1
00:00:25,959 --> 00:00:26,826
ORDER, 2:02 P.M., PLEASE CALL 

2
00:00:26,826 --> 00:00:27,727
THE ROLL. 

3
00:00:27,727 --> 00:00:28,962
&gt;&gt; COUNCIL MEMBER SAKA. 

4
00:00:28,962 --> 00:00:29,362
&gt;&gt; HERE. 

5
00:00:29,362 --> 00:00:30,330
&gt;&gt; COUNCIL MEMBER STRAUSS. 

6
00:00:30,330 --> 00:00:30,730
&gt;&gt; HERE. 

7
00:00:30,730 --> 00:00:32,665
&gt;&gt; COUNCIL MEMBER FOSTER. 

8
00:00:32,665 --> 00:00:33,500
&gt;&gt; HERE. 

9
00:00:33,500 --> 00:00:35,368
&gt;&gt; COUNCIL MEMBER JUAREZ. 

10
00:00:35,368 --> 00:00:35,869
COUNCIL MEMBER KETTLE. 

11
00:00:35,869 --> 00:00:36,202
&gt;&gt; HERE. 

12
00:00:36,202 --> 00:00:37,670
&gt;&gt; COUNCIL MEMBER LIN. 

13
00:00:37,670 --> 00:00:38,204
&gt;&gt; HERE. 

14
00:00:38,204 --> 00:00:39,205
&gt;&gt; COUNCIL MEMBER RINCK. 

15
00:00:39,205 --> 00:00:40,140
&gt;&gt; PRESENT. 

16
00:00:40,140 --> 00:00:43,643
&gt;&gt; COUNCIL MEMBER RIVERA. 

17
00:00:43,643 --> 00:00:46,713
&gt;&gt; PRESENT. 

18
00:00:46,713 --> 00:00:48,715
&gt;&gt; COUNCIL MEMBER HOLLINGSWORTH.

19
00:00:48,715 --> 00:00:49,883
&gt;&gt; HERE. 

20
00:00:49,883 --> 00:00:52,685
&gt;&gt; THE MINUTES OF MAY 18th, 2026

21
00:00:52,685 --> 00:00:55,755
WILL BE ADOPTED. HEARING NO 

22
00:00:55,755 --> 00:00:58,558
OBJECTION, THE MINUTES ARE 

23
00:00:58,558 --> 00:00:59,559
ADOPTED. AND THEN, ALSO, TOO, 

24
00:00:59,559 --> 00:01:01,428
COLLEAGUES, I WILL AMEND THE 

25
00:01:01,428 --> 00:01:02,896
AGENDA, IF THERE IS NO 

26
00:01:02,896 --> 00:01:03,563
OBJECTIONS MOVE PROCLAMATIONS TO

27
00:01:03,563 --> 00:01:05,331
THE FRONT OF THE MEETING AND 

28
00:01:05,331 --> 00:01:06,800
THEN PRESENTATIONS RIGHT AFTER, 

29
00:01:06,800 --> 00:01:07,734
BECAUSE I KNOW THAT SOME PEOPLE 

30
00:01:07,734 --> 00:01:09,836
HAD A HARD STOP AND WANT TO MAKE

31
00:01:09,836 --> 00:01:12,272
SURE EVERYBODY GETS A CHANCE TO 

32
00:01:12,272 --> 00:01:13,306
SIGN THE PROCLAMATIONS. AWESOME.

33
00:01:13,306 --> 00:01:15,608
NO OBJECTIONS, WE WILL MOVE THE 

34
00:01:15,608 --> 00:01:20,246
PROCLAMATIONS BEFORE THE 

35
00:01:20,246 --> 00:01:21,014
PRESENTATION ON AFFORDABILITY. 

36
00:01:21,014 --> 00:01:23,016
THANK YOU. WE WILL JUMP INTO THE

37
00:01:23,016 --> 00:01:25,084
PRESIDENT'S REPORT, 18 ITEMS ON

38
00:01:25,084 --> 00:01:26,219
THE CONSENT CALENDAR, NO 

39
00:01:26,219 --> 00:01:27,687
EXECUTIVE SESSIONS FOR 

40
00:01:27,687 --> 00:01:31,858
TODAY&amp;THEN WE HAVE TWO 

41
00:01:31,858 --> 00:01:33,059
PROCLAMATIONS FOR DISCUSSION. SO

42
00:01:33,059 --> 00:01:35,328
THE FIRST PROCLAMATION WILL 

43
00:01:35,328 --> 00:01:37,330
BEGIN WITH COUNCIL MEMBER RIVERA

44
00:01:37,330 --> 00:01:39,632
RECOGNIZING JUNE 2026 AS GUN 

45
00:01:39,632 --> 00:01:40,200
VIOLENCE AWARENESS MONTH. 

46
00:01:40,200 --> 00:01:41,534
COUNCIL MEMBER RIVERA, PLEASE 

47
00:01:41,534 --> 00:01:43,303
LEAD THE DISCUSSION ON THE 

48
00:01:43,303 --> 00:01:47,841
PROCLAMATION FOR ADDITIONAL 

49
00:01:47,841 --> 00:01:48,775
FEEDBACK BEFORE I REQUEST 

50
00:01:48,775 --> 00:01:49,108
SIGNATURESISM 

51
00:01:49,108 --> 00:01:50,343
&gt;&gt; THANK YOU, COUNCIL PRESIDENT 

52
00:01:50,343 --> 00:01:51,845
AND GOOD AFTERNOON, CALLESIANISM

53
00:01:51,845 --> 00:01:53,880
I AM SO HONORED TO BE BRINGING 

54
00:01:53,880 --> 00:01:57,383
THIS PROCLAMATION FORWARD, IT 

55
00:01:57,383 --> 00:01:59,052
WILL BE SIGNED BY MAYOR KATIE 

56
00:01:59,052 --> 00:02:00,887
WILSON, IT IS TO HIGHLIGHT GUN 

57
00:02:00,887 --> 00:02:03,490
VIOLENCE AWARENESS MONTH. AS YOU

58
00:02:03,490 --> 00:02:04,958
ALL KNOW, THIS TOPIC IS DEEPLY 

59
00:02:04,958 --> 00:02:06,059
IMPORTANT TO ME AND PERSONAL TO 

60
00:02:06,059 --> 00:02:08,561
ME AND MY FAMILY, AND I KNOW IT 

61
00:02:08,561 --> 00:02:11,464
IS INCREDIBLY IMPORTANT TO ALL 

62
00:02:11,464 --> 00:02:13,099
OF YOU AS WELL. WE WANT SEATTLE 

63
00:02:13,099 --> 00:02:19,305
TO BE A SAFE AND THRIVING CITY 

64
00:02:19,305 --> 00:02:21,307
FOR ALL OUR COMMUNITIES, THIS 

65
00:02:21,307 --> 00:02:24,210
PROCLAMATION IS TO BRING 

66
00:02:24,210 --> 00:02:25,645
AWARENESS FOR THE MONTH AND I AM

67
00:02:25,645 --> 00:02:26,713
SO PLEASED TO BE BRINGING IT 

68
00:02:26,713 --> 00:02:29,616
FORWARD AND I AM GLAD THE MAYOR 

69
00:02:29,616 --> 00:02:31,017
ALSO-- I KNOW THIS IS A TOPIC 

70
00:02:31,017 --> 00:02:32,785
THAT IS IMPORTANT TO HER AS 

71
00:02:32,785 --> 00:02:35,021
WELL, SO PLEASED TO HAVE HER 

72
00:02:35,021 --> 00:02:36,523
SIGNING ON AS WELL. LATER ON IN 

73
00:02:36,523 --> 00:02:39,859
MY REPORT I WILL TALK ABOUT THE 

74
00:02:39,859 --> 00:02:40,927
GUN VIOLENCE SYMPOSIUM THAT WILL

75
00:02:40,927 --> 00:02:44,297
HAPPEN THIS MONTH AS WELL. FOR 

76
00:02:44,297 --> 00:02:47,600
NOW I WILL LEAVE IT AT THE 

77
00:02:47,600 --> 00:02:48,468
PROCLAMATION AND HOPE YOU WILL 

78
00:02:48,468 --> 00:02:51,037
JOIN ME BY SIGNING ON. 

79
00:02:51,037 --> 00:02:53,873
&gt;&gt; AWESOME. THANK YOU, COUNCIL 

80
00:02:53,873 --> 00:02:55,441
MEMBER RIVERA. ARE THERE ANY 

81
00:02:55,441 --> 00:02:59,546
COMMENTS ABOUT THE GUN VIOLENCE 

82
00:02:59,546 --> 00:03:00,380
AWARENESS PROCLAMATION FOR JUNE 

83
00:03:00,380 --> 00:03:01,181
2026? COUNCIL MEMBER STRAUSS? 

84
00:03:01,181 --> 00:03:03,049
&gt;&gt; COUNCIL MEMBER PRESIDENT, 

85
00:03:03,049 --> 00:03:04,083
TAKING A MOMENT TO, I BELIEVE 

86
00:03:04,083 --> 00:03:05,084
COUNCIL MEMBER JUAREZ IS WALKING

87
00:03:05,084 --> 00:03:07,253
IN THE DOOR RIGHT NOW, SO I HAVE

88
00:03:07,253 --> 00:03:08,421
NOTHING FURTHER TO SAY. THANK 

89
00:03:08,421 --> 00:03:08,621
YOU. 

90
00:03:08,621 --> 00:03:12,258
&gt;&gt; AWESOME FOR THE RECORD, 

91
00:03:12,258 --> 00:03:14,494
COUNCIL MEMBER JUAREZ IS HERE. 

92
00:03:14,494 --> 00:03:16,462
THANK YOU. GREAT JOB, COUNCIL 

93
00:03:16,462 --> 00:03:17,697
MEMBER STRAUSS. OKAY. IF THERE 

94
00:03:17,697 --> 00:03:18,932
IS NO OTHER FURTHER COMMENTS, 

95
00:03:18,932 --> 00:03:20,900
WILL THE CLERK CALL THE ROLL TO 

96
00:03:20,900 --> 00:03:23,303
FIND WHO WANTS TO AFFIX THEIR 

97
00:03:23,303 --> 00:03:24,737
SIGNATURE TO THE PROCLAMATION? 

98
00:03:24,737 --> 00:03:25,505
&gt;&gt; COUNCIL MEMBER SAKA? 

99
00:03:25,505 --> 00:03:26,539
&gt;&gt; AYEMENT 

100
00:03:26,539 --> 00:03:27,106
&gt;&gt; COUNCIL MEMBER STRAUSS? 

101
00:03:27,106 --> 00:03:27,407
&gt;&gt; AYE. 

102
00:03:27,407 --> 00:03:28,575
&gt;&gt; COUNCIL MEMBER FOSTER. 

103
00:03:28,575 --> 00:03:29,108
&gt;&gt; YES. 

104
00:03:29,108 --> 00:03:30,043
&gt;&gt; COUNCIL MEMBER JUAREZ. 

105
00:03:30,043 --> 00:03:30,577
&gt;&gt; AYE. 

106
00:03:30,577 --> 00:03:31,778
&gt;&gt; COUNCIL MEMBER KETTLE. 

107
00:03:31,778 --> 00:03:32,278
&gt;&gt; AYE. 

108
00:03:32,278 --> 00:03:34,948
&gt;&gt; COUNCIL MEMBER LIN. 

109
00:03:34,948 --> 00:03:35,381
&gt;&gt; YES. 

110
00:03:35,381 --> 00:03:36,349
&gt;&gt; YES. 

111
00:03:36,349 --> 00:03:37,317
&gt;&gt; SORRY. 

112
00:03:37,317 --> 00:03:38,618
&gt;&gt; COUNCIL MEMBER RINCK. 

113
00:03:38,618 --> 00:03:39,652
&gt;&gt; YES. 

114
00:03:39,652 --> 00:03:39,886
&gt;&gt; YES. 

115
00:03:39,886 --> 00:03:41,020
&gt;&gt; THANK YOU. 

116
00:03:41,020 --> 00:03:43,356
&gt;&gt; COUNCIL MEMBER RIVERA. 

117
00:03:43,356 --> 00:03:44,390
&gt;&gt; AYE. 

118
00:03:44,390 --> 00:03:46,492
&gt;&gt; COUNCIL MEMBER PRESIDENT 

119
00:03:46,492 --> 00:03:46,859
HOLLINGSWORTH. 

120
00:03:46,859 --> 00:03:47,126
&gt;&gt; YES. 

121
00:03:47,126 --> 00:03:47,894
&gt;&gt; NINE. 

122
00:03:47,894 --> 00:03:49,896
&gt;&gt; THANK YOU SO MUCH. GOOD JOB, 

123
00:03:49,896 --> 00:03:51,130
COUNCIL MEMBER RIVERA FOR ALL 

124
00:03:51,130 --> 00:03:52,932
YOUR WORK ON THAT. WE ARE GOING 

125
00:03:52,932 --> 00:03:56,135
TO MOVE ON TO OUR SECOND 

126
00:03:56,135 --> 00:03:58,237
PROCLAMATION, COLLEAGUES, I HAVE

127
00:03:58,237 --> 00:04:01,007
A PROCLAMATION RECOGNIZING JUNE 

128
00:04:01,007 --> 00:04:03,943
6th AS AMAR ASHAUN MURPHY PANE 

129
00:04:03,943 --> 00:04:07,013
DAY, I WILL SHARE COMMENTS ABOUT

130
00:04:07,013 --> 00:04:08,948
THIS. IT IS TRULY FITTING THAT 

131
00:04:08,948 --> 00:04:11,584
THIS PROCLAMATION IS COINCIDING 

132
00:04:11,584 --> 00:04:14,654
WITH GUN VIOLENCE AWARENESS 

133
00:04:14,654 --> 00:04:18,458
PROCLAMATION MONTH, AS HE WAS, 

134
00:04:18,458 --> 00:04:20,226
UNFORTUNATELY, KILLED AT 

135
00:04:20,226 --> 00:04:21,928
GARFIELD HIGH SCHOOL CAMPUS 

136
00:04:21,928 --> 00:04:22,829
COUPLE, TWO YEARS AGO. TO 

137
00:04:22,829 --> 00:04:25,465
THIS-DAY OBVIOUSLY, IT IS ONE OF

138
00:04:25,465 --> 00:04:27,066
THE HARDEST DAYS FOR ANYONE, 

139
00:04:27,066 --> 00:04:28,468
ESPECIALLY FOR HIS FAMILY, AND 

140
00:04:28,468 --> 00:04:31,371
HE WAS TRULY A LIGHT IN GARFIELD

141
00:04:31,371 --> 00:04:33,406
AND THE DISTRICT THREE 

142
00:04:33,406 --> 00:04:34,274
COMMUNITY. THIS PROCLAMATION 

143
00:04:34,274 --> 00:04:36,075
HONORS HIS LEGACY, AND HIS LIFE.

144
00:04:36,075 --> 00:04:37,176
TOMORROW, AFTER THE PRESENTATION

145
00:04:37,176 --> 00:04:38,778
OF THE PROCLAMATION, BECAUSE WE 

146
00:04:38,778 --> 00:04:43,549
WILL BE JOINED WITH HIS FAMILY, 

147
00:04:43,549 --> 00:04:45,285
INVITING FOLKS DOWNSTAIRS, WE 

148
00:04:45,285 --> 00:04:48,021
WILL BE DOING A CELEBRATION OF 

149
00:04:48,021 --> 00:04:51,224
HIS LIFE AT THE BIRTH AND NIGHT 

150
00:04:51,224 --> 00:04:52,759
LANDIS ROOM DURING COUNCIL 

151
00:04:52,759 --> 00:04:54,727
MEETINGS BUT THE FAMILY AND 

152
00:04:54,727 --> 00:04:55,628
COMMUNITY WILL BE DOWNSTAIRS. 

153
00:04:55,628 --> 00:04:58,331
SO, I AM LOOKING FORWARD TO THAT

154
00:04:58,331 --> 00:04:59,899
AS WELL, TO CELEBRATING HIS LIFE

155
00:04:59,899 --> 00:05:01,834
WITH HIS FATHER AND HIS MOM AND 

156
00:05:01,834 --> 00:05:02,835
ALL OF HIS UNCLES AND COUSINS 

157
00:05:02,835 --> 00:05:07,840
AND EVERYBODY WHO IS GOING TO BE

158
00:05:07,840 --> 00:05:12,045
HERE. THEN SOME STUDENTS FROM 

159
00:05:12,045 --> 00:05:13,546
GARFIELD. THAT WILL BE TOMORROW.

160
00:05:13,546 --> 00:05:15,548
COLLEAGUES, WOULD LOVE YOUR 

161
00:05:15,548 --> 00:05:18,985
SUPPORT ON THIS AS WELL. SO, ANY

162
00:05:18,985 --> 00:05:20,386
OTHER FINAL COMMENTS? I WILL 

163
00:05:20,386 --> 00:05:22,055
OPEN THE FLOOR. COUNCIL MEMBER 

164
00:05:22,055 --> 00:05:23,956
KETTLE, FOLLOWED BY COUNCIL 

165
00:05:23,956 --> 00:05:24,624
MEMBER RIVERA. 

166
00:05:24,624 --> 00:05:25,858
&gt;&gt; COUNCIL PRESIDENT, I WANTED 

167
00:05:25,858 --> 00:05:27,627
TO THANK YOU FOR BRINGING THIS 

168
00:05:27,627 --> 00:05:29,462
FORWARD AND I AM REMINDED OF 

169
00:05:29,462 --> 00:05:32,565
BEING WITH YOU THAT DAY WHEN WE 

170
00:05:32,565 --> 00:05:34,701
WENT INTO COMMUNITY WITH THE 

171
00:05:34,701 --> 00:05:39,072
PASTOR, WITH THE, YOU KNOW, THE 

172
00:05:39,072 --> 00:05:40,940
COMMUNITY GROUPS THAT WERE THERE

173
00:05:40,940 --> 00:05:46,312
COMING TOGETHER IN SUPPORT OF 

174
00:05:46,312 --> 00:05:47,847
THE FAMILY. I WANTED TO THANK 

175
00:05:47,847 --> 00:05:50,183
YOU AND TO REFLECT ON THAT DAY, 

176
00:05:50,183 --> 00:05:51,484
BECAUSE IT BRINGS HOME WHY WE 

177
00:05:51,484 --> 00:05:51,851
ARE DOING THIS. 

178
00:05:51,851 --> 00:05:52,251
&gt;&gt; YEP. 

179
00:05:52,251 --> 00:05:54,620
&gt;&gt; AND TIE IT TO THE MONTH AND, 

180
00:05:54,620 --> 00:05:56,322
YOU KNOW, WHEN WHAT WE NEED TO 

181
00:05:56,322 --> 00:05:57,690
DO RELATED TO GUN VIOLENCE. 

182
00:05:57,690 --> 00:05:58,524
THANK YOU VERY MUCH. 

183
00:05:58,524 --> 00:06:00,593
&gt;&gt; THANK YOU, COUNCIL MEMBER 

184
00:06:00,593 --> 00:06:01,961
KETTLE, AND ALL YOUR WORK, GREAT

185
00:06:01,961 --> 00:06:07,567
HAVING YOU THERE AS WELL. 

186
00:06:07,567 --> 00:06:08,067
COUNCIL MEMBER RIVERA. 

187
00:06:08,067 --> 00:06:10,236
&gt;&gt; THANK YOU, COUNCIL MEMBER 

188
00:06:10,236 --> 00:06:11,604
PRESIDENT, I, TOO, WANT TO THANK

189
00:06:11,604 --> 00:06:16,776
YOU FOR BRINGING THIS FORWARD 

190
00:06:16,776 --> 00:06:18,511
AND FOR HONORING AMAR. IT IS A 

191
00:06:18,511 --> 00:06:20,680
TRAGEDY, OF COURSE, AND MY HEART

192
00:06:20,680 --> 00:06:21,881
GOES OUT TO THE MURPHY PANE 

193
00:06:21,881 --> 00:06:23,449
FAMILY AND I REMEMBER BEING WITH

194
00:06:23,449 --> 00:06:26,786
YOU AT THE WALKOUT WITH THE 

195
00:06:26,786 --> 00:06:30,256
STUDENTS, AND AMAR'S FAMILY, I 

196
00:06:30,256 --> 00:06:33,726
THINK LAST YEAR, AND IT REALLY--

197
00:06:33,726 --> 00:06:37,196
I AM SO APPRECIATIVE OF YOU FOR 

198
00:06:37,196 --> 00:06:39,699
BRINGING FORWARD THE 

199
00:06:39,699 --> 00:06:41,334
PROCLAMATION AND THE FAMILY 

200
00:06:41,334 --> 00:06:41,801
TOMORROW. THANK YOU. 

201
00:06:41,801 --> 00:06:44,203
&gt;&gt; AWESOME. THANK YOU, I KNOW A 

202
00:06:44,203 --> 00:06:46,339
BUNCH OF EVERYONE HAS BEEN 

203
00:06:46,339 --> 00:06:47,940
INVOLVED IN DIFFERENT WAYS WHEN 

204
00:06:47,940 --> 00:06:50,476
GUN VIOLENCE HITS OUR COMMUNITY,

205
00:06:50,476 --> 00:06:51,844
AND OUR PEOPLE, AND 

206
00:06:51,844 --> 00:06:53,880
NEIGHBORHOODS, SHOWING UP, BEING

207
00:06:53,880 --> 00:06:56,249
THERE WHEN THE INCIDENT HAPPENS,

208
00:06:56,249 --> 00:06:57,416
CONSOLING FAMILY MEMBERS, 

209
00:06:57,416 --> 00:06:58,117
CONNECTING COMMUNITY TO 

210
00:06:58,117 --> 00:07:01,654
RESOURCES, ALL OF US HAVE PLAYED

211
00:07:01,654 --> 00:07:02,755
AN EQUAL PART IN THAT, 

212
00:07:02,755 --> 00:07:03,923
UNFORTUNATELY I HATE TO SAY 

213
00:07:03,923 --> 00:07:06,292
THAT, THAT WE HAVE PLAYED A PART

214
00:07:06,292 --> 00:07:07,627
IN CONSOLING FOLKS WHEN THEY 

215
00:07:07,627 --> 00:07:08,728
PASS AWAY WITH GUN VIOLENCE, 

216
00:07:08,728 --> 00:07:09,796
ESPECIALLY OUR KIDS AND OUR 

217
00:07:09,796 --> 00:07:11,164
BABIES AND JUST WANT TO THANK 

218
00:07:11,164 --> 00:07:12,298
EACH AND EVERY ONE OF YOU, 

219
00:07:12,298 --> 00:07:14,567
BECAUSE YOU HAVE ALL PLAYED A 

220
00:07:14,567 --> 00:07:16,636
DIFFERENT ROLE IN SHOWING UP, 

221
00:07:16,636 --> 00:07:19,305
YOU KNOW, IN OUR OWN WAYS TO 

222
00:07:19,305 --> 00:07:20,940
HELP COMBAT THIS. REALLY 

223
00:07:20,940 --> 00:07:21,808
APPRECIATE EVERYONE PS 

224
00:07:21,808 --> 00:07:24,710
PARTNERSHIP ON THIS. IF THERE IS

225
00:07:24,710 --> 00:07:25,912
NO FURTHER COMMENTS, CLERK, 

226
00:07:25,912 --> 00:07:28,314
PLEASE CALL THE ROLL TO FIND WHO

227
00:07:28,314 --> 00:07:34,020
WANTS TO AFFIX THEIR SIGNATURE. 

228
00:07:34,020 --> 00:07:34,487
&gt;&gt; SAKA. 

229
00:07:34,487 --> 00:07:35,288
&gt;&gt; AYE. 

230
00:07:35,288 --> 00:07:36,489
&gt;&gt; STRAUSS. 

231
00:07:36,489 --> 00:07:37,390
&gt;&gt; AYE. 

232
00:07:37,390 --> 00:07:37,890
&gt;&gt; FOSTER. 

233
00:07:37,890 --> 00:07:38,724
&gt;&gt; YES. 

234
00:07:38,724 --> 00:07:39,025
&gt;&gt; KETTLE. 

235
00:07:39,025 --> 00:07:39,292
&gt;&gt; AYE. 

236
00:07:39,292 --> 00:07:40,560
&gt;&gt; COUNCIL MEMBER LIN. 

237
00:07:40,560 --> 00:07:40,927
&gt;&gt; YES. 

238
00:07:40,927 --> 00:07:42,128
&gt;&gt; COUNCIL MEMBER RINCK. 

239
00:07:42,128 --> 00:07:43,596
&gt;&gt; YES. 

240
00:07:43,596 --> 00:07:47,400
&gt;&gt; COUNCIL MEMBER RIVERA. 

241
00:07:47,400 --> 00:07:47,733
&gt;&gt; AYE. 

242
00:07:47,733 --> 00:07:50,203
&gt;&gt; COUNCIL PRESIDENT 

243
00:07:50,203 --> 00:07:50,570
HOLLINGSWORTH. 

244
00:07:50,570 --> 00:07:50,837
&gt;&gt; YES. 

245
00:07:50,837 --> 00:07:51,671
&gt;&gt; NINE SIGNATURES. 

246
00:07:51,671 --> 00:07:53,873
&gt;&gt; THAT WILL BE PRESENTED 

247
00:07:53,873 --> 00:07:55,007
TOMORROW, AGAIN, ATOP OF THE 

248
00:07:55,007 --> 00:07:57,944
MEETING TO THE FAMILY AND THEN 

249
00:07:57,944 --> 00:07:58,644
WE WILL MOVE EVERYBODY 

250
00:07:58,644 --> 00:07:59,879
TRANSITIONED TO DOWNSTAIR WHERES

251
00:07:59,879 --> 00:08:01,380
THEY WILL START THEIR 

252
00:08:01,380 --> 00:08:02,215
CELEBRATION. THANK YOU, 

253
00:08:02,215 --> 00:08:03,149
COLLEAGUES, FOR THAT. NOW I WILL

254
00:08:03,149 --> 00:08:05,485
INVITE OUR CENTRAL STAFF TO THE 

255
00:08:05,485 --> 00:08:09,488
TABLE, WE WILL MOVE INTO OUR 

256
00:08:09,488 --> 00:08:10,456
PRESENTATION ON AFFORDABILITY IN

257
00:08:10,456 --> 00:08:16,729
SEATTLE, I AM GRATEFUL WE HAVE 

258
00:08:16,729 --> 00:08:21,667
CAL CENTRAL STRAF. WANT THOO TO 

259
00:08:21,667 --> 00:08:22,969
THANK COUNCIL MEMBER STRAUSS, 

260
00:08:22,969 --> 00:08:24,337
HIM BEING BUDGET CHAIR, 

261
00:08:24,337 --> 00:08:26,339
UNDERSTANDING THE HEALTH AND 

262
00:08:26,339 --> 00:08:28,241
FINANCE OF OUR CITY, AND THIS IS

263
00:08:28,241 --> 00:08:29,909
THE LESS WONKY VERSION OF WHAT 

264
00:08:29,909 --> 00:08:33,212
YOU WOULD PROBABLY SEE IN ONE OF

265
00:08:33,212 --> 00:08:36,916
COUNCIL MEMBER STRAUSS'S 

266
00:08:36,916 --> 00:08:37,783
COMMITTEE FOR PUBLIC 

267
00:08:37,783 --> 00:08:39,585
CONSUMPTION; COUNCIL MEMBERS AS 

268
00:08:39,585 --> 00:08:42,655
WELL, WE HAVE HEARD ABOUT 

269
00:08:42,655 --> 00:08:45,691
AFFORDABILITY AND CITY REVENUES,

270
00:08:45,691 --> 00:08:46,626
AND I KNOW FROM SOME 

271
00:08:46,626 --> 00:08:48,995
SEATTLEITES, WE HAVE HURT ABOUT 

272
00:08:48,995 --> 00:08:50,496
THE INCREASING PRESSURES THAT 

273
00:08:50,496 --> 00:08:53,499
THEY FEEL FROM COST OF LIVING IN

274
00:08:53,499 --> 00:08:54,367
SEATTLE. THIS PRESENTATION IS 

275
00:08:54,367 --> 00:08:58,604
FOR US TO LOOK AT WHAT THE CITY 

276
00:08:58,604 --> 00:09:01,641
HAS, WHAT WE CONTROL, HOW WE ARE

277
00:09:01,641 --> 00:09:04,343
POTENTIALLY ADDING TO, YOU KNOW,

278
00:09:04,343 --> 00:09:06,345
SOME OF THE AFFORDABILITY, WHAT 

279
00:09:06,345 --> 00:09:12,852
IS IN OUR CONTROL AS A CITY. 

280
00:09:12,852 --> 00:09:14,387
APPRECIATE TOM AND CAL FOR 

281
00:09:14,387 --> 00:09:17,290
TAKING THIS ON AND DOING THIS 

282
00:09:17,290 --> 00:09:17,890
PRESENTATION. COLLEAGUES, WE 

283
00:09:17,890 --> 00:09:20,393
HAVE-- HOW MANY SLIDES DO WE 

284
00:09:20,393 --> 00:09:21,160
HAVE? I CAN'T REMEMBER. LIKE 

285
00:09:21,160 --> 00:09:21,360
TEN? 

286
00:09:21,360 --> 00:09:22,328
&gt;&gt; ABOUT TEN. 

287
00:09:22,328 --> 00:09:24,297
&gt;&gt; WE HAVE TEN SLIDES, SO, 

288
00:09:24,297 --> 00:09:26,532
COLLEAGUES, IF WE COULD HOLD OUR

289
00:09:26,532 --> 00:09:27,833
QUESTIONS TO THE END, WOULD BE 

290
00:09:27,833 --> 00:09:30,503
SUPER-- SO WE CAN KIND OF GO 

291
00:09:30,503 --> 00:09:33,205
THROUGH IT, AND THEN WE CAN 

292
00:09:33,205 --> 00:09:35,775
CIRCLE BACK WITH QUESTIONS. 

293
00:09:35,775 --> 00:09:36,809
SOUNDS GOOD? ALL RIGHT. AWESOME.

294
00:09:36,809 --> 00:09:37,710
THANK YOU, COLLEAGUES. ALL 

295
00:09:37,710 --> 00:09:42,448
RIGHT. CAL AND TOM, OFF TO YOU. 

296
00:09:42,448 --> 00:09:44,550
&gt;&gt; COUNCIL MEMBERS, THANK YOU, 

297
00:09:44,550 --> 00:09:48,654
WERE I WANTED TO GIVE A FEW 

298
00:09:48,654 --> 00:09:49,655
ADDITIONAL CONTEXTUAL COMMENTS, 

299
00:09:49,655 --> 00:09:52,224
OBVIOUSLY WE PREPARED THIS IN 

300
00:09:52,224 --> 00:09:53,693
RESPONSE TO COUNCIL PRESIDENT'S

301
00:09:53,693 --> 00:09:55,561
REQUEST AND WE KNOW THAT THE 

302
00:09:55,561 --> 00:09:57,029
COUNCIL, THAT SEATTLE VOTERS 

303
00:09:57,029 --> 00:09:58,864
APPROVED A NUMBER OF LEVEES 

304
00:09:58,864 --> 00:10:00,499
LATELY AND WILL BE CONSIDERING 

305
00:10:00,499 --> 00:10:02,134
THE LIBRARY LEVEE THIS SUMMER, 

306
00:10:02,134 --> 00:10:04,070
WE KNOW THAT LATER ON THIS WEEK 

307
00:10:04,070 --> 00:10:06,439
THE COUNCIL WILL GET ITS FIRST 

308
00:10:06,439 --> 00:10:08,808
DISCUSSION ON THE MAYOR'S 

309
00:10:08,808 --> 00:10:10,009
SEATTLE TRANSIT MEASURE SALES 

310
00:10:10,009 --> 00:10:12,311
TAX PROPOSAL THAT KING COUNTY 

311
00:10:12,311 --> 00:10:14,213
DOWN THE ROAD IS CONSIDERING 

312
00:10:14,213 --> 00:10:16,282
0.1% SALES TAX FROEDS. THERE ARE

313
00:10:16,282 --> 00:10:17,316
A NUMBER OF REVENUE PROPOSALS 

314
00:10:17,316 --> 00:10:18,851
AND THIS IS AN OPPORTUNITY TO, 

315
00:10:18,851 --> 00:10:20,319
NOT LOOK AT THE FUTURE, BUT TO 

316
00:10:20,319 --> 00:10:22,555
LOOK AT TODAY AND TO LOOK AT 

317
00:10:22,555 --> 00:10:24,590
WHAT THE SALES TAX AND WHAT THE 

318
00:10:24,590 --> 00:10:25,925
PROPERTY TAX LOOK LIKE ON BILLS 

319
00:10:25,925 --> 00:10:27,860
TODAY AND IN THE CONTEXT OF 

320
00:10:27,860 --> 00:10:28,828
AFFORDABILITY. THAT IS WHAT TOM 

321
00:10:28,828 --> 00:10:31,497
HAS SPENT LOT OF TIME PUTTING A 

322
00:10:31,497 --> 00:10:33,432
PRESENTATION IN FRONT FOR YOU. I

323
00:10:33,432 --> 00:10:35,134
THINK OUR INTENT HERE IS TO HAVE

324
00:10:35,134 --> 00:10:39,705
A LITTLE BIT OF A BASELINE 

325
00:10:39,705 --> 00:10:41,774
CONTEXT WHEN YOU CONSIDER THE 

326
00:10:41,774 --> 00:10:44,276
OTHER PROPOSALS DOWN THE ROAD, 

327
00:10:44,276 --> 00:10:45,277
HAVE GENERAL, BROADER CONTEXT SO

328
00:10:45,277 --> 00:10:47,079
IT IS NOT JUST LOOKING AT THE 

329
00:10:47,079 --> 00:10:50,416
INCREMENTAL CHANGES WHEN REVENUE

330
00:10:50,416 --> 00:10:54,553
COMES TO YOU, BUT REMEMBERING 

331
00:10:54,553 --> 00:10:56,255
THIS ALL FITS INTO THE BROADER 

332
00:10:56,255 --> 00:10:57,123
CONCEPT OF AFFORDABILITY. I WILL

333
00:10:57,123 --> 00:11:04,697
TURN IT OVER TO TOM MIKESELL TO 

334
00:11:04,697 --> 00:11:09,869
LEAD THE PRESENTATION. THANK YOU

335
00:11:09,869 --> 00:11:11,003
VERY MUCH. GOOD AFTERNOON, WE 

336
00:11:11,003 --> 00:11:13,439
ARE GOING TO TALK AFFORDABILITY 

337
00:11:13,439 --> 00:11:15,708
AND THE CONTEXT OF CITY 

338
00:11:15,708 --> 00:11:16,742
REVENUES, AND I HAD OUTLINE 

339
00:11:16,742 --> 00:11:19,612
SLIDE BUT I WILL GIVE A HIGH 

340
00:11:19,612 --> 00:11:21,147
LEVEL OF ECONOMIC CONTEXT AND 

341
00:11:21,147 --> 00:11:23,783
THEN LOOK AT PROPERTY TACKS AND 

342
00:11:23,783 --> 00:11:28,320
SALES TAXES IN TERMS OF THE 

343
00:11:28,320 --> 00:11:29,922
AMOUNTS THAT RESIDENTS PAY. THEN

344
00:11:29,922 --> 00:11:34,727
CONCLUDE WITH AFFORDABILITY 

345
00:11:34,727 --> 00:11:35,461
PROGRAMS BUILT INTO THOSE TAXES.

