King County Homelessness Program's Fate Unclear Amid Financial Problems

The King County Regional Homelessness Authority faces a $45 million budget deficit, prompting the county council to demand a corrective plan. A forensic evaluation revealed severe financial mismanagement, including negative cash balances and unreconciled receivables.

- The council approved a motion for Executive Girmay Zahilay to create a plan by August 1. - A forensic audit found a $44.7 million negative cash position as of July 31, 2025.

- Homelessness in King County increased 26% from 2022 to 2024, with 16,868 individuals affected. - The county and city of Seattle are increasing fiscal oversight of the authority.

The council will decide on terminating the interlocal agreement, which could dissolve the authority within 12 months.