Budget & Financial Reports

About the City Budget and Finances

Learn more about the city budget and finances through a two-part presentation by Finance Director Chelsie Walls, presented to the community and City Council in May 2024.

Part I - View a high-level overview of city budget development, city accounting principles, the BARS (budgeting, accounting and reporting system) used by local governments and city budgeting requirements and responsibilities.
Watch the Part I presentation.
Part II – View a presentation covering revenue sources, recurring and non-recurring operational activities, fund balance, reserve fund and outstanding debt.
Watch the Part II presentation.

2025 Budget

The Spokane Valley City Council voted six to one to approve the 2025 city budget at the Nov. 19, 2024, Council meeting. The new budget, which is $149.6 million, will be in effect from Jan. 1 through Dec. 31, 2025. This includes $64.7 million in the General Fund and $84.9 million in 30 other city funds. Estimated recurring General Fund revenues of $63.7 million increased 3.8% from 2024, while estimated recurring General Fund expenditures of $63.2 million increased 6.02%. Included in the overall total $149.6 million is $56.3 million in capital expenditures, funded 82% by state and federal grant dollars.

View the 2025 Budget.

View the 2025 Budget-in-Brief.