On the agenda: Lakewood July 13, 2026 — Flock Safety (Jul 13)

LAKEWOOD CITY COUNCIL
STUDY SESSION AGENDA
Monday, July 13, 2026
7:00 P.M.
City of Lakewood
Council Chambers
6000 Main Street SW
Lakewood, WA 98499
Residents can virtually attend City Council
meetings by watching them live on the city’s
YouTube channel:
https://www.youtube.com/user/cityoflakewoodwa
Those who do not have access to YouTube can call
in to listen by telephone via Zoom: Dial +1(253) 2158782 and enter meeting ID: 868 7263 2373
________________________________________________________________
Page No. 1

CALL TO ORDER
ITEMS FOR DISCUSSION:
(4)

1.

Joint Lodging Tax Advisory Committee meeting. – (Memorandum)

(10)

2.

Joint Parks and Recreation Advisory Board meeting.
– (Memorandum)

(13)

3.

2026 Utility Signal Box Wrap Project Update. – (Memorandum)

(40)

4.

Review of 1st Quarter (2026) Financial Report. – (Memorandum)

(182)

5.

Review of Resolution of intent regarding the Unified Regional
Approach to Homelessness (URA). – (Memorandum)

Persons requesting special accommodations or language interpreters should contact the
City Clerk, 253-983-7705, as soon as possible in advance of the Council meeting so that an
attempt to provide the special accommodations can be made.

http://www.cityoflakewood.us

Lakewood City Council Agenda

-2-

July 13, 2026

ITEMS TENTATIVELY SCHEDULED FOR THE MONDAY, JULY 20, 2026
REGULAR CITY COUNCIL MEETING AND STUDY SESSION:
1.

Authorizing the execution of an addendum to the agreement
with Olson Brothers Pro-Vac for surface water cleaning and
inspection services. – (Motion – Consent Agenda)

2.

Authorizing the execution of an agreement with Pierce
County for on-call building inspection services. – (Motion –
Consent Agenda)

3.

Accepting a grant from the Defense Community
Compatibility Account (DCCA), in the amount of $873,000, for
the North Clear Zone Project demolition of the Tactical Tailor
building. – (Motion – Consent Agenda)

4.

Authorizing the execution of an agreement for the
replacement of a section of the roof at Lakewood City Hall.
– (Motion – Consent Agenda)

5.

Authorizing the execution of an amendment to the
agreement with McDonald Miller. – (Motion – Consent
Agenda)

6.

Authorizing the execution of an amendment to the
agreement with Graham Baba Architects for redesign,
costing and schedule extension for the H-Barn project. –
(Motion – Consent Agenda)

7.

Accepting a grant from the Office of Public Defense, in the
amount of $5,000, for public defense services. – (Motion –
Consent Agenda)

8.

Expressing intent and commitment to work with other Pierce
County governments to launch a Unified Regional Approach
to Homelessness (URA); direct the City Manager to work
collaboratively with other Pierce County governments to
develop an interlocal agreement; and to make progress in
addressing homelessness by taking certain actions while

Persons requesting special accommodations or language interpreters should
contact the City Clerk, 253-983-7705, as soon as possible in advance of the Council
meeting so that an attempt to provide the special accommodations can be made.

http://www.cityoflakewood.us

Lakewood City Council Agenda

-3-

July 13, 2026

agreement(s) are in development. – (Resolution – Regular
Agenda)
9.

Review of 2nd Quarter (2026) Police Report. – (Items for
Discussion – Regular Agenda)

10.

Review of Automated Traffic Safety Camera Program. – (Items
for Discussion – Regular Agenda)

11.

Downtown Transportation Feasibility Study: Status Update &
Preliminary Alternative. – (Items for Discussion – Regular
Agenda)

REPORTS BY THE CITY MANAGER
CITY COUNCIL COMMENTS
ADJOURNMENT

Persons requesting special accommodations or language interpreters should
contact the City Clerk, 253-983-7705, as soon as possible in advance of the Council
meeting so that an attempt to provide the special accommodations can be made.

http://www.cityoflakewood.us

Return to Agenda

To:

Mayor and City Councilmembers

From:

Tho Kraus, Deputy City Manager/Chief Financial Officer

Through:

Doug Russell, City Manager

Date:

July 13, 2026

Subject:

Joint Lodging Tax Advisory Committee Meeting

Overview
As authorized under state law, the City of Lakewood has enacted a lodging tax. The City receives a
7% share of the taxes collected by Washington State from lodging-related businesses located within
the City. The 7% breaks down into 4% which can be used for tourism promotion, or the acquisition
and operation of tourism-related facilities. The additional 3% is restricted to the acquisition,
construction, expansion, marketing, management, and financing of convention facilities, and
facilities necessary to support major tourism destination attractions that serve a minimum of one
million visitors per year.
This memo discusses the City’s Lodging Tax Advisory Committee (LTAC), the estimated funds
available, how the funds may be used and the upcoming 2027 grant allocation process.
Lodging Tax Advisory Committee
If a city collects lodging tax, state law requires the formation of a Lodging Tax Advisory Committee
(LTAC). The committee must have at least five (5) members, each member must be appointed by
the City Council and the committee membership must be comprised of the following:


At least two members of the committee must represent businesses required to collect the
tax; and



At least two members of the committee must represent entities who are involved in activities
authorized to be funded by the tax; and



One elected official of the City, who serves as chairperson of the committee.

There is no maximum number of participants on the LTAC; however, there must be equal members
representing businesses authorized to collect and entities authorized to receive funding. Mayor Paul
Bocchi currently serves as Chair. Other committee members include:
Represent Businesses Authorized to Collect
Jarnail Singh, Comfort Inn & Suites
Alana Ball, Best Western Lakewood
Represent Businesses Authorized to Receive *
Linda K. Smith, Lakewood Chamber of Commerce
Dean Burke, Visit Tacoma – Pierce County
*Per Lakewood Municipal Code (LMC) 3.36.055, the appointing authority shall review the membership of
the Advisory Committee annually and make changes as appropriate. Therefore, the term is considered at
will and the appointment is subject to termination by Council if necessary to maintain the balance
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required by law; i.e. At least two members who are representatives of businesses required to collect tax
under this chapter; and b. At least two members who are persons involved in activities authorized to be
funded by revenue received under this chapter.

One role of the LTAC is to make recommendations to the City Council in regard to how the taxes are
to be used. All applicants for awards of lodging tax must apply to the City through the LTAC.
The LTAC receives all applications for lodging tax revenue and recommends a list of candidates and
funding levels to the City council for final determination. By state law, the City Council may choose
only recipients from the list of candidates and recommended amounts provided by the LTAC. An
August 2016 informal opinion from the Attorney General’s Office interpreted this to mean that the
legislative body may award amounts different from the LTAC’s recommended amounts, but only
after satisfying the procedural requirements which requires that the City submit its proposed
change(s) to the LTAC for review and comment at least 45 days before final action is taken.
The objective of the LTAC process is to support projects which encourage eligible tourism and
cultural activities that support tourism in Lakewood. The members of the committee will carefully
consider each request based on the following criteria: funds available; past performance; ability to
attract tourism, particularly from outside the 50-mile radius; strength of the applications; and the
City’s desire to retain dollars for future capital project(s).
The general LTAC annual work plan is as follows:
Jul:

Joint LTAC meeting to review guidelines, past grants awarded and potential funding
for the following year’s grant allocation.

Sep:

Listen to applicant presentations and make funding recommendations.

Nov:

Present recommendations to the City Council.

Grant Awards Process, Estimated Available Funds and Reporting Requirements
Grant Application Process
Any organization, including businesses and the City, can use the funds to advertise and promote
tourism through the media. The promotion must be designed to attract tourists to Lakewood with
the goal of increasing the number of overnight stays in lodging facilities located within the City.
Capital projects funding is limited to those under City ownership.
2026 LTAC Application Schedule for 2027 Grant Awards (subject to change):
• Monday, July 27, 2026

Application period opens (available on the City's Finance webpage).

• Friday, August 14, 2026

Notification of intent to apply and method of submittal.

• Monday, August 17, 2026

Applications due by 5:00pm.

• Monday, September 7, 2026

Application packet compiled and submitted to LTAC.

• Friday, September 18, 2026

Applicant presentations to LTAC & LTAC makes funding recommendations.

• Monday, November 9, 2026

LTAC Funding recommendations presented to the City Council for consideration.

• Monday, November 16, 2026 City Council approves 2027 LTAC Grant Awards
• January 2027

Contracts issued for FY2027 LTAC grant awards.

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Estimated Available Funds
The City estimates the 2026 projected revenue amount to be $1,351,250 and the estimated ending
fund balance to be $2,413,749 on December 31, 2026.
In 2007, the City entered into an agreement with Clover Park Technical College to contribute 11% of
the construction costs for the McGavick Center. The contribution is in equal installments of $101,850
over 20 years (last installment is June 2026). In return for the contribution, the City has use of the
center for 18 days per year for a 30-year period to be used for tourism-related activities. The City’s
practice has been to use the available restricted funds for this commitment.
The available balance for 2027 grant allocation, net of the required McGavick Center contribution is
$2,311,899.

4%

Restrictions on Use
3% (Restricted)

Reserved for tourism,
promotion, acquisition of
Reserved for acquisition,
tourism related facilities, or
construction, expansion,
operation of tourism related marketing, and management of
facilities.
convention facilities.
Total
$869,806
$1,543,943
$2,413,749
$0
($101,850)
($101,850)

Total Estimated Funding Available
for 2027 Grant Awards
Estimated Ending Balance, 12/31/2026
Less Required for CPTC McGavick Center
Total

$869,806

$1,442,093

$2,311,899

Note: The 3% is restricted to capital; however, the 4% is not restricted and may be used for capital
as well.

Sources & Uses - 5 Year History
2022 Actual

Revenues
4% Revenue:
Special Hotel/Motel Tax (2%)
Transient Rental Income Tax (2%)

Tourism/Promotion
Capital
Total Expenditures
Beginning Balance
Ending Balance

2024 Actual

2025 Actual

2026 Estimate

$ 400,024
400,029
800,053

$ 368,797
371,775
740,572

385,539
389,426
774,965

375,342
372,078
747,420

363,214
363,216
726,430

600,036
600,036

553,196
553,196

578,308
578,308

563,013
563,013

544,820
544,820

$

38,681
1,438,770 $

138,869
1,432,637

162,928
1,516,201

139,944
1,450,377

80,000
1,351,250

$

632,177
101,850
734,027 $

747,951
101,850
849,801

958,694
101,850
1,060,544

1,128,847
101,850
1,230,697

1,104,000
2,101,850
3,205,850

$ 2,305,432
$ 3,010,174
3,593,011
4,048,668
$ 3,010,174
$ 3,593,009
4,048,668
4,268,348
Estimated Ending Fund Balance from the 4% Unrestricted Revenue =>
Estimated Ending Fund Balance from the 3% Restricted (for Capital) Revenue =>

4,268,348
2,413,749
869,806
1,543,943

3% Revenue:
Special Hotel/Motel Tax (3%)

Interest Income
Total Revenues

2023 Actual

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Previous Grant Awards
The following table provides a 6-year history of grant awards.

Lodging Tax Grant Award History (2022-2026)
Applicant

2026

2025

2024

2023

2022

Asian Pacific Cultural Center
CoL - Concert Series
CoL - Farmers Market
CoL - Lakewood Film Festival, REEL Life 96
CoL - Love Lakewood Festival Serices, First Saturday
CoL - Media Production/Imaging Promotion
CoL - SummerFEST
CoL - Saturday Street Festivals on Motor Avenue
CoL - Fiesta de la Familia
CoL - MLK Beloved Community
CoL - Gimhae Delegation Visit
Friends of Lakewold/Lakewold Gardens
Grave Concerns
Historic Fort Steilacoom Association
Lakes Cross Country Booster Club
Lakewood Arts Festival Assocation
Lakewood Chamber of Commerce - Night of Lights
Lakewood Chamber of Commerce - Memorial Day Concert
Lakewood Chamber of Commerce - Tourism
Lakewood Historical Society
Lakewood Playhouse
Lakewood Sister Cities Association - Gimhae
Lakewood Sister Cities Association - Internat'l Festival
Visit Tacoma-Pierce County
Total Non-Capital (4%)
CoL - Fort Steilacoom Park H-Bar Renovation
Total Capital (3%)

13,000
30,000
75,000
70,000
210,000
7,000
25,000
15,000
190,000
12,000
10,000
132,000
38,000
110,000
42,000
125,000
1,104,000
2,000,000
2,000,000

15,000
30,000
78,000
80,000
210,000
10,000
35,000
10,000
9,000
200,000
15,000
12,000
7,000
7,500
125,000
38,000
100,000
23,500
150,000
1,155,000
-

15,000
30,000
78,000
75,000
193,000
15,000
27,000
35,000
200,000
10,000
15,000
6,500
112,000
39,500
35,000
23,950
115,000
1,024,950
-

15,000
30,000
57,000
60,000
135,000
37,500
100,000
5,000
12,000
23,000
25,000
100,000
32,500
25,000
21,500
9,000
115,000
802,500
-

15,000
20,000
35,000
17,100
30,000
50,000
80,000
85,000
15,000
20,500
25,000
100,000
35,000
25,000
20,550
5,500
100,000
678,650
-

$ 3,104,000 $ 1,155,000 $ 1,024,950 $ 802,500 $ 678,650
CPTC McGavic Center (Committee, Annual Payment)

101,850

101,850

101,850

101,850

101,850

$ 3,205,850 $ 1,256,850 $ 1,126,800 $ 904,350 $ 780,500

Post-Funding Report:
JLARC (Joint Legislative Audit & Review Committee) requires post-funding reporting of predicted
and actual number of people who attended, and the method used to determine attendance for
various categories including: overall attendance; 50+ miles from their residence; out of state and out
of country; paid for overnight lodging; did not pay for overnight lodging; and number paid lodging
nights. All entities receiving lodging tax funds must provide this information to the City. The City will
then report this information annually to JLARC.
Although JLARC did not require post-funding reporting for the 2025 funding cycle, the City of
Lakewood requested this information from recipients to assist in evaluating program outcomes.
The information received is included as an attachment.

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City of Lakewood
Lodging Tax Funding Guideline
As Amended by the City Council on September 21, 2015
Background
The objective of the City of Lakewood Lodging Tax Advisory Committee process is to support
projects, which encourage eligible tourism and cultural activities and support tourism facilities in
Lakewood. The process is reviewed annually, and the guidelines are updated in accordance with
reported success of existing programs, potential for new programs and changes in state law. A
calendar for the application process will be established but will allow for emerging opportunities as
they arise.
Objectives for Hotel/Motel Tax Funds:


Generate increased tourism in Lakewood resulting in overnight stays at local hotels.



Generate maximum economic benefit through overnight lodging, sale of meals and goods,
and construction of tourism-related facilities.



Increase recognition of Lakewood throughout the region as a destination for tourism.



Increase opportunities for tourism by developing new visitor activities.

Allocation Guidelines:


The City shall seek proposals for funding on an annual basis from organizations seeking to
use Hotel/Motel Tax funds for promoting tourism or for acquisition, construction or operation
of tourism related facilities.



Organizations seeking funding must complete an application form.



The Lodging Tax Advisory Committee shall review the proposals and
recommendations to City Council as to which applications should receive funding.



The final funding decision will be made by City Council in the form of approval or denial of
the recommendation as recommended – no amendments to recommendations will be
made by the City Council.



Once approved for funding an organization must enter into a contract and funding will be
provided in quarterly installments or on a reimbursable basis.



Organizations receiving funding must submit a report at the end of the calendar year.



$101,850 will be paid annually to the Sharon McGavick Student Center through 2027 pursuant
to the City’s agreement with Clover Park Technical College.



4% - Can be used for tourism promotion, or the acquisition of tourism-related facilities, or
operation of tourism-related facilities.



3%- Can only be used for the acquisition, construction, expansion, marketing, management,
and financing of convention facilities, and facilities necessary to support major tourism
destination attractions that serve a minimum of one million visitors per year.

make

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City of Lakewood 2025 LTAC Awardees
(Reported to City of Lakewood, as JLARC report was not required for 2025)

Overall Attendance

50+ Miles

Activity Name

Type

Funds
Awarded

Asia Pacific Cultural
Center

Samoa Cultural Day

Event/
Festival

$

15,000

5,000

8,000

4,000

City of Lakewood

Farmers Market

$

78,000

60,000

60,000

City of Lakewood

Fiesta de la Familia

$

35,000

8,000

City of Lakewood

Summer Fest - KPOP

$

9,000

City of Lakewood

Nearcation - Media
Promotion

$

City of Lakewood

Saturday Street Festivals

City of Lakewood

MLK Beloved Community

City of Lakewood

Summer Nights at the
Pavilion Concerts

City of Lakewood

SummerFEST

Organization Name

Grave Concerns
Association
Historic Fort
Steilacoom Assn.
Lakes Cross Country
Booster Club

Dignity Completion
Project and ongoing
restoration activities
Ongoing marketing for
event and tour support
Fort Steilacoom Invite

Actual

Predicted

4,500

500

600

100

60

40

50

10

6

6,500

12,000

3,500

6,000

3,500

3,500

58,000

58,000

3,000

3,000

8,000

1,200

1,200

800

800

800

800

7,200

7,200

8,000

800

15

15

15

15

15

15

15

-

-

15

15

-

80,000

40,000

63,000

12,500

6,300

15

15

500

500

28,000

35,000

500

500

$

10,000

4,000

4,000

400

400

100

100

3,800

3,800

100

100

100

100

$

10,000

4,000

4,000

200

200

10

10

10

10

3,990

3,990

10

10

Event/
Festival

$

30,000

3,700

4,500

675

675

45

45

45

45

4,455

4,455

45

45

Event/
Festival

$

210,000

40,000

57,000

12,000

12,000

5,700

5,700

5,000

5,000

51,000

51,000

5,000

5,000

Event/
Festival

$

15,000

500

1,000

20

22

5

20

2

-

500

1,000

4

-

Marketing

$

12,000

700

725

45

51

50

75

5

5

695

720

5

5

Event/
Festival

$

7,000

8,000

8,000

2,000

2,000

150

150

500

500

7,500

7,500

125

125

$

200,000

1,000

20,067

1,200

5,000

600

3,200

100

200

10,000

13,000

150

300

$

125,000

12,000

10,000

9,500

8,000

3,000

2,000

10,000

8,000

4,000

2,500

25,000

19,000

$

7,500

3,000

2,250

50

50

50

50

75

50

100

80

125

75

$

38,000

750

866

10

32

15

12

5

10

10

15

5

10

$

100,000

4,400

4,849

70

131

30

98

50

151

4,400

4,716

100

150

$

23,500

7,000

9,000

800

1,000

350

450

50

50

6,950

8,950

80

80

$

150,000 602,834

849,182

431,159

610,947

239,183

228,019

113,042

150,093

425,945

112,384

124,444

181,694

1,114,454

482,344

664,523

254,118

247,359

137,599

172,774

612,885

310,675

166,718

210,900

Public Garden Open Year- Event/
Festival
Round
Lakewood Chamber of Tourism Promotion and
Marketing
Commerce
Marketing
Memorial Day Tribute
Lakewood Chamber of
Marketing
Concert at Mountain
Commerce
View Cemetery
Lakewood Historical Lakewood Historical
Facility
Society & Museum
Society & Museum
Season 86/87 Education
and Mainstage: Building
Marketing
Lakewood Playhouse
Community Through
Theare
Lakewood Sister Cities International Festival at
Event/
Festival
Association
Summerfest
Sports, Meetings/
Tacoma Regional CVB Conventions, and Leisure
Marketing
("Visit Tacoma-Pierce Sales & Marketing for
Lakewood and Pierce
County")
County
Lakewold Gardens

$ 1,155,000

804,899

Actual

Actual

Paid Lodging

Predicted

Event/
Festival
Event/
Festival

Predicted

Non - Overnight

Actual

Marketing

Actual

Overnight

Predicted

Event/
Festival
Event/
Festival
Event/
Festival

Predicted

Out of State

Predicted

9

Actual

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TO:

Mayor and City Council

FROM:

Roxanne Miles, Parks, Recreation & Community Services
Director

THROUGH:

Doug Russell, City Manager

DATE:

July 13, 2026

SUBJECT:

Joint Parks and Recreation Advisory Board Meeting

ATTACHMENTS:. Work Plan, Accomplishments and Status Report

Background
The purpose of this memorandum is to provide background on the memo
provided for the joint Parks & Recreation Advisory Board and City Council
study session scheduled for July 13, 2026.
Discussion
An annual work session is planned to update Council on the work of the
Advisory Council in advance of development and submission of the PRAB’s
2027 work plan. This submission covers the current work plan,
accomplishments to date, a status report on the remainder of the year, and
desires that the PRAB would like to share with City Council about areas of
interest to the Advisory Group. This annual session allows for the PRAB to
highlight its work, make recommendations to Council and to ensure
mutuality of the PRABs purpose and goals.
Next Steps
PRAB members and City Council members will utilize the work session
discussion to educate presentation and agreement on work plan items
during the formal adoption process.

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PARKS AND RECREATION ADVISORY BOARD
2026 WORK PLAN AND SIGNIFICANT ACCOMPLISHMENTS
Members:
Jason Gerwen, Chair
Vito Iacobazzi, Vice-Chair
Alan Billingsley
Annessa McClendon

Kate Read
Janet Spingath
Shelly Thiel

Council Liaison:
Ryan Pearson, Councilmember
Ellen Talbo, Councilmember
Youth Council Liaisons in attendance Jan-June 2026:
Zoe Clifford
Camila Robles Bermudez
Valeria Robles
Damian Cruz Guzman
City Staff Support:
Roxanne Miles, Director
Meeting Schedule:
4th Tuesday of each month, 5:30 p.m., American Lake Room,
Lakewood City Hall, 6000 Main St SW, Lakewood, WA 98499
Accomplishments:
Throughout 2025, the PRAB supported:
• Community meetings regarding Street Ends, educating on the priority
matrix.
• Development of the Legacy Plan work plan and community outreach
strategies
• Discussion on ‘adopt-a’ programs and volunteerism to benefit the City
and its residents.
• Review and recommendation regarding capital projects, such as
American Lake and Wards Lake Park improvements.
• Evolution of the H-Barn project with Partners for Parks
• Development of a 2026 work plan.
• Discussion on how parks and recreation can contribute to climate
change.

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The Adopted 2026 Work Plan:
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.

Nisqually Partnership Project Update (May)
Parks Capital Improvement Plan (CIP) Update – August w/Legacy Plan
Special Event Update (March)
Street End Project community outreach and design recommendation (May)
Climate Change initiatives and Urban Forestry Program Update (Feb)
Legacy Plan Update (April, August)
Senior Services Update (Nov)
Historic Preservation (H-barn, cemeteries, cottages, cultural resources) (Sept)
Code Changes as requested by Council – Pending / Parking (Sept)
Youth Council Update – (Oct)
Playground Replacement (w/ Legacy Plan/Capital – August)
Downtown Park Update (Oct)

Desires of the PRAB:
1) Understand role and assessment process for Street Ends
2) See the H-Barn project funded and developed
3) Broaden the department’s role in open space/urban forestry; acquire
properties that best fill service gaps
4) Ensure water safety and water quality through management practices at
waterfront parks; evaluate Edgewater and Camp Murray site
recommendations
5) Ensure proper maintenance resources to ensure safe and clean parks
6) Explore dedicated funding for parks maintenance, operations and capital (ie
Park Impact Fees, percentage of general fund/REET, park sales tax, parking)

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TO:

Mayor and City Council

FROM: Roxanne Miles, Parks, Recreation & Community Services Director
THROUGH: Doug Russell, City Manager
DATE: July 13, 2026
SUBJECT: 2026 Utility Signal Box Wrap Project Update
ATTACHMENTS: PowerPoint, showing 2026 signal box wrap designs

Summary: The City Arts Commission has selected locations and artwork to
wrap 13 city signal boxes at 7 locations in 2026. Wrapping of signal boxes
creates a visual statement of community pride across the City.
Background: Per the Public Art Program policy, The Lakewood Arts
Commission will approve artwork under $15,000 and City Council will be
briefed for concurrence prior to artwork being installed or construction
completed. Cost per signal box location is approximately $2,000.
For this series, a local art instructor hosted a show of young artists’ work and
a presentation of their art was made to the Arts Commission with their
permission. The Commission selected several pieces and aligned the works
with priority locations. As many were youth, the City is working with the Art
Instructor, Kellis Parlett, to make templates and create the wraps for
installation. The artwork that was selected will be seen by many types of
viewers (cyclists, pedestrians, and motorists), was deemed appropriate for
public viewing and fits well with the requirement to be digitized to fit the
measurement of the boxes. No age limit was listed to encourage student
participation. Commission members reviewed the submittals and art criteria
at the March meeting where they narrowed down the art after rounds of
scoring. A final list that includes alternates was generated. Staff then
reviewed the artwork with the print shop for digital compliance. One box
originally intended to be wrapped this cycle was removed from the list due to
signal box relocation due to construction.
13

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Current Status: The following signal box locations will be wrapped using art
selected at the March 2026 Arts Commission Meeting. The art is depicted in
the attached power point.

Prior Art & Locations:
#

Location

Artist

1

112th & Bridgeport

Sam Reed (Student)

2

88th & South Tacoma Way

River Meschi

3

96th & South Tacoma Way

Same Reed

4

Bridgeport & 100th

Susan Hall & Crystine Westphal

5

Bridgeport & 108th

Rosa Cruz

6

Bridgeport & Custer

Mauricio Robalino

7

Bridgeport & San Fran Ave

Rosa Cruz

8

Bridgeport & Steilacoom

Chuck Mathias

9

Gravelly Lake & Wildaire Rod

Susan Russell Hall

10

Gravelly Lake & 100th

Mauricio Robalino

11

Gravelly Lake & 112th

Mauricio Robalino

12

Gravelly Lake & Bridgeport

Rosa Cruz

13

Gravelly Lake & Main

Rosa Cruz

14

Gravelly Lake & Mt Tahoma

Mauricio Robalino

15

South Tacoma Way & 84th

Katie Dean

16

Steilacoom & Gravelly Lake

Laura Martinez

17

Steilacoom & Hageness

Juan Torres

18

Steilacoom & Lakeview Dr

Jose Orantes

19

Steilacoom & Lakewood Dr

Kelly Loney

20

Steilacoom & South Tacoma Way

River Meschi

21

Steilacoom Blvd & Custer Rd

Crystine Westphal

22

Steilacoom Blvd & Farwest Dr

Jennifer Chushcoff

23

Interstate 5 – Hwy 512

Rebecca Morgan (Off-Ramp-Bill Gibbs)
14

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24

South Tacoma Way & 100th

Adam Welch

25

100th St SW & 40th St SW

Bill Gibbs

26

100th St SW & Lakeview Ave SW

Taylor Keller

27

100th St SW & David Lane SW

Han Crimi

28

100th St SW & Lakewood Dr SW

Rodney King

29

Lakewood Dr SW & Bridgeport Way

Rich Reynolds

30

100th Street SW & 59th Ave SW

Holly Robin

31

Gravelly Lake Dr SW & Alfaretta

Laurie Davenport

32

Steilacoom Blvd & Ardmore

Crystine Westphal

2026 Art Locations:
33

87th & Steilacoom Blvd

Lena Chavarin & Clara Kalich

34

Steilacoom & 88th

Layla Kim & June Strader

35

Steilacoom & Phillips Rd

Kalliyanah Edwards & Crystal Chang

36

Steilacoom & Briggs

Khloe Lee, Amy Bang & Evalyn Kim

37

Steilacoom & Hipkins

Sujung Ha & Miae Tamanglo

38

Gravelly Lake & Veterans Drive

Abigail West

39

Bridgeport & Pacific Ave

June Strader & Brianna Chang

Note – Steilacoom & Weller removed from the list as the box location and size
changed after assessment.

15

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City of Lakewood
Arts Commission
Signal Box Art - 2026

Project support by Kellis Parlett
16

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• 87th & Steilacoom Blvd

17

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18

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19

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20

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th
Steilacoom and 88 , Double Box

21

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22

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23

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Steilacoom and Phillips Rd,
Double Box

24

Kalliyanah
Edwards –
“Tahoma” “Tides of
Washington” “Great Blue”

Return to Agenda

25

Return to Agenda

26

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Steilacoom and Briggs Rd,
Double Box
• Steilacoom and Briggs, Dbl
Box

27

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28

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29

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30

Steilacoom and Hipkins, Single Box

Return to Agenda

31

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32

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33

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Box in front of Lakewold Gardens
Gravelly Lake & Veterans Drive

34

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Bridgeport &
Pacific Ave

35

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36

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37

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38

Alternate:

Return to Agenda

May be used at
a future
location,
preferably near
a school

39

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To:

Mayor and City Councilmembers

From:

Tho Kraus, Deputy City Manager/Chief Financial Officer

Date:

July 13, 2026

Subject: Q1 2026 Financial Report
Introduction
The intent of the financial report is to provide an overview of activity in all funds through March 31, 2026. The
delay in issuance of this report is due to timing of state distributions of major revenues. Additionally,
performance measures and other data reporting are included at the end of this report.

Page In This Report
2 Consolidated Funds - General/Street O&M
5 Property Tax
6 Sales & Use Tax
12 Criminal Justice Sales Tax
13 Utility Tax
14 Gambling Tax
15 Admissions Tax
16 Franchise & Non-Compete Fees
17 State Shared Revenues
18 Photo Infraction - Red Light/School Zone Enforcement
20 Jail Services
21 Dispatch Services
22 Animal License & Animal Control Services
23 Alarm Permits & Fees
24 Opioid Abatement
27 Seizure Fund - Narcotics
27 Seizure Fund - Felony
28 Seizure Fund - Federal
29 Public Safety Grants
30 1/10th of 1% Sales Tax for Public Safety
31 Municipal Court Fines & Forfeitures, Filings and Finances
37 Business License
38 City Tree Fund
39 Development Services Permits & Fees
45 Cost Recovery - Development Services Permits & Fees
46 Property Abatement
53 Rental Housing Safety Program

Page In This Report
54 1406 Affordable Housing Program
57 Community Development Block Grant
72 Neighborhood Stabilization Program
73 South Sound Military Partnership
74 American Rescue Plan Act (ARPA)
81 Park Sales Tax
82 Cost Recovery - Parks Recreation
83 Farmers Market Financial & Metrics
84 Human Services Program
85 Property Management
86 Capital Projects - Parks
87 Real Estate Excise Tax
91 Transportation Benefit District
95 Capital Projects - Transportation
96 Capital Projects - Sewer
97 Surface Water Management
98 Lodging Tax
100 Fleet & Equipment Fund
100 Information Technology Fund
102 Risk Management Fund
103 Debt Service & Compensated Absences
105 Cash & Investments
105 By Fund Summary
106 Financial Statements by Fund
124 Building Permit Activity Report
126 MyLakewood311 Data Report
128 Performance Measures

Q1 2026 Financial Report - 1

40

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Consolidated Funds - General/Street O&M
The funds are combined in this presentation, as these two funds are the City’s primary general governmental
operating funds. In 2026, the General Fund provides a total annual subsidy of $2.3M, which equates to 69% of
the Street O&M Fund total sources. This transfer subsidizes both one-time and ongoing expenditures.
Consolidated
General & Street O&M
Funds
Operating Revenue

2020
Annual
Actual

2021
Annual
Actual

2022
Annual
Actual

2023
Annual
Actual

2024
Annual
Actual

2025
Annual
Actual

2026
Annual
Budget

2026
YTD
Actual

$ 41,318,153 $ 46,338,464 $ 47,202,455 $ 47,650,358 $ 51,291,123 $ 56,036,790 $ 54,428,714 $ 14,894,119

Operating Expenditures $ 35,808,185 $ 38,201,881 $ 42,245,038 $ 46,186,326 $ 49,425,746 $ 53,324,020 $ 54,354,398 $ 15,372,622
Operating
Income / (Loss)
$ 5,509,968 $ 8,136,582 $ 4,957,417 $ 1,464,032 $ 1,865,377 $ 2,712,770 $
74,316 $ (478,503)

The following table and charts provide a comparison of operating revenues, operating expenditures and the
resulting operating income/loss for the current and historical years.
The following graph illustrates the total current budgeted and historical operating revenues and
expenditures.

The following graph illustrates the change in total revenues collected and expenditures compared to the
prior year.

Q1 2026 Financial Report - 2

41

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General & Street O&M Funds
Combined Summary
REVENUES:
Property Tax
Local Sales & Use Tax
Sales/Parks
Public Safety Sales Tax
Brokered Natural Gas Use Tax
Criminal Justice Sales Tax
Admissi ons Tax
Utility Tax
Leasehold Tax
Gambling Tax
Franchise Fees
Development Service Fees
Permits & Fees (Public Works)
License & Permits (BL, Alarm, Animal )
State Shared Revenues
Intergovernmental
Parks & Recreation Fees
Police Contracts, including Extra Duty
Other Charges for Services
Fines & Forfeitures - Municipal Court
Fines & Forfeitures-Camera Enforcement
Miscellaneous/Interest/Other
Interfund Transfers
Subtotal Operating Revenues

2024
2025
Annual Actual Annual Actual YTD Actual

2026 YTD Actual
vs 2025 YTD Actual
Over / (Under)
$ Chg
% Chg

2026 YTD Actual
vs 2026 YTD Budget
Over / (Under)
$ Chg
% Chg

Revised Bdgt

2026
YTD Budget

YTD Actual

$ 7,887,849 $ 8,069,883
15,005,306
16,040,469
859,604
897,496
52,405
49,871
1,538,344
1,605,417
451,853
423,502
5,688,057
6,785,193
9,596
8,138
2,574,532
2,509,606
4,662,778
4,820,565
5,283,125
6,691,837
195,866
280,776
463,137
559,274
2,153,866
2,153,657
548,669
458,361
280,557
267,640
1,408,822
1,989,634
946
3,335
291,236
310,287
1,021,095
1,115,244
628,779
711,906
284,700
284,700
$ 51,291,123 $ 56,036,790

$ 3,770,121 $ 8,217,018
3,633,540
16,040,000
210,186
936,600
700,000
10,228
47,800
362,971
1,666,200
55,733
453,800
1,863,021
6,985,840
2,759
6,900
669,364
2,579,900
1,141,331
5,048,300
4,228,650
4,875,360
47,687
284,300
158,377
588,000
454,557
2,259,500
111,348
348,648
60,878
250,800
133,772
1,154,500
332
1,100
71,923
263,600
242,237
1,000,000
118,402
435,848
71,175
284,700
$ 17,418,588 $ 54,428,714

$ 3,766,558
3,739,111
220,156
10,485
382,867
70,184
1,905,402
1,603
668,834
1,188,169
1,582,899
60,756
172,777
544,708
83,406
52,760
156,320
243
64,320
214,340
71,937
71,175
$ 15,029,010

$ 3,827,327
4,447,115
225,366
8,955
384,103
76,541
1,939,702
115
636,330
1,166,815
664,536
68,097
174,991
530,182
92,554
43,985
156,320
931
73,406
234,302
71,269
71,175
$ 14,894,119

1.5%
22.4%
7.2%
n/a
-12.4%
5.8%
37.3%
4.1%
-95.8%
-4.9%
2.2%
-84.3%
42.8%
10.5%
16.6%
-16.9%
-27.7%
16.9%
180.4%
2.1%
-3.3%
-39.8%
0.0%
-14.5% $

60,769
1.6%
708,004
18.9%
5,210
2.4%
n/a
(1,530) -14.6%
1,236
0.3%
6,358
9.1%
34,300
1.8%
(1,488) -92.8%
(32,504)
-4.9%
(21,354)
-1.8%
(918,363) -58.0%
7,341
12.1%
2,214
1.3%
(14,526)
-2.7%
9,148
11.0%
(8,775) -16.6%
0.0%
688 282.9%
9,087
14.1%
19,963
9.3%
(668)
-0.9%
0.0%
(134,891)
-0.9%

EXPENDITURES:
City Council
City Manager
Municipal Court
Administrative Services
Legal
Planning & Public Works (formerly CED)
Parks, Recreation & Community Services
Police
Street Operations & Engineering
Interfund Transfers
Subtotal Operating Expenditures
OPERATING INCOME (LOSS)

181,860
1,082,243
1,547,336
3,276,674
1,711,962
4,083,279
3,468,708
31,160,970
2,434,958
477,756
$ 49,425,746
$ 1,865,377

42,167
189,158
321,415
1,289,490
471,351
1,602,586
898,748
4,272,739
604,118
2,051,586
1,489,387
4,068,513
964,233
4,232,229
9,322,052
33,053,850
715,594
3,227,953
366,294
$ 14,829,064 $ 54,354,398
$ 2,589,525 $
74,316

40,077
353,965
519,997
1,111,521
609,955
1,216,084
958,645
9,080,738
896,384
$ 14,787,368
$
241,643

42,163
(4)
0.0%
319,701
(1,715)
-0.5%
477,684
6,333
1.3%
969,228
70,481
7.8%
663,694
59,576
9.9%
1,199,027
(290,360) -19.5%
1,042,367
78,134
8.1%
9,854,402
532,351
5.7%
804,356
88,762
12.4%
n/a
$ 15,372,622
543,559
3.7%
$ (478,503) $ (3,068,028) -118.5% $

2,086
5.2%
(34,265)
-9.7%
(42,313)
-8.1%
(142,293) -12.8%
53,739
8.8%
(17,057)
-1.4%
83,722
8.7%
773,664
8.5%
(92,028) -10.3%
n/a
585,255
4.0%
(720,146) -298.0%

OTHER FINANCING SOURCES:
Grants, Contrib, 1-Time Source
Property Tax - for TIF Future Debt Service
Transfers In
Subtotal Other Financing Sources

1,295,970
935,604
78,542
1,380,955
632,764
$ 2,676,925 $ 1,646,910

OTHER FINANCING USES:
Capital & Other 1-Time
Interfund Transfers
Subtotal Other Financing Uses

3,291,096
1,871,812
$ 5,162,908

Total Revenues and Other Sources
Total Expenditures and other Uses

175,211
1,063,974
1,452,874
3,683,613
2,006,907
4,401,268
4,069,499
33,543,537
2,556,218
370,919
$ 53,324,020
$ 2,712,770

$

340,818
36,547
377,365

1,517,085
24,837
3,704
$ 1,545,626

3,899,263
1,533,223
$ 5,432,486

$

756,107
13,749
769,856

$ 53,968,048

$ 57,683,699

$ 54,588,654

$ 58,756,506

$

$87,226
53,989
141,215

$

237,674
400,847
638,521

57,206
813,575
15,180
(1,273)
21,133
20,808
76,682
(2,644)
(33,034)
25,484
(3,564,114)
20,411
16,614
75,625
(18,794)
(16,892)
22,548
599
1,483
(7,934)
(47,132)
$ (2,524,469)

$

$87,226
11,385
98,611

$

(253,592)
17,442
(236,150)

-74.4%
47.7%
n/a
-62.6% $

42,604
42,604

0.0%
374.2%
n/a
43.2%

5,219,970
570,847
$ 5,790,817

$

237,674
400,847
638,521

$

(518,433) -68.6%
387,098 2815.4%
(131,336) -17.1% $

-

0.0%
0.0%
0.0%

$ 17,795,953

$ 55,974,340

$ 15,127,621

$ 15,035,334

$ (2,760,619)

$ 15,598,920

$ 60,145,215

$ 15,425,888

$ 16,011,143

$

-15.5% $

(92,287)

-0.6%

412,223

2.6% $

585,255

3.8%

Beginning Fund Balance:
$ 13,497,865 $ 12,877,259 $ 12,877,259 $11,804,451 $11,804,451 $11,804,451 $ (1,072,808)
Ending Fund Balance:
$ 12,877,259 $ 11,804,452 $ 15,074,292 $ 7,633,576 $ 11,506,184 $ 10,828,643 $ (4,245,650)
Ending Fund Balance as a % of Oper Rev
25.1%
21.1%
86.5%
14.0%
76.6%
72.7%
Reserve - Total Target 12% of Oper Rev:
$ 6,154,935 $ 6,724,415 $ 2,090,231 $ 6,531,446 $ 1,803,481 $ 1,787,294
2% Contingency Reserves
$ 1,025,822 $ 1,120,736 $
348,372 $ 1,088,574 $
300,580 $
297,882
5% General Fund Reserves
$ 2,564,556 $ 2,801,839 $
870,929 $ 2,721,436 $
751,451 $
744,706
5% Strategic Reserves
$ 2,564,556 $ 2,801,839 $
870,929 $ 2,721,436 $
751,451 $
744,706
Set Aside TIF Property Tax for TIF Debt Svc
$
- $
78,542 $
36,547 $
103,379 $
89,926 $
132,531
Set Aside (Budget Adj & 2025/2026 Budget) $ 6,722,324 $ 5,001,496 $ 12,947,515 $
998,752 $ 9,612,777 $ 8,908,818
Note: Undesignated/Reserved Balances are one- me funds and per the city's financial policies may not be used for ongoing opera ons.

-8.3% $
-28.2% $

(0)
(677,542)

0.0%
-5.9%

Q1 2026 Financial Report - 3

42

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Consolidated Funds – General and Street O&M Ending Fund Balance and Cash
In support of the City’s financial integrity, the City Council adopted on September 15, 2014, a set of financial
policies including fund balance reserves totaling 12% of General/Street O&M Funds operating revenues. For
the 2026, this 12% equates to $6.53M as follows:


2% General Fund Contingency Reserves: The purpose of this reserve is to accommodate
unexpected operational changes, legislative impacts, or other economic events affecting the
City’s operations which could not have been reasonably anticipated at the time the original
budget was prepared. A 2% reserve fund based on the General/Street O&M Funds operating
revenues equates to $1.09M.



5% General Fund Ending Fund Balance Reserves: The purpose of this reserve is to provide
financial stability, cash flow for operations and the assurance that the City will be able to
respond to revenue shortfalls with fiscal strength. A 5% reserve fund based on the
General/Street O&M Funds operating revenues equates to $2.72M.



5% Strategic Reserves: The purpose of this reserve is to provide some fiscal means for the City
to respond to potential adversities such as public emergencies, natural disasters or similarly
major unanticipated events. A 5% reserve fund based on the General/Street O&M Funds
operating revenues equates to $2.72M.

Additionally, on November 15, 2021 the City Council via Ordinance 764 established an Economic Development
Opportunity Fund within the General Fund ending fund balance for the purpose of accumulating excess
funds from the General Fund and other funds that are eligible to provide funding for economic development
opportunity related expenditures. The set aside amount as approved in the 2021/2022 mid-biennium budget
adjustment is $1,000,000 in each year of 2021 and 2022 for a total of $2,000,000. The City shall appropriate
and use the funds as approved by the City Council.
Total
Total
Year
On December 9, 2024, the City Council authorized the use
Ending Fund Balance
Cash
of the $2M Economic Development Opportunity Fund to
2020
$
13,730,802
$ 10,769,320
be used for Edgewater Park and Downtown Park(s).
2021
$
17,774,437
$ 14,473,577
2022
$
19,472,052
$ 15,469,988
The following table and graph below provide the current
2023

$

13,497,865

$

11,449,302

2024

$

12,877,258

$

10,524,717

2025

$

11,804,452

$

9,309,022

2026 YTD Mar

$

10,828,643

$

4,118,561

and historical General/Street O&M Funds ending balance
and cash & investment.

Q1 2026 Financial Report - 4

43

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Property Tax
A property tax rate is placed on each piece of property within the City and is used for general governmental
purpose. The rate is expressed in “dollars per $1,000 assessed value (AV), and is a function of the property tax
levy permitted by law and adopted by the City Council. In the City of Lakewood, as in other Washington cities,
the maximum regular levy cannot exceed $3.60, which includes the maximum regular levy of $3.375 plus an
additional $0.225 per $1,000 AV to provide for the Firemen’s Pension Fund. Property tax is assessed on land,
buildings, and residential homes, and on inventory and improvements to commercial property.
Levy Rate Per $1,000 Assessed Value (AV)
Taxing District
2024
2025
2026
City of Lakewood
$ 0.71 $ 0.68 $ 0.68
0.44
0.44
0.43
Emergency Medical Svcs
Flood Control
0.10
0.09
0.09
Pierce County
0.77
0.74
0.76
Port of Tacoma
0.14
0.13
0.13
Rural Library
0.34
0.33
0.32
School District
3.27
3.13
3.52
Sound Transit
0.16
0.16
0.16
Washington State
2.31
2.39
2.29
2.24
1.00
0.98
West Pierce Fire District
Total Levy Rate
$ 10.49 $ 9.11 $ 9.37
Total AV ($ in billions)
$ 11.15 $ 11.84 $ 12.19

Property Tax (Regular)
Year-to-date through March

2026

Month
2024 Actual
2025 Actual
Budget
Actual
Jan
$
169,187 $
122,492 $
169,747 $
134,250
Feb
415,043
370,277
447,349
407,570
Mar
3,104,355
3,277,352
3,149,462
3,285,507
Apr
558,272
566,283
646,703
May
41,421
49,484
55,079
Jun
25,095
33,042
37,022
Jul
33,026
52,023
43,201
Aug
93,888
147,464
128,408
Sep
2,853,566
2,969,842
2,985,910
Oct
548,984
419,123
499,771
Nov
29,781
41,289
36,507
Dec
15,231
21,213
17,859
Total YTD
$ 3,688,585 $ 3,770,121 $ 3,766,558 $ 3,827,327
Total Annual
$ 7,887,849 $ 8,069,884 $ 8,217,018
n/a
5-Year Ave Change (2021 - 2025):
1.7%

Q1 2026 Financial Report - 5

Over / (Under)
2026 Actual vs 2025 Actual
2026 Actual vs Budget
$
%
$
%
$
11,758
9.6% $ (35,497)
-20.9%
37,293
10.1%
(39,779)
-8.9%
8,155
0.2%
136,045
4.3%
$
57,207
1.5% $ 60,769
1.6%
n/a
n/a
n/a
n/a

44

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Sales & Use Tax
The City is authorized to impose, and has
imposed, a local sales and use tax of 1.0%. An
aggregate sales and use tax of 10.1% is
currently imposed in the City. Of this amount,
0.84% is retained by the City (representing the
City’s 1.00% local sales tax less the required
0.15% remittance to the County for general
purposes and 0.01% distributed to the State of
Washington as an administrative fee for
collecting and administering the local sales
and use tax on the City’s behalf). This tax is
imposed on personal and business purchases
of tangible property. The retail sales tax is also
assessed on some services such as repairs and
construction.

Agency
State of Washington
City of Lakewood
City of Lakewood 1/10th of 1% for Public Safety
Pierce County 1/10th of 1% for Public Safety
Criminal Justice Sales Tax
Pierce Transit
Sound Transit
Pierce County Housing & Related Services
Pierce County Juvenile Facilities
Zoo-Park Fee
South Sound 911
Pierce County Mental Health & Chemical Dependency
Total Tax on Sales & Use

Current
Rate
6.50%
1.00%
0.10%
0.60%
1.40%
0.10%
0.10%
0.10%
0.10%
0.10%
10.10%

New Rate
7/1/2026
6.50%
1.00%
0.10%
0.10%
0.10%
0.60%
1.40%
0.10%
0.10%
0.10%
0.10%
0.10%
10.30%

Sales Tax
Year-to-date through March

2026

Month
2024 Actual 2025 Actual
Budget
Actual
Jan
$ 999,361 $ 1,199,605 $ 1,151,722
1,360,858
Feb
1,101,587
1,090,727
1,166,320
1,378,564
Mar
1,328,705
1,343,208
1,421,069
1,707,693
Apr
1,185,085
1,268,961
1,311,973
May
1,262,229
1,476,112
1,374,228
Jun
1,414,310
1,324,712
1,451,642
Jul
1,315,980
1,348,477
1,344,054
Aug
1,245,774
1,315,518
1,345,625
Sep
1,279,732
1,401,312
1,384,954
Oct
1,306,583
1,318,771
1,327,872
Nov
1,188,278
1,365,776
1,282,839
Dec
1,377,680
1,587,290
1,477,702
Total YTD
$ 3,429,654 $ 3,633,540 $ 3,739,111 $ 4,447,115
Annual Total
$15,005,306 $ 16,040,470 $16,040,000
n/a
5-Year Ave Change (2021 - 2025):
2.3%

Over / (Under)
2026 Actual vs 2025 Actual
2026 Actual vs Budget
$
%
$
%
$ 161,253
13.4% $ 209,136
18.2%
287,837
26.4%
212,244
18.2%
364,485
27.1%
286,624
20.2%
$ 813,574
22.4% $ 708,004
18.9%
n/a
n/a
n/a
n/a

Q1 2026 Financial Report - 6

45

Return to Agenda

Top 10 Taxpayers (Grouped by Sector)
Year-to-date through March

Sector
Heavy and Civil Engineering
Administrative and Support Services
Couriers and Messengers
Rental and Leasing Services
Building Material and Garden Equipment & Supplies
Miscellaneous Store Retailers
General Merchandise Stores
Construction of Buildings
Total

2025
5,864 $
56,192
53,438
65,911
52,666
103,430
175,402
119,345
632,248 $

$

$

2026
57,308
62,136
63,725
68,720
77,453
113,757
189,765
672,659
1,305,522

Over / (Under)
Change from 2025
$
%
51,444
877.3%
5,944
10.6%
10,286
19.2%
2,809
4.3%
24,787
47.1%
10,327
10.0%
14,363
8.2%
553,314
463.6%
$ 673,274
106.5%

Sales & Use Tax by Sector
($ in thousands)
2020

2021

2022

2023

2024

2025

Sector

Revenue

% of Change
% of Change
% of Change
% of Change
% of Change
% of Change
Total Prior Yr Revenue Total Prior Yr Revenue Total Prior Yr Revenue Total Prior Yr Revenue Total Prior Yr Revenue Total Prior Yr

Retail Trade

$ 5,572

47%

$ 224

$ 6,659 46% $ 1,087

4%

20%

$ 6,259 43% $ (400) $ 6,091 43% $ (168) $ 6,122 41% $
-6%

-3%

30
0%

$ 6,093 38% $

(29)
0%

3,117 22% $ 562

3,450 24% $ 333

3,552 25% $ 102

3,755 25% $ 204

3,858 24% $ 103

Services

$ 2,555

21%

$ (204)
-7%

22%

11%

3%

6%

3%

Construction

$ 1,958

16%

$ (19)

2,375 16% $ 417

2,019 14% $ (356)

1,692 12% $ (327)

2,145 14% $ 452

2,989 19% $ 844

Wholesale

$

517

4%

$ (40)

$

483

4%

$

-1%
Trade
Information

21%
668

5%

$ 151

517

4%

$

-7%
5

Finance, Ins,

$

467

4%

$

Manufacturing

1

170

1%

$

(5)

559

4%

$

$

160

1%

$

36

216

1%

$

$

63

1%

(7)

212

$ 11,946

4%

$

92
45

1%

$

53

91

$ (10) $ 14,414
0%

1%

$

28

-16%
765

5%

$ (27)

590

4%

$

18%
35

700

5%

$ 141

2%

$

23

728

5%

$

2%

$

25

266

2%

$

220

2%

$ 129

300

$

617

4%

$

28
27

2%

$

62

238

57 $ 14,221
0%

Q1 2026 Financial Report - 7

2%

$

18

39%
771

5%

$ (162)

706

4%

$

22%
28

-17%

5%
686

5%

$ (42)

211

1%

$ (55)

809

5%

$ 122

218

1%

$

18%

-21%
253

2%

$ (47)

283

$ (250) $ 15,005
-2%

2%

$

45

7
3%

279

2%

$

-16%

8%

89
14%

-6%

26%

141%

$ 2,468 $ 14,471
21%

38

11%

12%

44%

$ 169

4%

11%
237

6%

7%

25%
239

27%
934

-3%

7%

33%

-10%
Total

552

26%

29%
Other

34

20%

-3%
Government

$ 123

7%

0%
$

5%

29%

1%
Real Estate

-15%
791

26
10%

318

2%

19%

$

35
12%

$ 784 $ 16,040
6%

$ 1,035
7%

46

Return to Agenda
Sales & Use Tax by Sector
Year-to-date through March
Over / (Under)
Change from 2025

Actual
Sector
Retail Trade

2025
1,419,026 $

2026
1,469,791 $

$
50,765

Services

895,274

993,646

98,372

Construction

497,351

1,213,152

715,801

Wholesale
Trade

204,692

194,889

(9,803)

Information

183,072

168,655

(14,417)

Finance,
Insurance,
Real Estate
Manufacturing

215,498

195,774

(19,724)

50,677

55,584

4,907

Government

91,677

59,858

(31,819)

Other

76,272

95,765

19,493

Total

$

$

3,633,540 $

4,447,115 $ 813,574

Explanation of Variance
Increase / (Decrease)

$ in Thousands
%
3.6% $ 23
9%
General Merchandise Stores
$ 13
21% Clothing and Clothing Accessories Stores
$ 12
9%
Building Material and Garden Equipment & Supplies
$
7
143% General Merchandise Retailers
$
7
26% Nonstore Retailers
$ (4)
-8%
Electronics and Appliance Stores
$ (7)
-3%
Miscellaneous Store Retailers
$ (19)
-7%
Motor Vehicle and Parts Dealers
11.0% $ 37
29% Administrative and Support Services
$ 31
7%
Food Services and Drinking Places
$ 29
41% Professional, Scientific, and Technical Services
$
7
142% Educational Services
$
4
53% Ambulatory Health Care Services
$ (11)
-8%
Repair and Maintenance
143.9% $ 676
245% Construction of Buildings
$ 46
98% Heavy and Civil Engineering
$ (6)
-4%
Specialty Trade Contractors
-4.8% $
4
11% Merchant Wholesalers, Nondurable Goods
$
3
113% Wholesale Trade Agents and Brokers
$ (17) -10% Merchant Wholesalers, Durable Goods
-7.9% $
9
44% Web Search Portals, Libraries, Archives, and Other
$
7
121% Computing Infrastructure Providers, Data Processing
$
2
21% Motion Picture and Sound Recording Industries
$
2
763% Broadcasting and Content Providers
$ (34) -55% Publishing Industries
-9.2% $ 16
78% Credit Intermediation and Related Activities
$ (1) -48% Insurance Carriers and Related Activities
$ (36) -19% Rental and Leasing Services
9.7% $
4 1018% Transportation Equipment Manufacturing
$
3
94% Nonmetallic Mineral Product Manufacturing
$
3
118% Fabricated Metal Product Manufacturing
$
2
39% Apparel Manufacturing
$ (3) -66% Computer and Electronic Product Manufacturing
-34.7% $
6
75% Govt/Unclassifiable
$ (36) -45% Administration of Economic Programs
25.6% $ 11
19% Couriers and Messengers
$
6 2904% Other
$
3
111% Utilities
$ (1) -97% Warehousing and Storage
$ (1) -27% Transit and Ground Passenger Transportation
22.4%

Note on Wholesale Tax Classification: Sales tax applies if the buyer does not have a reseller permit or exemption certificate. Additionally,
purchases made for personal or household use is not exempt from sales tax. This includes items used in a business that are not resold,
such as office supplies, tools, equipment and equipment rentals.

