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City says bond would cost up to $206 per $100,000 assessed value over 28 years; residents question affordability
Summary
Administration told Council the bond would have a maximum cost of $206 per $100,000 Auditor’s market value over a 28-year term; multiple residents said that cost burden and rising living expenses make the combined proposal unaffordable for some, especially older residents on fixed incomes.
Administration read a prepared FAQ stating the maximum tax impact would be "$206 per 100K Auditor’s Market Value for a term of 28 years." Safety Service Director Patrick Ross presented the FAQ and said the exact cost could be lower depending on final project costs and contingencies. "Based on county auditor evaluation, the MAXIMUM cost will be $206 per 100K Auditor’s Market Value for a term of 28 years," the administration materials read.
Several residents told Council that even the stated maximum could be unaffordable for households facing higher utility and transportation costs. Resident Robin Knight and others urged Council to reconsider combining the stadium and firehouse on a single ballot measure because some voters might approve one project but not the other. Officials said the final millage rate will be set when bonds are issued and explained reappraisal rules that generally do not increase voted bond millage.
