July 8, 2025 2:13 am

The premier news source for Snohomish County

Lynnwood establishes boundary area for Tax Increment Finance Program

increment

LYNNWOOD—The Lynnwood City Council unanimously approved the boundary area for its Tax Increment Finance Program – a bold economic development program that hopes to fund three major capital projects generating at least $103 million in additional tax revenues, according to the City. The Tax Increment Fund will operate within a designated Tax Increment Area (TIA) […]

Lynnwood City Council to consider a $24 million bond for Tax Increment Area

lynnwood residency

LYNNWOOD—Lynnwood City Council will host a Business Meeting at 6 p.m., Tuesday, May 27, to possibly vote on establishing a Tax Increment Area to fund $24 million in public improvements, authorizes funding the WAORCA Diversion Program, and discuss updates to housing in the area. The Lynnwood City Council Work Session will be held in-person and […]

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