346
00:11:35,461 --> 00:11:38,864
SO, NEXT FEW SLIDES ARE GOING TO

347
00:11:38,864 --> 00:11:40,032
COVER THE ECONOMIC CONTEXT. WHEN

348
00:11:40,032 --> 00:11:41,167
YOU HEAR AFFORDABILITY, IT HAS 

349
00:11:41,167 --> 00:11:43,102
TWO VARIABLES, THERE IS THE COST

350
00:11:43,102 --> 00:11:45,671
OF SOMETHING AND THEN WHAT YOU 

351
00:11:45,671 --> 00:11:48,174
HAVE IN TERMS OF RESOURCES TO 

352
00:11:48,174 --> 00:11:51,143
PAY THOSE COSTS. SO, IT IS BOTH 

353
00:11:51,143 --> 00:11:53,212
THE PRICE AND THE INCOME LEVELS.

354
00:11:53,212 --> 00:11:55,047
SO ONE THING THAT AFFECTS 

355
00:11:55,047 --> 00:11:55,648
EVERYTHING IS INFLATION, AND 

356
00:11:55,648 --> 00:11:59,985
THAT HAS BEEN A HOT TOPIC FOR A 

357
00:11:59,985 --> 00:12:02,555
NUMBER OF YEARS, UNFORTUNATELY. 

358
00:12:02,555 --> 00:12:03,355
SINCE THE GREAT RECESSION, PRIOR

359
00:12:03,355 --> 00:12:04,390
TO-- AFTER THE GREAT RECESSION 

360
00:12:04,390 --> 00:12:06,358
AND BEFORE THE PANDEMIC THE 

361
00:12:06,358 --> 00:12:09,195
INFLATION RATE WAS GENERALLY LOW

362
00:12:09,195 --> 00:12:10,863
AND IN THE 2-3% RANGE. HOWEVER, 

363
00:12:10,863 --> 00:12:12,431
SINCE THE PANDEMIC, THE 

364
00:12:12,431 --> 00:12:13,499
INFLATION HAS TRENDED MUCH 

365
00:12:13,499 --> 00:12:15,301
HIGHER THAN THAT, AND, IN FACT, 

366
00:12:15,301 --> 00:12:17,236
THE LATEST YEAR OVER YEAR 

367
00:12:17,236 --> 00:12:20,439
READING IN APRIL WAS FOR THE 

368
00:12:20,439 --> 00:12:23,442
SEATTLE AREA PRICE INDEX WAS 

369
00:12:23,442 --> 00:12:24,343
4.9%, WHICH IS HISTORICALLY 

370
00:12:24,343 --> 00:12:26,579
HIGH. AND THEN WHEN YOU KIND OF 

371
00:12:26,579 --> 00:12:28,848
DIAL INTO SOME MORE DETAIL ABOUT

372
00:12:28,848 --> 00:12:30,983
WHAT THAT IS MEANING FOR THE 

373
00:12:30,983 --> 00:12:36,822
PRICES THAT PEOPLE ARE PAYING 

374
00:12:36,822 --> 00:12:38,491
FOR ESSENTIAL ITEMS, COMPARISON 

375
00:12:38,491 --> 00:12:42,194
APRIL 2019 TO THE APRIL READING 

376
00:12:42,194 --> 00:12:46,265
FOR 2026 FOR FOOD, WHICH WAS 40%

377
00:12:46,265 --> 00:12:53,706
HIGHER OR 5.7% ON AVERAGE 

378
00:12:53,706 --> 00:12:58,277
ANNUALLY, HOUSING, 39% INCREASE,

379
00:12:58,277 --> 00:12:59,011
5.6% ANNUALLY. TRANSPORTATION, 

380
00:12:59,011 --> 00:13:02,414
46%, 6.5% ANNUAL BASIS AND 

381
00:13:02,414 --> 00:13:04,984
TUITION, FEES, AND CHILDCARE, 3%

382
00:13:04,984 --> 00:13:06,986
ANNUAL INCREASE, SO THOSE ARE 

383
00:13:06,986 --> 00:13:07,920
ALL, AGAIN, HISTORICALLY HIGH 

384
00:13:07,920 --> 00:13:08,821
ANNUAL AVERAGES AND THEY HAVE 

385
00:13:08,821 --> 00:13:10,189
BEEN BUILDING FOR A NUMBER OF 

386
00:13:10,189 --> 00:13:10,890
YEARS SINCE THE PANDEMIC. SO 

387
00:13:10,890 --> 00:13:13,893
THAT IS KIND OF WHERE WE ARE 

388
00:13:13,893 --> 00:13:18,063
WITH REGARDS TO THESE KIND OF 

389
00:13:18,063 --> 00:13:19,231
ECONOMIC FUNDAMENTALS. REASONS 

390
00:13:19,231 --> 00:13:21,400
FOR THOSE, SO THERE ARE MANY 

391
00:13:21,400 --> 00:13:22,001
FOLD. OF COURSE, THE TARIFFS 

392
00:13:22,001 --> 00:13:24,136
THAT WERE INSTITUTED LAST YEAR 

393
00:13:24,136 --> 00:13:27,173
AT THE FEDERAL LEVEL HAVE 

394
00:13:27,173 --> 00:13:28,607
INCREASED TAXES ON IMPORTS. 

395
00:13:28,607 --> 00:13:29,875
THOSE CAN BE, OF COURSE, PASSED 

396
00:13:29,875 --> 00:13:32,311
THROUGH ONE OF THE WAYS THAT THE

397
00:13:32,311 --> 00:13:37,883
IMPORTERS CAN DEAL WITH THE 

398
00:13:37,883 --> 00:13:40,152
PRICES ARE PASS TO CONSUMERS. 

399
00:13:40,152 --> 00:13:41,787
THERE ARE SUPPLY CONSTRAINTS 

400
00:13:41,787 --> 00:13:43,556
WITH REGARDS TO HOUSING, NOT 

401
00:13:43,556 --> 00:13:44,423
ENOUGH HOUSING, THEREFORE, AND 

402
00:13:44,423 --> 00:13:47,293
THE DEMAND FOR THAT HOUSING IS 

403
00:13:47,293 --> 00:13:48,694
HIGH, WHICH KEEPS THE PRICES 

404
00:13:48,694 --> 00:13:51,063
HIGH. THEN MORE RECENTLY THE WAR

405
00:13:51,063 --> 00:13:53,966
IN THE MIDDLE EAST HAS ELEVATED 

406
00:13:53,966 --> 00:13:55,935
GAS PRICES AND THAT CONTINUES TO

407
00:13:55,935 --> 00:14:00,406
BE A STICKING POINT FOR THE 

408
00:14:00,406 --> 00:14:01,640
EXTENT OF THAT WAR CONTINUING. 

409
00:14:01,640 --> 00:14:03,142
THESE ARE NATIONAL TRENDS 

410
00:14:03,142 --> 00:14:04,210
OUTSIDE OF LOCAL POLICY CONTROL,

411
00:14:04,210 --> 00:14:07,446
BUT THEY, OF COURSE, IMPACT THE 

412
00:14:07,446 --> 00:14:10,249
PRICES THAT WE ALL PAY. THEN 

413
00:14:10,249 --> 00:14:14,286
TAXES AND FEES ARE BOTH A 

414
00:14:14,286 --> 00:14:16,388
FUNCTION OF THE PRICE INCREASES 

415
00:14:16,388 --> 00:14:17,823
AND ADDED TO THOSE PRICE 

416
00:14:17,823 --> 00:14:19,391
INCREASES. SO THEN WHEN YOU KIND

417
00:14:19,391 --> 00:14:22,027
OF THINK ABOUT, SO KIND OF THE 

418
00:14:22,027 --> 00:14:23,128
CONVERSATION ABOUT, WELL PRICES 

419
00:14:23,128 --> 00:14:24,096
ARE HIGH, WHAT ARE THE INCOMES 

420
00:14:24,096 --> 00:14:26,031
THAT ARE AVAILABLE TO PAY THOSE 

421
00:14:26,031 --> 00:14:28,567
PRICES? WHAT DO THOSE LOOK LIKE?

422
00:14:28,567 --> 00:14:31,203
THIS GRAPH HERE BASICALLY BREAKS

423
00:14:31,203 --> 00:14:33,939
DOWN FOR 2024 THE DISTRIBUTION 

424
00:14:33,939 --> 00:14:38,110
OF INCOMES IN THE SEATTLE AREA. 

425
00:14:38,110 --> 00:14:39,945
THIS IS JUST TAKEN FROM AMERICAN

426
00:14:39,945 --> 00:14:41,580
COMMUNITY SURVEY TABLES FROM THE

427
00:14:41,580 --> 00:14:43,682
UNITED STATES CENSUS BUREAU. AS 

428
00:14:43,682 --> 00:14:47,319
YOU CAN SEE FROM THIS, THIS 

429
00:14:47,319 --> 00:14:50,256
DISPLAY, THERE IS ABUNDANCE OF 

430
00:14:50,256 --> 00:14:51,690
HIGH INCOME HOUSEHOLDS IN 

431
00:14:51,690 --> 00:14:52,658
SEATTLE, ABOUT 30% OF HOUSEHOLDS

432
00:14:52,658 --> 00:14:57,529
IN SEATTLE HAVE AN INCOME OF 

433
00:14:57,529 --> 00:14:58,998
HIGHER THAN $200,000 PER YEAR. 

434
00:14:58,998 --> 00:15:00,266
SO IN TERMS OF AFFORDABILITY, 

435
00:15:00,266 --> 00:15:04,603
WHAT CAN BE AFFORDABLE FOR THOSE

436
00:15:04,603 --> 00:15:06,472
HOUSEHOLD S IS DIFFERENT THAN 

437
00:15:06,472 --> 00:15:07,539
WHAT MAY BE AFFORDABLE TO FOLK 

438
00:15:07,539 --> 00:15:13,245
WHOSE HAVE INCOMES ON THE LEFT 

439
00:15:13,245 --> 00:15:15,314
SIDE OF THIS SCALE. PARTICULARLY

440
00:15:15,314 --> 00:15:16,682
INCOME $59,000 AND BELOW. THIS 

441
00:15:16,682 --> 00:15:18,584
IS SORT OF DEPICTION OF WHAT YOU

442
00:15:18,584 --> 00:15:20,319
HAVE HEARD ABOUT THE K-SHAPED 

443
00:15:20,319 --> 00:15:22,454
ECONOMY, SO THERE ARE, KIND OF 

444
00:15:22,454 --> 00:15:23,789
DIVERGENCE IN THE ECONOMIC 

445
00:15:23,789 --> 00:15:25,124
SITUATION WHERE, AS OPPOSED TO 

446
00:15:25,124 --> 00:15:26,825
WHAT YOU ARE PROBABLY FAMILIAR 

447
00:15:26,825 --> 00:15:28,794
FROM STATISTICS CLASS IN SCHOOL,

448
00:15:28,794 --> 00:15:29,795
THE NORMAL DISTRIBUTION, WHERE 

449
00:15:29,795 --> 00:15:33,632
YOU HAVE KIND OF A HUMP IN THE 

450
00:15:33,632 --> 00:15:35,801
MIDDLE AND THE TAILS ON THE 

451
00:15:35,801 --> 00:15:37,903
EDGES ARE THINNER. SO, KIND OF 

452
00:15:37,903 --> 00:15:40,739
HAVE A VERY ROBUST MIDDLE, THAT 

453
00:15:40,739 --> 00:15:48,180
IS NOT THE CASE WITH OURS, IT IS

454
00:15:48,180 --> 00:15:49,415
SKEWED TO THE HIGHER INCOME. 

455
00:15:49,415 --> 00:15:53,152
THEN SINCE I HAVE BEEN TALKING 

456
00:15:53,152 --> 00:15:54,353
INCOMES AND MEDIAN INCOMES WHICH

457
00:15:54,353 --> 00:15:56,488
I WILL TOUCH ON LATE, I WANTED 

458
00:15:56,488 --> 00:15:57,890
TO GIVE INFORMATION ABOUT 

459
00:15:57,890 --> 00:15:58,691
COMPARATIVE INCOMES WITH REGARDS

460
00:15:58,691 --> 00:16:02,027
TO THE STATE AND WITH REGARDS TO

461
00:16:02,027 --> 00:16:04,129
THE SEATTLE AREA, BECAUSE THESE 

462
00:16:04,129 --> 00:16:09,802
ARE THE, KIND OF METRICS USED 

463
00:16:09,802 --> 00:16:10,636
FOR DETERMINING, FOR DIFFERENT 

464
00:16:10,636 --> 00:16:15,240
ASSISTANCE PROGRAMS IN THE STATE

465
00:16:15,240 --> 00:16:17,776
AND CITY. AS HOUSEHOLDS GET 

466
00:16:17,776 --> 00:16:19,878
LARGER, GENERALLY MEDIAN INCOMES

467
00:16:19,878 --> 00:16:22,348
GET HIGHER FOR THE AREA OR 

468
00:16:22,348 --> 00:16:25,718
SEATTLE MEDIAN INCOME, AND IN 

469
00:16:25,718 --> 00:16:27,486
GENERAL, OR IN ALL CASES, THE 

470
00:16:27,486 --> 00:16:31,123
SEATTLE AREA MEDIAN INCOME IS 

471
00:16:31,123 --> 00:16:32,257
HIGHER THAN THE STATE MEDIAN 

472
00:16:32,257 --> 00:16:36,495
INCOME. NOW I AM GOING TO DIG 

473
00:16:36,495 --> 00:16:40,432
INTO SOME OF OUR CITY TAXES IN 

474
00:16:40,432 --> 00:16:44,103
THE CONTEXT OF THE-- WHAT THOSE 

475
00:16:44,103 --> 00:16:45,671
BILLS ARE FOR TYPICAL 

476
00:16:45,671 --> 00:16:46,805
HOUSEHOLDS. SO THIS CHART KIND 

477
00:16:46,805 --> 00:16:48,507
OF DRAWS ON SOME INFORMATION 

478
00:16:48,507 --> 00:16:52,578
FROM THE KING COUNTY ASSESSOR 

479
00:16:52,578 --> 00:16:54,646
THAT SHOWS THE 2026 ANNUAL, SO 

480
00:16:54,646 --> 00:16:57,549
THIS IS THE TOTAL FULL YEAR TAX 

481
00:16:57,549 --> 00:16:59,551
BILL FOR PROPERTY TAXES FOR BOTH

482
00:16:59,551 --> 00:17:00,719
A MEDIAN ASSESSED VALUE HOME ON 

483
00:17:00,719 --> 00:17:03,255
THE LEFT, SO THIS IS KIND OF 

484
00:17:03,255 --> 00:17:05,624
LIKE THE MIDDLE HOME OF ALL 

485
00:17:05,624 --> 00:17:07,459
OWNED PROPERTY, AND THEN THE 

486
00:17:07,459 --> 00:17:12,664
AVERAGE RENTAL, WHICH IS ABOUT 

487
00:17:12,664 --> 00:17:14,299
ON A MONTHLY BASIS, $2,098, I 

488
00:17:14,299 --> 00:17:17,002
GOT THAT OFF THE WEB, TO 

489
00:17:17,002 --> 00:17:18,137
GENERATE THIS GRAPH. AGAIN, 

490
00:17:18,137 --> 00:17:21,306
THESE ARE BOTH FULL YEAR ANNUAL 

491
00:17:21,306 --> 00:17:22,007
AMOUNTS. FOR THE MEDIAN HOUSE, 

492
00:17:22,007 --> 00:17:25,377
THE ANNUAL TAX BILL ACROSS ALL 

493
00:17:25,377 --> 00:17:29,915
OF THE JURISDICTIONS, SO, CITY, 

494
00:17:29,915 --> 00:17:33,752
STATE, COUNTY, SPECIAL DISTRICS,

495
00:17:33,752 --> 00:17:38,123
IS $8,254 IN 2026. THE CITY'S 

496
00:17:38,123 --> 00:17:40,058
SHARE IS 35%, OR $2,871. THE BOX

497
00:17:40,058 --> 00:17:42,928
IN THE ORANGE. THEN WHEN YOU 

498
00:17:42,928 --> 00:17:45,564
LOOK TO THE RIGHT SIDE, THE TAX 

499
00:17:45,564 --> 00:17:49,835
BILL FOR THE AVERAGE RENTAL IS 

500
00:17:49,835 --> 00:17:53,038
$3,821. THE CITY'S SHARE BEING 

501
00:17:53,038 --> 00:17:54,940
LITTLE OVER $1,000 A YEAR. THAT,

502
00:17:54,940 --> 00:17:57,743
AGAIN, THESE ARE JUST KIND OF 

503
00:17:57,743 --> 00:17:59,678
MIDDLE OF THE PACK, AVERAGES, 

504
00:17:59,678 --> 00:18:00,879
MEDIAN VALUES, BUT IT GIVES YOU 

505
00:18:00,879 --> 00:18:04,249
A SENSE OF, YOU KNOW, WHAT THE 

506
00:18:04,249 --> 00:18:09,988
TYPICAL BILL IS FOR EITHER AN 

507
00:18:09,988 --> 00:18:10,823
OWNED PROPERTY OR RENTAL 

508
00:18:10,823 --> 00:18:12,624
PROPERTY. SO SINCE I SHOWED YOU 

509
00:18:12,624 --> 00:18:14,460
THE GRAPH SHOWING DISTRIBUTION, 

510
00:18:14,460 --> 00:18:17,296
PARTICULARLY WITH THE SKEWED TO 

511
00:18:17,296 --> 00:18:18,063
HIGHER INCOME HOUSEHOLDS, I 

512
00:18:18,063 --> 00:18:22,901
WANTED TO KIND OF PUT THAT 

513
00:18:22,901 --> 00:18:24,603
RENTAL HOUSE, RENTAL HOUSING IN 

514
00:18:24,603 --> 00:18:26,538
CONTEXT. THIS IS INFORMATION I 

515
00:18:26,538 --> 00:18:28,707
TOOK FROM HOUSING AND URBAN 

516
00:18:28,707 --> 00:18:30,108
DEVELOPMENT WEBSITE THAT SHOWS 

517
00:18:30,108 --> 00:18:32,878
KIND OF THE LEVEL OF COST BURDEN

518
00:18:32,878 --> 00:18:34,446
FOR HOUSEHOLDS AT DIFFERENT 

519
00:18:34,446 --> 00:18:35,581
INCOME LEVELS. SO THERE IS-- I 

520
00:18:35,581 --> 00:18:38,350
HAVE DRAWN TWO LINES HERE 

521
00:18:38,350 --> 00:18:40,385
SHOWING COST BURDEN, WHICH IS 

522
00:18:40,385 --> 00:18:43,322
THE HOUSING COST IS 30% OR MORE 

523
00:18:43,322 --> 00:18:49,361
OF YOUR INCOME, OR IN THE RED, 

524
00:18:49,361 --> 00:18:51,730
ABOVE IT AT 50%, WHAT DENOTES 

525
00:18:51,730 --> 00:18:55,767
SEVERELY COST BURDEN, THAT MEANS

526
00:18:55,767 --> 00:18:56,902
RENTAL PAYMENT IS 50% OF YOUR 

527
00:18:56,902 --> 00:18:59,071
ANNUAL INCOME. AS YOU CAN SEE, 

528
00:18:59,071 --> 00:19:04,309
THERE IS A VERY SIGNIFICANT 

529
00:19:04,309 --> 00:19:10,916
PORTION, OVER 70% IN THE 

530
00:19:10,916 --> 00:19:13,452
SEVERELY COST BURDENED CATEGORY.

531
00:19:13,452 --> 00:19:15,754
MOST RENTER HOUSEHOLDS WITH 

532
00:19:15,754 --> 00:19:17,289
INCOMES BELOW $75,000 ARE AT 

533
00:19:17,289 --> 00:19:19,124
MINIMUM COST BURDENED, IF NOT 

534
00:19:19,124 --> 00:19:21,093
ALSO SEVERELY COST BURDENED. SO,

535
00:19:21,093 --> 00:19:25,731
AGAIN, THIS GIVES A CONTEXT OF 

536
00:19:25,731 --> 00:19:32,204
HOW THAT RENTAL PROPERTY TAX 

537
00:19:32,204 --> 00:19:33,805
BILL HITS ALONG THE SPECTRUM. 

538
00:19:33,805 --> 00:19:34,973
SIMILAR INFORMATION FOR THE 

539
00:19:34,973 --> 00:19:36,275
RETAIL SALES TAX, ONE OF OUR 

540
00:19:36,275 --> 00:19:38,377
OTHER MAJOR REVENUE SOURCES HERE

541
00:19:38,377 --> 00:19:41,547
AT THE CITY, THIS IS JUST FOR 

542
00:19:41,547 --> 00:19:44,650
KIND OF A MEDIAN INCOME 

543
00:19:44,650 --> 00:19:45,617
HOUSEHOLD, WHICH IS $123,000, IT

544
00:19:45,617 --> 00:19:46,752
DOESN'T TELL YOU HOW MANY 

545
00:19:46,752 --> 00:19:49,288
PEOPLE ARE IN THE HOUSEHOLD, IT 

546
00:19:49,288 --> 00:19:51,490
IS JUST THE MIDDLE, THE MIDDLE 

547
00:19:51,490 --> 00:19:55,160
TAXPAYER, AND IT SHOWS THAT THE 

548
00:19:55,160 --> 00:19:57,429
ESTIMATED SALES TAX BILL IS 

549
00:19:57,429 --> 00:20:02,234
$2,414, OF WHICH THE CITY SHARES

550
00:20:02,234 --> 00:20:05,637
$286. THE LARGEST SHARE IS FROM 

551
00:20:05,637 --> 00:20:06,905
THE STATE, $1,500, LITTLE SHY OF

552
00:20:06,905 --> 00:20:13,712
THAT IN TERMS OF THEIR ANNUAL 

553
00:20:13,712 --> 00:20:15,814
CUT OF THE SALES TAX BILL. 

554
00:20:15,814 --> 00:20:18,717
SOMEWHAT SIMILARLY, SO THIS IS 

555
00:20:18,717 --> 00:20:20,052
INFORMATION I PULLED FROM GROUP 

556
00:20:20,052 --> 00:20:21,820
CALLED THE INSTITUTE ON TAXATION

557
00:20:21,820 --> 00:20:24,189
AND ECONOMIC POLICY, THEY DO 

558
00:20:24,189 --> 00:20:26,525
THIS KIND OF REGULAR ANALYSIS OF

559
00:20:26,525 --> 00:20:30,362
THE TAXES FOR ALL THE 50 STATES,

560
00:20:30,362 --> 00:20:32,064
AND HOW THERE ARE DIFFERENT TAX 

561
00:20:32,064 --> 00:20:33,365
STRUCTURES, RELATE TO THE INCOME

562
00:20:33,365 --> 00:20:35,267
OF THE FOLKS THAT PAY THOSE 

563
00:20:35,267 --> 00:20:37,436
TAXES. THIS IS SPECIFICALLY THE 

564
00:20:37,436 --> 00:20:39,571
SALES TAX AND IT IS A WASHINGTON

565
00:20:39,571 --> 00:20:41,773
CHART, BUT YOU CAN GENERALLY, 

566
00:20:41,773 --> 00:20:43,342
YOU KNOW, GENERALLY IT WILL BE 

567
00:20:43,342 --> 00:20:44,977
CONSISTENT AS YOU GO DOWN TO 

568
00:20:44,977 --> 00:20:48,280
KIND OF THE SEATTLE LEVEL, AND 

569
00:20:48,280 --> 00:20:50,215
IT SHOWS THAT AS YOU GET A 

570
00:20:50,215 --> 00:20:53,652
HIGHER INCOME, THE AMOUNT OF 

571
00:20:53,652 --> 00:20:54,753
SALES TAXES YOU PAY PER YEAR 

572
00:20:54,753 --> 00:20:57,823
DECLINES AS A PERCENT OF THE 

573
00:20:57,823 --> 00:21:04,262
INCOME. JUST TO LOOK AT THE ENDS

574
00:21:04,262 --> 00:21:09,001
OF CHART , THE SALES TAX IS 

575
00:21:09,001 --> 00:21:11,570
4.5%, SO TOTAL SALES TAX IS 4.5%

576
00:21:11,570 --> 00:21:14,339
OF YOUR ANNUAL INCOME. WHEN YOU 

577
00:21:14,339 --> 00:21:16,241
ARE AT THE $878,000 AND ABOVE, 

578
00:21:16,241 --> 00:21:20,612
IT DECLINES TO LESS THAN HALF A 

579
00:21:20,612 --> 00:21:22,114
PERCENT. SO, THIS IS THE 

580
00:21:22,114 --> 00:21:24,783
EFFECTIVE TAX RATE IN TAX POLICY

581
00:21:24,783 --> 00:21:26,251
TERMS, AND ALSO IT JEN REL 

582
00:21:26,251 --> 00:21:29,288
SHOWS, I AM SURE YOU HAVE HEARD 

583
00:21:29,288 --> 00:21:35,294
THE CONCEPT THAT SEATTLE HAS, OR

584
00:21:35,294 --> 00:21:41,266
SALES TAX IS REGRESSIVE TAX. YOU

585
00:21:41,266 --> 00:21:44,803
HAVE NOMINAL, TOTAL IS 10.5% 

586
00:21:44,803 --> 00:21:45,570
INCLUDING ALL JURISDICTIONS BUT 

587
00:21:45,570 --> 00:21:47,039
WHEN YOU BREAK THAT DOWN IN 

588
00:21:47,039 --> 00:21:48,440
TERMS OF WHAT PEOPLE BUY AND HOW

589
00:21:48,440 --> 00:21:51,276
THAT IS IS A PERCENTAGE OF THE 

590
00:21:51,276 --> 00:21:52,244
INCOME, IT IS ESSENTIALLY A 

591
00:21:52,244 --> 00:21:55,847
HIGHER PERCENTAGE OF INCOME THE 

592
00:21:55,847 --> 00:21:58,083
LOWER YOU GET IN INCOME. IN THE 

593
00:21:58,083 --> 00:21:59,251
INCOME BRACKET. THE EFFECTIVE 

594
00:21:59,251 --> 00:22:02,287
TAX RATE ON A HOUSEHOLD INCOME 

595
00:22:02,287 --> 00:22:08,460
BELOW $33,000 IS NINE TIMES THAT

596
00:22:08,460 --> 00:22:11,830
THE HOUSEHOLD AT $878,000 AND 

597
00:22:11,830 --> 00:22:14,800
ABOVE. SO I WANT TO WRAP UP WITH

598
00:22:14,800 --> 00:22:16,435
SOME RELIEF PROGRAMS THAT ARE 

599
00:22:16,435 --> 00:22:18,937
CURRENTLY AVAILABLE, GIVEN THIS 

600
00:22:18,937 --> 00:22:20,772
INFORMATION I HAVE SHARED. ONE, 

601
00:22:20,772 --> 00:22:23,275
FOR PROPERTY TAXES THERE ARE 

602
00:22:23,275 --> 00:22:24,910
EXEMPTTIONS FOR SENIORS, PEOPLE 

603
00:22:24,910 --> 00:22:27,713
WITH DISABILITIES, THEY ALL HAVE

604
00:22:27,713 --> 00:22:32,217
AN INCOME BASIS APPLIED AS WELL.

605
00:22:32,217 --> 00:22:33,051
ASSISTANCE FOR WIDOWS, WIDOWERS,

606
00:22:33,051 --> 00:22:34,386
WIDOWERS OF VETERANS AND 

607
00:22:34,386 --> 00:22:36,822
DEFERRALS BASED ON INCOME, AGE, 

608
00:22:36,822 --> 00:22:37,723
OR DISABLED STATUS. THE 

609
00:22:37,723 --> 00:22:41,126
DIFFERENCES, THE PROGRAMS ON THE

610
00:22:41,126 --> 00:22:43,662
TOP ARE MORE KIND OF GRANTS, 

611
00:22:43,662 --> 00:22:46,064
DON'T NEED TO BE PAID BACK. THE

612
00:22:46,064 --> 00:22:46,998
DEFERRAL PROGRAM, ON THE OTHER 

613
00:22:46,998 --> 00:22:48,967
HAND, IS SOMETHING WHERE IT IS 

614
00:22:48,967 --> 00:22:54,406
DEFERRED UNTIL THE PROPERTY IS 

615
00:22:54,406 --> 00:22:55,674
SOLD OR THE RESIDENT DIES. FOR 

616
00:22:55,674 --> 00:22:57,442
SALES TAXES THERE AREN'T 

617
00:22:57,442 --> 00:22:58,276
SPECIFIC RELIEF PROGRAMS, 

618
00:22:58,276 --> 00:23:01,580
HOWEVER, THE WAY THAT THE TAX IS

619
00:23:01,580 --> 00:23:03,448
STRUCTURED PROVIDES SOME KIND OF

620
00:23:03,448 --> 00:23:05,584
BUILT-IN RELIEF, THINGS LIKE 

621
00:23:05,584 --> 00:23:07,819
RENT, MORTGAGE PAYMENTS, FOOD 

622
00:23:07,819 --> 00:23:09,988
FOR AT-HOME CONSUMPTION, BOUGHT 

623
00:23:09,988 --> 00:23:13,959
AT THE GROCERY STORE, 

624
00:23:13,959 --> 00:23:15,327
PRESCRIPTION DRUGS, UTILITIES, 

625
00:23:15,327 --> 00:23:17,829
NONE OF THESE ARE CONSIDERED. 

626
00:23:17,829 --> 00:23:19,231
FOR THE ESSENTIAL ITEMS 

627
00:23:19,231 --> 00:23:23,668
HOUSEHOLDS AREN'T PAYING SALES 

628
00:23:23,668 --> 00:23:25,303
TAX ON THOSE PURCHASES. AS 

629
00:23:25,303 --> 00:23:26,805
PROMISED, BRIEF PRESENTATION, 

630
00:23:26,805 --> 00:23:28,840
JUST COVERED SOME REAL HIGHLIFE 

631
00:23:28,840 --> 00:23:31,109
LEVEL PIECES OF DATA, AND HAPPY 

632
00:23:31,109 --> 00:23:33,145
TO HELPWER ANY QUESTIONS. 

633
00:23:33,145 --> 00:23:37,549
&gt;&gt; AWESOME. THANK YOU, TOM. I 

634
00:23:37,549 --> 00:23:39,451
KNOW THAT I WILL-- I APOLOGIZE 

635
00:23:39,451 --> 00:23:40,385
TO COUNCIL MEMBER STRAUSS, I 

636
00:23:40,385 --> 00:23:41,820
DIDN'T TURN TO YOU FOR ANY 

637
00:23:41,820 --> 00:23:42,754
OPENING COMMENTS YOU WOULD LIKE,

638
00:23:42,754 --> 00:23:44,856
SO I WILL GO TO YOU FIRST, IF 

639
00:23:44,856 --> 00:23:47,292
THAT IS-- I DON'T WANT TO PUT 

640
00:23:47,292 --> 00:23:50,362
YOU ON THE SPOT, THOUGH. I 

641
00:23:50,362 --> 00:23:50,962
APOLOGIZE. OKAY. NEVER MIND. 

642
00:23:50,962 --> 00:23:53,031
&gt;&gt; I APPRECIATE YOU, COUNCIL 

643
00:23:53,031 --> 00:23:54,966
PRESIDENT, AND, TOM, AND CALVIN,

644
00:23:54,966 --> 00:23:56,802
I REALLY APPRECIATE THE 

645
00:23:56,802 --> 00:23:57,469
PRESENTATION TODAY. IT EXPLAINS 

646
00:23:57,469 --> 00:23:59,271
WITH DATA THE EXPERIENCE THAT I 

647
00:23:59,271 --> 00:24:03,675
HAVE HAD HERE IN OUR CITY WITH 

648
00:24:03,675 --> 00:24:05,043
EVERYTHING IS GETTING MORE 

649
00:24:05,043 --> 00:24:07,479
EXPENSIVE, AND AND EVERYONE IS 

650
00:24:07,479 --> 00:24:09,181
MORE BURDENED BY COST. I WAS 

651
00:24:09,181 --> 00:24:15,453
WONDERING IF WE COULD TICK BACK 

652
00:24:15,453 --> 00:24:20,158
TO JUST SLIDE ONE, JUST IN A 

653
00:24:20,158 --> 00:24:20,992
CONVERSATION HERE, CPI IS 

654
00:24:20,992 --> 00:24:26,698
GENERALLY INFLATION, IS THERE A 

655
00:24:26,698 --> 00:24:28,967
BETTER WAY TO UNDERSTAND CPI? 

656
00:24:28,967 --> 00:24:31,870
&gt;&gt; DIDN'T HAVE MY SOUND ON. IT 

657
00:24:31,870 --> 00:24:32,938
IS ESSENTIALLY JUST INCREASES IN

658
00:24:32,938 --> 00:24:35,807
PRICES, SO THIS IS KIND OF THE 

659
00:24:35,807 --> 00:24:37,342
CONSUMER PRICE INDEX, SO THE 

660
00:24:37,342 --> 00:24:39,444
PRICES PAID BY YOU AND ME AS WE 

661
00:24:39,444 --> 00:24:41,780
GO TO REGIONAL STORES TO BUY 

662
00:24:41,780 --> 00:24:44,282
THINGS, SO IT IS JUST A MEASURE 

663
00:24:44,282 --> 00:24:48,620
OF YEAR OVER YEAR, MONTH OVER 

664
00:24:48,620 --> 00:24:49,521
MONTH, HOW THOSE PRICES HAVE 

665
00:24:49,521 --> 00:24:49,788
CHANGED. 

