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Lake Stevens council debates consultant-led financial review and citizen task force to update city model
Summary
Councilmembers discussed hiring consultants for a phased financial-model update and forming a citizen task force; staff proposed a three‑month deep dive (phase 1) at $30,000–$40,000 and an all‑in model update near $100,000–$120,000, prompting debate over in‑house capacity, software and staffing.
City staff proposed a phased approach to update Lake Stevens' financial model and to create a citizen financial task force to aid in public education and potential future revenue initiatives.
Jean (city staff) told the council the recommended Phase 1 would perform a three‑month 'deep dive' into city finances to establish a baseline and verify internal accounting; consultants estimated Phase 1 at roughly $30,000–$40,000, with a full modernization (phases 2 and 3) and long‑term modeling rising to an estimated $100,000–$120,000 all in.
Why it matters: Councilmembers said they want reliable, repeatable forecasting tools as the city grows and faces…
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