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Lakewood council adopts 2026 property tax levy, mid‑biennial budget amendment and fee schedule

Lakewood City Council · November 18, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

On Nov. 17, 2025 the Lakewood City Council adopted Ordinance 8‑39 setting the 2026 property tax levy and approved a mid‑biennial budget amendment (Ordinance 8‑40) plus Resolution 2025‑14 updating the city fee schedule. Staff said the 1% levy option raises the average homeowner about $9.55 annually.

Lakewood — The Lakewood City Council on Nov. 17 adopted Ordinance 8‑39, which sets the city’s 2026 property tax levy, and approved a mid‑biennial budget amendment and an updated fee schedule.

Deputy City Manager Todd Krause reviewed packet figures during the regular agenda presentation, noting the 2025 final levy was about $8,078,699 and staff showed a recommended option and supporting calculations for a 1% increase. Krause told the council: "The impact to the average homeowner under the 1% property tax increase is $9.55." He explained the calculation lines in the packet — including…

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