666
00:24:49,788 --> 00:24:51,890
&gt;&gt; IT IS THE PRICES, SO YOU CAN 

667
00:24:51,890 --> 00:24:52,924
CONSIDER IT THE COST OF 

668
00:24:52,924 --> 00:24:54,793
INFLATION, YOU CAN LOOK AT IT IS

669
00:24:54,793 --> 00:24:55,660
HERE IS WHY THIS COSTS 

670
00:24:55,660 --> 00:24:59,631
DIFFERENTLY THAN IT DID IN THE 

671
00:24:59,631 --> 00:25:01,733
PAST. SO ALL OF THE INDEX TERMS,

672
00:25:01,733 --> 00:25:03,935
THEY-- IT IS THE RATIO THAT 

673
00:25:03,935 --> 00:25:05,604
MATTERS, NOT THE NUMBER ITSELF. 

674
00:25:05,604 --> 00:25:09,107
&gt;&gt; YEP. THANK YOU. THAT IS VERY 

675
00:25:09,107 --> 00:25:10,842
HELPFUL. I WOULD ASSUME THAT 

676
00:25:10,842 --> 00:25:12,244
THESE ANNUAL AVERAGES ALSO APPLY

677
00:25:12,244 --> 00:25:13,745
TO THE GOODS THAT GOVERNMENT IS 

678
00:25:13,745 --> 00:25:15,313
BUYING ON BEHALF OF OUR 

679
00:25:15,313 --> 00:25:16,181
RESIDENTS, IS THAT A FAIR-- I 

680
00:25:16,181 --> 00:25:18,483
KNOW THAT IS NOT THE SCOPE OF 

681
00:25:18,483 --> 00:25:19,584
YOUR PRESENTATION TODAY, BUT-- 

682
00:25:19,584 --> 00:25:21,686
&gt;&gt; YEAH, THERE WOULD BE A 

683
00:25:21,686 --> 00:25:23,555
DIFFERENT NUMBER FOR DIFFERENT 

684
00:25:23,555 --> 00:25:24,856
CATEGORIES OF SPENDING, YOU 

685
00:25:24,856 --> 00:25:26,725
KNOW, BLENDED WITH ALL THE SAME 

686
00:25:26,725 --> 00:25:27,792
YIR, THEY DO THEM BY 

687
00:25:27,792 --> 00:25:30,528
METROPOLITAN AREAS, SO I BELIEVE

688
00:25:30,528 --> 00:25:32,530
IT IS SEATTLE, TACOMA, 

689
00:25:32,530 --> 00:25:33,965
BREMERTON, SORT OF LARGER SMA, 

690
00:25:33,965 --> 00:25:34,366
BUT, YEAH. 

691
00:25:34,366 --> 00:25:35,433
&gt;&gt; I CAN'T MISS AN OPPORTUNITY 

692
00:25:35,433 --> 00:25:41,339
TO SAY THAT WHEN WE ARE ONLY 

693
00:25:41,339 --> 00:25:44,576
ALLOWED TO INCREASE OUR PROPERTY

694
00:25:44,576 --> 00:25:47,846
TAX INCOME BY 1% PLUS NEW 

695
00:25:47,846 --> 00:25:49,481
GROWTH, THIS PLUS NEW 

696
00:25:49,481 --> 00:25:50,548
CONSTRUCTION, THIS DEMONSTRATES 

697
00:25:50,548 --> 00:25:52,884
TO US WHY AND HOW EVERY ONE OF 

698
00:25:52,884 --> 00:25:55,554
OUR DOLLARS DOES NOT GO AS FAR 

699
00:25:55,554 --> 00:26:01,393
AS NEXT YEAR AS IT DID LAST 

700
00:26:01,393 --> 00:26:02,394
YEAR. THIS IS DEMONSTRATING HOW 

701
00:26:02,394 --> 00:26:04,529
MUCH COST OF LIVING HAS 

702
00:26:04,529 --> 00:26:07,465
INCREASED HERE IN OUR CITY. IF 

703
00:26:07,465 --> 00:26:09,367
YOU COULD MOVE TO SLIDE THREE, 

704
00:26:09,367 --> 00:26:13,204
AND I WILL KEEP IT BRIEF, 

705
00:26:13,204 --> 00:26:14,739
COUNCIL PRESIDENT, THIS IS 

706
00:26:14,739 --> 00:26:15,473
REALLY IMPORTANT DATA FOR US TO 

707
00:26:15,473 --> 00:26:17,943
RECKON WITH, BECAUSE THIS IS NOT

708
00:26:17,943 --> 00:26:20,211
THE DATA OF THE CITY THAT I GREW

709
00:26:20,211 --> 00:26:23,248
UP IN. IT IS OKAY FOR THINGS TO 

710
00:26:23,248 --> 00:26:27,252
NOT STAY THE SAME, CHANGE IS THE

711
00:26:27,252 --> 00:26:28,987
ONLY CONSTANT THAT WE HAVE IN 

712
00:26:28,987 --> 00:26:32,490
THE WORLD, BUT WHEN THE CHANGE 

713
00:26:32,490 --> 00:26:34,559
IS WHERE SO MANY PEOPLE ARE 

714
00:26:34,559 --> 00:26:36,061
MAKING SO MUCH MORE THAN 

715
00:26:36,061 --> 00:26:38,463
EVERYBODY ELSE, THAT IS WHERE WE

716
00:26:38,463 --> 00:26:40,165
HAVE STRIFE AND STRIATION AND 

717
00:26:40,165 --> 00:26:41,166
PROBLEMS. DO YOU HAVE-- AND I 

718
00:26:41,166 --> 00:26:43,568
SHOULD HAVE ASKED YOU THIS 

719
00:26:43,568 --> 00:26:45,070
BEFORE WE CAME TO COMMITTEE-- DO

720
00:26:45,070 --> 00:26:48,940
YOU HAVE THE SAME DATA FOR, SAY,

721
00:26:48,940 --> 00:26:52,510
2004? NOT OFF THE TOP OF YOUR 

722
00:26:52,510 --> 00:26:55,046
HEAD, NOT RIGHT HERE FOR 

723
00:26:55,046 --> 00:26:55,347
COMMITTEE. 

724
00:26:55,347 --> 00:26:56,615
&gt;&gt; I IMAGINE, YES, I WOULD FIND 

725
00:26:56,615 --> 00:26:56,815
THAT. 

726
00:26:56,815 --> 00:26:57,549
&gt;&gt; I THINK IT WOULD BE 

727
00:26:57,549 --> 00:26:59,084
INTERESTING FOR US TO GO BACK 

728
00:26:59,084 --> 00:27:03,521
AND LOOK AT HOW THE LAST 20 

729
00:27:03,521 --> 00:27:04,589
YEARS HAS SHAPED OUR CITY, SORRY

730
00:27:04,589 --> 00:27:07,425
I AM GOING TO KEEP BRINGING IT 

731
00:27:07,425 --> 00:27:08,893
BACK TO THE BUDGET CONVERSATION 

732
00:27:08,893 --> 00:27:10,729
BUT BETWEEN 2010 AND 2019 

733
00:27:10,729 --> 00:27:11,563
SEATTLE WAS THE FASTEST GROWING 

734
00:27:11,563 --> 00:27:13,665
CITY IN THE NATION, WHICH IS HOW

735
00:27:13,665 --> 00:27:15,867
WE STARTED USING ONE-TIME FUNDS 

736
00:27:15,867 --> 00:27:17,502
TO PROVIDE THE FUNDING FOR 

737
00:27:17,502 --> 00:27:19,804
ONGOING PROGRAMS IN OUR CITY, WE

738
00:27:19,804 --> 00:27:21,906
HAVE HAD A GROWING POPULATION, 

739
00:27:21,906 --> 00:27:23,842
WE HAD GROWING AND CHANGING 

740
00:27:23,842 --> 00:27:25,310
NEEDS. WE, AS YOU JUST HEARD, 

741
00:27:25,310 --> 00:27:27,278
ARE NOT ABLE TO USE EVERY DOLLAR

742
00:27:27,278 --> 00:27:30,949
THIS YEAR AS FAR AS-- NEXT YEAR,

743
00:27:30,949 --> 00:27:32,417
AS WE DID THIS YEAR. WE HAVE TO 

744
00:27:32,417 --> 00:27:35,353
BE ABLE TO ADDRESS OUR GROWING 

745
00:27:35,353 --> 00:27:36,321
POPULATION, OUR GROWING NEEDS, 

746
00:27:36,321 --> 00:27:37,655
AND THEN, ALSO, WE NEED TO 

747
00:27:37,655 --> 00:27:40,392
RECKON WITH THE FACT WE WERE 

748
00:27:40,392 --> 00:27:42,227
USING ONE-TIME FUNDS FOR ONGOING

749
00:27:42,227 --> 00:27:43,895
PROGRAMS. BUT IT WOULD BE 

750
00:27:43,895 --> 00:27:46,831
INTERESTING FOR ME TO KNOW WHAT 

751
00:27:46,831 --> 00:27:50,168
THE CHANGE HAS BEEN FOR INCOME 

752
00:27:50,168 --> 00:27:51,636
LEVELS OVER 20 YEARS, BECAUSE I 

753
00:27:51,636 --> 00:27:53,104
THINK, COLLEAGUES, IT WILL PAINT

754
00:27:53,104 --> 00:27:54,506
THE PICTURE A LITTLE BIT MORE 

755
00:27:54,506 --> 00:27:58,443
CLEARLY ON WHOM WE NEED TO SERVE

756
00:27:58,443 --> 00:27:59,811
THE MOST IN OUR CITY BECAUSE 

757
00:27:59,811 --> 00:28:01,012
THIS WAS NOT NECESSARILY THE 

758
00:28:01,012 --> 00:28:03,114
CITY THAT I GREW UP IN. AND THAT

759
00:28:03,114 --> 00:28:06,684
IS, AGAIN, IT IS OKAY, AND WE 

760
00:28:06,684 --> 00:28:08,787
HAVE TO PROTECT THE PEOPLE WHO 

761
00:28:08,787 --> 00:28:09,888
HAVE NOT NECESSARILY CHANGED 

762
00:28:09,888 --> 00:28:10,855
WITH THE CHANGING CITY, BECAUSE 

763
00:28:10,855 --> 00:28:14,859
IT IS NOT OKAY FOR US JUST TO 

764
00:28:14,859 --> 00:28:18,596
PUSH THEM OUT. FOR SLIDE NUMBER 

765
00:28:18,596 --> 00:28:22,167
FOUR, I KNOW THIS IS-- CAN YOU 

766
00:28:22,167 --> 00:28:23,501
PROVIDE MORE CONTEXT, IS THIS 

767
00:28:23,501 --> 00:28:26,171
JUST MEDIAN INCOME AND THAT IS 

768
00:28:26,171 --> 00:28:29,307
IT? SO WHEN WE ARE TALKING 80% 

769
00:28:29,307 --> 00:28:30,041
MEDIAN INCOME, 70% MEDIAN 

770
00:28:30,041 --> 00:28:31,376
INCOME, THAT IS JUST DROPPING 

771
00:28:31,376 --> 00:28:32,410
DOWN FROM HERE, IS THAT CORRECT?

772
00:28:32,410 --> 00:28:34,379
&gt;&gt; YEAH, THAT IS CORRECT. THIS 

773
00:28:34,379 --> 00:28:36,214
IS JUST BASICALLY SHOWING HOW 

774
00:28:36,214 --> 00:28:37,782
THE MEDIAN INCOMES COMPARE THE 

775
00:28:37,782 --> 00:28:39,250
MEASURES FOR THE STATE VERSES 

776
00:28:39,250 --> 00:28:41,753
LOCAL AND THEN, AS YOU INCREASE 

777
00:28:41,753 --> 00:28:44,456
THE SIZE OF HOUSEHOLD, AND THEN 

778
00:28:44,456 --> 00:28:46,391
AS YOU INDICATED, THE 

779
00:28:46,391 --> 00:28:48,660
PERCENTAGES WOULD BE OF THESE 

780
00:28:48,660 --> 00:28:51,196
VALUES, LARGELY THAT IS USED FOR

781
00:28:51,196 --> 00:28:51,830
DETERMINING ELIGIBILITY FOR 

782
00:28:51,830 --> 00:28:53,131
ASSISTANCE PROGRAMS AND THAT 

783
00:28:53,131 --> 00:28:55,200
TYPE OF THING. IT CAN DEPEND ON 

784
00:28:55,200 --> 00:28:56,701
YOUR HOUSEHOLD SIZE, OFTEN TIMES

785
00:28:56,701 --> 00:29:00,705
THEY ARE PEGGED TO THE STATE AND

786
00:29:00,705 --> 00:29:02,607
OUR RESIDENTS ARE MAYBE NOT ABLE

787
00:29:02,607 --> 00:29:05,643
TO TAKE ADVANTAGE OF THEM, IF WE

788
00:29:05,643 --> 00:29:07,178
AREN'T ABLE TO USE AREA MEDIAN.

789
00:29:07,178 --> 00:29:09,547
&gt;&gt; I WILL TAKE THIS MOMENT TO 

790
00:29:09,547 --> 00:29:10,715
HIGHLIGHT SOMETHING I HAVE 

791
00:29:10,715 --> 00:29:12,350
TALKED TO MANY OF YOU ABOUT, 

792
00:29:12,350 --> 00:29:17,222
WHICH IS THAT WHEN WE ARE 

793
00:29:17,222 --> 00:29:18,923
TALKING ABOUT HOUSING, USING 

794
00:29:18,923 --> 00:29:21,593
AFFORDABLE HOUSING DOLLARS, THAT

795
00:29:21,593 --> 00:29:22,927
SOMETIMES WE NEED TO BE, I WILL 

796
00:29:22,927 --> 00:29:24,629
SAY IT IN ANOTHER WAY, WE HAVE 

797
00:29:24,629 --> 00:29:28,633
SPENT A LOT OF MONEY PROVIDING 

798
00:29:28,633 --> 00:29:31,035
ONE BEDROOM UNITS THAT WHEN WE 

799
00:29:31,035 --> 00:29:33,438
USE THESE MEDIAN INCOME METRICS,

800
00:29:33,438 --> 00:29:35,907
THESE ONE BEDROOM UNITS ARE NOT 

801
00:29:35,907 --> 00:29:38,409
FAR ENOUGH DIFFERENT FROM MARKET

802
00:29:38,409 --> 00:29:40,411
RATE COSTS OF APARTMENTS THAT, I

803
00:29:40,411 --> 00:29:41,646
BELIEVE, IS MAKING A MEANINGFUL 

804
00:29:41,646 --> 00:29:42,981
ENOUGH DIFFERENCE IN OUR RENTAL 

805
00:29:42,981 --> 00:29:45,750
MARKET AT THIS TIME. WE HAVE 

806
00:29:45,750 --> 00:29:47,819
SPENT A DECADE CATCHING UP TO 

807
00:29:47,819 --> 00:29:49,654
WHERE WE WERE IN THAT 

808
00:29:49,654 --> 00:29:50,455
HIGH-GROWTH PERIOD THAT 

809
00:29:50,455 --> 00:29:51,623
DISPLACED A LOT OF PEOPLE, AND 

810
00:29:51,623 --> 00:29:53,758
WE HAVE DONE LOT OF REALLY GOOD 

811
00:29:53,758 --> 00:29:56,227
WORK, BUT AS I TALKED TO COUNCIL

812
00:29:56,227 --> 00:29:57,629
MEMBER FOSTER AND OTHERS, THERE 

813
00:29:57,629 --> 00:29:59,931
IS-- I HAVE SEEN MANY DIFFERENT 

814
00:29:59,931 --> 00:30:00,498
CONVERSATIONS ABOUT HOUSING 

815
00:30:00,498 --> 00:30:01,699
DOLLARS ALL NIPPING AROUND THE 

816
00:30:01,699 --> 00:30:03,568
EDGES AND IT SEEMS WE JUST NEED 

817
00:30:03,568 --> 00:30:04,869
TO HAVE ONE LARGE CONVERSATION 

818
00:30:04,869 --> 00:30:08,373
BECAUSE OF HOW MUCH THINGS HAVE 

819
00:30:08,373 --> 00:30:09,574
CHANGED, RATHER THAN DOING 

820
00:30:09,574 --> 00:30:11,276
THINGS PEACE MEAL. BUT I USE THE

821
00:30:11,276 --> 00:30:13,545
SLIDE TO DEMONSTRATION THAT EVEN

822
00:30:13,545 --> 00:30:17,515
WHEN WE ARE TALKING ABOUT 80% 

823
00:30:17,515 --> 00:30:19,684
AREA MEDIAN INCOME, IT IS NOT 

824
00:30:19,684 --> 00:30:22,387
ENOUGH FOR HOUSING, BUT I WILL 

825
00:30:22,387 --> 00:30:25,056
SWITCH IN THAT, USING THE SAME 

826
00:30:25,056 --> 00:30:26,691
NARRATIVE THERE ON SLIDE SIX, 

827
00:30:26,691 --> 00:30:31,496
WHICH IS WHEN WE PROVIDE RELIEF 

828
00:30:31,496 --> 00:30:32,397
PROGRAMS, SOMETIMES 80% MEDIAN 

829
00:30:32,397 --> 00:30:33,364
INCOME ISN'T ENOUGH. COUNCIL 

830
00:30:33,364 --> 00:30:35,433
PRESIDENT AND I HAVE BEEN 

831
00:30:35,433 --> 00:30:38,436
WORKING ON IMPORTANT FIXES TO 

832
00:30:38,436 --> 00:30:39,971
UTILITY DISCOUNT PROGRAM, WHERE 

833
00:30:39,971 --> 00:30:43,241
IN THE PAST AND UP UNTIL NOW THE

834
00:30:43,241 --> 00:30:44,742
UTILITY DISCOUNT PROGRAM HAS 

835
00:30:44,742 --> 00:30:47,312
ONLY BEEN AVAILABLE TO PEOPLE 

836
00:30:47,312 --> 00:30:50,448
WHO ARE ABOUT 52% AREA MEDIAN 

837
00:30:50,448 --> 00:30:52,851
INCOME. BECAUSE WE HAVE BEEN 

838
00:30:52,851 --> 00:30:55,520
USING THE STATE MEDIAN INCOME TO

839
00:30:55,520 --> 00:30:56,154
DETERMINE ELIGIBILITY. LAST TIME

840
00:30:56,154 --> 00:30:58,089
I CHECKED THE STATE HAD A VERY 

841
00:30:58,089 --> 00:31:01,292
DIFFERENT MEDIAN INCOME THAN THE

842
00:31:01,292 --> 00:31:03,027
CITY OF SEATTLE, RIGHT? THIS 

843
00:31:03,027 --> 00:31:03,695
PRESENTATION DEMONSTRATES THAT. 

844
00:31:03,695 --> 00:31:06,865
SO I WILL JUST END MY COMMENTS 

845
00:31:06,865 --> 00:31:11,035
HERE TO SAY THIS SLIDE RIGHT 

846
00:31:11,035 --> 00:31:11,703
NOW, RIGHT HERE, IS PRECISELY 

847
00:31:11,703 --> 00:31:13,905
WHY COUNCIL PRESIDENT AND I HAVE

848
00:31:13,905 --> 00:31:15,540
BEEN TAKING UP THIS IMPORTANT 

849
00:31:15,540 --> 00:31:17,909
WORK, AND WHY WE NEED TO DO MORE

850
00:31:17,909 --> 00:31:21,112
TO HELP ALL OF OUR NEIGHBORS WHO

851
00:31:21,112 --> 00:31:22,914
ARE SEVERELY COST BURDENED OR 

852
00:31:22,914 --> 00:31:24,616
EVEN JUST MINIMALLY COST 

853
00:31:24,616 --> 00:31:25,550
BURDENED, BECAUSE IN MY SHORT 

854
00:31:25,550 --> 00:31:27,218
LIFE, LIVING HERE IN THIS CITY, 

855
00:31:27,218 --> 00:31:29,020
I HAVE BEEN IN THIS POSITION AND

856
00:31:29,020 --> 00:31:30,722
IF I HAVE BEEN THERE, THEN SO 

857
00:31:30,722 --> 00:31:31,856
MANY OTHER PEOPLE HAVE BEEN 

858
00:31:31,856 --> 00:31:33,892
THERE, AND WE NEED TO DO AS MUCH

859
00:31:33,892 --> 00:31:35,894
AS WE CAN DO SERVE THOSE PEOPLE 

860
00:31:35,894 --> 00:31:38,730
WHO ARE SEVERELY, OR JUST 

861
00:31:38,730 --> 00:31:39,597
BASELINE COST BURDENED. THANK 

862
00:31:39,597 --> 00:31:40,965
YOU, COUNCIL PRESIDENT. 

863
00:31:40,965 --> 00:31:44,569
&gt;&gt; THANK YOU, COUNCIL MEMBER 

864
00:31:44,569 --> 00:31:45,770
STRAUSS, FOR WALKING US THROUGH 

865
00:31:45,770 --> 00:31:48,306
THAT. ARE THERE ANY-- I KNOW IT 

866
00:31:48,306 --> 00:31:50,108
IS A LOT TO DIGEST WHEN COUNCIL 

867
00:31:50,108 --> 00:31:51,976
STRAESZ AND I WERE WORKING ON 

868
00:31:51,976 --> 00:31:52,677
THIS PRESENTATION WITH CENTRAL 

869
00:31:52,677 --> 00:31:54,512
STAFF, WE TALKED ABOUT HOW THIS 

870
00:31:54,512 --> 00:31:56,447
COULD BE BROKEN UP INTO FOUR 

871
00:31:56,447 --> 00:31:58,283
DIFFERENT COMMITTEE, AND DOING A

872
00:31:58,283 --> 00:32:00,151
DEEPER DIVE INTO STUFF, BUT 

873
00:32:00,151 --> 00:32:01,286
WANTED TO GET EVERYBODY AN 

874
00:32:01,286 --> 00:32:04,155
OVERVIEW OF KIND OF SETTING THE 

875
00:32:04,155 --> 00:32:08,526
TABLE OF WHERE WE ARE AT. I WILL

876
00:32:08,526 --> 00:32:11,162
PAUSE TO SEE IF THERE ARE MORE 

877
00:32:11,162 --> 00:32:11,829
QUESTIONS. COUNCIL MEMBER FOSTER

878
00:32:11,829 --> 00:32:13,698
FOLLOWED BY COUNCIL KETTLE. 

879
00:32:13,698 --> 00:32:16,200
&gt;&gt; THANK YOU SO MUCH. I THINK I 

880
00:32:16,200 --> 00:32:19,704
HAVE MORE OF A COMMENT THAN A 

881
00:32:19,704 --> 00:32:21,239
QUESTION, FOLLOWING UP ON 

882
00:32:21,239 --> 00:32:23,908
COUNCIL STRAUSS'S LEAD IN 

883
00:32:23,908 --> 00:32:24,676
THERE, PARTICULARLY AROUND AMI. 

884
00:32:24,676 --> 00:32:25,510
I CAN'T BY-PASS THE OPPORTUNITY

885
00:32:25,510 --> 00:32:31,582
TO TALK ABOUT SOMETHING THAT I 

886
00:32:31,582 --> 00:32:32,317
THINK IS INCREDIBLY IMPORTANT, 

887
00:32:32,317 --> 00:32:34,519
HOW GOOD OF A JOB THESE MEASURES

888
00:32:34,519 --> 00:32:36,587
DO THAT UNDERSTANDING WHETHER OR

889
00:32:36,587 --> 00:32:37,822
NOT SOMEONE CAN AFFORD TO LIVE 

890
00:32:37,822 --> 00:32:40,391
IN THE CITY THAT THEY LIVE IN. 

891
00:32:40,391 --> 00:32:41,726
AMI, I KNOW WE ALL KNOW THIS BUT

892
00:32:41,726 --> 00:32:43,361
I NEED OO SAY OUT LOUD, AMI IS 

893
00:32:43,361 --> 00:32:45,363
NOT A MEASURE OF WHETHER OR NOT 

894
00:32:45,363 --> 00:32:47,598
YOU CAN AFFORD THE COST OF 

895
00:32:47,598 --> 00:32:49,600
GOODS, IT IS SIMPLY WHERE YOU 

896
00:32:49,600 --> 00:32:53,471
SIT RELATIVE TO THE REST OF THE 

897
00:32:53,471 --> 00:32:55,273
INCOME IN YOUR AREA, RIGHT? WHEN

898
00:32:55,273 --> 00:32:58,643
WE THINK ABOUT AMI, JUST BECAUSE

899
00:32:58,643 --> 00:33:00,745
SOMEBODY IS AT 50, 60, 100% AMI,

900
00:33:00,745 --> 00:33:02,080
THAT DOES NOT NECESSARILY MEAN 

901
00:33:02,080 --> 00:33:04,315
THEY ARE ABLE TO AFFORD THE COST

902
00:33:04,315 --> 00:33:06,818
OF GOODS. I THINK SOMETIMES THEY

903
00:33:06,818 --> 00:33:07,485
GET USED AS INTERCHANGEABLE, 

904
00:33:07,485 --> 00:33:09,087
BUT, COLLEAGUES, I WILL SAY A 

905
00:33:09,087 --> 00:33:10,088
RESOURCE I REALLY LIKE AND I 

906
00:33:10,088 --> 00:33:13,024
APPRECIATE AND USED IT WHEN I 

907
00:33:13,024 --> 00:33:14,759
WAS TEACHING AT THE UNIVERSITY 

908
00:33:14,759 --> 00:33:16,194
OF WASHINGTON, IS THE SELF 

909
00:33:16,194 --> 00:33:17,261
SUFFICIENCY STANDARD THE 

910
00:33:17,261 --> 00:33:18,096
UNIVERSITY OF WASHINGTON HAS, 

911
00:33:18,096 --> 00:33:20,064
WHICH IS A MEASURE THAT IS 

912
00:33:20,064 --> 00:33:21,632
DESIGNED TO HELP US UNDERSTAND 

913
00:33:21,632 --> 00:33:23,434
HOW MUCH AN INDIVIDUAL WOULD 

914
00:33:23,434 --> 00:33:25,503
NEED TO MAKE, NOT JUST ON BASED 

915
00:33:25,503 --> 00:33:27,405
ON THEIR FAMILY SIZE, BUT 

916
00:33:27,405 --> 00:33:28,106
UNDERSTANDING THE COMPOSITION OF

917
00:33:28,106 --> 00:33:29,674
THEIR FAMILY, BECAUSE THE COST 

918
00:33:29,674 --> 00:33:30,675
OF LIVING IS SIGNIFICANTLY 

919
00:33:30,675 --> 00:33:32,210
HIGHER IF YOU ARE A PARENT WITH 

920
00:33:32,210 --> 00:33:35,346
AN INFANT, AND YOU ARE PAYING 

921
00:33:35,346 --> 00:33:38,049
FOR CHILDCARE, THAT IS STILL 

922
00:33:38,049 --> 00:33:39,017
TWO-FAMILY, ONE PARENT, ONE 

923
00:33:39,017 --> 00:33:40,084
FAMILY HOUSEHOLD THAN A PARENT 

924
00:33:40,084 --> 00:33:42,954
AND 15-YEAR-OLD WHO HAS AGED OUT

925
00:33:42,954 --> 00:33:44,322
OF CHILDCARE. THOSE COSTS REALLY

926
00:33:44,322 --> 00:33:45,690
MATTER WHEN IT COMES INTO 

927
00:33:45,690 --> 00:33:46,724
UNDERSTANDING WHAT FAMILIES ARE 

928
00:33:46,724 --> 00:33:48,626
PAYING FOR. SO, I WANT TO TAKE 

929
00:33:48,626 --> 00:33:51,629
THIS AS AN OPPORTUNITY TO LIFT 

930
00:33:51,629 --> 00:33:54,265
UP THAT RESOURCE, AND, ALSO, TO 

931
00:33:54,265 --> 00:33:55,032
HIGHLIGHT IN THIS AMI 

932
00:33:55,032 --> 00:33:56,334
CONVERSATION, IT IS WORTH WHILE 

933
00:33:56,334 --> 00:33:58,269
TO NOTE THERE ARE PROGRAMS THAT 

934
00:33:58,269 --> 00:34:05,309
USE THE FEDERAL POVERTY LEVEL OR

935
00:34:05,309 --> 00:34:06,110
200% OF THE FEDERAL POVERTY 

936
00:34:06,110 --> 00:34:08,746
LEVEL, THAT IS OUT OF DATE. WHEN

937
00:34:08,746 --> 00:34:11,449
WE TALK CPI, A PROGRAM BASED ON 

938
00:34:11,449 --> 00:34:15,052
THE PRICE, I GOT IT, PRICE OF 

939
00:34:15,052 --> 00:34:16,654
GROCERIES IN THE 1960s. AND HAS 

940
00:34:16,654 --> 00:34:18,356
NOT BEEN UPDATED AT ITS 

941
00:34:18,356 --> 00:34:19,357
FOUNDATIONAL LEVEL SINCE. IT HAS

942
00:34:19,357 --> 00:34:20,124
BEEN ADJUSTED WITH INFLATION 

943
00:34:20,124 --> 00:34:21,759
OVER TIME T. IS REALLY 

944
00:34:21,759 --> 00:34:22,860
IMPORTANT, I THINK, TO TALK 

945
00:34:22,860 --> 00:34:24,996
ABOUT HOW GOOD OF A JOB THE 

946
00:34:24,996 --> 00:34:27,198
TOOLS THAT WE HAVE TO EVEN 

947
00:34:27,198 --> 00:34:29,333
QUALIFY PEOPLE FOR PROGRAMS ARE 

948
00:34:29,333 --> 00:34:31,169
AT QUALIFYING FOLKS FOR 

949
00:34:31,169 --> 00:34:32,170
PROGRAMS. OKAY. THAT IS MY LEAD 

950
00:34:32,170 --> 00:34:34,405
IN. NOW, THANK YOU SO MUCH FOR 

951
00:34:34,405 --> 00:34:35,540
THE FANTASTIC PREZEN THAGZ. I 

952
00:34:35,540 --> 00:34:37,341
REALLY APPRECIATE IT AND 

953
00:34:37,341 --> 00:34:38,176
APPRECIATE YOU, COUNCIL 

954
00:34:38,176 --> 00:34:38,776
PRESIDENT AND COUNCIL MEMBER 

955
00:34:38,776 --> 00:34:40,111
STRAUSS FOR DOING THE WORK TO 

956
00:34:40,111 --> 00:34:41,779
BRING US HERE. CAN I ASK YOU, 

957
00:34:41,779 --> 00:34:44,148
CENTRAL STAFF, ON FOLLOWING UP 

958
00:34:44,148 --> 00:34:45,450
ON THE OPENING REMARKS, TO TALK 

959
00:34:45,450 --> 00:34:47,752
ABOUT WHERE SOME OF THE CITY'S 

960
00:34:47,752 --> 00:34:51,122
CONSTRAINTS COME IN WHEN IT 

961
00:34:51,122 --> 00:34:53,057
COMES TO PROVIDING FOR 

962
00:34:53,057 --> 00:34:54,025
SUBSIDIZED PROGRAMS FOR FOLKS, 

963
00:34:54,025 --> 00:34:55,393
IN PARTICULAR, I WANT TO ASK IF 

964
00:34:55,393 --> 00:34:58,763
YOU CAN SORT OF MENTION OR SPEAK

965
00:34:58,763 --> 00:35:01,332
BRIEFLY TO THE WERE LANGUAGE IN 

966
00:35:01,332 --> 00:35:03,434
THE STATE STATUTE AND HOW THAT, 

967
00:35:03,434 --> 00:35:05,136
WELL, NOW I AM ANSWERING MY 

968
00:35:05,136 --> 00:35:07,638
QUESTION, HOW IT CONSTRAINS OUR 

969
00:35:07,638 --> 00:35:09,207
ABILITY TO DELIVER PROGRAMS, IN 

970
00:35:09,207 --> 00:35:11,542
FORMS, EXCUSE ME, IN FORMS. 

971
00:35:11,542 --> 00:35:13,244
&gt;&gt; YEAH, SO, NOT KNOWING EXACTLY

972
00:35:13,244 --> 00:35:16,581
WHAT YOU ARE LOOKING TO HEAR, I 

973
00:35:16,581 --> 00:35:18,082
MEAN, IN GENERAL THERE IS A 

974
00:35:18,082 --> 00:35:20,351
PROVISION IN THE STATE THAT 

975
00:35:20,351 --> 00:35:22,487
ALLOWS US TO SPEND PUBLIC 

976
00:35:22,487 --> 00:35:24,088
DOLLARS IN SUPPORT OF THE FIRM, 

977
00:35:24,088 --> 00:35:26,924
I CAN'T REMEMBER THE EXACT 

978
00:35:26,924 --> 00:35:29,026
TERMINOLOGY BUT ALONG THOSE 

979
00:35:29,026 --> 00:35:29,961
LINES, OTHERWISE OTHER SPENDING 

980
00:35:29,961 --> 00:35:31,896
WOULD BE CONSIDERED A GIFT OF 

981
00:35:31,896 --> 00:35:33,397
PUBLIC FUNDS IF THE PUBLIC 

982
00:35:33,397 --> 00:35:37,668
ENTITY DOES NOT GET A SERVICE 

983
00:35:37,668 --> 00:35:46,410
BACK OR A VALUE BACK. SO WE CAN 

984
00:35:46,410 --> 00:35:47,545
PROVIDE SUPPORT TO INCOME 

985
00:35:47,545 --> 00:35:48,045
QUALIFIED PEOPLE. YEAH. 

986
00:35:48,045 --> 00:35:49,380
&gt;&gt; THAT IS OKAY. I THINK IT IS 

987
00:35:49,380 --> 00:35:52,483
GOOD FOR FOLLOW UP AS WE HAVE 

988
00:35:52,483 --> 00:35:53,017
THIS CONVERSATION ABOUT 

989
00:35:53,017 --> 00:35:55,386
AFFORDABILITY, BECAUSE WHERE I 

990
00:35:55,386 --> 00:35:57,288
HAVE EXPERIENCED IT IN THE PAST,

991
00:35:57,288 --> 00:35:59,257
ANONYMOUS RECENT RUN AS COUNCIL 

992
00:35:59,257 --> 00:36:01,826
MEMBER MEMBER IN THE PAST, IS 

993
00:36:01,826 --> 00:36:02,693
THAT LANGUAGE INTERPRETED TOO 

994
00:36:02,693 --> 00:36:04,595
NARROWLY TO ALLOW US TO PROVIDE 

995
00:36:04,595 --> 00:36:06,230
FOR PROGRAMS THAT PROVIDE 

996
00:36:06,230 --> 00:36:07,532
SUBSIDY FOR PEOPLE WHO NEED 

997
00:36:07,532 --> 00:36:10,801
SUBSIDY, GIVEN THE HIGH COST OF 

998
00:36:10,801 --> 00:36:11,402
LIVING IN OUR AREA. 

