King County faces $100 million revenue shortfall, blames limit on property tax collections [View all]

King County leadership is warning of a $100 million revenue shortfall by 2025 due to a limitation on property tax collections.

The county expects the shortfall to impact the 2025-26 general fund, which could impact programs and services supporting the region's health and safety.

Though the general fund is about $1.2 billion, most of that revenue goes toward state-mandated programs and services, according to King County Executive Dow Constantine. That means programs and services relying on discretionary funding are at risk. According to the county, that includes:

Public Health clinics that serve low-income residents in Auburn, Bellevue, Federal Way, Kent, Kirkland, Renton, Seattle, and White Center.

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https://www.msn.com/en-us/money/realestate/king-county-faces-100-million-revenue-shortfall-blames-limit-on-property-tax-collections/ar-AA1arBp1