Q1 2026 Financial Report - 8

47

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The following section provides a sales tax comparison by retail area and is based on UBI numbers and physical
location addresses received from the Washington State Business License database, matched against UBI
numbers in the City’s sales tax database.
The area category title “All Other” which includes food services & drinking places, construction, and
telecommunications attempts to capture: businesses that have multiple locations reporting under a single
UBI number is excluded from the retail area reporting (such as Walgreens, O’Reilly’s, Starbucks, Dollar Tree,
McDonald’s, etc.); businesses that do not fall under the retail area as currently defined (such food services &
drinking places); or businesses that do not have a physical location in the City but are providing services
within the City limits ( telecommunications and construction). Businesses are added to the sales and use tax
area periodically throughout the year; therefore, amounts reported in previous periods may differ.
Area

Map ID Location

Bridgeport & Steilacoom

1

Steilacoom Boulevard from John Dower Road to Lakewood Drive

Bridgeport North

2

Bridgeport from Custer Rd to University Place city limit & Custer Rd from Bridgeport to Tacoma city limit

Bridgeport South

3

Bridgeport Way from 108th Street to 59th Avenue

Central Business District

4

Lakewood Towne Center, the Colonial Center, and Lowes/Hobby Lobby Complex

International District

5

South Tacoma Way and Durango Avenue from 87th Street to the B&I

Lakewood Industrial Park

6

Lakeview Avenue from 108th Street to Steilacoom Boulevard and Lakewood Industrial Park

Pacific Highway TOC

7

Pacific Highway from 108th St SW to Bridgeport Way

Pacific Highway Ponders

8

Pacific Highway from Gravelly Lake Drive to Bridgeport Way

Springbrook

9

Springbrook Neighborhood

Steilacoom West

10

Steilacoom Drive from 87th Avenue to Phillips Road

Tillicum

11

Tillicum Neighborhood

Woodbrook

12

Woodbrook Neighborhood

Woodworth

13

112th Street & South Tacoma Way/Steel Street/Sales Road (East Lakewood)

Q1 2026 Financial Report - 9

48

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Q1 2026 Financial Report - 10

49

Return to Agenda

Map ID/Area
1 Bridgeport & Steilacoom

$

2 Bridgeport North
3 Bridgeport South

4 Central Business District

5 International District

6 Lakewood Industrial Park

7 Pacific Highway (TOC)
8 Pacific Highway Ponders
9 Springbrook
10 Steilacoom West
11 Tillicum
12 Woodbrook
13 Woodworth
Other:
Food Services, Drinking Places
Construction

Telecommunications
All Other Categories

Total

$

Sales & Use Tax by Area
Year-to-date through March
Over / (Under)
Change from 2025
2025
2026
$
%
48,204 $
45,065 $
(3,139)
-6.5% $
$
$
139,745
148,553
8,808
6.3% $
$
166,848
155,459
(11,389)
-6.8% $
$
$
$
473,674
526,105
52,431
11.1% $
$
$
256,650
268,698
12,048
4.7% $
$
$
$
50,511
32,794
(17,717) -35.1% $
$
$
43,024
41,307
(1,716)
-4.0% $
32,082
34,240
2,158
6.7% $
$
1,299
(1,299) -100.0% $
36,823
35,111
(1,712)
-4.6% $
39,874
43,258
3,384
8.5% $
5,029
5,382
352
7.0% $
9,663
9,040
(624)
-6.5% $
197,088

225,398

28,310

454,936

1,172,041

717,105

73,982
1,604,108

72,568
1,632,097

(1,415)
27,989

3,633,540 $

4,447,115 $

813,574

Q1 2026 Financial Report - 11

14.4% $
$
157.6% $
$
$
-1.9% $
101.7% $
$
$
$
$
22.4%

Explanation of Variance
Increase / (Decrease)
$ in Thousands
0
4%
Wholesale Trade
(1) -5% Retail Trade
(2) -7% Services
11
8%
Retail Trade
(1) -75% Construction
2
91% Manufacturing
2
48% Other
(4) -8% Services
(13) -44% Construction
33
10% Retail Trade
11 226% Fin, Ins, Real Est
7
6%
Services
5
6%
Retail Trade
3
4%
Fin, Ins, Real Est
2
2%
Services
2 345% Construction
10 341% Construction
(12) -44% Services
(16) -104% Wholesale Trade
(2) -11% Services
1
16% Construction
1
4%
Services
(1) -100% Retail Trade
(2) -7% Retail Trade
2
43% Manufacturing
1
42% Retail Trade
0
13% Other
19
11% Services
9
32% Retail Trade
664 240% Construction of Buildings
57 214% Heavy & Civil Engineering
(4) -2% Specialty Contractors
(1) -2%
90
29% Services
16
25% Other
(16) -18% Information
(30) -34% Government
(33) -25% Fin, Ins, Real Est

50

Return to Agenda

Criminal Justice Sales Tax
Criminal Justice Sales Tax is a local option sales tax of 0.10 percent that is collected in addition to retail sales
tax and use taxes by the Department of Revenue. Only counties may impose this non-voted 0.1% sales tax
for criminal justice purposes, but the county must share its revenues with all cities and towns in the county.
10% of the funds are distributed to the county in which the tax was collected. The remaining 90% of the funds
is distributed to the county (for unincorporated areas) and cities within the county based on population as
last determined by the Office of Financial Management. The Department of Revenue retains 1% as an
administrative fee.
Moneys received from this tax are restricted for criminal justice purposes. Criminal justice purposes are
defined as activities that substantially assist the criminal justice system, which may include circumstances
where ancillary benefit to the civil justice system occurs, and which includes domestic violence services such
as those provided by domestic violence programs, community advocates, and legal advocates, as defined by
RCW 70.123.020.
Criminal Justice Sales Tax
Year-to-date through March
2026

Month
2024 Actual
2025 Actual
Budget
Actual
Jan
$
113,387
116,592 $
121,108
120,944
Feb
111,706
111,162
119,323
121,223
Mar
128,938
135,216
142,436
141,936
Apr
124,221
124,916
132,423
May
128,381
137,556
139,290
Jun
134,876
140,464
147,733
Jul
135,779
142,236
144,552
Aug
130,518
135,967
142,137
Sep
133,977
141,401
146,655
Oct
129,166
133,245
139,850
Nov
120,598
129,798
134,100
Dec
146,796
156,864
156,593
Total YTD
$
354,031 $
362,971 $
382,867 $
384,103
Annual Total $
1,538,344 $ 1,605,417 $ 1,666,200
n/a
5-Year Ave Change (2021 - 2025):
2.4%

Over / (Under)
2026 Actual vs 2025 Actual
2026 Actual vs Budget
$
%
$
%
$
4,352
3.7% $
(164)
-0.1%
10,060
9.1%
1,900
1.6%
6,720
5.0%
(500)
-0.4%
$
21,131
5.8% $
1,236
0.3%
n/a
n/a
n/a
n/a

Q1 2026 Financial Report - 12

51

Return to Agenda

Utility Tax
The City levies a tax on utilities provided within the city. The tax is currently 6% of gross income for electricity,
gas, solid waste, cable, cellular phone, landlines and storm drainage.
Utility Tax
Year-to-date through March
Month
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total YTD
Total Annual

2026

2024 Actual
2025 Actual
Budget
Actual
$
507,144 $
593,679 $
619,733 $
619,336
506,258
654,625
639,588
661,743
522,144
614,717
646,081
658,623
581,459
681,333
714,346
458,572
519,096
572,159
414,618
456,205
493,257
393,231
555,113
497,153
395,486
449,945
477,046
390,334
449,658
477,850
514,833
571,160
609,899
476,527
542,897
576,598
527,451
696,765
662,130
$ 1,535,546 $ 1,863,021 $ 1,905,402 $ 1,939,702
$ 5,688,057 $ 6,785,193 $ 6,985,840
n/a
5-Year Ave Change (2021 - 2025):
5.0%

Over / (Under)
2026 Budget vs 2025 Actual
2026 Actual vs Budget
$
%
$
%
$
25,657
4.3% $
(397)
-0.1%
7,118
1.1%
22,155
3.5%
43,906
7.1%
12,542
1.9%
$
76,681
4.1% $
34,300
1.8%
n/a
n/a
n/a
n/a

Utility Tax by Type
Year-to-date through March
Over / (Under)
2026 YTD Actual
vs 2025 YTD Actual

2024
2025
2026
Annual
Annual
YTD
Annual
YTD
YTD
$
%
Type
Actual
Actual
Actual
Budget
Budget
Actual
Electricity
$ 1,899,193 $ 2,477,569 $ 720,541 $ 2,563,920 $ 742,619
57,416
8.0%
777,957 $
513,188
Natural Gas
934,316
1,244,459
495,163
1,349,520
510,148
18,025
3.6%
286,510
Solid Waste
1,083,364
1,131,431
276,646
1,135,200
284,961
9,864
3.6%
197,148
Cable
883,211
822,737
213,214
954,800
219,473
(16,066) -7.5%
130,129
Phone/Cell
563,737
785,234
138,396
600,500
142,472
(8,267) -6.0%
SWM
324,236
323,763
19,061
381,900
5,729
15,711 82.4%
34,772
Total
$ 5,688,057 $ 6,785,193 $ 1,863,021 $ 6,985,840 $ 1,905,402 $ 1,939,702 $ 76,681
4.1%

Q1 2026 Financial Report - 13

52

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Gambling Tax
The City levies a gambling tax on gross receipts derived by operators of gambling activities, including
punchboards; pull tabs, bingo, raffles, amusement games, and social card rooms. Fund raising activities and
charitable and non-profit organizations that involve game of chance are subject to the tax. The gambling tax
rates by activity are as follows: card rooms (11% of gross receipts), punch boards (3% of gross receipts), pull
tabs (5% of gross receipts), bingo (5% off gross receipts less amounts paid as prizes), raffles (5% of gross
receipts less amount paid as prizes); amusement games (2% of gross receipts less amount paid as prizes).
Gambling tax from card rooms account for the majority of revenues.
Gambling Tax
Year-to-date through March

2026

Month
2024 Actual
2025 Actual
Budget
Jan
$
217,959 $
222,619 $
205,363 $
Feb
230,304
213,488
205,223
Mar
230,717
233,258
258,248
Apr
216,795
220,320
212,525
May
197,070
188,567
208,920
Jun
234,077
177,334
213,820
Jul
217,697
215,712
218,702
Aug
180,917
233,071
200,518
Sep
194,116
166,667
197,001
Oct
223,004
217,783
227,279
Nov
221,400
208,697
218,060
Dec
210,476
212,090
214,240
Total YTD
$
678,978 $
669,365 $
668,834 $
Total Annual
$ 2,574,530 $ 2,509,606 $ 2,579,900
5-Year Ave Change (2021 - 2025):
-6.7%

Actual
229,235
196,570
210,525
636,330
n/a

Over / (Under)
2026 Actual vs 2025 Actual 2026 Actual vs Budget
$
%
$
%
$
6,616
3.0% $ 23,872
11.6%
(16,918)
-7.9%
(8,653)
-4.2%
(22,733)
-9.7%
(47,723)
-18.5%
$ (33,034)
-4.9% $ (32,505)
-4.9%
n/a
n/a
n/a
n/a

Card Room Gambling Tax - Major Establishments Only
Year-to-date through March
Over / (Under)
2024
2025
2026
YTD 2026 Actual vs YTD 2025 Actual
Major Establishment
Annual Actual
YTD Actual
Annual Actual
YTD Actual
YTD Actual
$
%
Chips Casino
$
994,943 $
273,115 $
1,110,964 $
308,823 $
267,650 $
(41,173)
-13.3%
Ace's Poker Lakewood*
657,733
168,754
649,111
173,277
166,992
(6,285)
-3.6%
Macau Casino
671,739
177,118
635,772
161,807
176,154
14,347
8.9%
Palace Casino**
142,713
31,835
Total
$
2,467,128 $
650,822 $
2,395,846 $
643,908 $
610,796 $
(33,111)
-5.1%
Figures above are for card room gambling tax only (does not include minor amounts for pull tabs, punch boards, or amusement).
* Great American Casino closed for remodeling on 6/23/2023, reopened 12/19/2023 as Ace's Poker Lakewood.
** Palace Casino card room closed January 2025.

Q1 2026 Financial Report - 14

53

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Admissions Tax
The City levies an admissions tax of 5% on activities such as movie and play tickets, entrance fees and cover
charges to clubs. The tax is levied on the person or organization collecting the admission fee.

Admissions Tax
Year-to-date through March
2026

Month
2024 Actual
2025
Budget
Actual
Jan
$
18,449 $
21,272 $
19,022 $
24,204
Feb
52,528
19,683
28,116
31,524
Mar
26,971
14,778
23,046
20,814
Apr
36,217
37,274
38,184
May
19,945
37,011
30,660
Jun
51,831
35,270
51,958
Jul
38,672
36,089
41,824
Aug
53,751
32,208
48,476
Sep
23,934
24,483
24,535
Oct
33,677
76,477
50,647
Nov
34,514
29,218
34,296
Dec
61,364
59,739
63,037
Total YTD
$
97,948 $
55,733 $
70,184 $
76,541
Total Annual
$
451,853 $ 423,502 $
453,800
n/a
5-Year Ave Change (2021 - 2025):
17.5%

Over / (Under)
2026 Actual vs 2025 Actual
2026 Actual vs Budget
$
%
$
%
$
2,932
13.8% $
5,182
27.2%
11,841
60.2%
3,408
12.1%
6,036
40.8%
(2,232)
-9.7%
$
20,808
37.3% $
6,358
9.1%
n/a
n/a
n/a
n/a

Admissions Tax by Payer
Year-to-date through March
2024
Establishment
AMC Theatres
Catapult Adventure Park
Fandango Media
GolfNow, LLC
Oakbrook Golf Club
PNW Kobzar Project
Regal Cinemas
Total

2025

2026
YTD Actual
$
50,341
10,838
1,207
14,156
$
76,541

Annual
YTD
Annual
YTD
248,456 $
47,395 $ 257,325 $
44,182
101,904
36,169
64,302
7,762
6,901
1,177
1,433
19,603
748
20,691
446
28
72,950
13,637
72,822
11,105
$
451,853 $
97,948 $ 423,502 $
55,733
Fandango Media & GolfNow, LLC report annually.
PNW Kobzar Project puts on smaller music events, usually in King County. Held a November event in Lakewood.
$

Q1 2026 Financial Report - 15

Over / (Under)
YTD 2026 Actual vs YTD 2025 Actual
$
%
$
6,159
13.9%
10,838
761
170.5%
3,051
27.5%
$
20,808
37.3%

54

Return to Agenda

Franchise Fees & Non-Compete Fees
Franchise fees are charges levied on private
utilities for their use of City streets and other
public
properties
to
place
utility
infrastructure and to recoup City costs of
administering franchise agreements. The
franchise fees on light, natural gas, and
telephone utilities are limited by statute to
the actual administrative expenses incurred
by the City directly related to receiving and
approving permits, licenses, or franchises.
Cable TV franchise fees are governed by the
Federal Cable Communications Policy Act of
1996 and are negotiated with cable
companies for an amount not to exceed 5%
of gross revenues.

1
2
3
4
5
6
7
8

9
10
11
12
13

Utility
Comcast Phone
Comcast Cable
Ezee Fiber
Lakeview Light & Power
Lakewood Water District
Pierce County Sanitary Sewer
Puget Sound Energy
Lightcurve (formerly Rainier Connect)
Cable TV
Telecommunications
TPU Light
TPU Water
Waste Connections
Zayo Communications
Small Cell Wireless (admin cost)
- AT&T Small Wireless

NonContract
Utility Franchise Compete
Expiration
Tax
Fee
Fee
12/17/2030 6.00%
12/17/2030 6.00%
5.00%
3/6/2030
5.00%
12/22/2027 6.00%
12/22/2026
6.00%
3/13/2031
6.00%
1/20/2026 6.00%
7/3/2029
7/3/2029

6.00%
6.00%

5.00%
5.00%

-

9/15/2027
11/19/2026
12/31/2030
2/16/2029

6.00%
-

4.00%
6.00%
-

6.00%
8.00%
-

6/16/2030

Franchise Fees/Non-Compete Fees
Year-to-date through March

2024
Actual

2025
Actual

2026

Month
Budget
Actual
Jan
$
- $
- $
- $
Feb
95,576
100,307
103,019
103,666
Mar
1,024,644
1,041,024
1,085,150
1,063,148
Apr
May
57,811
106,704
108,841
Jun
1,097,512
1,082,172
1,152,983
Jul
5,281
1,892
Aug
97,913
103,644
105,944
Sep
1,131,171
1,169,652
1,224,721
Oct
Nov
81,104
107,430
102,254
Dec
1,077,047
1,104,351
1,163,495
Total YTD
$ 1,120,220 $ 1,141,331 $ 1,188,169 $ 1,166,815
Total Annual $ 4,662,778 $ 4,820,565 $5,048,300
n/a
5-Year Ave Change (2021 - 2025):
2.1%

Over / (Under)
2026 Actual vs 2025 Actual 2026 Actual vs Budget
$
%
$
%
3,359
3.3%
647
0.6%
22,124
2.1%
(22,002)
-2.0%
$ 25,484
2.2% $ (21,354)
-1.8%
n/a
n/a
n/a
n/a

Franchise Fees/Non-Compete Fees by Type
Year-to-date through March

2024
2025
2026
Actual
Actual
YTD
Budget
YTD
Actual
Type
Cable
$ 737,595 $ 683,074 $ 177,067 $ 875,300 $ 184,334 $ 163,851
Water
646,484
715,286
120,833
691,700
125,792
127,592
Sewer
1,175,393
1,259,841
308,374
1,262,500
321,029
319,138
Solid Waste
811,749
845,014
207,359
848,700
215,869
214,843
Electric
1,291,556
1,310,791
327,698
1,370,100
341,146
341,391
Small Cell
6,559
Total
$ 4,662,778 $ 4,820,565 $ 1,141,331 $ 5,048,300 $ 1,188,169 $ 1,166,815
Q1 2026 Financial Report - 16

Over / (Under)
2026 Actual
2026 YTD Actual
vs 2025 Actual
vs YTD Budget
$
%
$
%
(13,216) -7.5%
(20,483)
-11.1%
6,759
5.6%
1,800
1.4%
10,764
3.5%
(1,891)
-0.6%
7,484
3.6%
(1,026)
-0.5%
13,693
4.2%
245
0.1%
n/a
n/a
$ 25,484
2.2% $ (21,354)
-1.8%
55

-

Return to Agenda

State Shared Revenues
State-shared revenues are from taxes and fees
collected by the State and disbursed to municipalities
based on population or other criteria. The source of
these shared revenues includes: criminal justice,
leasehold excise tax, state lodging tax sharing, liquor
excise tax and liquor profits, and motor vehicle fuel tax.
The following tables provides a comparison of state
shared revenues, including the portion of motor
vehicle fuel tax, increased gas tax and multi-modal
revenue receipted directly in the transportation
capital fund. Leasehold excise tax and state lodging
tax sharing is reported separately in this report.
State Shared Revenues
Year-to-date through March

CJ-Violent Crimes/Population
CJ-Special Programs

2024
Annual
Actual
$ 170,465
87,407

Annual
Actual
$ 186,454
92,308

CJ-DUI Cities
CJ-High Crime
Liquor Excise Tax
Liquor Board Profits
Motor Vehicle Fuel Tax *
Subtotal - General/Street

5,501
213,303
437,143
484,265
755,782
$ 2,153,866

6,869
225,059
413,718
481,763
747,486
$ 2,153,657

Motor Vehicle Fuel Tax *
Increase Motor Vehicle Fuel Tax
Multi-Modal
Subtotal - Capital Projects
Total

308,980
71,961
82,240
463,181
$ 2,617,047

305,311
71,393
81,591
458,295
$ 2,611,952

Revenue

2025

$

YTD
Actual
45,327
22,102

2026 Actual
Annual
Annual
Budget
Actual
$ 104,800 $
46,634
95,400
23,295

$

1,370
53,812
110,058
120,441
101,447
454,557

7,100
311,100
511,400
493,800
735,900
$ 2,259,500

$

41,436
17,897
20,454
79,787
534,344

300,579
71,600
81,900
454,079
$ 2,713,579

Q1 2026 Financial Report - 17

$

1,873
56,782
107,925
119,143
174,531
530,183

$

71,287
17,703
20,231
109,221
639,404

2026 YTD Actual vs
2025 YTD Actual
Over/(Under)
$
%
$
1,307
2.9%
1,193
5.4%

$

503
2,970
(2,133)
(1,298)
73,084
75,626

36.7%
5.5%
-1.9%
-1.1%
72.0%
16.6%

$
$

29,851
(194)
(223)
29,434
105,060

72.0%
-1.1%
-1.1%
36.9%
19.7%

56

Return to Agenda

POLICE
Photo Infraction – Red Light/School Zone Enforcement
The City currently has eight cameras operating at five locations:
 Two (2) school zone cameras located at: 5405 Steilacoom Blvd – WB and 9904 Gravelly Lake Drive – SB.
 Six (6) red light cameras located at:
o Bridgeport Blvd SW & San Francisco Ave SW – SB & NB
o Steilacoom Blvd SW & Phillips Rd SW – WB & EB
o South Tacoma Way & SR 512 – NB & SB.
Photo Infraction - Red Light / School Zone Enforcement
Year-to-Date through March

Year 2024
Gross
Revenue
Month
Jan
$
75,657
Feb
81,466
Mar
67,237
Apr
79,776
May
84,330
Jun
90,028
Jul
84,595
Aug
99,343
Sep
107,377
Oct
53,558
Nov
100,302
Dec
97,426
Total YTD
$ 224,360
Total Annual $ 1,021,095

Vendor
Payment
$ 32,240
32,240
32,240
32,240
32,240
32,240
32,240
32,240
32,240
27,998
32,240
28,549
$ 96,720
$378,947

Year 2025
Net
Revenue
$ 43,417
49,226
34,997
47,536
52,090
57,788
52,355
67,103
75,137
25,560
68,062
68,877
$ 127,640
$ 642,148

Gross
Revenue
$
89,595
67,668
84,975
95,489
105,338
83,201
95,795
86,405
68,060
71,909
112,414
154,395
$ 242,238
$ 1,115,244

Vendor
Payment
$ 26,742
32,240
32,240
32,240
32,240
32,240
32,240
32,240
32,240
32,240
32,240
32,240
$ 91,222
$381,382

Year 2026
Net
Revenue
$ 62,853
35,428
52,735
63,249
73,098
50,961
63,555
54,165
35,820
39,669
80,174
122,155
$ 151,016
$ 733,862

Gross
Vendor
Net
Revenue
Payment Revenue
$ 79,595 $ 35,496 $ 44,099 $
78,503
35,496
43,007
76,204
35,496
40,708
$ 234,302 $106,488 $ 127,814 $
n/a
n/a
n/a

Q1 2026 Financial Report - 18

Over / (Under)
Net Revenue
2026 vs 2025
$

%

(18,754)
7,579
(12,027)
(23,202)
n/a

-29.8%
21.4%
-22.8%
-15.4%
n/a

57

Return to Agenda

Month
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total YTD
Total
Annual

BP Way & San Francisco
2024
2025
2026
105
70
46
88
86
77
109
63
44
85
47
95
65
124
61
48
46
77
128
120
72
134
88
101
29
89
38
302
219
167
1,175

793

n/a

# of Infraction Notices Generated
Year-to-date through March
Steilacoom & Phillips
South Tacoma Way & SR512
2024
2025
2026
2024
2025
2026
41
91
789
709
743
33
55
791
623
705
65
39
949
846
644
77
913
248
42
1,027
901
95
35
1,025
489
160
1
1,006
985
91
24
1,099
1,014
41
1,030
976
106
9
1,006
798
46
102
838
739
29
123
646
681
139
185
2,529
2,178 2,092
568

552

n/a

11,119

9,009

Q1 2026 Financial Report - 19

n/a

School Zones
2024
2025
2026
551
418
478
675
722
372
799
952
492
734
797
1,036
667
838
790
1,043
384
64
864 1,012
486
353
516
385
279
330
2,025 2,092 1,342

2024
1,445
1,554
1,857
1,732
2,158
2,082
2,257
1,267
2,055
1,732
1,501
1,043
4,856

Total
2025
1,238
1,464
1,926
1,169
1,675
1,375
1,416
1,230
2,060
1,248
1,255
1,172
4,628

2026
1,358
1,209
1,219
3,786

7,821

20,683

17,228

n/a

6,874

n/a

58

Return to Agenda

Jail Services
The City contracts with various agencies to provide jail services. Current contracts are with Nisqually and
Pierce County.

Pierce County

Service
Period
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Annual
Total

Booking Fee
Daily Rate
Escort Fee*
Mental Health Fee
Special Identification Process
Major Medical Costs

Nisqually
$ 65,661
77,001
104,274
121,251
89,109
64,928
79,736
82,744
73,693
61,941
55,182
50,309

Year 2024
Pierce
Total by
County
Medical
Month
$ 3,266 $ $
68,927
7,537
84,537
10,519
114,793
7,484
128,735
7,558
96,667
20,365
85,293
14,479
94,216
6,237
88,981
5,985
79,679
8,942
70,883
5,958
61,140
7,979
58,288

$ 925,830

$ 106,308

$

-

$ 1,032,138

Annual Budget $
YTD as % of Annual Budget

800,000
129.0%

2026 Jail Rates
$85.80
Nisqually
$177.84
$187.69
$386.90
$85.80
City Pays

Nisqually
$ 84,848
62,905
74,493
64,898
50,611
48,148
47,096
41,686
44,846
50,264
51,468
71,925

Year 2025
Pierce
Total by
County Medical
Month
$ 10,644 $ $
95,492
7,385
70,290
5,084
79,577
13,523
78,420
22,734
73,345
10,136
58,284
14,213
61,309
13,481
55,167
8,934
53,780
14,966
65,229
6,759
58,227
11,708
83,633

$ 693,186

$ 139,566

$

-

Booking Fee
Daily Rate
Hospital Security
Major Medical Costs

$ 832,752

Annual Budget $ 1,330,000
YTD as % of Annual Budget
62.6%

Q1 2026 Financial Report - 20

$20.00
$158.02
$48.50/hr
City Pays

Nisqually
$ 68,785
51,515
58,625
-

Year 2026
Pierce
County
Medical
$ 9,560 $
8,538
15,350
-

Total by
Month
$
78,345
60,052
73,976
-

$ 178,925

$ 33,448

$

$

-

212,373

Annual Budget $ 1,330,000
YTD as % of Annual Budget
16.0%

59

Return to Agenda

Dispatch Services
South Sound 911 PDA (Public Development Authority) provides dispatch emergency communication, records
and technology services, and regional, interoperable first responder radio system.

Category

South Sound 911 Dispatch Services
Year-to-date through March
2024
2025
Annual Actual
Annual Actual

Communication

$

Records/Warrant/Public Services

1,281,870

$

371,420

Information Technology/Core Services

1,935,830

$

152,195
2,118,965

$

165,060
2,100,890

Change Over Prior Year - $ $

48,623

$

Change Over Prior Year - %

1,966,770

2.3%

Q1 2026 Financial Report - 21

1,307,165

2,005,580

$

152,000
2,157,580

(18,075) $

56,690

287,425
105,715

319,666
$

-0.9%

$

378,749

367,570
$

Radio User Fees City of Tacoma
Total Dispatch Services

$

$

373,650

313,480

Subtotal

1,194,610

2026
Annual Budget
YTD Actual

66,375
$

459,515

$

40,950
500,465

2.7%

60

Return to Agenda

Animal License
The City requires all dogs and cats over the age of eight
weeks and residing in the city limits to be licensed
annually. All licenses expire on December 31. Licenses
not renewed by February 28 are subject to a $2 late
penalty.

A nim al License F ees
Senior (65+) or
Fee Type

Regular

Physically Disabled

Unaltered Dogs/Cats

$55.00

$30.00

Spayed/Neutered Dogs
Spayed/Neutered Cats

$20.00
$12.00

$10.00
$4.00

Pets Under 6 Months Old

$4.00

$4.00

Service Dogs

$0.00

$0.00

Late Fee (after February 28)

$2.00

$2.00

Animal License
Year-to-date through March
Month
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total YTD
Total Annual

2024 Actual
$
1,216
9,666
6,845
2,536
3,309
1,332
1,286
1,351
20
431
190
159
$
17,727
$
28,341
5-Year Ave Change (2021 - 2025):

2026

2025 Actual
Budget
Actual
$
1,796 $
5,304 $ 5,901
10,779
11,453
5,235
4,835
6,316
3,154
1,890
2,723
534
3,070
823
1,356
1,886
1,078
1,079
1,500
756
587
192
508
177
381
293
524
$
17,410 $
23,073 $ 14,290
$
25,040 $
34,800
n/a
-5.7%

Over / (Under)
2026 Actual vs 2025 Actual
2026 Actual vs Budget
$
%
$
%
$
4,105
228.6% $
597
11.3%
(5,544)
-51.4%
(6,218)
-54.3%
(1,681)
-34.8%
(3,162)
-50.1%
$
(3,120)
-17.9% $
(8,783)
-38.1%
n/a
n/a
n/a
n/a

Animal Control
Year-to-date through March
2024
2025
2026
Annual
Annual
Annual
YTD
Actual
Actual
Budget
Actual

Over / (Under)
Over / (Under)
Operating
YTD 2026 vs 2025 2026 Budget vs Actual
Revenues & Expenditures
$
%
$
%
Operating Revenue:
Animal License
$ 28,341 $ 25,040 $ 34,800 $ 14,290 $ (3,120) -17.9% $ (20,510) -58.9%
Animal Services - City of Dupont
38,710
39,444
40,200
10,048
(28,662) -74.0%
(30,152) -75.0%
Animal Services - Town of Steilacoom
22,123
22,682
21,700
5,294
(16,829) -76.1%
(16,406) -75.6%
Total Operating Revenues
$ 89,174 $ 87,166 $ 96,700 $ 29,632 $ (48,611) -62.1% $ (67,068) -69.4%
Operating Expenditures:
Personnel
251,750
259,513
255,335
66,053 (185,697) -73.8%
(189,282) -74.1%
Supplies
3,212
4,593
3,360
500
(2,712) -84.4%
(2,860) -85.1%
Humane Society
186,049
195,701
202,658
49,366 (136,683) -73.5%
(153,292) -75.6%
Other Services & Charges
55
1,200
n/a
(1,200) -100.0%
Total Operating Expenditures
$ 441,012 $ 459,862 $ 462,553 $ 115,920 $ (325,091) -73.7% $ (346,633) -74.9%
Net Program Cost
$(351,839) $ (372,696) $ (365,853) $ (86,288) $ 276,481 -76.2% $ 279,565 -76.4%
Note - operating expenditures do not include internal service allocations (such as vehicle repairs & maintenance, vehicle
replacement reserves, etc.) as all police internal service charges are accounted for under Command Section.
Q1 2026 Financial Report - 22

61

Return to Agenda

Alarm Permits and Fees
False alarms cost the City and citizens thousands of dollars per year and take officers away from actual
emergencies. The false alarm ordinance includes a registration process, provides for annual alarm permit fees
for residential and business alarms, and provides for fees for false alarms to encourage all alarm users to
maintain the reliability of and to properly use their alarm equipment.
Alarm Permits and Fees
Year-to-date through March
Month
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total YTD
Total Annual
3rd Party
Processing Fees

Over / (Under)
2024
2025
2026
2026 Actual vs 2025 Actual
2026 Actual vs Budget
Actual
Actual
Budget
Actual
$
%
$
%
$
13,290 $
7,350 $
6,564 $
4,663 $
(2,687)
-36.6% $
(1,901)
-29.0%
6,232
5,328
5,927
9,491
4,163
78.1%
3,564
60.1%
6,909
12,370
6,232
7,359
(5,011)
-40.5%
1,127
18.1%
4,345
6,481
4,259
7,532
6,822
6,839
3,474
6,219
7,985
7,592
5,903
5,522
5,688
5,848
5,066
8,371
5,560
5,660
8,778
6,959
8,497
11,628
6,316
13,069
52,642
16,108
22,281
$
26,431 $
25,048 $
18,723 $
21,513 $
(3,535)
-14.1% $
2,790
14.9%
n/a
n/a
n/a
n/a
$
136,481 $
91,264 $
97,900
n/a

$

71,206

$

35,031 $

52,500

$

4,705 $

(30,326)

-86.6% $

(47,795)

-91.0%

5-Year Ave Change (2021 - 2025):
-0.3%
Note: The table reflects gross revenue; processing and other fees are shown separately.

Q1 2026 Financial Report - 23

62

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Opioid Abatement Fund
Distributors: Washington State received the maximum $518M under a resolution where three companies
(McKesson Corporation, Cardinal Health Inc., and AmerisourceBergen Drug Corporation) found to have
played key roles in fueling the opioid epidemic. More than $476M will be directed toward addressing the
opioid epidemic. This money will be paid over 18 distributions, with the first distribution occurring in
December 2022. Local governments and State must spend the settlement funds on approved uses, must
keep records of its spending, must file reports with the Settlement Administrator, and must comply with all
terms of the Washington and National Distributer Settlements. A local government can either spend the
money itself or elect to pool with other local governments on a regional basis.
Janssen (Johnson & Johnson): To avoid trial in the lawsuit, Janssen (Johnson & Johnson, Johnson & Johnson
Innovative Medicine, Janssen Pharmaceuticals, Inc., Ortho-McNeil-Janssen Pharmaceuticals, Inc., and
Janssen Pharmaceutica, Inc. collectively) was required to pay a settlement of $149.5M in June 2024. The
settlement required that $123.3M be used to combat the opioid epidemic, including the fentanyl crisis. The
attorney general has directed 50% ($61.6M) of these resources to local governments for that purpose. The
settlement was contingent on eligible cities and counties joining the settlement by May 11, 2024. As with
prior resolutions, to obtain the full amount, all 125 eligible local governments needed to sign the deal. Local
governments divided their share of the proceeds according to their own agreed formula.
McKinsey & Co.: A settlement has been reached in a class action lawsuit against McKinsey & Company, Inc.,
and related entities claiming that McKinsey played a central role in the opioid crisis by advising opioid
manufacturers and other industry participants how to sell as may prescription opioids as possible. The
lawsuit is known as In re McKinsey & Co., Inc. National Prescription Opiate Consultant Litigation, Case No. 3:21md-02996-CRB (N.D. California). Allocations to eligible subdivisions were made following the same general
intrastate methodologies applied in the national opioid settlement with Janssen Pharmaceuticals.
CVS, Walgreens, Walmart, Teva, Allergan: Washington State will also receive an estimated $434.4M from
multistate resolutions with the following five companies:






CVS: $110.6 million to Washington state over 10 years;
Walgreens: $120.3 million to Washington state over 15 years;
Walmart: $62.6 million to Washington state and 97% of that paid in the first year;
Teva: $90.7 million to Washington state over the next 13 years; and
Allergan: $50 million to Washington state over the next seven years.

Kroger: On April 2024 a settlement has been reached in a class action lawsuit with Kroger, which does
business as QFC and Fred Meyer in Washington, payable over 11 years. Similar to previous settlements, the
funds will be split between the state and eligible local governments according to the distribution formula set
by the One Washington MOU.

Q1 2026 Financial Report - 24

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Actual & Projected Allocation Amounts
The following table provides an accounting of settlement funds received and projected future receipts.
Opioid Abatement Distributions Received & Projected
As of March 31, 2026

Date
12/2022
12/2022
8/2023
3/2024
6/2024
7/2024
9/2024
4/2025
5/2025
6/2025
7/2025
7/2026
7/2027
7/2028
7/2029
7/2030
7/2031
7/2032
7/2033
7/2034
7/2035
7/2036
7/2037
7/2038
Received
to LTD
Total
Future
Receipts
Total
Estimated

Distributor
Amount
$ 41,039
43,130
43,130
23,760
53,983
53,983
53,983
44,328
72,417
74,695
74,695
62,788
62,788
62,788
62,788
62,788
62,788
62,788
62,788

Janssen
(J&J)
McKinsey
Amount
Amount
$
- $
289,326
22,235
-

$ 259,024

$ 289,326

$ 822,423

$

$ 1,081,447

$ 289,326

1

Allergan
CVS
Walgreens Walmart
Amount
Amount
Amount
Amount
$
- $
- $
- $
15,970
17,784
34,415
139,928
16,116
14,229
13,840
16,116
28,187
16,116
28,497
13,840
15,777
28,497
13,840
15,777
27,940
14,101
15,777
26,544
14,101
25,148
20,574
25,126
20,574
25,126
20,574
20,574
20,574
20,574
20,574
20,574
-

Kroger
Settlements
Amount
Amount
Total
$
- $
- $
41,039
43,130
43,130
246,269
289,326
98,994
22,235
13,840
10
10
19,300
19,300
112,953
9,864
136,967
10,078
127,187
9,750
154,650
9,650
155,026
9,650
144,327
9,650
132,398
9,650
132,398
9,650
107,273
9,650
107,273
97,623
83,362
83,362
62,788

$ 43,743

$ 48,203

$ 60,201

$

$ 19,300

$

10

-

$ 143,818

$ 63,449

$ 186,877

$ 220,475

$

- $ 87,593

$

-

$ 1,524,635

$ 22,235

$ 187,562

$ 111,652

$ 247,078

$ 268,730

$ 139,928

$

10

$ 2,454,860

$ 22,235

- $

Teva
Amount

$

14,412
14,666
14,666
14,666
14,666
14,666
14,260
14,260
14,260
14,260
14,260
14,260
14,260
-

48,255

$ 139,928

$ 106,893

$

930,225

The projections are the amounts the City would receive pursuant to the settlement agreement if all relevant facts and circumstances were to remain
unchanged. The relevant facts and circumstances, including but not limited to current levels of State and Subdivision participation, are subject to change
and thus, there are no guarantees regarding the amounts or timing of any future payment(s). The amounts and timing of any future payments will be
governed by the terms of the Settlement agreements. Projections as of March 2026.
Payment timing and amounts are subject to change and may be affected by, among other things, increased participation in a State, a State's eligibility for
Incentive Payment D, and suspensions or offsets related to Later Litigating Subdivisions. Payment timing and amounts may also be affected by the Prepayment Option and/or Significant Financial Constraint provisions of the Distributor Settlement Agreement. Additionally, these calculations do not take into
account any Settlement Fund Administrator costs and fees that exceed the available interest accrued in the Settlement Fund.
1

Opioid settlement revenue represents funds received from national opioid litigation settlements and judgements.

Q1 2026 Financial Report - 25

64

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Opioid Abatement Expenditures
Section 5 of the interlocal agreement states that each jurisdiction is to reserve 10% of the settlement
payments to cover the administration of the Opioid Abatement Council.
Section 5. Administration of PCOAC and Expenses. Pierce County agrees to provide for the administration of
the PCOAC through the Pierce County Auditor’s Office as outlined in this Agreement. The Pierce County
Auditor’s Office (Administrator) will serve as the administrator for PCOAC and shall perform all administrative
functions, including scheduling of meetings, making reports publicly available, maintaining a public
dashboard, preparing a report for consideration of the PCOAC at its annual meeting, and other such tasks as
assigned by the Chair.
Administrative Expenses. 10% of the Opioid Funds received by the Parties will be reserved by each Party, on
an annual basis, for administrative costs related to the PCOAC. Administrative costs are limited to 10% and
every effort shall be made to keep administrative costs below 10%. The Administrator shall provide itemized
invoices for all administrative expenses to each of the Parties before the end of each fiscal year. Each Party
will be billed by the Administrator a pro-rated amount based on the overall percentage each Party annually
receives in direct allocation from the Trustee. Any reserved funds that exceed a party’s pro-rated share of the
administrative costs will be reallocated to each Party for Approved Purposes under the MOU.
Expenditures:




$2,165.37 for 2023 Opioid Abatement Council Administrative Fees
$2,458.66 for 2024 Opioid Abatement Council Administrative Fees
$1,330.16 for 2025 Opioid Abatement Council Administrative Fees

Opioid Settlement Revenue:


$10.25 2025 for Opioid Settlement Proceeds.

Q1 2026 Financial Report - 26

65

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Seizure Funds
Fund 180 Narcotics Seizure Fund
The purpose of this fund is for tracking assets seized as a result of involvement with the illegal sale, possession,
or distribution of drugs or controlled substances, and for the purchase of controlled substances or drugs by
law enforcement officers or agents, as well as other expenses to enhance and improve law enforcement
activities having a close and demonstrable relationship to enforce enforcement of controlled substances.
Funds may not be used to supplant existing funding sources.
Fund 180 - Narcotics Seizure
Year-to-date through March
2024
2025
Annual
Annual
Actual
Actual
Sources:
Forfeitures
Law Enforcement Contracts
Interest /Misc
Total Sources
Uses:
Investigations
Capital
Total Uses
Sources Over/(Under) Uses
Beginning Balance
Ending Balance

$ 24,332
16,891
2,347
$ 43,569

$

$

76,875
41,359
$ 118,234 $
$ (74,665) $
$ 76,230 $
$ 1,564 $

2026
Annual
YTD
Budget
Actual

65,897 $
- $ 54,104
17,948
18,385
4,222
836
842
84,680 $ 18,385 $ 59,168

56,829
56,829
27,851
1,564
29,415

47,800
32,960
$ 47,800 $ 32,960
$ (29,415) $ 26,208
$ 29,415 $ 29,415
$
- $ 55,624

Fund 181 Felony Seizure Fund
The state statute authorizes the seizure of assets that have been or was actually employed as an
instrumentality in the commission or in the aiding or abetting in the commission of any felony, or which
was furnished or was intended to be furnished by any person in the commission of, as a result of, or as a
compensation for the commission of, any felony, or which was acquired in whole or in part with the
proceeds traceable to the commission of a felony. Funds shall be used exclusively by the City in the
expansion and improvement of law enforcement activity; however, may not be used to supplant existing
funding sources.
Fund 181 - Felony Seizure
Year-to-date through March
2024
2025
Annual
Annual
Actual
Actual
Sources:
Forfeitures
Interest /Misc
Total Sources
Uses:
Investigations
Capital Purchases
Total Uses
Sources Over/(Under) Uses
Beginning Balance
Ending Balance

$
$

100
681
781

$
$

9,084
13,288
$ 22,372 $
$ (21,592) $
$ 22,371 $
$
779 $

Q1 2026 Financial Report - 27

10,346
138
10,484

2026
Annual
YTD
Budget
Actual
$
$

10,832
10,832 $
(348) $
779 $
431 $

-

$ 4,477
2
$ 4,479

431
124
431 $ 124
(431) $ 4,355
431 $ 431
- $ 4,786

66

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Fund 182 Federal Seizure Fund
The Federal Equity Sharing Guidelines lists the following (funds shall be used to increase or supplement
and not be used to replace or supplant):
Permissible Uses: law enforcement investigations; law enforcement training, law enforcement and
detention facilities; law enforcement equipment; law enforcement travel and transportation; law
enforcement awards and memorials; drug and gang education awareness programs; matching fund for
grants; pro rata funding of the law enforcement agency’s percentage of costs associated with supporting
multi-agency items or facilities; asset accounting and tracking of expenditures of federally shared funds;
language assistance services in connection with law enforcement activity; transfers of cash to other law
enforcement agencies; support of community-based programs (cash transfers to community-based
programs are not permitted); and windfall situations to provide additional support to community –based
programs.
Impermissible Uses: Salaries and benefits of permanent law enforcement personnel, except in limited
circumstances (i.e. express statutory authorization, overtime of officers and investigators, new positions and
temporary or not-to-exceed one year appointments and salary of an officer hired to replace an officer
assigned to a task force, specialized programs that generally to not involve traditional law enforcement
functions); use of forfeited property by non-law enforcement personnel; payment of education-related
costs; uses contrary to the laws of the state or local jurisdiction; non-official government use of shared
assets; personal or political use of shared assets; purchase of food and beverage (except for conference and
meals during local operations); extravagant expenditures or wasteful expenditures and entertainment; cash
on hand, secondary accounts, and stored value cards (such as prepaid credit cards); transfers to other law
enforcement agencies; purchase of items for other law enforcement agencies; costs related to lawsuits;
loans; and money laundering operations.
Fund 182 - Federal Seizure
Year-to-date through March
2024
2025
Annual
Annual
Actual
Actual
Sources:
Forfeitures
Interest/Misc
Total Sources
Uses:
Crime Prevention
Capital Purchases
Total Uses
Sources Over/(Under) Uses
Beginning Balance
Ending Balance

$ 11,243
303
$ 11,546

$
$
$
$

$
$

892
12,554
13,446 $
(1,900) $
4,671 $
2,772 $

Q1 2026 Financial Report - 28

24,835
287
25,121

2026
Annual
YTD
Budget
Actual
$
$

-

$
$

10
10

26,663
1,230
26,663 $ 1,230 $
(1,542) $ (1,230) $
10
2,772 $ 1,230 $ 1,230
1,230 $
- $ 1,239

67

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Fund 195 Public Safety Grants
The purpose of this fund is to account for the revenues and expenditures related to public safety grants.
The following table provides a financial summary of these grants.
2026
Public Safety Grants
Annual Budget
YTD March
Washington Traffic Safety Commission (WTSC) Distracted Driving
4,000
Washington Traffic Safety Commission (WTSC) DUI
4,000
2,526
Washington Traffic Safety Commission (WTSC) Speeding
4,000
Washington Traffic Safety Commission (WTSC) Motorcycle
4,000
Washington Traffic Safety Commission (WTSC) Seatbelts
4,000
Washington State Military Department - Emergency Management (EMPG)
25,005
Dept. of Justice - Bulletproof Vest Partnership
1,273
Washington Auto Theft Prevention Authority (WATPA)
368,799
30,570
Washington State Criminal Justice Training Commission - Wellness Program
42,099
Dept. of Justice - JAG - Unmanned Ground System (UGS) or Tactical Robot
39,064
Washington State Criminal Justice Training Commission - Wellness Program
4,107
1,040
Department of Commerce - Office of Firearm Safety and Violence Prevention - Secured Cage
8,529
Total $
508,876 $
34,136
Year-to-date through March 2026
Beginning
Ending
Public Safety Grants
Balance
Revenue Expenditure Balance
Washington Traffic Safety Commission (WTSC) Distracted Driving
Washington Traffic Safety Commission (WTSC) DUI
2,526
2,526
Washington Traffic Safety Commission (WTSC) Speeding
Washington Traffic Safety Commission (WTSC) Motorcycle
Washington Traffic Safety Commission (WTSC) Seatbelts
Washington State Military Department - Emergency Management (EMPG)
Dept. of Justice - Bulletproof Vest Partnership
Washington Auto Theft Prevention Authority (WATPA)
30,570
30,570
Dept. of Justice - JAG - Real Time Crime Center
Dept. of Justice - JAG - Unmanned Ground System (UGS) or Tactical Robot
Washington State Criminal Justice Training Commission - Wellness Program
1,040
1,040
Department of Commerce - Office of Firearm Safety & Violence Prevention - Secured Cage
Total $
$
34,136 $
34,136 $
-

Q1 2026 Financial Report - 29

68

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1/10th of 1% (0.10%) Sales Tax for Public Safety
House Bill 2015, enacted during the 2025 Washington State legislative session, authorized cities and
counties to impose a one-tenth of one percent (0.1%) sales and use tax to fund public safety services, giving
local governments a dedicated revenue source to respond to growing demands on their criminal justice
systems. In April 2026, the City Council adopted the tax via Ordinance No. 850, enabling the collection of
approximately 10 cents on every $100 of taxable purchases, with funds retained and directed at the local
level. A significant share of this revenue is expected to support public defense, as cities face increasing
pressure to meet state-imposed standards for indigent defense services, including limits on attorney
caseloads, requirements for adequate staffing, and access to support services such as investigators and
interpreters. These mandates have substantially increased the cost of providing constitutionally required
legal representation, and the new tax provides a mechanism for jurisdictions to expand contracts, hire
additional attorneys, and improve the quality and timeliness of defense services while maintaining
compliance with those requirements.
The public safety sales and use tax is effective July 1. 2026. The first full distribution of taxes will occur with
the September 2026 distribution period with the potential for some exceptions in July and August due to
payments received prior to the due date.
0.10% Sales Tax for Public Safety
Year-to-date through March

Month
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total YTD
Annual Total

2024 Actual
$

$
$

2025 Actual
-

-

-

$
$

Over / (Under)
2026 Actual vs 2025 Actual
2026 Actual vs Budget
Budget
Actual
$
%
$
%
$
- $
- $
115,256
115,390
118,763
113,868
110,006
126,716
$
$
$
- $
$
700,000
n/a
n/a
n/a
n/a
n/a
2026

-

Q1 2026 Financial Report - 30

69

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MUNICIPAL COURT
Effective January 2015, as part of the new contracts, fines and forfeiture revenues from the Town of
Steilacoom and City of University Place are no longer retained by the City, other than for past cases.
Revenues from 2015 cases and forward are collected by the City and remitted on a monthly basis to the
contract jurisdictions (City of DuPont, City of University Place and Town of Steilacoom). The City of University
Place contract ended in December 2020.
Municipal Court Fines & Forfeitures
Year-to-date through March
Month
2024
Jan
$
17,204 $
Feb
21,711
Mar
23,901
Apr
22,347
May
28,727
Jun
20,464
Jul
20,758
Aug
23,795
Sep
30,268
Oct
34,347
Nov
30,498
Dec
17,216
Total YTD
$
62,816 $
Total Annual $
291,236 $
5-Year Ave Change (2021 - 2025):

Over / (Under)
2026 Actual vs 2025 Actual
2026 Actual vs Budget
2025
Budget
Actual
$
%
$
%
17,969 $
19,770 $
24,709 $
6,740
37.5% $
4,939
25.0%
28,985
22,502
22,264
(6,721)
-23.2%
(238)
-1.1%
24,969
22,047
26,432
1,463
5.9%
4,385
19.9%
37,692
32,774
33,675
25,886
34,253
24,037
39,323
24,889
30,659
20,799
30,859
21,957
40,346
22,890
27,391
22,721
(35,834)
3,327
71,923 $
64,320 $
73,406 $
1,483
2.1% $
9,086
14.1%
310,287 $ 263,600
n/a
n/a
n/a
n/a
n/a
-8.6%
Dec 2025 negative revenue due to change in current & prior year accounts receivable.
2026

Municipal Court Fines & Forfeitures
Year-to-date through March
2025
2026

2024
Annual
YTD
Annual
Category
Actual
Actual
Actual
Budget
Admin, Filing, Copy, Forms,
$ 16,445 $ 25,601 $ 4,240 $ 12,000
Detention & Correction Services
39,876
37,935
12,785
38,700
Civil Penalties
279
560
123
100
Civil Infraction Penalties
183,774 215,671
52,834 166,800
Civil Parking Infractions
1,420
559
299
900
Criminal Traffic Misdemeanor
5,583
6,207
655
8,800
Criminal Non-Traffic Fines
9,562
(1,925)
(5,526)
6,800
Court Cost Recoupment
7,572
6,590
1,226
7,500
Interest/Other/Misc
26,725
19,089
5,288
22,000
Total
$291,236 $310,287 $ 71,923 $263,600

Over / (Under)
Over / (Under)
2026 YTD Actual
2026 YTD Actual
YTD
Annual vs 2025 YTD Actual
vs YTD Budget
$
%
$
%
Budget
Actual
$ 3,792 $ 6,321 $ 2,081
49.1% $ 2,529
66.7%
11,433
8,660
(4,125)
-32.3%
(2,773)
-24.3%
110
172
49
39.8%
62
56.4%
47,249
50,823
(2,011)
-3.8%
3,574
7.6%
267
(299) -100.0%
(267) -100.0%
586
1,951
1,296
197.9%
1,365
233.1%
(4,942)
1,515
7,041 -127.4%
6,457 -130.7%
1,096
383
(843)
-68.8%
(713)
-65.1%
4,729
3,581
(1,707)
-32.3%
(1,148)
-24.3%
$ 64,319 $ 73,406 $ 1,483
2.1% $ 9,087
14.1%

Q1 2026 Financial Report - 31

70

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Municipal Court
Year-to-date through March
2024
Annual
Actual

2025

2026

Over / (Under)
2026 YTD Actual
vs 2025 YTD Actual
$
%

Operating
Annual
YTD
Annual
YTD
Revenues & Expenditures
Actual
Actual
Budget
Actual
Operating Revenue:
Fines & Forfeitures
$
291,236 $
310,287 $
71,923 $
263,600 $
73,406 $
1,483
Court Services - Town of Steilacoom
66,242
88,476
23,229
113,354
24,285
1,056
Court Services - City of DuPont
361,044
250,878
60,039
108,994
39,007
(21,032)
Total Operating Revenues
$
718,522 $
649,641 $
155,191 $
485,948 $
136,698 $ (18,493)
Operating Expenditures:
Judicial Services
1,216,631
1,117,355
385,531
1,196,405
433,163
47,632
Professional Services*
96,818
77,747
14,799
55,000
11,681
(3,118)
Probation & Detention
233,887
257,771
71,021
351,181
32,840
(38,181)
Total Operating Expenditures
$ 1,547,336 $ 1,452,873 $
471,351 $ 1,602,587 $
477,684 $
6,333
Public Defender**
$
721,278 $ 1,002,262 $
124,250
1,347,000
208,841
84,591
Net Operating Revenue (Cost)
$ (1,550,092) $ (1,805,494) $
(440,410) $ (2,463,639) $ (549,827) $ (109,417)
*Professional Services includes Pro-Tem Judge, Jury/Witness Fees and interpreter services.
**Public Defender is accounted for under Non-Departmental beginning in 2023.

