CITY OF SPOKANE VALLEY
Spokane Valley's 2025 budget, totaling $149. 6 million, showcases the city's commitment to public safety, infrastructure, and economic development. The city boasts over ten consecutive years of clean financial audits and an Aa1 bond rating from Moody's, reflecting its financial strength. The budget aims to enhance public safety responses and prioritize infrastructure maintenance while supporting strategic capital projects through grant funding. Additionally, the city is focused on reducing homelessness through strategic partnerships and expanding homeownership opportunities for residents.
Notably, the city council has opted not to take the annual 1% property tax increase allowed by state law for the past 16 years. The two largest revenue sources—property tax and sales tax—are expected to provide 81% of the 2025 General Fund recurring revenues. This strategic plan emphasizes responsible fiscal management and controlled spending while ensuring essential services are delivered without imposing new taxes. Overall, Spokane Valley continues to position itself for sustainable growth and improved quality of life for its residents.