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Lake Forest Park council signals support for six‑year levy lid lift; staff asked to draft 24¢, 26¢ and 28¢ options
Summary
Lake Forest Park City Council on June 26 directed staff to prepare ballot-resolution drafts for a six‑year multiyear levy lid lift and indicated majority support for a 24¢ per $1,000 assessed value option.
Lake Forest Park City Council on June 26, 2025 held an extended policy discussion over a proposed six‑year multiyear levy lid lift and directed staff to prepare ballot resolution drafts showing three options — 24¢, 26¢ and 28¢ per $1,000 of assessed value — with a majority of councilors indicating support for the 24¢ option.
The item, presented as Resolution 25‑20‑21 in the agenda, would authorize the city to levy property taxes in excess of state limits under chapter 84.55 RCW for up to six years beginning in 2026 if voters approve a proposition. City Administrator Hill and Finance Director Vaughn walked council through a spreadsheet showing the general‑fund projections, the biennial budget through 2032 and how different levy rates would affect the running fund balance.
Vaughn explained the mechanics: the packet used a 2025 median assessed…
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