2.1%
4.5%
-35.0%
-11.9%
12.4%
-21.1%
-53.8%
1.3%
68.1%
24.8%

The following charts provides current and historical filings and fines & forfeitures for Lakewood (does not
include photo infraction filings and revenues).

Q1 2026 Financial Report - 32

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Q1 2026 Financial Report - 33

72

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Q1 2026 Financial Report - 34

73

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Filings and Hearings by Jurisdiction – YTD Totals

Annual Totals
2026 YTD Mar
Lakewood
University Place
Steilacoom
DuPont
2025
Lakewood
University Place
Steilacoom
DuPont
2024
Lakewood
University Place
Steilacoom
DuPont
2023
Lakewood
University Place
Steilacoom
DuPont
2022
Lakewood
University Place
Steilacoom
DuPont
2021
Lakewood
University Place
Steilacoom
DuPont
2020
Lakewood
University Place
Steilacoom
DuPont
2019
Lakewood
University Place
Steilacoom
DuPont
2018
Lakewood
University Place
Steilacoom
DuPont
2017
Lakewood
University Place
Steilacoom
DuPont
2016
Lakewood
University Place
Steilacoom
DuPont
2015
Lakewood
University Place
Steilacoom
DuPont

FILINGS
Infraction
s
Criminal
899
546
502
498
24
20
373
28
1,343
570
844
532
4
119
23
376
15
1,135
559
423
536
12
77
15
623
8
1,050
394
377
364
2
69
17
602
13
535
477
204
428
3
1
280
28
48
20
807
488
649
431
6
4
87
26
65
27
1,327
668
957
559
114
53
150
31
106
25
1,320
614
929
506
90
50
215
41
86
17
1,717
911
1,112
701
107
77
260
57
238
76
2,052
717
1,512
520
110
97
141
40
289
60
1,944
871
1,478
630
68
75
158
36
240
130
3,640
1,151
3,141
919
89
134
205
57
205
41

HEARINGS
Total
Total
Filings Infractions Criminal Hearings
1,445
357
2,581
2,938
1,000
163
2,408
2,571
6
6
44
14
73
87
401
180
94
274
1,913
519
3,039
3,558
1,376
258
2,869
3,127
4
12
12
142
43
98
141
391
218
60
278
1,694
395
3,331
3,726
959
154
3,120
3,274
12
16
16
92
26
124
150
631
215
71
286
1,444
327
2,619
2,946
741
103
2,394
2,497
2
3
40
43
86
36
109
145
615
185
76
261
1,012
188
2,699
2,887
632
96
2,421
2,517
4
1
87
88
308
74
101
175
68
17
90
107
1,295
350
2,371
2,721
1,080
273
2,062
2,335
10
19
151
170
113
34
80
114
92
24
78
102
1,995
781
3,020
3,801
1,516
623
2,532
3,155
167
76
308
384
181
44
90
134
131
38
90
128
1,934
616
3,637
4,253
1,435
435
2,895
3,330
140
81
402
483
256
74
190
264
103
26
150
176
2,628
604
3,347
3,951
1,813
432
2,591
3,023
184
47
367
414
317
66
151
217
314
59
238
297
2,769
645
3,393
4,038
2,032
482
2,586
3,068
207
46
465
511
181
33
156
189
349
84
186
270
2,815
645
3,043
3,688
2,108
473
2,338
2,811
143
31
341
372
194
51
139
190
370
90
225
315
4,791
1,238
3,189
4,427
4,060
1,166
2,740
3,906
223
72
449
521
262
246
-

Q1 2026 Financial Report - 35

Photo/Camera

Filings Hearings
4,109
172
3,005
88
1,104
84
4,566
236
3,491
104
1,075
132
8,086
531
3,989
81
4,097
450
5,165
121
5,165
121
5,436
106
5,436
106
4,444
27
4,444
27
4,162
89
4,162
89
3,294
98
3,294
98
3,241
87
3,241
87
3,338
100
3,338
100
3,747
83
3,747
83
2,520
112
2,520
112
74

Return to Agenda

Filings and Hearings by Jurisdiction – Annual Totals

FILINGS
Annual Totals
2025
Lakewood
University Place
Steilacoom
DuPont
2024
Lakewood
University Place
Steilacoom
DuPont
2023
Lakewood
University Place
Steilacoom
DuPont
2022
Lakewood
University Place
Steilacoom
DuPont
2021
Lakewood
University Place
Steilacoom
DuPont
2020
Lakewood
University Place
Steilacoom
DuPont
2019
Lakewood
University Place
Steilacoom
DuPont
2018
Lakewood
University Place
Steilacoom
DuPont
2017
Lakewood
University Place
Steilacoom
DuPont
2016
Lakewood
University Place
Steilacoom
DuPont
2015
Lakewood
University Place
Steilacoom
DuPont

Infractions
4,808
2,992
4
324
1,488
5,418
2,094
12
440
2,872
4,261
1,623
4
292
2,342
3,415
1,218
4
1,252
941
2,600
1,724
12
606
258
4,120
2,777
392
633
318
7,638
5,678
419
922
619
6,494
4,008
687
1,053
746
7,910
5,303
629
1,151
827
7,733
5,463
602
678
990
10,453
8,204
316
787
1,146

Criminal
2,169
1,993
12
90
74
2,145
2,008
92
45
1,646
1,528
74
44
1,623
1,472
1
100
50
1,576
1,395
5
87
89
2,274
1,876
201
102
95
3,050
2,481
302
188
79
3,187
2,390
340
234
223
3,097
2,235
396
204
262
3,569
2,623
409
162
375
4,197
3,308
458
197
234

HEARINGS
Total
6,977
4,985
16
414
1,562
7,563
4,102
12
532
2,917
5,907
3,151
4
366
2,386
5,038
2,690
5
1,352
991
4,176
3,119
17
693
347
6,394
4,653
593
735
413
10,688
8,159
721
1,110
698
9,681
6,398
1,027
1,287
969
11,007
7,538
1,025
1,355
1,089
11,302
8,086
1,011
840
1,365
14,650
11,512
774
984
1,380

Infractions
2,106
1,223
3
168
712
1,958
680
2
139
1,137
1,606
574
5
145
882
914
407
2
296
209
1,201
929
42
160
70
2,408
1,788
242
226
152
2,710
2,070
194
301
145
2,392
1,608
264
313
207
2,615
1,890
227
266
232
2,581
1,933
199
179
270
4,806
4,569
237
-

Q1 2026 Financial Report - 36

Criminal
11,289
10,605
104
321
259
11,554
10,864
64
398
228
10,967
10,051
156
436
324
10,229
9,213
210
476
330
8,713
7,694
393
327
299
10,762
9,005
1,067
374
316
14,346
11,598
1,655
596
497
13,724
10,727
1,585
604
808
13,055
9,898
1,843
583
731
12,414
9,567
1,583
487
777
12,322
10,784
1,538
-

Photo/Camera
Total
13,395
11,828
107
489
971
13,512
11,544
66
537
1,365
12,573
10,625
161
581
1,206
11,143
9,620
212
772
539
9,914
8,623
435
487
369
13,170
10,793
1,309
600
468
17,056
13,668
1,849
897
642
16,116
12,335
1,849
917
1,015
15,670
11,788
2,070
849
963
14,995
11,500
1,782
666
1,047
17,128
15,353
1,775
-

Filings
18,890
13,441
5,449
26,979
16,426
10,553
27,044
17,473
9,571
19,004
19,004
20,982
20,982
10,143
10,143
16,644
16,644
15,680
15,680
14,413
14,413
15,107
15,107
10,761
10,761
-

Hearings
849
426
423
1,594
402
1,192
714
340
374
380
380
351
351
267
267
298
298
333
333
364
364
398
398
368
368
-

75

Return to Agenda

PLANNING & PUBLIC WORKS
Business License
Businesses located or doing business in the City are required to obtain a local business license prior to
commencing operations. Business license fees are set by the City Council and may change from time to
time. Currently, the cost of a general business license is $90 for a 12-month period. Additional fees may
apply to specialty businesses. Organizations exempt from taxation under 26 USC 501(C)(3) and (4) must
apply and obtain a business license, but are exempt from the business license fee. The number of business
licenses in a given year range between 3,800 – 4,200 with roughly 3,800 renewals annually.

Business License
Year-to-date through March
2026

Month
2024 Actual 2025 Actual
Budget
Actual
Jan
$
31,685 $
31,975 $ 42,195 $ 41,173
Feb
25,285
35,673
37,761
38,298
Mar
30,435
48,272
51,025
59,728
Apr
25,970
39,320
37,858
May
26,435
36,538
37,420
Jun
23,590
35,485
36,559
Jul
24,195
38,205
37,317
Aug
23,205
32,573
35,036
Sep
20,660
33,929
32,624
Oct
23,250
34,418
33,652
Nov
18,220
33,210
32,276
Dec
25,385
43,372
41,578
Total YTD
$
87,405 $ 115,920 $ 130,980 $ 139,199
Annual Total
$ 298,315 $ 442,970 $ 455,300
n/a
5-Year Ave Change (2021 - 2025):
11.4%

Over / (Under)
2026 Actual vs 2025 Actual 2026 Actual vs Budget
$
%
$
%
$
9,198
28.8% $ (1,022)
-2.4%
2,625
7.4%
537
1.4%
11,456
23.7%
8,703
17.1%
$
23,279
20.1% $ 8,219
6.3%
n/a
n/a
n/a
n/a

Business License By Type
Year-to-date through March

Month
General
Specialty
Total

Over / (Under)
2024
2026 YTD Actual vs
Annual
2025
2026
2025 YTD Actual
YTD Actual
YTD Actual
Actual
Annual
Budget
$
%
$
288,040 $ 422,170 $ 100,370 $ 444,300 $ 120,549 $ 20,179
20.1%
10,275
20,800
15,550
11,000
18,650
3,100
19.9%
$
298,315 $ 442,970 $ 115,920 $ 455,300 $ 139,199 $ 23,279
20.1%

Q1 2026 Financial Report - 37

76

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City Tree Fund
The City collects money for its City Tree Fund as payment in lieu of onsite tree replacement for removal of
trees in excess of retention requirements, and as mitigation for oak trees removed in conjunction with
development projects. The City has an obligation to spend the funds received for planting of trees to
include oak trees and activities intended to improve Oregon White Oak Woodland habitat as well as
improving the health of current or new tree and natural areas citywide.

City Tree Fund
Date
Received From / Project
9/15/2009 Claude Remy: Mitigate oak tree removal for Gravelly Lake
Brownstones Development.
11/23/2009 Claude Remy: Mitigate oak tree removal for Gravelly Lake
Brownstones Development.
12/31/2009 Parks Tree Planting - Oak Prairie Mediations: attempt (unsuccessful)
to replant Garry Oak trees in Fort Steilacoom Park.
10/8/2013 Claude Remy: Mitigate oak tree removal for Gravelly Lake
Brownstones Development.
11/10/2015 Clover Park School District
4/26/2017 Pierce County Restoration Project: purchase of small oak trees for
planting.
5/16/2017 Jeffrey Edwards Trust
Fine imposed for fir tree removal without City permit.
8/24/2017 Beaumont Grand
12/31/2017 Fort Steilacoom Park Waughop Lake and Angle Lane: trees & shrubs.

Sources
Uses
$
5,000 $
-

12/31/2017 Fort Steilacoom Park Waughop Lake:
Trees & shrubs, irrigation and contractor services.
12/31/2018 Removal of 33 trees at Fort Steilacoom Park by Stumpy Tree Service.
12/31/2019 FSP South Angle Lane Parking & Trail: trees, shrubs and
landscaping services.
12/31/2021 Megan Court: Applicant submitted cash guarantee in lieu of providing
the required landscaping within the Farwest Drive SW right-of-way.
8/18/2023 Pannatoni Property 4705 123rd St SW. Industrial warehouse project
located in the Springbrook neighborhood.
4/1/2025 American Lake Park Capital Project for Barcott Construction
Life-to-date Totals & Available Balance at @ March 31, 2026
$

Q1 2026 Financial Report - 38

Balance
$
5,000

8,230

-

13,230

-

379

12,851

7,560

-

20,411

8,000
-

2,000

28,411
26,411

82,000

108,411

6,400
-

9,321

114,811
105,490

-

6,044

99,446

-

24,000
20,000

75,446
55,446

1,050

-

56,496

417,600

-

474,096

25,000
86,744 $

449,096
449,096

535,840 $

77

Return to Agenda

Development Services Permits & Fees
Development Services Permits & Fees include revenues from Community & Economic Development (Fund
001 General Fund) and Public Works Engineering Services (Fund 101 Street Engineering and Fund 401 SWM
Engineering).
Community and Economic Development permits and fees include building and related permits (i.e.
mechanical, plumbing), plan review fees, plan check fees and zoning and development fees. Public Works
Engineering permits and fees include oversize load permits, right-of-way permits, site development
permits, street vacation permits, street opening permits and engineering review services.
Total - Development Services Permits & Fees
Year-to-date through March
Month
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total YTD
Total Annual

2026

2024 Actual
2025 Actual
Budget
Actual
$
237,176 $
189,593 $
281,949 $
188,131
151,633
164,540
202,166
283,253
410,036
3,941,064
1,170,737
263,394
319,179
229,855
330,212
2,222,216
377,450
986,548
210,974
156,329
256,360
187,622
156,255
247,168
310,285
216,173
306,751
262,515
204,193
237,665
655,693
302,541
405,396
248,864
479,003
324,891
379,153
603,338
451,520
$
798,845 $ 4,295,197 $ 1,654,852 $
734,778
$ 5,595,346 $ 7,020,333 $ 5,201,360
n/a
5-Year Ave Change (2021 - 2025):
39.7%

Over / (Under)
2026 Actual vs 2025 Actual
2026 Actual vs Budget
$
%
$
%
$
(1,462)
-0.8% $
(93,818)
-33.3%
118,713
72.1%
81,087
40.1%
(3,677,670)
-93.3%
(907,343)
-77.5%
$ (3,560,419)
-82.9% $ (920,074)
-55.6%
n/a
n/a
n/a
n/a

Q1 2026 Financial Report - 39

78

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Building Permit Fees
Year-to-date through March
Month
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total YTD
Total Annual

2026

2024 Actual 2025 Actual
Budget
Actual
$
159,936 $
107,946 $
120,571 $
119,267
87,050
106,810
85,826
219,115
174,032
3,615,416
889,878
120,697
210,742
91,536
162,342
877,786
150,926
282,449
87,745
65,904
107,649
96,509
86,406
111,321
131,621
138,061
125,469
188,505
127,436
127,726
544,755
198,706
235,460
154,985
428,065
163,775
180,556
118,720
100,892
$
421,018 $ 3,830,172 $ 1,096,275 $
459,079
$ 2,894,222 $ 5,235,932 $ 2,513,360
n/a
5-Year Ave Change (2021 - 2025):
72.0%

Over / (Under)
2026 Actual vs 2025 Actual
2026 Actual vs Budget
$
%
$
%
$
11,321
10.5% $
(1,304)
-1.1%
112,305
105.1%
133,289
155.3%
(3,494,719)
-96.7%
(769,181)
-86.4%
$ (3,371,093)
-88.0% $ (637,196)
-58.1%
n/a
n/a
n/a
n/a

n 202

place by the C

Council. Investmen62.7 million), commercial remodels ($42.3 million), new

Q1 2026 Financial Report - 40

79

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Plan Review/Plan Check Fees
Year-to-date through March

2026

Month
2024 Actual 2025 Actual
Budget
Actual
Jan
$
52,318 $
47,446 $
128,560 $
29,465
Feb
45,787
40,202
91,303
38,501
Mar
197,490
276,681
250,605
45,911
Apr
56,257
73,865
127,544
May
1,296,927
197,910
668,888
Jun
69,637
67,494
111,961
Jul
61,147
42,926
106,331
Aug
150,451
33,538
147,522
Sep
46,729
32,112
83,191
Oct
73,849
49,433
126,925
Nov
38,975
35,002
127,455
Dec
164,031
176,717
294,213
Total YTD
$ 295,595 $
364,329 $
470,469 $
113,877
Total Annual
$ 2,253,598 $ 1,073,326 $ 2,264,500
n/a
5-Year Ave Change (2021 - 2025):
8.7%

Over / (Under)
2026 Actual vs 2025 Actual
2026 Actual vs Budget
$
%
$
%
$
(17,981)
-37.9% $
(99,095)
-77.1%
(1,701)
-4.2%
(52,802)
-57.8%
(230,770)
-83.4%
(204,694)
-81.7%
$
(250,452)
-68.7% $ (356,592)
-75.8%
n/a
n/a
n/a
n/a

Q1 2026 Financial Report - 41

80

Return to Agenda

Zoning/Development Fees
Year-to-date through March

2026

Month
2024 Actual
2025 Actual
Budget
Actual
Jan
$
5,490 $
8,450 $
7,356 $
8,699
Feb
7,535
11,409
4,056
5,617
Mar
7,605
14,290
4,743
77,264
Apr
14,975
6,207
6,335
May
14,950
10,850
7,826
Jun
3,500
6,701
4,478
Jul
17,590
5,013
5,215
Aug
14,560
13,424
7,135
Sep
9,750
5,859
7,056
Oct
9,375
13,359
4,437
Nov
18,100
(1,409)
5,922
Dec
11,875
288,427
32,940
Total YTD
$
20,630 $
34,149 $
16,156 $
91,580
Total Annual
$
135,305 $
382,580 $
97,500
n/a
5-Year Ave Change (2021 - 2025):
22.6%

Over / (Under)
2026 Actual vs 2025 Actual
2026 Actual vs Budget
$
%
$
%
$
249
2.9% $
1,343
18.3%
(5,792)
-50.8%
1,561
38.5%
62,974
440.7%
72,521
1528.8%
$
57,431
168.2% $
75,424
466.9%
n/a
n/a
n/a
n/a

Q1 2026 Financial Report - 42

81

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Street Engineering - ROW Permits & Fees
Year-to-date through March
Month
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total YTD
Total Annual

2024 Actual
$
12,762
7,121
20,329
15,585
20,133
32,612
10,996
11,353
11,346
18,514
21,164
13,951
$
40,212
$
195,866
5-Year Ave Change (2021 - 2025):

2026

2025 Actual
Budget
$
17,931 $
20,896
5,659
18,735
24,097
21,127
39,387
25,369
12,764
22,932
11,230
26,986
21,910
21,881
31,150
23,542
38,786
18,438
41,043
32,244
17,345
23,376
19,474
20,476
$
47,687 $
60,756
$
280,775 $
276,000
8.0%

Actual
30,700
20,020
19,522
$
70,242
n/a
$

Over / (Under)
2026 Actual vs 2025 Actual
2026 Actual vs Budget
$
%
$
%
$
12,769
71.2% $
9,804
46.9%
14,361
253.8%
1,285
6.9%
(4,575)
-19.0%
(1,605)
-7.6%
$
22,555
47.3% $
9,486
15.6%
n/a
n/a
n/a
n/a

Q1 2026 Financial Report - 43

82

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Surface Water Management - Permits & Fees
Year-to-date through March

Month
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total YTD
Total Annual

Over / (Under)
2026 Actual vs 2025 Actual
2026 Actual vs Budget
Actual
$
%
$
%
$
- $
- $
$
$
- $
n/a
n/a
n/a
n/a
n/a

2026

2024 Actual
2025 Actual
Budget
$
6,670 $
7,820 $
4,567
4,140
460
2,245
10,580
10,580
4,383
21,620
18,860
8,621
12,420
5,000
4,453
17,480
5,000
5,286
1,380
2,419
2,300
3,082
6,185
1,254
9,200
6,330
15,640
4,362
8,740
2,998
$
21,390 $
18,860 $
11,194
$
116,355 $
47,720 $
50,000
-8.9%
5-Year Ave Change (2021 - 2025):

Q1 2026 Financial Report - 44

83

Return to Agenda

Cost Recovery – Development Services
In May 2016, the City Council adopted a set of revised financial policies to include cost recovery. The
following is an excerpt of the cost recovery policy as it relates specifically to target cost recovery for
development review services:
Target Cost Recovery Level for Development Review Services. The cost recovery policy
applies to the following development programs/services: planning (long and short plats,
privately initiated re-zonings and comprehensive plan amendments, variances, use
permits); building and safety (building permits, structural plan checks, inspections);
engineering (public improvement plan checks, inspections, subdivision requirements,
encroachments, right-of-way permits); and fire plan check. Cost recovery for these services
should generally be very high. In most instances, the City's cost recovery ratio goal should
be 85%. The timeline to achieve the cost recovery is no later than year 2021. In setting cost
recovery levels, the City shall clearly establish and articulate performance measurements
to ensure that there is “value for cost.”
General fund subsidy and cost recovery ratio is provided below.

Operating Revenues:
Building Related Permits
Plan Review/Plan Check Fees
Other Zoning/Development Fees
Oversize Load Permits
ROW Permits
Site Development Permits
Other PWE Permits & Fees
Total Operating Revenue $
Operating Expenditures:
Current Planning
Building
Development Services
Total Operating Expenditures $
General Fund Subsidy Amount
$
Recovery Ratio

2021
Annual
Actual

Development Services Permits & Fees
Planning & Public Works
Year-to-date through March
2022
2023
2024
Annual
Annual
Annual
Actual
Actual
Actual

1,138,728
1,023,599
1,277,069
747,948
637,074
958,219
179,462
155,433
112,913
9,778
255
170
81,630
23,670
21,348
180,570
175,670
330,330
15,049
88,752
88,806
2,353,165 $ 2,104,453 $ 2,788,855 $
849,705
1,054,208
1,186,925
1,431,140
359,601
417,595
2,396,231 $ 2,902,943 $
43,066 $
798,490 $
98%
72%

2,894,222
2,253,598
135,305
307
20,768
221,670
69,476
5,595,346 $

2025
Annual
Actual

Annual
Budget

2026

Actual
YTD

5,235,932
2,513,360
1,073,326
2,264,500
382,580
97,500
17,721
13,230
83,500
246,786
106,100
50,760
94,700
7,020,335 $ 5,159,660 $

459,079
113,877
91,580
17,637
50,460
2,145
734,778

1,140,589
1,266,657
1,503,599
1,194,422
402,486
1,583,794
2,114,616
2,164,973
1,893,754
577,653
475,330
516,800
535,756
546,587
132,127
3,199,713 $ 3,898,073 $ 4,204,328 $ 3,634,763 $ 1,112,266
410,858 $ (1,697,273) $ (2,816,007) $ (1,524,897) $ 377,488
87%
144%
167%
142%
66%

5-Year Average Actual Recovery (2021-2025):
General Fund Subsidy
Recovery Ratio

($652,173)
114%

(2021-YTD 2026):
($480,563)
106%

Note:
- Expenditures do not include indirect overhead cost allocation for finance, human resources, legal, legislative & executive support.
- Public Works Development Services Permits includes associated revenues and expenditures accounted for in the SWM Fund;
also includes 10% overhead cost.
- High permit revenues in 2024 & 2025 is due to Western State Hospital and Alliance Project.

Q1 2026 Financial Report - 45

84

Return to Agenda

Fund 105 Property Abatement / Rental Housing Safety Program / 1406 Affordable Housing Program
Property Abatement
The Property Abatement portion of this fund accounts for projects that the City has identified and
processed through the abatement program. All revenue and the rightful recovery of those project
expenses, along with all revenues from fees, fines, and interest, and other rightful recoveries from those
projects are deposited into the program for the purpose of funding additional abatement projects.
Property Abatement
Year-to-date through March
2024
2025
Operating
Annual
Annual
Revenues & Expenditures
Actual
Actual
Operating Revenue:
Abatement Charges
$ 1,084,316 $ 184,619
Misc/Interest/Other
55,542
26,364
Total Operating Revenues
$ 1,139,858 $ 210,983
Operating Expenditures:
Personnel Costs
73,524
78,929
Supplies
440
268
Professional Services
142,620
126,469
Other Services & Charges
1,286
580
Total Operating Expenditures
$ 217,869 $ 206,245
Net Program Income (Cost)
$ 921,989 $
4,738
Other Sources / (Uses)
Transfer In From General Fund
35,000
Transfer Out To General Fund
(640,000)
Total Sources / (Uses)
$ (605,000) $
Beginning Balance
$ (154,593) $ 162,396
Ending Balance
$ 162,396 $ 167,134

2026
Annual
Budget
$

85,625
30,000
$ 115,625

YTD
Actual
$
$

3,868
3,868

80,000
16,999
500
228
201,659
1,850
600
39
$ 282,759 $ 19,116
$ (167,134) $ (15,248)
$
- $
$ 167,134 $ 167,134
$
(0) $ 151,886

Outstanding payments on abatement liens are as follows:

Outstanding Payments on Abatement Liens
As of March 31, 2026
Fund 105 Fund 191
NSP
Property Owner
Address
Lien Year Abatement
Dirk Mayberry
9616 Gravelly Lake Dr SW
2022
316,801
291,047
Lakewood Mission Baptist 12216 Pacific Hwy SW
2025
4,675
Karwan Village
2621 84th St S
2025
68,939
$291,047
Subtotal by Fund $390,416
$681,462
Total

Q1 2026 Financial Report - 46

85

Return to Agenda
D ANGER OUS BUI LDIN G & NUI SAN C E ABA TEMEN TS

C o m pleted

P erfo rm ed by C ity - By C o mpletio n Year

D ate

A m o unt Billed

By

F und 105 Abatem ent

Lien & P ay m ent Dat e

F und 191 NSP

Year
Y ear

Owner N ame

P ay m ent
To tal 105

C o st

I nterest

To tal

$ 62, 726

$ 211, 8 28

28, 074

4, 78 8

32 , 8 62

$

$

827

$

3,411

13,089

4,188

17,277

$

$

15,697

$

61,510

-

-

-

25,852

$

8,531

$

34,383

-

-

$

15,722

$

7,390

$

23,112

-

x

$

4,393

$

176

$

4,569

x

$

54,737

$

30,106

$

84,843

P ro pert y A ddress & P arcel #

Built

Start

End

$ 149, 102
8811 Forest Rd SW 98498
0219212079

1943

12/3/2013

1/2/2015

x

$

2,584

1948

2/10/2014

3/30/2015

x

$

45,813

1964

12/31/2013

7/24/2015

x

$

1955

12/31/2013

7/24/2015

x

1940

2/6/2013

7/24/2015

1910

6/23/2014

11/20/2015

2015
1
2
3

4
5

Alphonso & Isabell
Knight

Manning/Funkhouse 12116 Vernon Ave SW 98499
r

5005004720

Bella Vita

15121 Boat St SW 98498

Investments, LLC

0219212116
0219212056

Bella Vita

15123-27 88th Ave Ct SW 98498

Investments, LLC

0219212017

Bank of America

9625 Newgrove Ave SW 98498

C o st

Ow ner C ity

x

I nter est

To tal Billed

R eceiv ed

A mo unt Paid
$

244 , 689

20,687 4/30/2015

1/10/2018

$

20,687

$

61,510 4/30/2015

12/10/2018

$

61,510

-

$

34,383

10/1/2015

10/10/2019

$

34,383

-

-

$

23,112

10/1/2015

10/10/2019

$

23,112

14,985

599

15,585

$

20,154

11/3/2015

4/11/2016

$

20,154

-

-

-

$

84,843

4/29/2016

1/8/2021

$

84,843

$

-

F iled

244, 68 9

6385100190
6

Beady Bankston

9406 Winona St SW 989498
5005005340

To t al Outstanding Repay m ent s

D ANGER OUS BUI LDIN G & P UBLI C NUI SA NC ES

C o m pleted

P erfo rm ed by C ity - By C o mpletio n Year

D ate

A m o unt Billed

By

F und 105 Abatem ent

Lien & P ay m ent Dat e

F und 191 NSP

Year
Y ear

Owner N ame

P ro pert y A ddress & P arcel #

Built

P ay m ent
Start

End

2016
1
2

C o st

I nter est

To tal 105

$ 38 , 560

$

6, 657

$

45, 216

Ow ner C ity

C o st

I nterest

$

30, 377

$ 1, 604

$

3 1, 98 1

To tal

To tal Billed

F iled

R eceiv ed

77, 197

A mo unt Paid
$

77, 197

Bank of America

11014 Lakeview Ave SW 98499
5080001931

1948

3/10/2015

2/8/2016

x

$

20,227

$

607

$

20,834

$

-

$

-

$

-

$

20,834

5/18/2016

9/9/2016

$

20,834

1963

7/13/2015

5/4/2016

x

$

-

$

-

$

-

$

13,057

$

392

$

13,449

$

13,449

8/4/2016

11/8/2016

$

13,449

1984

2/29/2016

8/10/2016

x

$

18,333

$

6,050

$

24,383

$

-

$

-

$

-

$

24,383

9/29/2016

8/8/2019

$

24,383

1949

4/22/2016

10/7/2016

x

$

-

$

-

$

-

$

17,320

$

1,212

$

18,532

$

18,532

12/7/2016

7/26/2017

$

18,532

To t al Outstanding Repay m ent s

$

-

Bernie & Juanita

7305 146th St SW #2 & #3 98439

Barrett

0219221002

Bank of America

8316 Wildwood Ave SW 98498

0219221042
3

x

5005001258
4

Bank of America/

5023 101st St SW 98499

Beltran

0219114035

Q1 2026 Financial Report - 47

86

Return to Agenda
D ANGER OUS BUI LDIN G & NUI SAN C E ABA TEMEN TS

C o m pleted

P erfo rm ed by C ity - By C o mpletio n Year

D ate

A m o unt Billed

By

F und 105 Abatem ent

Lien & P ay m ent Dat e

F und 191 NSP

Year
Y ear

Owner N ame

P ay m ent

Built

Start

End

$

154 , 611

$ 20, 400

$ 175, 010

157, 43 2

$

Deutsche Bank/ Jim
Resinger

15210 Portland Ave SW 98498
0219212063

1925

5/16/2016

1/20/2017

x

$

-

$

-

$

-

$

20,661

$

9,710

$

30,371

$

David & Cornelia

11201-11203 Military Rd SW 98498

1956

5/5/2016

1/20/2017

x

$

-

$

-

$

-

$

21,177

$

1,271

$

22,447

Parkhurst

0219081033
1941

2/25/2016

2/23/2017

x

$

27,460

$

9,219

$

36,679

$

-

$

-

$

1954

8/25/2016

4/4/2017

x

$

20,392

$

204

$

20,596

$

-

$

-

1948

11/15/2016

5/11/2017

x

$

32,548

$

651

$

33,199

$

-

$
$

Ow ner C ity

2017
1
2
3

Pacific NW Pro, LLC/ 3413 86th St S 98499
Chung

0320312073

4

Loraine Allen/
FannieMae

9121 Hipkins Rd SW 98498
9455000100

5

Maria Avery Gutema 8809 Frances Folsom St SW

C o st

I nter est

To tal 105

Interest

P ro pert y A ddress & P arcel #

C o st
133, 993

To tal

R eceiv ed

A mo unt Paid
$

332 , 442

30,371 4/25/2017

5/10/2021

$

30,371

$

22,447 3/20/2017

10/11/2017

$

22,447

-

$

36,679 3/27/2017

12/10/2018

$

36,679

$

-

$

20,596

7/7/2017

9/8/2017

$

20,596

-

$

-

$

33,199

7/6/2017

11/9/2017

$

33,199

-

$

-

$

31,370

7/6/2017

12/9/2020

$

31,370

$ 12,257

$

54,523

$

54,523

10/4/2017

4/10/2020

$

54,523

23 , 438

To tal Billed

F iled

3 32, 4 42

98498
6

6385300202
Eun Taek Yi/ Bankers 11618 Pacific Highway SW 98499
Ins. Co.
0219126003

1974

9/1/2016

5/17/2017

x

$

22,407

$

8,963

$

31,370

$

-

7

Terry & Tangi Seals

1978

1/25/2017

7/28/2017

x

$

-

$

-

$

-

$

42,266

1948

3/8/2017

7/26/2017

x

$

17,504

$

-

$

17,504

$

-

$

-

$

-

$

17,504

10/4/2017

1/10/2018

$

17,504

1935

2/21/2017

10/2/2017

x

$

1,031

$

-

$

1,031

$

-

$

-

$

-

$

1,031

n/a

10/16/2017

$

1,031

1963

12/22/2016

10/3/2017

x

$

-

$

-

$

-

$

4,001

$

200

$

4,201

$

4,201

12/4/2017

6/8/2018

$

4,201

2622 92nd St So 98499
0320314076

8
9
10

Wilmington Savings 11219 Military Rd SW 98498
Fund

0219085014

Jin Li Hu (Colonial
Motel)

12117 Pacific Hwy SW 98499
0219114106

Milmor Lumber Mfg., 15001 Woodbrook Dr SW 98439
Inc.

0219232027

11

William Chung/BA & 9704 South Tacoma Way 98499
C Prop Mgt
0219011127

1938

8/21/2012

11/2/2017

x

$

31,666

$

1,267

$

32,932

$

-

$

-

$

-

$

32,932

12/5/2017

6/8/2018

$

32,932

12

Terry & Tangi Seals

1970

1/25/2017

11/9/2017

x

$

-

$

-

$

-

$

45,888

$

-

$

45,888

$

45,888

12/6/2017

9/27/2019

$

45,888

1949

6/14/2017

12/30/2017

$

1,603

$

96

$

1,699

$

-

$

-

$

-

$

1,699

1/18/2019

8/8/2019

$

1,699

$

-

2616 92nd St S 98499
0320314055

13

TD Bank/James &

14618 W Thorne Ln SW 98498

Jean Olson

2200000050

x

To t al Outstanding Repay m ent s

Q1 2026 Financial Report - 48

87

Return to Agenda
D ANGER OUS BUI LDIN G & NUI SAN C E ABA TEMEN TS

C o m pleted

P erfo rm ed by C ity - By C o mpletio n Year

D ate

A m o unt Billed

By

F und 105 Abatem ent

Lien & P ay m ent Dat e

F und 191 NSP

Year

Y ear

Owner N ame

P ay m ent

P ro pert y A ddress & P arcel #

Built

Start

End

$ 127, 397

$

7, 024

$ 134, 421

$ 29, 700

$ 2 , 098

$

3 1, 798

$

2 26, 2 72

14927 W Thorne Ln SW 98498
2200000050

1938

6/14/2017

1/9/2018

x

$

-

$

-

$

-

$

9,808

$

1,766

$

11,574

$

5212 San Francisco Ave SW 98499

1948

10/6/2017

1/16/2018

x

$

-

$

-

$

-

$

16,619

$

332

$

16,952

1960

11/15/2017

1/31/2018

$

-

$

-

$

-

$

3,273

$

-

$

2018
1

Monica E. Smith

2

Christiana Trust

C o st

Ow ner C ity

I nter est

To tal 105

C o st

To tal

I nterest

To tal Billed

F iled

R eceiv ed

A mo unt Paid
$

226, 272

11,574

3/12/2018

11/8/2019

$

11,574

$

16,952

3/2/2018

6/8/2018

$

16,952

3,273

$

3,273

n/a

3/27/2018

$

3,273

0219114111
3

Violette Dyson

8201 Spruce St SW 98498

x

2200002660
4

Heirs of William &
Emma Thompson

8817 121st St SW 98498
5005003460

1955

12/22/2016

2/7/2018

x

$

47,479

$

2,849

$

50,328

$

-

$

-

$

-

$

50,328

4/6/2018

12/10/2018

$

50,328

5

Robert Torrez

8209 Maple St SW 98498

1923

12/14/2017

5/12/2018

x

$

22,370

$

2,684

$

25,055

$

-

$

-

$

-

$

25,055 10/10/2018

11/8/2019

$

25,055

$

7,272

$

873

$

8,145

$

-

$

-

$

-

$

8,145

10/2/2018

11/8/2019

$

8,145

2200002211
6
7
8

Dirk Mayberry

9616 Gravelly Lake Dr SW 98499
0219022168

1955

3/8/2017

5/7/2018

Kwang & Jinsoo

15302 Union Ave SW 98498

1962

8/11/2017

7/27/2018

x

$

23,953

$

92

$

24,045

$

-

$

-

$

-

$

24,045

10/2/2018

11/9/2018

$

24,045

Choe

2200001250
1960

10/3/2017

7/31/2018

x

$

16,009

$

321

$

16,330

$

-

$

-

$

-

$

16,330

10/2/2018

12/11/2018

$

16,330

1969

10/3/2017

7/31/2018

x

$

10,313

$

205

$

10,518

$

-

$

-

$

-

$

10,518

10/2/2018

1/10/2019

$

10,518

1916

2/7/2018

8/3/2018

x

$

19,461

$

4,281

$

23,743

$

-

$

-

$

-

$

23,743 10/13/2019

12/9/2021

$

23,743

11/5/2018

$

1,851

2/15/2019

$

1,900

Holly Loeza

7305 146th St SW 98439 (front)

x

0219221002
9
10

Holly Loeza

7305 146th St SW 98439 (back)
0219221042

William Chung/ BA & 3411 90th St S 98499
C Prop

0320313029

11

Sergiu Cucereavii

10101 Hemlock St SW 98498
5420000010

1960

5/18/2017

9/5/2018

x

$

1,851

$

-

$

1,851

$

-

$

-

$

-

$

1,851

12

Todd & Carmen

8801-8805 Commercial St SW

1949

12/7/2017

9/8/2018

x

$

1,882

$

19

$

1,900

$

-

$

-

$

-

$

1,900 11/26/2018

Warnstadt

98498

$

-

$

-

$

-

$

21,750

$ 6,090

$

27,840

$

27,840

12/4/2018

5/3/2021

$

27,840

$

2,152

$

-

$

2,152

$

-

$

-

$

-

$

2,152

5/30/2019

4/26/2019

$

2,152

$

2,556

$

10

$

2,567

$

-

$

-

$

-

$

2,567

6/13/2018

11/9/2018

$

2,567

$

(0 )

n/a

2200002840
13
14
15

Rhona Radcliffe

5908 Lake Grove St SW 98499
6765000060

1965

8/11/2017

10/24/2018

1941

2/9/2018

12/28/2018

1985

1/26/2018

5/22/2018

Frank Zazeski/ Tom

9111 Newgrove Ave SW 98498

McKee

2205000470

Cecil Woolfolk -

3902 108th St SW 98499

NUISANCE

0219014046

x
x
x

To t al Outstanding Repay m ent s

Q1 2026 Financial Report - 49

88

Return to Agenda
D ANGER OUS BUI LDIN G & NUI SAN C E ABA TEMEN TS

C o m pleted

P erfo rm ed by C ity - By C o mpletio n Year

D ate

A m o unt Billed

By

F und 105 Abatem ent

Lien & P ay m ent Dat e

F und 191 NSP

Year
Y ear

Owner N ame

P ro pert y A ddress & P arcel #

Built

P ay m ent
End

Start

2019
1

Stockman Family
Living Trust

9128 Moreland Ave SW 98498
5005002020

1913

12/6/2018

3/11/2019

2

Reinhard Meier

14433 Union Ave SW 98498

1941

10/25/2018

6/30/2019

1961

9/4/2018

8/1/2019

1922

10/25/2018 10/25/2019

1949

7/11/2019

C o st

I nter est

To tal 105

$ 52, 8 34

$

8, 3 8 6

$ 58 , 089

$

-

$

-

$

-

$

$

295

$

9

$

304

$

-

$

-

$

-

$

$

22,136

$

1,107

$

23,243

$

-

$

-

$

-

$

23,243

$

703

$

14

$

717

$

-

$

-

$

-

$

$

24,907

$

7,223

$

32,130

$

-

$

-

$

-

$

1,662

$

33

$

1,696

$

-

$

-

$

-

Ow ner C ity
x
x

C o st

To tal

I nterest

To tal Billed

F iled

R eceiv ed

5 8, 0 89

A mo unt Paid
$

58 , 089

11/8/2019

$

304

7/29/2019

2/10/2020

$

23,243

717

8/1/2019

12/10/2019

$

717

$

32,130

2/5/2020

6/10/2022

$

32,130

$

1,696

2/6/2020

4/10/2020

$

1,696

To t al Outstanding R epay m ents

$

-

304 6/26/2019

0219222039
3

5

Nancy Burrington -

8113 Sherwood Forest St. SW

NUISANCE

98498

Gary Anderson

7570000100
6821 150th St SW WA 98439

x

x

0219221072
6

Integrity II LLC

5103 Filbert Ln SW 98499
5400200770

D ANGER OUS BUI LDIN G & P UBLI C NUI SA NC ES
P erfo rm ed by C ity - By C o mpletio n Year

12/30/2019

x

C o m pleted
By

D ate

F und 105 Abatem ent

A m o unt Billed
F und 191 NSP

Dat e Lien F iled & P ay m ent R ec eiv ed

Year
Y ear

Owner N ame

P ro pert y A ddress & P arcel #

Built

P ay m ent
End

Start

2020
1

5408SBLVD LLC -

5408 Steilacoom Blvd SW 98499

NUISANCE

0220354091

1927

12/3/2019

2/4/2020

D ANGER OUS BUI LDIN G & NUI SAN C E ABA TEMEN TS

C o st

Ow ner C ity

x

I nter est

To tal 105

D ate

To tal

I nterest

To tal Billed

F iled

$

1, 102

$

22

$

1, 124

$

-

$

-

$

-

$

1, 124

$

1,102

$

22

$

1,124

$

-

$

-

$

-

$

1,124 7/30/2020

C o m pleted

P erfo rm ed by C ity - By C o mpletio n Year

C o st

F und 105 Abatem ent

1, 124

11/10/2020

$

1,124

To t al Outstanding Repay m ent s

$

-

Dat e Lien F iled & P ay m ent R ec eiv ed

F und 191 N SP A

Year
Y ear

P ay m ent

P ro pert y A ddress & P arcel #

Built

Start

End

National Retail

6112 100th St SW 98499

1979

5/16/2019

12/30/2021

Properties LP

0219022217

Owner N am e

C o st

Ow ner C ity

2021
1

A mo unt Paid
$

A m o unt Billed

By

R eceiv ed

x

I nter est

To tal 105

C o st

To tal

I nterest

To tal Billed

$

4, 338

$

-

$

4, 3 38

$

-

$

-

$

-

$

4, 3 38

$

4,338

$

-

$

4,338

$

-

$

-

$

-

$

4,338

F iled

R eceiv ed

A mo unt Paid
$

4, 338

5/2/2022

$

4,338

$

-

To t al Outstanding Repay m ent s

Q1 2026 Financial Report - 50

89

Return to Agenda
DANGEROUS BUILDING & NUISANCE ABATEMENTS
Performed by City - By Completion Year
Year
Property Address & Parcel #
Owner Name
2022
1 Larry E. & Carol E. Bell 9808 Lawndale Ave SW 98498
NUISANCE
5005006580
3

5408SBLVD LLC

4

6

Youn H. Sim & Suk
Chong
Patsy Lininger NUISANCE
Brian Buckner

7

Verna Cheatham

8

Bluestar Mgmt Svcs
LLC

9

Dirk Mayberry

10

Benjamin M.
Stockman

5

5408 Steilacoom Blvd SW 98499
0220354091
3851 Steilacoom Blvd SW 98499
0220364045
9704-9706 121st St SW 98498
5005004331
8808 Wildwood Ave SW 98498
5005001320
5501 116th St SW 98499
7095000330
9018 Lawndale Ave SW 98498
5005006370
9616 Gravelly Lake Dr SW 98499
0219022081
11206-11208 Military Rd SW 98499
0219081000 & 0219081052

DANGEROUS BUILDING & NUISANCE ABATEMENTS
Performed by City - By Completion Year
Year

Owner Name

2023
1 Benjamin Wurtz &
Secured Holdings LLC
2

Property Address & Parcel #
7004 Cherry Lane SW 98499
3375000840

Year
Built

Completed
By

Date
End

Start

Owner City
$
$

Cost
Interest
Total 105
438,268 $
837 $ 439,104 $
23,349 $
- $
23,349 $

Lien & Payment Date

Cost
Interest
Total
Total Billed
292,444 $
- $ 292,444 $
731,548
- $
- $
- $
23,349

Filed

Payment
Received

9/1/2022

$
$

Amount Paid
123,700
23,349

5/10/2023

$

3,177

9/15/2022

$

2,097

11/3/2022

$

21,125

1963

1/21/2022 6/16/2022

1927

11/1/2021 5/31/2022

x

$

3,177 $

- $

3,177

-

- $

- $

3,177

1950

6/1/2022

x

$

2,097 $

- $

2,097 $

- $

- $

- $

2,097

1968

1/21/2021 7/20/2022

x

$

21,125 $

- $

21,125 $

- $

- $

- $

21,125

1995

10/21/2021 10/31/2022

x

$

24,218 $

- $

24,218 $

- $

- $

- $

24,218

7/12/2023

$

24,218

1974

12/14/2020 11/10/2022

x

$

44,280 $

- $

44,280 $

- $

- $

- $

44,280

4/10/2025

$

44,280

1940

3/16/2022 12/30/2022

$

3,219 $

837 $

4,056 $

- $

- $

- $

4,056

6/10/2025

$

4,056

1955

11/1/2021 12/30/2022

$

316,801 $

- $

316,801 $

291,047 $

- $

291,047 $

607,848

$

-

1942

4/1/2022

$

- $

- $

- $

1,397 $

- $

1,397 $

1,397

$

1,397

Total Outstanding Repayments $

607,848

Year
Built

6/30/2022

x

x

Completed
By

Date
Start

x

Amount Billed
Fund 191 NSPA

Fund 105 Abatement

End

1955

8/18/2022

6/5/2023

5/8/2023

Cost

x

n/a

Total 105

Cost

Interest

6/23/2022

Lien & Payment Date

Total

Total Billed

$ 1,125,083 $
$
2,691 $

- $ 1,157,710 $
- $
2,691 $

- $
- $

- $
- $

- $ 1,157,710
- $
2,691

$

25,034 $

- $

25,034 $

- $

- $

- $

Filed

Payment
Received

Amount Paid

7/1/2023

$
$

1,157,710
2,691

25,034

5/8/2023

$

25,034

1977

1/28/2021

3

Stewart Title Company 7407-7409 146th St SW 98439
0219221041
First Tacoma LLC
8104-8106 So Tacoma Way 98499

