How bad is Lynnwood's financial picture?

Lynnwood’s budget problems are bleak, according to an accountant hired by the police union to review the city’s books. “This is the worst financial statement I’ve ever seen,” Timothy Reilly told the City Council last week. “I was employed by the city of Vallejo when they filed bankruptcy; they were not as bad as this.”…

How bad is Lynnwood’s financial picture?

Lynnwood’s budget problems are bleak, according to an accountant hired by the police union to review the city’s books. “This is the worst financial statement I’ve ever seen,” Timothy Reilly told the City Council last week. “I was employed by the city of Vallejo when they filed bankruptcy; they were not as bad as this.”…

$20 car tab tax could be decided Monday night

Earlier this week the Lynnwood City Council approved new utility taxes to help ward off a budget shortfall of up to $4.8 million. Now it appears council members also will approve a new vehicle registration tax. Monday night the City Council will take public comment on the creation of a Transportation Benefit District (TBD) that…

Lynnwood City Council approves new utility taxes

The Lynnwood City Council has approved new utility taxes to help bridge a potential $4.8 million budget gap. Starting July 1, the new 4 percent tax will be levied on companies that provide electricity, water, gas and sewer services. Whether or not those companies will pass on the tax to consumers remains to be seen…

Lynnwood City Council considering a tax increase to ease budget strain

The Lynnwood City Council is considering raising certain taxes to help deal with a  large budget shortfall. (Last month a consultant projected the city could be up to $4.8 million in the hole.) One of the ideas would create a 4% utility tax. This could affect your sewer, water, gas and electricity bills and is…

Edmonds School District budget meeting coming to Lynnwood

If you have a question or comment about the Edmonds School District’s budget shortfall, now’s the time to speak up. A community budget meeting is scheduled for 4 p.m. this Wednesday, April 14, at the Lynnwood High School theater. Like most districts around the state, ESD is cutting back in order to balance its operating…

Edmonds School District facing budget shortfall

The Edmonds School District is trying to find ways to trim millions of dollars from its budget. Like all districts across the state, Edmonds is facing a budget gap, due in part to cuts in state education spending. While it’s still too early to know the exact figure, Superintendent Nick Brossoit estimates it will be…

Lynnwood finance director calls it quits

The Lynnwood finance director has resigned from his post, less than a week after walking out during a heated City Council meeting. The Everett Herald reports John Moir submitted his resignation letter to Mayor Don Gough.