In a recent government meeting, officials discussed a proposed $60 million bond issue aimed at purchasing and upgrading a critical bridge in the community. The plan includes a property tax increase, with a millage rate of approximately 1.6 mills over 30 years to fund the bond. This increase is designed to ensure that the bridge can accommodate essential services, including waste haulers and emergency vehicles, while also maintaining community access.
The discussion highlighted the importance of timely upgrades to the bridge, which currently has a weight limit of 7.5 tons. The goal is to raise this limit to 36 tons, allowing for the passage of larger vehicles necessary for community operations. Officials emphasized that if upgrades are not completed before the existing free bridge is closed for repairs, the community could face significant access issues.
The millage rate has fluctuated in recent years, dropping from 15.5 mills in 2022 to 12.91 mills in 2024 due to the expiration of previous sanitary sewer debt. The proposed increase for the bridge project would still leave the total millage lower than it was two years ago, with projections indicating a stabilization at around 14.5 mills by 2026.
Officials also addressed concerns regarding the toll structure for the bridge, noting that maintaining tolls would help mitigate the tax burden on residents. They assured that the tolls would remain relatively stable, with only minor increases anticipated every five years.
In addition to the bridge discussions, the meeting included a request for updates on two other bridges on the island, which are in need of replacement. The commission expressed concern over the lack of a set schedule for these projects and the potential safety risks posed by their deteriorating conditions.
Overall, the meeting underscored the community's commitment to maintaining essential infrastructure while balancing the financial implications for residents. The officials pledged to provide further information and transparency to ensure that residents can make informed decisions regarding the proposed bond and its impact on local taxes.