1966

10/31/2022 3/31/2023

x

$

2,527 $

- $

2,527

-

- $

- $

2,527

5/5/2023

$

2,527

4

Q & L Pacific LLC

1971

4/9/2020

6/22/2023

x

$

4,509 $

- $

4,509 $

- $

- $

- $

4,509

6/23/2023

$

4,509

1948

10/15/2022 2/27/2023

x

$

3,182 $

318 $

3,500 $

- $

- $

- $

3,500

12/9/2024

$

3,500

1968

12/31/2021 8/29/2023

x

$

7,443 $

- $

7,443 $

- $

- $

- $

7,443

2/10/2025

$

7,443

1967

1/15/2019 3/31/2023

x

$ 1,076,982 $

32,309 $ 1,109,291 $

- $

- $

- $

1,109,291

3/8/2024

$

1,109,291

1940

6/15/2023 9/15/2023

- $

- $

- $

2,715

12/12/2023

$

2,715

Total Outstanding Repayments $

0

5

6
7
8

12314 Pacific Highway SW 98499
30219114162
Thiyagarajan
14440 Union Ave SW #A0077
Kannuswamy & Synita 2200002530
Halivana Kariyapp
Hye Cha Galvin
10408-10410 112th ST SW
0219081081
Karwan Village
2621 84th Street S
0320311042
EGU Washington
7319 146th St SW
Estates LLC
0219221023

x

Interest

10/5/2022

Amount Billed
Fund 191 NSPA

Fund 105 Abatement

Owner City

8/30/2022

x

$

2,715 $

- $

Q1 2026 Financial Report - 51

2,715 $

90

Return to Agenda
DANGEROUS BUILDING & NUISANCE ABATEMENTS
Performed by City - By Completion Year
Year

Owner Name

2024
1 Min Sung
2

Tower Court
Apartments LLC

Property Address & Parcel #

10615 Bridgeport Way SW
3340300191
14521 70th Ave SW
0219221050

DANGEROUS BUILDING & NUISANCE ABATEMENTS
Performed by City - By Completion Year
Year

Owner Name

2025
1 Bobs & Jamestown
Homowners Coop
2 Par Development

Property Address & Parcel #

3

Min Johnson

7110 146th St SW#23
4296002200
5324 San Francisco Ave SW
0219114025
6831 Topaz Dr SW 6430401930

4

Edna Stone

573 Lake Louise

5

Pale Blue Dot LLC

6

Lakewood Mission
Baptist Church

7521 Bridgeport Way SW
0219123061
12212 Pacific Hwy SW
0219114108

7

Lakewood Mission
Baptist Church

12216 Pacific Hwy SW
0219114107

8

Lakewood 17 LLC

4914 115th St CT SW

10

Pale Blue Dot, LLC

11

Karwan Village

9646 Bridgeport Way SW
6450000560
2621 84th Street S
0320311042

5020000422

2650000100

Year
Built

1920

Completed
By

Date
End

Start

Amount Billed
Fund 191 NSPA

Fund 105 Abatement
Cost

Owner City

Interest

Total 105

Cost

Interest

Lien & Payment Date

Total

Total Billed

Filed

Payment
Received

Amount Paid

7/15/2023 11/15/2024

x

$
$

8,523
4,371 $

$
- $

8,523
4,371 $

- $

- $

$
- $

8,523
4,371

4/2/2025

$
$

8,523
4,371

11/25/2024 12/24/2024

x

$

4,152 $

- $

4,152 $

- $

- $

- $

4,152

12/24/2024

$

4,152

Total Outstanding Repayments $

0

Completed
By

Date

Amount Billed
Fund 191 NSPA

Fund 105 Abatement

Lien & Payment Date

Year
Built

Start

End

1964

1/3/2025

3/18/2025

x

$
$

40,079 $
1,940 $

- $
- $

40,079 $
1,940 $

- $
- $

- $
- $

- $
- $

131,556
1,940

3/18/2025

$
$

57,942
1,940

Cost

Owner City

Interest

Total 105

Cost

Interest

Total

Total Billed

Filed

Payment
Received

Amount Paid

1941

1/27/2025 2/10/2025

x

$

3,324 $

- $

3,324 $

- $

- $

- $

3,324

2/10/2025

$

3,324

1967

1/6/2025

2/12/2025

x

$

31,729 $

- $

31,729

-

- $

- $

31,729

2/12/2025

$

31,729

1979

10/22/2024 2/28/2025

x

$

3,086 $

- $

3,086 $

- $

- $

- $

3,086

2/28/2025

$

3,086

9/24/2025 6/30/2025

x

$

5,056 $

- $

5,056 $

- $

- $

- $

5,056

10/7/2025

$

5,056

9/23/2024 4/17/2025

x

$

4,172 $

- $

4,172 $

- $

- $

- $

4,172

4/17/2025

$

4,172

2/27/2025 8/15/2025

x

$

4,675 $

- $

4,675 $

- $

- $

- $

4,675

$

-

10/15/2022 3/15/2025

x

$

5,899 $

- $

5,899 $

- $

- $

- $

5,899

7/1/2025

$

5,899

5/15/2023 7/31/2025

x

$

2,737 $

- $

2,737 $

- $

- $

- $

2,737

11/25/2025

$

2,737

5/31/2024 11/15/2025

x

$

68,939

$

68,939 $

- $

- $

- $

68,939
$

73,614

Total Outstanding Repayments

Q1 2026 Financial Report - 52

91

Return to Agenda

Rental Housing Safety Program
On August 1, 2016, the Lakewood City Council approved Ordinance No. 644 creating a Rental Housing Safety
Program (RHSP). The program requires all residential rental properties (apartments, single family homes,
duplexes, etc.) within Lakewood city limits to be registered. The program is designed to ensure that all
rental housing units comply with specific life and safety standards and are providing a safe place for tenants
to live. As of October 4, 2017, all rental properties owners will be required to register their property with the
City every year and have the property inspected once every five years.
Rental Housing Safety Program
Year-to-date through March
2024
2025
Operating
Annual
Annual
Revenues & Expenditures
Actual
Actual
Operating Revenue:
Registration Program Fees
$ 291,219 $ 443,456
Total Operating Revenues
$ 291,219 $ 443,456
Operating Expenditures:
Personnel Costs
206,969
227,951
Supplies
761
1,028
Professional Services
2,574
607
Other Services & Charges
66
Internal Service Charges
21,250
Total Operating Expenditures
$ 231,620 $ 229,587
Net Program Income (Cost)
$ 59,599 $ 213,869
Other Sources / (Uses)
Transfer In From General Fund
50,000
Total Sources / (Uses)
$ 50,000 $
Beginning Balance
$ (50,472) $
59,127
Ending Balance
$ 59,127 $ 272,996

2026
Budget

Actual

$ 273,000
$ 273,000

$ 111,395
$ 111,395

257,679
61,159
1,500
250
286,717
1,390
100
$ 545,996 $ 62,799
$ (272,996) $ 48,596
$
$ 272,996
$
-

$
$ 272,996
$ 321,592

Rental Housing Safety Program Fees
Year-to-date through March
Month
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total YTD
Annual Total

2023
6,510
21,572
28,800
24,610
21,116
20,471
18,279
2,918
836
7,484
4,055
3,861
$
56,882
$ 160,512

2024
2025
29,153
79,519
29,431
44,116
18,668
51,384
37,564
19,329
15,371
16,043
8,505
14,995
7,241
12,438
17,540
11,742
5,509
5,365
8,317
3,828
2,938
6,710
110,982
177,987
$
77,252 $
175,019 $
$ 291,219 $
443,456
2026 Annual Estimate = $
% of Revenue Collected =

2026
51,365
32,335
27,695
111,395
n/a
273,000
41%

Q1 2026 Financial Report - 53

92

Return to Agenda

1406 Affordable Housing Program
On March 2, 2020, the City Council approved Ordinance 731 relating to local sales and use tax, authorizing
the maximum capacity of the tax authorized under the provisions of Substitute House Bill 1406 for
affordable and supporting housing. The revenue to the City is a credit of the state’s sales tax. With adoption
of this ordinance, the City is able to impose the rate of 0.0073%. According to the Department of Revenue
(DOR), the maximum amount the City may receive is $98K per state fiscal year for twenty years totaling an
estimated $1.95M. The City notified DOR on March 13, 2020 and DOR began imposing the tax effective May
1, 2020. The City received its first full distribution amount in July 2020 with some funds trickling through in
May and June due to early returns filed.
The direction from the Lakewood City Council is to use the funds in conjunction with the City’s CDBG Major
Home Repair Program, CDBG Major Home Repair and Sewer Loan Program, and HOME Housing
Rehabilitation Loan Program given that there is a high demand for home repair and rehabilitation loans in
the City.
CDBG is a federal entitlement program and provides annual grants on a formula basis to states, cities, and
counties to provide decent housing and a suitable living environment, and by expanding economic
opportunities, principally for low- and moderate-income persons. The City processes on average six to eight
CDBG housing repair programs annually.
“1406” Affordable Housing Program Funds are reserved for persons and/or housing repairs not eligible
under CDBG, those who fall just outside CDBG program guidelines but where some level of assistance may
be required.
“1406” projects are as follows:
2026 Projects:


8804 Veterans Dr. SW: Single family residence conducting accessibility upgrades, bathroom
renovation, replacement of all plumbing supply and drain lines, and various electrical and
mechanical upgrades. Loan amount of $56,700. Work completed Q1 2026.



8109 70th Ave. SW: Single family residence with replacement of roof sheathing, roofing, and gutters.
Loan amount of $25,000. Work completed Q1 2026.



11610 Interlaaken Dr. SW: Single family residence with replacement of roof sheathing, roofing, and
gutters. Loan amount of $70,111.41. Work completed in Q1 2026.



6359 111th St. SW: Single family residence with replacement of roof sheathing, roofing, and gutters.
Loan amount of $25,000. Work completed in Q1 2026.

Past Projects:


8311 Mt. Tacoma Dr. SW: Single family residence with full rehab of three bathrooms, including one
accessibility upgrade to bathroom. Loan amount of $46,440.40. Completed in 2025.



10519 Earley Ln. SW: Single family residence conducting various accessibility improvements and
garage conversion to living space including, electrical, plumbing, and miscellaneous repairs. Loan
amount of $60,857. Completed in 2025.



6822 86th St. SW: Single family residence conducting various general accessibility improvements,
bathroom accessibility improvements, electrical upgrades and door replacement. Loan amount of
$36,312.76. Completed in 2025.

Q1 2026 Financial Report - 54

93

Return to Agenda



6524 96th St. SW: Single family residence completing roof and gutter replacement, lead-paint
stabilization, exterior painting, window replacement, insulation, and other minor interior
improvements. Loan amount of $71,247.75. Completed in 2025.



10228 Villa Ln. SW: Single family residence with water heater replacement. Loan amount of $2,867.57.
Completed in 2025.



9006 71st St Ct SW: Single family residence replacement of water heater & air conditioning, installation
of heat pump under new energy regulation, loan amount $13,250 (completed Q3 2022).



8509 Veterans Drive SW: Single family residence rehabilitation & repairs, loan amount $25,000
(completed Q1 2023).



8805 Lorraine Ave. S: Single family residence installation of fencing, loan amount $17,000 (completed
Q3 2023).



MDC Tenant-Based Rental Assistance: Rental assistance to six Lakewood households (5 for 11 months
and 1 for 2 months) through MDC, grant amount of $67,910 (completed Q3 2023);



8125 Winona St. SW: Single family residence replacement of roof, gutters, truss repair, and structural
and foundation repair. Work completed (Q4 2024) with a loan amount of $43,000.



8509 Idlewood Dr. SW: Single family residence replacement of rear decking and stairs. Work
completed (Q4 2024) with a loan amount of $65,000.
1406 Affordable Housing Program
Year-to-date through March
2024
2025
2026
Operating
Annual
Annual
Annual
YTD
Revenues & Expenditures
Actual
Actual
Budget
Actual
Operating Revenue:
Sales & Use Tax
$ 103,484 $ 103,593 $ 98,000 $
1,908
Loan Interest
549
1,160
300
Total Operating Revenues
$ 104,033 $ 104,753 $ 98,000 $
2,208
Operating Expenditures:
Professional Services
104,716
224,738
686,197
168,942
Total Operating Expenditures
$ 104,716 $ 224,738 $ 686,197 $ 168,942
Net Program Income (Cost)
$
(683) $ (119,985) $ (588,197) $ (166,734)
Other Sources / (Uses)
Transfer In From General Fund
SHB-1406 Home Repair Program Loans
133,000
267,908
(1,252)
Total Sources / (Uses)
$ 133,000 $ 267,908 $
- $ (1,252)
Beginning Balance
$ 307,958 $ 440,275 $ 588,197 $ 588,197
Ending Balance
$ 440,275 $ 588,197 $
0 $ 420,211

Q1 2026 Financial Report - 55

94

Return to Agenda

SHB-1406 Home Repair Program
As of March 31, 2026
Loan
ID #

Original Loan
Amount

Loan
Adj

Total
Principal
Paid
Loan Balance

Closing
Date

First
Payment
Date

Maturity
Date

Interest
Rate

Year 2022
2 = Total # Loans
2 = Total # Loans O/s

$

38,250

$ 5,054

$ 1,260

1406-001

$

25,000

$ 3,549

$

-

21,451.50

3/28/2022

3/1/2042 3/1/2042

0.0%

1406-003

$

13,250

$ 1,506

$ 1,260

10,484.22

7/27/2022

10/1/2022 10/1/2042

0.0%

Year 2023
1 = Total # Loans
1 = Total # Loans O/s

$

17,000

$ 1,724

$

292

1406-006

$

17,000

$ 1,724

$

292

6/30/2023

9/1/2023 9/1/2043

1.0%

Year 2024
3 = Total # Loans
3 = Total # Loans O/s

$

133,000

$ (5,364) $ 4,881

1406-008

$

60,000

$ (5,364) $ 4,881

60,483.53

4/5/2024

6/1/2024 5/1/2044

1.0%

1406-011

$

33,000

$

-

$

-

33,000.00 10/24/2024 10/1/2044 10/1/2044

0.0%

1406-012

$

40,000

$

-

$

-

40,000.00

Year 2025
7 = Total # Loans
7 = Total # Loans O/s

$

265,000

$ 3,709

$

-

$
$
$
$
$
$
$

43,000
20,000
72,000
20,000
25,000
60,000
25,000

$ 2,456
$ $ 1,252
$ $ $ $ -

$
$
$
$
$
$
$

-

1406-007
1406-013
1406-014
1406-015
1406-017
1406-018
1406-019
Life-to-Date Total
13 = Total # Loans
13 = Total O/s

$

$

31,936

14,984
14,984.37

$

$

133,484

11/7/2024

1/1/2025 12/1/2044

1.0%

1/17/2024
6/25/2025
9/17/2025
9/17/2025
9/17/2025
9/17/2025
9/17/2025

1/1/2044 1/1/2044
7/1/2045 7/1/2045
11/1/2045 11/1/2045
11/1/2045 11/1/2045
11/1/2045 11/1/2045
11/1/2045 11/1/2045
11/1/2045 11/1/2045

1.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

261,291
40,543.56
20,000.00
70,747.75
20,000.00
25,000.00
60,000.00
25,000.00

$ 453,250 $ 5,122 $ 6,433 $ 441,695
Loan adjustments include change in repair cost that may increase or decrease the original loan amount.

Q1 2026 Financial Report - 56

95

Return to Agenda

Fund 190 Community Development Block Grant
Fund 190 CDBG is predominantly comprised of U.S. Department of Housing and Urban Development funds
for Community Development Block Grant Entitlements (CDBG), HOME program funding through the
Lakewood and Tacoma HOME Consortium and Section 108 Loan Guarantees. There is also a grant from the
Nisqually Tribe for minor home repairs and West Pierce Fire & Rescue for emergency assistance for
displaced residents.
Through the planning and citizen participation process
CDBG and HOME spending priorities are set on an
annual basis, to be broken out into funding projects for
physical improvements, public service (not to exceed
15%),
housing,
economic
development,
and
administration (not to exceed 20%).
CDBG:
CDBG is Authorized under Title 1 of the Housing and
Community Development Act of 1974, the Community
Development Block Grant (CDBG) program is a grant to
local jurisdictions to assist in the development of viable
communities. Funds are to be expended to principally
benefit low- and moderate-income individuals through
the provision of: 1) decent housing; 2) a suitable living
environment;
and
3)
expanded
economic
opportunities. Each CDBG grantee is responsible for
choosing how best to serve its community’s interests
and meet the needs of eligible citizens.
Eligible CDBG activities include the following:
(1) Public Facilities/Infrastructure Improvements:
Acquisition, construction, rehab or installation
of public or community facilities; and
infrastructure installation or improvements (i.e.
roads, sidewalks, sewers, street lighting, etc.)
(2) Public Service: Employment and education
services; childcare; health and substance abuse
services; services for seniors; fair housing
counseling; services for homeless; and job
training and employment services.
(3) Affordable Housing: Homeowner rehabilitation;
down payment assistance; rental rehabilitation;
acquisition and demolition; lead paint activities;
and new construction if carried out by a CBDO
(Community Board Development Organization).

CDBG Entitlement Funding History
Change Over Prior
Annual
$
%
Program Year
Allocation
2026
555,720
2,307
0.4%
2025
553,413
19,832
3.7%
2024
533,581
(8,883)
-1.6%
2023
542,464 (11,355)
-2.1%
2022
553,819 (19,533)
-3.4%
2021
573,352 (22,563)
-3.8%
2020
595,915
32,791
5.8%
2019
563,124
1,893
0.3%
2018
561,231
76,865
15.9%
2017
484,366
17,316
3.7%
2016
467,050
(698)
-0.1%
2015
467,748
(4,004)
-0.8%
2014
471,752
(9,846)
-2.0%
2013
481,598
10,703
2.3%
2012
470,895 (106,895)
-18.5%
2011
577,790 (114,016)
-16.5%
2010
691,806
50,755
7.9%
2009
641,051
5,749
0.9%
2008
635,302 (24,966)
-3.8%
2007
660,268
(3,682)
-0.6%
2006
663,950 (77,700)
-10.5%
2005
741,650 (43,350)
-5.5%
2004
785,000 (21,000)
-2.6%
2003
806,000 (91,000)
-10.1%
2002
897,000 (46,000)
-4.9%
2001
943,000
30,000
3.3%
2000
913,000
n/a
n/a
Total
$ 16,831,845

(4) Economic Development: microenterprise assistance; commercial rehabilitation; job training and
technical assistance; and special economic development - acquisition, construction, rehab,
installation of property or equipment.
Investments made in various housing programs (Major Home Repair/Sewer Loan Program, Down Payment
Assistance, and Multi-family Housing), and economic development activities (Microenterprise Loan
Program) have created multiple Revolving Loan Funds (RLF) for each of the funded activities.

Q1 2026 Financial Report - 57

96

Return to Agenda

In addition to tracking the various CDBG grant allocation’s revenue and expenditures in Fund 190 CDBG,
notes receivable for Housing Program Loans are also tracked. These are revolving loans for Major Home
Repair, Major Home Repair for Sewer and Down Payment Assistance for qualifying homebuyers.
The following tables provide a summary of loans and grants for Major Home and Sewer Repair Down
Payment Assistance. These are zero interest loans with 20-year terms. Payments are revolving which
dictates that the principal received is applied to current program expenditures before billing CDBG.
Major Home Repairs (MHR), Sewers (MHRS) and Down Payment Assistance (DPA) Loans and Grants:

Major Home Repairs (MHR) & Sewers (MHRS) /
Down Payment Assistance (DPA)
Loans and Grants
As of March 31, 2026
MHR
MHRS
DPA
# of
# of
# of
Project Original Project Original Project Original
Program Year
s
Amount
s
Amount
s
Amount
1
$ 135,000
1
$ 24,540
0
$
2025
8
$ 470,908
$
$
2024
1
$ 25,278
1
$ 16,506
$
2023
4
$
255,201
$
1
$
27,500
2022
8
$ 480,328
$
$
2021
4
$ 99,994
$
$
2020
6
$
158,874
$
$
2019
9
$ 187,562
$
$
2018
2
$ 40,790
2
$ 31,532
$
2017
4
$ 78,871
2
$ 50,485
$
2016
1
$ 37,144
$
$
2015
4
$
62,209
1
$
10,770
1
$
3,364
2014
8
$ 144,408
$
$
2013
5
$ 70,863
4
$ 36,114
1
$ 2,250
2012
8
$ 170,407
$
$
2011
13
$ 256,287
$
2
$ 8,619
2010
6
$ 102,653
$
5
$ 23,791
2009
3
$ 37,224
$
4
$ 19,379
2008
4
$ 56,346
$
2
$ 8,700
2007
6
$
67,556
$
1
$ 7,000
2006
7
$ 69,634
$
$
2005
4
$ 36,058
$
3
$ 14,901
2004
8
$ 49,137
$
8
$ 35,336
2003
3
$ 19,999
$
$
2002
$
$
11
$ 51,622
2001
$
$
1
$ 5,000
2000
Total
127
$3,112,731
11
$169,947
40
$207,462
Original loan amounts may differ from previously reported due to
unexpected changes in the scope of work during construction or repairs.

Q1 2026 Financial Report - 58

97

Return to Agenda

Major Home Repair Loans Detail:
Major Home Repair Loans (MHR)
As of March 31, 2026
Loan
ID #
Year 2002
3 = Total # Loans/Grants
0 = Total Outstanding
MHR-001
MHR-003
MHR-004
Year 2003
8 = Total # Loans/Grants
0 = Total Outstanding
MHR-006
MHR-008
MHR-009
MHR-011
MHR-018
MHR-016
MHR-019
MHR-017
Year 2004
4 = Total # Loans/Grants
0 = Total Outstanding
MHR-020
MHR-024
MHR-029
MHR-030
Year 2005
7 = Total # Loans/Grants
2 = Total Outstanding
MHR-031
MHR-032
MHR-034
MHR-036
MHR-038
MHR-040
MHR-047
Year 2006
6 = Total # Loans/Grants
2 = Total Outstanding
MHR-046
MHR-052
MHR-053
MHR-054
MHR-055
MHR-056
Year 2007
4 = Total # Loans/Grants
2 = Total Outstanding
MHR-061
MHR-062
MHR-063
MHR-064

Original Loan /
Grant
Amount

Principal
Payments

Loans
Receivable

Closing Date

$
$
$
$

19,999
6,000
5,999
8,000

$
$
$
$

19,999
6,000
5,999
8,000

$
$
$
$

-

9/23/2002
2/24/2003
5/5/2003

Paid Off
Paid Off
Paid Off

$
$
$
$
$
$
$
$
$

49,137
7,831
4,523
7,956
7,237
6,950
6,640
8,000
-

$
$
$
$
$
$
$
$
$

49,137
7,831
4,523
7,956
7,237
6,950
6,640
8,000
-

$
$
$
$
$
$
$
$
$

-

7/23/2003
9/8/2003 10/1/2023
9/16/2003 10/1/2023
10/21/2003
1/28/2004
3/2/2004
3/1/2024
5/12/2004
5/21/2004

Paid Off
Paid Off
Paid Off
Paid Off
Paid Off
Paid Off
Paid Off
Written Off

$
$
$
$
$

36,058
12,554
8,000
8,000
7,504

$
$
$
$
$

36,058
12,554
8,000
8,000
7,504

$
$
$
$
$

-

9/15/2004
12/3/2004
11/1/2004
9/23/2004

Paid Off
Paid Off
Written Off
Paid Off

$
$
$
$
$
$
$
$

69,634
9,235
7,302
7,993
15,840
7,064
10,200
12,000

$
$
$
$
$
$
$
$

49,989
1,590
7,302
7,993
15,840
7,064
10,200
-

$
$
$
$
$
$
$
$

19,645
7,645 9/1/2005
9/2/2005
10/19/2005
12/15/2005
8/29/2005
4/11/2006
12,000 6/7/2006

$
$
$
$
$
$
$

67,556
9,697
11,927
11,858
11,988
10,126
11,960

$
$
$
$
$
$
$

49,542
9,697
11,927
11,858
4,100
11,960

$
$
$
$
$
$
$

18,014
7/26/2006
11/14/2006 12/1/2026
12/20/2006
11,988 4/25/2007 5/1/2027
6,026 1/3/2007
1/1/2027
5/22/2007

$
$
$
$
$

56,346
11,777
18,390
19,291
6,888

$
$
$
$
$

39,179
13,000
19,291
6,888

$
$
$
$
$

17,167
11,777 11/8/2007 12/1/2027
5,390 11/20/2007 12/1/2027
11/20/2007
2/4/2008

Q1 2026 Financial Report - 59

First
Payment
Date

Status

4/1/2016

Maturity
Date

0.0%
0.0%
0.0%

9/8/2023
9/10/2023

2/25/2024

3/1/2026

6/1/2026

Paid Off
Paid Off
Paid Off

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

0.0%
0.0%
0.0%
0.0%

Paid Off
Paid Off
Paid Off
Paid Off
Paid Off
6/1/2026

Interest
Rate

11/8/2026
4/19/2027
12/27/2026

Paid Off

11/2/2027
11/14/2027
Paid Off
Paid Off

98

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

0.0%
0.0%
0.0%
0.0%

Return to Agenda

Major Home Repair Loans (MHR) - continued
As of March 31, 2026
Loan
ID #

Original Loan /
Grant
Amount

Principal
Payments

Loans
Receivable

Closing Date

8/21/2008
12/29/2008
2/12/2009

First
Payment
Date

Status

Maturity
Date

Interest
Rate

8/15/2028

0.0%
0.0%
0.0%

1/1/2030
9/1/2016
11/1/2016

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

Year 2008
3 = Total # Loans/Grants
0 = Total Outstanding
MHR-066
MHR-069
MHR-070
Year 2009
6 = Total # Loans/Grants
1 = Total Outstanding
MHR-073
MHR-075
MHR-077
MHR-079
MHR-080
MHR-082

$
$
$
$

37,224
11,899
11,980
13,345

$
$
$
$

37,224
11,899
11,980
13,345

$
$
$
$

$
$
$
$
$
$
$

102,653
14,137
14,397
12,597
23,168
13,164
25,190

$
$
$
$
$
$
$

92,441
3,925
14,397
12,597
23,168
13,164
25,190

$
$
$
$
$
$
$

10,212
10,212 12/23/2009 6/1/2013
9/21/2009 9/1/2013
11/13/2009 12/1/2013
11/4/2009
4/16/2010
5/28/2010 6/1/2030

Year 2010
13 = Total # Loans/Grants
4 = Total Outstanding
MHR-076
MHR-083
MHR-085
MHR-086
MHR-087
MHR-088
MHR-089
MHR-090
MHR-092 (Grant)
MHR-093
MHR-094
MHR-095
MHR-096 (Grant)

$
$
$
$
$
$
$
$
$
$
$
$
$
$

256,287
25,110
26,232
22,449
21,778
19,930
21,124
3,474
16,770
12,100
24,390
25,020
26,790
11,120

$ 186,334
$
$
26,232
$
14,400
$
21,778
$
4,260
$
$
3,474
$
16,770
$
12,100
$
24,390
$
25,020
$
26,790
$
11,120

$
$
$
$
$
$
$
$
$
$
$
$
$
$

69,953
25,110 7/2/2010
7/1/2030
10/8/2010
8,049 5/14/2014 7/1/2014
11/29/2010
15,670 9/30/2010 9/1/2030
21,124 9/30/2010 10/1/2030
10/29/2010 11/1/2030
3/14/2011 4/1/2031
2/28/2011
2/28/2011 6/1/2016
4/4/2011
4/1/2031
6/28/2011 4/1/2015
4/21/2011

9/23/2030
9/24/2030
10/22/2030
3/8/2031
n/a
2/18/2031
3/29/2031
4/1/2031
n/a

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
n/a
0.0%
0.0%
0.0%
n/a

Year 2011
8 = Total # Loans/Grants
3 = Total Outstanding
MHR-098
MHR-099
MHR-100
MHR-101
MHR-102
MHR-103
MHR-105/to MHR-162
MHR-107

$
$
$
$
$
$
$
$
$

170,407
22,293
19,414
18,858
26,182
6,386
24,974
25,000
27,300

$ 118,286
$
$
$
18,858
$
26,182
$
6,386
$
14,560
$
25,000
$
27,300

$
$
$
$
$
$
$
$
$

52,121
22,293 7/21/2011 8/1/2031
7/13/2031
19,414 12/30/2011 1/1/2031
12/21/2031
9/20/2011 6/1/2017
Paid Off
9/14/2016
11/9/2011 12/1/2031
Paid Off
11/2/2016
12/19/2011
Paid Off
10,414 1/11/2012 8/1/2017
1/5/2017
5/14/2012 6/1/2022 Sub-Ordinated 5/8/2017
1/10/2012
Short Sale

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

Year 2012
5 = Total # Loans/Grants
2 = Outstanding Loans
MHR-106
MHR-112
MHR-113
MHR-114 (Grant)
MHR-117

$
$
$
$
$
$

70,863
28,913
12,230
17,850
1,696
10,174

$
$
$
$
$
$

$
$
$
$
$
$

41,143
28,913
12,230
-

0.0%
0.0%
0.0%
n/a
0.0%

29,720
17,850
1,696
10,174

-

8/28/2012
2/27/2013
12/8/2012
7/18/2012
6/17/2013

Q1 2026 Financial Report - 60

9/1/2028
Written Off
Paid Off

Paid Off
Paid Off
Paid Off
Paid Off
Paid Off

6/1/2030

6/1/2030
Paid Off
7/1/2029
Paid Off

Paid Off
Paid Off
Paid Off

9/1/2022
3/1/2033
12/1/2032

7/1/2022
2/20/2033
12/4/2032
n/a
Paid Off

99

Return to Agenda

Major Home Repair Loans (MHR) - continued
As of March 31, 2026
Original Loan /
Grant
Amount

Principal
Payments

Loans
Receivable

Year 2013
8 = Total # Loans/Grants
3 = Total Outstanding
MHR-091
MHR-118
MHR-119
MHR-120
MHR-121 (Grant)
MHR-122 (Grant)
MHR-123
MHR-124

$
$
$
$
$
$
$
$
$

144,408
12,188
27,921
11,969
15,100
8,457
12,597
24,938
31,238

$
$
$
$
$
$
$
$
$

93,501
27,921
11,969
15,100
8,457
12,597
7,188
10,269

$
$
$
$
$
$
$
$
$

50,907
12,188 1/23/2014 8/17/2034
10/16/2013 10/10/2018
7/1/2013
11/22/2013 1/1/2014
9/6/2013
10/3/2013
17,750 3/6/2014
5/1/2014
20,969 4/14/2014 8/1/2014

Year 2014
4 = Total # Loans/Grants
1 = Total Outstanding
MHR-126
MHR-127
MHR-128
MHR-129

$
$
$
$
$

62,209
11,140
12,558
14,014
24,497

$
$
$
$
$

51,878
11,140
12,558
3,683
24,497

$
$
$
$
$

10,331
9/22/2014 12/1/2014
2/5/2015
10,331 1/14/2015 4/1/2015
12/30/2014 3/1/2015

Year 2015
1 = Total # Loans/Grants
1 = Outstanding Loans
MHR-132

$
$

37,144
37,144

$
$

13,272
13,272

$
$

23,872
23,872 12/22/2015

2/1/2016

Year 2016
4 = Total # Loans/Grants
2 = Total Outstanding
MHR-133
MHR-135
MHR-136
MHR-138

$
$
$
$
$

78,871
25,000
28,303
10,702
14,866

$
$
$
$
$

45,082
25,000
9,380
10,702
-

$
$
$
$
$

33,789
18,923
14,866

8/1/2036
2/1/2017
1/1/2037
12/1/2037

Year 2017
2 = Total # Loans/Grants
1 = Total Outstanding
MHR-137
MHR-145

$
$
$

40,790
28,225
12,565

$
$
$

24,440
11,875
12,565

$
$
$

16,350
16,350 11/15/2017 12/1/2037
11/16/2017 1/1/2037

Year 2018
9 = Total # Loans/Grants
6 = Total Outstanding
MHR-140
MHR-142
MHR-146
MHR-147
MHR-149
MHR-150
MHR-151
MHR-154
MHR-162

$
$
$
$
$
$
$
$
$
$

187,562
14,779
9,405
31,602
13,285
5,201
5,201
12,686
70,203
25,200

$
$
$
$
$
$
$
$
$
$

34,841
14,779
5,201
12,686
2,175
-

$ 152,721
$
1/29/2018 1/1/2038
$
9,405 1/29/2018 1/1/2038
$
31,602 2/16/2018 2/1/2038
$
13,285 7/28/2018 7/1/2038
$
2/6/2018
2/1/2038
$
5,201 1/11/2018 1/1/2038
$
2/16/2018 3/1/2018
$
68,028 11/29/2018 11/1/2038
$
25,200 12/6/2018 12/1/2038

Loan
ID #

Closing Date

8/16/2016
12/9/2016
12/5/2016
1/20/2017

Q1 2026 Financial Report - 61

First
Payment
Date

Status

Paid Off
Paid Off
Paid Off

Paid Off
Paid Off
Paid Off

Paid Off
Paid Off

Maturity
Date

Interest
Rate

1/1/2027
10/10/2018

0.0%
0.0%
0.0%
0.0%
n/a
n/a
0.0%
0.0%

12/1/2033
n/a
n/a
5/1/2034
8/1/2034

1/12/2034
3/1/2035
3/1/2035

0.0%
0.0%
0.0%
0.0%

1/1/2036

0.0%

7/1/2036
1/1/2037
1/1/2037
1/1/2037

0.0%
0.0%
0.0%
0.0%

11/1/2037

0.0%
0.0%

1/29/2038
1/29/2038
2/16/2038
7/28/2038
2/1/2038
1/11/2038
3/1/2038
11/29/2038
12/6/2038

0.0%
0.0%
0.0%
0.0%
0.0%
1.0%
1.0%
0.0%
0.0%

Paid Off

Paid Off

Paid Off
Paid Off

100

Return to Agenda

Major Home Repair Loans (MHR) - continued
As of March 31, 2026
Original Loan /
Grant
Amount

Principal
Payments

Loans
Receivable

Closing Date

First
Payment
Date

Year 2019
6 = Total # Loans/Grants
4 = Total Outstanding
MHR-155
MHR-158
MHR-160
MHR-161
MHR-164
MHR-165

$
$
$
$
$
$
$

158,874
22,442
44,800
36,736
33,595
12,107
9,194

$
$
$
$
$
$
$

61,272
8,152
1,063
36,736
1,806
12,107
1,408

$
$
$
$
$
$
$

97,602
14,290
43,737
31,789
7,786

2/28/2019
5/15/2019
4/26/2019
5/8/2019
2/13/2020
8/1/2019

6/1/2019
8/1/2019
6/1/2019
6/30/2019
1/1/2039
8/1/2019

Year 2020
4 = Total # Loans/Grants
4 = Total Outstanding
MHR-163
MHR-168
MHR-173
MHR-177

$
$
$
$
$

99,994
23,791
30,500
3,440
42,263

$
$
$
$
$

6,357
6,357
-

$
$
$
$
$

93,637
17,434 3/12/2020 3/1/2040
30,500 2/6/2020
2/1/2040
3,440 5/26/2020 5/26/2040
42,263 11/20/2020 11/1/2040

Year 2021
8 = Total # Loans/Grants
7 = Total Outstanding
MHR-170
MHR-172
MHR-175
MHR-178
MHR-180
MHR-181
MHR-183
MHR-184

$
$
$
$
$
$
$
$
$

480,328
115,809
46,652
12,336
16,376
64,941
78,228
48,986
97,000

$
$
$
$
$
$
$
$
$

62,857
3,192
10,679
48,986
-

$ 417,471
$ 115,809
$ 46,652
$
9,144
$ 16,376
$ 64,941
$ 67,549
$
$ 97,000

5/12/2021
3/8/2021
1/14/2021
3/8/2021
3/8/2021
9/7/2021
9/7/2021
9/3/2021

5/1/2041
3/1/2041
1/1/2041
3/1/2041
3/1/2041
9/1/2041
9/1/2041
9/1/2041

$
$
$
$
$

255,201
62,148
99,819
74,915
18,319

$
$
$
$
$

3,363
3,363
-

$ 251,838
$ 62,148
$ 99,819
$ 71,552
$ 18,319

4/5/2022
5/23/2022
9/19/2022
5/26/2022

Year 2023
1 = Total # Loans/Grants
1 = Total Outstanding
MHR-194

$
$

25,278
25,278

$
$

18
18

$
$

1/10/2023

Year 2024
8 = Total # Loans/Grants
8 = Total Outstanding
MHR-195
MHR-196
MHR-198
MHR-200
MHR-201
MHR-204
MHR-205
MHR-206

$
$
$
$
$
$
$
$
$

470,908
67,314
95,000
21,152
14,662
34,692
65,000
101,088
72,000

$
$
$
$
$
$
$
$
$

182
106
2
74
-

Loan
ID #

Year 2022
4 = Total # Loans/Grants
4 = Total Outstanding
MHR-185
MHR-186
MHR-190
MHR-193

Maturity
Date

Interest
Rate

5/1/2039
6/1/2039
5/1/2039
6/1/2039
1/1/2039
7/1/2039

1.0%
1.0%
1.0%
1.0%
1.0%
1.0%

3/1/2040
2/1/2040
5/26/2040
11/1/2040

1.0%
0.0%
0.0%
1.0%

5/1/2041
3/1/2041
1/1/2041
3/1/2041
3/1/2041
9/1/2041
9/1/2041
9/1/2041

0.0%
0.0%
1.0%
0.0%
0.0%
0.0%
0.0%
0.0%

5/1/2042
7/1/2042
11/1/2022
7/1/2042

5/1/2042
7/1/2042
10/1/2042
7/1/2042

0.0%
1.0%
1.0%
0.0%

7/1/2043

2/1/2043

1.0%

$ 470,726
$ 67,208 7/23/2024 9/1/2024
$ 95,000 11/7/2024 1/1/2025
$ 21,152 10/6/2023 10/1/2043
$ 14,662 1/24/2024 3/1/2044
$ 34,690 4/25/2024 7/1/2024
$ 64,926 7/30/2024 10/1/2024
$ 101,088 7/31/2024 8/1/2044
$ 72,000 10/24/2024 10/1/20244

8/1/2044
12/1/2044
10/1/2043
3/1/2044
6/30/2044
9/1/2044
8/1/2044
10/1/2044

1.0%
1.0%
0.0%
0.0%
1.0%
1.0%
0.0%
0.0%

25,260
25,260

Q1 2026 Financial Report - 62

Status

Paid Off

Paid Off

101

Return to Agenda

Major Home Repair Loans (MHR) - continued
As of March 31, 2026
Original Loan /
Grant
Amount

Principal
Payments

Loans
Receivable

Closing Date

First
Payment
Date

Year 2025
1 = Total # Loans/Grants
1 = Total Outstanding
MHR-208

$
$

135,000
135,000

$
$

$ 135,000
$ 135,000 12/31/2025

1/1/2026

Life-to-Date Total
127 = Total # Loans/Grants
59 = Total Outstanding

$

3,112,731

Loan
ID #

-

$ 1,104,972

Status

Maturity
Date

Interest
Rate

2/1/2026

0.0%

$ 2,007,759

Original loan amounts may differ from previously reported due to unexpected changes in the scope of work during construction or repairs.

Major Home Repair Sewer Loans Detail:
Major Home Repair Sewer Loans (MHRS)
As of March 31, 2026
Loan
ID #

Original Loan /
First
Grant
Principal
Loans
Payment
Amount
Payments Receivable Closing Date
Date

Status

Maturity Interest
Date
Rate

Year 2012
4 = Total # Loans/Grants
1 = Outstanding Loans
MHRS-01
MHRS-05
MHRS-06
MHRS-07

$
$
$
$
$

36,114
7,150
10,022
10,248
8,694

$ 25,866
$ 7,150
$ 10,022
$
$ 8,694

$ 10,248
$
$
$ 10,248
$
-

9/27/2012
Paid Off
9/18/2012 10/1/2032
9/11/2032
9/27/2012 12/1/2017
9/20/2017
9/11/2012 12/1/2017 Paid Off 9/5/2017

0.0%
0.0%
0.0%
0.0%

Year 2014
1 = Total # Loans/Grants
0 = Total Outstanding
MHRS-04

$
$

10,770
10,770

$ 10,770
$ 10,770

$
$

1/29/2015

4/1/2015 Paid Off 4/1/2035

0.0%

Year 2016
2 = Total # Loans/Grants
1 = Total Outstanding
MHRS-09
MHRS-10

$
$
$

50,485
12,724
37,761

$ 43,647
$ 5,886
$ 37,761

$
$
$

6,838
6,838 12/19/2016 2/1/2017
1/1/2037
12/19/2016 2/1/2017 Paid Off 1/1/2037

0.0%
0.0%

Year 2017
2 = Total # Loans/Grants
1 = Total Outstanding
MHRS-08
MHRS-11

$
$
$

31,532
8,243
23,289

$ 23,289
$
$ 23,289

$
$
$

8,243
8,243
-

0.0%
0.0%

Year 2023
1 = Total # Loans/Grants
1 = Total Outstanding
MHRS-13

$
$

16,506
16,506

$
$

700
700

$ 15,806
$ 15,806

8/31/2023 12/1/2023

12/1/2043

0.0%

Year 2025
1 = Total # Loans/Grants
1 = Total Outstanding
MHRS-14

$
$

24,540
24,540

$
$

777
777

$ 23,763
$ 23,763

6/4/2025

6/1/2045

1.0%

-

6/15/2017
6/19/2017

6/1/2037
6/1/2037
8/1/2017 Paid Off 7/1/2037

8/1/2025

Life-to-Date Total
11 = Total # Loans/Grants
5 = Total Outstanding
$
169,947 $ 105,049 $ 64,898
Original loan amounts may differ from previously reported due to unexpected changes in the scope of work during construction or
repairs.
Q1 2026 Financial Report - 63

102

Return to Agenda

Down Payment Assistance Loans & Grants Detail:
Down Payment Assistance - Loans & Grants
As of March 31, 2026
Original
Loan/Grant
Amount

Loan
ID #

Principal
Loans
Payments & Other Receivable

Closing
Date

First
Payment Date

Status

Maturity
Date

Interest
Rate

Year 2000
1 = Total # Loans/Grants
0 = Total Outstanding
DPA-001

$
$

5,000
5,000

$
$

5,000
5,000

$
$

-

12/5/2001

Paid Off

0.0%

Year 2001
11 = Total # Loans/Grants
0 = Total Outstanding
DPA-002
DPA-004
DPA-005
DPA-006
DPA-007
DPA-008
DPA-009
DPA-012
DPA-011
DPA-013
DPA-014

$
$
$
$
$
$
$
$
$
$
$
$

51,622
5,000
3,366
5,000
5,000
5,000
4,425
3,973
5,000
5,000
4,778
5,080

$
$
$
$
$
$
$
$
$
$
$
$

51,622
5,000
3,366
5,000
5,000
5,000
4,425
3,973
5,000
5,000
4,778
5,080

$
$
$
$
$
$
$
$
$
$
$
$

-

7/2/2001
8/28/2001
9/4/2001
9/20/2001
9/21/2001
10/18/2001
12/5/2001
1/25/2002
1/31/2002
2/28/2002
3/21/2002

Paid Off
Paid Off
Paid Off
Paid Off
Written Off
Paid Off
Paid Off
Paid Off
Paid Off
Paid Off
Paid Off

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

$
$
$
$
$
$
$
$
$

35,336
5,000
2,167
5,000
5,000
3,169
5,000
5,000
5,000

$
$
$
$
$
$
$
$
$

35,336
5,000
2,167
5,000
5,000
3,169
5,000
5,000
5,000

$
$
$

n/a
n/a
n/a
n/a
n/a
n/a

8/1/2003
8/20/2003
12/3/2003
1/22/2004
2/17/2004
4/22/2004
4/29/2004
6/30/2004

Paid Off
Paid Off

0.0%
0.0%
n/a
n/a
n/a
n/a
n/a
n/a

$
$
$
$

14,901
5,000
4,901
5,000

$
$
$
$

14,901
5,000
4,901
5,000

$
$
$
$

-

9/2/2004
9/28/2004
5/2/2005

Paid Off
Paid Off
Paid Off

$
$

7,000
7,000

$
$

6,903
6,903

$
$

97
97

7/26/2006

7/17/2026

$
$
$

8,700
5,200
3,500

$
$
$

3,500
3,500

$
$
$

5,200
5,200
-

2/28/2008

2/27/2028

Year 2003
8 = Total # Loans/Grants
0 = Total Outstanding
DPA-015
DPA-016
DPA-017 (Grant)
DPA-018 (Grant)
DPA-020 (Grant)
DPA-022 (Grant)
DPA-021 (Grant)
DPA-023 (Grant)
Year 2004
3 = Total # Loans/Grants
0 = Total Outstanding
DPA-024
DPA-025
DPA-026
Year 2006
1 = Total # Loans/Grants
1 = Total Outstanding
DPA-027
Year 2007
2 = Total # Loans/Grants
1 = Total Outstanding
DPA-029
DPA-030

Q1 2026 Financial Report - 64

n/a
n/a
n/a
n/a
n/a
n/a

0.0%
0.0%
0.0%

7/17/2026

0.0%

2/27/2028

0.0%
0.0%

Written Off

103

Return to Agenda

Down Payment Assistance - Loans & Grants (continued)
As of March 31, 2026
Original
Loan/Grant
Amount

Loan
ID #
Year 2008
4 = Total # Loans/Grants
0 = Total Outstanding
DPA-032
DPA-033
DPA-034
DPA-035
Year 2009
5 = Total # Loans/Grants
0 = Total Outstanding
DPA-041
DPA-042
DPA-044
DPA-046
DPA-055
Year 2010
2 = Total # Loans/Grants
1 = Total Outstanding
DPA-048
DPA-049
Year 2012
1 = Total # Loans/Grants
1 = Total Outstanding
DPA-050
Year 2014
1 = Total # Loans/Grants
0 = Total Outstanding
DPA-051
Year 2022
1 = Total # Loans/Grants
1 = Total Outstanding
DPA-059
Life-to-Date Total
40 = Total # Loans/Grant
5 = Total Outstanding

Principal
Loans
Payments & Other Receivable

Closing
Date

First
Payment Date

$
$
$
$
$

19,379
6,959
2,550
6,995
2,875

$
$
$
$
$

19,379
6,959
2,550
6,995
2,875

$
$
$
$
$

-

11/21/2008
12/22/2008
Short Sale
5/11/2009

$
$
$
$
$
$

23,791
7,000
4,410
2,091
7,000
3,290

$
$
$
$
$
$

23,791
7,000
4,410
2,091
7,000
3,290

$
$
$
$
$
$

-

9/30/2009
10/9/2009
11/30/2009
5/12/2010
6/18/2010

$
$
$

8,619
1,619
7,000

$
$
$

7,000
7,000

$
$
$

1,619
1,619 11/18/2010
5/25/2011

10/29/2030
5/16/2031

$
$

2,250
2,250

$
$

-

$
$

2,250
2,250 10/24/2012

10/16/2032

$
$

3,364
3,364

$
$

3,364
3,364

$
$

$
$

27,500
27,500

$
$

-

$ 27,500
$ 27,500

$

207,462

$

170,796

$ 36,666

-

Maturity
Date

Interest
Rate

Written Off
Paid Off 12/18/2028
Written Off
4/27/2029 Paid Off 4/27/2029

0.0%
0.0%
0.0%
0.0%

Paid Off
Paid Off
Paid Off
Paid Off
Paid Off

0.0%
0.0%
0.0%
0.0%
0.0%

2/18/2028

10/7/2029

9/30/2014

4/28/2022

Status

Paid Off

10/7/2029
5/5/2030

10/29/2030
5/16/2031

0.0%
0.0%

10/16/2032

0.0%

Paid Off

5/1/2052

0.0%

5/1/2052

1.0%

Original loan amounts may differ from previously reported due to unexpected changes in the scope of work during construction or repairs.

CDBG Loan Detail:
The City of Lakewood note receivable from Living Access Support Alliance (LASA) of $250,000 is for partial
funding of the Client Services Center project. This is a 20-year deferred loan at zero interest.

Loan
ID #
2013-01
Life-to-Date Total
1 = Total # Loans
1 = Outstanding

CDBG Entitlement Loan - Living Access Support Alliance Loan (LASA)
As of March 31, 2026
Original
Loan/Grant
Total
Loans
Closing
First
Maturity Interest
Amount
Principal Paid Receivable
Date
Payment Date
Date
Rate
$

250,000

$

-

$ 250,000 6/2/2014

$

250,000

$

-

$ 250,000

Q1 2026 Financial Report - 65

6/2/2034 6/2/2034

0.0%

104

Return to Agenda

HOME:
In accordance with HOME federal regulations, expenditures for the
HOME program have primarily focused investment in the creation
of, maintenance of, or acquisition of affordable housing for low and
moderate income individuals.
Programs funded include the
Housing Rehabilitation Program (single-family homeowner
rehabilitation), Down Payment Assistance, and the Affordable
Housing Fund (investments primarily with Habitat for Humanity
and various non-profit housing providers).
The Housing
Rehabilitation, Down Payment, and Affordable Housing Funds all
have corresponding Revolving Loan Funds (RLF) established in
accordance with HUD regulations, which allow for the recapture
and reuse of loan funds for similar housing activities.
The HOME program is funded annually through the Lakewood and
Tacoma HOME Consortium.
The Consortium reimburses
expenditures for the City of Lakewood’s projects/programs, which
include Housing Rehabilitation, Affordable Housing, and Home
Down Payment Loans, to the City of Lakewood. The notes on these
loans are held and tracked by the Lakewood and Tacoma HOME
Consortium in Tacoma, and are not accounted for in Fund 190
CDBG.

HOME Housing Rehabilitation Loans
As of March 31, 2026
# of
Original
Program Year Projects Amount
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
Total

1
1
1
1
2
1
4
2
3
6
7
3
7
7
10
11
5
3
1
76

$ 65,000
$ 82,718
$ 39,000
$ 74,611
$ 88,697
$
$ 36,258
$ 198,142
$ 131,300
$ 178,130
$ 412,850
$ 289,765
$ 179,627
$ 379,491
$ 286,313
$ 396,715
$ 343,491
$ 155,914
$ 126,899
$ 40,000
$ 3,504,921

Original loan amounts may differ from
previously reported due to unexpected
changes in the scope of work during
construction or repairs.

