December 28, 2024 1:54 am

The premier news source for Snohomish County

Lynnwood City Council adopts $420 million biennial 2025-26 budget

LYNNWOOD—After weeks of discussion, the Lynnwood City Council on Monday, November 25, adopted the 2025-2026 Biennial Budget and 2025 Property Tax Levy. The adopted budget lays out the City’s estimates for revenue and expenses, with a $420 million biennial budget for all funds including $158 million general fund budget.

lynnwood budget
Lynnwood City Council. Lynnwood Times | Mario Lotmore

The City Council adopted a 2025 property tax levy of $7,200,001. Over the past several years, City Council has kept the property tax levy low to provide relief to property owners in the face of rising inflation and cost of living in our area.

The anticipated impact for average residential property owner is approximately $12 per month or $144 per year. Snohomish County offers Property Tax exemptions to help reduce the financial challenge for qualified property owners. Click here to learn more about this program. The City of Lynnwood and Snohomish County PUD also offer utility rate discounts and bill assistance.  

“With our rapid and planned growth, the City of Lynnwood is at a critical juncture. This biennial budget ensures that our city continues to thrive, creating the future Lynnwood our community members want to see,” said Mayor Christine Frizzell. “I want to thank our directors and employees who were instrumental in crafting this budget, our community members who provided their valued insight and feedback that shaped this budget, and the City Council for carefully reviewing this budget to ensure it reflects the needs of our community members and employees to operate effectively.”   

The adopted 2025-26 budget also addresses the effects of inflation and the overall cost of operating a city the size of Lynnwood, including increased fees for services, liability insurance, additional employees to address public safety concerns, maintaining and improving critical infrastructure, employee benefits, wage increases from collective bargaining agreements and addressing the substantial growth of the community that the City has envisioned and planned for decades.       

The budget secures funding for 27 full-time positions approved by the Council over the past two years, including multiple police officer positions funded through one-time American Rescue Plan Act (ARPA) and COPS grants, Parks Maintenance positions that address graffiti and vandalism on City property, and the City’s Human Services Coordinator position, which were all initially funded through ARPA grant funding.   

Additionally, Council approved funding and authorized the following new positions: Municipal Court Commissioner, three Municipal Court Clerks, Detention Lieutenant, three Custody Officers (to be hired in 2026), Information Technology Computer Support Specialist, and a Public Works Facilities Maintenance Worker.    

The adopted budget will go into effect on January 1, 2025, and will be available on our website in the near future. 


SOURCE: Lynnwood City Government

Leave a Reply

Your email address will not be published. Required fields are marked *

Tell Us What You Think

This poll is no longer accepting votes

If you are IAM member, will you vote to approve the October 19 tentative agreement with Boeing? Poll ends 11:59 p.m., Oct 22, 2024.
VoteResults

    Join Our Mailing List

    Verified by MonsterInsights