The Lake Forest Park City Council faced a pivotal moment on November 30, 2012, as it addressed Mayor Mary Jane Goss's veto of a proposed property tax increase. In a special meeting, the council voted to adopt a 1% regular property tax increase, reflecting a compromise after the veto override failed. Mayor Goss's original budget suggested only a 1% increase, equating to $28,195, but the council opted for a larger increase of over 2%, totaling $58,312, utilizing the city's "banked" property tax capacity. The failure of the veto override, which required five votes to pass, showcased the council's internal divisions, with only two members supporting the override. Those in favor included Deputy Mayor Catherine Stanford and Council Budget Committee Chair, while four members voted against it.

The final approval of the 1% increase was passed with a 5 to 1 vote, demonstrating a significant decision in local governance. This situation reflects broader themes of fiscal management and political dynamics within the Lake Forest Park community. The council's actions have implications for local residents, affecting their property taxes and community funding.