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Council approves mid‑biennial budget adjustments, property tax levies and building acquisition financing
Summary
Council accepted Q3 financials showing modest revenue gains, approved mid‑biennial adjustments tied to a recent building purchase (9655 SE 36th St.), and adopted property tax levy ordinances and a NORCOM dispatch allocation for 2026.
The Mercer Island City Council on Nov. 18 adopted a set of mid‑biennial budget adjustments and related ordinances after a finance presentation that showed general‑fund revenues at about 72% of budget through Q3 and net revenues roughly $300,000 above the prior year.
Finance Director Matt Morning told the council that sales‑tax and business‑and‑occupation receipts have improved, and parks and recreation rental revenue is up roughly $400,000 through Q3. He also noted that…
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