Lynnwood finance director presents 2025 mid‑biennial budget calendar; flags November property‑tax deadline

Finance Director Michelle Meyer told the Lynnwood City Council on Jan. 21 that the city needs to adopt a calendar for the 2025 mid‑biennial budget review and align any budget amendments with the county’s property‑tax levy submission deadlines.

“In accordance with our Lynnwood Municipal Code, council has to take action by the end of January to adopt a calendar for this year’s mid‑biennial review process,” Meyer said during the work session. She also told the council the mid‑biennial review is a state statute requirement and that the property‑tax levy must be submitted to the county by the end of November.

Meyer walked council members through a shortened calendar that starts with calendar approval and continues with finance committee meetings and public hearings for any proposed amendments and the property‑tax levy. She said the finance committee plans to meet on the fourth Wednesday of each month, with a few exceptions when conflicts occur, and that a draft in the packet included a date formatting error she would correct.

Council members asked no substantive questions on the calendar; Meyer said corrected dates will appear in the packet next week. The resolution to adopt the 2025 finance committee meeting calendar (item 6c) was presented for discussion and will appear on a future regular agenda for formal action.

Provenance: Finance Director Michelle Meyer's presentation and the finance committee schedule were discussed in the portion of the transcript beginning with Meyer’s appearance and ending with presentation of item 6c.