a half new positions, including: Read more
November 14, 2012
Sammamish representatives signed off on a plan to spend more than $268,000 on adding a new out-building behind Eastside Fire & Rescue’s headquarters Nov. 8, but say it should not be seen as a commitment to the city staying with EF&R past 2014.
“I wouldn’t read into it too much,” Mayor Tom Odell said in an interview after the vote. Read more