Q1 2026 Financial Report - 66

105

Return to Agenda

HOME Housing Rehabilitation Loan Detail:

Loan
ID #
Year 2000
1 = Total # Loans
0 = Total Outstanding
LHR-001
Year 2001
3 = Total # Loans
0 = Total Outstanding
LHR-002
LHR-004
LHR-005
Year 2002
5 = Total # Loans
1 = Total # O/S
LHR-003
LHR-006
LHR-007
LHR-008
LHR-011
Year 2003
11 = Total # Loans
3 = Total # O/S
LHR-009
LHR-012
LHR-012B
LHR-013
LHR-014
LHR-016
LHR-019
LHR-020
LHR-022
LHR-026
LHR-032
Year 2004
10 = Total # Loans
1 = Total # O/S
LHR-018
LHR-019B
LHR-021
LHR-025R
LHR-027
LHR-028
LHR-030
LHR-031
LHR-039
LHR-041
Year 2005
7 = Total # Loans
2 = Total # O/S
LHR-033R
LHR-034
LHR-038
LHR-043
LHR-047
LHR-049
LHR-052

Original
Loan Amount

Loan
Adj

HOME Housing Rehabilitation Loans
As of March 31, 2026
Net
Principal Paid &
Loans
First Payment
Loan Amount
Write Offs
Receivable Closing Date
Date

Status

Maturity
Date

Interest
Rate

$
$

40,000
40,000

$
$

-

$
$

40,000
40,000

$
$

40,000
40,000

$
$

-

9/23/2002

Paid Off

0.0%

$
$
$
$

126,899
49,979
40,000
36,920

$
$
$
$

-

$
$
$
$

126,899
49,979
40,000
36,920

$
$
$
$

126,899
49,979
40,000
36,920

$
$
$
$

-

7/23/2003
9/8/2003
9/16/2003

Paid Off
Paid Off
Paid Off

0.0%
0.0%
0.0%

$
$
$
$
$
$

155,914
39,028
50,000
30,735
15,808
20,343

$
$
$
$
$
$

-

$
$
$
$
$
$

155,914
39,028
50,000
30,735
15,808
20,343

$
$
$
$
$
$

140,467
39,028
50,000
30,735
361
20,343

$
$
$
$
$
$

15,447
15,447
-

9/15/2004
7/22/2002
9/23/2004
2/28/2003
12/3/2004

Paid Off
Paid Off
Paid Off

0.0%
0.0%
0.0%
0.0%
0.0%

$
$
$
$
$
$
$
$
$
$
$
$

343,491
40,000
45,176
23,145
35,328
45,560
42,304
23,344
18,744
26,520
28,760
14,610

$ 9,876
$
$
$
$
$
$
$ 1,792
$
$
$
$ 8,084

$
$
$
$
$
$
$
$
$
$
$
$

333,615
40,000
45,176
23,145
35,328
45,560
42,304
21,552
18,744
26,520
28,760
6,526

$
$
$
$
$
$
$
$
$
$
$
$

248,005
45,176
23,145
35,328
45,560
42,304
18,744
26,520
4,702
6,526

$
$
$
$
$
$
$
$
$
$
$
$

85,610
40,000 7/31/2003
10/19/2005
5/14/2004
9/1/2005
6/1/2004
4/11/2006
21,552 12/18/2003
11/13/2003
6/7/2006
24,058 5/4/2004
6/21/2004

$
$
$
$
$
$
$
$
$
$
$

396,715
51,089
19,500
34,100
53,097
47,838
48,000
48,000
13,072
38,704
43,315

$ 35,664
$ 19,574
$
94
$
$
$
$
$ 15,996
$
$
$
-

$
$
$
$
$
$
$
$
$
$
$

361,051
31,515
19,406
34,100
53,097
47,838
48,000
32,004
13,072
38,704
43,315

$
$
$
$
$
$
$
$
$
$
$

341,457
31,515
(188)
34,100
53,097
47,838
48,000
32,004
13,072
38,704
43,315

$
$
$
$
$
$
$
$
$
$
$

19,594
19,594
-

11/14/2006
4/29/2005
7/28/2004
10/11/2004
4/2/2005
6/6/2005
12/16/2004
12/20/2006
3/30/2005
5/22/2007

$
$
$
$
$
$
$
$

286,313
33,752
52,577
26,504
41,480
25,500
65,000
41,500

$
$
$
$
$
$
$
$

$
$
$
$
$
$
$
$

286,313
33,752
52,577
26,504
41,480
25,500
65,000
41,500

$
$
$
$
$
$
$
$

195,813
33,752
52,577
26,504
41,480
41,500

$
$
$
$
$
$
$
$

90,500
25,500
65,000
-

8/29/2005
8/23/2005
2/14/2006
11/8/2007
6/8/2006
6/1/2006
6/23/2006

-

Q1 2026 Financial Report - 67

2/1/2023

2/28/2023
Paid Off

4/1/2023

6/1/2024
12/18/2023
11/1/2023

4/1/2043
Paid Off
Paid Off
Paid Off
Paid Off
Paid Off
Paid Off
Paid Off

5/1/2024

6/1/2024
12/18/2043
11/13/2023
5/4/2024

Paid Off

Paid Off
4/29/2025
7/1/2024

Paid Off
Paid Off
Paid Off

6/6/2025

3/30/2025

8/23/2025

6/8/2026
6/1/2026
6/23/2026

12/27/2026
7/28/2024
10/11/2024
6/6/2025

Paid Off
Paid Off
Paid Off
Paid Off

Paid Off
Paid Off
Paid Off
Paid Off

Paid Off

3/30/2025

8/23/2025

6/8/2026
6/1/2026
6/23/2026

106

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

Return to Agenda

Loan
ID #
Year 2006
7 = Total # Loans
1 = Total # O/S
LHR-040
LHR-050
LHR-053
LHR-054
LHR-055
LHR-057
LHR-060
Year 2007
3 = Total # Loans
2 = Total # O/S
LHR-062
LHR-058/087
LHR-063
Year 2008
7 = Total # Loans
2 = Total # O/S
LHR-066
LHR-068
LHR-069
LHR-070
LHR-071
LHR-072
LHR-073
Year 2009
6 = Total # Loans
2 = Total # O/S
LHR-074
LHR-076
LHR-077
LHR-078
LHR-080
LHR-082
Year 2010
3 = Total # Loans
1 = Total # O/S
LHR-081
LHR-085
LHR-086
Year 2011
2 = Total # Loans
2 = Total # O/S
LHR-090
LHR-091
Year 2012
4 = Total # Loans
2 = Total # O/S
LHR-094
LHR-095
LHR-096
LHR-097
Year 2013
1 = Total # Loans
1 = Total # O/S
LHR-066R
Year 2015
2 = Total # Loans
1 = Total # O/S
LHR-099X/018
LHR-100
Year 2016
1 = Total # Loans
0 = Total # O/S
LHR-101

Original
Loan Amount

Loan
Adj

HOME Housing Rehabilitation Loans - continued
As of March 31, 2026
Net
Principal Paid &
Loans
First Payment
Loan Amount
Write Offs
Receivable Closing Date
Date

$
$
$
$
$
$
$
$

379,491
42,420
52,000
73,910
47,570
69,150
65,039
29,402

$ (4,100)
$ (4,100)
$
$
$
$
$
$
-

$
$
$
$
$
$
$
$

383,591
46,520
52,000
73,910
47,570
69,150
65,039
29,402

$
$
$
$
$
$
$
$

314,698
46,520
52,000
73,910
47,570
257
65,039
29,402

$

68,893

$
$
$
$
$
$

10/4/2006
8/23/2006
10/24/2006
1/31/2007
68,893 1/31/2007
3/29/2007
2/12/2009

$
$
$
$

179,627
57,060
56,967
65,600

$
$
$

37

$
$
$
$

179,590
57,060
56,967
65,563

$
$
$
$

57,160
57,060
100

$ 122,430
$
12/23/2009
$ 56,967 8/17/2007
$ 65,463 1/31/2008

$
$
$
$
$
$
$
$

289,765
36,915
49,085
26,450
38,050
62,845
50,070
26,350

$
$
$
$
$
$
$
$

750
750
-

$
$
$
$
$
$
$
$

289,015
36,915
49,085
26,450
38,050
62,845
49,320
26,350

$
$
$
$
$
$
$
$

200,569
36,915
49,085
181
38,050
668
49,320
26,350

$
$
$
$
$
$
$
$

$
$
$
$
$
$
$

412,850
59,525
64,300
83,100
65,000
61,685
79,240

$
$
$
$
$
$
$

-

$
$
$
$
$
$
$

412,850
59,525
64,300
83,100
65,000
61,685
79,240

$
$
$
$
$
$
$

295,976
3,242
64,300
83,100
65,000
1,094
79,240

$ 116,874
$ 56,283 10/2/2009
$
11/6/2009
$
11/9/2011
$
9/15/2009
$ 60,591 12/17/2009
$
2/16/2010

9/15/2029
12/31/2029
2/16/2030

$
$
$
$

178,130
59,150
52,200
66,780

$
$
$
$

-

$
$
$
$

178,130
59,150
52,200
66,780

$
$
$
$

158,672
59,150
32,742
66,780

$
$
$
$

19,458
19,458
-

1/31/2011
2/2/2011
5/5/2011

12/28/2030
2/18/2031
5/5/2031

$
$
$

131,300
47,500
83,800

$
$
$

-

$
$
$

131,300
47,500
83,800

$
$
$

15,044
14,807
237

$ 116,256
$ 32,693
$ 83,563

4/5/2012
5/8/2012

4/5/2032
5/8/2032

$
$
$
$
$

198,142
31,467
41,175
50,000
75,500

$
$
$
$
$

-

$
$
$
$
$

198,142
31,467
41,175
50,000
75,500

$
$
$
$
$

82,133
31,467
41,175
561
8,930

$ 116,009
$
9/28/2012
$
12/30/2014
$ 49,439 1/23/2013
$ 66,570 2/20/2013

$
$

36,258
36,258

$
$

-

$
$

36,258
36,258

$
$

28,945
28,945

$
$

7,313
7,313

$
$
$

88,697
15,947
72,750

$
$
$

-

$
$
$

88,697
15,947
72,750

$
$
$

53,197
15,947
37,250

$
$
$

$
$

74,611
74,611

$
$

-

$
$

74,611
74,611

$
74,611 $
$
74,611 $
Q1 2026 Financial Report - 68

37
-

88,446
7/2/2010
10/10/2008
26,269 2/24/2009
10/10/2008
62,177 10/10/2008
9/30/2010
4/10/2009

1/1/2013
8/1/2017
1/31/2026
3/29/2027

Maturity
Date

Interest
Rate

Paid Off
Paid Off 8/23/2026
Written Off
Paid Off 1/31/2027
1/31/2027
3/29/2027
Written Off

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

Paid Off

0.0%
0.0%
0.0%

Status

8/17/2018
2/1/2028

10/10/2028
12/19/2028

8/17/2027
1/31/2028

Paid Off
Paid Off

10/10/2028
2/24/2029

Paid Off
10/10/2028
4/10/2029

10/2/2029
11/1/2029

Paid Off
Paid Off
Paid Off

4/10/2029

10/2/2029
11/6/2029
9/15/2029
12/17/2029

Paid Off

Paid Off
Paid Off

Paid Off
Paid Off

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

1/31/2031
2/2/2031
5/5/2031

0.0%
0.0%
0.0%

4/5/2029
5/8/2032

0.0%
0.0%

9/28/2032

1/29/2018
2/20/2033

1/23/2033
4/20/2033

0.0%
0.0%
0.0%
0.0%

8/27/2013

10/1/2013

10/1/2028

0.0%

35,500
12/29/2015
35,500 9/28/2015

1/1/2016
11/1/2015

Paid Off

12/29/2035
10/31/2035

0.0%
0.0%

8/26/2036

Paid Off

7/1/2036
107

0.0%

8/26/2016

9/28/2032

10/10/2028
Paid Off
Paid Off

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

Return to Agenda
HOME Housing Rehabilitation Loans - continued
As of March 31, 2026
Net
Principal Paid &
Loans
First Payment
Loan Amount
Write Offs
Receivable Closing Date
Date

Loan
Original
Loan
ID #
Adj
Status
Loan Amount
Year 2017
1 = Total # Loans
0 = Total # O/S
$
39,000 $
$
39,000 $
39,000 $
LHR-103
$
39,000 $
$
39,000 $
39,000 $
1/3/2018
3/1/2018
Paid Off
Year 2018
1 = Total # Loans
1 = Total # O/S
$
82,718 $ 7,718 $
75,000 $
$ 75,000
LHR-01
$
82,718 $ 7,718 $
75,000 $
$ 75,000 7/28/2018
8/1/2038
Year 2019
1 = Total # Loans
1 = Total # O/S
$
65,000 $
$
65,000 $
$ 65,000
LRH-01 Total
$
65,000 $
$
65,000 $
$ 65,000 3/12/2020
1/1/2040
Life-to-Date
76 = Total # Loans
23 = Total # O/S
$ 3,504,921 $ 49,945 $ 3,454,976 $
2,412,646 $ 1,042,330
Original loan amounts may differ from previously reported due to unexpected changes in the scope of work during construction or repairs.

Maturity
Date

Interest
Rate

2/1/2038

0.0%

8/1/2038

0.0%

1/1/2040

0.0%

Section 108:
Section 108:
The Section 108 program funds are used to fund large-scale, capital intensive economic development,
housing, public facilities, and infrastructure and community development projects throughout Lakewood.
This funding source most closely mirrors CDBG program regulations and requirements, in that, it must
meet the national objective of serving low and moderate income individuals (primarily through the creation
or retention of jobs for low and moderate income persons). Funding is to be awarded to qualifying projects
as “gap funding” and is typically the final piece of the financing puzzle required to complete a project’s
budget. Funds are to be provided as loans with terms up to 20 years and carry standard underwriting and
collateralization requirements. Section 108 loans require borrower (jurisdiction) to pledge current and
future CDBG allocations as principal security for the loan guarantee with additional collateral security being
provided to the City by the final borrower (business or end use).
In 2012, the City of Lakewood applied for and was allocated $2,888,000 in Section 108 Loan Guarantee
funding from HUD. To be eligible for continuation of this loan program, the City must reapply every five
years, which the City did not. If the City were to reapply, the City may be eligible for $1,981,575 as of July 1,
2026 (maximum loan amount is five times the current allocation of $512,515 less outstanding principal
balances of $581,000). Changes in underwriting requirements and complexity, new administrative and
programmatic regulations, along with additional HUD charges and increasing commercial borrowing rates
were some of the determining factors to not reapply and pursue this type of financing source only as last
resort.

Q1 2026 Financial Report - 69

108

Return to Agenda

Section 108 Loans
As of March 31, 2026

Loan
ID #
Year 2014
1 = Total # Loans
1 = Total # O/S
Curbside Motors
Year 2015
1 = Total # Loans
1 = Total # O/S

Living Access Support Alliance (LASA)
Year 2017
1 = Total # Loans
0 = Total # O/S
City of Lakewood 108th Street
Life-to-Date Total
3 = Total # Loans
2 = Total # O/S

Original
Loan/Grant
Total
Total
Amount
Principal Paid Interest Paid Loan Balance

Closing
Date

First
Payment
Date

Maturity Interest
Date
Rate

$ 700,000
$ 700,000

$
$

327,000
327,000

$ 210,327
$ 210,327

$
$

373,000
373,000 12/5/2014 8/1/2015

8/1/2034 4.25%

$ 310,000
$ 310,000

$
$

102,000
102,000

$ 112,817
$ 112,817

$
$

208,000
208,000 5/28/2015 8/1/2020

8/1/2034 4.25%

$ 141,000
$ 141,000

$
$

141,000
141,000

$
$

6,349
6,349

$
$

-

$ 1,151,000

$

570,000

$ 329,493

$

581,000

1.5%
8/31/2017 8/1/2018 8/31/2020 variable

On August 31, 2017, the City entered into a Contract Loan Guarantee with Housing Urban Development for the overlay project 108th Street. The loan
amount is $141,000 to be paid with three years of CDBG entitlement funds. This was approved in the annual action plan and the note application.
The security pledge is the City’s full faith and credit. The interest rate is variable and is set by LIBOR. As of 9/30/2020 the outstanding principal balance
for this loan is zero.
A Section 108 Loan in the amount of $700,000 was issued in 2014 for Curbside Motors Incorporated and another for $310,000 in 2015 for Living
Access Support Alliance by the United States Department of Housing and Urban Development (HUD) to the City. The outstanding combined principal
balance as of March 31, 2026 of $581,000 is being repaid by a third party and, therefore, is not recognizable as debt on the City’s long-term debt
schedule or City's financials.

Q1 2026 Financial Report - 70

109

Return to Agenda

Loan Repayment by Program
The following table provides a schedule of loan repayments by program.
Loan Repayment by Program
Major Home Repairs
Major Home Repair Sewers
Down Payment Assistance
CDBG Entitlement Loan
Home Housing Rehab Loans
Section 108*
Total

2026
2027
2028-2040
$ 64,501 $ 68,379 $ 646,601
1,248
1,248
31,833
97
9,069
250,000
144,405
140,260
676,521
58,000
60,000
463,000
$ 268,251 $ 269,887 $ 2,077,024
Average Annual Years 2028-2040 $ 159,771
Average Annual Years 2041-2060
*Includes: HUD Section 108 = 108th St., HUD LASA, HUD Curbside Motors

2041-2060
$ 1,228,278
30,569
27,500
81,144
$ 1,367,491
$

68,375

Loan Repayment by Program
2026-2027

Major Home Repairs

$300,000

Major Home Repair
Sewers
Down Payment
Assistance

$200,000

CDBG Entitlement
Loan

$100,000

Home Housing
Rehab Loans
Section 108*

$0
2026

2027

CDBG Fund Summary
The following tables provide the fund’s financial information.
Fund 190 CDBG
Balance Sheet
As of March 31, 2026
Assets:
Cash
Due From Other Governments
Notes/Loan Receivable - CDBG Down Payment Assistance
Notes/Loan Receivable - CDBG Major Home & Sewer Repairs
Notes/Loan Receivable - CDBG LASA
Total Assets
Liabilities:
Retainage Payable
Payroll Payable
HUD DPA Checking Interest
Total Liabilities

$

(7,561)
28,922
36,666
2,072,657
250,000
$ 2,380,684
$

$

21,149
10,209
215
31,573

Fund Balance (Restricted)

$ 2,349,111

Total Liabilities & Fund Balance

$ 2,380,684

Q1 2026 Financial Report - 71

110

Return to Agenda

Year-to-date through March 31, 2026
Beginning Balance Revenue
Expenditure Fund Balance
$
2,362,084 $ 80,804 $ 101,025 $ 2,341,863
15,427
15,427
7,248
7,248
Total $
2,369,332 $ 96,231 $ 116,452 $ 2,349,111

Fund 190 CDBG Summary
CDBG
HOME
Nisqually Tribal

Fund 190 CDBG
CDBG
Administration
Administration
1
Administration - Revolving Program Income
Public Service
Emergency Payments Program
Housing Programs
2
Major Home Repair/Sewer
Emergency Assistance Displaced Resident
Admin of HOME Programs
Habitat- Aging in Place Program
3
Major/DPA Revolving Loans
Affordable Housing
CDBG Loan
HOME
Administration
Affordable Housing - 15121 Boat St SW
Affordable Housing - Gravelly Lake Commons
HOME ARP
NISQUALLY & OTHER
Emergency Assist Displaced Residents
Emergency Assist Displaced Residents
Minor Home Repairs
Minor Home Repairs
Total

Beginning Balance
$
2,362,084
(39,949)
(39,949)
2,152,033
(12,438)
2,164,471
250,000
250,000
$
$
7,248
441
441
6,807
6,807
$
2,369,332

Revenue
$ 80,804
20,484
20,484
2,358
2,358
57,962
50,223
2,906
3,073
1,760
$ 15,427
15,427
$
$ 96,231

Expenditure
$ 101,025
23,046
20,484
2,562
2,358
2,358
75,621
58,934
2,906
3,073
10,708
$
15,427
15,427
$
$ 116,452

Ending
Balance
$ 2,341,863
(42,511)
(42,511)
2,134,374
(21,149)
2,155,523
250,000
250,000
$
$
7,248
441
441
6,807
6,807
$ 2,349,111

1 Loan payment program income expenditures.
2 Retainage withheld per contract requirements.
3 Major Revolving Loan Activity - Loan payment interest & fees/expenditures and loan disbursements.

Fund 191 Neighborhood Stabilization Program
The purpose of this fund is to account for the revenues and expenditures associated with the Federal
Neighborhood Stabilization Program. The NSP was established for the purpose of stabilizing communities
that have suffered from foreclosures and abandonment. The NSP1 program provides funds to purchase
and redevelop foreclosed and abandoned residential properties and/or structures. The NSP3 program
provides a third round of neighborhood stabilization grants to all states and select governments on a
formula basis. Revolving funds are used to pay for program costs.

Year-to-date through March 31, 2026
Beginning
Balance

Neighborhood Stabilization Program

Revenue

Ending
Balance

Expenditure

Neighborhood Sta bi l i za ti on Progra m 3 $

14,148

$

-

$

-

$

14,148

Total $

14,148

$

-

$

-

$

14,148

Q1 2026 Financial Report - 72

111

Return to Agenda

Fund 192 South Sound Military Communities Partnership
The purpose of this fund is to account for the revenues and
expenditures associated with the Federal Office of
Economic Adjustment Grant Program, which provides
grants to assist communities with the alleviation of
socioeconomic effects that may result from military base
closures and realignments. This fund also accounts for all
activities associated with the South Sound Military
Communities Partnership (SSMCP). The following table
provides a financial summary of the SSMCP and associated
programs (OLDCC Office of Local Defense Community
Cooperation, formerly Office of Economic Adjustment).

Fund 192 SSMCP
Balance Sheet
As of March 31, 2026
Assets:
Cash
Accounts Receivable

$ 282,260
12,201
Total Assets $ 294,460

Liabilities:
Payroll Payable
Interfund Loan Payable
Leasehold Tax Payable
Deferred Inflow

$

6,652
7,114
1,284
18,000
Total Liabilities $ 33,051
Fund Balance $ 261,410

Total Liabilities & Fund Balance $ 294,460

South Sound Military Communities Partnership

2026
Annual Budget Actual YTD Mar

Operating Revenues:
SSMCP Participation - City of Lakewood
SSMCP Participation - Others
Contributions & Donations

$

Total Operating Revenues $
Operating Expenditures:
Personnel
Other Services & Charges
Total Operating Expenditures $
Subtotal Operating Revenues Over/(Under) Uses
$
Other Sources:
Tactical Tailor Building Acquisition:
Tactical Tailor Lease & Other Reimbursements
Subtotal
OLDCC Grant - JBLM Growth Management
Federal Grant - Office of Local Defense Community Cooperation (OLDCC)
Subtotal
North Clear Zone Grant - 2916 107th St S
WA Department of Commerce
Subtotal
Total Other Sources
Other Uses:
Tactical Tailor Building Acquisition:
Tactical Tailor Lease & Other Costs
Subtotal
OLDCC Grant - JBLM Growth Management
Federal Grant - Office of Local Defense Community Cooperation (OLDCC)
Subtotal
North Clear Zone Grant - 2916 107th St S
WA Department of Commerce
Subtotal
Total Other Uses
Subtotal Other - Sources Over/(Under) Uses
Total Sources
Total Uses

$

75,000
269,550
8,000
352,550

$

$

75,000
126,000
201,000

280,228
207,863
488,091 $
(135,541) $

35,983
7,483
43,466
157,534

7,113
7,113

-

535,898
535,898

-

626,172
626,172
1,169,183

$

-

917
917

-

535,898
535,898

-

$
$
$
$

626,172
626,172
1,162,987
6,196
1,521,733
1,651,078

$
$
$
$

25,469
25,469
25,469
(25,469)
201,000
68,935

Beginning Fund Balance

$
$

(129,345) $
129,345 $

132,065
129,345

Ending Balance

$

-

261,410

Total - Sources Over/(Under) Uses

Q1 2026 Financial Report - 73

$

112

Return to Agenda

Fund 196 American Rescue Plan Act (ARPA)
On March 12, 2021, President Biden signed the American Rescue Plan Act of 2021 (ARPA). Per Title IX Part 8
Subtitle M of the act, ARPA allocates funds to states, counties and cities for their use to mitigate the effects
of COVID-19 has had on their government’s revenue and operations as well as their citizens
ARPA funds total $1.9 trillion, of which $350 billion is allocated to states and local governments. The State
portion of the funding is $195 billion of which $1.25 billion minimum is distributed equally among the 50 states
and the District of Columbia. The remaining state portion is distributed according to a formula that takes
into account each state’s share of unemployed individuals.
The local portion of the funding totals $130 billion, which is equally divided between cities and counties. For
cities, $45.5 billion of the $65 billion will be allocated to metropolitan cities (population over 50,000) utilizing
a modified formula and the remaining amounts for smaller jurisdictions (population under 50,000) will be
allocated according to population share but will not exceed 75% of their most recent budget. For counties,
the $65 billion is allocated based on the county share of population. Counties that are CDBG recipients will
receive the larger share between the population based on CDBG formula.
As a metropolitan city, Lakewood was allocated $13.77 million in ARPA funds. Funds will be disbursed in two
traunches, each 50% ($6.88M). The City received the first disbursement in August 2021 and the second
disbursement in August 2022 (12 months after the first distribution).
Eligible uses include:
 (A) to respond to the public health emergency with respect to the Coronavirus Disease 2019
(COVID-19) or its negative impacts, including assistance to households, small businesses, and
nonprofits, or aid to impacted industries such as tourism, travel, and hospitality;
 (B) to respond to workers performing essential work during the COVID-19 public health
emergency by providing premium pay to eligible workers of the State, territory, or Tribal / local
government that are performing such essential work, or by providing grants to eligible employers
that have eligible workers who perform essential work;
 (C) for the provision of government services to the extent of the reduction in revenues of such
State, territory, or Tribal/local government due to the COVID-19 public health emergency relative
to revenues collected in the most recent full year of the State, territory, or Tribal / local government
prior to the emergency; or
 (D) to make necessary investments in water, sewer, or broadband infrastructure.
ARPA funds are one-time monies, and commensurate with City financial policies, should only be used for
one-time purposes versus ongoing operations. The additional administrative support needed to administer
ARPA funds will depend on the scope and number of grants or programs the City Council directs to be
established.
The entire program funds are budgeted in the year the City Council approved the program even though the
program may span over multiple years. The rationale for this is to account for the programs on a project
length basis. Unspent funds will be carried over to the following year and unspent funds after that will roll
over into the next year through 2026, which is the year in which all ARPA funds must be spent or returned to
Treasury.
Per Treasury, the funds may accumulate interest, which the City may keep and use at its discretion. Interest
earnings have been allocated to other ARPA related programs.
Fiscal Recovery Funds must be used in eligible use categories specified in the American Rescue Plan Act and
implemented in the Interim Final Rule. Over the past year these have been adjusted to provide substantial
flexibility for each jurisdiction to meet local needs.
Life-to-date ARPA activity and budgeted program details are provided in the sections that follow.

Q1 2026 Financial Report - 74

113

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American Rescue Plan Act (ARPA)
Actual
Obligated
Amounts

Program
Current Projects:
Boys & Girls Club

$

237,374

2021
$

2022
-

$

2023

46,738

$

2024

41,394

$

2025

70,093

$

2026

68,177

$

Life to Date

7,607

$

234,009

Dolly Parton Imagination Library

77,426

-

-

6,075

16,681

21,604

1,736

46,096

LWD Admin Costs Post 2024

111,000

-

-

-

-

72,091

5,527

77,618

LWD Camp Murray Boat Launch Master Plan

100,000

-

-

-

-

-

3,046

3,046

LWD City Reader Boards
LWD Edgewater & Downtown Parks

320,000
879,032

-

-

8,560
11,609

15,831
992,408

178,935
(124,985)

-

203,327
879,032

LWD Street End Pilot Project

500,000

-

-

-

-

98,507

18,985

117,492

LWD Urban Forestry Prog

340,000

-

-

-

143,286

17,892

40,057

201,236

341,250
316,853
$ 3,222,935

-

65,000
16,812
128,550

62,310
69,600
1,370,209

47,852
75,000
455,074 $

76,957 $

221,699
236,453
2,220,005

Rebuilding Together South Sound
YMCA Programs:
Total - Current Projects

$

$

46,537
75,041
189,216 $

$

$

Completed Projects:
Aspen Court

300,000

1,000,000

(700,000)

-

-

-

-

300,000

5,000

-

-

2,500

2,500

-

-

5,000

1,065

1,065

-

-

-

-

-

1,065

242,000
1,000,000

-

-

229,451
-

12,549
720,250

279,750

-

242,000
1,000,000

LWD CSAB 1% Funds Career Team Workforce Training

72,143

-

36,313

35,830

-

-

-

72,143

LWD CSAB 1% Funds Youth Mental Health
LWD 2024 Comprehensive Plan SEIS

68,000

-

34,000

34,000

-

-

-

68,000

86,905

-

-

-

86,905

-

-

86,905

LWD American Lake Park Improvement Plan

78,500
350,000

-

-

78,500
-

-

350,000

-

78,500
350,000

LWD City Hall HVAC
LWD City Hall Space Evaluation

525,000

-

5,146

169,872

349,983

-

-

525,000

101,412

-

60,755

40,658

-

-

-

101,412

LWD City Website and Multilingual Services

15,051

1,046

14,005

-

-

-

-

15,051

LWD Energy Audit Improvements

500,000
3,133

1,098

2,035

-

500,000
-

-

-

500,000
3,133

LWD Indirect Admin Cost
LWD Legal PRA: LPD Body Cameras Operations

235,266

48,786

77,230

63,496

45,753

-

-

235,266

721,510

15,815

190,430

274,811

193,967

46,486

-

721,510

LWD Municipal Court Technology Improvements

141,750

-

54,976

86,774

-

-

-

141,750

LWD Police Body Cameras & Video Storage

102,944
607,500

98,044
-

4,900
607,500

-

-

-

-

102,944
607,500

LWD Shoreline Master Program/Critical Areas Ord
LWD Springbrook Connections

16,475

-

-

-

16,475

-

-

16,475

49,950

-

-

49,950

-

-

-

49,950

Emergency Food Network Monte Vista Warehouse

1,000,000

-

-

750,000

250,000

-

-

1,000,000

Nourish Pierce County

2,000,000
500,000

99,250

400,750

1,250,000
-

750,000
-

-

-

2,000,000
500,000

1,000,000

-

-

-

-

1,000,000

-

1,000,000

471,538

-

102,023

159,599

123,555

86,361

-

471,537

34,170
229,990

34,170
-

158,090

71,900

-

-

-

34,170
229,990

84,000
Total - Completed Projects $ 10,543,302

$ 1,299,275

26,352
$ 1,074,504

30,364
$ 3,327,705

Total - ARPA Exp $13,766,236
1,016,062

$ 1,299,275
-

$ 1,203,054
-

$ 3,516,921
92,432

779,517

-

-

871,949

700,000

-

700,000

-

-

-

-

700,000

1,037,273

-

-

-

920,082

-

-

Total - Other Exp $ 2,753,335
Grand Total $16,519,571

$
$ 1,299,275

$ 700,000
$ 1,903,054

$
92,432
$ 3,609,353

1,699,599
6,149,028

$
$ 2,217,671

Buffalo Museum
Emergency Services Alert & Warning System
Habitat for Humanity Boat Street Project
LASA Gravelly Lake Phase 3

LWD City Hall Beam Project

LWD HR Temporary Staffing for COVID Tracing

LWD Police Retention Bonus

Pierce County BIPOC Business Accelerator Contribution
Pierce County Village
Tacomaprobono Housing Justice
Warriors of Change
West Pierce Fire & Rescue
Youth Employment Program

General Fund - LWD Edgewater & Downtown Parks
Aspen Court (Returned)

Interest Earnings - LWD Edgewater & Downtown Parks

Unspent Balance as of 03/31/2026 by Source Type
ARPA Grant Funds
Program Income (Aspen Court Returned)
General Fund - Edgewater & Downtown Parks
Interest Earnings LTD 03/31/26
for Edgewater/Downtown Parks

$
$

$
$

27,283
3,079,220 $ 1,762,597
4,449,429 $ 2,217,671

$
- $
$ 76,957

$
$

76,957

84,000
10,543,301
12,763,306

920,082
$
$

2,492,031
15,255,337

Remaining
Sources
Uses
Balance
$ 13,766,236 $ 12,763,306 $ 1,002,930
700,000
700,000
871,949
871,949
-

1,037,273
Total $ 16,375,458

Q1 2026 Financial Report - 75

920,082
117,190
$ 15,255,337 $ 1,120,120

114

Return to Agenda

CURRENT PROJECTS
Boys & Girls Club Teen Service Programs (2022-2026) – Total Obligated $237,374
Life-to-date expenditures total $234,009.
The City obligated funds to provide Teen Service Programs (“Teen Late Nights”, “Teen Mental Health First
Aid”, “Talk Saves Lives”) over a 5 year period ending in 2026.
Dolly Parton Imagination Library - Total Obligated $77,426
Life-to-date expenditures total $46,096.
The City obligated funds to partner with the Lakewood Rotary Club, Clover Park School District, Pierce County
Libraries, and other community organizations to support the establishment of a Lakewood Dolly Parton
Imagination Library (DPIL).
Indirect Administration Post 2024 – ARPA Coordinator & ARPA Manager – Total Obligated $111,000
Life-to-date expenditures total $77,618.
The City obligated funds to provide limited-term positions in support of ARPA Program between January 1,
2025 and December 31, 2026. Funded staff positions include the ARPA Program Manager and ARPA Program
Coordinator as well as the Finance support of the program.
Camp Murray Boat Launch Master Plan - Total Obligated $100,000
Life-to-date expenditures total $3,046.
The City obligated funds to partner with the WA Military Department to develop a master plan for the
improvement of the Camp Murray boat launch. Once the master plan is completed, the City and the WA
Military Department can apply for state grants to support future development of the site.
City Reader Boards – Total Obligated $320,000
Life-to-date expenditures total $203,327.
The City obligated funds to purchase up to 2 Lakewood reader boards to improve the City’s ability to
communicate with the community.
Edgewater & Downtown Park(s) - Total Obligated $879,032
Life-to-date expenditures total $879,032.
The City obligated an initial $724,721 plus any unspent funds from other completed ARPA projects through
2026 for expenditures related to the improvements at Edgewater and the creation of one or two Downtown
park(s), including legal fees and property acquisition costs.
Lakewood Street End Pilot Project – Total Obligated $500,000
Life-to-date expenditures total $117,492.
The City obligated funds to design, permit and construct an improved street end at Westlake Avenue SW
on Lake Steilacoom. The schedule is to design the project in 2025 and construct it in 2026.
Lakewood Urban Forestry Program - Establishment & Administration - Total Obligated $340,000
Life-to-date expenditures total $201,236.
The City obligated funds to establish and administrate an Urban Forestry Program through 2026.
Rebuilding Together South Sound - Total Obligated $341,250
Life-to-date expenditures total $221,699.
The City obligated funds to RTSS to make residential unit repairs or modifications within Lakewood for
eligible ARPA beneficiaries and participate in at least one community resource fair each year in the city.
YMCA Child and Teen Care Service Programs– Total Obligated $316,853
Life-to-date expenditures total $236,453.
The City obligated funds to YMCA to in turn provide Child and Teen Service Programs as follows:
 Child Care before/after, Summer/Winter Day Camp / LTD Exp $48,472
 Summer Learning Academies (Y on the Fly; Leaders in Training/Teen Memberships / LTD Exp $77,491
 Water Safety/Swimming Lessons, Youth Sports, and Gymnastics / LTD Exp $110,490.

Q1 2026 Financial Report - 76

115

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COMPLETED PROJECTS
Aspen Court
Completed / Total Expenditures $300,000
In 2021, the City provided $1 million ($300,000 as permanent financing and $700,000 as a bridge loan),used
in combination with funds from the City of Tacoma and Pierce County, by Low Income Housing Institute
(LIHI) to purchase the former Comfort Inn building and pay associated costs of closing. The hotel was
converted into an emergency shelter through 2023 and then converted to permanent supportive housing.
The bridge loan was repaid to the City in October 2022.
Buffalo Museum – Labor Day Event
Completed / Total Expenditures $5,000
The City provided $2,500 in both 2023 and 2024 to support the 9 th and 10th Cavalry Buffalo Soldiers Museum
Labor Day Festival. The events provided significant educational, historical and cultural resources and
honored our military labor force.
Emergency Services “Red Alert” Alert & Warning System
Completed / Total Expenditures $1,065
The City provided funds for the 2021 annual subscription/personnel costs for membership in the coalition that
provides emergency management services to Lakewood, University Place, West Pierce Fire and Rescue and
Steilacoom. The system allows the coalition to send emergency messages via reverse 911 to landlines and/or
to any cell phone within the alert boundary. It allows residents to subscribe for routine messages from the
City.
Habitat for Humanity Boat Street Project
Completed / Total Expenditures $242,000
The City provided funds for off-site construction costs (including sanitary sewer extension, water main
extension and hydrants, storm drainage, joint utility trench, and public street work (paving sidewalk, traffic
control, etc.)) for the Boat Street project building affordable housing units in the Tillicum neighborhood.
LASA Gravelly Lake Phase 3 – Total Obligated $1,000,000
Life-to-date expenditures total $1,000,000.
The City obligated funds to support the Living Access Support Alliance (LASA) Gravelly Lake Commons
project, which will provide 25 new units of affordable housing for low-income households.
Workforce Development Program
Completed / Total Expenditures $72,143
Consistent with the City’s Community Services Advisory Board (CSAB) and Lakewood’s Promise Advisory
Board priorities, the City provided funds in 2022 and 2023 to support workforce development programming.
Youth Mental Health Program
Completed / Total Expenditures $68,000
Consistent with the City’s Community Services Advisory Board (CSAB) and Lakewood’s Promise Advisory
Board priorities, the City provided funds in 2022 and 2023 to support youth mental health programming in
partnership with the Clover Park School District.
2024 Comprehensive Plan Supplemental Environmental Impact Statement (SEIS)
Completed / Total Expenditures $86,905
The City funded needed 2024 Comprehensive Plan Periodic Review Transportation Element updates and the
expanded SEIS per state laws from HB 1110 and HB 1337, which address the state’s acute housing shortage
and accessory dwelling units (ADUs) respectively.
American Lake Park Improvement Plan
Completed / Total Expenditures $78,500
The City funded improve American Lake Park. These funds were reobligated from a different ARPA proposal
that was ultimately canceled (handwashing stations at city parks without restrooms.)

Q1 2026 Financial Report - 77

116

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City Hall Beam Project - Total Obligated $350,000
Life-to-date expenditures total $350,000.
The City obligated funds to replace, seal and protect the exposed exterior beams on City Hall building.
City Hall HVAC Air Handlers and Bipolar Ionization
Completed / Total Expenditures $525,000.
The City provided funds for the replacement of City Hall’s air handlers and, an air cleaning bipolar ionization
system to reduce exposure risks to recirculating pathogens throughout City Hall in public and employee
spaces. Upgrading the HVAC system at City Hall was also a first step to meet the WA State clean building
energy efficiency legislation requirements.
City Hall Space Reconfiguration Study
Completed / Total Expenditures $101,412.
The City conducted a study exploring how to reconfigure the City’s operations in City Hall to the two lower
floors in order to open up the 3rd floor for other uses.
City Website and Multilingual Services
Completed / Total Expenditures $15,051.
The City provided funds for the implementation of transition software and a comprehensive overhaul of the
City’s website for usability improvements, including adding translation options of City website content.
Energy Audit Improvements
Completed / Total Expenditures $500,000.
Continuing the work begun with funds obligated to replace the air handlers, the City provided funds to
replace the City Hall’s low efficiency boilers with high efficiency gas fired condensing boilers.
HR Temporary Staffing for COVID Tracing
Completed / Total Expenditures $3,133.
The City funded a temporary, part-time position through Human Resources for the purpose of tracking
employees who test positive and/or are exposed to COVID-19 and working with affected employees to comply
with state COVID protocols.
Indirect ARPA Program Administration thru 2024 – Finance Support & ARPA Manager & Coordinator
Completed / Total Expenditures $235,266.
The City funded several staff positions in charge of indirect ARPA Program administrative costs through
12/31/2024. Finance Department supported the program to ensure compliance with financial accounting,
auditing and interim/annual reporting. A part-time ARPA Coordinator position was established to assist the
ARPA Program Manager, and serve as the City’s point of contact for Lakewood residents and businesses
seeking ARPA assistance.
LPD Body-Worn Cameras & Public Records Administration – Total Obligated $721,510
Life-to-date expenditures total $721,510.
The City obligated funds to support administration of the LPD Body-Worn Camer PRA program. Staffing
includes Records Specialist 1.0 FTE beginning August 2021 and Associate Attorney 1.0 FTE beginning in
January 2022.
Municipal Court Technology Improvements
Completed / Total Expenditures $141,750.
The City funded the comprehensive update of technology used in Municipal Court, including to allow for
hybrid and remote operations in compliance with COVID protocols and create new recording and archival
capacity.

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Lakewood Police Department (LPD) Purchase of Body Cameras & Video Storage Equipment
Completed / Total Expenditures $102,944.
The City partially funded the purchase of 80 body-worn camera technology packages (including cameras,
docking stations, software with training, and a 5-year service plan). Other project funding included state
legislative funding for police reform of $238,260 and federal seizure $18,501.
Lakewood Police Department (LPD) Officer Retention Bonus
Completed / Total Expenditures $607,500.
The City provided funds to create a one-time $7,500 retention bonus funded with ARPA funds for 81 police
officers in exchange for a commitment to remain with the department for three years and prevent a serious
staffing shortage will from multiple concurrent retirements.
Shoreline Master Program/Critical Areas Ordinance
Completed / Total Expenditures $16,475.
The City funded work to update the City’s critical areas regulations (CAO) in LMC Title 14 as part of the 2024
Comprehensive Plan Periodic Review process and perform updates consistent with the 2019 Lakewood
Shoreline Master Program (SMP).
Springbrook Connections
Completed / Total Expenditures $49,950
The City funded the 2023 costs of office space and operational support for Springbrook Connections,
including: rent and utilities; program supplies and staffing for ongoing community outreach and referral
services; mailboxes for homeless individuals; and monthly meetings and annual programs managed and
maintained by the Springbrook Connections organization. Programs included free community meals,
ongoing access to free resources (clothes, baby supplies, food), summer youth programs, community garden
and seasonal events.
Tacoma Rescue Mission Good Neighbor Village Project – Total Obligated $1,000,000
Life-to-date expenditures total $1,000,0000.
The City obligated funds to support the construction of Good Neighbor Village provided funding for Phase
One was secured prior to December 31, 2024. The project will place chronically homeless, including veterans,
in permanent supportive housing. Good Neighbor Village plans to set aside 25 micro-homes for veterans.
Emergency Food Network (EFN) Monte Vista Warehouse Funding
Completed / Total Expenditures $1,000,000
The City provided funds to EFN to construct a second food bank storage warehouse at its Monte Vista
location.
Nourish Pierce County (NPC) Food Bank Building Funding
Completed / Total Expenditures $2,000,000
The City provided funds to support Nourish Pierce County’s purchase and renovation of a building to relocate
and expand its food bank services in Lakewood. The City provided an initial $1,250,000. The City’s proviso to
provide a 1-to-1 match of up to $750,000 in additional funds if Nourish Pierce County successfully raises over
$1,000,000 was met, so the total support was $2,000,000.
Pierce County BIPOC Business Accelerator Contribution
Completed / Total Expenditures $500,000.
In 2021 and 2022, the City provided financial support in partnership with Pierce County to fill training and
financial gaps and offer opportunities to grow entrepreneurism and help Black, Indigenous and People of
color (BIPOC) communities and small and micro businesses grow their companies. Lakewood’s contribution
was dedicated to: training for a 6 week Lakewood-specific business 14 member cohort ($140,000); $254,030
Matching Grant Awards for Small Business Economic Assistance; $35,000 Commercial Lease
Reimbursements; and $70,970 Professional Service Grants.
Tacomaprobona Housing Justice (2022-2026) – Total Obligated $471,537
Life-to-date expenditures total $471,537.
The City obligated funds to provide legal support for Lakewood residents experiencing risk or actual eviction.
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Youth Leadership Training Program (Warriors of Change)
Completed / Total Expenditures $34,170.
In 2021, the City provided funding in partnership with Communities in School of Lakewood (CIS Lakewood)
for the Warriors of Change 2021, the pilot program of a 6-week leadership development project-based
learning experience for Clover Park High School rising seniors, with the hope that the program can grow to
expand and serve more students for futures year. Funding covered CIS Lakewood’s portion of the Warriors
Change Program as well as cash incentives for student participants ($14,090 for Program personnel costs;
$14,520 for Students and alumni stipend/incentives; $4,800 for Administration; $760 for Other/supplies)
West Pierce Fire & Rescue (WPFR) Technology Upgrades
Completed / Total Expenditures $299,990.
The City provided funds to: update WPFR’s Department Operations Center (DOC) and backup DOCS to better
communicate with the City and stakeholders during times of emergency or disaster, including technology
to hold virtual meetings and HAM radios; and the translation of basic emergency messages into additional
languages to better serve the community.
NW Youth Corps Youth Employment Program
Completed / Total Expenditures $84,000.
The City funded a traditional Youth Corp work crew program for the 2022, 2023, and 2024 summer seasons.
The 12-week program included hands-on work throughout the City as well as leadership and employment
readiness training; funds covered 2 recreation leaders $25,000; 8 youth workers $57,000; and fuel and
program supplies $1,000.

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PARKS, RECREATION & COMMUNITY SERVICES
Parks Sales Tax
On September 19, 2000, Pierce County voters approved the ballot measure to increase local sales taxes by
one-tenth of 1 percent. A sales and use tax equal to one-tenth of one percent (0.001%) within Pierce County
provides funds to acquire, improve, rehabilitate, maintain, or develop regional and local parks; to improve,
rehabilitate, maintain or expand accredited zoo, aquarium and wildlife preserves pursuant to RCW
82.14.400(6); for community-based housing; and to implement the creation of a zoo and aquarium advisory
authority.
The tax was proposed as a funding mechanism for Tacoma Metro Park District (the zoo). The money collected
is shared 50-50 between the Parks District and the cities not contained in the District and the county.
Parks Sales Tax
Year-to-date through March

2026

Month
2024 Actual 2025 Actual
Budget
Actual
Jan
$
78,208 $
82,379 $
84,321 $
88,595
Feb
63,602
65,428
68,352
68,307
Mar
62,658
62,379
67,342
68,463
Apr
72,322
75,877
80,388
May
69,680
70,100
74,559
Jun
72,130
77,445
78,858
Jul
75,775
79,080
83,640
Aug
76,287
80,083
81,842
Sep
73,362
76,551
79,887
Oct
75,302
79,606
82,419
Nov
72,603
75,259
78,624
Dec
67,675
73,309
75,769
Total YTD
$ 204,468 $ 210,186 $ 220,015 $ 225,365
Total Annual
$ 859,604 $ 897,496 $ 936,000
n/a
5-Year Ave Change (2021 - 2025):
2.7%

Over / (Under)
2026 Actual vs 2025 Actual 2026 Actual vs Budget
$
%
$
%
$
6,216
7.5% $ 4,274
5.1%
2,879
4.4%
(45)
-0.1%
6,084
9.8%
1,121
1.7%
$
15,179
7.2% $ 5,350
2.4%
n/a
n/a
n/a
n/a

Cost Recovery – Parks, Recreation & Community Services
In May 2016, the City Council adopted a set of revised financial policies to include cost recovery. The following
is an excerpt of the cost recovery policy as it relates specifically to target cost recovery for parks
programs/services:

Q1 2026 Financial Report - 81

120

Return to Agenda

Target Cost Recovery Level for Parks Programs/Services. The cost recovery policy applies to
the following parks and recreation programs/services: recreation services; special events and
community gathering; senior services; and all parks. The following should be considered
when determining pricing levels: The higher the community benefit, the higher the General
Fund subsidy level and the higher the individual benefit, the lower the General Fund subsidy
level. The overall cost recovery goal for all parks programs and services should be 45%.
Included in the revenues is the parks sales tax, which is allocated to the various parks programs/functions
based on prorated share of expenditures. The growth in parks sales tax has helped reduce the general fund
subsidy amount.
General fund subsidy and cost recovery ratio is provided below.

Program
Recreation:
Revenues
Expenditures
General Fund Subsidy
Recovery Ratio
Senior Services:
Revenues
Expenditures
General Fund Subsidy
Recovery Ratio
Parks Facilities:
Revenues
Expenditures
General Fund Subsidy
Recovery Ratio
Fort Steilacoom Park:
Revenues
Expenditures
General Fund Subsidy
Recovery Ratio
Subtotal Direct Cost:
Revenues
Expenditures
General Fund Subsidy
Recovery Ratio
Administration (Indirect Cost):
Revenues
Expenditures
General Fund Subsidy
Recovery Ratio
Total Direct & Indirect Cost:
Revenues
Expenditures
General Fund Subsidy
Recovery Ratio

2021
Annual
Actual

Parks, Recreation & Community Services
Year-to-Date through March 31, 2026
2022
2023
2024
Annual
Annual
Annual
Actual
Actual
Actual

2025
Annual
Actual

2026
Annual
Budget

YTD
Actual

$
$
$

221,709 $
359,860 $
138,151 $
62%

317,354 $
506,322 $
188,968 $
63%

345,516 $
619,482 $
273,966 $
56%

346,541 $
584,665 $
238,124 $
59%

305,229 $
529,416 $
224,187 $
58%

277,164 $
539,818 $
262,654 $
51%

43,908
89,508
45,600
49%

$
$
$

80,541 $
153,114 $
72,573 $
53%

95,369 $
173,804 $
78,435 $
55%

93,178 $
206,487 $
113,309 $
45%

97,753 $
206,700 $
108,947 $
47%

92,723 $
189,106 $
96,383 $
49%

83,952 $
223,205 $
139,253 $
38%

21,079
41,048
19,969
51%

$
$
$

249,287 $
499,351 $
250,064 $
50%

279,965 $
599,361 $
319,396 $
47%

297,550 $
739,043 $
441,493 $
40%

345,828 $
884,230 $
538,402 $
39%

367,391 $
1,051,730 $
684,339 $
35%

378,943 $
1,034,415 $
655,472 $
37%

79,426
263,138
183,712
30%

$
$
$

329,182 $
715,634 $
386,452 $
46%

303,514 $
621,533 $
318,019 $
49%

287,426 $
710,977 $
423,551 $
40%

319,973 $
645,247 $
325,274 $
50%

359,401 $
772,133 $
412,732 $
47%

367,258 $
833,070 $
465,812 $
44%

84,991
233,723
148,732
36%

$
$
$

880,719 $
1,727,959 $
847,240 $
51%

996,202 $
1,901,020 $
904,818 $
52%

1,023,670 $
2,275,989 $
1,252,319 $
45%

1,110,095 $
2,320,842 $
1,210,747 $
48%

1,124,744 $
2,542,385 $
1,417,641 $
44%

1,107,318 $
2,630,508 $
1,523,190 $
42%

229,404
627,417
398,013
37%

$
$
$

154,319 $
419,838 $
265,519 $
37%

170,708 $
471,515 $
300,807 $
36%

131,449 $
421,875 $
290,426 $
31%

114,705 $
357,379 $
242,674 $
32%

137,129 $
458,507 $
321,378 $
30%

146,382 $
487,283 $
340,901 $
30%

57,706
215,951
158,245
27%

$
$
$

1,035,038 $
2,147,797 $
1,112,759 $
48%

1,166,910 $
2,372,535 $
1,205,625 $
49%

1,155,120 $
2,697,864 $
1,542,744 $
43%

1,224,799 $
2,678,221 $
1,453,422 $
46%

1,261,872 $
3,000,892 $
1,739,020 $
42%

1,253,700 $
3,117,791 $
1,864,091 $
40%

287,110
843,368
556,258
45%

5-Year Average General Fund Subsidy (2021 - 2025)
5-Year Average Recovery Ratio (2021 - 2025)

$ 1,410,714
46%

Note:
- COVID-19 caused closure/event cancellation and participant capacity limitations in 2020 and 2021.
- Revenues includes Parks Sales Tax which is prorated based on share of total expenditures.
- Revenues for Administration (Indirect Cost) is the program's prorated share of Parks Sales Tax.
- Expenditures do not include Indirect overhead cost allocation for finance, human resources, legal, legislative & executive support.

