
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 six 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 be gradually phased in over the next six years as projects move forward—not reaching the maximum impact until 2031.
For a median-value home of $433,600, the maximum tax impact is estimated to be about $22 per month in Year Six of the plan.
Your individual tax impact will depend on the value of the property you own.