Title
Resolution to Order Election, Determine Ballot Question for Charter Amendment for Approval of the Park Maintenance and Capital Improvements Millage for 2019 through 2024, and Reaffirm the Park Maintenance and Capital Improvements Administrative Millage Policy (7 Votes Required)
Memorandum
Approval of this resolution will place a ballot question asking for the authorization of a new millage to replace the expiring park maintenance and capital improvements millage on the November 6, 2018 ballot and reaffirm City Council's administrative millage policy.
With the expiration of the millage approaching, a work group consisting of Park Advisory Commission and City staff members evaluated the existing millage and related funding guidelines and Administrative Policy set by City Council. The Park Advisory Commission recommended a millage renewal and reaffirmation of the administrative millage policy at their July 17, 2018 regular meeting.
Staff is recommending the Park Maintenance and Capital Improvements Millage for renewal. This millage renewal proposes 1.10 mills and estimates a total revenue in the first year of the new millage, if approved, to be $6,042,300. Subsequent annual revenue will be adjusted based on the Headlee rollback and property value adjustments. The annual cost to a homeowner based on a mean taxable value of $126,628 is expected to be $139.29 for FY2020. The current cost to a homeowner based on a mean taxable value of $126,628 for the expiring millage for FY2019 is $136.26.
This millage will be for six-years with the following annual fund allocation: 70% park maintenance activities, 30% park capital improvement projects, and up to a 10% variable shift between the two annually. Park maintenance activities that are funded from this millage will include forestry and horticulture, natural area preservation, park operations, recreation facilities, and targets of opportunity. Capital improvement projects will include active parks; historic...
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