Q1 2026 Financial Report - 82

121

Return to Agenda

Farmers Market
The 2026 Lakewood Farmers Market runs Tuesdays from 2-7pm at Fort Steilacoom Park with opening day on
June 2 and ending September 1.

Farmers Market Activity
Year-to-date through March
2024
Annual Actual

Financial Information
Sources:
Vendor Fees
$
32,609 $
Grants
9,367
Sponsorships & Donations
13,000
Lodging Tax
68,260
Total Sources
123,236
Uses:
Temporary Personnel
Office & Operating Supplies
15,248
Professional Services
27,596
Advertising
3,364
Printing & Binding
402
Travel & Training
Memberships & Dues
Tourism & Promotion
68,260
Total Uses *
114,868
Sources Over/(Under) Uses **
$
8,367 $
* Uses does not include regular employees personnel costs.

2025
Annual Actual
25,095
8,479
16,000
78,000
127,574
4,234
25,292
3,355
78,000
110,881
16,693

2026
Budget
$

$

22,000
11,000
75,000
108,000

YTD Actual
$

3,977
3,977

19,580
4,500
23,000
10,000
570
350
75,000
133,000
(25,000) $

577
577
3,400

Market Sales and Attendance
Market Sales
Estimated Attendance*
Month
2024
2025
2026
2024
2025
2026
May
$
$
$
June
252,464
304,164
25,246
30,416
July**
158,637
188,521
15,864
18,852
August
163,498
193,049
16,350
19,305
September***
93,833
9,383
Total - YTD December $ 668,432 $ 685,734 $
66,843
68,573
* Estimated attendance assumes average sales of $35 per person and each person is
accompanied by two other people, for a total family or group of three.
**Did not have two markets in July 2025 due to Summerfest

-

***Did not have a September 2025 market.

Human Services Program
Since incorporation, the City has dedicated 1% of General Fund in for human services programs that support
our most vulnerable populations and create conditions that enable people in need to access resources and
support services which foster healthy and functional individuals and families where children thrive and
achieve their full potential.

Q1 2026 Financial Report - 83

122

Return to Agenda
2022
Actual

Program

Agency

Total

2023
Actual

484,514

$

524,000

Youth Mental Health

274,300 $
-

321,150 $
-

315,300 $
-

418,767 $
-

87,000
15,000

Community Healthcare

Lakewood Prompt Care

14,000

15,000

15,000

11,250

15,000

Greater Lakes Mental Health

Behavioral Health Service

-

-

-

-

25,000

Lindquist Dental Clinic

Uncompensated Care

15,000

25,000

25,000

15,000

20,000

Pierce County Aids Foundation

Case Management

-

14,850

-

-

-

Pierce County Project Access

Donated Care

14,946

15,000

15,000

12,926

12,000

Your Money Matters

Youth Financial Literacy

-

15,000

15,000

-

-

Emotional Supports and Youth Programming
Asian Pacific Cultural Center

Promised Leaders of Tomorrow

Children's Therapy Center

Children with Special Needs

-

20,250

22,500

-

-

Communitites in Schools - Elemementary

In-School Supports

-

-

-

-

12,000

Communitites in Schools - Mckinney Vento

In-School Supports

-

-

-

-

17,000

Communitites in Schools - High School

In-School Supports

-

-

-

-

22,000

Communitites in Schools - Middle School

In-School Supports

-

-

-

-

9,000

Communities in Schools

School-wide Supports

27,500

25,000

25,000

45,000

-

Lakewood Boys & Girls Club

After School Program/Social Emotinal
Learning
Computer Clubhouse

22,500

-

-

63,935

20,000

-

-

-

-

-

19,089

32,650

32,650

23,808

49,250

Oasis Youth Center

HSC staff costs, Youth Council &
5 Promises
Center for LGBTQ Youth

17,500

20,000

20,000

18,196

16,000

YMCA of Pierce & Kitsap Counties

Late Night Youth Programs

8,588

-

-

-

-

Safe Streets Campaign

Health and Wealth Program

-

-

-

12,000

12,000

Team Work

Wrk Zone Afterschool Program

Pierce College
Lakewood's Promise

(*)

Housing Assistance and Homelessness Prevention
Catholic Community Services
Family Housing Network

115,177
20,000

$

118,150
20,250

-

$

40,000
14,000

$

$

$

562,650

122,650
22,500

-

-

75,250 $
-

77,500
-

$

2026
Allocation

$

$

553,150

2025
Actual

$

Health & Behavior Health
Asian Pacific Cultural Center

$

2024
Actual

$

688,353

200,901
15,750

$

22,211

$

45,105
-

194,250
12,000

25,000

$

98,000
-

Lakewood Area Shelter Association (LASA)

Emergency Shelter

-

15,000

15,000

5,855

20,000

Lakewood Area Shelter Association (LASA)

Hygiene Center

-

20,250

22,500

16,000

16,000

Rebuilding Together South Sound

Community Revitalization

14,000

25,000

25,000

-

-

Supporting The Enlisted

Preventing Homelessness for Military
& Veteran Families
Shelter Services

-

-

-

-

20,000

The Rescue Mission

12,000

15,000

15,000

11,250

-

-

-

-

-

15,000

Tacoma Pro Bono

HJP Homeless Prevention Legal Aid Crisis
Stabilization
HJP
Homeless
Prevention Legal Aid -

-

-

-

-

12,000

Tacoma Rescue Mission

HousingShelter
Asst. & Emergency Services
Family

-

-

-

-

15,000

Tacomaprobono Community Layers

Housing Justice Project

-

-

-

12,000

Tacoma Pro Bono

Emergency Assistance

Asian Pacific Cultural Center

Mental Health Program

-

-

-

14,250

-

Rebuilding Hope

12,500

20,250

22,500

46,253

24,750

12,500

-

-

-

-

Tillicum Community Center

Advocacy & Therapy Sexual Assault
Victim Services
Direct Services & Resource
Connections
Referrals for Assistance

-

-

-

14,175

20,000

YWCA Pierce County

Crisis Intervention & Advocacy Svcs

18,000

20,250

22,500

-

-

Support the Enlisted
Tacomaprobono Community Layers

Mental Health Program
Client Support Services

-

-

-

16,250
28,624

-

Access to Food
Emergency Food Network

Home Delivery Program

Emergency Food Network

Co-op Food Purchasing

-

20,250

22,500

12,000

16,000

Making a Difference

15,500

20,250

19,850

25,000

25,000

Multicultural Child and Family Hope

Eloise's Coking Pot Food Delivery
Program
Food
Distribution

-

20,250

22,500

-

-

Nourish Pierce Co (Fish Food Banks)

Nutritious Food for Families

25,000

20,250

22,500

15,000

20,000

St. Leo Food Connection

Feeding the Hungry/Mobile

25,000

15,000

15,000

9,000

12,000

Tillicum Community Center

Emergency Services - Food

11,714

-

-

5,074

15,000

Springbrook Connections

*

$

$

68,000
25,000

102,214
25,000

$

$

40,500 $
-

116,250
20,250

$

45,000
-

124,850
22,500

$

$

138,302
18,750

-

Crisis Stabilization and Advocacy
Greater Lakes Mental Health

75,074
9,000

$

$

In 2017, the City brought Lakewood's Promise work back in-house and cancelled the contract with Pierce College.

Q1 2026 Financial Report - 84

123

44,750
-

100,000
12,000

Return to Agenda

Fund 502 Property Management
The table below provides the operating costs of maintaining City Hall, Police Station and Sounder Station and
1-time property management expenditures.
Property Management Sources & Uses
Year-to-date through March 31, 2026
2024
2025
Annual Actual Annual Actual

2026
Annual

2026
YTD Actual

Sources:
M&O Revenue
$
848,348 $
836,459 $
883,210 $
Interest Earnings/Misc
30,390
17,953
AWC-2025 Energy Grant DOC
44,583
Replacement Reserves Collections
100,000
100,000
100,000
1-Time M&O/Capital Contributions/Transfer
739,645
126,422
963,040
Total Sources
$ 1,718,383 $ 1,125,417 $ 1,946,250 $
Operating Exp:
City Hall Facility
$
491,979 $
469,186 $
471,650 $
Personnel
170,273
186,293
188,790
Supplies
32,731
21,104
35,810
Services
163,662
155,098
107,760
Utilities
125,313
106,690
139,290
Police Station
$
321,287 $
337,744 $
352,221 $
Personnel
92,364
100,313
103,252
Supplies
16,080
21,860
25,700
Services
109,155
113,893
97,289
Utilities
103,689
101,678
125,980
Sounder Transit Station *
$
65,471 $
27,985 $
59,339 $
Personnel
14,093
15,386
15,866
Supplies
3,319
6,055
5,000
Services
43,779
2,849
32,473
Utilities
4,280
3,695
6,000
Subtotal - Operating Exp
$
878,737 $
834,914 $
883,210 $
Capital & Other 1-Time:
City Hall Parking Lot Improvements
3,657
10,000
Police Firearms Range
134,739
Police Parking Lot Gate Repair & Replace
40,000
City Hall Space Evaluation
7,554
City Hall Boiler & Chiller Fan Replacement
360,000
Caretaker House Repairs
1,895
O&M Fuel Tank & Paving of Wash Down Station
170,000
Police Investment Grade Audit
44,583
Police Station Impound Yard Security Fence
City Hall Beam Repair
26,809
522,888
294,040
City Hall 3rd Floor ADA Improvements
Police Generator Controls
175,000
City Hall HVAC Upgrade/ Energy Audit
535,659
City Hall Server Room Air Conditioner
7,423
Fort Steilacoom Park O&M Shop HVAC
11,870
City Hall Fire Alarm Panel
54,000
Police Fire Alarm Panel
40,000
Sounder Station Elevator Repair
19,498
45,000
Police Traulsen Freezer
12,681
City Hall ADA Replace Main Door Hinges
6,881
City Hall ADA Replace Auto Door System
11,561
City Hall Replace HVAC Controllers
12,298
City Hall Pond & Water Fountain
85,000
City Hall City Hall Server Room Portable Air Conditioner
22,610
City Hall Elevator Repairs
15,106
Police Station Floor Tread Replacement
12,107
City Hall Basement Gate
65,000
Municipal Court Reroof Section
150,000
Police Station HVAC
35,000
Subtotal 1-Time/Capital
$ 1,130,112 $
639,708 $ 1,163,040 $
Total Uses
$ 2,008,849 $ 1,474,622 $ 2,046,250 $
Sources Over/(Under) Uses
$
(290,465) $
(349,205) $
(100,000) $
Beginning Balance
$
739,672 $
449,206 $
100,000 $
Ending Balance
$
449,206 $
100,000 $
- $
* Reflects the portion Sounder Station operating expenditures accounted for in Fund 502 Property Management.

Q1 2026 Financial Report - 85

174,462
625
25,000
44,769
244,855
73,962
46,572
4,125
5,321
17,944
86,491
25,481
1,680
42,503
16,827
14,633
3,851
55
10,365
362
175,086
44,769
36,884
-

81,652
256,739
(11,883)
100,000
88,116

124

Return to Agenda

Fund 301 – Parks CIP
The Parks Capital Project Fund accounts for the receipts and disbursements related to the acquisition or
construction of major park capital facilities except those facilities financed by proprietary and trust funds.

Fund 301 Parks CIP - As of Marrch 31, 2026
2026 Budget
2026 Actual
Revenues:
Grants
$
6,879,623
19,325
Motor Vehicle Excise Tax
4,353
1,032
Interest/Other
13,459
GO Bond Proceeds
2,000,000
Transfer In - Fund 001 General
427,277
257,277
Transfer In - Fund 303 REET
135,000
135,000
Transfer In - Fund 401 SWM
70,000
Total Revenues
$
9,516,253 $
426,094
Expenditures:
301.0006 Gateways
80,000
301.0016 Park Equipment Replacement
63,456
4,431
301.0017 Park Playground Resurfacing
39,256
301.0018 Project Support
255,000
65,278
301.0020 Wards Lake Improvements
150,000
4,925
301.0027 American Lake Improvement (ADA, Playground)
5,000
301.0028 Oakbrook Park Improvements
167,143
12,172
301.0038 Property Acquisition & Demolition (Near Washington Park)
335,000
301.0042 Downtown Park Schematic Design & Planning
300,000
301.0043 FSP - H-Barn Complex Restoration and Renovation
2,767,316
301.0046 Street Ends Update
240,000
301.0048 Nisqually Partnership Project
222,383
250
301.0050 Ft Steilacoom Park Pavilion Acoustics
50,000
301.0051 Downtown Parks & Multi-Generational
2,000,000
301.0053 Ft Steilacoom Park ADA Overflow Parking
255,402
651
301.0062 American Lake Boat Launch Repair
45,214
34,843
301.0063 Edgewater Park - Phase 1 Park Development
2,739,205
22,280
301.0064 Edgewater Park - Phase 2 Boat Launch
1,473,575
15,704
Total Expenditures
$ 11,187,950 $
160,534
Beginning Fund Balance
Ending Fund Balance

$
$

Q1 2026 Financial Report - 86

1,786,890 $
115,194 $

1,786,890
2,052,449

125

Return to Agenda

Fund 303 Real Estate Excise Tax
Chapter 82.46 RCW authorizes cities and towns to impose local real estate excise taxes on top of the state
rate. The tax is calculated based on the full selling price, including the amount of any liens, mortgages and
other debts given to secure the purchase. The City of Lakewood is planning under the Growth Management
Act (GMA) and enacted both the first ¼% and second ¼% tax, for a total of 0.50%.
Real estate excise taxes are typically the responsibility of the seller of the property, not the buyer, although
the buyer is liable if the tax is not paid. However, sometimes the buyer pays some or all of the tax as part of
the negotiated sale agreement. The Pierce County Treasurer collects the real estate excise tax and remits to
the City on a monthly basis.
Real Estate Excise Tax
Year-to-date through March
2026

Month
2024 Actual 2025 Actual
Budget
Actual
Jan
$
76,895 $ 194,144
154,885 $ 113,483
Feb
172,639
146,992
130,647
141,455
Mar
163,978
136,117
304,425
200,073
Apr
190,679
179,324
164,236
May
217,880
189,185
204,072
Jun
223,914
167,672
207,410
Jul
277,512
220,809
186,018
Aug
230,165
199,289
180,909
Sep
181,084
356,137
266,503
Oct
171,546
177,682
255,827
Nov
194,485
171,472
178,162
Dec
188,255
233,987
166,906
Total YTD
$ 413,512 $ 477,254 $ 589,957 $ 455,011
Total Annual
$ 2,289,031 $ 2,372,811 $ 2,400,000
n/a
-9.6%
5-Year Ave Change (2021 - 2025):

Over / (Under)
2026 Actual vs 2025 Actual
2026 Actual vs Budget
$
%
$
%
$ (80,661)
-41.5% $ (41,402)
-26.7%
(5,537)
-3.8%
10,808
8.3%
63,956
47.0%
(104,352)
-34.3%
$ (22,243)
-4.7% $ (134,946)
-22.9%
n/a
n/a
n/a
n/a

Transactions that are exempt from REET include (WAC 458-61A):
 Gifts;
 Inheritance of devise;
 Community property, dissolution of marriage or domestic partnership, legal separation, decree of
invalidity;
 Tenants in common and joint tenants;
 Governmental transfers*;
 Condemnation proceedings;
 Bankruptcy;
 Transfers pursuant to deeds of trusts, foreclosure proceedings, executions of judgment, deeds in lieu
of foreclosure, and contract forfeiture;
Q1 2026 Financial Report - 87

126

Return to Agenda













Rescission of sale;
Irrevocable trusts;
Mere change in identity or form – family corporations and partnerships;
Transfers where gain is not recognized under the Internal Revenue Code;
IRS “tax deferred” exchange;
Nominee;
Clearing or exiting title, and additions to title;
Mortgage insurers;
Rerecord;
Low income housing; and
Developmentally disabled person-Housing-Transfers and Improvements.

* The transfer from a governmental is not subject to the tax. However, transfers to a governmental entity is
generally subject to the tax, unless otherwise exempted (condemnation not subject to tax). Transfers to a
governmental entity for a public purpose in connection with the development of real property by a
developer when the transfer is required for plat approval are not subject to the real estate excise tax
(example – a developer who deeds property to the city for streets and utilities).
The following tables summarize by month, the number of taxable and exempt real estate transactions, and
lists major transactions (sales price of $1M and greater).
Transaction Type
# of
Major Transactions - 2026
Exempt Taxable Total Parcels
Description
32
41
73
82 Single Family Residence 6420 150th St SW
Meadowbrook Apts 7511 to 7523 146th St SW
Feb
38
60
98
114 Grand Cedars Apts 5226 to 52360 Chicago Ave SW
Mar
34
61
95
104 Single Family Residence 7520 North St SW
Single Family Residence 11218 79th Ave Ct SW
Gas Station Mini Mart 9525 S Tacoma Way
Total YTD Mar
104
162
266
300
Month
Jan

Q1 2026 Financial Report - 88

Sales Price
Net Tax
1,275,000 $
6,311
5,998,200
29,691
3,700,000
18,315
1,400,000
6,930
1,971,185
9,757
7,620,000
37,719
$ 21,964,385 $ 108,723
$

127

Return to Agenda

Transaction Type
# of
Major Transactions - 2025
Exempt Taxable Total Parcels
Description
33
47
80
83 Single Family Residence 9721 Lake Steilacoom Drive SW
Biltmore Hotel 12701 Pacific Hwy SW
Single Family Residence 9148 Edgewater Drive SW
Harborstone Credit Union 6019 Lake Grove SW
Feb
40
55
95
102 Single Family Residence Turquoise Court SW
Single Family Residence 10301 Kendrick St SW
Vacant Land Undeveloped 5421 Chicago Ave SW
Single Family Residence 7324 North St SW
Commercial Vacant Land 9816 Gravelly Lake Drive
Mar
38
56
94
101 Single Family Residence 12809 Avenue Duboise SW
Malibu Apts 4120 109th St SW
Southgate Plaza 10310 South Tacoma Way
Apr
45
68
113
114 Single Family Residence 6608 Hilltop Lane SW
Single Family Residence 216 Lake Louise Dr SW
Single Family Condo 7201 Holly Hedge Lane SW
Contractor Services Improvements 8203 Durango St SW
May
47
74
121
127 13140 Country Club Dr SW #104
Centerforce 5204 Solberg Dr SW
Jun
32
67
99
102 Single Family Residence 11725 Madera Dr SW
Single Family Residence 12501 Harwood Cove Ln SW
Single Family Residence 12442 Harwood Cove Ln SW
Wonderland Apts 14402 Washington Ave SW
Jul
44
71
115
119 McDonald's San Francisco Ave SW
Single Family Residence 10815 Evergreen Ter SW
Single Family Residence 25 Forest Glen Ln SW
Jack-In-the-Box 8814 South Tacoma Way
Single Family Residence 11400 Gravelly Lake Dr SW
Single Family Residence 88 Country Club Circle SW
Aug
51
59
110
117 Single Family Residence 12421 Harwood Cove Lane SW
Single Family Residence 16 Loch Lane SW
Single Family Residence 29 Forest Glen Lane SW
Single Family Residence 11515 Gravelly Lake Drive SW
Single Family Residence 7209 Interlaaken Drive SW
Condo 13140 Country Club Drive SW Unit 203
Single Family Residence 7708 Walnut St SW
Villa Lane Village 10102 Bridgeport Way SW
Single Family Residence 8017 Thorne Lane SW
Sep
41
74
115
120 Single Family Residence 75 Country Club Cir CW
Single Family Residence 9138 Edgewater Dr SW
Fort Lewis Hotel 12215 Pacific Hwy SW
RPAI General Merchandise 5731 Main St SW
General Warehouse-New Construction 7402 150th St SW
Oct
42
62
104
107 JJ's Fish & Chicken 9815 Gravelly Lake Drive SW
Brunsons Maket Deli 11916 Military Rd SW
Lakeview Apts 4400 111th St SW
Home Motel 11621 Pacific Hwy SW
Cascade Apts 4425 Pacific St SW
Karwan Village 2621 South 84th St
Lundstrom Plaza New Construction 10209 Bridgeport Way SW
Aces Office Space 10025 Lakewood Dr SW
Nov
44
44
88
93 General Retail Trade 8813 Edgewater Dr
Single Family Residence 11428 Gravelly Lake Dr SW
Crown Pointe Apts 2704 to 2706 84th St Ct S
Dec
49
51
100
111 Single Family Residence 22 Silcox Island
Single Family Residence 10213 Green Ln SW
Single Family Residence 7612 North St SW
Pacific Walk Town Homes 8331 32nd Ave S
Total YTD Mar
111
158
269
286
Total Annual
506
728
1,234
1,296
Month
Jan

Q1 2026 Financial Report - 89

Sales Price
Net Tax
1,075,000 $
5,321
2,480,000
12,276
2,950,000
14,603
11,347,200
56,169
1,015,000
5,024
1,450,000
7,178
1,525,000
7,549
2,150,000
10,643
2,400,000
11,880
1,150,000
5,693
2,296,500
11,368
2,600,000
12,870
1,230,000
6,089
1,430,000
7,079
1,850,000
9,158
4,000,000
19,800
1,800,000
8,910
3,436,560
17,011
1,150,000
5,693
1,210,000
5,990
1,210,000
5,990
1,400,000
6,930
1,400,000
6,930
1,550,000
7,673
1,550,000
7,673
1,780,000
8,811
2,550,000
12,623
4,125,000
20,419
1,080,000
5,346
1,150,000
5,693
1,280,000
6,336
1,300,000
6,435
1,425,000
7,054
1,700,000
8,415
2,600,000
12,870
2,820,000
13,959
3,525,000
17,449
1,400,000
6,930
1,650,000
8,168
1,840,000
9,108
13,700,000
67,815
21,086,500
104,378
1,000,000
4,950
1,100,000
5,445
1,200,000
5,940
1,580,000
7,821
1,855,000
9,182
2,000,000
9,900
2,400,000
11,880
2,625,000
12,994
1,400,000
6,930
2,025,000
10,024
14,243,000
70,503
1,000,000
4,950
2,000,000
9,900
2,400,000
11,880
21,429,000
106,074
$ 32,438,700 $ 160,572
$178,923,760
$885,673
$

128

Return to Agenda
Major Transactions - 2024
Transaction Type
# of
Exempt Taxable Total Parcels
Description
52
34
86
93 Single Family Residence 8150 Veterans Dr SW
37
53
90
100 Convenience Store/Gas Station 11202 S Steele St
Tracy Court Duplexes 8324 Washington Blvd SW
Mini Mart & Laundry 12706 Bridgeport Way SW
Mar
44
59
103
115 Single Family Residence 5412 78th St W
Single Family Residence 15404 Rose Road SW
Single Family Residence 7219 Interlaaken Dr SW
First Baptist Church 5509 Arrowhead Road SW
Commercial/Multiple 8328 So Tacoma Way
Apr
33
71
104
112 Single Family Residence 8166 Veterans Drive SW
Cascade Apts 4425 Pacific St SW
Single Family Residence 8918 Dolly Madison St SW
Single Family Residence 106 West Shore Ave
Single Family Residence 9828 American Ave SW
Single Family Residence 11419 Gravelly Lake Dr SW
May
49
73
122
135 Gravelly Lake Apts 9502 - 9504 Whitman Ave SW
Single Family Residence 11428 Gravelly Lake Dr SW
Single Family Residence 13028 Lake City Blvd SW
Single Family Residence 7115 Interlaaken Dr SW
Other Residential 8902 Frances Folsom St SW
Pediatric Dental Assoc 6015 100th St SW
76 Union Gas Station 7718 Bridgeport Way W
Jun
37
74
111
125 Single Family Residence 11719 Madera Drive SW
Lakewood Foreign Car Parts 11738 Pacific Hwy So
Tillicum Mini Storage 15009 Washington Ave SW
Single Family Residence 8002 112th St SW
Residential 11201 & xxx Kendrick St SW
Jul
37
71
108
117 Single Family Residence 11016 Lake Steilacoom Dr SW
Single Family Residence 2 Lakeside Country Club Dr SW
Dondo 11316 Greystone Drive SW
Single Family Residence 7121 Holly Hedge Lane SW
Single Family Residence 10435 Lake Steilacoom Dr SW
Single Family Dwelling 10427 Lake Steilacoom Dr SW
Single Family Dwelling 12501 Gravelly Lake Dr SW
Single Family Residence 12115 Gravelly Lake Dr SW
Apt Condo 13140 Country Club Dr SW Unit 503
Gas Station 11919 Pacific Highway SW
Bridgeport Oaks Retail 7801 Bridgeport Way W
Aug
44
68
112
138 Single Family Residence 10906 Meadow Road SW
Single Family Residence 11425 Gravelly Lake Drive
Condo 22 Country Club Drive SW Unit C
Single Family Residence 17 Country Club Drive SW
Single Family Residence 29 Country Club Drive SW
General Warehouse Storage 8607 Durango St SW
Sep
45
60
105
108 Single Family Residence 15008 Silcox Road SW
Single Family Residence 11928 Nyanza Drive SW
Auto Repair Services 5124 74th St West
Single Family Residence 13028 Lake City Blvd SW
Single Family Residence 10034 Point Lane SW
Fast Food 15116 Union Ave SW
Mutli Family Units 15001 Woodbrook Drive SW
Oct
55
69
124
128 Single Family Residence - 9119 Lake Steilacoom Pt Rd SW
Single Family Residence 435 to 435B Lake Louise Dr SW
Single Family Residence 51 Lagoon Lane N
Land & Improvements - Hotel/Motel 11711 Pac Hwy SW
Single Family Residence 10028 Point Ln SW
Westland Apts 6124 88th St SW
Nov
37
56
93
102 Lakeview Apts 4400 111th St SW
Single Family Residence 10841 Evergreen Terrace SW
Clover Crest Townhomes 5115 to 5127 Solberg Drive SW
Single Family Residence 10807 Greendale Drive SW
Land & Improve Wholesale Trade 8607 Durango St SW
Maple Creek Retirement 10420 Gravelly Lake Dr
Dec
53
59
112
118 Willamette Dental 9307 Bridgeport Way SW
Single Family Residence 3 Ponce De Leon Ter SW
Single Family Residence 8508 130th St SW
Single Family Residence 11707 Gravelly Lake Dr SW
Auto Repair Services 8100 Tacoma Mall Blvd So
Freeport Apts 10211 47th Ave SW
Southern Pines Housing 8212 29th Ave Ct So
Total YTD Mar
133
146
279
308
Total Annual
523
747
1,270
1,391
Q1 2026 Financial Report - 90
Month
Jan
Feb

Sales Price
Net Tax
1,040,000 $
5,148
1,025,000
5,074
1,601,077
7,925
3,500,000
17,325
1,000,000
4,950
1,065,000
5,272
2,400,000
11,880
2,800,000
13,860
3,050,000
15,098
1,155,000
5,717
1,347,200
6,669
1,350,000
6,683
1,545,000
7,648
1,700,000
8,415
2,750,000
13,613
1,025,000
5,074
1,150,000
5,693
1,250,000
6,188
1,950,000
9,653
2,375,000
11,756
2,525,000
12,499
2,620,000
12,969
1,335,000
6,608
1,500,000
7,425
1,585,000
7,846
1,595,000
7,895
1,600,000
7,920
1,000,000
4,950
1,075,000
5,321
1,200,000
5,940
1,250,000
6,188
1,485,000
7,351
1,630,000
8,069
1,700,000
8,415
1,800,000
8,910
1,980,000
9,801
2,400,000
11,880
2,640,000
13,068
1,209,000
5,985
1,235,000
6,113
1,400,000
6,930
1,575,000
7,796
2,650,000
13,118
9,500,000
47,025
1,165,000
5,767
1,225,000
6,064
1,425,000
7,054
1,832,750
9,072
1,850,000
9,158
1,950,000
9,653
2,442,000
12,088
1,125,000
5,569
1,136,800
5,627
1,200,000
5,940
1,250,000
6,188
1,420,000
7,029
1,500,000
7,425
1,200,000
5,940
1,600,000
7,920
2,050,000
10,148
2,200,000
10,890
2,200,000
10,890
7,737,000
38,298
1,150,000
5,693
1,224,999
6,064
1,600,000
7,920
1,750,000
8,663
2,400,000
11,880
2,800,000
13,860
9,162,500
45,354
$ 17,481,077 $
86,531
$ 140,163,326 $ 693,808
129
$

Return to Agenda

Fund 103 Transportation Benefit District

$20 Vehicle Licensing Fee
Year-to-date through March
2026

Month
2024 Actual
2025 Actual
Budget
Actual
Jan
$
55,186
60,684 $
59,243
62,658
Feb
65,698
67,973
64,319
61,339
Mar
65,213
36,549
56,443
68,840
Apr
71,183
37,649
69,614
May
71,643
137,125
85,494
Jun
75,187
71,899
71,138
Jul
68,115
63,627
68,728
Aug
76,845
76,849
68,877
Sep
74,360
79,544
81,420
Oct
64,292
62,617
63,066
Nov
66,785
63,234
63,510
Dec
51,092
46,856
53,148
Total YTD
$
186,097 $
165,206 $ 180,005 $ 192,837
Annual Total
$
805,600 $
804,606 $ 805,000
n/a
5-Year Ave Change (2021 - 2025):
-2.0%

Over / (Under)
2026 Actual vs 2025 Actual 2026 Actual vs Budget
$
%
$
%
$
1,974
3.3% $
3,415
5.8%
(6,634)
-9.8%
(2,980)
-4.6%
32,291
88.3%
12,397
22.0%
$
27,630
16.7% $
12,832
7.1%
n/a
n/a
n/a
n/a

On August 6, 2012, the Lakewood City Council adopted Ordinance #550, creating a transportation benefit
district (TBD) in the City of Lakewood, referred to as the Lakewood TBD. The TBD is a quasi-municipal
corporation and independent taxing district created for the sole purpose of acquiring, constructing,
improving, providing and funding transportation improvement within the city limits of Lakewood. It has the
authority to impose certain taxes and fees, either through the vote of the people of board action, for
transportation purposes. The TBD is governed by the members of the Lakewood City Council as the District’s
Board of Directors and the Mayor services as Chair of the Board. The Transportation Benefit District authority
automatically expires on 12:01 am on July 16, 2032, unless dissolved sooner.
On September 15, 2014, the Lakewood TBD adopted Ordinance #TBD-01, authorizing an annual $20 vehicle
licensing fee for the TBD. The TBD Board found this fee is the best way to preserve, maintain, operate,
construct, or reconstruct the transportation infrastructure of the City of Lakewood and fund transportation
improvements within the District that are consistent with existing state, regional or local transportation plans
necessitated by existing or reasonably foreseeable congestion levels.
The fees are effective for tabs due beginning April 1, 2015. The Washington State Department of Licensing
(DOL) collects the fees and distributes the net proceeds to the City on a monthly basis. DOL automatically
deducts one percent (1%) of the $20 fee at the time of collection for administration and collections expenses
incurred. The 1% administration fee is the maximum amount permitted by RCW 82.80.140.

Q1 2026 Financial Report - 91

130

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On July 1, 2015 the Washington State Legislature enacted Second Engrossed Substitute Bill 5987 (SESSB
5987), which authorizes the City to assume the rights, powers, functions, and obligation of the TBD. On
November 22, 2016, the City Council declared its intent to conduct a public hearing to consider the proposed
assumption of the rights, powers, function, and obligations of the existing City of Lakewood TBD. The City
Council conducted the public hearing on December 5, 2016. On December 12, 2016, the City Council adopted
the ordinance to assume the TBD.
On December 20, 2021 the City Council approved to use the Transportation Benefit District $20 vehicle license
fee to leverage the issuance of bonds in support of seven transportation projects totaling $11,600,000. The
estimated bond repayment period is 20 years with annual debt service of $835,000. Ordinance 767 added
these seven projects the list of TBD eligible projects and extended the original sunset date from12:01 AM on
July 16, 2032 unless dissolved sooner to 12:01 AM December 2, 2044 to coincide with the debt service schedule.
On December 19, 2024, the City issued $3,000,000 principal amount pursuant to the bond ordinance. In order
to issue the remaining authorized bonds (not to exceed $9,200,000), the City Council on May 5, 2025 adopted
Lakewood TBD Ordinance #828, extending the date and time for the issuance and delivery of the bonds no
later than December 31, 2026, with no change to the original maturity date of December 31, 2044.
On December 20, 2021, the Lakewood TBD adopted Ordinance # 767 listing eligible projects funded by the
TBD and identified TBD projects completed. This list was updated via Ordinance #829 adopted by the City
Council on May 5, 2025 as follows:
Projects Completed:











Steilacoom Boulevard – Lakewood Dr to W
of South Tac Way
Lakewood Dr – 100th to Steilacoom Blvd
Main Street – Gravelly Lake Drive to 108th St
59th – Main Street to 100th
108th – Bridgeport to Pacific Highway
108th – Main Street to Bridgeport
Steilacoom Boulevard – Lakewood Dr to W
of South Tac Way
Pacific Highway – 108th to SR 512
Lakewood Dr – 100th to Steilacoom Blvd
Lakewood Dr – Flett Creek to N. City Limits












Main Street – Gravelly Lake Drive to 108th St
59th – Main Street to 100th
59th – 100th to Bridgeport
108th – Main Street to Bridgeport
88th – Steilacoom to Custer
Custer – Steilacoom to John Dower
100th – 59th to Lakeview
Non-Motorized Trail: Gravelly Lake Drive –
Washington Blvd to Nyanza Road SW
Ardmore/Whitman/93rd Street
Hipkins Road SW from Steilacoom
Boulevard to 104th Street SW

Projects funded with revenue generated by the TBD:














100th – Lakeview to South Tacoma Way
New LED Street Lights
Signal Projects
Minor Capital Projects
Neighborhood Traffic Safety
Personnel, Engineering, Professional Services
Chip Seal Program – Local Access Roads
Overlay & Sidewalk Fill-In: Custer Road – John Dower to 500’ West of Bridgeport Way
Nyanza Road SW
Mt Tacoma Drive SW (Interlaaken to Whitman Ave SW)
Idlewild Road SW: Idlewild School to 112th Street SW
112th Street SW: Idlewild Road SW to Interlaaken Drive SW
Interlaaken from 112th Street to Washington Boulevard

On March 31, 2026 the City issued $8.55 million in limited tax general obligation and refunding bonds. The
Bonds provide $6.6 million to finance various transportation projects and refinances for debt service savings
the City’s Limited Tax General Obligation Bond, 2024 Bond. The yield on the bonds ranged from 2.51% in 2026

Q1 2026 Financial Report - 92

131

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to 3.75% in 2044. The refinancing of the 2024 Bond will save the City $140,609 through the original final
maturity of the 2024 Bond (2034). The net present value savings are $140,072 which represents 5.09% of the
2024 Bond’s principal amount.
Vehicles Subject to the Vehicle Licensing Fee
The annual vehicle fee is due for each vehicle subject to license tab fees and for each vehicle subject to gross
weight fees with an unladen (scale) weight of 6,000 pounds or less as described in table below. Vehicles with
non-expiring registration, such as Disabled American Veteran and Collector Vehicles, are exempt from the
tax. The annual vehicle licensing fee applies only when renewing a vehicle registration, and is effective upon
the registration renewal date as provided by the Department of Licensing.
The following vehicles are subject to the vehicle licensing fee under RCW 82.80.140:
Vehicles Subject to the VLF
Use Type
CAB
CMB

Description
Taxicab
Combination

Authority
RCW 46.17.350
RCW 46.17.355
if scale weight is 6000 pounds or less
RCW 46.16A.450(b)

CMB (non-powered)

Trailers

COM

Commercial vehicle

COM non-powered
CYC
FIX

Commercial
Motorcycle
Fixed Load vehicle

FRH, 6 seats or less
FRH, 7 seats or more

For Hire
For Hire

HDL
LOG (powered)

House Moving Dolly
Used Exclusively for hauling logs

LOG (non-powered)
MHM
MOB
PAS
STA, 6 seats or less
STA, 7 seats or more

Used exclusively for hauling logs
Motor home
Mobile Home
Passenger vehicle
Stage
Stage

TLR
TOW
TRK

Private –use trailer
(if over 2000 pounds scale weight)
Tow truck
Truck

TVL
NEP
NET

Travel trailer
Neighborhood electric passenger vehicle
Neighborhood electric truck

MEP
MET

Medium-speed electric passenger vehicle
Medium-speed electric truck

Q1 2026 Financial Report - 93

RCW 46.17.350
if scale weight is 6000 pounds or less
RCW 46.16A.450
RCW 46.17.350
RCW 46.17.355
if scale weight is 6000 pounds or less
RCW 46.17.350
RCW 46.17.355
if scale weight is 6000 pounds or less
RCW 46.17.350
RCW 46.17.355
if scale weight is 6000 pounds or less
RCW 46.17.355
RCW 46.17.350
RCW 46.17.350 (if actually licensed)
RCW 46.17.350
RCW 46.17.350
RCW 46.17.355
if scale weight is 6000 pounds or less
RCW 46.17.350
RCW 46.17.350
RCW 46.17.355
if scale weight is 6000 pounds or less
RCW 46.17.350
RCW 46.17.350
RCW 46.17.355
if scale weight is 6000 pounds or less
RCW 46.17.350
RCW 46.17.355
if scale weight is 6000 pounds or less

132

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Vehicles Exempt from the Vehicle Licensing Fee
The following vehicles are specifically exempted from the vehicle licensing fee:
a.
b.
c.
d.
e.
f.
g.

Campers, as defined in RCW 46.04.085;
Farm tractors or farm vehicles as defined in RCW 46.04.180 and 46.04.181;
Mopeds, as defined in RCW 46.04.304;
Off-road and non-highway vehicles as defined in RCW 46.04.365;
Private use single-axle trailer, as defined in RCW 46.04.422;
Snowmobiles as defined in RCW 46.04.546; and
Vehicles registered under chapter 46.87 RCW and the international registration plan.

The following vehicles are not subject to the vehicle fee under RCW 82.80.140:

Use Type
ATQ
ATV
CGR
CMP
GOV
FAR
FCB
FED
FEX
FMC
ORV
PED
ATQ
SCH
SNO, SNV
SNV
SNX
TLR

Vehicles Exempt from VLF
Description
Antique Vehicle (any vehicle 30 years old)
Motorized Non-highway vehicle
Converter Gear
Campers
State, County, City, Tribal
Farm
Farm Combination
Federally Owned
Farm Exempt
Federal Motorcycle Trailer
Off Road Vehicles
Moped
Restored and Collector Vehicles
Private School
Snowmobiles
Vintage snowmobiles
State, County, City owned snowmobiles
Personal use trailers, single axle
(less than 2,000 pounds scale weight)

Q1 2026 Financial Report - 94

Reasoning
Not subject to license fees
Not subject to RCW 82.80.140
Not subject to license fees
Exempt under RCW 82.80.140
Not subject to license fees
Exempt under RCW 82.80.140
Exempt under RCW 82.80.140
Not subject to license fees
Not subject to license fees
Not subject to license fees
Exempt under RCW 82.80.140
Exempt under RCW 82.80.140
Not subject to license fees
Not subject to license fees
Exempt under RCW 82.80.140
Exempt under RCW 82.80.140
Exempt under RCW 82.80.140
Exempt under RCW 82.80.140

133

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Fund 302 – Transportation CIP

The Transportation Capital Projects Fund accounts for receipts and disbursements related to acquisition,
design, construction and any other related street capital project expenditures. Revenues supporting this
fund’s activities include motor vehicle fuel tax; direct and indirect federal grants; state grants; GO bond
proceeds; transfers in from the Real Estate Excise Tax Fund; contribution from General Fund, Community
Development Block Grant, and the councilmanic $20 vehicle licensing fees from the Transportation Benefit
District Fund.
Fund 302 Transportation CIP - As of March 31, 2026
2026 Budget
2026 Actual
Revenues:
Motor Vehicle Excise Tax
$
296,226
70,255
Increased Motor Vehicle Excise Tax
71,600
17,703
Multi-Modal Distribution
81,900
20,231
Grants
15,273,248
2,422,960
Contributions From Utilities/Developers/Partners
231,305
38,406
Proceeds from Sale of Asset/Street Vacation
79,384
79,384
Pavement Degradation
12,229
Traffic Mitigation
34,784
Interest/Other
32,774
GO Bond Proceeds
6,600,000
6,600,000
Transfer In - Fund 001 General
51,018
51,018
Transfer In - Fund 303 REET
717,000
120,500
Transfer In - Fund 401 SWM
1,587,208
92,790
Total Revenues
$
24,988,889 $
9,593,034
Expenditures:
302.0000 Unallocated
297,618
23,150
302.0001 Personnel, Engineering & Professional Svcs
554,251
62,939
302.0002 New LED Streetlights
428,463
302.0003 Neighborhood Traffic Safety
95,391
4,382
302.0004 Minor Capital
392,840
15,217
302.0005 Chip Seal Program
637,836
12,862
302.0074 Streets: S Tacoma Way - 88th to 80th St
161,725
302.0075 Streets: Mt. Tacoma Drive – Interlaaken to Whitman Avenue
4,213,041
10,300
302.0076 Non-Motorized Trail: Nyanza Road SW
3,265,474
1,765,872
302.0078 New Traffic Signal - 92nd Street & S Tacoma Way
683,219
134,802
302.0097 Non-Motorized Access: Lakewood Station Vicinity
231,097
302.0111 Street & Sidewalks: Kendrick from 111th St. SW to 108th St SW Roadway
1,912,411
46,204
302.0113 Military Road SW - Edgewood to 112th
13,902
302.0114 112th Sidewalks: Gravelly Lk Dr SW to Bridgeport Way SW
3,600,629
1,257,779
302.0116 Street & Sidewalks: Custer Rd. SW: BPW - Lakewood Dr. SW(East City Limits/74th St.)
2,738,231
251,111
302.0121 Streets: 112th - Farwest Dr SW to Butte Dr SW
2,057,496
22,701
302.0122 Sidewalks: 47th Ave SW - 121st St SW to Pacific Hwy SW
336,095
33,209
302.0131 Overlay & Sidewalk Fill-In: Custer Rd - John Dower to 500' West of BW
1,464,906
3,772
302.0133 Street & Sidewalks: Steilacoom Blvd (Farwest to Weller) ROW Acquisition
445,000
302.0136 Street & Sidewalks: 100th St.: 59th Ave. to S. Tacoma Way
515,350
302.0158 Interlaaken: 112th to WA Blvd
908,582
546,722
302.0159 Idlewild Rd SW: Idlewild School to 112th SW
99,379
126,785
302.0160 112th St SW; Idlewild Rd SW to Interlaaken Dr SW
484,242
188,269
302.0168 McChord Drive SW - Bridgeport to 47th
663,808
32,816
302.0170 Lincoln Avenue - McChord to San Francisco
64,212
302.0173 Clover Creek Drive - Pacific Highway to Hillcrest
136,844
22,639
302.0176 112th Street - S Tacoma Way to Steele
1,184,053
302.0178 Interlaaken Bridge Repair
200,000
302.0179 RAISE Grant - Planning: Lakewood Downtown Transportation Feasibility Study
1,097,659
318
Total Expenditures
$
28,722,029 $
4,723,573
Beginning Fund Balance $
Ending Fund Balance $
Q1 2026 Financial Report - 95

3,859,448 $
126,307 $

3,859,448
8,728,909

134

Return to Agenda

Sewer CIP Funds
The Sewer Capital Project CIP Fund accounts for the construction and expansion of a sewer system and
related costs to maintain and operate the fund. The City Council also adopted Resolution 2018-19, which
supports continuing the sewer surcharge and expanding the geographical area to include the entire city and
identifies that the surcharge is to be used for design, construction and other costs associated with sewer
projects beyond paying for debt service. This will allow the City to use surcharge revenue to pay for sewer
projects both inside and outside of Tillicum and Woodbrook.

Fund 311 Sewer Capital Project - As of March 31, 2026
Revenues:
Interest/Other
Grant
Sewer Availability charges
Sewer Collection charges
Transfer In - Fund 204 Sewer Project Debt (4.75% Surcharge)
Total Revenues
Expenditures:
311.0000
Unallocated
311.0002
Side Sewer CIPS
311.0007
Wadsworth, Silcox & Boat St. Sewer Extension
311.0008
Grant Ave & Orchard Sewer Extension
311.0009
Washington Ave & W throne Ln Sewer Extension
Total Expenditures

2026 Budget

$

$
1,590,164
265,600
60,100
1,915,864 $

23,881
18,311
69,900
285
60,100
172,477

$

35,000
500,419
2,162,052
1,884,878
120,000
4,702,349 $

4,028
11,550
6,761
22,339

Beginning Fund Balance $
Ending Fund Balance $

3,019,088 $
232,603 $

3,019,088
3,169,226

Q1 2026 Financial Report - 96

$

2026 Actual

135

Return to Agenda

Fund 401 – Surface Water Management Operations & CIP
The Surface Water Management Fund accounts for activities that provide storm water collection and
disposal services to the City. Activities include administration, engineering, construction, operation,
maintenance, and repairs, which are primarily supported by user fees. The fees are billed by Pierce County
and are included in the semi-annual property taxes, and remitted by the County to the City.

Fund 401 Surface Water Management - As of March 31, 2026
Revenues:
Storm Drainage Fees & Charges
Site Development Permits
Special Assessment
Interest Earnings / Other
Grants/Contributions
Total Revenues
Expenditures:
401.0000 Operations & Maintenance
401.0000 Transfers to General Fund
401.0000 Transfers to Parks CIP
401.0000 Transfers to Transportation CIP
401.0000 Debt Service Payment
401.0000 Debt Service Interest
401.0021 American Lake Treatment Project
401.0028 2026 Drainage Pipe Repair Project
401.0033 2026 Water Quality Improvements
401.0034 Annual Catch Basin and Storm Drainage Repair
401.9999 Other 1-Time Programs
Total Expenditures

2026 Budget

$

5,366,000 $
50,000
23,735
275,000
272,523
5,987,258 $

579,530
4,827
101,984
4,419
690,759
608,018
71,175
92,790
976

$

4,191,479
284,700
70,000
1,430,978
470,160
30,837
60,725
395,000
75,000
400,000
36,911
7,445,790 $

Beginning Fund Balance $ 13,299,826 $
Ending Fund Balance $ 11,841,294 $

13,379,827
13,293,689

Q1 2026 Financial Report - 97

$

2026 Actual

3,939
776,898

136

Return to Agenda

ADMINISTRATIVE SERVICES
Fund 104 Lodging Tax
There is an excise tax of 7% on the sale of or charge made for the furnishing of lodging by a hotel, rooming
house, tourist court, motel, trailer camp and the granting of similar license to use real property. The
hotel/motel taxes generated from the rental of rooms are restricted to the promotion of tourism in the City.
The City’s Lodging Tax Advisory Committee makes recommendations to the City Council in how the taxes
are to be used.
Lodging Tax
Year-to-date through March
2026

Month
2024 Actual
2025 Actual
Budget
Actual
Jan
$
98,018 $
87,262 $
84,106 $
96,443
Feb
92,906
98,269
82,689
100,100
Mar
97,251
104,085
102,215
97,604
Apr
96,236
94,576
95,986
May
115,542
113,286
109,464
Jun
135,934
135,386
132,422
Jul
165,028
144,158
145,462
Aug
151,014
155,387
138,218
Sep
126,727
113,480
123,770
Oct
104,643
99,871
96,968
Nov
91,916
79,777
79,133
Dec
78,058
84,897
80,818
Total YTD
$
288,175 $
289,616 $
269,010 $
294,147
Annual Total
$ 1,353,273 $ 1,310,433 $ 1,271,250
n/a
5-Year Ave Change (2021 - 2025):
1.1%

Over / (Under)
2026 Actual vs 2025 Actual 2026 Actual vs Budget
$
%
$
%
$
9,181
10.5% $ 12,337
14.7%
1,831
1.9%
17,411
21.1%
(6,481)
-6.2%
(4,611)
-4.5%
$
4,531
1.6% $ 25,137
9.3%
n/a
n/a
n/a
n/a

Q1 2026 Financial Report - 98

137

Return to Agenda

The following table provides details of lodging tax revenues and grant allocations.

2026
Annual Budget Actual YTD Mar

Lodging Tax Summary
4% Revenue:
Special Hotel/Motel Tax (2%)
Transient Rental Income (2%)

$
Subtotal

3% Revenue:
Special Hotel/Motel Tax (3%)

Subtotal

Interest Earnings

Total Revenue
$
4% Expenditure:
Asia Pacific Cultural Center
City of Lakewood - Communications - Imaging Promotion
City of Lakewood - Concert Series
City of Lakewood - MLK Beloved Community
City of Lakewood - Saturday Street Festivals on Motor Ave.
City of Lakewood - PRCS - Farmers Market
City of Lakewood - PRCS - SummerFEST
City of Lakewood - PRCS - Fiesta de la Familia
Grave Concerns
Historic Fort Steilacoom Association
Lakewold Gardens
Lakewood Chamber of Commerce
Lakewood Historical Society & Museum
Lakewood Playhouse
Lakewood Sister Cities Association - Gimhae
Tacoma Regional Convention + Visitor Bureau & Tacoma Sound Sports Commission
Subtotal
3% Expenditure:
CPTC McGavick Lease Payment
HBarn Restoration & Renovation
Subtotal
Total Expenditures
Beginning Balance
Ending Balance

Q1 2026 Financial Report - 99

363,214 $
363,216
726,430

84,042
84,042
168,084

544,820
544,820
80,000
1,351,250 $

126,063
126,063
32,798
326,944

13,000
70,000
30,000
15,000
7,000
75,000
210,000
25,000
12,000
10,000
190,000
132,000
38,000
110,000
42,000
125,000
1,104,000

7,000
11,168
577
6,027
1,507
19,860
29,930
1,500
13,034
90,604

101,850
2,000,000
2,101,850

-

$

3,205,850 $

90,604

$
$

4,268,348 $
2,413,748 $

4,268,348
4,504,688

138

Return to Agenda

Fund 501 Fleet & Equipment
The Fleet and Equipment Replacement Fund accounts for all costs associated with operating, maintaining
and replacing the City’s vehicles and other motorized equipment. This fund owns and depreciates all nonproprietary fund assets of this nature. Fleet and equipment user charges are allocated to the operating funds
based on usage.

