Att 1 – Proposed Spending Plan
PRE-INTRODUCETION DRAFT

Jump Start Seattle – PRE-INTRODUCTION DRAFT Proposed Spending Plan
2021 Proposed Spending
Program/Activity

Program Description

%

$

Replenish
Emergency Fund

Replenish the City’s Emergency Fund balance that was reduced in 2020 to fund programs that
address the economic impacts caused by COVID-19

Continuity of
Services

Provide continuity of services and programs administered or supported by the City prior to the
COVID-19 crises that, absent the support from the payroll tax revenue, would see a reduction in
funding; and funding to support increased costs and the expansion of services and programs
administered or funded by the City that support low-income communities.

75%1

$65 million

COVID Relief continued

Continue funding for some of the programs and services that received funding in 2020 to provide
public assistance to low-income households and small businesses impacted by the COVID-19
emergency.

20%1

$17 million

5%1

$4 million

100%1

$172 million

Start-up costs and ongoing administration2
TOTAL ANNUAL SPENDING:

$86 million

2022 + Beyond Proposed Spending
Housing and
Services

- Construction or acquisition of rental housing serving households with incomes between 0%-50%
of Area Median Income (AMI) with at least 70% of funds used to serve households with incomes
between 0-30% of AMI; and
- Operating and services costs to support housing serving households between 0-30% of AMI.

65%

$132 million

Equitable
Development
Initiative

Funding for the Equitable Development Initiative (EDI) to support the non-housing and affordable
housing components of EDI projects with a goal of at least $20 million annually.

10%

$20 million

Business Support

Funding to support local businesses and tourism to spur the local economic recovery, and to
provide economic stability for the city’s workforce

20%

$41 million

5%

$10 million

100%

$203 million3

Start-up costs and ongoing administration
TOTAL ANNUAL SPENDING:

1

After replenishing the emergency fund
In 2021, the admin costs are not applied to the $86 million to replenish the emergency funds
3
The revenue goal is about $200 million annually; in 2022 a small inflationary adjustment is assumed
2