Tuesday, September 05, 2006

Info about Lakewood taxes and the economy

Two documents were in the weekend City Council packet that might be worth a look if you'd like detailed info about Lakewood taxes and the economy.Both documents are in an annual report that is prepared for financial reporting purposes.

First, here's a breakdown of who collects what from your property taxes in Lakewood. It's worth noting - because I think a lot of folks miss this point - that the city is responsible for 10.5 percent of your property tax bill.

There's also a comparison of what you would pay if you lived within unincorporated Pierce County.

http://walterneary.net/documents/PropertyTaxBill06.pdf

(The report is on oatmeal-colored paper; I apologize for the quality of my scan)

Second, the Certified Annual Financial Report contains some interesting reflections on economic development within Lakewood. It can update you about both specifics and general philosophy.

http://walterneary.net/documents/LakewoodCAFR06.pdf

Tonight's council meeting will likely include long discussions about two important issues: our first contract with the police department union (you'll recall we previously contracted with the sheriff for police protection), and land use proposals that could affect plans to put a prison on the grounds of Western State Hospital. Stay tuned.

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