Thinking about your future tax bill? Try our updated calculator
Edmonds taxpayers brace for a potential property tax increase in 2026, largely due to the new Regional Fire Authority and an anticipated levy lid lift. The city is addressing a $13 million budget shortfall, leading to proposals for budget cuts and new revenue streams. Tax increase estimates range from $6 million to $19. 5 million, reflecting differing opinions on the financial needs of the city. Public forums are scheduled to enable residents to express their thoughts on these fiscal changes.
My Edmonds News has reconfigured its tax calculator to assist taxpayers in understanding how their bills may change in 2026. Users can enter their 2025 assessed value and see projected tax impacts, with a focus on changes associated with the RFA and levy lift. The calculator does not account for exemptions for seniors and low-income taxpayers, which could further shift the tax burden. These discussions highlight the ongoing financial challenges facing the city and the importance of community engagement in shaping local fiscal policies.