Metro Parks District considers using banked capacity for 20% levy increase to shore up park services
Finance staff proposed a Metro Parks option that combines the statutory 1% increase with use of 19% banked levy capacity to generate about $146,000 more in park tax revenue, a move that would raise combined city and Metro Park property taxes roughly 2.24% for existing properties.
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At a special Metro Parks District hearing, Finance Director Jeff Albbrrook explained a levy option that would pair the statutory 1% increase with a one‑time use of banked capacity (an additional 19%), generating roughly $146,000 in added Metro Parks revenue and bringing the district’s levy closer to inflation. "That 19% of bank capacity would generate another $146,000," Albbrrook said, noting the district levied about $771,280 last year and has room in its legal capacity.
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