999
00:36:11,402 --> 00:36:13,371
&gt;&gt; WITH ALL OF THESE THINGS THEY

1000
00:36:13,371 --> 00:36:14,672
ARE SUBJECT TO LEGAL 

1001
00:36:14,672 --> 00:36:15,773
INTERPRETATION SO IT BECOMES A 

1002
00:36:15,773 --> 00:36:17,275
BIT OF CASE LAW, BIT OF HOW MUCH

1003
00:36:17,275 --> 00:36:19,677
PEOPLE ARE WILLING TO TAKE RISK,

1004
00:36:19,677 --> 00:36:21,245
AND YOU KNOW, THAT IS-- THAT CAN

1005
00:36:21,245 --> 00:36:22,914
CHANGE OVER TIME AS WELL. 

1006
00:36:22,914 --> 00:36:28,186
&gt;&gt; THANK YOU. AND THEN I WANT TO

1007
00:36:28,186 --> 00:36:30,288
TAKE US TO SLIDE EIGHT, PLEASE. 

1008
00:36:30,288 --> 00:36:32,356
I THINK THIS IS WORTH LOOKING 

1009
00:36:32,356 --> 00:36:34,025
AT, JUST A SECOND TIME, AND I 

1010
00:36:34,025 --> 00:36:35,259
KNOW THAT OFTEN TIMES IN THE 

1011
00:36:35,259 --> 00:36:38,429
PUBLIC THERE IS A PHRASE USED 

1012
00:36:38,429 --> 00:36:39,630
AROUND OUR UPSIDE DOWN TAX CODE,

1013
00:36:39,630 --> 00:36:42,767
AND YOU KNOW, I THINK THIS IS AN

1014
00:36:42,767 --> 00:36:43,935
EXCELLENT EXAMPLE OF THAT, WHEN 

1015
00:36:43,935 --> 00:36:45,937
WE ARE TALKING ABOUT THE 

1016
00:36:45,937 --> 00:36:48,739
PERCENTAGE OF INCOME AND HOW 

1017
00:36:48,739 --> 00:36:50,841
THIS HITS FROM SALES TAX AND ITS

1018
00:36:50,841 --> 00:36:53,077
REGRESSIVETY. I WANTED TO 

1019
00:36:53,077 --> 00:36:54,111
REVISIT THAT FOR THE HIGHLIGHT. 

1020
00:36:54,111 --> 00:36:55,746
THEN I DON'T HAVE THE SLIDE 

1021
00:36:55,746 --> 00:37:02,053
NUMBER HERE BUT THERE WAS A 

1022
00:37:02,053 --> 00:37:03,054
SLIDE, SLIDE FIVE. THANK YOU. 

1023
00:37:03,054 --> 00:37:04,922
ONE THING I AM CURIOUS ABOUT IS 

1024
00:37:04,922 --> 00:37:06,457
WHEN WE ARE OFTEN TALKING 

1025
00:37:06,457 --> 00:37:09,093
POTENTIAL NEW TAXES THAT WE ARE 

1026
00:37:09,093 --> 00:37:10,661
BRINGING FORWARD, THE TENDENCY 

1027
00:37:10,661 --> 00:37:11,829
IS TO TALK ABOUT THEM, I NOTICED

1028
00:37:11,829 --> 00:37:13,931
THIS AT COUNCIL OR IN THE 

1029
00:37:13,931 --> 00:37:19,637
PUBLIC, AND WE PROVIDE A 

1030
00:37:19,637 --> 00:37:21,405
PRICETAG BASED ON THE AVERAGE 

1031
00:37:21,405 --> 00:37:22,139
MEDIAN HOUSEHOLD. WHAT WOULD IT 

1032
00:37:22,139 --> 00:37:26,110
TAKE FOR US TO BE ABLE TO 

1033
00:37:26,110 --> 00:37:27,278
UNDERSTAND BETTER ANY OF THE 

1034
00:37:27,278 --> 00:37:29,580
ACTIONS COUNCIL IS CONSIDERING 

1035
00:37:29,580 --> 00:37:34,485
MIGHT IMPACT A LOWER THAN MEDIAN

1036
00:37:34,485 --> 00:37:34,852
AVERAGE HOUSEHOLD? 

1037
00:37:37,088 --> 00:37:40,124
&gt;&gt; SO, THAT IS A GREAT QUESTION.

1038
00:37:40,124 --> 00:37:42,126
IT HAS BEEN A LOT OF TIME TRYING

1039
00:37:42,126 --> 00:37:46,330
TO ANSWER THAT QUESTION, AS A 

1040
00:37:46,330 --> 00:37:48,299
MATTER OF FACT, THE CHALLENGE IS

1041
00:37:48,299 --> 00:37:52,803
THIS DATA IS NOT, PARTICULARLY 

1042
00:37:52,803 --> 00:37:56,741
FOR RENTERS, BUT EVEN FOR OWNED 

1043
00:37:56,741 --> 00:37:59,310
HOUSES, IS NOT PROVIDED BY THE 

1044
00:37:59,310 --> 00:38:01,245
COUNTY ASSESSOR IN THAT FORMAT. 

1045
00:38:01,245 --> 00:38:04,749
THERE IS NOT LIKE THE QUINTILES 

1046
00:38:04,749 --> 00:38:06,817
WE ARE USED TO WHERE IT BREAKS 

1047
00:38:06,817 --> 00:38:09,854
DOWN THE VALUES BECAUSE IT 

1048
00:38:09,854 --> 00:38:10,921
DOESN'T REALLY TRACK THAT WAY. 

1049
00:38:10,921 --> 00:38:13,090
FOR EXAMPLE, THE RENTAL VALUE 

1050
00:38:13,090 --> 00:38:16,293
HERE IS SOMETHING THAT I 

1051
00:38:16,293 --> 00:38:19,297
ESTIMATED USING RENT AND USING 

1052
00:38:19,297 --> 00:38:20,731
CAPITALIZATION RATE INFORMATION,

1053
00:38:20,731 --> 00:38:21,966
AND SALES DATA FROM CO-STAR. 

1054
00:38:21,966 --> 00:38:26,637
EVEN THAT IS SOMETHING I HAD TO 

1055
00:38:26,637 --> 00:38:28,606
SYNTHESIZE MYSELF. SO, ALL THAT 

1056
00:38:28,606 --> 00:38:30,374
TO SAY, A NUMBER COULD COME UP 

1057
00:38:30,374 --> 00:38:34,845
WITH, BUT IT IS GOING TO BE A 

1058
00:38:34,845 --> 00:38:35,713
HEAVILY SYNTHESIZED NUMBER THAT 

1059
00:38:35,713 --> 00:38:37,381
STAFF GENERATES USING KIND OF A 

1060
00:38:37,381 --> 00:38:40,351
SET OF ASSUMPTION AND NOT A REAL

1061
00:38:40,351 --> 00:38:41,118
PERFECT KIND OF CLEAN 

1062
00:38:41,118 --> 00:38:42,353
ASSESSMENT, LIKE THE MEDIAN 

1063
00:38:42,353 --> 00:38:43,988
VALUE IS THE MEDIAN VALUE, IS 

1064
00:38:43,988 --> 00:38:46,891
THE MEDIAN VALUE, ALL DAY LONG. 

1065
00:38:46,891 --> 00:38:49,360
BUT WHEN WE START CREATING A 

1066
00:38:49,360 --> 00:38:51,095
REALTY ABOUT THAT PUTS THE 

1067
00:38:51,095 --> 00:38:52,296
VALUES IN A CONTEXT OF 

1068
00:38:52,296 --> 00:38:53,931
DISTRIBUTION, THERE IS LOT MORE 

1069
00:38:53,931 --> 00:38:56,434
ART BEHIND IT. SO I GOT TO THE 

1070
00:38:56,434 --> 00:38:59,603
POINT WHERE I WASN'T 

1071
00:38:59,603 --> 00:39:00,104
COMFORTABLE DOING THAT. 

1072
00:39:00,104 --> 00:39:01,939
&gt;&gt; I THINK ANOTHER WAY OF SAYING

1073
00:39:01,939 --> 00:39:04,508
THE SAME THING IS WE DON'T 

1074
00:39:04,508 --> 00:39:06,344
HAVE-- WE CAN FIND OUT WHAT THIS

1075
00:39:06,344 --> 00:39:08,813
BILL IS FOR THE VALUE OF YOUR 

1076
00:39:08,813 --> 00:39:10,548
HOUSE, BUT WE DON'T NECESSARILY

1077
00:39:10,548 --> 00:39:11,449
KNOW THE INCOME DISTRIBUTION OF 

1078
00:39:11,449 --> 00:39:13,050
THE PEOPLE WHO ARE IN THOSE. IT 

1079
00:39:13,050 --> 00:39:16,854
IS A SHOT IN THE DARK, YOU KNOW,

1080
00:39:16,854 --> 00:39:18,923
HOW DO WE ARTICULATE THAT? IF 

1081
00:39:18,923 --> 00:39:23,260
YOU ARE LIVING ON A FIXED INCOME

1082
00:39:23,260 --> 00:39:24,261
IN A WEALTHIER, HIGH-VALUED 

1083
00:39:24,261 --> 00:39:26,831
HOUSE, YOU ARE GOING TO BE 

1084
00:39:26,831 --> 00:39:27,898
AFFECTED MORE THAN THE REVERSE. 

1085
00:39:27,898 --> 00:39:29,567
WE DON'T HAVE GREAT DATA ON IT,

1086
00:39:29,567 --> 00:39:33,237
WE CAN PROBABLY COME UP WITH 

1087
00:39:33,237 --> 00:39:35,473
SOME ASSUMPTIONS TO FIGURE OUT 

1088
00:39:35,473 --> 00:39:38,175
ILLUSTRATIVE EXAMPLES AND THAT 

1089
00:39:38,175 --> 00:39:40,077
COULD BE SOMETHING THAT COULD BE

1090
00:39:40,077 --> 00:39:41,112
DONE FOR PROPOSALS THAT COME 

1091
00:39:41,112 --> 00:39:42,480
FORWARD BUT NOT BASED ON DATA 

1092
00:39:42,480 --> 00:39:44,949
COLLECTED, IT WILL BE BASED ON 

1093
00:39:44,949 --> 00:39:46,450
INFERENCE AND SOME STAFF 

1094
00:39:46,450 --> 00:39:46,717
JUDGMENT. 

1095
00:39:46,717 --> 00:39:48,919
&gt;&gt; YEAH, THANK YOU. THANK YOU, 

1096
00:39:48,919 --> 00:39:50,287
BOTH. REALLY HELPFUL. THIS IS MY

1097
00:39:50,287 --> 00:39:50,988
LAST QUESTION, COUNCIL 

1098
00:39:50,988 --> 00:39:51,655
PRESIDENT. ACTUALLY, YOU DON'T 

1099
00:39:51,655 --> 00:39:52,990
NEED TO RESPOND, IT IS A 

1100
00:39:52,990 --> 00:39:53,891
STATEMENT AND THEN WE WILL 

1101
00:39:53,891 --> 00:39:56,627
FOLLOW UP, WHICH IS TO SAY I 

1102
00:39:56,627 --> 00:39:58,028
BELIEVE THERE ARE TWO ISSUES 

1103
00:39:58,028 --> 00:40:02,533
HERE. ONE THAT EACH OF YOU 

1104
00:40:02,533 --> 00:40:03,834
RAISED. THE LATTER ISSUE BEING 

1105
00:40:03,834 --> 00:40:05,636
YOUR HOUSEHOLD VALUE IS NOT 

1106
00:40:05,636 --> 00:40:07,238
ALWAYS THE SAME AS YOUR INCOME, 

1107
00:40:07,238 --> 00:40:09,540
I SHOULDN'T SAY IS ALWAYS, IT 

1108
00:40:09,540 --> 00:40:11,075
IS NOT THE GREATEST PREDICTOR OF

1109
00:40:11,075 --> 00:40:12,209
THAT. RIGHT? YOU COULD HAVE 

1110
00:40:12,209 --> 00:40:13,544
BOUGHT YOUR HOUSE 35 YEARS AGO, 

1111
00:40:13,544 --> 00:40:14,945
YOU CAN BE LIVING IN A HOME WITH

1112
00:40:14,945 --> 00:40:16,881
FIXED INCOME AND HAVE A HIGHER 

1113
00:40:16,881 --> 00:40:18,048
THAN MEDIAN VALUE ASSESSED HOME.

1114
00:40:18,048 --> 00:40:20,217
SO THAT IS, I THINK, THE SECOND 

1115
00:40:20,217 --> 00:40:22,987
ISSUE. THE FIRST ONE THAT I WAS 

1116
00:40:22,987 --> 00:40:24,655
INTENDING TO RAISE WAS MORE A 

1117
00:40:24,655 --> 00:40:27,191
QUESTION OF, IN THE SAME WAY WE 

1118
00:40:27,191 --> 00:40:30,027
PRODUCED NUMBER WHERES WE SAY 

1119
00:40:30,027 --> 00:40:33,864
THIS LEVY WILL HAVE X DOLLAR 

1120
00:40:33,864 --> 00:40:35,399
IMPACT ON A MEDIAN ASSESSED 

1121
00:40:35,399 --> 00:40:40,037
VALUE HOME, I WOULD LOVE TO BE 

1122
00:40:40,037 --> 00:40:42,139
ABLE TO UNDERSTAND THE IMPACT OF

1123
00:40:42,139 --> 00:40:47,278
THOSE LEVYS ON HOMES WITH A 

1124
00:40:47,278 --> 00:40:48,279
LOWER ASSESSED VALUE. I THINK AS

1125
00:40:48,279 --> 00:40:51,215
WE ARE SEEKING TO DO A BETTER 

1126
00:40:51,215 --> 00:40:52,249
JOB TALKING AFFORDABILITY AND 

1127
00:40:52,249 --> 00:40:58,355
TAX IMPACT IT WOULD BE WORTH 

1128
00:40:58,355 --> 00:41:01,792
WHILE TO CONTINUE THAT 

1129
00:41:01,792 --> 00:41:02,126
CONVERSATION. 

1130
00:41:02,126 --> 00:41:02,827
&gt;&gt; GREAT QUESTION. 

1131
00:41:02,827 --> 00:41:07,264
&gt;&gt; THANK YOU, COUNCIL PRESIDENT,

1132
00:41:07,264 --> 00:41:08,833
THANK YOU, MR. CHOW FOR BEING 

1133
00:41:08,833 --> 00:41:10,301
HERE AND YOUR PRESENTATION. IT 

1134
00:41:10,301 --> 00:41:13,671
IS INTERESTING TO GO THROUGH 

1135
00:41:13,671 --> 00:41:15,206
WITH DIFFERENT TYPES OF CONTEXT.

1136
00:41:15,206 --> 00:41:18,576
I NOTE, IN TERMS OF 

1137
00:41:18,576 --> 00:41:19,176
AFFORDABILITY, YOU MENTIONED 

1138
00:41:19,176 --> 00:41:20,377
INFLATION, I REMEMBER BEING A 

1139
00:41:20,377 --> 00:41:24,982
BOY IN THE DAYS OF THE 1970s 

1140
00:41:24,982 --> 00:41:26,217
WITH HIGH INFLATION, STACKED 

1141
00:41:26,217 --> 00:41:27,451
INFLATION, PAUL VULKER COMING 

1142
00:41:27,451 --> 00:41:29,653
IN, THESE ARE ISSUES WE HAVE 

1143
00:41:29,653 --> 00:41:33,691
DEALT WITH BEFORE. SO WE DO HAVE

1144
00:41:33,691 --> 00:41:37,461
SOMETHING TO LEAN ON THERE. 

1145
00:41:37,461 --> 00:41:39,663
TARIFFS, QUITE CLEAR ON THAT, 

1146
00:41:39,663 --> 00:41:40,431
AND EXTREMELY FRUSTRATING, 

1147
00:41:40,431 --> 00:41:41,799
ALTHOUGH THE SUPREME COURT 

1148
00:41:41,799 --> 00:41:42,733
DECISION, HOPEFULLY THINGS WILL 

1149
00:41:42,733 --> 00:41:44,068
SETTLE OUT BUT THE COST OF THAT 

1150
00:41:44,068 --> 00:41:45,803
IS HUGE, ESPECIALLY FOR A 

1151
00:41:45,803 --> 00:41:48,639
MARITIME CITY THAT WE ARE, AND 

1152
00:41:48,639 --> 00:41:50,674
MARITIME REGION. IT IS EXTREMELY

1153
00:41:50,674 --> 00:41:52,109
UNFORTUNATE AND BAD POLICY. YOU 

1154
00:41:52,109 --> 00:41:53,410
MENTIONED THE BASIC ECONOMICS, 

1155
00:41:53,410 --> 00:41:55,746
THE SUPPLY AND DEMAND PIECES, I 

1156
00:41:55,746 --> 00:41:58,682
THINK THAT IS REALLY IMPORTANT 

1157
00:41:58,682 --> 00:42:00,117
TO UNDERSTAND, AS YOU MENTIONED,

1158
00:42:00,117 --> 00:42:02,686
OPERATION EPIC FURY, THE WAR IN 

1159
00:42:02,686 --> 00:42:05,890
IRAN AND ITS IMPACT, AND THAT IS

1160
00:42:05,890 --> 00:42:07,992
HUGE GOING, SLIDING BACK TO, 

1161
00:42:07,992 --> 00:42:08,959
CIRCLING BACK TO INFLATION 

1162
00:42:08,959 --> 00:42:10,160
ITSELF. I WOULD ADD, YOU DON'T 

1163
00:42:10,160 --> 00:42:14,865
REALLY HAVE IT IN HERE, BUT I 

1164
00:42:14,865 --> 00:42:17,668
WOULD ADD ANOTHER IMPACT ON 

1165
00:42:17,668 --> 00:42:19,270
AFFORDABILITY IS THE COMBINATION

1166
00:42:19,270 --> 00:42:21,105
OF PROPERTY TAXES, SALES TAXES, 

1167
00:42:21,105 --> 00:42:22,740
THE LEVYS, THE BONDS, AND ALL OF

1168
00:42:22,740 --> 00:42:25,376
THE ABOVE, AND INCREASES WE HAVE

1169
00:42:25,376 --> 00:42:26,610
BEEN DOING, PARTICULARLY SINCE 

1170
00:42:26,610 --> 00:42:29,914
SOME HAVE BEEN MAJOR INCREASES 

1171
00:42:29,914 --> 00:42:31,548
THAT THEY, THEMSELVES, HAVE AN 

1172
00:42:31,548 --> 00:42:33,584
IMPACT ON AFFORDABILITY. WOULD 

1173
00:42:33,584 --> 00:42:36,554
YOU CHARACTERIZE IT THAT WAY? IS

1174
00:42:36,554 --> 00:42:37,588
THAT SOMETHING, PARTICULARLY 

1175
00:42:37,588 --> 00:42:39,356
WHEN YOU LOOK FROM COLLECTIVE. 

1176
00:42:39,356 --> 00:42:43,260
EACH INDIVIDUALLY COULD SAY YES,

1177
00:42:43,260 --> 00:42:45,129
BUT HOW OFTEN DO WE SIT BACK AND

1178
00:42:45,129 --> 00:42:46,664
TAKE COLLECTIVE AND ASSESS FROM 

1179
00:42:46,664 --> 00:42:47,097
THAT PERSPECTIVE? 

1180
00:42:47,097 --> 00:42:49,700
&gt;&gt; THE LIBRARY LEVY IS OUR LAST 

1181
00:42:49,700 --> 00:42:51,735
OF THIS RENEWALS GOING TO VOTERS

1182
00:42:51,735 --> 00:42:54,071
FOR THIS CYCLE, AND AS PART OF 

1183
00:42:54,071 --> 00:42:55,806
THE RENEWALS, THERE HAS BEEN 

1184
00:42:55,806 --> 00:42:57,508
INTEREST IN EXPANDING THE 

1185
00:42:57,508 --> 00:42:58,475
SERVICES PROVIDED FROM THEM. 

1186
00:42:58,475 --> 00:43:00,878
SOME OF THE LEVYS HAVE GROWN 

1187
00:43:00,878 --> 00:43:03,914
MORE THAN A PURE RENEWAL AND 

1188
00:43:03,914 --> 00:43:06,050
THAT IS PART OF, OR, EITHER IN 

1189
00:43:06,050 --> 00:43:08,686
LINE WITH OR PART OF THE COST 

1190
00:43:08,686 --> 00:43:09,386
CHANGES THAT WE SEE. 

1191
00:43:09,386 --> 00:43:15,626
&gt;&gt; BY THE WAY, THAT GOES TO, AND

1192
00:43:15,626 --> 00:43:17,328
THANK YOU, COUNCIL MEMBER 

1193
00:43:17,328 --> 00:43:18,696
FOSTER, FOR YOUR POINTS, I 

1194
00:43:18,696 --> 00:43:20,064
ALWAYS SAY CONSTRAINTS AND 

1195
00:43:20,064 --> 00:43:21,599
RESTRAINTS, IT IS EITHER 

1196
00:43:21,599 --> 00:43:22,533
EXTERNAL OR INTERNAL. AND THEN 

1197
00:43:22,533 --> 00:43:23,834
HOUSE POOR. THAT GOES TO THIS 

1198
00:43:23,834 --> 00:43:26,637
POINT. I KNOW SO MEN PEOPLE, YOU

1199
00:43:26,637 --> 00:43:28,138
KNOW, THEY MAY LIVE IN AN 

1200
00:43:28,138 --> 00:43:30,708
AFFLUENT-ISH AREA AND THEY MAY 

1201
00:43:30,708 --> 00:43:33,010
HAVE A HOME, BUT GOD KNOWS WHEN 

1202
00:43:33,010 --> 00:43:34,244
THEY ACQUIRED IT AND THE 

1203
00:43:34,244 --> 00:43:35,279
CIRCUMSTANCES HAD. BUT IF YOU 

1204
00:43:35,279 --> 00:43:36,847
TRY TO GET YOUR HOUSE PAYMENT, 

1205
00:43:36,847 --> 00:43:39,583
OR TRY TO CHANGE THAT ROOF, FIX 

1206
00:43:39,583 --> 00:43:43,921
THAT ROOF, GET A NEW ROOF, IT IS

1207
00:43:43,921 --> 00:43:46,690
PROHIBITATIVE, AND THAT JUST 

1208
00:43:46,690 --> 00:43:48,258
CASCADES. SO THOSE ARE REALLY 

1209
00:43:48,258 --> 00:43:48,926
IMPORTANT PIECES. I SHOULD SAY, 

1210
00:43:48,926 --> 00:43:51,595
IN ADDITION TO BEING A CHILD OF 

1211
00:43:51,595 --> 00:43:54,732
THE 1970s, I ALSO CAME INTO THE 

1212
00:43:54,732 --> 00:43:57,034
JOB BEING A STAY-AT-HOME DAD, 

1213
00:43:57,034 --> 00:44:00,137
WHICH GIVES ME GREAT INSIGHT, 

1214
00:44:00,137 --> 00:44:02,840
PREPANDEMIC HALF GALLON OF MILK 

1215
00:44:02,840 --> 00:44:04,174
$2.69, NOW $4.49, IT VARIES, BUT

1216
00:44:04,174 --> 00:44:08,879
YOU ARE IN THAT, ALL THOSE 

1217
00:44:08,879 --> 00:44:10,848
LITTLE PIECES REALLY HURT, YOU 

1218
00:44:10,848 --> 00:44:12,783
KNOW, THE PEOPLE IN OUR CITY. 

1219
00:44:12,783 --> 00:44:15,219
MORE BROADLY, THOUGH, I THINK OF

1220
00:44:15,219 --> 00:44:15,919
AFFORDABILITY IN THREE POCKETS, 

1221
00:44:15,919 --> 00:44:20,591
I DON'T KNOW IF THIS MAKES 

1222
00:44:20,591 --> 00:44:22,059
SENSE, AFFORDABILITY FOR 

1223
00:44:22,059 --> 00:44:23,994
RESIDENTS, AFFORDABILITY FOR 

1224
00:44:23,994 --> 00:44:25,062
BUSINESSES, AND AFFORDABILITY 

1225
00:44:25,062 --> 00:44:27,664
FOR CITY GOVERNMENT. I AM NOT 

1226
00:44:27,664 --> 00:44:29,500
SURE IF THAT MAKES SENSE, LOT OF

1227
00:44:29,500 --> 00:44:31,602
THIS IS SPOKEN TO THE RESIDENTS,

1228
00:44:31,602 --> 00:44:35,105
CAN YOU SPEAK A BIT TO THE 

1229
00:44:35,105 --> 00:44:37,074
BUSINESS SIDE OF THIS, AND MAYBE

1230
00:44:37,074 --> 00:44:39,209
CITY GOVERNMENT IN TERMS OF 

1231
00:44:39,209 --> 00:44:43,213
REVENUE AND SPENDING, DEFICITS, 

1232
00:44:43,213 --> 00:44:44,248
YOU KNOW, OUR FISCAL SITUATION. 

1233
00:44:44,248 --> 00:44:48,519
&gt;&gt; THERE IS A LOT THERE. I THINK

1234
00:44:48,519 --> 00:44:49,753
WE, KNOWING YOUR INTEREST IN THE

1235
00:44:49,753 --> 00:44:51,155
BUSINESS ECONOMY SIDE OF THINGS 

1236
00:44:51,155 --> 00:44:52,356
AS WELL, I MEAN, IN LARGE PART 

1237
00:44:52,356 --> 00:44:53,657
THEY ARE GOING TO HAVE TO COVER 

1238
00:44:53,657 --> 00:44:55,359
THOSE COSTS ONE WAY OR THE 

1239
00:44:55,359 --> 00:44:56,460
OTHER, AND LARGELY THAT IS 

1240
00:44:56,460 --> 00:44:58,395
EXPECTED TO BE THROUGH PASS 

1241
00:44:58,395 --> 00:45:00,431
THROUGH TO THE PRICES THAT OTHER

1242
00:45:00,431 --> 00:45:02,399
PEOPLE DO TO PURCHASE THOSE 

1243
00:45:02,399 --> 00:45:06,136
THINGS. IT CAN BE A LITTLE HARD 

1244
00:45:06,136 --> 00:45:08,405
TO DESCRIBE THAT IN A VERY 

1245
00:45:08,405 --> 00:45:09,139
ILLUSTRATIVE WAY, BECAUSE AN 

1246
00:45:09,139 --> 00:45:11,408
AVERAGE BUSINESS IS A LOT HARDER

1247
00:45:11,408 --> 00:45:13,277
TO EXPLAIN. I THINK THAT MAY BE 

1248
00:45:13,277 --> 00:45:15,946
ONE WHERE IF THERE ARE SOME 

1249
00:45:15,946 --> 00:45:17,514
SPECIFIC, EITHER INDUSTRIES OR 

1250
00:45:17,514 --> 00:45:19,183
CHARACTERISTICS OF THE BUSINESS 

1251
00:45:19,183 --> 00:45:23,353
THAT PEOPLE, YOU KNOW, WANT TO--

1252
00:45:23,353 --> 00:45:25,055
THAT RESONATE WITH PEOPLE, THAT 

1253
00:45:25,055 --> 00:45:26,323
IS SOMETHING WE COULD 

1254
00:45:26,323 --> 00:45:27,658
POTENTIALLY FIND SOME, YOU KNOW,

1255
00:45:27,658 --> 00:45:31,361
IDENTIFY WHAT THE IMPACT WOULD 

1256
00:45:31,361 --> 00:45:32,930
BE AN ILLUSTRATIVE BUSINESS. IT 

1257
00:45:32,930 --> 00:45:35,499
IS HARD TO DO THE SORT OF, WHAT 

1258
00:45:35,499 --> 00:45:37,801
IS A MEDIAN BUSINESS IS NOT, IN 

1259
00:45:37,801 --> 00:45:40,304
MY MIND, A PARTICULARLY 

1260
00:45:40,304 --> 00:45:41,872
MEANINGFUL CONSTRUCT, BUT I 

1261
00:45:41,872 --> 00:45:45,008
THINK WE DO-- IF YOU CAN GO BACK

1262
00:45:45,008 --> 00:45:49,880
TO THE RENTAL PIECE, FOR 

1263
00:45:49,880 --> 00:45:51,915
INSTANCE, YOU KNOW, NO, THE 

1264
00:45:51,915 --> 00:45:54,451
PROPERTY TAX BILL. YEAH. SO, I 

1265
00:45:54,451 --> 00:45:56,053
MEAN, JUST AS AN EXAMPLE, THE 

1266
00:45:56,053 --> 00:45:58,422
RENTERS DO NOT PAY PROPERTY TAX 

1267
00:45:58,422 --> 00:45:59,656
DIRECTLY. THAT IS GOING TO 

1268
00:45:59,656 --> 00:46:00,724
FIGURE INTO THEIR BILLS, THAT IS

1269
00:46:00,724 --> 00:46:03,026
GOING TO BE ON THE LAND OWNER TO

1270
00:46:03,026 --> 00:46:04,928
PAY AND FIGURE OUT HOW TO EITHER

1271
00:46:04,928 --> 00:46:06,797
RECOOP THE COSTS OR ABSORB THE 

1272
00:46:06,797 --> 00:46:08,999
COSTS, AS PART OF THEIR 

1273
00:46:08,999 --> 00:46:11,201
BUSINESS. I THINK, YOU KNOW, IN 

1274
00:46:11,201 --> 00:46:12,870
SOME WAYS DIFFERENT PEOPLE WILL 

1275
00:46:12,870 --> 00:46:13,537
EXPERIENCE IT DIFFERENTLY. YOU 

1276
00:46:13,537 --> 00:46:14,271
HAVE CORPORATIONS AND BUSINESSES

1277
00:46:14,271 --> 00:46:16,006
THAT DO HAVE TO PAY TAXES AND DO

1278
00:46:16,006 --> 00:46:18,108
HAVE TO FIGURE HOW THEY WILL 

1279
00:46:18,108 --> 00:46:19,543
FIGURE THAT LINE ON THEIR BILL 

1280
00:46:19,543 --> 00:46:21,778
AND OFTEN TIMES WE CAN SEE THAT 

1281
00:46:21,778 --> 00:46:25,916
IMPACT ON THE PRICES THAT THEY 

1282
00:46:25,916 --> 00:46:27,351
CHARGE PEOPLE FOR THEIR 

1283
00:46:27,351 --> 00:46:27,618
SERVICES. 

1284
00:46:27,618 --> 00:46:29,887
&gt;&gt; THANK YOU. I DO THINK WE 

1285
00:46:29,887 --> 00:46:32,055
SHOULD HAVE THIS FOCUS. I LOOK 

1286
00:46:32,055 --> 00:46:33,323
AT THREE BUCKETS, RESIDENTS AND 

1287
00:46:33,323 --> 00:46:34,858
THAT IS REALLY IMPORTANT, BUT I 

1288
00:46:34,858 --> 00:46:37,027
THINK WE CANNOT FORGET THE 

1289
00:46:37,027 --> 00:46:40,330
BUSINESS SIDE AND CITY 

1290
00:46:40,330 --> 00:46:40,797
GOVERNMENT PIECE. FOR 

1291
00:46:40,797 --> 00:46:41,532
BUSINESSES, FOR EXAMPLE, I SWEAR

1292
00:46:41,532 --> 00:46:44,501
TO GOD, I BELIEVE I AM TALKING 

1293
00:46:44,501 --> 00:46:48,639
TO ALL OF THE SAME PEOPLE, 

1294
00:46:48,639 --> 00:46:51,041
DEPUTY MAYOR IS TALKING TO, I AM

1295
00:46:51,041 --> 00:46:53,811
SURE THE DEPUTY MAYOR IS HEARING

1296
00:46:53,811 --> 00:46:56,013
FROM PEOPLE I SPOKE TO COUNCIL 

1297
00:46:56,013 --> 00:46:56,847
MEMBER KETTLE. I REPRESENT 

1298
00:46:56,847 --> 00:46:57,648
DISTRICT 7. IN THESE 

1299
00:46:57,648 --> 00:46:59,316
CONVERSATIONS I HAVE, FOR 

1300
00:46:59,316 --> 00:47:01,185
EXAMPLE, THERE IS A BUSINESSMAN 

1301
00:47:01,185 --> 00:47:03,187
IN A FINANCIAL SERVICES WORLD, 

1302
00:47:03,187 --> 00:47:04,555
LETS SAY GENERALLY, AND HE IS 

1303
00:47:04,555 --> 00:47:06,290
LIKE, HEY, YOU KNOW, THIS IS 

1304
00:47:06,290 --> 00:47:08,292
HARD, YOU KNOW WHAT I DID, BOB? 

1305
00:47:08,292 --> 00:47:13,263
I MOVED MY BUSINESS ON THE OTHER

1306
00:47:13,263 --> 00:47:15,566
SIDE OF 520. GUESS WHAT? I SAVED

1307
00:47:15,566 --> 00:47:18,368
$26,000 BETWEEN PAYING BELLEVUE 

1308
00:47:18,368 --> 00:47:22,806
TAXES AND SEATTLE TAXES. NOW HE 

1309
00:47:22,806 --> 00:47:27,244
HE IS IN BELLEVUE . PRETTY 

1310
00:47:27,244 --> 00:47:27,945
STARK. I KNOW SOMEBODY IN THE 

1311
00:47:27,945 --> 00:47:31,048
LEGAL FEALT LIKE I WANT TO COME 

1312
00:47:31,048 --> 00:47:32,182
INTO SEATTLE, BRING THE BUSINESS

1313
00:47:32,182 --> 00:47:34,585
INTO SEATTLE, BUT HE CAN'T 

1314
00:47:34,585 --> 00:47:36,086
BECAUSE THE INSTABILITY AND THE 

1315
00:47:36,086 --> 00:47:40,023
UNCERTAINTY. AS ANYBODY KNOWS IN

1316
00:47:40,023 --> 00:47:41,758
THE BUSINESS WORLD, THAT IS A 

1317
00:47:41,758 --> 00:47:44,628
NOT A GOOD COMBINATION. HE IS 

1318
00:47:44,628 --> 00:47:46,496
HOLDING BACK. I WORRY ABOUT, YOU

1319
00:47:46,496 --> 00:47:50,300
KNOW, THE VARYING TYPES OF QUIET

1320
00:47:50,300 --> 00:47:51,902
QUITTING OR OPPORTUNITY LOSS, 

1321
00:47:51,902 --> 00:47:55,038
OPPORTUNITY COSTS, AND THOSE 

1322
00:47:55,038 --> 00:47:58,041
FACTORS WITH BUSINESS, AND, YOU 

1323
00:47:58,041 --> 00:48:00,310
KNOW, I REPRESENT DOWNTOWN. THE 

1324
00:48:00,310 --> 00:48:01,445
COMMERCIAL REAL ESTATE WORLD, 

1325
00:48:01,445 --> 00:48:02,279
MASSIVE DOWN HERE. YOU KNOW, 

1326
00:48:02,279 --> 00:48:05,082
TRUST ME, I HAVE HAD A LOT OF 

1327
00:48:05,082 --> 00:48:06,116
CONVERSATIONS IN THAT AREA TOO. 

