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PAGE TWO <br />SUBJECT:DISCUSSION –CONTINUATION OF THE CITY SALES AND USE TAX FOR <br />OPENSPACE ACQUISITION, DEVELOPMENT AND RELATED PURPOSES <br />DATE:FEBRUARY 13, 2012 <br />other City facilities? <br />Should the sunset clause remain at 10years, be extended or eliminated? <br />Are there other funding alternatives that merit consideration in order to fund Golf Course <br />Capital Improvements? <br />Attachment 1 includes the current forecast for the fund, planned capital projects, and <br />anticipated revenuesand expenditures for 2012 through 2016. <br />In conjunction with the Parks, Recreation, Open Space & Trails Comprehensive Master Plan, <br />RRC Associates conducteda survey. In the November 2010 survey, with a margin of error of <br />+/- 3.8%, there was strong support for continuingthe existing sales tax(see details below). <br />The survey asked “to what extent, if any, would you be willing to support the continuance of this <br />sales tax (through a ballot measure) to pay for acquisition, development, and maintenance of <br />parks, open space, and trails in Louisville in the future? (As the City nears build out in the <br />future, it is anticipated that use of these funds will be used more for maintenance of parks, <br />open space, and trails purposes than for acquisition and development purposes.)” <br />Support for continuation of the tax was very strong overall with 90 percent of <br />respondents indicating they would probably or definitely support the continuation (64 <br />percent indicated “definitely support” and 26 percent said “probably support”). <br />Support was slightly higher among newer residents (those who have lived in Louisville <br />10 years or less). <br />Support was slightly lower among empty nesters (households with children no longer <br />living at home). <br />See Figure 21, next page. <br />3 <br />