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City staff recommend holding 2026 property tax increase to 0%; council to consider levy ordinance in November
Summary
Finance staff reported Oct. 7 that major revenue sources (sales tax, permit activity, REET and state-shared revenue) are stable. Staff presented options for 2026 property-tax levy setting: the statutory 1% default, a 0% option, or using a portion of banked capacity; council will receive a formal levy ordinance next month.
City finance staff reported to the Liberty Lake City Council on Oct. 7 that major local revenue streams are stable heading into 2026, and that staff will bring a formal property‑tax levy ordinance to the council next month for consideration.
Finance director Kyle (city staff) said sales and use tax collections have remained strong and that building permit and real‑estate activity continue at levels that support steady revenue expectations for 2026. Staff estimated that the city’s major discretionary revenue sources remain stable and recommended…
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