1328
00:48:06,116 --> 00:48:08,051
YOU KNOW, MY UNDERSTANDING IS 

1329
00:48:08,051 --> 00:48:10,754
THERE HAS BEEN A $15 BILLION 

1330
00:48:10,754 --> 00:48:11,955
DECLINE IN THE COMMERCIAL 

1331
00:48:11,955 --> 00:48:12,789
BUILDINGS DOWNTOWN, WHICH IS 

1332
00:48:12,789 --> 00:48:14,157
HELPING IN-- THAT IS WHY THAT 

1333
00:48:14,157 --> 00:48:17,594
ONE PERSON ON THE LEGAL SIDE IS 

1334
00:48:17,594 --> 00:48:18,595
INTERESTED BECAUSE OF THE 

1335
00:48:18,595 --> 00:48:22,232
PRESSED COMMERCIAL, BUT WHAT IS 

1336
00:48:22,232 --> 00:48:24,935
THE MORE MACRO IMPACT OF HAVING 

1337
00:48:24,935 --> 00:48:25,602
$15 BILLION DECLINE AND 

1338
00:48:25,602 --> 00:48:28,305
EVALUATION? HOW DOES THAT IMPACT

1339
00:48:28,305 --> 00:48:29,873
THE PROPERTY TAX BURDEN? BECAUSE

1340
00:48:29,873 --> 00:48:34,811
OBVIOUSLY SHIFTING TO AREA 

1341
00:48:34,811 --> 00:48:35,512
NUMBER THREE, AFFORDABILITY WITH

1342
00:48:35,512 --> 00:48:36,380
CITY GOVERNMENT, YOU HAVE TO 

1343
00:48:36,380 --> 00:48:37,648
MAKE IT UP SOMEWHERE, RIGHT? 

1344
00:48:37,648 --> 00:48:47,224
&gt;&gt; CAN YOU GO TO FIRST SLIDE FOR

1345
00:48:47,224 --> 00:48:48,825
A MOMENT? MAYBE-- WELL, THE 

1346
00:48:48,825 --> 00:48:51,395
FIRST WILL WORK. I THING ONE 

1347
00:48:51,395 --> 00:48:52,763
CONCEPT I THINK IS IMPORTANT IS 

1348
00:48:52,763 --> 00:48:55,632
WE ARE A LOCAL GOVERNMENT, WE 

1349
00:48:55,632 --> 00:48:56,934
HAVE CONTROL OVER VERY SPECIFIC 

1350
00:48:56,934 --> 00:48:58,702
REVENUE TASKS, BUT A LOT OF 

1351
00:48:58,702 --> 00:49:02,673
THINGS DRIVING THESE COSTS ARE 

1352
00:49:02,673 --> 00:49:04,875
NOT UNDER OUR CONTROL, AND THAT 

1353
00:49:04,875 --> 00:49:06,610
IS AFFECTING EVERYBODY, THAT IS 

1354
00:49:06,610 --> 00:49:08,912
PART OF THE FABRIC OF WHAT WE 

1355
00:49:08,912 --> 00:49:12,983
ARE ALL DEALING WITH, I, LIKE 

1356
00:49:12,983 --> 00:49:14,151
YOU, REMEMBER A TIME WHEN 

1357
00:49:14,151 --> 00:49:14,985
FEDERAL POLICY CHANGED TO 

1358
00:49:14,985 --> 00:49:16,853
ADDRESS THINGS AND THE ISSUE IS 

1359
00:49:16,853 --> 00:49:17,854
WE DON'T CONTROL MONETARY 

1360
00:49:17,854 --> 00:49:19,656
POLICY OF THE CITY OF SEATTLE, 

1361
00:49:19,656 --> 00:49:25,796
WE DON'T HAVE THESE TOOLS 

1362
00:49:25,796 --> 00:49:29,766
AVAILABLE TO US. THERE IS 

1363
00:49:29,766 --> 00:49:31,735
LIMITATION TO WHAT WE CAN 

1364
00:49:31,735 --> 00:49:33,236
RESPOND TO. IN MY EXPERIENCE, 

1365
00:49:33,236 --> 00:49:35,972
WHEN I HAVE SEEN SORT OF HIGH 

1366
00:49:35,972 --> 00:49:37,874
INFLATION, IT IS TYPICALLY 

1367
00:49:37,874 --> 00:49:40,944
SPIKED, I HAVEN'T REALLY SEEN A

1368
00:49:40,944 --> 00:49:41,712
SIX-YEAR PERIOD OF CONTINUED 

1369
00:49:41,712 --> 00:49:42,446
COMPOUNDED INFLATION IS NOT 

1370
00:49:42,446 --> 00:49:46,183
SOMETHING I AM USED TO, AND I 

1371
00:49:46,183 --> 00:49:47,384
THINK THAT IS PUTTING A 

1372
00:49:47,384 --> 00:49:49,519
PARTICULAR PRESSURE ON ALL OF 

1373
00:49:49,519 --> 00:49:50,087
US, ON GOVERNMENT SERVICES, 

1374
00:49:50,087 --> 00:49:51,421
PARTICULARLY, BECAUSE WE HAVE TO

1375
00:49:51,421 --> 00:49:55,092
PAY IN THAT SAME MARKET AS 

1376
00:49:55,092 --> 00:49:57,027
EVERYBODY ELSE, AND AS COUNCIL 

1377
00:49:57,027 --> 00:49:58,528
STRAUSS SAID, LOT OF OUR 

1378
00:49:58,528 --> 00:49:59,930
REVENUES ARE CAPPED, PROPERTY 

1379
00:49:59,930 --> 00:50:02,866
TAX IS CAPPED AT 1% GROWTH, NOT 

1380
00:50:02,866 --> 00:50:04,001
ON-- JUST BECAUSE THE EVALUATION

1381
00:50:04,001 --> 00:50:06,370
OF THE PROPERTY GOES UP OR DOWN,

1382
00:50:06,370 --> 00:50:07,504
DOES NOT AFFECT US IN WASHINGTON

1383
00:50:07,504 --> 00:50:09,906
STATE, IN TERMS OF THE AMOUNT OF

1384
00:50:09,906 --> 00:50:11,274
REVENUE WE COLLECT, CAN ONLY 

1385
00:50:11,274 --> 00:50:15,479
COLLECT 1% PLUS THE VALUE OF NEW

1386
00:50:15,479 --> 00:50:16,380
PROPERTY. THAT IS BEHIND 

1387
00:50:16,380 --> 00:50:18,248
INFLATION, AT THESE RATES FOR 

1388
00:50:18,248 --> 00:50:20,317
SIX YEARS, THAT IS MUCH 

1389
00:50:20,317 --> 00:50:21,651
DIFFERENT PROPOSAL THAN IF IT 

1390
00:50:21,651 --> 00:50:24,321
WAS EVEN ONE HIGH NUMBER AND 

1391
00:50:24,321 --> 00:50:27,190
THEN A MORE REASONABLE INFLATION

1392
00:50:27,190 --> 00:50:30,060
OVER TIME. ALL OF WHICH, I 

1393
00:50:30,060 --> 00:50:32,763
THINK, IS TO SAY, YOU KNOW, YOUR

1394
00:50:32,763 --> 00:50:36,833
POINTS ARE WELL TAKEN, I THINK 

1395
00:50:36,833 --> 00:50:40,070
THE ISSUE IS HOW MUCH OF THIS IS

1396
00:50:40,070 --> 00:50:41,571
A LEVER THAT THIS COUNCIL CAN 

1397
00:50:41,571 --> 00:50:42,939
CONTROL, YOU KNOW, IT REALLY 

1398
00:50:42,939 --> 00:50:45,075
COMES DOWN TO THE REVENUE FORCES

1399
00:50:45,075 --> 00:50:47,244
WE PUT IN FRONT, IT COMES DOWN 

1400
00:50:47,244 --> 00:50:50,714
TO, ON OUR CASE, SOME SPENDING 

1401
00:50:50,714 --> 00:50:53,283
OPTIONS THAT WE HAVE, AND SORT 

1402
00:50:53,283 --> 00:50:56,686
OF THE EFFECT OF HOW DOES THAT 

1403
00:50:56,686 --> 00:50:57,621
AFFECT PRIVATE DECISIONS ABOUT 

1404
00:50:57,621 --> 00:50:59,990
WHERE PEOPLE DECIDE TO LOCATE, 

1405
00:50:59,990 --> 00:51:01,458
HOW THAT DRIVES THE BROADER 

1406
00:51:01,458 --> 00:51:03,560
ECONOMY, BUT WE DON'T DIRECTLY 

1407
00:51:03,560 --> 00:51:06,229
DETERMINE THOSE THINGS, WE JUST 

1408
00:51:06,229 --> 00:51:07,297
MAKE THOSE DECISIONS, WE SET THE

1409
00:51:07,297 --> 00:51:12,969
TABLE FOR OTHER PEOPLE TO MAKE 

1410
00:51:12,969 --> 00:51:14,938
THEIR OWN DECISIONSISM . 

1411
00:51:14,938 --> 00:51:16,306
&gt;&gt; I UNDERSTAND, IT HIGHLIGHTS 

1412
00:51:16,306 --> 00:51:18,775
OLYMPIA IS NOT GETTING THE JOB 

1413
00:51:18,775 --> 00:51:22,546
DONE. WE ARE LIVING WITH THE 

1414
00:51:22,546 --> 00:51:24,347
LEGACY OF TIM, ARE WE MAKING 

1415
00:51:24,347 --> 00:51:27,317
THOSE HARD STEPS TO FIX OUR 

1416
00:51:27,317 --> 00:51:30,320
CONSTITUTION, OR FIX OUR LAWS TO

1417
00:51:30,320 --> 00:51:30,954
ADDRESS THAT? YOU ARE RIGHT. 

1418
00:51:30,954 --> 00:51:32,422
BECAUSE OF THAT, FOR EVERY 

1419
00:51:32,422 --> 00:51:33,757
ACTION THERE IS A REACTION, THAT

1420
00:51:33,757 --> 00:51:35,892
IS WHY WE HAVE GONE HEAVY ON 

1421
00:51:35,892 --> 00:51:39,129
LEVYS, WHICH NOW WE ARE ABOUT TO

1422
00:51:39,129 --> 00:51:40,864
BASICALLY HIT THE CEILING ON 

1423
00:51:40,864 --> 00:51:41,865
THAT. SO THAT IS SOMETHING THAT 

1424
00:51:41,865 --> 00:51:43,767
WE CAN CONTROL IN TERMS OF THE 

1425
00:51:43,767 --> 00:51:45,936
VARIOUS LEVYS WE HAVE HAD, ALONG

1426
00:51:45,936 --> 00:51:47,604
WITH SALES TAX, WE DID PUBLIC 

1427
00:51:47,604 --> 00:51:49,606
SAFETY SALES TAX, I WOULD LIKE 

1428
00:51:49,606 --> 00:51:50,674
TO LOOK INTO THAT, IN TERMS OF 

1429
00:51:50,674 --> 00:51:52,375
HOW WE ARE SPENDING THAT. WE 

1430
00:51:52,375 --> 00:51:54,778
HAVE THE TRANSIT PIECE COMING UP

1431
00:51:54,778 --> 00:51:59,316
SOON, AND BONDS AS WELL. SO 

1432
00:51:59,316 --> 00:52:00,984
THOSE ARE WITHIN OUR, YOU KNOW, 

1433
00:52:00,984 --> 00:52:02,953
BAILEY WICK AS THE SAYING GOES. 

1434
00:52:02,953 --> 00:52:04,921
I THINK IT IS REALLY IMPORTANT 

1435
00:52:04,921 --> 00:52:08,492
FOR US TO LOOK AT THIS IN TERMS 

1436
00:52:08,492 --> 00:52:11,161
OF OUR BUDGET REVENUE SPENDING, 

1437
00:52:11,161 --> 00:52:14,064
AND HOW WE ARE IMPACTING IT AS 

1438
00:52:14,064 --> 00:52:15,565
WELL. COLLEAGUES, I WOULD CLOSE 

1439
00:52:15,565 --> 00:52:16,733
BY SAYING, THANK YOU COUNCIL 

1440
00:52:16,733 --> 00:52:18,668
PRESIDENT, IS THAT WE REALLY 

1441
00:52:18,668 --> 00:52:20,704
SHOULD BE LOOKING AT 

1442
00:52:20,704 --> 00:52:22,772
AFFORDABILITY FIRST FOR THE 

1443
00:52:22,772 --> 00:52:23,840
RESIDENTS, THAT IS UNDERSTOOD. 

1444
00:52:23,840 --> 00:52:26,676
BUT WE SHOULD ALSO BE MINDFUL 

1445
00:52:26,676 --> 00:52:29,045
AND SAY IT OUT LOUD IN TERMS OF 

1446
00:52:29,045 --> 00:52:29,779
AFFORDABILITY FOR BUSINESSES, 

1447
00:52:29,779 --> 00:52:31,748
AND LASTLY, WHAT IS THE TRUE 

1448
00:52:31,748 --> 00:52:33,550
AFFORDABILITY OF OUR CITY 

1449
00:52:33,550 --> 00:52:35,051
GOVERNMENT? CAN WE-- WE CANNOT 

1450
00:52:35,051 --> 00:52:36,920
BE, BY LAW, WE CAN'T, BUT THIS 

1451
00:52:36,920 --> 00:52:38,021
GOES TO THE SPENDING VERSES 

1452
00:52:38,021 --> 00:52:39,389
REVENUE, THERE IS LOT OF FOCUS 

1453
00:52:39,389 --> 00:52:41,591
ON REVENUE BUT WE ALSO HAVE TO 

1454
00:52:41,591 --> 00:52:42,726
LOOK AT THE SPENDING PIECE 

1455
00:52:42,726 --> 00:52:45,662
BECAUSE, BECAUSE OF THAT FIRST 

1456
00:52:45,662 --> 00:52:48,031
ONE, RESIDENTS, ALL THESE 

1457
00:52:48,031 --> 00:52:48,999
HOUSEHOLDS HAVE TO DO THEIR 

1458
00:52:48,999 --> 00:52:52,369
BUDGET AND WE HAVE TO MAKE HARD 

1459
00:52:52,369 --> 00:52:55,272
CHOICES OURSELVES AND I THINK, 

1460
00:52:55,272 --> 00:52:56,540
YOU KNOW, FRAMING THAT WAY, 

1461
00:52:56,540 --> 00:52:57,707
AFFORDABILITY FOR RESIDENTS AND 

1462
00:52:57,707 --> 00:52:59,309
CITY GOVERNMENT AND THE IMPACTS 

1463
00:52:59,309 --> 00:52:59,843
IS IMPORTANT. THANK YOU. 

1464
00:52:59,843 --> 00:53:01,845
&gt;&gt; THANK YOU, COUNCIL MEMBER 

1465
00:53:01,845 --> 00:53:02,412
KETTLE. COUNCIL MEMBER LIN 

1466
00:53:02,412 --> 00:53:04,414
FOLLOWED BY COUNCIL MEMBER 

1467
00:53:04,414 --> 00:53:08,418
JUAREZ AND COUNCIL MEMBER 

1468
00:53:08,418 --> 00:53:08,652
RIVERA. 

1469
00:53:08,652 --> 00:53:13,223
&gt;&gt; THANK YOU. JUST LOOKING AT 

1470
00:53:13,223 --> 00:53:15,992
SLIDE THREE, AND KIND OF GOING 

1471
00:53:15,992 --> 00:53:17,127
BACK TO COUNCIL MEMBER 

1472
00:53:17,127 --> 00:53:18,595
STRAUSS'S POINT, YOU KNOW, HOW 

1473
00:53:18,595 --> 00:53:20,096
MUCH THIS HAS CHANGED PROBABLY 

1474
00:53:20,096 --> 00:53:22,432
IN THE PAST 10, 20, 30 YEARS, 

1475
00:53:22,432 --> 00:53:26,736
BUT ALSO I WOULD BE VERY CURIOUS

1476
00:53:26,736 --> 00:53:29,906
TO SEE HOW THIS COMPARES TO 

1477
00:53:29,906 --> 00:53:31,942
OTHER CITIES, MAYBE OF SIMILAR 

1478
00:53:31,942 --> 00:53:35,946
SIZE, I SUSPECT WE ARE A BIT OF 

1479
00:53:35,946 --> 00:53:37,280
AN OUTLIER HERE, CERTAINLY THINK

1480
00:53:37,280 --> 00:53:41,518
IN TERMS OF WHEN WE TALK ABOUT 

1481
00:53:41,518 --> 00:53:46,089
INFLATION AND HIGH DEMAND, I 

1482
00:53:46,089 --> 00:53:47,791
THINK THAT GROWING HIGH INCOME 

1483
00:53:47,791 --> 00:53:50,126
NUMBER THERE, DRIVING UP THE 

1484
00:53:50,126 --> 00:53:51,695
DEMAND FOR HOUSING AND OTHER 

1485
00:53:51,695 --> 00:53:55,231
COSTS IS A SIGNIFICANT PORTION 

1486
00:53:55,231 --> 00:53:57,701
OF THAT INFLATIONARY PRESSURE, 

1487
00:53:57,701 --> 00:54:01,271
WHICH IS NOT ONLY IMPACTING 

1488
00:54:01,271 --> 00:54:03,273
OTHER RESIDENTS, BUT ALSO, YOU 

1489
00:54:03,273 --> 00:54:05,141
KNOW, WE SEE THIS INFLATIONARY 

1490
00:54:05,141 --> 00:54:05,809
PRESSURE FROM BIG BUSINESS THAT 

1491
00:54:05,809 --> 00:54:08,545
IS MAYBE IMPACTING SOME OF OUR 

1492
00:54:08,545 --> 00:54:10,146
SMALL BUSINESSES THAT ARE HAVING

1493
00:54:10,146 --> 00:54:11,147
STRUGGLING TO COMPETE, TO OFFER 

1494
00:54:11,147 --> 00:54:17,187
THE SAME WAGES OR THE HIGH COST 

1495
00:54:17,187 --> 00:54:21,791
OF HOUSING IMPACTING OUR SMALLER

1496
00:54:21,791 --> 00:54:22,692
BUSINESSES. AND GOING TO, 

1497
00:54:22,692 --> 00:54:24,995
STAYING ON THIS SLIDE FOR A 

1498
00:54:24,995 --> 00:54:28,098
MOMENT, I WANTED TO DISTINGUISH 

1499
00:54:28,098 --> 00:54:30,000
THERE ARE VERY DIFFERENT INCOME 

1500
00:54:30,000 --> 00:54:32,369
CHARTS FOR HOME OWNERS VERSES 

1501
00:54:32,369 --> 00:54:36,106
RENTERS, OFFICE OF HOUSING HAS 

1502
00:54:36,106 --> 00:54:37,440
HIGHLIGHTED THAT AND HOW THAT 

1503
00:54:37,440 --> 00:54:40,110
THIS HIGH END IS REALLY SKEWING 

1504
00:54:40,110 --> 00:54:43,413
OUR AREA MEDIAN INCOME IN A WAY 

1505
00:54:43,413 --> 00:54:45,315
THAT IS LEADING TO WEIRD RESULTS

1506
00:54:45,315 --> 00:54:47,017
IN SOME OF OUR PROGRAMS IN TERMS

1507
00:54:47,017 --> 00:54:50,453
OF HOW WE ARE DETERMINING RENTS 

1508
00:54:50,453 --> 00:54:53,990
AND SO ON FOR OUR AFFORDABLE 

1509
00:54:53,990 --> 00:54:55,392
HOUSING. SO KIND OF SAID IN THE 

1510
00:54:55,392 --> 00:54:58,428
DISCUSSION EARLIER, YOU KNOW, WE

1511
00:54:58,428 --> 00:55:02,565
HAVE A STATE DEFINITION, BUT ARE

1512
00:55:02,565 --> 00:55:05,035
THERE WAYS WE COULD DISTINGUISH 

1513
00:55:05,035 --> 00:55:06,503
BETWEEN HOME OWNERS AND RENTERS,

1514
00:55:06,503 --> 00:55:10,306
OR WHAT WOULD IT DO IF WE TOOK 

1515
00:55:10,306 --> 00:55:16,012
OUT SOME OF THE HIGH-END EARNERS

1516
00:55:16,012 --> 00:55:19,249
FROM OUR INCOME CHART? AND THEN 

1517
00:55:19,249 --> 00:55:21,685
JUST GOING BACK TO SLIDE FIVE, 

1518
00:55:21,685 --> 00:55:25,255
AS YOU POINTED OUT, IT IS NOT 

1519
00:55:25,255 --> 00:55:28,124
EASY TO TALK ABOUT THE TAX 

1520
00:55:28,124 --> 00:55:29,759
IMPACT, PROPERTY TAX IMPACT ON 

1521
00:55:29,759 --> 00:55:30,393
RENTERS, THAT IS REALLY A 

1522
00:55:30,393 --> 00:55:31,428
DIFFICULT EXERCISE TO DO BUT I 

1523
00:55:31,428 --> 00:55:35,298
WANT TO POINT OUT A COUPLE OF 

1524
00:55:35,298 --> 00:55:41,705
THINGS, WE DO HAVE A NUMBER OF 

1525
00:55:41,705 --> 00:55:43,740
APARTMENTS, RENTAL PROPERTIES 

1526
00:55:43,740 --> 00:55:45,675
THAT DON'T PAY PROPERTY TAXES 

1527
00:55:45,675 --> 00:55:47,110
EITHER, BECAUSE THEY ARE 

1528
00:55:47,110 --> 00:55:50,714
AFFORDABLE HOUSING, OR SOME OF 

1529
00:55:50,714 --> 00:55:54,951
OUR MULTIFAMILY TAX EXEMPTION 

1530
00:55:54,951 --> 00:55:59,122
PROGRAMS, FTE ARE EXEMPT FROM 

1531
00:55:59,122 --> 00:56:00,623
PROPERTY TAXES, AND ALSO 

1532
00:56:00,623 --> 00:56:02,992
RECOGNIZING THAT HOME OWNERS, 

1533
00:56:02,992 --> 00:56:07,230
LOW INCOME HOME OWNERS, SENIORS,

1534
00:56:07,230 --> 00:56:12,235
CAN GET A TAX DEDUCTION, BUT OUR

1535
00:56:12,235 --> 00:56:16,706
LOW INCOME SENIOR RENTERS CANNOT

1536
00:56:16,706 --> 00:56:18,041
GET THAT SIMILAR TAX RELIEF, AND

1537
00:56:18,041 --> 00:56:19,676
NOT QUITE SURE HOW TO ADDRESS 

1538
00:56:19,676 --> 00:56:21,010
THAT, BECAUSE THEY AREN'T 

1539
00:56:21,010 --> 00:56:23,246
DIRECTLY TAXED, BUT IF THERE IS 

1540
00:56:23,246 --> 00:56:26,583
ANY CREATIVE WAYS TO PROVIDE OUR

1541
00:56:26,583 --> 00:56:28,318
LOW INCOME SENIOR RENTERS 

1542
00:56:28,318 --> 00:56:29,319
SIMILAR RELIEF, I DON'T KNOW. 

1543
00:56:29,319 --> 00:56:32,555
&gt;&gt; JUST A COUPLE OF POINTS, A 

1544
00:56:32,555 --> 00:56:36,092
LOT OF THE PROPERTY TAX DEFERRAL

1545
00:56:36,092 --> 00:56:37,927
PROGRAMS ARE, YOU KNOW, THE TAX 

1546
00:56:37,927 --> 00:56:39,062
IS DEFERRED. IT WILL STILL BE ON

1547
00:56:39,062 --> 00:56:40,930
THE BILL AT SOME POINT WHEN THE 

1548
00:56:40,930 --> 00:56:43,400
PROPERTY CHANGES HANDS IN THE 

1549
00:56:43,400 --> 00:56:45,335
FUTURE, SO IT ISN'T 

1550
00:56:45,335 --> 00:56:46,035
NECESSARILY, YOU KNOW, 

1551
00:56:46,035 --> 00:56:48,772
FORGIVENESS OR ASSISTANCE IN A 

1552
00:56:48,772 --> 00:56:50,473
TRADITIONAL WAY WE HAVE WITH, 

1553
00:56:50,473 --> 00:56:51,574
SAY, THE UTILITY PROGRAM. I DID 

1554
00:56:51,574 --> 00:56:54,310
WANT TO HIGHLIGHT SOMETHING I 

1555
00:56:54,310 --> 00:56:56,646
THOUGHT WAS INTERESTING, BUT IT 

1556
00:56:56,646 --> 00:56:58,748
IS HARD TO UNDERSTAND WHAT A 

1557
00:56:58,748 --> 00:57:01,518
MEDIAN RENTAL IS, BUT IN THIS 

1558
00:57:01,518 --> 00:57:04,554
CONTEXT, THIS PROPERTY, IF IT 

1559
00:57:04,554 --> 00:57:07,924
WAS RENTED TO AN AVERAGE PERSON,

1560
00:57:07,924 --> 00:57:10,693
$3, 101 BILL IS SIX WEEKS OF 

1561
00:57:10,693 --> 00:57:13,062
RENT COMING INTO THAT PROPERTY. 

1562
00:57:13,062 --> 00:57:14,597
I KNOW THAT IS NOT NECESSARILY 

1563
00:57:14,597 --> 00:57:16,132
ANY ONE SPEERNED IT BUT IN TERMS

1564
00:57:16,132 --> 00:57:22,305
OF CONTEXT, THAT IS WHAT THAT 

1565
00:57:22,305 --> 00:57:24,040
TABLE IS SAYING. 

1566
00:57:24,040 --> 00:57:25,942
&gt;&gt; UM, THANK YOU. I GUESS-MOVING

1567
00:57:25,942 --> 00:57:29,045
ON TO SLIDE SIX, AS WE ALL KNOW,

1568
00:57:29,045 --> 00:57:31,881
THAT COST BURDEN, YOU KNOW, JUST

1569
00:57:31,881 --> 00:57:33,616
AS WE THINK ABOUT OUR TAX 

1570
00:57:33,616 --> 00:57:35,985
STRUCTURE AND WHO CAN BARE THE 

1571
00:57:35,985 --> 00:57:37,153
BURDEN OF ANY ADDITIONAL COSTS, 

1572
00:57:37,153 --> 00:57:39,923
IT IS, YOU KNOW, CLEARLY OUR 

1573
00:57:39,923 --> 00:57:41,157
HIGHEST INCOME HOUSEHOLD WHOSE 

1574
00:57:41,157 --> 00:57:46,029
ARE MOST EQUIPPED TO HANDLE ANY 

1575
00:57:46,029 --> 00:57:51,701
ADDITIONAL COST BURDEN, WHATEVER

1576
00:57:51,701 --> 00:57:53,503
THAT IS, TAXES, OTHER COSTS. 

1577
00:57:53,503 --> 00:57:56,306
GIVEN OUR UPSIDE DOWN TAX CODE, 

1578
00:57:56,306 --> 00:57:59,309
ANY CREATIVE WAYS WE CAN SHIFT 

1579
00:57:59,309 --> 00:58:01,578
IT TO THOSE WHO HAVE THE ABILITY

1580
00:58:01,578 --> 00:58:05,315
WHO REALLY ARE NOT STRUGGLING 

1581
00:58:05,315 --> 00:58:05,982
WITH HIGH TAXES, OR COSTS, THAT 

1582
00:58:05,982 --> 00:58:09,919
IN THE SAME WAY THAT THE REST OF

1583
00:58:09,919 --> 00:58:10,887
OUR RESIDENTS ARE. 

1584
00:58:10,887 --> 00:58:12,822
&gt;&gt; THANK YOU. MORE OF A COMMENT 

1585
00:58:12,822 --> 00:58:14,257
THAN A QUESTION THERE. 

1586
00:58:14,257 --> 00:58:15,692
&gt;&gt; AWESOME. THANK YOU, COUNCIL 

1587
00:58:15,692 --> 00:58:17,694
MEMBER LIN. WE HAVE COUNCIL 

1588
00:58:17,694 --> 00:58:20,230
MEMBER JUAREZ FOLLOWED BY 

1589
00:58:20,230 --> 00:58:23,433
COUNCIL MEMBER RIVERA. 

1590
00:58:23,433 --> 00:58:25,401
&gt;&gt; THANK YOU, MADAM CHAIR. 

1591
00:58:25,401 --> 00:58:26,002
CALVIN, THANK YOU FOR PULLING 

1592
00:58:26,002 --> 00:58:28,171
THIS ALL TOGETHER FOR US. I WANT

1593
00:58:28,171 --> 00:58:30,874
TO FOCUS ON THE ELEPHANT IN THE 

1594
00:58:30,874 --> 00:58:32,809
ROOM, I KNOW THAT WE, I WILL USE

1595
00:58:32,809 --> 00:58:34,577
COUNCIL MEMBER KETTLE, I AM 

1596
00:58:34,577 --> 00:58:38,481
LAUGHING WE ARE BACK TO OLD 

1597
00:58:38,481 --> 00:58:39,682
ENGLISH WITH BALLY WICK, BUT, 

1598
00:58:39,682 --> 00:58:40,583
CALVIN, YOU SAID SOMETHING I 

1599
00:58:40,583 --> 00:58:41,985
HAVE BEEN AROUND LONG ENOUGH TO 

1600
00:58:41,985 --> 00:58:43,386
KNOW WHAT I AM HEARING, WHAT IS 

1601
00:58:43,386 --> 00:58:48,558
IN OUR CONTROL, AND WHAT IS NOT 

1602
00:58:48,558 --> 00:58:50,126
IN OUR CONTROL. AND WE PUT 

1603
00:58:50,126 --> 00:58:51,194
TOGETHER-- MY UNDERSTANDING OF 

1604
00:58:51,194 --> 00:58:54,130
THE PURPOSE OF TODAY, TO GO OVER

1605
00:58:54,130 --> 00:58:54,998
AFFORDABILITY, WHICH IS 

1606
00:58:54,998 --> 00:58:57,133
IMPORTANT, OBVIOUSLY IN THESE 

1607
00:58:57,133 --> 00:58:59,669
FOUR AREAS OF FOOD, HOUSING, 

1608
00:58:59,669 --> 00:59:06,843
TRANSPORTATION, AND CHILDCARE. 

1609
00:59:06,843 --> 00:59:07,844
AGAIN, NO OFFENSE TO YOU, 

1610
00:59:07,844 --> 00:59:10,880
COUNCIL MEMBER LIN, BUT WHEN I 

1611
00:59:10,880 --> 00:59:12,382
HEAR CREATIVE WAYS, I HEAR 

1612
00:59:12,382 --> 00:59:14,117
PROGRESSIVE THANKS, AND NOT A 

1613
00:59:14,117 --> 00:59:16,286
BAD WORD, BUT I WANT TO BE UP 

1614
00:59:16,286 --> 00:59:20,089
FRONT AS IF I AM HEARING THAT 

1615
00:59:20,089 --> 00:59:21,157
WRONG, THEN, PLEASE CORRECT ME. 

1616
00:59:21,157 --> 00:59:27,563
THE CITY OF SEATTLE HAS WHAT WE 

1617
00:59:27,563 --> 00:59:33,169
CALL LEGACY LEVYS, WE HAVE FOUR,

1618
00:59:33,169 --> 00:59:34,370
PROBABLY MORE, RECENT LIBRARY 

1619
00:59:34,370 --> 00:59:35,171
LEVY, TRANSPORTATION LEVY COMING

1620
00:59:35,171 --> 00:59:38,308
UP WITH COUNCIL MEMBER SAKA, THE

1621
00:59:38,308 --> 00:59:40,376
HOUSING LEVY, WE JUST HAD THE 

1622
00:59:40,376 --> 00:59:42,245
THE LEVY THE VOTERS AGREED UPON,

1623
00:59:42,245 --> 00:59:45,081
AND THEN OTHER ONES COMING UP, 

1624
00:59:45,081 --> 00:59:47,417
THE DEMOCRACY VOUCHERS, BUT THAT

1625
00:59:47,417 --> 00:59:49,786
IS NOT UP UNTIL 2035. THERE ARE 

1626
00:59:49,786 --> 00:59:51,087
FOUR TAXES RIGHT THERE, OR LEVYS

1627
00:59:51,087 --> 00:59:54,157
PUT ON OUR HOME OWNERS AND 

1628
00:59:54,157 --> 00:59:54,991
RENTERS. THEN THE CITY OF 

1629
00:59:54,991 --> 00:59:56,025
SEATTLE ITSELF, COUNCIL MEMBER 

1630
00:59:56,025 --> 00:59:57,493
MADIC, THAT IS WHAT WE HAVE 

1631
00:59:57,493 --> 00:59:58,661
CONTROL OVER, THAT WHEN WE 

1632
00:59:58,661 --> 01:00:01,764
DECIDE THE NINE MEMBERS MAKE A 

1633
01:00:01,764 --> 01:00:03,967
DECISION ABOUT A TAX, YOU HAVE 

1634
01:00:03,967 --> 01:00:06,002
BEEN AROUND, SO HAVE I, WHEN WE 

1635
01:00:06,002 --> 01:00:07,337
DID THE SWEETENED BEVERAGE TAX 

1636
01:00:07,337 --> 01:00:12,075
IN 2017, WHEN WE DID THE JUMP 

1637
01:00:12,075 --> 01:00:13,343
START TAX IN 2020, SOCIAL 

1638
01:00:13,343 --> 01:00:17,447
HOUSING, AS YOU KNOW, WENT TO 

1639
01:00:17,447 --> 01:00:21,784
THE VOTERS, B&amp;O TAX, WENT TO THE

1640
01:00:21,784 --> 01:00:25,388
VOTERS. THEN WE PASSED VIA THE 

1641
01:00:25,388 --> 01:00:26,990
BUDGET THE PUBLIC SAFETY TAX. 

