The Cost
Paying for this Community Investment
Addressing the needs of every park and trail in the city would cost more than $115 million, according to expert analysis. This underscores the significant investment required to enhance the entire park system and address community needs in the years ahead.
Recognizing that the total cost is too high to tackle all at once, the city structured the plan in phases to manage resources effectively and focus on community-identified priorities.
The current plan calls for the following core improvements over the next five years, bringing the overall cost to $60 million, plus interest and bonding costs:
Neighborhood parks & trails improvements: $20 million
Major enhancements at Spring Lake Park: $20 million
Renovations and upgrades at Lakefront Park: $20 million
Tax Impact:
If voters approve this plan, the tax impact for property owners would build gradually over the first five years as projects move forward.
The City expects to begin in 2026 with about $5 million to produce more detailed designs and engineering work before major construction begins in 2027.
Once all projects are fully phased in, the peak tax impact for a median-value home of $433,600 is estimated to be about $22 per month. The amount will vary based on your property’s value.
