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Government

Guidance on Washington's Capital Gains Tax

Levy may impact some business sales, highly appreciated stocks here
April 13, 2023
Karina Elias
Spokane financial advisers and accountants say they're somewhat surprised the Washington state Supreme Court upheld the state's new tax on certain capital gains, and they're renewing efforts to examine its effects on high-net worth clients, sales
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—Erica Bullock

A promising fore-cast for Spokane's golf season

Unsettled weather hasn't put damper on demand for golf
April 13, 2023
Erica Bullock
Despite late openings at Spokane-area golf courses, managers are expecting an uptick, compared to last year when courses closed early.
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End in sight for multiyear bridge projects in city

East Trent span to carry traffic in spring; Post Street structure to open in fall
March 30, 2023
Dylan Harris
Two prominent Spokane bridge-replacement projects valued at a total of nearly $50 million are expected to wrap up this year. In downtown Spokane, on the west edge of Riverfront Park, the city of Spokane is replacing the 106-year-old, 333-foot-long
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Spokane International Airport's TREX project is off to smooth start

Concourse C expansion to be complete in 2025
March 30, 2023
Dylan Harris
The first phase of Spokane International Airport's Terminal Remodeling & Expansion, or TREX, project is on schedule and on budget, says Larry Krauter, Spokane International Airport CEO. The airport broke ground in October on the project's first
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North Spokane Corridor continues path south toward I-90

Bids for river crossing recently opened; work to begin this summer
March 30, 2023
Erica Bullock
Construction on the 10.5-mile North Spokane Corridor project, which eventually will meet up with Interstate 90, is proceeding southward along the western edge of the Spokane Community College campus, says Washington state Department of Transportation
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I-90 interchange replacement is underway in Post Falls

Focus this year will be on bridge construction
March 30, 2023
Mike McLean
The Idaho Transportation Department has launched its first full season of construction on a four-year, $78 million project at the Interstate 90-state Route 41 interchange in Post Falls. Bridge construction will be the main focus of the project this
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Valley projects to create community gathering center

New library construction underway; park expansion work to begin this spring
March 30, 2023
Dylan Harris
A pair of projects is expected to be completed this year in what is being cast as an emerging civic center in Spokane Valley. Spokane County Library District is building the new Spokane Valley Library at 22 N. Herald Road, on the northeast corner of
Read More

$22.8 million in renovations planned at Avista Stadium

Updates mandated by MLB have deadline of opening day 2025
March 30, 2023
Karina Elias
The Spokane Indians Baseball Club, Spokane County, and the city of Spokane Valley recently reached an agreement to share the $22.8 million cost of planned Avista Stadium renovations, and Chris Duff, president of the club says, he anticipates having
Read More

Impacted: Council mulls impact fees with construction moratorium along U.S. 195 corridor set to end

Uniform, citywide fees floated as option
March 2, 2023
Virginia Thomas
The Spokane City Council has a matter of days to decide whether to adjust transportation impact fees before a moratorium on new construction in the Latah Valley area expires. The Council could raise the fee to 600% or more of the current level. It also
Read More

Federal incentives launched for starting retirement plans

Dollar-for-dollar tax credit included in spending bill
February 16, 2023
Clay Randall
Congress waited until the last minute, Dec. 29, 2022, to pass the comprehensive Consolidated Appropriations Act of 2023. While largely a spending bill, one of its components, the SECURE Act 2.0, is a far-reaching set of changes and additions to the
Read More
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