Seattle Promise is funded by the city of Seattle and Seattle Colleges. The program is jointly managed by the city of Seattle, Seattle Colleges, and Seattle Public Schools. These organizations are supported by Seattle's Levy Oversight Committee.
Funding Today and Beyond
For the 2018-19 academic year, the program is using both general funds and revenue from the city's Sweetened Beverage Tax as well as private donations from Seattle Colleges.
Beyond 2018-19 the program will include funds from the Families and Education Levy and private and public partnerships with Seattle Colleges' Foundation. The long-term goal is to create an endowment that would sustain the program when the education levy sunsets after its seven-year term.