1642
01:00:26,990 --> 01:00:30,026
SO, RIGHT THERE WE HAVE COUNTED 

1643
01:00:30,026 --> 01:00:33,563
UP SEVEN, EIGHT, NINE, TEN, 11, 

1644
01:00:33,563 --> 01:00:35,398
AND THEN WE HAVE THE COUNTY 

1645
01:00:35,398 --> 01:00:37,033
TAXES, WHICH IS FINE. WE ARE 

1646
01:00:37,033 --> 01:00:39,535
LOOKING AT BEST STARTS FOR KIDS,

1647
01:00:39,535 --> 01:00:40,570
WE HAVE VETERAN'S SERVICE IN 

1648
01:00:40,570 --> 01:00:41,738
HUMAN SERVICES LEVY THAT COMES 

1649
01:00:41,738 --> 01:00:45,341
UP. WE HAVE THE CRISIS CARE ONE 

1650
01:00:45,341 --> 01:00:46,743
THAT COMES UP. SAFE AND STABLE 

1651
01:00:46,743 --> 01:00:49,612
COMMUNITIES, PUBLIC SAFETY, AND 

1652
01:00:49,612 --> 01:00:52,448
THEN, OF COR, THE PENDING 

1653
01:00:52,448 --> 01:00:53,216
MILLIONAIRE TAX NOW BEING 

1654
01:00:53,216 --> 01:00:54,751
CHALLENGED. SO, I AM NOT DOING 

1655
01:00:54,751 --> 01:00:56,252
THIS TO HUMILIATE OR ACT LIKE I 

1656
01:00:56,252 --> 01:00:58,221
AM THE SMARTEST PERSON IN THE 

1657
01:00:58,221 --> 01:01:00,857
ROOM, BUT I THINK WHAT PEOPLE 

1658
01:01:00,857 --> 01:01:02,425
WANT TO HEAR IS HOW MANY CITY 

1659
01:01:02,425 --> 01:01:05,028
TAXES THAT WE ARE IN CONTROL OF,

1660
01:01:05,028 --> 01:01:05,928
WE HAVE OUR LEGACY LEVYS THAT 

1661
01:01:05,928 --> 01:01:08,765
COME UP AND GET PASSED AND WE 

1662
01:01:08,765 --> 01:01:11,768
GET IT, I THINK ADDRESS THE 

1663
01:01:11,768 --> 01:01:12,468
STANDARD FOOD, HOUSING, 

1664
01:01:12,468 --> 01:01:13,102
TRANSPORTATION, CHILDCARE, AND 

1665
01:01:13,102 --> 01:01:14,871
THEN WE HAVE THE OTHER TAXES WE 

1666
01:01:14,871 --> 01:01:17,607
HAVE BEEN CREATIVE, IF YOU WILL,

1667
01:01:17,607 --> 01:01:20,977
YOU KNOW, BEVERAGE, JUMP START, 

1668
01:01:20,977 --> 01:01:22,945
SOCIAL, OTHER TACKS, SO I GUESS 

1669
01:01:22,945 --> 01:01:24,981
MY POINT IS I APPRECIATE THE PIE

1670
01:01:24,981 --> 01:01:26,682
CHART, BUT I THINK WHAT WE ARE 

1671
01:01:26,682 --> 01:01:29,118
FEELING AND WHAT I AM HEARING 

1672
01:01:29,118 --> 01:01:34,223
AND WE ARE ALL ADULTS AND CAN 

1673
01:01:34,223 --> 01:01:37,293
AGREE TO DISAGREE IS TAX 

1674
01:01:37,293 --> 01:01:38,261
EXHAUSTION. AT LEAST FOR 2026. I

1675
01:01:38,261 --> 01:01:40,329
AM NOT SURE WHERE THIS LANDS US,

1676
01:01:40,329 --> 01:01:42,932
BUT I THINK WE HAVE TO BE FAIR 

1677
01:01:42,932 --> 01:01:47,136
AND SPEAK IN PLAIN TERMS FOR THE

1678
01:01:47,136 --> 01:01:48,104
PUBLIC WATCHING AND CERTAINLY I 

1679
01:01:48,104 --> 01:01:49,639
WANT TO BE STRAIGHT FORWARD THAT

1680
01:01:49,639 --> 01:01:53,910
I AM MINDFUL OF THE TAXES THAT 

1681
01:01:53,910 --> 01:01:55,445
COME FROM THIS NINE MEMBER WHEN 

1682
01:01:55,445 --> 01:01:58,047
WE DECIDE TO DO SOMETHING WHEN 

1683
01:01:58,047 --> 01:01:59,282
THAT AFFECTS PEOPLES' LIVES. I 

1684
01:01:59,282 --> 01:02:03,052
AM ALSO MINDFUL OF WHEN WE VOTE 

1685
01:02:03,052 --> 01:02:06,522
TO PUT SOMETHING ON THE BALLOT, 

1686
01:02:06,522 --> 01:02:09,225
IF IT PASSES OR NOT. AND IT 

1687
01:02:09,225 --> 01:02:11,027
ISN'T JUST PASSED TO HOME 

1688
01:02:11,027 --> 01:02:12,395
OWNERS, AND I DON'T THINK IT IS

1689
01:02:12,395 --> 01:02:14,163
FAIR TO SAY THAT SOME OF US, 

1690
01:02:14,163 --> 01:02:15,264
BECAUSE WE ARE HOME OWNERS, AND 

1691
01:02:15,264 --> 01:02:18,935
I AM A HOME OWNER, AND I WAS A 

1692
01:02:18,935 --> 01:02:20,103
RENTER, THAT WE CAN KEEP 

1693
01:02:20,103 --> 01:02:22,505
AFFORDABLE ALL OF THESE TAXES, 

1694
01:02:22,505 --> 01:02:23,773
ESPECIALLY FOR ELDERS THAT WANT 

1695
01:02:23,773 --> 01:02:29,178
TO AGE IN PLACE, IN HOME, EVEN 

1696
01:02:29,178 --> 01:02:30,680
THOUGH THERE ARE SOME STATE 

1697
01:02:30,680 --> 01:02:33,149
BREAKS FOR LOW INCOME ELDERS AND

1698
01:02:33,149 --> 01:02:34,517
GETS PASSED ON TO RENTERS. I 

1699
01:02:34,517 --> 01:02:35,985
THINK WE SHOULD BE HONEST THAT 

1700
01:02:35,985 --> 01:02:39,122
WE HAVE TO HAVE, AS COUNCIL 

1701
01:02:39,122 --> 01:02:41,023
MEMBER KETTLE WAS SAYING, I 

1702
01:02:41,023 --> 01:02:42,125
MEAN, WE CAN HAVE POLITICAL 

1703
01:02:42,125 --> 01:02:43,459
IDEOLOGY BUT AT THE END OF THE 

1704
01:02:43,459 --> 01:02:45,061
DAY PEOPLE HAVE TO HAVE JOBS SO 

1705
01:02:45,061 --> 01:02:48,297
THEY CAN PAY THEIR RENT AND 

1706
01:02:48,297 --> 01:02:49,932
MORTGAGE, THEY WANT TO BE SAFE, 

1707
01:02:49,932 --> 01:02:52,135
WANT KIDS TO GO TO SCHOOL 

1708
01:02:52,135 --> 01:02:53,369
WITHOUT FENTANYL AND GUNSHOT, 

1709
01:02:53,369 --> 01:02:55,071
CHILDCARE SO THEY CAN WORK, 

1710
01:02:55,071 --> 01:02:55,905
TRANSPORTATION AND RICH 

1711
01:02:55,905 --> 01:02:57,773
TRANSPORTATION SPINE, THAT IS 

1712
01:02:57,773 --> 01:02:59,542
AFFORDABLE THAT THEY CAN GET 

1713
01:02:59,542 --> 01:03:00,877
THERE, AND SO MY CONCERN, I WILL

1714
01:03:00,877 --> 01:03:02,078
BE GONE IN NOVEMBER, AND YOU 

1715
01:03:02,078 --> 01:03:04,413
WON'T HAVE TO HEAR FROM ME, 

1716
01:03:04,413 --> 01:03:05,815
WELL, I WON'T LEAVE SEATTLE, I 

1717
01:03:05,815 --> 01:03:07,283
AM NOT DEAD BUT I WON'T BE UP 

1718
01:03:07,283 --> 01:03:10,887
HERE, I THINK WE HAVE TO BE 

1719
01:03:10,887 --> 01:03:13,789
MINDFUL OUR BUSINESS COMMUNITY 

1720
01:03:13,789 --> 01:03:15,525
AND SOME BIGGEST CIVIC PARTNERS,

1721
01:03:15,525 --> 01:03:16,759
WE CAN'T HAVE EVERYBODY BE-- I 

1722
01:03:16,759 --> 01:03:21,998
DON'T KNOW IF YOU REMEMBER Y AM

1723
01:03:21,998 --> 01:03:23,266
SURE MR. KETTLE DOES, LAST ONE 

1724
01:03:23,266 --> 01:03:25,001
OUT OF SEATTLE, TURN THE LIGHTS 

1725
01:03:25,001 --> 01:03:27,303
OFF. I DON'T KNOW IF YOU 

1726
01:03:27,303 --> 01:03:31,007
REMEMBER THAT SAYING. I THINK WE

1727
01:03:31,007 --> 01:03:35,011
HAVE TO BE HONEST ABOUT WHAT 

1728
01:03:35,011 --> 01:03:35,745
LANDSCAPE LOOKS LIKE FOR THE 

1729
01:03:35,745 --> 01:03:38,648
CITY OF SEATTLE BEFORE WE TALK 

1730
01:03:38,648 --> 01:03:39,615
PROGRESSIVE OR CREATIVE TAXES 

1731
01:03:39,615 --> 01:03:41,617
MORE THAN COME FROM THIS BODY 

1732
01:03:41,617 --> 01:03:42,852
ELECT Y. AM A PROPONENT FOR, 

1733
01:03:42,852 --> 01:03:44,921
OKAY, PUT IT ON THE BALLOT AND 

1734
01:03:44,921 --> 01:03:46,255
LET THE VOTERS DECIDE IF, 

1735
01:03:46,255 --> 01:03:48,558
INDEED, THEY WANT TO BE TAXED 

1736
01:03:48,558 --> 01:03:50,860
FOR X. I AM NOT SO BIG ON THE 

1737
01:03:50,860 --> 01:03:51,661
IVORY TOWER NINE MEMBERS SAYING 

1738
01:03:51,661 --> 01:03:56,465
I THINK THIS IS WHAT IS BEST FOR

1739
01:03:56,465 --> 01:03:57,567
YOU. THEN HAVING THE MONEY THAT 

1740
01:03:57,567 --> 01:04:01,003
IS SUPPOSED TO GO TO NOT GO 

1741
01:04:01,003 --> 01:04:05,041
THERE. WE HAVE SEEN THAT. WE ARE

1742
01:04:05,041 --> 01:04:05,975
PASSING THIS AS NINE-MEMBER 

1743
01:04:05,975 --> 01:04:07,810
COUNCIL AND WANT TO GO TO X AND 

1744
01:04:07,810 --> 01:04:09,312
SLOWLY IT STARTS PEALING AWAY, 

1745
01:04:09,312 --> 01:04:11,414
WELL MAYBE WE CAN PUT, YOU KNOW,

1746
01:04:11,414 --> 01:04:15,151
10% OVER HERE AND 20% OVER HERE,

1747
01:04:15,151 --> 01:04:17,687
AND ANOTHER 30 OVER HERE AND THE

1748
01:04:17,687 --> 01:04:19,755
ORIGINAL REASON WE PASSED THE 

1749
01:04:19,755 --> 01:04:24,160
TAX AS NINE-MEMBER ELECTED 

1750
01:04:24,160 --> 01:04:27,830
BOARD, DOESN'T GO TO THE 

1751
01:04:27,830 --> 01:04:29,832
INTENDED PURPOSE. SO I DO 

1752
01:04:29,832 --> 01:04:31,734
APPRECIATE, AS YOU KNOW, I AM 

1753
01:04:31,734 --> 01:04:37,006
NOT QUITE A BIG AS A WONK AS YOU

1754
01:04:37,006 --> 01:04:38,674
BUT I APPRECIATE THE PIE CHART 

1755
01:04:38,674 --> 01:04:41,010
AND LINING UP THE BASICS 

1756
01:04:41,010 --> 01:04:42,311
INCREASES IN THE FOOD, HOUSING, 

1757
01:04:42,311 --> 01:04:42,979
TRANSPORTATION, TUITION, AND WE 

1758
01:04:42,979 --> 01:04:45,748
ARE MINDFUL OF THE GLOBAL AND 

1759
01:04:45,748 --> 01:04:47,016
NATIONAL THINGS HAPPENING TO OUR

1760
01:04:47,016 --> 01:04:49,719
ECONOMY. WE KNOW THE STOCK 

1761
01:04:49,719 --> 01:04:51,921
MARKET IS NOT THE ONLY INDICATOR

1762
01:04:51,921 --> 01:04:52,989
OF OUR ECONOMIC CONDITIONS, AND 

1763
01:04:52,989 --> 01:04:55,458
I DON'T SEE IT GETTING ANY 

1764
01:04:55,458 --> 01:04:58,160
BETTER IN THE NEXT 18 MONTHS. I 

1765
01:04:58,160 --> 01:05:01,764
COULD BE WRONG. BUT I DON'T SEE

1766
01:05:01,764 --> 01:05:02,632
THAT HAPPENING. WITH THAT, 

1767
01:05:02,632 --> 01:05:04,967
COUNCIL PRESIDENT, I WANT TO 

1768
01:05:04,967 --> 01:05:07,236
THANK YOU FOR PUTTING THE 

1769
01:05:07,236 --> 01:05:08,070
AFFORDABILITY PIECE IN 

1770
01:05:08,070 --> 01:05:09,372
CONVERSATION TO BE CANDID FRONT 

1771
01:05:09,372 --> 01:05:11,941
AND CENTER, SO WE COULD TALK 

1772
01:05:11,941 --> 01:05:12,708
ABOUT THOSE THINGS. AND, AGAIN, 

1773
01:05:12,708 --> 01:05:16,045
I DON'T MEAN TO BE THE, YOU 

1774
01:05:16,045 --> 01:05:18,147
KNOW, THE, RUIN THE PARTY HERE, 

1775
01:05:18,147 --> 01:05:22,752
BUT I WANTED TO JUST LET PEOPLE 

1776
01:05:22,752 --> 01:05:25,488
KNOW WE HAVE LOT OF CITY OF 

1777
01:05:25,488 --> 01:05:27,189
SEATTLE LEVYS AND TAXES THE 

1778
01:05:27,189 --> 01:05:31,227
VOTER PASSED AND LOT OF CITY OF 

1779
01:05:31,227 --> 01:05:34,196
SEATTLE TAXES THIS NINE-MEMBER 

1780
01:05:34,196 --> 01:05:34,730
ELECTED BOARD PASSED. 

1781
01:05:34,730 --> 01:05:36,766
&gt;&gt; COUNCIL MEMBER, THANK YOU, I 

1782
01:05:36,766 --> 01:05:38,267
THINK THE ONE THING THAT YOU 

1783
01:05:38,267 --> 01:05:40,102
REALLY DID HIGHLIGHT IS WE ARE 

1784
01:05:40,102 --> 01:05:41,003
ONLY TALKING ABOUT ABOUT 

1785
01:05:41,003 --> 01:05:44,674
PROPERTY TAX AND SALES TAX AND 

1786
01:05:44,674 --> 01:05:46,542
THERE ARE ANY NUMBER OF OTHER 

1787
01:05:46,542 --> 01:05:48,444
CITY TAXES, GOVERNMENT TAXES, 

1788
01:05:48,444 --> 01:05:50,146
THAT PEOPLE HAVE TO PAY. THAT 

1789
01:05:50,146 --> 01:05:50,780
SHOULD BE PART OF YOUR 

1790
01:05:50,780 --> 01:05:55,418
CONSIDERATION HAS THE YOU THINK 

1791
01:05:55,418 --> 01:05:57,586
ABOUT THESE THINGS GOING 

1792
01:05:57,586 --> 01:05:58,854
FORWARD. YOU KNOW, ULTIMATELY 

1793
01:05:58,854 --> 01:05:59,989
PROPERTY TAX HAS BEEN LARGELY 

1794
01:05:59,989 --> 01:06:01,490
STABLE BECAUSE EVEN THOUGH WE DO

1795
01:06:01,490 --> 01:06:05,594
HAVE PEOPLE MOVING IN AND OUT, 

1796
01:06:05,594 --> 01:06:07,596
THE PROPERTY ITSELF IS LARGELY--

1797
01:06:07,596 --> 01:06:09,899
WE HAVE BEEN ATTRACTIVE ENOUGH 

1798
01:06:09,899 --> 01:06:12,268
AREA SO FAR THAT THAT SORT OF 

1799
01:06:12,268 --> 01:06:14,937
PROPERTY TAX BASE HAS CONTINUED 

1800
01:06:14,937 --> 01:06:17,139
TO BE THERE. SOME OF OUR OTHER 

1801
01:06:17,139 --> 01:06:21,177
TAXES HAD DIFFERENT B&amp;O TAX OR 

1802
01:06:21,177 --> 01:06:22,812
OTHER TAXES AND GOVERNMENTS OR 

1803
01:06:22,812 --> 01:06:24,814
OTHER ENTITIES MIGHT HAVE 

1804
01:06:24,814 --> 01:06:26,282
DIFFERENT OPTIONS WITHIN THE 

1805
01:06:26,282 --> 01:06:29,685
REGION TO RELOCATE AND NOT PAY 

1806
01:06:29,685 --> 01:06:31,954
THOSE TAXES SO THERE ARE 

1807
01:06:31,954 --> 01:06:33,155
DEFINITELY THE POTENTIAL TO 

1808
01:06:33,155 --> 01:06:34,790
CHANGE WHAT DECISIONS ARE IN 

1809
01:06:34,790 --> 01:06:36,726
FRONT OF PEOPLE BASED ON WHAT 

1810
01:06:36,726 --> 01:06:38,394
OUR TAX STRUCTURE LOOKS LIKE. IT

1811
01:06:38,394 --> 01:06:41,964
IS HARD TO KIND OF DO A GLOBAL 

1812
01:06:41,964 --> 01:06:43,466
SORT OF TAX ASSESSMENT, OFTEN 

1813
01:06:43,466 --> 01:06:45,134
TIMES WHAT HAPPENS, I THINK, IS 

1814
01:06:45,134 --> 01:06:47,136
THE PROPOSAL COMES FORWARD AND 

1815
01:06:47,136 --> 01:06:48,437
WE, FOR INSTANCE, THE SEATTLE 

1816
01:06:48,437 --> 01:06:50,072
TRANSIT MEASURE, WHICH IS THE 

1817
01:06:50,072 --> 01:06:50,740
SALES TAX PROPOSAL, WILL BE 

1818
01:06:50,740 --> 01:06:52,775
DISCUSSED THIS WEEK AND YOU WILL

1819
01:06:52,775 --> 01:06:53,642
GET THE MAYOR'S PRESENTATION ON

1820
01:06:53,642 --> 01:06:55,511
IT, OFTEN TIMES WE WILL LOOK AT 

1821
01:06:55,511 --> 01:06:56,912
THE INCREMENT, WHAT CHANGED IN 

1822
01:06:56,912 --> 01:07:01,350
THE PROPOSAL. OUR INTENT WAS 

1823
01:07:01,350 --> 01:07:04,787
GLOBAL CONTEXT BACKGROUND TO PUT

1824
01:07:04,787 --> 01:07:05,688
IN A BROADER PERSPECTIVE. NOT 

1825
01:07:05,688 --> 01:07:06,956
SAYING IT NECESSARILY DOES THAT 

1826
01:07:06,956 --> 01:07:07,990
THE BEST WAY, BUT HOPEFULLY THAT

1827
01:07:07,990 --> 01:07:09,492
IS INFORMATION THAT YOU CAN USE 

1828
01:07:09,492 --> 01:07:14,764
AS YOU LOOK AT THESE OTHER 

1829
01:07:14,764 --> 01:07:15,364
PROPOSALS THAT COME FORTH. 

1830
01:07:15,364 --> 01:07:20,469
&gt;&gt; I WANT TO THANK YOU, THEY PUT

1831
01:07:20,469 --> 01:07:21,804
TOGETHER MY CHEAT SHEET AND 

1832
01:07:21,804 --> 01:07:22,738
ADDING TO ALL THE TAXES, I 

1833
01:07:22,738 --> 01:07:25,007
DON'T SAY THAT TO, LIKE I AM 

1834
01:07:25,007 --> 01:07:26,876
AGAINST A PROGRESSIVE TAX, I AM 

1835
01:07:26,876 --> 01:07:28,077
JUST SAYING, THE WHOLE LANDSCAPE

1836
01:07:28,077 --> 01:07:31,213
NEEDS TO BE LOOKED AT IN THE 

1837
01:07:31,213 --> 01:07:32,415
BURDEN, OTHER SIDE WHICH WE 

1838
01:07:32,415 --> 01:07:33,883
HAVEN'T TOUCHED ON, YOU KNOW, 

1839
01:07:33,883 --> 01:07:36,052
WE ARE-- I THINK THE WORST WAY 

1840
01:07:36,052 --> 01:07:37,987
TO FIND OUT WHEN YOU TAX AND WE 

1841
01:07:37,987 --> 01:07:38,921
SEE WHERE THE MONEY IS GOING IS 

1842
01:07:38,921 --> 01:07:40,689
TO FIND OUT IT IS NOT GO TLG AND

1843
01:07:40,689 --> 01:07:42,858
READ ABOUT IT THAT THERE IS AN 

1844
01:07:42,858 --> 01:07:45,461
AUDIT AND FRAUD AND, YOU KNOW, 

1845
01:07:45,461 --> 01:07:46,429
MISMANAGEMENT AND MISHANDLING. 

1846
01:07:46,429 --> 01:07:52,435
THAT IS THE WORSE WAY TO FIND 

1847
01:07:52,435 --> 01:07:53,702
OUT. WE HAVE CITY AUDITOR BUT I 

1848
01:07:53,702 --> 01:07:55,905
DON'T THINK THEY ARE TRULY 

1849
01:07:55,905 --> 01:07:57,406
INDEPENDENT. WE DON'T HAVE LIKE

1850
01:07:57,406 --> 01:08:02,645
A THIRD-PARTY AUDITOR OUT THERE,

1851
01:08:02,645 --> 01:08:05,314
LIKE KING COUNTY. I DON'T WANT 

1852
01:08:05,314 --> 01:08:06,315
TO SAY ANY TAX BECAUSE PEOPLE 

1853
01:08:06,315 --> 01:08:07,917
SAY COUNCIL MEMBER JUAREZ IS 

1854
01:08:07,917 --> 01:08:09,552
AGAINST THIS TAX. BUT TO SAY WE 

1855
01:08:09,552 --> 01:08:11,287
PASSED THE TAX IN 2021 AND THIS 

1856
01:08:11,287 --> 01:08:12,621
IS WHAT IT WAS FOR, NOW LETS 

1857
01:08:12,621 --> 01:08:16,058
LOOK WHETHER OR NOT WE RAISED 

1858
01:08:16,058 --> 01:08:17,193
ALL THE MONEY, HERE IS PIE 

1859
01:08:17,193 --> 01:08:20,129
CHART, DID IT GO TO WHAT WE SAID

1860
01:08:20,129 --> 01:08:22,264
IT WOULD? WE NEVER HAVE THOSE 

1861
01:08:22,264 --> 01:08:24,834
BLUNT CONVERSATIONS UNTIL WE GET

1862
01:08:24,834 --> 01:08:27,837
AUDITED OR SOMETHING BAD 

1863
01:08:27,837 --> 01:08:28,704
HAPPENS. I WANT TO, AS I SAID 

1864
01:08:28,704 --> 01:08:31,740
BEFORE, I WANT TO PUT A MARKER 

1865
01:08:31,740 --> 01:08:33,509
DOWN THERE AND KEEP OUR NORTH 

1866
01:08:33,509 --> 01:08:35,544
STAR ABOUT WHAT OUR JOB IS, I 

1867
01:08:35,544 --> 01:08:36,812
DON'T THINK ALL TAXES ARE GOOD 

1868
01:08:36,812 --> 01:08:38,714
AND I DON'T THINK ALL TAXES ARE

1869
01:08:38,714 --> 01:08:42,485
BAD, BUT I THINK IF WE MAKE A 

1870
01:08:42,485 --> 01:08:44,019
DECISION TO TAX WHATEVER THAT 

1871
01:08:44,019 --> 01:08:45,154
IS, THAT WHERVE WE INTEND TO USE

1872
01:08:45,154 --> 01:08:47,389
IT FOR SHOULD BE USED FOR THAT, 

1873
01:08:47,389 --> 01:08:50,659
AND ALSO, PEOPLE SHOULD BE HELD 

1874
01:08:50,659 --> 01:08:56,765
ACCOUNTABLE AND WE SHOULD SEE 

1875
01:08:56,765 --> 01:08:58,767
WHAT THE DELIVER IS. I HAVE MY 

1876
01:08:58,767 --> 01:09:00,002
ISSUES WITH GROUPS THAT MAKE 

1877
01:09:00,002 --> 01:09:00,970
MILLIONS OF DOLLARS FROM THIS 

1878
01:09:00,970 --> 01:09:02,905
BODY AND TAXES AND I STILL 

1879
01:09:02,905 --> 01:09:04,940
DON'T KNOW, QUITE FRANKLY, WHAT

1880
01:09:04,940 --> 01:09:05,841
THEY HAVE COMPLETELY DELIVERED. 

1881
01:09:05,841 --> 01:09:07,476
I WILL LEAVE IT AT THAT. THANK 

1882
01:09:07,476 --> 01:09:08,511
YOU, MADAM CHAIR. 

1883
01:09:08,511 --> 01:09:10,513
&gt;&gt; THANK YOU, COUNCIL MEMBER 

1884
01:09:10,513 --> 01:09:11,280
JUAREZ. COUNCIL MEMBER RIVERA 

1885
01:09:11,280 --> 01:09:12,715
AND I THINK WE ARE GOING BACK TO

1886
01:09:12,715 --> 01:09:16,619
COUNCIL MEMBER LIN, IS THAT A 

1887
01:09:16,619 --> 01:09:17,419
NEW HAND? YEAH? AWESOME. COUNCIL

1888
01:09:17,419 --> 01:09:19,221
MEMBER JUAREZ, EXCUSE ME, 

1889
01:09:19,221 --> 01:09:19,989
COUNCIL MEMBER RIVERA. 

1890
01:09:19,989 --> 01:09:22,825
&gt;&gt; THANK YOU, COUNCIL PRESIDENT.

1891
01:09:22,825 --> 01:09:25,594
THANK YOU, CALVIN, AND TOM FOR 

1892
01:09:25,594 --> 01:09:26,328
BEING HERE. COUNCIL PRESIDENT, 

1893
01:09:26,328 --> 01:09:29,598
THANK YOU FOR, THIS IS REALLY 

1894
01:09:29,598 --> 01:09:30,599
IMPORTANT PRESENTATION. ALSO, I 

1895
01:09:30,599 --> 01:09:36,138
WANT TO SAY, PLUS ONE TO ALL OF 

1896
01:09:36,138 --> 01:09:38,040
MY COLLEAGUE COUNCIL JUAREZ 

1897
01:09:38,040 --> 01:09:39,875
COMMENTS, I AM-- I AM GOING TO 

1898
01:09:39,875 --> 01:09:41,544
BE UNDERSCORING SOME OF THE 

1899
01:09:41,544 --> 01:09:43,345
COMMENTS SHE SAID, BUT I WHOLE 

1900
01:09:43,345 --> 01:09:45,581
HEARTEDLY AGREE WITH ALL OF THE 

1901
01:09:45,581 --> 01:09:48,851
THINGS THAT SHE MENTIONED, WHAT 

1902
01:09:48,851 --> 01:09:52,221
I WAS GOING TO SAY, MANY OF THE 

1903
01:09:52,221 --> 01:09:55,558
POINTS SHE DID HIT, BUT I DO 

1904
01:09:55,558 --> 01:09:58,194
WANT TO UNDERSCORE THE NEED TO 

1905
01:09:58,194 --> 01:10:01,530
LOOK AT THE FULL LANDSCAPE, NOT 

1906
01:10:01,530 --> 01:10:03,866
JUST PROPERTY AND SALES IS THE 

1907
01:10:03,866 --> 01:10:06,335
POINT OF THE PRESENTATION, BUT 

1908
01:10:06,335 --> 01:10:07,903
THE FULL LANDSCAPE BEFORE WE 

1909
01:10:07,903 --> 01:10:09,004
MAKE DECISIONS AND ALSO LOOKING 

1910
01:10:09,004 --> 01:10:11,840
AT WHERE THE SPENDING IS GOING 

1911
01:10:11,840 --> 01:10:14,343
AND ARE WE GETTING THE OUTCOMES 

1912
01:10:14,343 --> 01:10:17,913
THAT WE WANT FOR OUR CITY THAT 

1913
01:10:17,913 --> 01:10:20,049
IS, WHERE THIS MONEY IS GOING. 

1914
01:10:20,049 --> 01:10:20,716
THOSE THINGS ARE REALLY 

1915
01:10:20,716 --> 01:10:22,851
IMPORTANT, AND I WILL JUST SAY 

1916
01:10:22,851 --> 01:10:25,688
BY WAY OF EXAMPLE, WHEN WE DID 

1917
01:10:25,688 --> 01:10:28,457
THE FEP LEVY, I REALLY DUG INTO 

1918
01:10:28,457 --> 01:10:30,593
I WANTED TO SEE WHERE MONEY WAS 

1919
01:10:30,593 --> 01:10:33,696
GOING, HOW WELL IT WAS WORKING, 

1920
01:10:33,696 --> 01:10:35,531
SO THAT WE WOULD HAVE A GOOD 

1921
01:10:35,531 --> 01:10:39,835
BASIS BY WHICH WE WERE MAKING 

1922
01:10:39,835 --> 01:10:42,204
DECISIONS ABOUT A FUTURE 

1923
01:10:42,204 --> 01:10:44,607
FAMILIES AND LEVY FEP LEVY. SAME

1924
01:10:44,607 --> 01:10:45,908
WITH THE LIBRARIES LEVY, NOW, 

1925
01:10:45,908 --> 01:10:46,775
CALVIN, THANK YOU FOR POINTING 

1926
01:10:46,775 --> 01:10:49,311
OUT, AND IT IS TRUE, THAT ALL 

1927
01:10:49,311 --> 01:10:52,181
OUR LEVYS, INSTEAD OF INCREASING

1928
01:10:52,181 --> 01:10:53,649
JUST BY THE INFLATIONARY PIECE, 

1929
01:10:53,649 --> 01:10:56,919
WE HAVE PUT MORE INTO THE LEVYS,

1930
01:10:56,919 --> 01:11:02,958
AND I THINK THAT, YOU KNOW, AN 

1931
01:11:02,958 --> 01:11:04,727
IMPORTANT ASPECT IS THE FACT WE 

1932
01:11:04,727 --> 01:11:06,662
REACHED PRETTY MUCH OR LEVY TAX.

1933
01:11:06,662 --> 01:11:09,465
THEN IT IS NOW HAMPERING OUR 

1934
01:11:09,465 --> 01:11:10,966
ABILITY TO DO OTHER THINGS, 

1935
01:11:10,966 --> 01:11:14,069
BECAUSE WE ARE HITTING THAT LEVY

1936
01:11:14,069 --> 01:11:16,438
CAP. I DON'T THINK JUST LOOKING

1937
01:11:16,438 --> 01:11:17,806
TO OLYMPIA SAYING INCREASE OUR 

1938
01:11:17,806 --> 01:11:21,610
LEVY CAP IS WHAT WE ONLY SHOULD 

1939
01:11:21,610 --> 01:11:24,847
BE LOOKING AT BECAUSE THAT MEANS

1940
01:11:24,847 --> 01:11:25,948
WE WOULD BE INCREASING PROPERTY 

1941
01:11:25,948 --> 01:11:27,850
TAXES EVEN MORE, AND WE KNOW 

1942
01:11:27,850 --> 01:11:30,686
PROPERTY TAXES HAVE A HUGE 

1943
01:11:30,686 --> 01:11:32,655
IMPACT ON OUR RENTERS. SO, I 

1944
01:11:32,655 --> 01:11:35,557
THINK WE DO NEED TO LOOK AT 

1945
01:11:35,557 --> 01:11:37,760
WHERE THE MONEY IS GOING AS WELL

1946
01:11:37,760 --> 01:11:45,534
AS HOW MUCH WE ARE ASKING OF OUR

1947
01:11:45,534 --> 01:11:48,370
RESIDENTS, BECAUSE, YOU KNOW, 

1948
01:11:48,370 --> 01:11:50,939
AFFORDABILITY IS A HUGE ISSUE, 

1949
01:11:50,939 --> 01:11:52,241
AND WE ARE SEEING, SADLY, NOT 

1950
01:11:52,241 --> 01:11:58,347
JUST IN OUR CITY, BUT ACROSS THE

1951
01:11:58,347 --> 01:12:00,749
COUNTRY THAT IT IS EVER MORE 

1952
01:12:00,749 --> 01:12:02,885
BECOMING THE HAVES ON ONE END 

1953
01:12:02,885 --> 01:12:07,723
AND THE HAVE NOTS, AND THAT IS A

1954
01:12:07,723 --> 01:12:10,726
REALLY-- IT IS A SAD STATE FOR 

1955
01:12:10,726 --> 01:12:12,528
OUR COUNTRY AND OUR CITY. SO I 

1956
01:12:12,528 --> 01:12:14,897
REALLY JUST WANTED TO UNDERSCORE

1957
01:12:14,897 --> 01:12:17,466
THAT I WOULD LIKE TO SEE ALL OF 

1958
01:12:17,466 --> 01:12:18,500
THE LEVYS THAT ARE UNDER OUR 

1959
01:12:18,500 --> 01:12:20,269
CONTROL, BECAUSE IT IS TRUE, 

1960
01:12:20,269 --> 01:12:24,173
SOME THINGS ARE NOT IN OUR 

1961
01:12:24,173 --> 01:12:25,441
CONTROL, BUT OTHERS ARE, HOW 

1962
01:12:25,441 --> 01:12:27,042
MUCH WE PUT IN A LEVY IS UNDER 

1963
01:12:27,042 --> 01:12:32,681
OUR CONTROL, WHAT WE DECIDED TO 

1964
01:12:32,681 --> 01:12:34,917
DO FOR LIBERARY LEVY WAS UNDER 

1965
01:12:34,917 --> 01:12:35,718
OUR CONTROL. KNOWING WE HAD 

1966
01:12:35,718 --> 01:12:37,386
OTHER THINGS WE NEEDED TO FUND 

1967
01:12:37,386 --> 01:12:39,621
WE MADE A DECISION ABOUT THE 

1968
01:12:39,621 --> 01:12:41,056
LIBRARY LEVY WHICH GOT US CLOSER

1969
01:12:41,056 --> 01:12:42,658
TO OUR LEVY CAP. NOW WE ARE IN A

1970
01:12:42,658 --> 01:12:43,759
SITUATION WHERE WE HAVE OTHER 

1971
01:12:43,759 --> 01:12:45,461
NEEDS AND HOW ARE WE GOING TO 

1972
01:12:45,461 --> 01:12:48,997
PAY FOR THOSE NEEDS? THAT IS 

1973
01:12:48,997 --> 01:12:50,332
UNDER OUR CONTROL. WE CANNOT 

1974
01:12:50,332 --> 01:12:57,806
BLAME THE STATE FOR THAT, OR ANY

1975
01:12:57,806 --> 01:13:00,242
OTHER ENTITIES. WE ARE MAKING 

1976
01:13:00,242 --> 01:13:01,410
THE DECISIONS HOW MUCH THOSE 

1977
01:13:01,410 --> 01:13:02,111
LEVYERIZE, THOSE ARE OUR 

1978
01:13:02,111 --> 01:13:03,946
DECISIONS TO MAKE AND WE CAN'T 

1979
01:13:03,946 --> 01:13:07,716
BLAME OTHERS FOR THAT. WHETHER 

1980
01:13:07,716 --> 01:13:10,085
OR NOT WE ARE LOOKING DEEP, IN A

1981
01:13:10,085 --> 01:13:12,154
DEEP-DIVE WAY AS TO WHAT THAT 

1982
01:13:12,154 --> 01:13:14,289
MONEY IS GOING AND WHETHER WE 

1983
01:13:14,289 --> 01:13:15,557
ARE GETTING OUR OUTCOME, WHETHER

1984
01:13:15,557 --> 01:13:18,193
WE REALLY HELPING PEOPLE, WHICH 

1985
01:13:18,193 --> 01:13:21,330
IS THE ULTIMATE GOAL OF ALL OF 

1986
01:13:21,330 --> 01:13:23,499
THESE, ALL THIS REVENUE, THAT IS

1987
01:13:23,499 --> 01:13:26,101
WITHIN OUR CONTROL, HOW WELL WE 

1988
01:13:26,101 --> 01:13:27,770
ARE LOOKING AT THAT AND WHETHER 

1989
01:13:27,770 --> 01:13:29,104
WE ARE DOING THINGS LIKE 

1990
01:13:29,104 --> 01:13:31,840
SUPPORTING AUDITS TO HELP INFORM

1991
01:13:31,840 --> 01:13:32,941
THE DECISIONS THAT WE MAKE, 

1992
01:13:32,941 --> 01:13:35,844
BECAUSE PEOPLE ARE IN NEED, AND 

1993
01:13:35,844 --> 01:13:38,347
WE ARE TRYING TO COLLECTIVELY 

1994
01:13:38,347 --> 01:13:42,951
MEET FOLKS' NEEDS IN OUR SITE. 