Sources:
M&O Revenue
Interest Earnings/Misc
Lease Revenue
Replacement Reserves Collections
Capital Contributions
Proceeds from Sale of Assets
Transfer In from Insurance Recovery
Total Sources
Operating Exp:
Fuel/Gasoline
Other Supplies
Repairs & Maintenance
Other Services & Charges
Subtotal - Operating Exp
Capital & Other 1-Time:
Fleet & Equipment Replacement
Subtotal - Capital & Other 1-Time Exp
Total Uses
Sources Over/(Under) Uses
Beginning Balance
Ending Balance

Fund 501 - Fleet & Equipment Fund
As of March 31, 2026
2024
Annual
Actual

2025
Annual
Actual

Annual
Budget

$

567,108 $
226,797
30,000
532,753
51,458
109,201
1,517,317 $

585,784 $
160,500
30,000
1,087,312
26,964
81,288
81,259
2,053,108 $

977,785 $
20,000
30,000
1,130,388
2,158,173 $

175,741
37,453
7,500
282,597
503,291

$

405,848
13,778
455,486
251
875,363 $

463,811
15,001
376,890
1,870
857,573 $

467,730
14,975
545,080
1,027,785 $

105,810
5,088
109,796
220,694

$
$
$
$
$

1,589,005
1,589,005 $
2,464,368 $
(947,051) $
5,420,721 $
4,473,670 $

$

863,364
863,364
1,720,937
332,171
4,473,670
4,805,841

$
$
$
$
$

2026

1,027,785
1,130,388
4,805,841
5,936,229

$
$
$
$
$

YTD
Actual

220,694
282,597
4,805,841
5,088,437

Fund 503 Information Technology
The Information Technology Fund accounts for all costs and services associated with the City’s Information
Technology needs. This fund supports all internal systems such as the City’s Geographical Information
Systems (GIS) needs, Internal & External Web Resources (WWW, Intranet & FTP), E-Mail Systems, business
continuity needs, infrastructure resources, applications and overall support. In addition, the fund leverages
emerging technologies to reduce cost, limit growth in the workforce, and improve services to citizens and
employees; and to provide the most innovative and cost-effective technology services for managing the City
of Lakewood. Information technology costs are allocated to the operating funds based on a combination of
FTEs and usage.

Q1 2026 Financial Report - 100

139

Return to Agenda

Fund 503 - Information Technology
As of March 31, 2026
2024
Annual
Actual

Sources:
M&O Revenue
Interest Earnings/Misc
Replacement Reserves Collections
Sale of Surplus
1-Time M&O/Capital Contributions/Grants
Total Sources
Operating Exp:
Personnel
Supplies
Other Services & Charges
Subtotal - Operating Exp
Capital & Other 1-Time:
CW Wireless Access Point (WI-FI)
CW Website Update/Redesign
CW Video Surveillance
CW Server/Hardware Upgrades
CW Computer Replacement
CW Document Management System
CD Rental Housing Project
PD SANS Implementation (Storage)
PD AXON Body Cameras
CW Server/Hardware Upgrades
CW Replacement Copiers
CW CrowdStrike
CW Co-Location Disaster Recovery Servers
CW Managed Services Provider
CW Microsoft Office 365
PD Flock Safety
AD ERP Software
CW Incident Response Plan
CW MS Share Point Implementation
PD Lexipol
CW Email/Archive/Cloud Migration
CW Contracted Svc ERP System
PD CradlePoint Hardware Maint
PD Amplified Wireless
CM New Audio Visual System
CM Website Accessibility
CW Computer Software/Hardware
Subtotal - Capital & Other 1-Time Exp
Total Uses
Total Sources Over/(Under) Uses
Other Sources:
GASB 96 SBITA Subscription Based IT Arrangements
Total Other Sources
Other Uses:
GASB 96 SBITA Subscription Based IT Arrangements
Total Other Uses
Beginning Balance
Ending Balance

2025
Annual
Actual

Annual
Budget

2,047,488 $
17,704
56,479
10,619
1,008,619
3,140,909

2,576,463 $
5,374
947,017
3,528,853 $

3,370,187 $
1,797,478
5,167,665

756,439
120
43,202
799,760

$

797,884
98,980
1,178,946
2,075,810 $

662,785
65,512
1,765,782
2,494,080 $

701,912
214,020
2,303,675
3,219,607 $

187,194
9,901
559,447
756,542

43,287
121,463
536,614
13,390
9,900
21,580
84,356
45,850
8,500
15,513
134,320
1,034,773
3,528,853
-

50,000
48,000
15,000
145,000
150,000
473,590

1,679
24,739
4,800
12,000
-

$
$
$

4,000
82,509
39,636
556,107
5,383
76,901
9,020
135,093
11,000
12,550
13,000
67,433
35,624
1,404,042 $
4,071,904 $
(338,943) $

$

592,052
592,052 $

712,540
712,540 $

-

$

-

$
$
$

592,052
592,052 $
338,942 $
- $

712,540
712,540 $
- $
- $

-

$
$
$

-

$

Q1 2026 Financial Report - 101

.

$
$
$

2026

YTD
Actual

202,580
365,650
10,000
221,650
240,000
26,588
1,948,058 $
5,167,665 $
- $

43,219
799,760
-

140

Return to Agenda

Fund 504 Risk Management
The Risk Management Fund accounts for the financial administration of the City’s comprehensive risk
management program. The Fund assures that the revenues and assets of the City are protected through an
established risk control and risk finance program including risk management goals and objectives, a
formalized risk assessment process and methodology for reviewing and monitoring of the effectiveness of
the risk management program. Risk management functions include property, casualty and general liability
and similar functions. Risk management provides departments with information and assistance about
recommended insurance requirements for various City contracts. Through the safety program, information
and training is provided on how to reduce the risk of injury to employees, the general public and the City
owned and leased property. This fund is funded primarily through user charges allocated to the operating
funds based on a combination of FTEs and usage.
Fund 504 - Risk Management
As of March 31, 2026
2024
Annual
Actual

Sources:
M&O Revenue
Insurance Proceeds/3rd Party Recoveries
Transfer in - SSMCP Fund 192 (Tactical Tailor Reimbursement)
Total Sources
Uses:
Safety Program
AWC Retro Program
WCIA Assessment
Claims/Judgments & Settlements
Transfer Insurance Proceeds to Fleet & Equipment
Total Uses
Sources Over/(Under) Uses
Beginning Balance
Ending Balance

2025
Annual
Actual

Annual
Budget

$

3,023,751 $
390,629
3,414,380 $

3,371,074 $
455,549
7,333
3,833,956 $

3,870,683 $
400,000
4,270,683 $

3,731,210
13,476
3,744,686

$
$
$
$

5,863
64,824
2,883,450
351,042
109,201
3,414,380 $
- $
- $

4,716
3,272,854
475,127
81,259
3,833,956
-

5,850
3,786,093
478,740
4,270,683 $
- $
- $

2,102
3,613,943
128,642
3,744,686
-

$

Q1 2026 Financial Report - 102

$
$
$
$

2026

YTD
Actual

141

Return to Agenda

Debt Service
Under RCW 39.36.020(2), voters may approve general government bond issues up to 2.5% of the City’s total
assessed property value. Within this overall limit, the City Council may approve bonds without voter approval
up to 1.5% of assessed valuation.
Before 1994, council-approved (non-voted) debt was limited to 0.75% for general government purposes, with
an additional 0.75% allowed only for lease-purchase contracts. These limits were later combined, allowing the
full 1.5% to be used for any municipal purpose, including bonds.
Based on current valuations, the City has $160.4 million of remaining debt capacity without voter approval,
and an additional $122.0 million available with voter approval for a total general purpose debt capacity of
$282.3 million. Voter-approved debt, known as unlimited tax general obligation (UTGO) debt, requires 60%
approval and voter turnout of at least 40% of the prior state general election. This approval allows the City to
levy property taxes above normal constitutional and statutory limits to repay the debt.
In addition to general government debt, RCW 39.36.030(4) allows voters to approve separate bond issues for
park facilities and utilities, each up to 2.5% of assessed valuation. As a result, the City may legally issue bonds
totaling up to 7.5% of assessed valuation, or $891.9 million.
The tables below summarize the City’s available debt capacity and outstanding debt as of March 31, 2026.

Description
AV = $12,191,828,790 (A)
1.50%
2.50%

Computation of Limitation of Indebtedness
As of March 31, 2026
General Purpose
Excess Levy
Councilmanic Excess Levy Open Space &
(Limited GO) (with a vote)
(voted)

Total
Debt
Capacity

$ 182,877,432 $ (182,877,432)
$
$ 304,795,720 $ 304,795,720 $ 304,795,720 $ 914,387,159

Add: Cash on Hand for Redemption (B) $

-

Less: Bonds Outstanding

$ (22,512,757) $

Remaining Debt Capacity

$160,364,675

General Capacity (C)

Excess Levy
Utility
(voted)

$
-

$

$121,918,288

$304,795,720

$

-

-

$ (22,512,757)

$304,795,720

$891,874,403

$282,282,963

(A) Certified Values for Tax Year 2026
(B) Debt Service Prefunding (the City currently does not prefund debt service)
(C) Combined Total for Councilmanic and Excess Levy Capacities

Public Works Trust Fund Loans & SWM Revenue Bonds The City
borrowed a total of $7.93M at rates between 0.50% and 1.0% for 20
years from the State’s Public Works Trust Fund (PWTF) to finance
sewer projects. The PWTF is a revolving loan managed by the State
to provide below market rate financing for health and safety
related public works improvement projects through a competitive
application process. The City also issued $4.0 in SWM Revenue
Bonds in 2021. These loans are backed by the rates collected from
users thus are not considered as the City’s general obligation debt
nor are they subject to the limitation of calculation.

Q1 2026 Financial Report - 103

142

Return to Agenda

Summary of Outstanding Debt
As of March 31, 2026
Ave ra ge
Is s ue
Da te
03/31/2026

Fi na l
Interes t
Ma turi ty
Ra te %
12/01/2044 2.51-3.75%

$

Amount
Is s ued
8,550,000

Tra nsporta ti o
n Projects

12/19/2024

12/01/2034

4.45%

$

2021B LTGO

Tra nsporta ti o
n Projects

10/14/2021

12/01/2037

2.00%

2020 LTGO

Tra nsporta ti o
n Projects

12/9/2020

12/1/2035

2019 LTGO

Tra nsporta ti o
n Projects

5/8/2019

12/1/2038

Refundi ng
2009 LTGO
LOCAL Fi na nci ng LED Streetl i ght
Retrofi t

Des cri pti on
2026 LTGO

Purpos e
Tra nsporta ti o
n Projects

2024 LTGO

2016 LTGO

2021 SWM
Revenue Bond

PWTFL
06-962-022
PWTFL
08-951-025
PWTFL
12-951-025

Loca l
Improvement
Di s tri ct (LID)
1109

Surfa ce Wa ter
Ma na gement
Projects

Outs ta ndi ng
Debt
$ 8,550,000

Annua l
Fundi ng
Pa yment
Source
$
696,000 TBD $20 VLF

3,000,000

$

$

$

5,971,635

$

5,238,525

$

493,000 REET

2.00%

$

3,029,885

$

2,117,190

$

236,000 REET

3.0 - 5%

$

7,460,000

$

5,700,000

$

540,000 REET

4/19/2016

12/1/2028 1.40 - 2.41% $

1,884,032

$

602,042

$

210,000 Ge nera l Fund

3/24/2015

6/1/2027

157,000 Ge nera l Fund

10/16/2021

12/01/2030

-

-

TBD $20 VLF

2.33%

$

1,460,000

$

305,000

$

Subtotal

$

31,355,552

$ 22,512,757

$

1.50%

$

4,028,365 $

2,218,515

$

461,000 SWM

Subtotal

$

4,028,365

$

2,218,515

$

461,000

2,332,000

Ameri ca n La ke
Ga rdens /
Ti l l i cum
Sewer
Ameri ca n La ke
Ga rdens /
Ti l l i cum
Sewer
Ameri ca n La ke
Ga rdens /
Ti l l i cum
Sewer

9/18/2006

6/1/2026

0.50%

$

5,000,000

$

294,482

$

296,000 As s es s ments on
a l l La kewood
Sewer Accounts

3/1/2008

6/1/2028

0.50%

$

1,840,000

$

312,078

$

105,000 As s es s ments on
a l l La kewood
Sewer Accounts

6/1/2012

6/1/2031

0.50%

$

500,000

$

214,286

$

36,000 As s es s ments on
a l l La kewood
Sewer Accounts

Subtotal

$

7,340,000

$

820,846

$

437,000

Street
Improvements

3/2/2020

3/1/2033 2.76 - 3.47% $

922,757

$

426,000

$

69,000 As s es s ment on
Si ngl e Busi nes s

$

426,000

$

69,000

$ 25,978,118

$

3,299,000

Subtotal

$

922,757

Total

$

43,646,674

Compensated absences are an unfunded liability comprised of all outstanding vacation pay and accrued
compensatory time that is recorded as an expenditure when paid. This occurs when an employee is paid out
for unused vacation or compensatory time when an employee leaves the City. The calculation is made on an
annual basis. As of December 31, 2025, this unfunded liability totals $4.50M.

Group
Non-Rep
AFSCME
LPMG
LPIG
Teamsters
Total

FTE
36.00
94.75
5.00
96.00
2.00
233.75

2022

Liability
$ 669,160
740,049
275,003
1,691,570
17,299
$ 3,393,081

Legacy Cost as of December 31
2023
2024
FTE
Liability
FTE
Liability
36.00
$ 1,049,600
34.00
$ 1,561,667
101.00
725,308
100.50
828,262
5.00
296,898
5.00
313,373
99.00
1,875,883
99.00
2,047,354
2.00
15,820
2.00
15,309
243.00
$ 3,963,509
240.50
$ 4,765,964
Q1 2026 Financial Report - 104

FTE
35.00
97.50
5.00
99.00
2.00
238.50

2025

Liability
$ 1,425,969
858,157
270,197
1,932,929
16,163
$ 4,503,415
143

Return to Agenda

Cash & Investments
The City currently maintains cash in its bank account to earn
earnings credit, which offsets banking service fees. The remainder
is invested with the Local Government Investment Pool (LGIP). As
of March 31, 2026, the total invested with the LGIP is $35.5M with
net earnings of 3.71% compared to the average quarterly yield on
the 6-month Treasury Bill of 3.64%.

By Fund Summary

Month
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Average

LGIP Net Earnings Rate
2022 2023 2024 2025
0.09% 4.40% 5.42% 4.45%
0.11% 4.61% 5.41% 4.43%
0.22% 4.76% 5.41% 4.40%
0.40% 4.93% 5.40% 4.39%
0.70% 5.15% 5.40% 4.37%
1.01% 5.20% 5.40% 4.38%
1.61% 5.24% 5.41% 4.39%
2.25% 5.34% 5.40% 4.38%
2.56% 5.39% 5.23% 4.29%
3.03% 5.40% 4.93% 4.17%
3.76% 5.43% 4.72% 4.01%
4.12% 5.43% 4.60% 3.87%
1.66% 5.11% 5.23% 4.30%

2026
3.78%
3.74%
3.72%

3.74%

The following table provides a summary of each fund’s activity as of March 31, 2026.

Fund
Total All Funds
001General Fund

Beginning
Revenue
Ending
Fund Balance
YTD Activity
Over/(Under) Fund Balance
(1)
(2)
1/1/2026
Expenditures
3/31/2026
Revenues
Expenditures
$ 48,684,623 $
36,733,635 $
31,442,852 $
5,290,783 $ 53,975,403

Cash
(3)
Balance
3/31/2026
$ 43,849,819

$

$

11,804,451 $

14,788,105 $

15,763,914 $

1XX Special Revenue Funds
$ 8,444,787
$1,991,878
$1,517,675
101 Street Operations & Maintenance
845,101
845,101
103 Transportation Benefit District
454,265
192,836
0
104 Hotel/Motel Lodging Tax
4,268,348
326,944
90,604
105 Property Abatement/RHSP/1406 Funds
1,028,327
117,470
252,109
106 Public Art
31,251
28,412
300
180 Narcotics Seizure
29,415
59,168
32,959
181 Felony Seizure
431
4,479
124
182 Federal Seizure
1,230
10
0
190 CDBG
2,369,333
96,230
116,451
191 Neighborhood Stabilization Program
14,148
192 South Sound Military Partnership
129,345
201,000
68,935
195 Public Safety Grants
34,136
34,136
196 ARPA (American Rescue Plan Act)
118,694
86,092
76,957
2XX Debt Service Fund
$1,443,577
$3,056,498
$2,935,949
201 General Obligation Bond Debt Service
2,790,690
2,790,690
202 Local Improvement District Debt Service
79,965
416
85,159
204 Sewer Project Debt Service
1,265,452
264,629
60,100
251 Local Improvement District Guaranty
98,161
764
0
3XX Capital Project Funds
$8,666,162
$10,646,905
$5,161,946
301 Parks CIP
1,786,890
426,094
160,534
302 Transportation CIP
3,859,448
9,593,034
4,723,573
303 Real Estate Excise Tax
736
455,300
255,500
311 Sewer Project CIP
3,019,088
172,477
22,339
4XX Enterprise Funds
$13,379,823
$690,759
$776,898
401 Surface Water Management
13,379,823
690,759
776,898
5XX Internal Service Funds
$4,905,838
$5,292,593
$5,021,676
501 Fleet & Equipment
4,805,840
503,291
220,490
502 Property Management
100,000
244,855
256,739
503 Information Technology
799,760
799,760
504 Risk Management
3,744,686
3,744,686
6XX Fiduciary Funds
$39,984
$266,896
$264,794
631 Custodial Funds
39,984
266,896
264,794
(1) Revenues includes all sources, ongoing and one-time.
(2) Expenditures includes all uses, ongoing and one-time.
(3) Negative cash balance due to timing of grant reimbursements and/or revenue collection.

Q1 2026 Financial Report - 105

(975,808) $
$474,203
192,836
236,341
(134,638)
28,112
26,209
4,355
10
(20,221)
132,065
0
9,135
$120,549
(0)
(84,743)
204,529
764
$5,484,959
265,560
4,869,461
199,800
150,138
($86,138)
(86,138)
$270,918
282,801
(11,883)
$2,102
2,102

10,828,643
$8,918,989
647,101
4,504,689
893,688
59,363
55,624
4,786
1,240
2,349,112
14,148
261,410
0
127,829
$1,564,125
(0)
(4,779)
1,469,981
98,925
$14,151,121
2,052,449
8,728,910
200,536
3,169,226
$13,293,685
13,293,684
$5,176,756
5,088,641
88,117
$42,086
42,086

4,181,090
$6,921,738
(62,530)
647,102
4,306,985
470,065
59,362
102,425
5,284
1,239
(7,561)
14,148
282,260
(47,950)
1,150,910
$1,564,215
(4,778)
1,470,069
98,924
$12,839,730
1,990,617
7,695,873
465
3,152,775
$12,892,372
12,892,372
$5,408,587
5,088,641
145,808
164,657
9,481
$42,086
42,086

144

Return to Agenda
2024
Annual
Actual

2025
Annual
Actual

2026
Adjusted
Budget

2026
YTD
Actual

$34,067,545

$36,389,574

$37,634,058

$11,545,555

(001) GENERAL FUND
REVENUES:
Taxes
Property Tax

7,887,849

8,069,883

8,217,018

3,827,327

Local Sales & Use Tax

15,005,306

16,040,469

16,040,000

4,447,115

859,604

897,496

936,600

225,366

-

-

700,000

-

52,405

49,871

47,800

8,955

1,538,344

1,605,417

1,666,200

384,103

451,853

423,502

453,800

76,541

5,688,057

6,785,193

6,985,840

1,939,702

9,596

8,138

6,900

115

Sales/Parks
Sales Tax 1/10th of 1% for Public Safety
Brokered Natural Gas Use Tax
Criminal Justice Sales Tax
Admissions Tax
Utility Tax
Leasehold Tax
Gambling Tax
Franchise Fees

2,574,532

2,509,606

2,579,900

636,330

4,662,778

4,820,565

5,048,300

1,166,815

Cable, Water, Sewer, Solid Waste

3,371,221

3,503,215

3,678,200

825,423

Tacoma Power

1,291,557

1,310,791

1,370,100

341,391

-

6,559

-

-

Development Service Fees

Small Cell

5,283,125

6,691,837

4,875,360

664,536

Building Permits

1,765,453

3,669,924

1,431,660

458,079

Other Building Permit Fees

1,128,768

1,566,008

1,081,700

1,000

Plan Review/Plan Check Fees

2,253,598

1,073,326

2,264,500

113,877

135,305

382,580

97,500

91,580

Licenses & Permits

463,137

559,274

588,000

174,991

Business License

298,315

442,970

455,300

139,198

Alarm Permits & Fees

136,481

91,264

97,900

21,513

Animal Licenses

28,341

25,040

34,800

14,280

State Shared Revenues

1,398,084

1,406,171

1,523,600

355,651

Criminal Justice

263,373

285,631

207,300

71,802

Criminal Justice High Crime

213,303

225,059

311,100

56,782

Liquor Excise Tax

437,143

413,718

511,400

107,925

Other Zoning/Development Fees

Liquor Board Profits

484,265

481,763

493,800

119,143

548,669

458,361

348,648

92,554

Police FBI & Other Misc

12,860

10,760

15,400

-

Police-Animal Svcs-Steilacoom

22,123

22,682

21,700

5,294

Police-Animal Svcs-Dupont

38,710

39,444

40,200

10,048

Police-South Sound 911 Background Investigations

47,690

46,121

49,000

13,921

Muni Court-Town of Steilacoom Contract

66,242

88,476

113,354

24,285

Muni Court-City of Dupont

361,044

250,878

108,994

39,007

Intergovernmental

Q1 2026 Financial Report - 106

145

Return to Agenda
2024
Annual
Actual

2025
Annual
Actual

2026
Adjusted
Budget

2026
YTD
Actual

Charges for Services & Fees

1,690,326

2,260,609

1,406,400

201,236

Parks & Recreation Fees

280,557

267,640

250,800

43,985

Police - Various Contracts

35,616

45,590

14,500

(0)

1,175,816

1,504,239

775,000

65,070

197,390

439,805

365,000

91,250

(001) GENERAL FUND-continued

Police - Extra Duty
Police - Western State Hospital Community Policing
Other
Fines & Forfeitures

946

3,335

1,100

931

1,312,331

1,425,531

1,263,600

307,709

Municipal Court

291,236

310,287

263,600

73,406

Photo Infraction

1,021,095

1,115,244

1,000,000

234,302

Miscellaneous/Interest/Other

628,779

711,906

435,848

71,269

Interest Earnings

531,966

441,000

371,748

61,344

Penalties & Interest - Taxes

26,201

210,621

2,600

943

Miscellaneous/Other

70,613

60,285

61,500

8,982

284,700

284,700

284,700

71,175

284,700

284,700

284,700

71,175

$50,339,475

$55,008,528

$53,408,514

$14,651,491

City Council

181,860

175,211

189,158

42,163

Legislative

181,860

175,184

185,708

42,163

Interfund Transfers/Charges
Interfund Charges - Fund 401 SWM
Subtotal Operating Revenues
EXPENDITURES:

Sister City

-

26

3,450

-

City Manager

1,082,243

1,063,974

1,289,490

319,701

Executive

711,751

742,476

806,394

241,623

Communications

370,492

321,498

483,096

78,078

Municipal Court

1,547,336

1,452,874

1,602,586

477,684

Judicial Services

1,216,631

1,117,355

1,196,405

433,163

Professional Services

96,818

77,747

55,000

11,681

Probation & Detention

233,887

257,771

351,181

32,840

Administrative Services

3,276,674

3,683,613

4,272,739

969,228

1,693,456

1,668,561

1,986,189

475,694

842,198

1,129,357

1,479,040

276,943

Finance
Non-Departmental (City-Wide & Public Defender)
Human Resources (Previously Under Legal Dept 2021-2024)
Legal
Civil Legal Services

741,020

885,695

807,511

216,590

1,711,962

2,006,907

2,051,586

663,694
395,238

1,045,034

984,667

1,358,294

Criminal Prosecution Services

173,797

355,716

226,699

82,103

City Clerk

388,491

474,771

356,593

186,353

Election

104,640

191,753

110,000

-

Q1 2026 Financial Report - 107

146

Return to Agenda
2024
Annual
Actual

2025
Annual
Actual

2026
Adjusted
Budget

2026
YTD
Actual

4,083,279

4,401,268

4,068,513

1,199,027

1,266,657

-

-

-

(001) GENERAL FUND-continued
Planning & Public Works (formerly CED)
Current Planning
Long Range Planning

307,879

-

-

-

-

1,683,904

1,576,070

481,103

Planning
Geographical Information Systems
Building
Economic Development
Parks, Recreation & Community Services

33,218

157,777

161,311

40,243

2,114,616

2,164,973

1,893,754

577,653

360,910

394,615

437,378

100,028
1,042,367

3,468,708

4,069,499

4,232,229

Human Services

480,517

590,847

615,836

38,449

Administration

357,379

458,507

487,283

215,951

Recreation

584,665

529,416

539,818

89,508

Senior Services

206,700

189,106

223,205

41,048

Parks Facilities

884,024

1,051,730

1,034,415

263,138

Fort Steilacoom Park

645,453

772,133

833,070

233,723

Street Landscape Maintenance

309,969

477,759

498,602

160,549

Police

31,160,970

33,543,537

33,053,850

9,854,402

Command

5,543,599

6,833,650

7,668,669

3,474,059

Jail Service

1,032,138

832,752

1,330,000

212,373

Dispatch Services/SS911

2,118,965

2,100,890

2,157,580

500,465

Investigations

4,804,757

5,617,330

4,609,685

1,176,544

Patrol

10,934,912

10,327,397

11,424,835

2,465,584

Special Units

137,859

137,396

160,863

33,458

Special Response Team (SRT)

91,386

94,065

91,300

2,906

Neighborhood Policing Unit

1,344,466

1,716,037

1,069,274

444,956

Contracted Services (Extra Duty, offset by Revenue)

1,337,373

1,693,437

775,000

422,310

Community Safety Resource Team (CSRT)

587,041

597,928

633,639

155,461

Training

763,739

892,290

678,676

294,119
298,849

Traffic Policing

1,069,684

1,255,048

1,038,019

Property Room

394,361

382,370

395,287

92,427

Reimbursements

180,176

220,452

95,775

58,485

Support Services/Emergency Management
Animal Control
Road & Street/Camera Enforcement
Interfund Transfers
Transfer to Fund 101 Street O&M
Transfer to Fund 105/190 Abatement Program
Transfer to Fund 201 GO Bond Debt Service
Subtotal Operating Expenditures
OPERATING INCOME (LOSS)
As a % of Operating Expenditures

557

1,253

72,695

-

441,010

459,862

462,553

115,920

378,947

381,382

390,000

106,489

1,938,816

1,896,818

2,574,047

563,247

1,461,060

1,525,899

2,207,753

563,247

35,000

-

-

-

442,756

370,919

366,294

-

$48,451,848

$52,293,700

$53,334,198

$15,131,513

1,887,628

2,714,827

74,316

(480,022)

3.9%

5.2%

0.1%

-3.2%

Q1 2026 Financial Report - 108

147

Return to Agenda
2024
Annual
Actual

2025
Annual
Actual

2026
Adjusted
Budget

2026
YTD
Actual

Grants, Donations/Contrib, 1-Time

1,273,719

1,012,088

1,539,922

136,614

Contributions/Donations/Other

812,133

295,972

749,696

(3,704)

(001) GENERAL FUND-continued
OTHER FINANCING SOURCES:

Property Tax - for Future TIF Debt Service

-

78,542

24,837

53,989

Grants

461,586

637,574

765,389

86,329

Transfers In

1,380,955

632,764

3,704

-

Transfer In - Fund 105 Property Abatement

640,000

-

-

-

Transfer In - Fund 202 LID Debt Service

332,169

55,764

3,704

-

Transfer In - Fund 251 LID Guaranty

53,000

-

-

-

-

577,000

-

-

355,786

-

-

-

$2,654,674

$1,644,852

$1,543,626

$136,614
196,929

Transfer In - Fund 302
Transfer In - Fund 503 Information Technology
Subtotal Other Financing Sources
OTHER FINANCING USES:
Capital & Other 1-Time

3,047,366

3,465,418

5,146,905

City Council

22,111

47,965

52,800

-

City Manager

164,627

188,648

422,232

1,945

Administrative Services

66,885

205,479

573,797

20,690

City-Wide COVID-19 Grants
Planning & Public Works (formerly CED)

6,191

-

-

-

389,539

1,741,525

981,071

53,586

Legal

175,687

82,640

1,373,885

19,948

Municipal Court

223,036

231,444

302,819

44,950

Parks, Recreation & Community Services

294,531

235,353

454,175

29,148

Police
Interfund Transfers

1,704,759

732,363

986,127

26,662

2,115,542

1,967,068

641,912

435,472
34,625

Transfer Out - Fund 101 Street

243,730

433,845

71,065

Transfer Out - Fund 105 Property Abatement/RHSP

50,000

-

-

-

Transfer Out - Fund 106 Public Art

22,000

-

17,552

17,552

Transfer Out - Fund 192 SSMCP

75,000

88,749

75,000

75,000

Transfer Out - Fund 196 ARPA

-

871,949

-

-

1,415,000

372,525

427,277

257,277

Transfer Out - Fund 301 Parks CIP

309,812

200,000

51,018

51,018

Subtotal Other Financing Uses

Transfer Out - Fund 302 Transportation CIP

$5,162,908

$5,432,486

$5,788,817

$632,400

Total Revenues and Other Sources

$52,994,149

$56,653,380

$54,952,140

$14,788,105

Total Expenditures and other Uses

$53,614,756

$57,726,187

$59,123,015

$15,763,914

Beginning Fund Balance:

$13,497,864

$12,877,258

$11,804,451

$11,804,451

Ending Fund Balance:

$12,877,258

$11,804,451

$7,633,576

$10,828,643

25.1%

21.1%

14.0%

72.7%

Ending Fund Balance as a % of Gen/Street Operating Rev
Reserve - Total Target 12% Reserves

$6,154,935

$6,724,415

$6,531,446

$1,787,294

2% Contingency Reserves

$1,025,822

$1,120,736

$1,088,574

$297,882

5% General Fund Reserves

$2,564,556

$2,801,839

$2,721,436

$744,706

5% Strategic Reserves

$2,564,556

$2,801,839

$2,721,436

$744,706

$0

$78,542

$103,379

$132,531

$6,722,323

$5,001,495

$998,752

$8,908,818

Set Aside TIF Property Tax for TIF Debt Svc
Unreserved/Designated

Q1 2026 Financial Report - 109

148

Return to Agenda
2024
Annual
Actual

2025
Annual
Actual

2026
Adjusted
Budget

2026
YTD
Actual

FUND 101 STREET OPERATIONS & MAINTENANCE
REVENUES:
Permits

136,434

234,976

204,700

68,097

Engineering Review Fees

59,432

45,800

79,600

-

Motor Vehicle Fuel Tax
Subtotal Operating Revenues

755,782
$

951,648

747,486
$

1,028,262

735,900
$

1,020,200

174,531
$

242,628

EXPENDITURES:
Street Lighting

278,742

300,975

472,210

57,354

Traffic Control Devices

465,120

441,005

501,850

58,839

Snow & Ice Response
Road & Street Preservation
Subtotal Operating Expenditures
OPERATING INCOME (LOSS)

23,457

41,127

45,500

-

1,667,639

1,773,111

2,208,393

688,163

2,434,958

$2,556,218

$3,227,953

$804,356

($1,483,310)

($1,527,957)

($2,207,753)

($561,728)

OTHER FINANCING SOURCES:
Grants/Donations/Contributions

19,350

-

-

-

Judgments, Settlements/Miscellaneous

2,901

2,057

2,000

2,456

0

-

-

2,145

Transfer In From General Fund

Permits Deposits for Professional Services

1,704,789

1,959,744

2,278,818

597,871

Subtotal Other Financing Sources

$1,727,040

$1,961,801

$2,280,818

$602,473

OTHER FINANCING USES:
Building, Vehicles, Equipment &Other 1-Time

243,730

433,845

73,065

40,745

$243,730

433,845

73,065

40,745

Total Revenues and Other Sources

$2,678,688

$2,990,063

$3,301,018

$845,101

Total Expenditures and other Uses

$2,678,688

$2,990,063

$3,301,018

$845,101

Beginning Fund Balance:

$0

$0

$0

$0

Ending Fund Balance:

$0

$0

$0

$0

Subtotal Other Financing Uses

Q1 2026 Financial Report - 110

149

Return to Agenda
2024
Annual
Actual

2025
Annual
Actual

2026
Adjusted
Budget

2026
YTD
Actual

FUND 103 LAKEWOOD TRANSPORTATION BENEFIT DISTRICT
REVENUES:
$20 Vehicle License Fee (Net of State Admin Fee)
Interest Earnings
Total Revenue

805,600

804,606

805,000

4,565

1,229

-

192,836
-

$810,165

$805,835

$805,000

$192,836

EXPENDITURES:
Transfer to Fund 201 Debt Service

-

374,099

696,188

-

999,924

-

-

-

Total Expenditures

$999,924

$374,099

$696,188

$0

Beginning Fund Balance:

$212,288

$22,529

$454,265

$454,265

Ending Fund Balance:

$22,529

$454,265

$563,077

$647,101

Transfer to Fund 302 Transportation Capital

2024
Annual
Actual

2025
Annual
Actual

2026
Adjusted
Budget

2026
YTD
Actual

FUND 104 HOTEL/MOTEL LODGING TAX
REVENUES:
Special Hotel/Motel Lodging Tax (5%)

$963,847

$938,354

$908,034

Transient Rental income Tax (2%)
Interest Earnings

389,426

372,078

363,216

84,042

162,928

139,944

80,000

32,798

$1,516,201

$1,450,376

$1,351,250

$326,944

Lodging Tax Programs

958,694

1,128,847

3,104,000

90,604

McGavick Center Capital Lease

101,850

101,850

101,850

-

Total Expenditures

$1,060,543

1,230,697

3,205,850

$90,604

Beginning Fund Balance:

$3,593,011

$4,048,668

$4,268,348

$4,268,348

Ending Fund Balance

$4,048,668

$4,268,348

$2,413,748

$4,504,689

Total Revenues

$210,105

EXPENDITURES:

Q1 2026 Financial Report - 111

150

Return to Agenda
2024
Annual
Actual

2025
Annual
Actual

2026
Adjusted
Budget

2026
YTD
Actual

FUND 105 PROPERTY ABATEMENT/RENTAL HOUSING SAFETY PROGRAM/1406 FUNDS
REVENUES:
Abatement Program:

1,174,858

210,983

Abatement Charges

1,084,316

184,619

85,625

-

Interest Earnings

55,542

26,364

30,000

3,868

Transfer In - Fund 001 General
Rental Housing Safety Program:
Transfer In - Fund 001 General
Rental Housing Safety Program Fees

115,625

3,868

35,000

-

-

-

341,219

443,456

273,000

111,395

50,000

-

-

-

291,219

443,456

273,000

111,395

104,033

104,753

98,000

2,208

103,484

103,593

98,000

1,908

549

1,160

-

300

$1,620,110

$759,192

$486,625

$117,470

Abatement

217,869

206,245

282,758

19,116

Abatement - Transfer Out - Fund 001 General Fund

640,000

-

-

-

Rental Housing Safety Program

231,620

229,587

545,996

62,799

1406 Affordable Housing Program
Total Expenditures

(28,284)
$1,061,206

(43,170)
$392,662

686,198
$1,514,952

170,194
$252,109

Beginning Fund Balance:

$102,892

$661,796

$1,028,326

$1,028,326

Ending Fund Balance:

$661,796

$1,028,326

$0

$893,688

Abatement Program

$162,396

$167,133

$0

$151,885

Rental Housing Safety Program

$59,127

$272,996

$0

$321,592

1406 Affordable Housing Program

$440,275

$588,198

($0)

$420,211

1406 Affordable Housing Program:
Sales Tax
Loan Interest
Total Revenues
EXPENDITURES:

2024
Annual
Actual

2025
Annual
Actual

2026
Adjusted
Budget

2026
YTD
Actual

FUND 106 PUBLIC ART
REVENUES:
Interest Earnings

1,762

1,193

-

360

Facility Rentals

16,500

9,000

15,000

10,500

Transfer In - Fund 001 General

22,000

-

17,552

17,552

$40,262

$10,193

$32,552

$28,412

Arts Commission Programs

1,068

1,166

2,000

-

Public Art

34,029

9,843

61,803

300

Total Expenditures

$35,097

$11,010

$63,803

$300

Beginning Fund Balance:

$26,902

$32,067

$31,251

$31,251

Ending Fund Balance:

$32,067

$31,251

$0

$59,363

Total Revenues
EXPENDITURES:

Q1 2026 Financial Report - 112

151

Return to Agenda
2024
Annual
Actual

2025
Annual
Actual

2026
Adjusted
Budget

2026
YTD
Actual

FUND 180 NARCOTICS SEIZURE
REVENUES:
Forfeitures

24,332

65,897

-

54,104

Law Enforcement Contracts/Grants

16,891

17,948

18,385

4,222

Interest Earnings

2,347

836

-

842

$43,569

$84,680

$18,385

$59,168

Investigations

76,875

56,829

47,800

32,959

Capital

41,359

-

-

-

Total Expenditures

$118,234

$56,829

$47,800

$32,959

Beginning Fund Balance:

$76,230

$1,565

$29,416

$29,416

Ending Fund Balance:

$1,565

$29,416

$0

$55,625

Total Revenues
EXPENDITURES:

2024
Annual
Actual

2025
Annual
Actual

2026
Adjusted
Budget

2026
YTD
Actual

FUND 181 FELONY SEIZURE
REVENUES:
Forfeitures/Misc/Interest
Total Revenues

781

10,484

-

4,479

$781

$10,484

$0

$4,479

9,084

10,832

431

124

EXPENDITURES:
Investigations/Predictive Policing

13,288

-

-

-

Total Expenditures

Capital Purchases

$22,372

$10,832

$431

$124

Beginning Fund Balance:

$22,371

$779

$431

$431

Ending Fund Balance:

$779

$431

$0

$4,786

2024
Annual
Actual

2026
Adjusted
Budget

2025
Annual
Actual

2026
YTD
Actual

FUND 182 FEDERAL SEIZURE
REVENUES:
Forfeitures
Interest Earnings
Total Revenues

11,243

24,835

-

-

303

287

-

10

$11,546

$25,121

$0

$10

EXPENDITURES:
Crime Prevention

892

26,663

1,230

-

12,554

-

-

-

$13,446

$26,663

$1,230

$0

Beginning Fund Balance:

$4,671

$2,771

$1,229

$1,229

Ending Fund Balance:

$2,771

$1,229

$0

$1,239

Capital
Total Expenditures

Q1 2026 Financial Report - 113

152

Return to Agenda
2024
Annual
Actual

2025
Annual
Actual

2026
Adjusted
Budget

2026
YTD
Actual

FUND 190 CDBG
REVENUES:
Grants 108 Loan Proceeds
Section

822,705-

Miscellaneous/Contributions
Total Revenues

1,009,955-

3,480,788-

95,630-

500

2,400

-

600

$823,205

$1,012,355

$3,480,788

$96,230

EXPENDITURES:
Grants
Total Expenditures

380,513

937,754

5,850,121

116,451

$380,513

$937,754

$5,850,121

$116,451

Beginning Fund Balance:

$1,852,040

$2,294,732

$2,369,333

$2,369,333

Ending Fund Balance:

$2,294,732

$2,369,333

$0

$2,349,112

2024
Annual
Actual

2025
Annual
Actual

2026
YTD
Actual

2026
Adjusted
Budget

FUND 191 NEIGHBORHOOD STABLILIZATION PROGRAM
REVENUES:
Abatement Charges

-

-

40,000

-

Abatement Interest

-

-

5,500

-

$0

$0

$45,500

$0

Grant-NSP 1

-

-

45,500

-

Grant-NSP 3

-

-

14,148

-

Total Expenditures

$0

$0

$59,648

$0

Beginning Fund Balance:

$14,148

$14,148

$14,148

$14,148

Ending Fund Balance:

$14,148

$14,148

$0

$14,148

Total Revenues
EXPENDITURES:

2024
Annual
Actual

2025
Annual
Actual

2026
Adjusted
Budget

2026
YTD
Actual

FUND 192 SSMCP (SOUTH SOUND MILITARY COMMUNITIES PARTNERSHIP)
REVENUES:
Grants

256,566

502

1,162,070

-

Partner Participation

281,050

274,650

277,550

126,000

Misc/Other

130,999

98,250

-

-

Transfer In From Fund 001 General

75,000

88,749

75,000

75,000

$743,616

$462,151

$1,514,620

$201,000

SSMCP Capital & 1-Time

591,873

280,008

1,643,047

68,935

Transfer to Fund 501 Tactical Tailor Insurance

32,436

7,333

917

-

624,309

287,341

$1,643,964

$68,935

Total Revenues
EXPENDITURES:

Total Expenditures
Beginning Fund Balance:

($164,772)

($45,465)

$129,345

$129,345

Ending Fund Balance:

($45,465)

$129,345

$0

$261,410

Note: The negative ending fund balance is due to accounting of the General Fund interfund loan as a liability in this fund.

Q1 2026 Financial Report - 114

153

Return to Agenda
2024
Annual
Actual

2025
Annual
Actual

2026
Adjusted
Budget

2026
YTD
Actual

FUND 195 PUBLIC SAFETY GRANTS
REVENUES:
Grants

681,596

412,410

508,876

34,136

Total Revenues

$681,596

$412,410

$508,876

$34,136

EXPENDITURES:
Grants

681,596

412,410

508,876

34,136

$681,596

$412,410

$508,876

$34,136

Beginning Fund Balance:

$0

$0

$0

$0

Ending Fund Balance:

$0

$0

$0

$0

Total Expenditures

2024
Annual
Actual

2026
Adjusted
Budget

2025
Annual
Actual

2026
YTD
Actual

FUND 196 ARPA (AMERICAN RESCUE PLAN ACT) GRANT
REVENUES:
Grants

6,149,028

(266,911)

1,079,887

76,957

Interest

347,654

82,596

-

9,135

-

871,949

-

-

6,496,681

$687,634

$1,079,887

$86,092

Transfer In - General Fund
Total Revenues
EXPENDITURES:
Grants

6,149,028

2,217,671

1,198,581

76,957

$6,149,028

$2,217,671

$1,198,581

$76,957

Beginning Fund Balance:

$1,301,077

$1,648,731

$118,694

$118,694

Ending Fund Balance:

$1,648,731

$118,694

$0

$127,829

2024
Annual
Actual

2025
Annual
Actual

Total Expenditures

2026
Adjusted
Budget

2026
YTD
Actual

FUND 201 GENERAL OBLIGATION BOND DEBT SERVICE
REVENUES:
Transfer-In From General Fund
Transfer-In REET Fund

442,756

370,919

366,294

-

1,239,998

1,239,997

1,240,000

-

-

374,099

696,188

-

Transfer-In TBD Fund ($20 VLF)
Bond Proceeds

-

-

2,790,690

2,790,690

$1,682,754

$1,985,015

$5,093,172

$2,790,690

Principal & Interest - 59th Avenue

77,000

-

-

-

Total Revenues
EXPENDITURES:
Principal & Interest - Police Station - 2009/2016

210,981

213,144

209,394

Principal & Interest - LOCAL LED Streetlight

154,775

157,775

156,900

-

Principal & Interest - Transp CIP - LTGO 2019

540,150

539,400

537,900

-

Principal & Interest - Transp CIP - LTGO 2020

235,697

235,700

235,700

-

Principal & Interest - Transp CIP - LTGO 2021

464,151

464,897

466,400

-

-

374,099

3,486,878

2,790,690

$1,682,754

1,985,015

$5,093,172

$2,790,690

Beginning Fund Balance:

$0

$0

$0

$0

Ending Fund Balance:

$0

$0

$0

$0

Principal & Interest - TBD $20 VLF Bonds
Total Expenditures

Q1 2026 Financial Report - 115

154

Return to Agenda
2024
Annual
Actual

2025
Annual
Actual

2026
Adjusted
Budget

2026
YTD
Actual

FUND 202 LOCAL IMPROVEMENT DISTRICT (LID) DEBT SERVICE
REVENUES:
Interest

13,221

5,104

-

416

Assessments

217,392

142,956

91,294

-

Total Revenues

$230,613

$148,060

$91,294

$416

EXPENDITURES:
LID 1101/1103

283

-

-

-

LID 1108

208

271

-

-

LID 1109

91,770

162,531

167,555

85,159

Transfer Out - Fund 001 General Fund

332,169

55,764

3,704

-

Total Expenditures

$424,430

$218,566

$171,259

$85,159

Beginning Fund Balance:

$344,289

$150,473

$79,967

$79,967

Ending Fund Balance:

$150,473

$79,967

($0)

($4,776)

2024
Annual
Actual

2025
Annual
Actual

2026
Adjusted
Budget

2026
YTD
Actual

FUND 204 SEWER PROJECT DEBT SERVICE
REVENUES:
Sewer Charges (4.75% Sewer Surcharge)

929,777

1,028,449

986,200

253,642

Interest Earnings/Other

67,471

36,647

20,000

10,987

-

5,250

948

-

$997,248

$1,070,346

$1,007,148

$264,629

Sanitary Side Sewer Connection Home Loan Repayment
Total Revenues
EXPENDITURES:
Principal & Interest

472,681

440,498

438,327

-

1,390,658

50,000

60,100

60,100

Total Expenditures

$1,863,339

$490,498

$498,427

$60,100

Beginning Fund Balance:

$1,551,695

$685,604

$1,265,452

$1,265,452

Ending Fund Balance:

$685,604

$1,265,452

$1,774,173

$1,469,981

2025
Annual
Actual

2026
Adjusted
Budget

2026
YTD
Actual

Transfer To Fund 311 Sewer Capital

2024
Annual
Actual

FUND 251 LOCAL IMPROVEMENT DISTRICT (LID) GUARANTY DEBT SERVICE
REVENUES:
Interest Earnings
Total Revenues

6,230

3,589

-

764

$6,230

$3,589

$0

$764

EXPENDITURES:
Transfer Out - Fund 001 General

53,000

-

-

-

Total Expenditures

$53,000

$0

$0

$0

Beginning Fund Balance:

$141,341

$94,571

$98,161

$98,161

Ending Fund Balance:

$94,571

$98,161

$98,161

$98,925

Q1 2026 Financial Report - 116

155

Return to Agenda
2024
Annual
Actual

2025
Annual
Actual

2026
Adjusted
Budget

2026
YTD
Actual

2,342,717

4,272,500

6,879,623

FUND 301 PARKS CAPITAL
REVENUES:
Grants
Motor Vehicle Excise Tax for Paths & Trails

19,325

4,471

4,422

4,353

1,032

Interest Earnings

162,472

124,447

-

13,459

Contributions/Donations/Utility & Developers

36,466

449,000

-

-

-

2,000,000

-

372,525

427,277

257,277
135,000

GO Bonds/Tax Increment Financing
Transfer In From Fund 001 General

1,415,000

Transfer In From Fund 102 REET

470,788

393,476

135,000

Transfer In From Fund 401 Surface Water Mgmt

150,000

118,038

70,000

-

$4,581,914

$5,734,407

$9,516,253

$426,094

Total Revenues
EXPENDITURES:

5,244,996

8,945,360

11,187,950

160,534

Total Expenditures

Capital

$5,244,996

$8,945,360

$11,187,950

$160,534

Beginning Fund Balance:

$5,660,925

$4,997,843

$1,786,890

$1,786,890

Ending Fund Balance:

$4,997,843

$1,786,890

$115,193

$2,052,450

2024
Annual
Actual

2025
Annual
Actual

2026
Adjusted
Budget

2026
YTD
Actual

FUND 302 TRANSPORATION CAPITAL PROJECT
REVENUES:
Motor Vehicle Excise Tax

304,509

300,889

296,226

70,255

State Transportation Package - Multi-Modal Distribution

82,240

81,591

81,900

20,231

State Transportation Package - Increased Gas Tax (MVET)

71,681

71,393

71,600

17,703

Traffic Mitigation Fees

39,046

101,162

-

34,784

Pavement Degradation Fees

33,639

64,876

-

12,229

Grants/Congressional Direct Spending

3,349,056

11,294,635

15,273,248

2,422,960

Contributions from Utilities/Developers/Partners

1,579,791

2,095,816

231,305

38,406

Proceeds from Sale of Asset/Street Vacation

120,000

-

79,384

79,384

Interest/Other

346,055

198,065

-

32,774
6,600,000

GO Bond Proceeds

3,000,000

-

6,600,000

Transfer In - Fund 001 General

309,812

200,000

51,018

51,018

Transfer In - Fund 102/303 REET

870,407

741,124

717,000

120,500

Transfer In - Fund 103 TBD

999,924

-

-

-

Transfer In - Fund 401 SWM

834,326

2,056,572

1,587,208

92,790

$11,940,487

$17,206,123

$24,988,889

$9,593,034

Capital Projects

14,619,527

18,752,047

28,642,645

4,700,423

Debt Issue Cost

32,500

-

79,384

23,150

-

577,000

$14,652,027

$19,329,047

$28,722,029

$4,723,573

Total Revenues
EXPENDITURES:

Transfer Out - Fund 001 General Fund
Total Expenditures
Beginning Fund Balance:

$8,693,911

$5,982,371

$3,859,447

$3,859,447

Ending Fund Balance:

$5,982,371

$3,859,447

$126,307

$8,728,908

Q1 2026 Financial Report - 117

156

Return to Agenda
2024
Annual
Actual

2025
Annual
Actual

2026
Adjusted
Budget

2026
YTD
Actual

2,289,031

2,372,811

2,400,000

12,735

2,522

-

290

2,301,765

2,375,333

2,400,000

455,300

1,239,998

1,239,997

1,240,000

-

FUND 303 REAL ESTATE EXCISE TAX
REVENUES:
Real Estate Excise Tax
Interest Earnings
Total Revenue
EXPENDITURES:
Transfer Out - Fund 201 GO Bond Debt Service

455,011

Transfer Out - Fund 301 Parks CIP

470,788

393,476

135,000

135,000

Transfer Out - Fund 302 Transportation CIP

870,407

741,124

725,000

120,500

$2,581,193

$2,374,597

$2,100,000

$255,500

Total Expenditures
Beginning Fund Balance:

$279,427

$0

$736

$736

$0

$736

$300,736

$200,536

Ending Fund Balance:

2024
Annual
Actual

2025
Annual
Actual

2026
Adjusted
Budget

2026
YTD
Actual

FUND 311 SEWER CAPITAL PROJECT
REVENUES:
Grants

172,049

Sewer Availability Charge
Interest Earnings
Proceeds from Lien
Transfer In Fund 204 Sewer Debt (Sewer Surcharge 4.75%)
Transfer In Fund 312 Sanitary Sewer Connection Capital
Total Revenues

542,786

1,590,164

18,311

261,161

268,155

265,600

70,185

104,513

117,861

-

23,625

1,408

1,291

-

256

467,178

50,000

60,100

60,100

923,480

-

-

-

$1,929,789

$980,093

$1,915,864

$172,477

EXPENDITURES:
Capital/Administration
Total Expenditures

289,051

1,778,041

4,702,349

22,339

$289,051

1,778,041

4,702,349

22,339

Beginning Fund Balance:

$2,176,298

$3,817,036

$3,019,088

$3,019,088

Ending Fund Balance:

