More levy talk for council Generating revenue, determining a dollar amount focus of Thursday meeting
Edmonds Mayor Mike Rosen proposed a $19. 3 million levy lid lift to address an $8 million budget deficit projected for 2026. During a special council meeting, officials discussed various scenarios for the levy, particularly focusing on a proposal that aligns with community priorities and comparative spending data from similar cities. Councilmembers raised questions about the revenue generation estimates, especially the difference between Rosen's $5 million and the $9 million suggested by the Keep Edmonds Vibrant group. Rosen expressed doubts about the feasibility of certain revenue sources, such as the projected income from residential parking passes and traffic cameras.
The discussion also highlighted the city's reserve fund policies, with some council members advocating for temporary adjustments to reserve levels to ease immediate budget pressures. This dialogue is crucial as it could determine the city's ability to maintain essential services and financial stability. The outcome of these discussions will significantly impact Edmonds' fiscal future and community services. Council members are expected to continue evaluating these proposals and their implications in future meetings.