Seattle Mayor Bruce Harrell’s proposed budget for 2026 does not include any new layoffs, but it will raise taxes. Harrell’s budget includes a new B&O tax that will be included on a ballot for voters to decide. Also incorporated is a permanent public safety sales tax, according to Seattle City Budget Office Director Dan Eder. Looking at the potential $8.9 billion Seattle budgetThe mayor’s office gave reporters a sneak peek of its $8.9 billion budget one day before presenting it to the Seattle City Council. The mayor will present his proposed budget to the city council on Wednesday, with a final vote in November.