Lexington, Ky. — Fayette County voters will face an important decision this November regarding the establishment of a new tax dedicated to public parks. The proposed tax aims to yield approximately $8 million annually for over 400 capital improvement projects across the city’s parks, according to a group named Vote Yes For Parks, which is advocating for the initiative.
The tax will be imposed at a rate of 2.25 cents for every $100 of assessed real property. For the average homeowner in Fayette County, this translates to an estimated annual cost of $52.88. The funding generated will focus on capital improvements such as new courts, trails, and facilities rather than covering the entire parks department budget, which is already around $27 million from the city’s general fund.
David Lowe, a representative for Vote Yes For Parks, emphasized the necessity of this funding, calling it “critical for Lexington.” He stated that this dedicated funding would enable investments in every neighborhood, enhancing safety, creating jobs, and overall improving the quality of life for residents. “This will enable investment in all corners of our city,” he added.
Despite current funding from sources like the American Rescue Plan Act, which allocated over $24.6 million for parks improvements, these funds have been depleted. According to Lowe, raising $8 million annually through fundraising efforts is also deemed unlikely, making the tax proposal crucial for progressing on the long-standing list of 400 projects outlined in Lexington’s Parks Master Plan.
Public interest in parks appears strong, with roughly 90% of residents using public parks and over 57% engaging with them at least once a month. The Trust for Public Land indicates that public referendums for parks funding have an 83% success rate, suggesting a favorable outlook for this proposal.
Local residents express a mix of support and concern regarding the tax. Asia Smith, a mother of three who regularly visits the parks, voiced her belief in the tax’s value, stating, “Parks are a big part of our life… I think it’s important for children to be out in nature.” Conversely, some homeowners have raised objections, questioning why they should bear the financial responsibility for park funding and expressing worries about rising property taxes and budget management.
This vote marks a significant moment for Fayette County, as the last time voters evaluated a tax initiative was in 2004, when they approved a new tax to support the city’s public bus service, Lextran. As November approaches, Fayette County residents will weigh the benefits of park improvements against their financial implications, ultimately deciding the future of this tax proposal.
