2019 Top 10 – No. 10
MEDICAL LAKE — The City Council approved an update to the city’s Comprehensive Plan that will help guide its direction for the next decade in October, while also approving a 5 percent property tax increase.
The first, a 4 percent tax increase, tapped into the city’s available 8.04 percent “banked levy capacity” — tax increases the city had opted not to use since 1985 that allows it to raise taxes beyond the state’s 1 percent per-year levy cap limit.
The increase will add an additional $22,256 to city’s estimated $5.1 million 2020 budget, according to city officials.
The city would have gained...
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