LYNNWOOD—New single-family home construction will jump at least $9,652 (minimum of $72,114 for multi-family dwellings) for one-time water and sewer connection fees for a homeowner or developer in Lynnwood, along with a 15% property tax rate increase and a 67% utility tax increase for existing residents following approvals by the Lynnwood City Council at its Monday, November 24th Business meeting.

Finance Director Michelle Meyer told the council that even with the approved levy increase and previously adopted utility-tax and fee adjustments, the city remains roughly $5 million short of closing the 2026 gap under current revenue forecasts. Additional cuts or new revenue sources may be required next year if sales tax and development-related revenues do not rebound, she added.

The Council is

See Full Page