“Because we tightened our belts, and because some revenues have remained strong, the city was able to replenish its financial reserves. In short, Lynnwood’s finances have weathered this storm.'
“Not surprisingly, the city needed to use about $1.1 million in reserves at the end of 2020. But using these reserves, the city was able to avoid severe cuts, which would have resulted in reduced services and would have added further injury to our local economy,” Lynnwood Mayor Christine Frizzell said during her State of the City Address. “Because we tightened our belts, and because some revenues have remained strong, the city was able to replenish its financial reserves.
“Our skyline is filled with construction cranes. New development is springing up throughout the city with most work intentionally concentrated in our City Center and Alderwood Mall area,” she continued. “Construction is also continuing at a rapid pace at the Lynnwood City Center Station, the future home of the Lynnwood Link light rail extension. Sound Transit is a crucial piece of our city center plan.
“When we ask our community what Lynnwood needs to improve, the overwhelming response is our roads. Paired with growth and development, we have major infrastructure projects that allow our city to upgrade our transportation network and build capacity,” Frizzell said. “However, even though we’ve got many major projects happening in our city center and around Alderwood Mall, that doesn’t mean we’ve diverted our focus away from our neighborhood streets.
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