Rosen presents his mid-biennium budget proposal, touching on levy lift and city account structure
During a presentation at the Edmonds Waterfront Center, Mayor Mike Rosen unveiled his mid-biennium budget proposal, focusing on aligning the budget with community priorities. He explained how historical financial decisions, such as limiting property tax increases and rejecting income taxes, have led to increased dependency on property taxes. Rosen proposed strategies including budgeting by priorities, implementing biennial budgets, and enhancing transparency to stabilize city finances. He stressed that the budget proposal will be accessible to the public online, along with a video of the presentation. The City Council is set to review the proposal, allowing for deliberations and amendments.
The mayor highlighted the importance of engaging the community in equitable ways throughout the process. This budget aims to address past financial challenges and build a sustainable future for Edmonds. The mid-biennium proposal serves as a critical step toward financial stability and improved city services.