City council to hold public hearing Nov. 12 on proposed property tax increase - Lynnwood Today
The Lynnwood City Council is scheduled to hold a public hearing on November 12 to address a proposed property tax increase amounting to $6. 2 million, as part of the preliminary biennial budget for 2025-26. This tax hike is intended to bolster funding for critical local services, including public safety and infrastructure projects. Residents have expressed concerns regarding the potential financial burden this increase may impose on homeowners and renters alike. The council aims to ensure a transparent process by encouraging community participation in the hearing, allowing citizens to voice their opinions and concerns.
The proposed levy has significant implications for the city’s fiscal health and its ability to maintain essential services. Local officials emphasize the importance of public engagement in shaping budgetary decisions that affect the community. As the hearing approaches, many residents are urged to prepare their thoughts and questions. This public forum represents an opportunity for citizens to influence the future of Lynnwood’s taxation and funding strategies.