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Issaquah’s Real Estate Tax Fund Heads for Deficit by 2029 as City Bets $7.5MM on Transit-Oriented Housing

Summary by The Registry
Issaquah’s finance staff have flagged that the revenue streams tied most directly to the local real estate market are weakening at the same moment the city is committing its largest housing investment in a generation. The warning came in a July 27 staff report to the Issaquah City Council, delivered by Finance Director Kristin Garcia as the council opened its pre-budget planning for the 2027/2028 biennium. The document lays out a widening struct…
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The Registry broke the news on Monday, August 10, 2026.
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