The City of Medina says it could be in deep financial trouble if it can't collect more revenue from taxpayers.

Medina, one of the richest cities in America, is home to about 3,000 residents — including top tech execs Bill Gates and Jeff Bezos. City officials outlined the problem in a June newsletter saying they would face a half million dollar deficit next year and a cumulative deficit of $3.3 million by 2025.

The cost of providing police, fire, and parks services has outpaced the city's growth. The city has also implemented aggressive security programs.

In 2009, Medina implemented an “automatic license plate recognition” project, according to the Seattle Times. According to the Times, if a vehicle is reported stolen or being driven by a homicide suspect, the police could then “leap into action,” according to their police chief at the time.

To raise more revenue, the city will ask voters to lift a levy lid on property tax increases so it can maintain those services for the next 10 years.

The measure, which will be on the November ballot, would increase property tax bills by 5% annually from 2021 to 2025.