$3,817,036

$3,019,088

$232,603

$3,169,226

Q1 2026 Financial Report - 118

157

Return to Agenda
2024
Annual
Actual

2025
Annual
Actual

5,401,298

5,397,979

2026
Adjusted
Budget

2026
YTD
Actual

FUND 401 SURFACE WATER MANAGEMENT
REVENUES:
Storm Drainage Fees

5,366,000

579,530

Site Development Permit Fee

116,355

47,720

50,000

-

Interest Earnings & Misc

524,312

477,770

275,000

101,984

Subtotal Operating Revenues

$6,041,965

$5,923,469

$5,691,000

$681,514

1,667,070

1,731,251

2,650,175

451,513

Operations & Maintenance

523,875

1,014,878

1,314,339

147,577

Revenue Bonds - Debt Service

500,995

500,998

500,997

-

Transfer to Fund 001 General Admin Support

284,700

284,700

284,700

71,175

Subtotal Operating Expenditures

$2,976,641

$3,531,827

$4,750,212

$670,264

OPERATING INCOME (LOSS)

$3,065,324

$2,391,643

$940,788

$11,249

176,599

107,064

261,964

4,419

EXPENDITURES:
Engineering Services

OTHER FINANCING SOURCES:
Grants/Contributions/Settlements/Misc
American Lake Management District
Subtotal Other Financing Sources

44,827

107,829

34,294

4,827

$221,425

$214,893

$296,258

$9,246

233,712

191,336

1,133,875

12,866
976

OTHER FINANCING USES:
Capital/1-Time
American Lake Management District

63,179

85,914

60,725

Transfer to Fund 301 Parks CIP

150,000

118,038

70,000

-

Transfer to Fund 302 Transportation Capital

834,326

2,056,572

1,430,978

92,790

$1,281,217

$2,451,861

$2,695,578

$106,633

Subtotal Other Financing Uses
Total Revenues and Other Sources

$6,263,390

$6,138,362

$5,987,258

$690,759

Total Expenditures and other Uses

$4,257,857

$5,983,687

$7,445,789

$776,897

Beginning Fund Balance:

$11,219,619

$13,225,152

$13,299,827

$13,379,827

Ending Fund Balance:

$13,225,152

$13,379,827

$11,841,296

$13,293,690

Q1 2026 Financial Report - 119

158

Return to Agenda
2024
Annual
Actual

2025
Annual
Actual

2026
Adjusted
Budget

2026
YTD
Actual

FUND 501 FLEET & EQUIPMENT
OPERATING REVENUES:
M&O Revenue

574,514

585,784

Proceeds From Sale of Assets

51,458

81,288

-

-

Lease Revenue

30,000

30,000

30,000

7,500

Interest Earnings
Total Revenues

977,785

175,741

226,797

160,500

20,000

37,453

$882,768

$857,573

$1,027,785

$220,694
105,606

OPERATING EXPENDITURES:
Fuel/Gasoline

405,848

463,811

467,730

Other Supplies

13,778

15,001

14,975

3,031

Repairs & Maintenance

462,892

376,890

545,080

109,796

Other Services & Charges

251

1,870

-

2,057

$882,768

$857,573

$1,027,785

$220,490

$0

$0

$0

$204

-

1,087,312

1,130,388

282,597

Capital Contribution

532,753

26,964

-

-

Transfer In From Fund 504 Risk Management

109,201

81,259

-

-

$641,954

$1,195,535

$1,130,388

$282,597

Total Expenditures
Operating Revenue Over/(Under) Expenditures
OTHER FINANCING SOURCES:
Replacement Reserves Collections

Total Other Financing Sources
OTHER FINANCING USES:

1,589,005

863,364

-

-

Total Other Financing Uses

Fleet & Equipment New & Replacement

$1,589,005

$863,364

$0

$0

Total Revenues

$1,524,722

$2,053,108

$2,158,173

$503,291

Total Expenditures

$2,471,773

$1,720,937

$1,027,785

$220,490

Beginning Fund Balance:

$5,420,721

$4,473,670

$4,805,841

$4,805,841

Ending Fund Balance:

$4,473,670

$4,805,841

$5,936,229

$5,088,642

Q1 2026 Financial Report - 120

159

Return to Agenda
2024
Annual
Actual

2025
Annual
Actual

2026
Adjusted
Budget

2026
YTD
Actual

FUND 502 PROPERTY MANAGEMENT
OPERATING REVENUES:
M&O Revenue

848,348

$816,961

$883,210

Interest Earnings

30,390

17,953

-

Total Operating Revenues

$

878,738

$

834,914

$

883,210

$174,462
625
$

175,086

OPERATING EXPENDITURES:
City Hall Facility

491,980

469,186

471,650

73,962

Police Station

321,287

337,744

352,221

86,491

Sounder Transit Station

65,471

27,985

59,339

14,633

Total Operating Expenditures

$

878,738

$

834,914

$

883,210

$

175,086

Operating Revenue Over/(Under) Expenditures

$

-

$

-

$

-

$

-

OTHER FINANCING SOURCES:
2025 Energy Grant
Annual Replacement Reserve Collections / Other 1-Time
Total Other Financing Sources

$

-

44,583

-

839,645

245,920

1,063,040

69,769

1,063,040 $

69,769

1,163,040

81,652

1,163,040 $

81,652

839,645

$

290,503

$

OTHER FINANCING USES:
Capital/1-Time/6-Year Property Management Plan
Total Other Financing Uses

1,130,112

639,708

$

1,130,112

$

639,708

$

Total Revenues

$

1,718,383

$

1,125,417

$

1,946,250

$

244,855

Total Expenditures

$

2,008,850

$

1,474,622

$

2,046,250

$

256,739

Beginning Fund Balance:

$739,672

$449,206

$100,000

$100,000

Ending Fund Balance:

$449,206

$100,000

$0

$88,117

Q1 2026 Financial Report - 121

160

Return to Agenda
2024
Annual
Actual

2025
Annual
Actual

2026
Adjusted
Budget

1,822,538

2,191,306

2026
YTD
Actual

FUND 503 INFORMATION TECHNOLOGY
REVENUES:
M&O Revenue
Misc/Interest/Other

28,323

Total Operating Revenues

$

1,850,860

3,219,607

5,374
$

2,196,679

756,439

$

3,219,607

120
$

756,558

EXPENDITURES:
Personnel

797,884

662,785

701,912

187,194

Supplies

98,980

65,512

276,020

9,901

Services & Charges
Total Operating Expenditures
Operating Revenue Over/(Under) Expenditures

953,996

1,468,381

2,241,676

559,463

$1,850,860

$2,196,679

$3,219,607

756,558

($0)

($0)

$0

$0

OTHER FINANCING SOURCES:
Replacement Reserve Collection

281,429

-

-

-

Capital Contrib & Other 1-Time /6-Year Strategic Plan

434,668

619,634

1,948,058

43,202

GASB 96 SBITA
Total Other Financing Sources

592,092

712,540

-

-

$1,308,189

1,332,174

$1,948,058

$43,202
43,202

OTHER FINANCING USES:
One-Time/Capital

699,293

619,635

1,948,058

Transfer Out - Fund 001 General Fund

355,786

-

-

-

GASB 96 SBITA

592,052

712,540

-

-

Total Other Financing Uses

$1,647,131

1,332,174

$1,948,058

$43,202

Total Revenues

$3,159,049

3,528,854

$5,167,665

$799,760

Total Expenditures

$3,497,991

$3,528,854

$5,167,665

$799,760

$338,942

$0

$0

$0

$0

$0

$0

($1)

Beginning Fund Balance:
Ending Fund Balance:

Q1 2026 Financial Report - 122

$

161

Return to Agenda
2024
Annual
Actual

2025
Annual
Actual

2026
Adjusted
Budget

2,856,006

3,371,074

2026
YTD
Actual

FUND 504 RISK MANAGEMENT
REVENUES:
M&O Revenue
Insurance Proceeds/3rd Party Recoveries
Total Revenues

3,870,683

3,731,210

358,193

455,549

400,000

13,476

$3,214,199

$3,826,623

$4,270,683

$3,744,686

EXPENDITURES:
Safety Program

5,863

4,766

5,850

2,102

AWC Retro Program

64,824

74,643

66,990

89,928

WCIA Assessment

2,883,449

3,272,854

3,613,943

3,613,943

350,887

400,181

583,900

38,714

$3,305,023

$3,752,444

$4,270,683

$3,744,686

Claims/Judgments & Settlements
Total Expenditures
OTHER FINANCING SOURCES:
Capital Contribution/1-Time M&O

167,745

-

-

-

Transfer from Fund 192 SSMCP Tactical Tailor Reimbursement

32,436

7,333

-

-

$200,181

7,333

$0

$0
-

Total Other Financing Sources
OTHER FINANCING USES:
One-Time/Capital

156

254

-

109,201

81,259

-

-

$109,357

$81,512

$0

$0

Total Revenues

$3,414,380

$3,833,956

$4,270,683

$3,744,686

Total Expenditures

$3,414,380

$3,833,956

$4,270,683

$3,744,686

Beginning Fund Balance:

$0

$0

$0

$0

Ending Fund Balance:

$0

$0

$0

$0

Transfer To Fund 501 Fleet & Equipment
Total Other Financing Uses

2024
Annual
Actual

2025
Annual
Actual

2026
Adjusted
Budget

2026
YTD
Actual

2,587,959

1,615,024

-

9,559

9,394

-

-

160,478

160,892

-

18,625

$2,757,996

$1,785,310

$0

$266,896

2,576,451

1,598,435

-

242,251

8,912

8,054

-

160,478

160,892

18,625

FUND 631 CUSTODIAL FUNDS
REVENUES:
Municipal Court
Parks
Sales & Use Tax
Total Revenues

248,271

EXPENDITURES:
Municipal Court
Parks
Sales & Use Tax
Custodial Activities

11,508

16,638

-

3,919

$2,757,349

$1,784,019

$0

$264,794

Beginning Fund Balance:

$38,047

$38,694

$0

$39,985

Ending Fund Balance:

$38,694

$39,985

$0

$42,087

Total Expenditures

Q1 2026 Financial Report - 123

162

Return to Agenda

Permit Type Description
Commercial
Commercial Demolition Permit
Commercial Gate
Commercial Mechanical
New Commercial Building
New Commercial Bldg - Multi-Family
Commercial Plumbing
Commercial Remodel
Commercial Re-roof
Commercial Window Replacement
Residential
Residential Accessory Structure
Residential Addition
Residential Accessory Dwelling Unit
Residential Demolition Permit
Residential Mechanical
New Single Family Residence
Residential Plumbing
Residential Re-roof
Residential Remodel/Repair
Solar - Residential Prescriptive OTC
Residential Window Replacement
Manufactured Home
Manufactured Home - MH Park
Monument Sign
Other
Change of Use
Wall Sign
Adult Family Home

# of
Permits
161
2
1
27
4
1
44
78
3
1
296
3
11
1
4
113
20
51
26
48
11
8
12
1
11
27
9
7
11
496

2025 Total YTD Mar
Permit Fees
Valuation
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

259,672
679
832
33,092
19,215
21,984
31,747
148,508
3,333
282
327,183
5,494
27,188
4,414
1,275
48,473
122,749
16,832
12,678
72,073
12,472
3,533
7,603
241
7,362
8,160
2,837
2,448
2,875
602,617

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

13,578,576
592,525
16,760
1,011,012
1,110,000
2,300,000
984,368
7,463,346
99,521
1,045
14,021,542
243,700
1,327,497
238,922
316,600
735,023
7,215,929
282,326
496,237
2,748,805
350,345
66,159
210,900
210,900
40,377
2,737
37,640
27,851,395

# of
Permits
119
3
1
22
8
1
31
42
11
288
10
3
125
8
40
31
65
5
1
29
17
8
4
436

2026 Total YTD Mar
Permit Fees
Valuation
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

213,101 $
1,543 $
664 $
19,029 $
40,453 $
5,518 $
13,592 $
120,687 $
11,615 $
- $
267,723 $
51,991 $
- $
- $
1,082 $
26,588 $
54,745 $
9,018 $
11,287 $
105,187 $
7,316 $
510 $
- $
- $
- $
51,581 $
46,000 $
4,377 $
1,203 $
532,405 $

16,619,463
209,804
10,000
1,815,826
8,561,065
2,306,925
391,839
2,982,131
341,873
16,048,717
562,376
12,000
1,343,681
4,454,945
469,194
645,630
8,392,427
159,249
9,215
97,300
97,300
32,765,480

2026 Change over 2025
Increase/(Decrease)
# of
Permits
(42) -26% $
1
50% $
0
0% $
(5) -19% $
4
100% $
0
0% $
(13) -30% $
(36) -46% $
8
267% $
(1) -100% $
(8)
-3% $
7
233% $
(11) -100% $
(1) -100% $
(1) -25% $
12
11% $
(12) -60% $
(11) -22% $
5
19% $
17
35% $
(6) -55% $
(7) -88% $
(12) -100% $
(1) -100% $
(11) -100% $
2
7% $
8
89% $
1
14% $
(7) -64% $
(60) -12% $

Permit Fees
(46,570) -18% $
864
127% $
(168) -20% $
(14,063) -42% $
21,238
111% $
(16,466) -75% $
(18,155) -57% $
(27,821) -19% $
8,282
248% $
(282) -100% $
(59,459) -18% $
46,496
846% $
(27,188) -100% $
(4,414) -100% $
(193) -15% $
(21,886) -45% $
(68,005) -55% $
(7,814) -46% $
(1,391) -11% $
33,114
46% $
(5,156) -41% $
(3,023) -86% $
(7,603) -100% $
(241) -100% $
(7,362) -100% $
43,420
532% $
43,163 1521% $
1,929
79% $
(1,672) -58% $
(70,212) -12% $

Valuation
3,040,887
(382,721)
(6,760)
804,814
7,451,065
6,925
(592,529)
(4,481,214)
242,352
(1,045)
2,027,175
318,676
(1,327,497)
(238,922)
(304,600)
608,658
(2,760,984)
186,869
149,393
5,643,622
(191,096)
(56,944)
(210,900)
(210,900)
56,923
(2,737)
59,660
4,914,085

Note:
- Reports generated in the permits module are based either on application date range or issued date range and are meant to show activity.
- At application a portion of the fees are collected with the balance being collected at issuance which could fall in two different reporting periods.
- The report is not intended to be a revenue report, rather it is intended to show the number and types of permits and information on what those permits generated overall in permit fees and valuation.
- The Building Permit Report only reflects the building division and does not include planning and public works.
- The revenue reported on this spreadsheet is based on issued permits and will never match the financial revenue report as it does not include monies collected on permits that have not yet been issued.

Q1 2026 Financial Report - 124

163

22%
-65%
-40%
80%
671%
0%
-60%
-60%
244%
-100%
14%
131%
-100%
-100%
-96%
83%
-38%
66%
30%
205%
-55%
-86%
-100%
n/a
-100%
141%
-100%
159%
n/a
18%

Return to Agenda

Building Permit Activity
Year-to-date March

Valuation

$18,000,000

$14,000,000

$12,000,000

2025 Permit Fees
$327,183

2026 Valuation
$16,619,463

$16,000,000
2025 Valuation
$13,578,576

2025 Valuation
$14,021,542

2025 Permit Fees
$259,672

Permit Fee

$350,000

2026 Valuation
$16,048,717

$300,000

2026 Permit Fees
$267,723

$250,000

2026 Permit Fees
$213,101

$10,000,000

$200,000

$8,000,000

$150,000

$6,000,000
$100,000
$4,000,000

2026 Permit Fees
$51,581

$2,000,000
2025 Valuation
$251,277

$Commercial

Chart Data
Annual Totals
Commercial
Residential
Manufactured & Other
Total

2025 Valuation

2025 # Permits
161
296
39
496

2026 Valuation

2026 # Permits
119
288
29
436

$
$
$
$

Residential
2025 Permit Fees

2025 Permit Fees
259,672
327,183
15,763
602,617

$
$
$
$

2026 Permit Fees

2026 Permit Fees
213,101
267,723
51,581
532,405

Q1 2026 Financial Report - 125

2025 Permit Fees
$15,763

$
$
$
$

$50,000

2026 Valuation
$97,300
$0

Manufactured & Other

2025 Valuation
13,578,576
14,021,542
251,277
27,851,395

$
$
$
$

2026 Valuation
16,619,463
16,048,717
97,300
32,765,480

164

Return to Agenda

MyLakewood311 # of Requests by Type
YTD March 2026

Type
Abandon/Vacant Property
Abandoned Vehicles
Animal-Related Calls
Compliments
Drug Activity/House
Flooding
Garbage-Related Calls
General Questions
Graffiti/Vandalism
Hazardous Materials
Hazardous Weather/Road Conditions
Homeless Concerns
Illegal Auto Activity
Illegal Dumping
Nuisance property
Other Police Requests

Jan
4
11
5
1
1
20
51
3
2
1
1
12
4
14
5
7

Feb
1
11
8
3
2
9
42
5
1
1
7
1
8
3
4

Mar
2
13
5
1
1
22
69
5
5
2
2
9
1
17
9
5

Parking Commercial Vehicle Private Property

2
3
30
27
1
9
3
4
6
3
3
3
236

1
1
2
26
18
3
4
1
3
2
5
2
1
175

4
34
24
3
3
5
2
2
3
248

Patrol Response
Play Equipment
Pothole
Restroom
Signs
Speed Complaint
Street Light
Street Sweeper Requests
Traffic
Traffic Signal
Unpermitted/Prohibited Signs
Unsafe Power Lines
Vegetation-Related calls
Total

Apr

May

-

Jun

-

Q1 2026 Financial Report - 126

Jul

-

Aug

-

-

Sep

Oct

-

Nov

-

-

Dec

YTD March
2026
7
35
18
5
4
51
162
13
8
4
3
28
6
39
17
16

-

165

7
1
5
90
69
7
16
9
9
10
8
5
7
659

Return to Agenda

Year-To-Date Calls for Service 2024-2026
180
160
140
120
100
80
60
40
20
-

2024 YTD March

2025 YTD March

2026 YTD March

Q1 2026 Financial Report - 127

166

2026 YTD

Performance Measures

# of City Council retreats
# of City Council sponsored/supported events

Previous Year Ends

Target

Q1

2025

2024

2023

2022

2021

2020

2019

1 time this year
20 per year

0
10

2
55

1
51

1
38

3
25

2
21

1
5

1
33

MLK Beloved Community Event
Steilacoom Kiwanis Event
Washington-Tacoma Korean Association Korea Day
Black History Month Celebration
Caring for Kids Happy Hearts Event
Asia Pacific Cultural Center New Year Celebration
Beloved Community Artist Reception
Clover Park Rotary Invitational
Lakewood Multicultural Coalition Gala
Spring Community Clean Up

Q1 2026 Financial Report - 128

167

Return to Agenda

City Council

2026 YTD

Performance Measures

Target

Q1

Average # of items on study session agenda

6

# of presentations of the State of the City

10

4

2025
4

2024
4

4

6

3

2026 YTD

Information Measures
Facebook
Audience Growth Rate %: City
Total impressions: City
Total engagement: City
Total Video views: City
Audience Growth Rate %: LPD
Total impressions: LPD
Total engagement: LPD
Total Video views: LPD

Historic
Average

Previous Year Ends
2023
2022
4
4
10

5

2021
5

2020
5

2019
4

6

6

11

2021

2020

2019

Previous Year Ends

Q1

2025

2024

2023

2022

tbd
tbd
tbd
tbd
tbd
tbd
tbd
tbd

23%
718,448
31,028
1,826
6.4%
842,531
51,413
783

6%
1,756,731
72,091
69,674
2%
771,299
57,670
1,603

2.65
5,130,634
113,139
515,119
2
1,746,151
223,076
37,516

2.4 N/A
1,830,263 N/A
123,057 N/A
1,966,655 N/A
1 N/A
1,401,881 N/A
65,250 N/A
53,889 N/A

N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A

N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A

N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A

tbd
tbd
tbd
tbd
tbd
tbd

22%
79,459
1,592
63.00%
26,181
336

5%
148,106
2,903
7%
74,981
732

3
399,628
16,761
10
88,128
4,849

4 N/A
417,884 N/A
20,340 N/A
24 N/A
68,904 N/A
3,924 N/A

N/A
N/A
N/A
N/A
N/A
N/A

N/A
N/A
N/A
N/A
N/A
N/A

N/A
N/A
N/A
N/A
N/A
N/A

tbd
tbd
tbd

0
2,310
93

-7
7,333
417

-1
128,164
8,930

1 N/A
435,330 N/A
29,172 N/A

N/A
N/A
N/A

N/A
N/A
N/A

N/A
N/A
N/A

tbd

5,000

3,543

395,484

726,700 N/A

N/A

N/A

N/A

Instagram
Audience Growth Rate %: City
Total impressions: City
Total engagement:City
Audience Growth Rate %: LPD
Total impressions: LPD
Total engagement: LPD

X*
Audience Growth Rate %: LPD
Total impressions: LPD
Total engagement:LPD

YouTube
Total Video views: City Channel

Q1 2026 Financial Report - 129

168

Return to Agenda

City Manager

Return to Agenda

Executive Leadership Team
2026 YTD
Performance Measures
Percentage of performance evaluations due during quarter completed

Target
100%

Informational Measures
Percentage of employees in compliance with quarterly mandatory training
Percentage of performance evaluations due during quarter completed
Worker's Compensation Experience Factor (not cumulative)
Percentage of new hires from underutilized EEO category

Historic
Average
91%
40%
<1.0
25%

Q1
40%

Previous Year Ends
2025
71%

2024
41%

2023
22%

2026 YTD
Q1
84%
40%
1.2744
31%

2022
48%

2021

2020

2019

31%

38%

44%

2021
81%
31%
0.89
N/A

2020
91%
38%
1.01
N/A

2019
89%
44%
1.02
N/A

Previous Year Ends
2025
64%
71%
1.3295
54%

Q1 2026 Financial Report - 130

2024
96%
41%
1.0636
27%

2023
95%
22%
0.9151
32%

2022
97%
48%
0.90
25%

169

Return to Agenda

Finance
Target

2026 YTD
Q1

2025

2024

Previous Year Ends
2023
2022
2021

2020

2019

% of accounts receivable aged balances over 60 days versus annual billing

5%

19.09%

0.49%

0.58%

0.70%

1.47%

0.17%

0.07%

1.54%

GFOA Award Received for the Annual Comprehensive Financial Report (ACFR) (20132024)(1)

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

GFOA Award Received for the Popular Annual Financial Report
(PAFR) (2013-2024)

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Pending

No

Yes

No

Yes

Yes

Yes

Yes

AA

AA

AA

AA

AA

AA

AA

AA

AA

2020
7,160
89.18%

2019
8,350
89.83%

Performance Measures

GFOA Award Received for 2025 & 2026 Biennium's Budget Document
Clean Audit for Prior Fiscal Year

(2)

Bond Rating Per Standard & Poor's(3)

(1)

2026 YTD
Previous Year Ends
Historic
Informational Measures
Average
2025
2024
2023
2022
2021
Q1
# of invoices paid annually
7577
1,835
8,178
8,211
7,986
7,453
7,221
(4)
90.1%
88.6%
88.7%
89%
89.25%
% of invoices paid within 30 days of invoice date
95%
88.9%
(1)Received Triple Crown Medallion Award which signifies government has received all three GFOA awards (the Certificate of Achievement for Excellence in Financial
Reporting Award (FY 2023), the Distinguished Budget Presentation Award (2025/2026 Budget), and the Popular annual Financial Report (FY 2023).
(2) https://sao.wa.gov/reports-data/audit-reports
(3) Bond rating upgraded June 2018 and reaffirmed by S&P March 2026.
(4) Requires coordination with departments to ensure Accounts Payable receives invoices timely.

Q1 2026 Financial Report - 131

170

Performance Measures
Overall Phish-Phone Percentage (Cyber Phishing)

Target
29%

2026 YTD
Q1

2025
8%

2024
8%

2023
N/A

2026 YTD

Previous Year Ends
2022
2021
5%
7%

2020
19%

2019
N/A

Previous Year Ends

Historic
Average

Q1

2025

2024

2023

2022

2021

2020

2019

# of users served

248

266

240

240

250

250

259

223

259

# of personal computers maintained

466

318

380

380

450

500

492

444

428

# of applications maintained

140

140

135

135

143

140

140

139

139

# of servers maintained (LAN/WAN)

83

46

45

45

49

85

81

82

83

# of Cell Phones maintained

222

246

250

250

230

250

205

205

229

# of Shoretel phones operated and maintained

290

290

290

290

290

290

290

290

290

% of IT system up-time during normal business hours

97%

99%

99%

99%

100%

90%

100%

100%

99%

% of communications up-time during normal business hours
Number of help desk requests received (YTD)

98%

99%

99%

99%

100%

90%

100%

100%

100%

1612

743

2060

2060

2315

1,498

1,601

1,466

1,885

1570

729

1950

1950

2286

1,732

1,478

1,311

1,759

Informational Measures

Help desk requests resolved: Total requests resolved (YTD)

Q1 2026 Financial Report - 132

171

Return to Agenda

Information Technology

2026 YTD

Previous Years

Historic
Average

Q1

2025

2024

2023

2022

2021

2020

2019

Number of current (unexpired) Collective Bargaining Agreements as of EOQ (not cumulative)
Voluntary Employee Turnover Rate
Number of recruitments in progress (not cumulative)
Percentage of employees hired during the quarter last year and still employed

3
<12%
N/A
86%

3
4.00%
5
0%

4
5.70%
11
65%

4
5.00%
9
84%

3
1.80%
19
80%

2
12.33%
23
90%

3
7.79%
31
88%

4
8.17%
10
77.5%

3
7.97%
40
93%

Average number of days to complete external recruitment (excluding Police Officers)(not cumulative)

<45

87

132

49.38

38.5

44

41.25

58.00

36

Percentage of Applicants who are People of Color

45%

50%

47%

45%

45%

45%

N/A

N/A

N/A

Percentage of new hires from underutilized EEO category

29%

31%

54%

27%

32%

25%

N/A

N/A

N/A

91%
26%
164%
0.95

84%
33.00%
51.0%
1.2744

64%
0%
50%
1.3295

96%
50%

95%
38%
62%
0.9151

97%
6%
471%
0.8988

Informational Measures
Human Resources

Risk Management

Percentage of employees in compliance with quarterly mandatory training (not cumulative).
Percentage Stay at Work applications of total medical releases to light duty
Percentage workers comp developed claim expense of total annual premium cost = Loss Ratio%
Worker's Compensation Experience Factor (not cumulative)

Q1 2026 Financial Report - 133

1.0636

85.25% 91.25%
33%
0
149%
7.3%
0.8908 1.0137

172

88.75%
66%
131%
1.01587

Return to Agenda

Human Resources

2026 YTD

Performance Measures

Previous Year Ends

Target

Q1

2025

2024

2023

2022

2021

2020

2019

# of days on average to review/process a contract

2.3

1.49

1.12

1.9

3.1

2.57

2.78

2.12

1.8

Average days from incident to charging decision by Prosecutor

14

1

1.5

5.6

11.3

2

N/A

N/A

N/A

Average days from charging decision to filing complaint in Municipal Court

5

2.6

4

5.5

10.5

6.06

N/A

N/A

N/A

2020

2019

2026 YTD

Previous Year Ends

Historic
Average

Q1

2025

# of criminal citation cases filed

2,131

666

2,169 2,145 1,646 1,623 1,576 2,274 3,050

# of days on average for PRA response (Next Request)

27

19.2

11.9

# of days on average for PRA response (GovQA)

26

9.44

10.09 14.54 11.46 15.73 21.82 13.31 52.19

Informational Measures

Q1 2026 Financial Report - 134

2024

12.4

2023

12.4

2022

27.57

2021

34

21

24

173

Return to Agenda

Legal

2026 YTD

Performance Measures
Street Operations and Maintenance
% of completed MyLakewood311 requests
# of illegal dumping requests responded to
# of potholes responded to

Previous Year Ends

Target

Q1

2025

2024

2023

2022

2021

2020

100%
tbd
<275

96%
150
81

98%
695
231

96%
658
213

98%
683
216

90%
N/A
326

97%

97%

98%

N/A

N/A

N/A

187

289

259

2026 YTD

Informational Measures
Admin
Cost Recovery % Target - 45% for parks and recreation
services *
Human Services
Monthly average attendance at Lakewood Community
Collaboration Meetings (duplicate participants)

2019

Previous Year Ends

Historic
Average

Q1

2025

2024

2023

2022

2021

2020

2019

45 %

45%

42%

46%

43%

49%

49%

44%

46%

40 each month

27

28.25

25

24.25

28.5

102

145

150

# of human services contracts managed
Recreation
$ vendor sales generated from Farmers Market
# of partners at SummerFEST
$ vendor fees generated from SummerFest

22

28

28

21

21

22

26

26

24

$352,635
105
$9,460

$0

685,734
193
$23,185

671,273
260
$22,275

657,708
190
$21,105

$462,041
200
$13,220

$520,000

$56,000

$372,500

120

N/A
N/A

20

$5,700

95
N/A

$ sponsorship, grants and in-kind service

$87,813

60,500
sponsors,
373,000 grants
total 433,500

40,000

183,000

123,800

$52,150

$62,000

$113,300

17103

18392

N/A

N/A

N/A

N/A

N/A

$1,135

tbd

407,000
0

1,149

789

1,012

1,393

1,248

1,144

687

1,074

1,692

$45,638

$2,915

$36,424

$31,257

$26,102

$30,865

$26,514

$46,607

$78,566

1,035

85

271

269

294

255

552

1192

2140

# of special use permits generated at park site (not FSP)

102

2

99

137

140

129

100

36

144

Boat Launch Revenue
# of returning customers
Fort Steilacoom
# of special use permits for park use
# of returning customers
Property Management
# of unscheduled system failures
# of service requests
Street Operations and Maintenance
# of MyLakewood311 service requests regarding street
maintenance
# of reported downed signs
# of traffic signal major equipment failures
# of after hour call outs

$57,190
39

$3,732
2

$39,285
56

$47,128
52

$56,658
52

$54,242
53

$61,932

$60,869

$51,716

39

11

52

234
82

26
20

363
220

340
209

321
162

315
142

313
111

66
24

241
52

25
457

4
105

0
435

9
4439

12
312

19
237

26
547

12
356

44
689

1,652

363

1,508

1,502

1,431

1,656

1,943

1,183

1,824

337
0
93

58
0
19

270
0
103

306
0
58

256
0
86

253
0
84

326
0
112

385
0
119

385
0
59

# of dollars distributed for SNAP for Farmers Market
Senior Center
# of unduplicated seniors served
$ revenue generated from grants, fees, donations & inkind support
# of volunteer hours

Return to Agenda

Parks, Recreation and Community Services

Park Facilities

Q1 2026 Financial Report - 135

174

2026 YTD

Performance Measures

Target

Q1

2025

2024

2023

2021

2020

10

7

11

4

Boat St not started

0

0

5

122

394

n/a

n/a

138

0

15

7

12

18

16

14

5

760
1189
18

479
1380
54

369
498
22

254
394
N/A

283
735
N/A

232
787
N/A

542

649

560

153

36

495

CDBG
# of owner-occupied units rehabilitated

16

9

7

8

# of new affordable housing units constructed

8

4

3

5

# persons assisted with CDBG emergency payments programs,
# persons with access to affordable housing through fair housing
activities or emergency relocation assistance
Nuisances and Abatements
# of dangerous building abatements completed
RHSP
# rental properties inspected
# rental units inspected
# of household units provided relocation assistance
Economic Development

50

29

8

109

10
0- Boat St
underway
142

42

1

22

32

8580

25

0

9

17

913
2,451
< 20

90
362
0

175
445
6

500

96

266

# of participants attending forums, focus groups, or special events

2026 YTD

Informational Measures
Measure- CDBG
# of persons with new or improved access to public facility or
infrastructure
# units assisted that are occupied by the elderly
$ program income received (CDBG & NSP)
Measure - Nuisances and Abatements**
#of dangerous building abatements pending
# of public nuisances completed annually
# of public nuisances pending
Measure- RHSP
# rental properties registered
# rental units registered
Measure- Economic Development
$ investment created through economic dev efforts
# of business retention/expansion of interviews conducted
# of new market rate, owner-occupied housing units constructed
annually
# of projects where permit assistance was provided
# of special projects completed
# of economic development inquiries received
# of new business licenses issued in Lakewood
# of new development projects assisted
Measure- Building Permit
# of permits issued
# of plan reviews performed
# of inspections performed
Average turnaround time for 1st review - Site Development Permits

Previous Year Ends
2022

2019

Previous Year Ends

Historic
Average

Q1

2025

2024

2023

2022

2021

2020

2019

0

0

0

$0

0

5,345

0

875

5,115

12
$147,406

3
$12,810

3
$21,407

$0
$0

20
$103,156

12
$364,600

28
$270,294

5
$171,163

4
$101,225

65
3
10

15
0
7

11
5
6

$0
$0
$0

46
4
18

8
6
5

78
5
16

75
14
7

41
3
6

3,732
13,915

486
6,428

1,451
9,111

$0
$0

1,913
14,950

5,120
29,474

1,921
11,629

2,499
13,902

198
1,116

$374,996,046
91
34

$427,407,802
87
46

$228,284,777
110
49

$569,306,864
103
143

$470,001,046
106
89

$488, 375,205
127
25

$303,316,305
101
48

$320,000,000 $45,332,472
80
22
40
20
40
50

17
20

137
48

51
42

99
58

80
55

60
64

37
46

48
71

200
700
30

65
181
10

214
601
41

264
787
38

229
648
36

306
760
42

277
732
32

266
755
38

636
553
32

N/A
N/A
N/A
30

436

1,228
522
3,487
NOT UNDER BLDG

1,972
1,322
4,012
108

1,789
1,339
4,140
62

2,405
1,111
6,117
50

tbd
tbd
tbd
30

1,769
875
5,443
30

1,716
1,057
7,174
29

2,734
SEE PW

Q1 2026 Financial Report - 136

175

Return to Agenda

Planning and Public Works - Long Range Planning

2026 YTD

Informational Measures

Historic
Average

Previous Year Ends

Q1

2025

2024

2023

2022

2021

2020

2019

Not Started

Completed

Completed

In-process

Completed

Completed for
2021

Completed for 2020

In-process

Not Started

Completed

Completed

In-process

Completed

Not started

Completed for 2020

Not started

Completed

Completed for
2021

Completed for 2020

Completed

Completed

n/a

Completed for 2020

In-process

N/A

Not started

Measure- Long Range Planning
Annual Comprehensive Plan & Development Regulation Amendments
(setting docket, drafting city-initiated amendments, SEPA review of
city-initiated amendments and privately-initiated amendments)
Annual Development Regulation Amendments
Annual Shoreline Restoration Plan and Master Program Review
Biennial Review of Downtown Subarea Plan (2024, then every 5 years
thereafter)
Biennial Review of Lakewood Station District Subarea Plan (2024,
then every 5 years thereafter)

N/A

N/A
N/A
N/A

Ongoing

N/A

Completed

N/A

N/A

Completed

In-process

N/A

N/A

N/A

Completed

In-process

Not started

Subarea Plan
app'd in 2021;
next review 2023

N/A

In-process

In-process

In-process

In-process

In-process

In-process

In-process

In-process

N/A

N/A

Completed

In-process

In-process

Not started in '21

Not started in '20

Not Started in '19

Continual

Continual

Continual

Continual

Ongoing

Continual

Continual

Continual

Continual
20-24

Continual
20-24

In-process for '20

In-process '19

American Rescue Plan Act (ARPA) Program - Distribute Funds,
Quarterly Reports to Treasury, Quarterly Reports to City Council,
Technical Assistance to Subrecipients
Statutory Periodic Review of Comprehensive Plan per GMA (every 10
years)
Participation on Countywide and Regional Planning Bodies (GMCC,
PSRC Regional Staff Committee, SSHAP Staff Working Group, PC CPEH
Implementation Advisory Board, Continuum of Care, Other Appointed
Positions)
Reporting to City Council re Projects and Programs
Monthly Lakewood Planning Commission Meetings

N/A
N/A

Continual
6

Continual
4

Continual
3

Continual
20+

Buildable Lands Report - Development and Tracking

N/A

N/A in 2026

N/A in 2025

N/A in 2024

N/A in 2023

City Population and Employment Growth Targets - Development and
Tracking

N/A

Continual

Continual

Continual

N/A in 2023

Dicennial Census Data Development and Tracking

N/A
N/A

N/A

N/A in 2026

N/A in 2025

N/A in 2024

Q1 2026 Financial Report - 137

N/A in 2023

Ongoing
Continual
20+
20-24
Update completed
Completed in '21
in '22
Completed

In-process

In-process for '20

In-process

Completed

In-process/
nearing
completion

In-process for '20

In-process for '19

176

Return to Agenda

Planning and Public Works - Long Range Planning

Total Permits at Year End

Q1

Target
# of Days to
first review

Total
Permits

Zoning Certification

30

Conditional use

60

Design Review
Preliminary plat

Permit Type- Current
Planning

4

Average
Days
6

% w/in
Target?
100%

# Outside
Target
0

1

79

0.00

1.00

30

0

0

0%

60

0

0

0.00

Sign permit

30

7

16

SEPA Environmental

40

N/A

Shoreline permit

40

3

Target
# of Days to
first review

Commercial Building
Permits

2025
17

2024
61

2023
33

2022
55

2021
43

2020
28

2019
38

7

1

2

1

4

4

0

2
6

37

17

18

19

10

12

0.00

1

0

0

1

0

0

0

86%

1

71

126

64

40

62

55

51

N/A

N/A

N/A

1

25

14

39

20

13

9

14

100%

0

10

46

25

19

21

27

19

Total
Permits

Average
Days

% w/in
Target?

# Outside
Target

30

60

22

58.30%

25

New commercial buildings

30

2

41

0.00%

2

New multi-family

30

0

0

0.00%

0

Residential Building Permits

30

45

22

77.80%

10

New Single Family Homes

30

1

47

0.00%

1

Mechanical

30

48

18

87.50%

6

Plumbing

30

51

21

68.60%

16

Accessory Dwelling Unit

30

0

0

0.00%

0

Permit Type

Q1 2026 Financial Report - 138

177

Return to Agenda

Planning and Public Works - Short Range Planning

Return to Agenda

Planning and Public Works - Public Works Engineering
2026 YTD

Previous Year Ends

Performance Measures
SWM Operations & Maintenance
# of City street curb miles swept
# of catch basins cleaned or inspected
Engineering Services
Average turnaround time for 1st review - Site Development
Permits

Target

Q1

2025

2024

2023

2022

2021

2020

2019

3,600
3,400

689.5
0

1,756
57

1,870
116

2,753
2,041

3,918
3,501

4,270
3,242

4,234
3,269

3,776
4,765

30

42.5

26

56

40

30

30

30

29

Average turnaround time for 1st review-Right of Way Permits
% of time traffic signals are repaired within 30 days
% of time street lights are repaired within 30 days

30
100%
100%

30
100%
0%

3
100%
0%

5
100%
23%

5
100%
0%

5
100%
86%

5
N/A
N/A

5
N/A
N/A

6
N/A
N/A

2019

2026 YTD
Informational Measures
SWM Operations & Maintenance
# of hours of storm drain pipe video inspections recorded
# of linear feet of storm drain pipe cleaned
# of tons of sweeping and vactor waste disposed of
Engineering Services
# of businesses/properties inspected for SWM compliance
# of traffic signals operated and maintained
# of City maintained street lights

Previous Year Ends

Historic
Average

Q1

2025

2024

2023

2022

2021

2020

642
23,597
1,150

14
0
55

79
3,500
65

0
0
93

296
3,820
274

150
53
796

1,267
1,752
1,538

442
709
21,586 47,452
886
1,381

197
68
2,555

51
65
2,960

61
65
2,960

49
64
2,786

193
64
2,736

257
64
2,637

110
68
2555

189
69
2372

Q1 2026 Financial Report - 139

178

234
69
2372

2026 YTD

Performance Measures
# of community group road tours
Cost saved from reduced number of court transports
Number of Veteran's Court participants

Target

Q1

8
$35,000

3
$5,170
7

18

Previous Year Ends
2025
13
$29,237
5

2024
15
$73,278
8

2025 YTD

Informational Measures
# of work crew hours performed in lieu of jail
Cost saved by using alternative sentencing
Number of Veteran's Court graduates

Historic Average

Q1

1,048
$47,406
5

N/A
$8,288
0

2023
2022
2021
2020
2019
14
12
15
6
16
$103,218 $21,249 $30,516 $25,708 $24,113
10
7
29
26
33
Previous Year Ends

2025
216
$35,714
5

Q1 2026 Financial Report - 140

2024
120
$111,290
4

2023
232
$85,302
1

2022
2021
2020
2019
408
568
872
2,344
$83,048 $30,426 $46,751 $29,399
2
7
5
5

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Municipal Court

2026 YTD

Performance Measures

Target

Q1

2025

2024

2023

Previous Year Ends
2022
2021

2020

2019

Specialty Units
Successful Property Room Audits (percentage)

100%

100%

100%

100%

100%

100%

100%

100%

100%

K9 training hours

tbd

46.2

1021.8

682

860.7

1,017

128

N/A

N/A

Marine Service Hours

90

2

0

193

300

501

131

216

363

1000

142

664

1047

924

1,186

1,284

619

1,914

0

0

0

0

0

0

0

0

0

Non-Priority Calls (Priority 2-9): # of minutes to respond to call for service

25

21.8

22.2

27.2

26.3

22.9

20.2

19.0

23.6

Top Priority calls (Priority 1): Average time from receipt to dispatch (in minutes)

4

3.5

3.4

3.9

4.05

3.5

2.8

2.9

3.3

Top Priority calls (Priority 1): Average time from dispatch to arrival on scene (in minutes)

3.5

3.8

4.8

4.6

4.3

2.7

4.1

4.0

4.4

Criminal Investigations
Cases assigned for follow up
# of findings during Special Operations quarterly audits
Patrol

Professional Standards
% of officers meeting state requirements for annual training hours

100%

NA

100%

100%

100%

100%

100%

100%

100%

# of training hours provided

8,080

2443.5

8,636

14,963

16,407

18,318

12,453

11,190

11,199

Use of force as percent of arrests

5%

9.03%

5.14%

5.97%

7.35%

6.92%

7%

6.25%

5.25%

Uses of force as percent of calls for service

0.20%

0.39%

0.23%

0.25%

0.25%

0.21%

0.23%

0.21%

0.20%

Q1 2026 Financial Report - 141

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Lakewood Police Department

2026 YTD

Informational Measures

Previous Year Ends

Historic Average

Q1

2025

2024

2023

2022

2021

2020

2019

5,467
1,763
17
13
33
3
3
3
196
1087
40

1,345
411
5
6
10
0
0
0
46
156
N/A

7,147
1,937
29
17
48
0
4
2
224
731
N/A

5,025
1,875
35
21
49
0
4
4
269
809
N/A

4,631
1,733
42
26
44
0
0
4
266
759
N/A

4,477
1,847
15
14
39
0
1
3
245
858
N/A

3,437
1,366
17
15
30
1
4
3
231
992
N/A

5,021
1,301
16
10
32
9
2
3
194
832
N/A

8,934
2,538
22
14
30
0
6
3
233
1000
N/A

956
37

118
124

729
274.49

849
55

811
N/A

743
4

1,284
62

621
45

1,177
n/a

1,752
14,353
50,943

432
4,025
9,982

2,003
18,930
44,571

2,059
16,481
49,810

1,876
14,955
53,921

1,474
10,772
48,964

1,455
10,792
48,496

1,806
14,399
49,474

2,271
21,448
56,838

Yes
9
32
11
2
8
9

N/A
N/A
19
13
5
3
4

na
7
78
30
2
4
13

n/a
2
91
32
1
3
4

NA
8
29
5
4
16
14

Yes
5
29
4
4
13
11

Yes
6
25
6
2
12
17

Yes
13
39
16
0
2
3

Yes
12
34
17
3
5
5

85

9

49

29

47

62

92

28

159

Specialty Units
# of traffic stops
Animal Complaints
# of captures by K9
Special Response Team (SRT) Missions/Callout
Special Response Team (SRT) Training Days
Civil Disturbance missions
Civil Disturbance Team Training Days
Vehicle Collisions (Fatality)
Vehicle Collisions (Injury)
Vehicle Collisions (Non-Injury)
Narcotics Detections
Criminal Investigations
Cases cleared by investigation
Amount of narcotics seized (lbs)
Patrol
# of arrests
# of self-initiated calls for service
Total calls for service
Professional Standards
Successful WASPC accreditation
# of internal investigations conducted
Pursuits
Pursuit Terminations
Promotional processes completed
Hiring processes completed
Resignations/Retirements/Termination
CSRT
Community Meetings Attended

Q1 2026 Financial Report - 142

181

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Lakewood Police Department

Return to Agenda

TO:

City Council

FROM:

Tiffany Speir, Planning Division Manager

THROUGH:

Doug Russell, City Manager and Jeff Rimack, PPW Director

DATE:

July 13, 2026

SUBJECT:

Resolution of Intent regarding the Unified Regional Approach to
Homelessness (URA)

ATTACHMENTS: Draft Resolution 2026-XX (Attachment A)
BACKGROUND
Since 2024, Pierce County and cities, including Lakewood, have been in discussion
regarding implementation of a goal from the 2022 Pierce County Comprehensive
Plan to End Homelessness (CPEH) to establish a countywide entity establishing a
framework that supports coordination and efficient use of shared resources
addressing homelessness.
The City Council held a study session on June 8 and heard a presentation regarding
the URA from Pierce County Council Chair Hitchen, then directed that a resolution
expressing support for the formation of the URA be brought to the Council for
review.
The requested resolution is included in Attachment A.

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ATTACHMENT A
LAKEWOOD CITY COUNCIL RESOLUTION 2026-XX
A RESOLUTION of the City Council of the City of Lakewood, WA expressing its
intent and commitment to: work with other Pierce County governments to
launch a Unified Regional Approach to Homelessness (URA); direct the City
Manager to work collaboratively with other Pierce County governments to
develop an interlocal agreement; and to make progress in addressing
homelessness by taking certain actions while agreement(s) are in development.
WHEREAS, homelessness is a persistent and complex challenge in Pierce County
with many root causes; and
WHEREAS, 1% of City of Lakewood’s General Fund finances totaling $1,034,000 is
allocated in the 2025-2026 biennial budget to support a number of non-profit
agencies providing a range of human and social services, including emergency
shelter and homeless prevention services; and
WHEREAS, Lakewood has historically assisted Living Access Support Network (LASA)
by working in partnership to help secure state and federal funds for LASA’s hygiene
center and with direct one-time ARPA partial funding for 25 affordable housing
units’ construction; and
WHEREAS, in 2025, 480 individuals who reported that they last slept in Lakewood or
their last permanent zip code was in Lakewood were served by emergency shelters;
and
WHEREAS, during the 2024-2025 school year, 527 students in the Clover Park School
District were supported by the McKinney-Vento program for children who lack a
fixed, regular, and adequate nighttime residence; and
WHEREAS, between 2022 and 2025, approximately 645 clients were served by
Tacomaprobono’s Housing Justice Project Eviction Prevention Services program,
funded through a City of Lakewood American Rescue Plan Act (ARPA) subaward;
and
WHEREAS, from January 1, 2024 to June 30, 2025, 279 eligible households in
Lakewood applied for rental assistance through Pierce County’s Eviction Prevention
program; and
WHEREAS, governments across Pierce County share a common interest in ensuring
that homelessness is rare, brief, and non-recurring; and
WHEREAS, addressing homelessness requires coordinated solutions across
jurisdictional boundaries; and

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WHEREAS, in 2022, Pierce County adopted a Comprehensive Plan to End
Homelessness (CPEH) which included a goal to “Create a Unified Homeless System”;
and
WHEREAS, in October 2024, the Pierce County Council contracted with Uncommon
Bridges to work with governments across Pierce County to scope, design, and
implement a Unified Regional Approach to homelessness (URA) in Pierce County;
and
WHEREAS, in 2025 Uncommon Bridges began convening multiple meetings with an
Elected Leadership Group (ELG) consisting of elected officials from governments in
Pierce County to scope and design the URA; and
WHEREAS, the ELG included elected leaders from Pierce County and the Cities of
Auburn, Edgewood, Fife, Gig Harbor, Orting, Lakewood, Puyallup, Tacoma, and
University Place; and
WHEREAS, in April 2025, the ELG proposed that the purpose of the URA is “to
substantially reduce homelessness so that it is rare, brief, and non-recurring”; and
WHEREAS, in March 2026, the ELG proposed a URA design that includes a
governance board to direct URA operations, consisting of representatives from
participating governments and limited staffing to support URA operations; and
WHEREAS, in March 2026, the ELG proposed that the URA be established via
Interlocal Agreement (ILA) pursuant to Chapter 39.34 RCW, without the
establishment of a separate legal entity; and
WHEREAS, in March 2026, the ELG proposed that while an Interlocal Agreement is in
development, participating Pierce County governments begin coordinating actions
by aligning data requirements for providers, processes to support homeless
households, and inclement weather policies; and
WHEREAS, in April 2026, the ELG proposed that the mission of the URA is to
“empower Pierce County governments to choose locally responsive solutions to
respond to and prevent homelessness, while establishing a countywide framework
that supports coordination and efficient use of shared resources”; and

WHEREAS, while an ILA is in development, the Lakewood City Council desires to
express support for the establishment of the URA and identify actions that
Lakewood can take to align its homeless response with other Pierce County
governments;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LAKEWOOD,
WASHINGTON, HEREBY RESOLVE AS FOLLOWS:

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Section 1. The City of Lakewood City Council expresses its intent and commitment to
work with other Pierce County governments to launch a Unified Regional Approach
to homelessness (URA) across Pierce County as proposed by the URA Elected
Leadership Group (ELG.)
Section 2. The Lakewood City Council directs the City Manager to work
collaboratively with other Pierce County governments to develop an Interlocal
Agreement and other agreements necessary and desirable to achieve the intent of
this Resolution, and to return at a future date with proposed agreements for the
Council’s consideration. The Interlocal Agreement should include mechanisms to
ensure strong fiscal oversight and transparency in communicating with the public
on the URA’s work, funding, budget, and outcomes.
Section 3. While agreements are in development, the City of Lakewood expresses its
intent to make progress in addressing homelessness through the following actions
with the support of the team leading URA implementation and in collaboration with
other Pierce County governments:
•
•

•
•
•

Develop or update data collection requirements for homeless service
providers to align with other participating governments;
Develop or update a procedure to connect homeless residents to housing and
shelter via existing systems like Coordinated Entry (the County’s access point
for housing referrals) and the Shelter Access Hub (a 24/7 call center that
connects people to shelter options in Pierce County);
Develop or update an inclement weather policy that includes coordination
and alignment with other governments to connect homeless people with
resources during inclement weather events;
Identify locations in the City of Lakewood that may serve as inclement
weather shelter; and
Support establishment or expansion of at least one homeless intervention in
Lakewood.

Section 4. This Resolution does not authorize execution of an Interlocal Agreement,
nor does it create binding legal or financial obligations for the City of Lakewood.

PASSED by the City Council this

day of

, 2026.
CITY OF LAKEWOOD
____________________________________
Paul Bocchi, Mayor

Attest:

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______________________________
Briana Schumacher, City Clerk
Approved as to Form:
_______________________________
Heidi Wachter, City Attorney

186