Title
Resolution to Order Election, Determine Ballot Question for Charter Amendment for Approval of the Park Maintenance and Capital Improvements Millage for 2025 through 2044, 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 renewal of the expiring park maintenance and capital improvements millage on the November 5, 2024 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 May 21, 2024 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 $8,519,150.00. Subsequent annual revenue will be adjusted based on the Headlee rollback and property value adjustments. The annual cost to a homeowner based on an average taxable value of $176,933.00 is expected to be $195.00 for FY2026. The current cost to a homeowner based on an average taxable value of $176,933.00 for the expiring millage for FY2025 is $190.00.
This millage renewal will be for twenty 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 renewal will include forestry and horticulture, natural area preservation, volunteerism, park operations, recreation facilities, and targets of opportunity. Capital improvement projects will include acti...
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