Budget and Strategic Planning

We support the Mayor, City Council, and Departments by creating each biennial budget and by guiding day-to-day decision making. The Strategic Plan shows how City resources can direct us towards achieving the community's most-important goals. The adopted budget allocates funds to pay for high-priority services, programs, and projects. Each month, our detailed reports track how revenues and expenses compare to the adopted budget.

 We focus on achieving fiscal sustainability through:

  • Priority-based budgeting and strategic thinking
  • Regular analysis of financial performance
  • Assessment of City services
  • Achieving adopted financial policies(PDF, 729KB)

Our team provides professional support to the City Council Finance Committee to advance the City’s financial well-being. This work ensures that Lynnwood remains accessible, responsive and accountable.

The Government Finance Officers Association (GFOA) has granted its Distinguished Budget Presentation Award to the City of Lynnwood consecutively since 2017. GFOA presents this award to governments whose budget documents meet the GFOA's criteria as an effective policy document, a financial plan, an operations guide, and a communication device. This award signifies that Lynnwood is meeting the highest principles of government budgeting. 

The 2021-2022 Biennial Budget is underway.  Below are special dates to keep in mind and a link to the Calendar for the biennial budget. 

If you have any questions please feel free to call or email Senior Manager, Strategic Planning Corbitt Loch at 425-670-5406.

2020 Planning Calendar for the 2021-2022 Biennial Budget(PDF, 131KB)

September 28, 2020  7:00 pm

Public hearing on community priorities for the 2021-2022 Budget

City Council Chambers

19100 44th Ave W

Lynnwood, WA  98036

Note:  Date, time, and location subject to change.

 

October 12, 2020  7:00 pm

Presentation of Mayor Smith’s Proposed Budget for 2021-2022

City Council Chambers

19100 44th Ave W

Lynnwood, WA  98036

Note:  Date, time, and location subject to change.

 

November 9, 2020  7:00 pm

Public hearing on Proposed Budget for 2021-2022

City Council Chambers

19100 44th Ave W

Lynnwood, WA  98036

Note:  Date, time, and location subject to change.

 

The biennial budget matches the City’s strategic priorities. Our spending decisions achieve community-based goals. The biennium runs January 1 of the odd number year through December 31 of the even number year.

During the biennium the City considers budget amendments to address emerging issues. The City Council adopts the budgets and any amendments to the budget.

2019-2020 Adopted Budget Book(PDF, 8MB)

    Ordinance 3315 Adopting 2019-2020 Budget 11/26/2018(PDF, 2MB)

    Ordinance 3341 Budget Amendment 8/12/2019(PDF, 3MB)

    Ordinance 3349 Mid-Biennial Budget Amendment 11/25/2019(PDF, 236KB)

2017-2018 Adopted Budget Book(PDF, 16MB)

   Ordinance 3238 Adopting 2017-2018 Budget 11/28/2016(PDF, 522KB)

   Ordinance 3263 Budget Amendments 6/12/2017(PDF, 712KB)

   Ordinance 3278 Mid-Biennial Budgets Modifications 11/17/2017(PDF, 916KB)

   Ordinance 3289 Budget Amendments 3/12/2018(PDF, 356KB)

   Ordinance 3300 Budget Amendments 5/14/2018(PDF, 780KB) 

   Ordinance 3320 Budget Amendments 12/10/2018(PDF, 4MB)

 

The Capital Facilities Plan (CFP) is a planning document used to coordinate the scheduling and funding for major city projects. Each CFP covers the next 6 year period. The CFP serves as an important tool. It's used to insure that the City's Capital Facilities are maintained or developed as needed.

2019-2024 CFP(PDF, 2MB)

2017-2022 CFP(PDF, 961KB)

2016-2021 CFP(PDF, 723KB)

2015-2020 CFP(PDF, 2MB)

Please be patient with us, we are working hard to bring you new and improved reports for our open financial data.

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Ever wonder where the City spends the money? How much do we pay our employees? Who are our vendors that we pay?
 
This interactive website provides detailed information of City revenues and expenditures budget to actual. We invite you to view the information.
 
Information is available for a full budget year, or for individual transactions. Updates are done weekly to the Financial data. This information is pulled directly from our financial software program (Munis).

City of Lynnwood Finance staff and the Finance Committee publish the Financial Policies. This is necessary to protect the public's health, safety, and welfare. The safekeeping, proper use and management of public resources are our primary purpose.
 
Below are organizations used to set standards and best practices for these policies:
  • The Internal Revenue Service (IRS)
  • State Legislature
  • State Auditor's Office (SAO)
  • Department of Revenue (DOR)
  • Government Financial Officers Association (GFOA)
  • Government Accounting Standards Board (GASB)
  • Lynnwood Municipal Code (LMC). 
 
Budget staff prepare and present monthly and quarterly reports to the Finance Committee. Quarterly reports are also presented to the City Council.
 
The monthly report consists of the following:
  • General Fund budget to actual revenues and expenditures by department
  • Monthly Cash and Investment reconciliation
  • Investment Report
  • REET I & II Funds
  • EDIF Fund
  • Other financial data
The quarterly report consists of the above and:
  • Summary of all funds revenues and expenditures
  • Water/Sewer/Storm Fund budget to actual revenues and expenditures

To request the monthly reports you can Email the Finance Budget Supervisor.

1st Quarter Ending 3/31/2020 Financial Report(PDF, 2MB)

 4th Quarter Ending 12/31/2019 Financial Report(PDF, 2MB)

3rd Quarter Ending 9/30/2019 Financial Report(PDF, 2MB)  

2nd Quarter Ending 6/30/2019 Financial Report(PDF, 860KB)

1st Quarter Ending 3/31/2019 Financial Report(PDF, 875KB)

4th Quarter Ending 12/31/2018 Financial Report(PDF, 946KB)

3rd Quarter Ending 9/30/2018 Financial Report(PDF, 9MB)

2nd Quarter Ending 6/30/2018 Financial Report(PDF, 2MB)

1st Quarter Ending 3/31/2018 Financial Report(PDF, 7MB)

Where should the City focus its resources? Which municipal services and projects are the most important? How can our limited funds achieve the most good?
Our strategic planning helps to answer these tough questions so that all work groups support our goals. Our strategic thinking helps us stay both focused and nimble when dealing with new challenges and opportunities.
The Lynnwood Community Vision was developed by a group of Lynnwood residents and it helps define our mission and values.

The Lynnwood Community Vision states that The City of Lynnwood will be a regional model for a sustainable, vibrant community with engaged citizens and an accountable government. 

To read the full vision statement, visit Visioning Lynnwood.

Lynnwood's Strategic Plan(PDF, 2MB) identifies our five highest priorities for near-term years:

  1. Fulfill the community vision for the City Center and Lynnwood Link light rail.
  2. Ensure financial stability and economic success.
  3. Nurture operational and organizational excellence.
  4. Be a safe, welcoming, and livable city.
  5. Pursue and maintain collaborative relationships and partnerships.

 Have a suggestion or idea?  Email our Strategist with your thoughts!