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Lynnwood CC discusses extending TBD sales tax another 10 years to fund transportation projects
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Lynnwood CC discusses extending TBD sales tax another 10 years to fund transportation projects
LYNNWOOD—Lynnwood City Council discussed renewing its Transportation Benefit District (TBD) sales tax, which will be used to fund some major transportation for the next 10 years if approved, at its Work Session on Monday, May 18. The Lynnwood TBD receives 0.1% sales tax within the City, but this tax is set to expire March 31st, 2027. City staff are proposing council renew this tax for an additional 10 years. This tax currently generates $3.2 mil…
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