1995
01:13:42,951 --> 01:13:44,553
THAT IS REALLY IMPORTANT. SO, 

1996
01:13:44,553 --> 01:13:46,755
AGAIN, I JUST, PLUS ONE TO ALL 

1997
01:13:46,755 --> 01:13:48,323
OF COUNCIL JUAREZ' COMMENTS AND

1998
01:13:48,323 --> 01:13:49,458
BECAUSE I KNOW WE ARE RUNNING 

1999
01:13:49,458 --> 01:13:52,661
OUT O OF TIME, I WILL THANK YOU 

2000
01:13:52,661 --> 01:13:54,163
FOR FOR THIS IMPORTANT 

2001
01:13:54,163 --> 01:13:56,532
PRESENTATION AND WANT TO FOLLOW 

2002
01:13:56,532 --> 01:13:58,634
UP WITH BOTH CALVIN AND TOM TO 

2003
01:13:58,634 --> 01:14:05,140
GET, I WOULD LIKE TO SEE ALL OF 

2004
01:14:05,140 --> 01:14:10,112
THE TAXES AND THE LEVYS THAT WE 

2005
01:14:10,112 --> 01:14:13,749
HAVE SENT TO OUR-- THAT OUR 

2006
01:14:13,749 --> 01:14:15,984
RESIDENTS SPEND SPEND MONEY ON, 

2007
01:14:15,984 --> 01:14:17,019
WHATEVER STATE TAXES OR COUNTY 

2008
01:14:17,019 --> 01:14:18,687
TAXES THEY ARE PAY FOR THAT 

2009
01:14:18,687 --> 01:14:20,823
SHOULD BE ON HERE TOO, THAT IS 

2010
01:14:20,823 --> 01:14:23,859
EQUALLY IMPORTANT TO ANY CITY 

2011
01:14:23,859 --> 01:14:25,527
TAXES THAT WE ARE MAKING 

2012
01:14:25,527 --> 01:14:26,595
DECISIONS ABOUT. THEY PAID ALL 

2013
01:14:26,595 --> 01:14:27,830
OF THOSE OTHER TACKS AND THAT 

2014
01:14:27,830 --> 01:14:30,899
NEEDS TO BE PART OF THIS 

2015
01:14:30,899 --> 01:14:34,203
CONVERSATION AS WELL. SO, THANK 

2016
01:14:34,203 --> 01:14:35,504
YOU VERY MUCH, COUNCIL 

2017
01:14:35,504 --> 01:14:37,773
PRESIDENT. I LOOK FORWARD TO THE

2018
01:14:37,773 --> 01:14:41,476
CONTINUATION OF THIS 

2019
01:14:41,476 --> 01:14:41,810
CONVERSATION. 

2020
01:14:41,810 --> 01:14:42,711
&gt;&gt; YEP. THANK YOU. HEADS UP, 

2021
01:14:42,711 --> 01:14:46,248
COLLEAGUES, THERE COULD BE SO 

2022
01:14:46,248 --> 01:14:49,618
MANY MORE SLIDES TO THIS 

2023
01:14:49,618 --> 01:14:56,191
PRESENTATION, AND I AM GLAD 

2024
01:14:56,191 --> 01:14:58,594
COUNCIL MEMBER JUAREZ POINTED 

2025
01:14:58,594 --> 01:15:00,929
OUT THE LEVYS. THERE IS THE 

2026
01:15:00,929 --> 01:15:02,064
LIBRARY, HOUSING LEVY, SWEET AND

2027
01:15:02,064 --> 01:15:03,832
LEVERAGE, ALL THESE THINGS 

2028
01:15:03,832 --> 01:15:06,201
CONTINUE TO ADD UP ON FOLKS, AND

2029
01:15:06,201 --> 01:15:08,136
SO THAT PIECE THAT YOU SEE 

2030
01:15:08,136 --> 01:15:10,239
THERE, THAT IS JUST THE PROPERTY

2031
01:15:10,239 --> 01:15:13,909
TAXES, SOME OF THE TAXES THAT I 

2032
01:15:13,909 --> 01:15:16,111
SAID ARE NOT PROPERTY TAXES, BUT

2033
01:15:16,111 --> 01:15:17,212
THE PIECE, PARDON ME. 

2034
01:15:17,212 --> 01:15:19,548
&gt;&gt; THE LEVYS ARE ON THERE, ALL 

2035
01:15:19,548 --> 01:15:20,515
OF THOSE ARE PROPERTY TAXES. 

2036
01:15:20,515 --> 01:15:22,384
&gt;&gt; PERFECT, BUT NOT THE SWEET 

2037
01:15:22,384 --> 01:15:23,252
AND LEVERAGE TAX. THAT IS 

2038
01:15:23,252 --> 01:15:25,053
SOMETHING ELSE, THAT IS WHERE 

2039
01:15:25,053 --> 01:15:26,855
MOST OF, AND ALSO, IT CHANGES 

2040
01:15:26,855 --> 01:15:28,090
PATTERNS. A LOT OF PEOPLE IN 

2041
01:15:28,090 --> 01:15:29,491
SOUTH SEATTLE GO TO RENTON TO 

2042
01:15:29,491 --> 01:15:31,360
BUY GROCERIES AND BECAUSE OF THE

2043
01:15:31,360 --> 01:15:33,562
COST OF THINGS, I HAVE SEEN IT. 

2044
01:15:33,562 --> 01:15:35,197
I HAVE-- I KNOW A BUNCH OF 

2045
01:15:35,197 --> 01:15:36,698
PEOPLE THAT DO THAT BECAUSE OF 

2046
01:15:36,698 --> 01:15:41,036
THE COST OF THINGS ARE A LOT 

2047
01:15:41,036 --> 01:15:42,604
DIFFERENT AT DIFFERENT STORES OR

2048
01:15:42,604 --> 01:15:43,839
PLACES OR THINGS, BECAUSE OF 

2049
01:15:43,839 --> 01:15:47,309
SOME OF THE TAXES THAT WE HAVE 

2050
01:15:47,309 --> 01:15:48,710
CREATED HERE IN SEATTLE. THE 

2051
01:15:48,710 --> 01:15:52,547
PROPERTY TAXES ARE THE GREEN ON 

2052
01:15:52,547 --> 01:15:54,316
THIS SLIDE, AND THE-- I THOUGHT 

2053
01:15:54,316 --> 01:15:55,951
IT WAS IMPORTANT, WHAT I HEAR 

2054
01:15:55,951 --> 01:15:57,286
FROM COUNCIL MEMBERS, COUNCIL 

2055
01:15:57,286 --> 01:15:58,854
MEMBER JUAREZ AND COUNCIL MEMBER

2056
01:15:58,854 --> 01:16:01,023
RIVERA, WE WANT TO ZOOM IN TO 

2057
01:16:01,023 --> 01:16:03,659
THE GREEN PIECE, AND SEE HOW 

2058
01:16:03,659 --> 01:16:05,294
MUCH THAT WE ARE SENDING TO 

2059
01:16:05,294 --> 01:16:07,229
VOTERS AND FOLKS, BUT I THINK IT

2060
01:16:07,229 --> 01:16:09,598
IS ALSO IMPORTANT WHEN YOU HEAR,

2061
01:16:09,598 --> 01:16:11,500
YOU KNOW, WE SENT TO VOTERS, YOU

2062
01:16:11,500 --> 01:16:13,936
KNOW, A HOUSING LEVY TAX THAT 

2063
01:16:13,936 --> 01:16:16,672
WAS $1 BILLION, HOW DOES THAT 

2064
01:16:16,672 --> 01:16:17,406
BREAK DOWN FOR EVERYBODY? WHEN 

2065
01:16:17,406 --> 01:16:19,107
PEOPLE HEAR A BILLION DOLLARS, 

2066
01:16:19,107 --> 01:16:21,777
IT A LOT OF MONEY, BUT ALSO WANT

2067
01:16:21,777 --> 01:16:22,611
IT TO BE BROKEN DOWN 

2068
01:16:22,611 --> 01:16:24,346
INDIVIDUALLY HOW MUCH PEOPLE ARE

2069
01:16:24,346 --> 01:16:26,214
PAYING, BECAUSE I THING IT IS 

2070
01:16:26,214 --> 01:16:28,784
ALSO FOR PEOPLE TO CONSUME AS 

2071
01:16:28,784 --> 01:16:31,887
WELL, TO HOW MUCH THEY ARE 

2072
01:16:31,887 --> 01:16:32,554
PAYING. I BELIEVE, COUNCIL 

2073
01:16:32,554 --> 01:16:33,989
MEMBER LIN, THEN WE WILL CLOSE 

2074
01:16:33,989 --> 01:16:35,223
IT OUT AND LOOK AT COUNCIL 

2075
01:16:35,223 --> 01:16:38,026
MEMBER SAKA TO SEE IF HE HAS 

2076
01:16:38,026 --> 01:16:39,294
COMMENTS OR QUESTIONS. COUNCIL 

2077
01:16:39,294 --> 01:16:40,028
MEMBER LIN. 

2078
01:16:40,028 --> 01:16:44,132
&gt;&gt; THANK YOU. WANTED TO FOLLOW 

2079
01:16:44,132 --> 01:16:45,968
UP ON THE CREATIVE AND 

2080
01:16:45,968 --> 01:16:47,970
PROGRESSIVE REVENUE IDEA. I DO 

2081
01:16:47,970 --> 01:16:52,374
THINK THERE IS HOW WE TAX, HOW 

2082
01:16:52,374 --> 01:16:54,242
MUCH WE TAX, WHO BENEFITS FROM 

2083
01:16:54,242 --> 01:16:55,344
THOSE PROGRAMS, SO, FOR EXAMPLE 

2084
01:16:55,344 --> 01:16:56,645
THE HOUSING LEVY, YOU KNOW, THAT

2085
01:16:56,645 --> 01:16:59,514
IS A PROPERTY TAX, AND THEN WHO 

2086
01:16:59,514 --> 01:17:02,284
BENEFITS IS PRIMARILY LOW INCOME

2087
01:17:02,284 --> 01:17:03,952
FOLKS. SO, YOU KNOW, ARE WE 

2088
01:17:03,952 --> 01:17:06,054
MEASURING, IS THERE A REAL 

2089
01:17:06,054 --> 01:17:08,123
BENEFIT? I WILL SAY, AT LEAST IN

2090
01:17:08,123 --> 01:17:11,460
MY OPINION, YOU COULD HAVE A 

2091
01:17:11,460 --> 01:17:15,897
REVENUE NEUTRAL TAX, ONE THAT 

2092
01:17:15,897 --> 01:17:17,599
TAXES HIGH INCOME FOLKS BUT 

2093
01:17:17,599 --> 01:17:18,433
REDUCES FOR LOW INCOME FOLKS. 

2094
01:17:18,433 --> 01:17:20,702
THAD WOULD BE A GREAT THING IF 

2095
01:17:20,702 --> 01:17:22,371
WE HAD A REVENUE NEUTRAL 

2096
01:17:22,371 --> 01:17:25,273
APPROACH BUT IT HELPED TO 

2097
01:17:25,273 --> 01:17:28,777
CORRECT OUR UPSIDE DOWN TAX 

2098
01:17:28,777 --> 01:17:30,412
CODE, AND FINALLY, YOU KNOW, AS 

2099
01:17:30,412 --> 01:17:33,048
WE SEND STUFF TO VOTERS IT IS AN

2100
01:17:33,048 --> 01:17:34,016
IMPORTANT CHECK BUT IT ALSO 

2101
01:17:34,016 --> 01:17:34,916
DOESN'T RELIEVE US OF THE 

2102
01:17:34,916 --> 01:17:37,219
RESPONSIBILITY TO TRY TO GET 

2103
01:17:37,219 --> 01:17:38,453
THIS RIGHT, BECAUSE THE VOTERS 

2104
01:17:38,453 --> 01:17:40,188
ONLY GET UP AND DOWN VOTE, THEY 

2105
01:17:40,188 --> 01:17:42,391
DON'T GET TO SAY, YOU KNOW, WE 

2106
01:17:42,391 --> 01:17:45,560
WANT THIS PIECE, NOT THIS PIECE,

2107
01:17:45,560 --> 01:17:48,096
AND WE ALSO KNOW THAT IT IS MORE

2108
01:17:48,096 --> 01:17:50,332
LIKELY THAT OUR HIGH INCOME 

2109
01:17:50,332 --> 01:17:51,266
RESIDENTS ARE THE ONES VOTING. 

2110
01:17:51,266 --> 01:17:55,337
SO WE HAVE TO TAKE THAT INTO 

2111
01:17:55,337 --> 01:17:57,639
ACCOUNT AS WELL. THANK YOU. 

2112
01:17:57,639 --> 01:18:02,411
&gt;&gt; THANK YOU, COUNCIL MEMBER 

2113
01:18:02,411 --> 01:18:07,716
LIN. AND ALSO, TOO, COLLEAGUES, 

2114
01:18:07,716 --> 01:18:08,550
I WANT TO HIGHLIGHT THAT THERE 

2115
01:18:08,550 --> 01:18:10,986
ARE PEOPLE, YOU KNOW, OUR CITY 

2116
01:18:10,986 --> 01:18:12,654
IS VERY EXPENSIVE. LETS NAME THE

2117
01:18:12,654 --> 01:18:14,623
ELEPHANT IN THE ROOM. IT IS VERY

2118
01:18:14,623 --> 01:18:16,058
EXPENSIVE COMPARED TO OTHER 

2119
01:18:16,058 --> 01:18:19,561
CITIES. I HAVE LOST FRIENDS WHO 

2120
01:18:19,561 --> 01:18:23,765
HAVE MOVED TO EITHER DETROIT, 

2121
01:18:23,765 --> 01:18:25,500
ATLANTA, BENTONVILLE, ARKANSAS, 

2122
01:18:25,500 --> 01:18:27,369
WHERE THE HEADQUARTERS OF 

2123
01:18:27,369 --> 01:18:29,304
WALMART IS, NORTH CAROLINA, 

2124
01:18:29,304 --> 01:18:30,906
ATLANTA, TEXAS, THEY HAVE LEFT 

2125
01:18:30,906 --> 01:18:33,675
SEATTLE, NOT BECAUSE THEY WANTED

2126
01:18:33,675 --> 01:18:35,577
TO, BUT BECAUSE OF HOW 

2127
01:18:35,577 --> 01:18:36,678
UNAFFORDABLE THE CITY IS, AND 

2128
01:18:36,678 --> 01:18:38,947
THEIR DOLLARS WILL GO LONGER AS 

2129
01:18:38,947 --> 01:18:40,482
THEY ARE RAISING THEIR KIDS AND 

2130
01:18:40,482 --> 01:18:42,350
THEIR FAMILIES AND THEY CAN BUY 

2131
01:18:42,350 --> 01:18:44,853
A HOUSE FOR A COUPLE HUNDRED 

2132
01:18:44,853 --> 01:18:48,123
THOUSAND DOLLARS, AND HAVE, YOU 

2133
01:18:48,123 --> 01:18:51,126
KNOW, THESE THINGS THAT ARE 

2134
01:18:51,126 --> 01:18:52,627
REALLY IMPORTANT TO THEM. SO 

2135
01:18:52,627 --> 01:18:54,696
THERE IS ALSO, WANT TO HIGHLIGHT

2136
01:18:54,696 --> 01:18:56,264
THERE IS A HIDDEN TAX, TOO, WHEN

2137
01:18:56,264 --> 01:18:58,400
WE DON'T GET THE OUTCOME THAT 

2138
01:18:58,400 --> 01:19:01,203
WE WANT. SO IF WE HAVE A 

2139
01:19:01,203 --> 01:19:02,270
TRANSPORTATION LEVY&amp;THANK YOU, 

2140
01:19:02,270 --> 01:19:07,909
COUNCIL MEMBER SAKA , FOR 

2141
01:19:07,909 --> 01:19:08,577
RUNNING THE TRANSPORTATION LEVY.

2142
01:19:08,577 --> 01:19:10,612
IF WE DO NOT HAVE CLEAN BIKE 

2143
01:19:10,612 --> 01:19:12,848
LANES AND YOU POP YOUR BIKE AND 

2144
01:19:12,848 --> 01:19:14,750
YOU HAVE TO REPAIR YOUR WHEEL, 

2145
01:19:14,750 --> 01:19:18,787
THAT IS A HIDDEN TAX ON YOU. OR 

2146
01:19:18,787 --> 01:19:22,023
IF IT IS A LIBRARY TAX, AND 

2147
01:19:22,023 --> 01:19:23,125
LIBRARY LEVY, AND THAT LIBRARY 

2148
01:19:23,125 --> 01:19:24,559
MIGHT NOT OFFER SOME OF THE 

2149
01:19:24,559 --> 01:19:27,229
THING S THAT YOU NEED OR, YOU 

2150
01:19:27,229 --> 01:19:28,697
KNOW, THAT IS A TAX ON YOU 

2151
01:19:28,697 --> 01:19:31,600
BECAUSE YOU ARE PAYING INTO THAT

2152
01:19:31,600 --> 01:19:33,769
AND YOU WANT CERTAIN SERVICES 

2153
01:19:33,769 --> 01:19:36,271
AND OUTCOMES OR THE PARKS LEVY 

2154
01:19:36,271 --> 01:19:38,340
AND YOUR PARK MIGHT NOT BE CLEAN

2155
01:19:38,340 --> 01:19:39,040
ASK PAYING INTO THE PARKS 

2156
01:19:39,040 --> 01:19:40,275
DISTRICT, HIDDEN TAX ON YOU 

2157
01:19:40,275 --> 01:19:41,676
BECAUSE YOU ARE PAYING EXTRA 

2158
01:19:41,676 --> 01:19:44,513
MONEY TO GO TO THE GYM TO 

2159
01:19:44,513 --> 01:19:46,314
EXERCISE BECAUSE YOUR PARK IS 

2160
01:19:46,314 --> 01:19:47,516
INACCESSIBLE FOR YOU TO 

2161
01:19:47,516 --> 01:19:48,116
EXERCISE. THESE ARE DIFFERENT 

2162
01:19:48,116 --> 01:19:50,051
THINGS WHERE WHEN I AM TALKING 

2163
01:19:50,051 --> 01:19:52,287
TO PEOPLE AND THEY ARE LIKE, 

2164
01:19:52,287 --> 01:19:53,522
HEY, I AM PAYING ALL THESE 

2165
01:19:53,522 --> 01:19:55,524
TAXES, PEOPLE, YOU KNOW, IT IS 

2166
01:19:55,524 --> 01:19:56,992
THE AFFORDABLE PIECE, BUT ALSO 

2167
01:19:56,992 --> 01:19:58,426
THE OUTCOME, WHAT PEOPLE ARE NOT

2168
01:19:58,426 --> 01:20:00,762
GETTING, BECAUSE THERE ARE A LOT

2169
01:20:00,762 --> 01:20:02,631
OF WEALTHY PEOPLE THAT SAID IF I

2170
01:20:02,631 --> 01:20:03,632
SAW POSITIVE OUTCOMES, I WOULD 

2171
01:20:03,632 --> 01:20:06,334
BE MORE WILLING TO PAY EVEN MORE

2172
01:20:06,334 --> 01:20:07,435
BECAUSE I COULD SEE POSITIVE 

2173
01:20:07,435 --> 01:20:08,236
OUTCOMES. BUT THAT IS NOT WHAT 

2174
01:20:08,236 --> 01:20:10,005
WE ARE SAYING RIGHT NOW, WE ARE 

2175
01:20:10,005 --> 01:20:12,541
NOT GETTING-- SO THE FIRST PART 

2176
01:20:12,541 --> 01:20:14,476
IS, THIS PROPERTY TAX PIECE, THE

2177
01:20:14,476 --> 01:20:16,811
SALES TAX PIECE, AND THEN WE 

2178
01:20:16,811 --> 01:20:18,013
HAVE THE OUTCOME PIECE THAT 

2179
01:20:18,013 --> 01:20:21,249
COULD BE A WHOLE OTHER MEETING 

2180
01:20:21,249 --> 01:20:23,118
ON THE IMPACT AS WELL. SO, ARE 

2181
01:20:23,118 --> 01:20:26,955
THOSE OLD HANDS, COUNCIL MEMBER 

2182
01:20:26,955 --> 01:20:27,689
LIN? COUNCIL MEMBER RIVERA? 

2183
01:20:27,689 --> 01:20:28,657
&gt;&gt; NEW HAND FOR ME. 

2184
01:20:28,657 --> 01:20:31,126
&gt;&gt; OLD HAND FOR COUNCIL MEMBER 

2185
01:20:31,126 --> 01:20:32,360
LIN. AND THEN COUNCIL MEMBER 

2186
01:20:32,360 --> 01:20:34,729
RIVERA AND THEN WE WILL WRAP UP.

2187
01:20:34,729 --> 01:20:35,730
&gt;&gt; THANK YOU, COUNCIL PRESIDENT.

2188
01:20:35,730 --> 01:20:38,700
I DO WANT TO SAY ABOUT THE SALES

2189
01:20:38,700 --> 01:20:43,138
TAX PIECE, I MEAN, YOU JUST SAID

2190
01:20:43,138 --> 01:20:45,307
IT AS WELL, BUT FOLKS, LOW 

2191
01:20:45,307 --> 01:20:50,011
INCOME FOLKS ARE PAYING SALES 

2192
01:20:50,011 --> 01:20:52,080
TAX FOR THINGS OTHER THAN FOOD, 

2193
01:20:52,080 --> 01:20:54,182
IF YOU ARE PARENT, YOU KNOW YOU 

2194
01:20:54,182 --> 01:20:56,484
HAVE TO BUY FOR YOUR KIDS, I 

2195
01:20:56,484 --> 01:20:57,352
SWEAR EVERY FEW MONTHS THEIR 

2196
01:20:57,352 --> 01:21:00,188
FEET GROW AND I AM NOT TRYING TO

2197
01:21:00,188 --> 01:21:01,456
BE CHEEKY HERE, LIKE IT IS 

2198
01:21:01,456 --> 01:21:04,259
EXPENSIVE AND CLOTHING AND ALL 

2199
01:21:04,259 --> 01:21:05,860
OF THOSE THINGS DO GET TAXED. I 

2200
01:21:05,860 --> 01:21:08,396
WILL SAY THAT IN TERMS OF, YOU 

2201
01:21:08,396 --> 01:21:09,864
KNOW, OLYMPIA PASSED A 

2202
01:21:09,864 --> 01:21:12,200
MILLIONAIRE'S TAX, IT WAS NOT 

2203
01:21:12,200 --> 01:21:15,070
USED TO OFFSET SOME OF THE TAXES

2204
01:21:15,070 --> 01:21:16,771
THAT LOW INCOME FOLKS ARE PAYING

2205
01:21:16,771 --> 01:21:20,208
OFTEN TIMES, I MEAN, NEW THINGS 

2206
01:21:20,208 --> 01:21:21,576
ARE GETTING FUNDED WITH THAT 

2207
01:21:21,576 --> 01:21:23,645
TYPE OF A TAX. I WOULD LOVE TO 

2208
01:21:23,645 --> 01:21:25,647
SEE SOME TAX RELIEF FOR OUR 

2209
01:21:25,647 --> 01:21:28,617
LOW-INCOME FOLKS WHEN WE DO 

2210
01:21:28,617 --> 01:21:30,418
THINGS LIKE A MILLIONAIRE'S TAX.

2211
01:21:30,418 --> 01:21:33,455
SO, ALL OF THAT IS TRUE AND TO 

2212
01:21:33,455 --> 01:21:34,456
YOUR POINT, COUNCIL MEMBER, 

2213
01:21:34,456 --> 01:21:35,290
ABOUT, OR COUNCIL PRESIDENT, 

2214
01:21:35,290 --> 01:21:39,461
ABOUT THE SERVICES PIECE, YOU 

2215
01:21:39,461 --> 01:21:41,363
KNOW, IF FOLKS AREN'T SINGING 

2216
01:21:41,363 --> 01:21:44,833
WHERE, YOU KNOW, IF FOLKS 

2217
01:21:44,833 --> 01:21:47,569
AREN'T SEEING IMPROVEMENTS TO 

2218
01:21:47,569 --> 01:21:49,271
SERVICES THEN IT MAKES IT 

2219
01:21:49,271 --> 01:21:50,338
DIFFICULT FOR EVERYBODY INVOLVED

2220
01:21:50,338 --> 01:21:54,342
BECAUSE WE WANT A CITY THAT IS 

2221
01:21:54,342 --> 01:21:55,777
GOING TO PROVIDE IF WE HAVE 

2222
01:21:55,777 --> 01:21:58,213
CHARTERED RESPONSIBILITIES THAT 

2223
01:21:58,213 --> 01:22:01,416
WE NEED TO PROVIDE, AND IF WE 

2224
01:22:01,416 --> 01:22:03,985
ARE NOT PROVIDING THOSE IN A 

2225
01:22:03,985 --> 01:22:05,220
ROBUST MANNER, IF PEOPLE DON'T 

2226
01:22:05,220 --> 01:22:07,589
FEEL SAFE, IF PEOPLE DON'T FEEL

2227
01:22:07,589 --> 01:22:08,690
LIKE THEY CAN ACCESS THEIR 

2228
01:22:08,690 --> 01:22:15,397
PARKS, IF PEOPLE DON'T FEEL 

2229
01:22:15,397 --> 01:22:17,432
LIKE, YOU KNOW, THEY HAVE ACCESS

2230
01:22:17,432 --> 01:22:20,302
TO ALL THE THINGS, ALL THE 

2231
01:22:20,302 --> 01:22:24,172
SERVICES THAT THAT MONEY IS 

2232
01:22:24,172 --> 01:22:26,374
SUPPOSED TO GO TO, THEN, YOU 

2233
01:22:26,374 --> 01:22:30,345
KNOW, IT HAS AN IMPACT ON 

2234
01:22:30,345 --> 01:22:32,914
WHETHER THEY STAY IN THE CITY OR

2235
01:22:32,914 --> 01:22:33,948
SOME DON'T HAVE A CHOICE. THAT 

2236
01:22:33,948 --> 01:22:36,117
MEANS THE FOLKS THAT DON'T HAVE

2237
01:22:36,117 --> 01:22:38,086
A CHOICE TO LEAVE THE CITY ARE 

2238
01:22:38,086 --> 01:22:41,389
STUCK AND FEELING LIKE THEY ARE 

2239
01:22:41,389 --> 01:22:43,058
NOT GETTING THE SERVICES THAT 

2240
01:22:43,058 --> 01:22:45,293
THEY NEED, AND THAT IS NOT GOOD 

2241
01:22:45,293 --> 01:22:50,031
FOR OUR CITY. IT IS NOT GOOD FOR

2242
01:22:50,031 --> 01:22:51,700
THE HEALTH OF OUR CITY. SO, ALL 

2243
01:22:51,700 --> 01:22:54,602
OF THAT NEEDS TO BE TAKEN INTO 

2244
01:22:54,602 --> 01:22:55,337
ACCOUNT AS WELL. THANK YOU, 

2245
01:22:55,337 --> 01:22:56,104
COUNCIL PRESIDENT. 

2246
01:22:56,104 --> 01:22:58,073
&gt;&gt; THANK YOU, WE WILL HAVE 

2247
01:22:58,073 --> 01:23:00,141
COUNCIL FOSTER AND THEN WRAP UP.

2248
01:23:00,141 --> 01:23:01,509
COUNCIL MEMBER FOSTER. 

2249
01:23:01,509 --> 01:23:03,645
&gt;&gt; THANK YOU SO MUCH. REALLY 

2250
01:23:03,645 --> 01:23:04,346
APPRECIATE THAT. I WANTED TO 

2251
01:23:04,346 --> 01:23:07,082
COMMENT AND QUICKLY SAY I AM 

2252
01:23:07,082 --> 01:23:09,718
REALLY LOOKING FORWARD TO, I 

2253
01:23:09,718 --> 01:23:11,453
KNOW TODAY'S CONVERSATION WAS 

2254
01:23:11,453 --> 01:23:13,254
FOCUSED AROUND AFFORDABILITY AND

2255
01:23:13,254 --> 01:23:15,523
WE LOOKED, TOOK A LOOK AT TAXES 

2256
01:23:15,523 --> 01:23:16,925
AND THAT IMPACT BUT I WANT TO 

2257
01:23:16,925 --> 01:23:18,560
UPLIFT AND SAY I AM LOOKING 

2258
01:23:18,560 --> 01:23:20,562
FORWARD TO AS WE CONTINUE TO 

2259
01:23:20,562 --> 01:23:22,163
WORK ON THE COMPREHENSIVE PLAN 

2260
01:23:22,163 --> 01:23:23,631
AND ITEMS COMING THROUGH THE 

2261
01:23:23,631 --> 01:23:24,966
HOUSING COMMITTEE TO MAKE SURE 

2262
01:23:24,966 --> 01:23:26,434
THAT WE ARE TAKING OTHER ACTIONS

2263
01:23:26,434 --> 01:23:27,435
THAT I THINK WILL HAVE A 

2264
01:23:27,435 --> 01:23:29,270
POSITIVE IMPACT ON ONE OF THE 

2265
01:23:29,270 --> 01:23:31,906
MOST EXPENSIVE THINGS IN OUR 

2266
01:23:31,906 --> 01:23:33,708
CITY, WHICH IS HOUSING. 

2267
01:23:33,708 --> 01:23:34,309
INCLUDING WORKING TO GET 

2268
01:23:34,309 --> 01:23:35,143
ABUNDANT HOUSING AROUND THE 

2269
01:23:35,143 --> 01:23:37,712
CITY, WHICH WE KNOW, FOR SOME OF

2270
01:23:37,712 --> 01:23:39,080
THE CITIES WE HAVE MENTIONED 

2271
01:23:39,080 --> 01:23:40,749
THAT FOLKS MOVED TO, WE KNOW 

2272
01:23:40,749 --> 01:23:43,051
WHEN WE HAVE SEEN THE CITIES 

2273
01:23:43,051 --> 01:23:44,419
INCREASE THEIR HOUSING SUPPLY 

2274
01:23:44,419 --> 01:23:46,154
RELATIVE TO THE MARKET AND THAT 

2275
01:23:46,154 --> 01:23:48,590
WE START TO SEE RENTS AND COST 

2276
01:23:48,590 --> 01:23:50,058
OF LIVING STABILIZE AND COME 

2277
01:23:50,058 --> 01:23:51,326
DOWN IN SOME PLACES. I KNOW WE 

2278
01:23:51,326 --> 01:23:54,195
ARE TALKING THINGS THE CITY HAS 

2279
01:23:54,195 --> 01:23:56,030
CONTROL OF, AND OBVIOUSLY 

2280
01:23:56,030 --> 01:23:57,499
ZONING, PLANNING, AND OUR 

2281
01:23:57,499 --> 01:23:58,366
APPROACH TO SUPPORTING AND 

2282
01:23:58,366 --> 01:23:59,067
INCENTIVEIZING HOUSING IS PART 

2283
01:23:59,067 --> 01:24:03,605
OF THAT Y. AM LOOKING FORWARD TO

2284
01:24:03,605 --> 01:24:04,239
THAT CONVERSATION. THANK YOU. 

