During a recent government meeting, discussions centered around the upcoming budget and its implications for local residents. Community members expressed a desire to reinstate concerts in the park, emphasizing the importance of utilizing the newly renovated space.
Duane Moss, a resident, presented a detailed analysis of the city's financial situation, highlighting significant changes in tax policy since 2021. He noted that while many neighboring cities have decreased taxes, Woodway has consistently raised them, resulting in a substantial financial burden on residents. Moss pointed out that the city’s assessed property values have skyrocketed, with an increase of $135 million in the past year alone, marking a historic high of over $2 billion in total assessed value.
Moss cautioned that despite potential decreases in property values, residents should prepare for rising taxes, as the city’s tax structure allows for increases based on market value assessments. He urged city officials to consider these factors as they draft the new budget, advocating for a more equitable approach to taxation that reflects the financial realities faced by residents. The meeting underscored the community's concerns about fiscal policy and its direct impact on local quality of life.