6 ms·
Just ballparking it: Seattle population has grown by around 23% [1] and inflation means $1 in 2010 has the spending power of $1.18 today [2], you'd expect a 45
by Traster 6y ago
Just ballparking it:
Seattle population has grown by around 23% [1] and inflation means $1 in 2010 has the spending power of $1.18 today [2], you'd expect a 45% increase (1.18*1.23) just accounting for population change. According to seattle's open government website, their budget was $6.24Bn in 2020, and $4.13Bn in 2010, a 51% increase. So just ball park spending has grown probably less than 0.5% per annum over inflation in the last decade.
[1]: Acutally 2010-2018 - https://www.google.com/search?client=firefox-b-d&q=seattle+population+2010 https://www.google.com/search?client=firefox-b-d&q=seattle+p...
[2]: https://www.in2013dollars.com/us/inflation/2010?amount=1 https://www.in2013dollars.com/us/inflation/2010?amount=1
[3]: https://openbudget.seattle.gov/#!/year/2020/operating/0/service https://openbudget.seattle.gov/#!/year/2020/operating/0/serv...
- deleted 6y ago[deleted]