2285
01:24:04,239 --> 01:24:09,778
&gt;&gt; THANK YOU, COUNCIL MEMBER 

2286
01:24:09,778 --> 01:24:10,512
FOSTER. YOU ARE ABSOLUTELY 

2287
01:24:10,512 --> 01:24:12,080
RIGHT. AND THANK YOU, I DON'T 

2288
01:24:12,080 --> 01:24:14,315
KNOW IF THERE ARE CLOSING 

2289
01:24:14,315 --> 01:24:15,283
COMMENTS, TOM AND CAL, GRATEFUL 

2290
01:24:15,283 --> 01:24:17,419
OF THE TIME AND ATTENTION YOU 

2291
01:24:17,419 --> 01:24:18,286
PUT INTO THIS. COLLEAGUES, WE 

2292
01:24:18,286 --> 01:24:21,156
COULD DO A BUNCH OF SERIES OF 

2293
01:24:21,156 --> 01:24:23,057
THIS, BUT THOUGHT THE FIRST ONE 

2294
01:24:23,057 --> 01:24:24,459
SHOULD BE JUST ABOUT TAXES, 

2295
01:24:24,459 --> 01:24:27,128
RETAIL, AND PROPERTY TAXES, AND 

2296
01:24:27,128 --> 01:24:28,396
THE LEVYS, JUST BECAUSE OF EVER 

2297
01:24:28,396 --> 01:24:29,597
SINCE I HAVE BEEN HERE, EVERY 

2298
01:24:29,597 --> 01:24:33,968
YEAR, WE HAVE VOTED ON A LEVY. 

2299
01:24:33,968 --> 01:24:34,936
EVERY YEAR. SOME OF THOSE LEGACY

2300
01:24:34,936 --> 01:24:36,638
LEVYS AND I THINK IT IS 

2301
01:24:36,638 --> 01:24:38,139
IMPORTANT TO HAVE THAT CONTEXT 

2302
01:24:38,139 --> 01:24:39,774
AND THAT TABLE SETTING. THANK 

2303
01:24:39,774 --> 01:24:42,777
YOU FOR MAKING IT PALATABLE FOR 

2304
01:24:42,777 --> 01:24:43,078
FOLKS AS WELL. 

2305
01:24:45,947 --> 01:24:46,781
THANK YOU. SO, COLLEAGUES, I 

2306
01:24:46,781 --> 01:24:49,150
KNOW WE ARE AN HOUR AND A HALF 

2307
01:24:49,150 --> 01:24:51,886
IN, IS THERE ANYONE WHO WANTS TO

2308
01:24:51,886 --> 01:24:53,855
TALK ABOUT YOUR COMMITTEES OR 

2309
01:24:53,855 --> 01:24:54,989
ANYTHING PRESSING THAT IS 

2310
01:24:54,989 --> 01:24:57,792
IMPORTANT, POSSIBLY, THAT YOU 

2311
01:24:57,792 --> 01:24:59,127
WANT TO BRING FORTH? COUNCIL 

2312
01:24:59,127 --> 01:24:59,494
MEMBER SAKA. 

2313
01:24:59,494 --> 01:25:01,830
&gt;&gt; THANK YOU, MADAM COUNCIL 

2314
01:25:01,830 --> 01:25:04,165
PRESIDENT, AND USE THIS AS A 

2315
01:25:04,165 --> 01:25:05,767
BRIEF, YOU KNOW, TO COMMENT ON 

2316
01:25:05,767 --> 01:25:07,502
THE VERY LIVELY AND RICH 

2317
01:25:07,502 --> 01:25:09,838
DISCUSSION WE JUST HAD AS WELL, 

2318
01:25:09,838 --> 01:25:13,341
BUT JUST WORTH NOTING, WE ARE, 

2319
01:25:13,341 --> 01:25:15,176
COLLEAGUES, HAVING OUR VERY 

2320
01:25:15,176 --> 01:25:17,278
FIRST MEETING OF THE SELECT 

2321
01:25:17,278 --> 01:25:18,279
MITTEE ON THE SEATTLE 

2322
01:25:18,279 --> 01:25:19,481
TRANSPORTATION BENEFIT DISTRICT 

2323
01:25:19,481 --> 01:25:22,217
THIS THURSDAY, WHERE WE WILL 

2324
01:25:22,217 --> 01:25:24,986
HEAR THE EXECUTIVE PROPOSAL ON 

2325
01:25:24,986 --> 01:25:27,956
POTENTIAL RENEWAL OF THE SEATTLE

2326
01:25:27,956 --> 01:25:29,457
TRANSIT MEASURE, OTHERWISE MORE 

2327
01:25:29,457 --> 01:25:33,094
FORMALLY KNOWN AS, I KNOW A LOT 

2328
01:25:33,094 --> 01:25:34,796
OF STICKLER FOR FORMALITY, 

2329
01:25:34,796 --> 01:25:35,530
SEATTLE TRANSPORTATION BENEFIT 

2330
01:25:35,530 --> 01:25:38,800
RENEWAL THERE, AND SO THAT IS 

2331
01:25:38,800 --> 01:25:41,703
COMING UP ON THIS THURSDAY, AND 

2332
01:25:41,703 --> 01:25:45,507
JUST TO ADD ON MY OWN TWO CENTS 

2333
01:25:45,507 --> 01:25:46,808
FROM THE CHEAP SEATS, I AGREE 

2334
01:25:46,808 --> 01:25:48,610
WITH A LOT, WELL, EVERYTHING I 

2335
01:25:48,610 --> 01:25:50,645
JUST HEARD FROM YOU ALL, 

2336
01:25:50,645 --> 01:25:55,283
COLLEAGUES, THERE IS AT LEAST 

2337
01:25:55,283 --> 01:25:57,252
SOMETHING THAT I FOUND VERY 

2338
01:25:57,252 --> 01:26:00,455
IMPORTANT, AND MOVING, AND AGREE

2339
01:26:00,455 --> 01:26:02,123
SUBSTANTIALLY WITH IT. AND THIS 

2340
01:26:02,123 --> 01:26:04,459
IS ALSO, AGAIN, A GOOD SEGUE TO 

2341
01:26:04,459 --> 01:26:06,361
THE CONVERSATION WE WILL HAVE ON

2342
01:26:06,361 --> 01:26:08,930
THURSDAY, ON AN EXECUTIVE 

2343
01:26:08,930 --> 01:26:11,599
PROPOSAL THAT WILL IMPACT SALES 

2344
01:26:11,599 --> 01:26:13,868
TAX. AND ALL OF THESE NEW 

2345
01:26:13,868 --> 01:26:15,203
SOURCES OF REVENUE AND WHETHER 

2346
01:26:15,203 --> 01:26:18,740
IT IS PROPERTY TAX, SALES TAX, 

2347
01:26:18,740 --> 01:26:22,510
OTHER SORT OF TAX INITIATIVE, 

2348
01:26:22,510 --> 01:26:25,713
THEY ALL HAVE A COMPOUNDING 

2349
01:26:25,713 --> 01:26:26,681
IMPACT. WHEN TALKING POTENTIAL 

2350
01:26:26,681 --> 01:26:29,617
PROPERTY TAXES IT IMPACTS HOME 

2351
01:26:29,617 --> 01:26:32,720
OWNERS AND RENTERS ALIKE. YES, 

2352
01:26:32,720 --> 01:26:33,555
THERE IS ABSOLUTELY LIMITATIONS 

2353
01:26:33,555 --> 01:26:37,058
ON-- THERE IS A TON OF 

2354
01:26:37,058 --> 01:26:39,561
LIMITATIONS IMPOSED BY STATE LAW

2355
01:26:39,561 --> 01:26:42,130
AND THE SYSTEM OF OUR UPSIDE 

2356
01:26:42,130 --> 01:26:44,232
DOWN TAX CODE, WE ARE LIVING 

2357
01:26:44,232 --> 01:26:48,236
THROUGH THAT RIGHT NOW, SO OUR 

2358
01:26:48,236 --> 01:26:53,341
TOOLS ARE FAIRLY LIMITED. ALL OF

2359
01:26:53,341 --> 01:26:55,043
WHICH IMPACTS AFFORDABILITY, AND

2360
01:26:55,043 --> 01:26:59,847
TALKED ABOUT HOW THAT RELATES TO

2361
01:26:59,847 --> 01:27:00,782
OUTCOMES AND ACCOUNTABILITY AS 

2362
01:27:00,782 --> 01:27:03,484
WELL, SO, BUT I WILL EMPHASIZE 

2363
01:27:03,484 --> 01:27:05,420
THE NEED HAS GROWN SIGNIFICANTLY

2364
01:27:05,420 --> 01:27:07,989
AS WELL, AND A LOT OF IT, IN 

2365
01:27:07,989 --> 01:27:12,293
RECENT YEARS, IS BECAUSE OF THE 

2366
01:27:12,293 --> 01:27:13,995
CURRENT FEDERAL ADMINISTRATION, 

2367
01:27:13,995 --> 01:27:19,534
BUT THE NEEDS HAVE GROWN GREATLY

2368
01:27:19,534 --> 01:27:22,804
AND RESPONSIBILITY TO OUR 

2369
01:27:22,804 --> 01:27:29,644
CITY'S MOST VULNERABLE, HAS 

2370
01:27:29,644 --> 01:27:30,945
GROWN EXPONENTIALLY AS WELL. 

2371
01:27:30,945 --> 01:27:31,813
FRIENDLY REMINDER, COLLEAGUES, 

2372
01:27:31,813 --> 01:27:36,985
OUR FIRST SELECT COMMITTEE ON 

2373
01:27:36,985 --> 01:27:40,255
WILL BE ON THURSDAY. THANK YOU. 

2374
01:27:40,388 --> 01:27:42,957
&gt;&gt; THANK YOU, COUNCIL MEMBER 

2375
01:27:42,957 --> 01:27:46,361
SAKA, FOR THAT. AS LONG AS YOU 

2376
01:27:46,361 --> 01:27:48,863
ONLY DO 2 CENTS, IF MORE, WE 

2377
01:27:48,863 --> 01:27:50,832
CAN'T AFFORD IT. CAN'T THROW 

2378
01:27:50,832 --> 01:27:52,266
IN BILLIONS. GO AHEAD. 

2379
01:27:52,266 --> 01:27:56,437
&gt;&gt; CAN I JUST SAY, I APPRECIATE 

2380
01:27:56,437 --> 01:27:58,439
THE FRIENDLY BANTER BUT I 

2381
01:27:58,439 --> 01:28:00,475
APPRECIATE YOU FOR BRINGING THIS

2382
01:28:00,475 --> 01:28:04,912
TOPIC FORWARD FOR US TO ALL 

2383
01:28:04,912 --> 01:28:06,247
COLLECTIVELY DISCUSS, DEBATE, 

2384
01:28:06,247 --> 01:28:09,117
AND BECAUSE IT DOES IMPACT, 

2385
01:28:09,117 --> 01:28:11,586
REALLY, EVERYTHING THAT WE DO, 

2386
01:28:11,586 --> 01:28:12,687
INCLUDING SOME NEAR-TERM POLICY 

2387
01:28:12,687 --> 01:28:14,756
DECISIONS, SO, JUST WANT TO SAY 

2388
01:28:14,756 --> 01:28:16,824
THANK YOU FOR YOUR LEADERSHIP. 

2389
01:28:16,824 --> 01:28:19,227
&gt;&gt; THANK YOU, COUNCIL MEMBER 

2390
01:28:19,227 --> 01:28:21,462
SAKA. LOOKING FORWARD TO THE 

2391
01:28:21,462 --> 01:28:24,232
SEATTLE TRANSIT MEASURE BENEFIT 

2392
01:28:24,232 --> 01:28:25,566
DISTRICT. SORRY, THE BENEFIT 

2393
01:28:25,566 --> 01:28:26,501
DISTRICT. COUNCIL MEMBER RIVERA 

2394
01:28:26,501 --> 01:28:28,002
FOLLOWED BY COUNCIL MEMBER 

2395
01:28:28,002 --> 01:28:28,236
RINCK. 

2396
01:28:28,236 --> 01:28:30,204
&gt;&gt; THANK YOU, COUNCIL MEMBER 

2397
01:28:30,204 --> 01:28:31,739
PRESIDENT, I HAVE TWO QUICK 

2398
01:28:31,739 --> 01:28:35,209
THINGS AND I WILL INVITE YOU TO 

2399
01:28:35,209 --> 01:28:36,978
FOLLOW UP WITH ME AFTER, I KNOW 

2400
01:28:36,978 --> 01:28:39,247
WE ARE SHORT ON TIME, ON EITHER.

2401
01:28:39,247 --> 01:28:42,884
ONE, I WANT TO START WITH THE 

2402
01:28:42,884 --> 01:28:43,618
FAMILY POSITIVE LEVY 

2403
01:28:43,618 --> 01:28:44,252
IMPLEMENTATION AND EVALUATION 

2404
01:28:44,252 --> 01:28:46,721
PLAN, I WANT TO THANK YOU ALL 

2405
01:28:46,721 --> 01:28:50,692
FOR YOUR PATIENCE AS WE ARE 

2406
01:28:50,692 --> 01:28:54,328
WORKING THROUGH THE INE PLAN. WE

2407
01:28:54,328 --> 01:28:56,764
WILL BE REPURPOSING OUR LIBRARY 

2408
01:28:56,764 --> 01:28:58,032
EDUCATION COMMITTEE MEETING INTO

2409
01:28:58,032 --> 01:28:59,701
SELECT COMMITTEES, COMMITTEE 

2410
01:28:59,701 --> 01:29:01,302
MEETINGS TO GO THROUGH THE INE 

2411
01:29:01,302 --> 01:29:03,438
PLAN, I WANT TO THANK YOU, 

2412
01:29:03,438 --> 01:29:05,606
COUNCIL PRESIDENT, FOR WORKING 

2413
01:29:05,606 --> 01:29:07,175
WITH ME TO TO MAKE SURE THAT 

2414
01:29:07,175 --> 01:29:10,345
HAPPENS, I WANTED TO BE SURE 

2415
01:29:10,345 --> 01:29:11,646
THAT, COLLEAGUES, YOU ALL HAD AN

2416
01:29:11,646 --> 01:29:13,648
OPPORTUNITY TO WEIGH IN, NOT 

2417
01:29:13,648 --> 01:29:14,949
JUST THE COMMITTEE MEMBERS, I 

2418
01:29:14,949 --> 01:29:18,186
THOUGHT IT WAS IMPORTANT TO DO 

2419
01:29:18,186 --> 01:29:20,588
SELECT COMMITTEE. WE WILL HAVE 

2420
01:29:20,588 --> 01:29:23,825
NEXT WEEK, JUNE 10, THE FIRST 

2421
01:29:23,825 --> 01:29:26,194
COMMITTEE MEETING ON THIS, IT 

2422
01:29:26,194 --> 01:29:29,030
WILL BE A PRESENTATION ON THEIR 

2423
01:29:29,030 --> 01:29:34,669
PROPOSAL, AND THEN KEEP GOING 

2424
01:29:34,669 --> 01:29:39,140
JUNE 30, JULY 8 AMENDMENT AND 

2425
01:29:39,140 --> 01:29:41,476
POSSIBLE VOTE, JULY 24, FINAL 

2426
01:29:41,476 --> 01:29:42,143
VOTE, IN SELECT COMMITTEE, AND 

2427
01:29:42,143 --> 01:29:44,212
THEN COUNCIL VOTE SHOULD GIVE US

2428
01:29:44,212 --> 01:29:46,781
PLENTY OF TIME TO GET THROUGH 

2429
01:29:46,781 --> 01:29:48,015
THE INE PLAN, INCLUDING ANY 

2430
01:29:48,015 --> 01:29:49,550
AMENDMENTS YOU MAY HAVE. I WANT 

2431
01:29:49,550 --> 01:29:53,888
TO ENCOURAGE YOU TO PLEASE LET 

2432
01:29:53,888 --> 01:30:02,196
ME KNOW, OR TELL CENTRAL STAFF 

2433
01:30:02,196 --> 01:30:03,464
TO RELIEVE CONFIDENTIAL AND LET 

2434
01:30:03,464 --> 01:30:07,935
ME KNOW SO WE ARE GETTING THE 

2435
01:30:07,935 --> 01:30:09,437
INE PLAN THROUGH AS EFFICIENTLY 

2436
01:30:09,437 --> 01:30:11,205
AND TRANSPARENTLY AS POSSIBLE, 

2437
01:30:11,205 --> 01:30:15,376
AND I WANT TO THANK CENTRAL 

2438
01:30:15,376 --> 01:30:17,645
STAFF, BOTH JASMINE AND TRACY 

2439
01:30:17,645 --> 01:30:20,381
FOR ALL THEIR WORK ON THE INE 

2440
01:30:20,381 --> 01:30:21,449
PLAN. I ALSO KNOW, COLLEAGUES, 

2441
01:30:21,449 --> 01:30:22,717
THE DEPARTMENT REACHED OUT TO 

2442
01:30:22,717 --> 01:30:24,385
YOU AS THEY WERE DEVELOPING THE 

2443
01:30:24,385 --> 01:30:26,587
INE PLAN, AND YOU MET WITH THE 

2444
01:30:26,587 --> 01:30:30,291
DEPARTMENT AND CENTRAL STAFF, SO

2445
01:30:30,291 --> 01:30:31,659
HOPEFULLY THAT MEANS THAT YOU 

2446
01:30:31,659 --> 01:30:34,429
ARE AWARE ALREADY OF THETHIS 

2447
01:30:34,429 --> 01:30:36,798
THAT ARE IN THE PLAN, SOME OF 

2448
01:30:36,798 --> 01:30:39,834
YOUR THINGS WERE THOUGHT OF, AS 

2449
01:30:39,834 --> 01:30:43,738
THE PLAN WAS COMING TOGETHER. 

2450
01:30:43,738 --> 01:30:46,474
SO, MORE ON THAT TO COME. IF YOU

2451
01:30:46,474 --> 01:30:48,543
QUESTIONS, PLEASE REACH OUT TO 

2452
01:30:48,543 --> 01:30:50,812
ME, AND THEN THE, AS YOU KNOW, I

2453
01:30:50,812 --> 01:30:57,151
AM SO PLEASED TO BE HOSTING THE 

2454
01:30:57,151 --> 01:30:58,953
VILE, THE GUN VIOLENCE 

2455
01:30:58,953 --> 01:30:59,587
INTERVENTION SYMPOSIUM IN 

2456
01:30:59,587 --> 01:31:00,154
PARTNERSHIP WITH COUNCIL 

2457
01:31:00,154 --> 01:31:01,289
PRESIDENT NEXT WEEK ON THE 

2458
01:31:01,289 --> 01:31:04,325
EIGHTth, IT WILL BE LED BY THE 

2459
01:31:04,325 --> 01:31:06,360
NATIONAL NETWORK FOR SAFE 

2460
01:31:06,360 --> 01:31:07,395
COMMUNITIES, THE GROUP STARTED 

2461
01:31:07,395 --> 01:31:08,729
BY DAVID KENNEDY WHO HAS BEEN 

2462
01:31:08,729 --> 01:31:09,764
WORKING ON THE ISSUE FOR 

2463
01:31:09,764 --> 01:31:14,535
DECADES, SO WE CAN LEARN ABOUT 

2464
01:31:14,535 --> 01:31:15,736
GUN VIOLENCE REDUCTION, 

2465
01:31:15,736 --> 01:31:16,637
SIGNIFICANTLY SUCCESSFUL IN 

2466
01:31:16,637 --> 01:31:19,373
OTHER CITIES LIKE BALTIMORE AND 

2467
01:31:19,373 --> 01:31:20,541
PHILADELPHIA, I KNOW I HAVE 

2468
01:31:20,541 --> 01:31:22,777
MENTIONED THIS AT FULL COUNCIL 

2469
01:31:22,777 --> 01:31:24,679
MEETINGS WE HAVE HAD, I HAVE 

2470
01:31:24,679 --> 01:31:26,380
BEEN WORKING WITH COUNCIL 

2471
01:31:26,380 --> 01:31:28,549
PRESIDENT AND THE MAYOR'S 

2472
01:31:28,549 --> 01:31:29,784
OFFICE TO EXPLORE ADDITIONAL 

2473
01:31:29,784 --> 01:31:31,352
STRATEGIES AND REDUCING GUN 

2474
01:31:31,352 --> 01:31:36,691
VIOLENCE HERE IN OUR CITY, AND, 

2475
01:31:36,691 --> 01:31:39,060
OF COURSE KEEPING CHAIR KETTLE 

2476
01:31:39,060 --> 01:31:40,494
IN THESE CONVERSATIONS AS WELL. 

2477
01:31:40,494 --> 01:31:41,963
AS YOU KNOW, IN ADDITION TO THE 

2478
01:31:41,963 --> 01:31:43,431
POLICE DEPARTMENT, THE CITY 

2479
01:31:43,431 --> 01:31:46,334
INVESTS IN GUN VIOLENCE 

2480
01:31:46,334 --> 01:31:46,934
PREVENTION AND INTERVENTION 

2481
01:31:46,934 --> 01:31:48,069
PROGRAMS AND PLACED APPROACHS TO

2482
01:31:48,069 --> 01:31:50,872
ADDRESS THE ISSUE SO WE ARE NOW 

2483
01:31:50,872 --> 01:31:53,975
INTERESTED IN LOOKING AS AN 

2484
01:31:53,975 --> 01:31:56,177
ADDITIVE PIECE AT FOCUSED 

2485
01:31:56,177 --> 01:31:56,911
DETERRENTS, AN ADDITIONAL 

2486
01:31:56,911 --> 01:31:59,313
EVIDENCE-BASED STRATEGY TO HELP 

2487
01:31:59,313 --> 01:32:00,414
IN THESE EFFORTS. THIS SYMPOSIUM

2488
01:32:00,414 --> 01:32:02,350
WILL BE AN OPPORTUNITY TO LEARN 

2489
01:32:02,350 --> 01:32:04,051
ABOUT THIS APPROACH, AND, AS YOU

2490
01:32:04,051 --> 01:32:06,888
OFTEN HEARD ME SAY WHEN WE WORK 

2491
01:32:06,888 --> 01:32:07,455
TOGETHER WE HAVE BETTER 

2492
01:32:07,455 --> 01:32:09,257
OUTCOMES, WHICH IS WHY I HAVE 

2493
01:32:09,257 --> 01:32:11,559
BEEN WORKING WITH EMIR'S OFFICE

2494
01:32:11,559 --> 01:32:15,563
AND HSD TO INSURE THE COMMUNITY 

2495
01:32:15,563 --> 01:32:16,497
GROUPS HAVE ALSO BEEN INVITED. 

2496
01:32:16,497 --> 01:32:18,232
IT AN APPROACH THE CITY WOULD 

2497
01:32:18,232 --> 01:32:20,134
TAKE IN PARTNERSHIP WITH ALL OF 

2498
01:32:20,134 --> 01:32:22,670
OUR LAW ENFORCEMENT AGENCIES AND

2499
01:32:22,670 --> 01:32:26,040
ALSO INCLUDING THE PROSECUTOR'S

2500
01:32:26,040 --> 01:32:30,444
OFFICE, THE CITY ATTORNEY, SPD, 

2501
01:32:30,444 --> 01:32:33,180
ALCOHOL, TOBACCO&amp;FIREARM AGENCY,

2502
01:32:33,180 --> 01:32:36,551
WORKING TOGETHER TO EXPLORE THE 

2503
01:32:36,551 --> 01:32:39,687
EFFORT. COLLEAGUES, YOWL WILL BE

2504
01:32:39,687 --> 01:32:41,923
SEEKING LEGAL ADVICE RELATED TO 

2505
01:32:41,923 --> 01:32:45,626
THE SYMPOSIUM, I ENCOURAGE YOU 

2506
01:32:45,626 --> 01:32:47,695
TO REACH OUT TO ME AS MY OFFICE 

2507
01:32:47,695 --> 01:32:49,297
HAS DONE THE ORGANIZING OF THE 

2508
01:32:49,297 --> 01:32:50,731
SYMPOSIUM AND I LOOK FORWARD TO 

2509
01:32:50,731 --> 01:32:52,366
WORKING WITH YOU ALL, THE 

2510
01:32:52,366 --> 01:32:54,235
COUNCIL PRESIDENT, AND EMIR'S 

2511
01:32:54,235 --> 01:32:55,937
OFFICE TO CONTINUE THE 

2512
01:32:55,937 --> 01:32:56,871
CONVERSATIONS AFTER THE 

2513
01:32:56,871 --> 01:32:59,106
SYMPOSIUM AND TO CONTINUE TO 

2514
01:32:59,106 --> 01:33:02,510
EXPLORE WAYS WE ARE GOING TO 

2515
01:33:02,510 --> 01:33:04,512
ADDRESS NONVIOLENCE IN OUR CITY,

2516
01:33:04,512 --> 01:33:07,548
AND APPEAR MORE ABOUT NEXT STEPS

2517
01:33:07,548 --> 01:33:08,316
FROM OUR PARTNERS. THANK YOU, 

2518
01:33:08,316 --> 01:33:09,050
COUNCIL PRESIDENT. 

2519
01:33:09,050 --> 01:33:12,486
&gt;&gt; THANK YOU, COUNCIL MEMBER 

2520
01:33:12,486 --> 01:33:13,788
RIVERA. COUNCIL MEMBER RINCK. 

2521
01:33:13,788 --> 01:33:16,257
&gt;&gt; THANK YOU, I WILL BE BRIEF, 

2522
01:33:16,257 --> 01:33:20,061
BUT FIRST AND FOREMOST, HAPPY 

2523
01:33:20,061 --> 01:33:21,562
PRIDE. GREAT SEEING EVERYBODY AT

2524
01:33:21,562 --> 01:33:23,097
THE CEREMONY EARLIER TODAY. I 

2525
01:33:23,097 --> 01:33:24,832
WANTED TO PROVIDE A BRIEF UPDATE

2526
01:33:24,832 --> 01:33:27,668
SINCE THE HUMAN SERVICES LABOR 

2527
01:33:27,668 --> 01:33:28,769
AND ECONOMIC DEVELOPMENT MEETING

2528
01:33:28,769 --> 01:33:33,341
WILL MEET AGAIN THIS FRIDAY, WE 

2529
01:33:33,341 --> 01:33:35,443
ARE MEETING TO DISCUSS DIA 

2530
01:33:35,443 --> 01:33:36,577
LEGISLATION AND BRIEFING FROM 

2531
01:33:36,577 --> 01:33:38,446
HUMAN SERVICES DEPARTMENT AND 

2532
01:33:38,446 --> 01:33:39,513
SEATTLE KING COUNTY PUBLIC 

2533
01:33:39,513 --> 01:33:40,348
HEALTH ON APPROACHES SUBSTANCE 

2534
01:33:40,348 --> 01:33:43,384
USE DISORDER BUT I WANTED TO 

2535
01:33:43,384 --> 01:33:45,953
FLAG WE WILL BECEIVING AN UPDATE

2536
01:33:45,953 --> 01:33:47,254
REGARDING CORRECTIVE ACTION PLAN

2537
01:33:47,254 --> 01:33:48,089
RECENTLY SUBMITTED TO THE 

2538
01:33:48,089 --> 01:33:49,190
MAYOR'S OFFICE IN AND KING 

2539
01:33:49,190 --> 01:33:52,560
COUNTY EXECUTIVE IN RESPONSE TO 

2540
01:33:52,560 --> 01:33:53,561
THE FORENSIC EVALUATION. THAT 

2541
01:33:53,561 --> 01:33:55,630
CORRECTIVE ACTION PLAN HAS NOW 

2542
01:33:55,630 --> 01:33:56,597
DISTRIBUTED TO ALL COUNCIL 

2543
01:33:56,597 --> 01:33:58,065
OFFICES FROM MY STAFF SO 

2544
01:33:58,065 --> 01:33:59,767
EVERYBODY SHOULD HAVE ACCESS BUT

2545
01:33:59,767 --> 01:34:01,569
I WANTED TO HIGHLIGHT THAT FOR 

2546
01:34:01,569 --> 01:34:04,338
ANYONE WHO WANTED TO ATTEND 

2547
01:34:04,338 --> 01:34:05,940
COMMITTEE ON FRIDAY, CCHRA WILL 

2548
01:34:05,940 --> 01:34:08,275
BE AT THE TABLE FOR THAT 

2549
01:34:08,275 --> 01:34:08,776
DISCUSSION. THANK YOU. 

2550
01:34:08,776 --> 01:34:11,312
&gt;&gt; AWESOME. THANK YOU, COUNCIL 

2551
01:34:11,312 --> 01:34:15,049
MEMBER RINCK, FOR ALL YOUR WORK 

2552
01:34:15,049 --> 01:34:16,817
ON THAT. AND THEN COLLEAGUES, IS

2553
01:34:16,817 --> 01:34:18,619
THERE-- COUNCIL MEMBER RIVERA, 

2554
01:34:18,619 --> 01:34:19,754
IS YOUR HAND UP? 

2555
01:34:19,754 --> 01:34:20,688
&gt;&gt; NO. 

2556
01:34:20,688 --> 01:34:22,723
&gt;&gt; YOURS IS UP. COUNCIL MEMBER 

2557
01:34:22,723 --> 01:34:22,957
JUAREZ. 

2558
01:34:22,957 --> 01:34:24,358
&gt;&gt; SO BRIEF, YOU WON'T EVEN-- 

2559
01:34:24,358 --> 01:34:26,160
&gt;&gt; WHO DID YOU MEET WITH? WE ALL

2560
01:34:26,160 --> 01:34:26,661
WANT TO HEAR. 

2561
01:34:26,661 --> 01:34:28,062
&gt;&gt; I WANT TO THANK COUNCIL 

2562
01:34:28,062 --> 01:34:29,063
MEMBER RINCK FOR DOING A REALLY 

2563
01:34:29,063 --> 01:34:31,532
GOOD JOB ON STAYING ON TOP OF 

2564
01:34:31,532 --> 01:34:33,834
THIS CORRECTIVE ACTION PLAN AND 

2565
01:34:33,834 --> 01:34:35,936
KING COUNTY STUFF BECAUSE, AND 

2566
01:34:35,936 --> 01:34:37,004
COUNCIL MEMBER FOSTER, BECAUSE, 

2567
01:34:37,004 --> 01:34:38,539
YOU KNOW, THESE YOUNG WOMEN, 

2568
01:34:38,539 --> 01:34:39,907
THEY ARE MAKING IT WORK. GOD 

2569
01:34:39,907 --> 01:34:42,410
BLESS THEM, SO THEY HAVE BEEN 

2570
01:34:42,410 --> 01:34:43,644
GOING THROUGH THE MATERIAL, 

2571
01:34:43,644 --> 01:34:45,179
TALKING TO US, LETTING US KNOW 

2572
01:34:45,179 --> 01:34:47,248
WHAT IS GOING ON, THE CORRECTIVE

2573
01:34:47,248 --> 01:34:51,852
ACTION PLAN IS LIKE 150 PAGES 

2574
01:34:51,852 --> 01:34:58,592
AND THEN SOME. GOD BLESS YOU, 

2575
01:34:58,592 --> 01:35:01,595
GOOD LUCK. DON'T DIE. I WANT TO

2576
01:35:01,595 --> 01:35:03,631
THANK COUNCIL MEMBER RINCK FOR 

2577
01:35:03,631 --> 01:35:05,733
UPDATING DIA, THERE IS ONLY TWO,

2578
01:35:05,733 --> 01:35:07,568
MAYBE THREE, WE WILL CONTINUE TO

2579
01:35:07,568 --> 01:35:09,003
PLUCK AWAY AT THAT, BUT I WANT 

2580
01:35:09,003 --> 01:35:10,371
TO THANK COUNCIL MEMBER RINCK 

2581
01:35:10,371 --> 01:35:11,939
FOR HER LEADERSHIP IN THAT AREA,

2582
01:35:11,939 --> 01:35:13,941
IT IS SO IMPORTANT THOSE BIAs 

2583
01:35:13,941 --> 01:35:15,743
AND GETTING THEM UPDATED, HAVING

2584
01:35:15,743 --> 01:35:17,311
A NEW POWER POINT, WONDERFUL IN 

2585
01:35:17,311 --> 01:35:18,813
GOING INTO THE NEIGHBORHOOD. 

2586
01:35:18,813 --> 01:35:20,281
THANK YOU, COUNCIL MEMBER RINCK 

2587
01:35:20,281 --> 01:35:20,881
FOR YOUR LEADERSHIP. YOU AND 

2588
01:35:20,881 --> 01:35:22,183
COUNCIL MEMBER FOSTER ARE DOING 

2589
01:35:22,183 --> 01:35:23,551
A GREAT JOB ON THE HOUSING 

2590
01:35:23,551 --> 01:35:23,784
PIECE. 

2591
01:35:23,784 --> 01:35:25,052
&gt;&gt; GOOD JOB. 

2592
01:35:25,052 --> 01:35:26,554
&gt;&gt; THANK YOU. 

2593
01:35:26,554 --> 01:35:27,655
&gt;&gt; DONE. 

2594
01:35:27,655 --> 01:35:29,356
&gt;&gt; BOOM. 

2595
01:35:29,356 --> 01:35:31,659
&gt;&gt; AWESOME. COUNCIL MEMBER 

2596
01:35:31,659 --> 01:35:34,462
JUAREZ, I KNOW THAT THE NEXT, 

2597
01:35:34,462 --> 01:35:35,930
THE LAST SIX MONTHS OF YOU BEING

2598
01:35:35,930 --> 01:35:39,967
WITH US IS GOING TO BE SUCH A 

2599
01:35:39,967 --> 01:35:43,804
TREAT. I AM GOING TO SAY THAT. 

2600
01:35:43,804 --> 01:35:44,472
READY FOR IT ALL. COLLEAGUES, I 

2601
01:35:44,472 --> 01:35:47,842
BELIEVE WE HIT THE END OF OUR 

2602
01:35:47,842 --> 01:35:49,710
MEETING, AND WANT TO THANK YOU 

2603
01:35:49,710 --> 01:35:51,946
ALL FOR YOUR ENGAGEMENT ON THE 

2604
01:35:51,946 --> 01:35:54,582
AFFORDABILITY MEETING, AGAIN, IT

2605
01:35:54,582 --> 01:35:56,450
WAS A QUICK OVERVIEW CERTAIN 

2606
01:35:56,450 --> 01:35:57,451
THINGS AND I KNOW THAT WE WILL 

2607
01:35:57,451 --> 01:36:00,621
BE BACK HERE WITH MORE AS WE ARE

2608
01:36:00,621 --> 01:36:03,090
WORKING WITH CENTRAL STAFF JUST 

2609
01:36:03,090 --> 01:36:03,991
TO UNDERSTAND A DEEPER DIVE. 

2610
01:36:03,991 --> 01:36:05,025
REALLY APPRECIATE ALL YOUR 

2611
01:36:05,025 --> 01:36:07,661
ATTENTION AND HARD WORK DURING 

2612
01:36:07,661 --> 01:36:08,796
THE PROCESS. IT IS 3:38, 

2613
01:36:08,796 --> 01:36:10,064
COLLEAGUES, WE ARE ADJOURNED. 

2614
01:36:10,064 --> 01:36:11,765
THANK YOU SO MUCH. 

