Seattle needs $5,400 per taxpayer to get out of 'financial trench,' report finds | KOMO
"SEATTLE – Seattle would need $5,400 per taxpayer to dig itself out of a ‘financial trench’ and pay all of its bills.
That’s according to a new report that analyzed the fiscal health of the nation’s largest 75 cities.
The Emerald City ranks the 44th worst and earned a “D” grade for its financial health.
...That financial burden equates to $5,400 per Seattle taxpayer.
Meaning, if retirement benefits and other costs aren’t reduced, taxpayers will have to pay that amount in future taxes without receiving those benefits..."
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