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Lexington Voters to Decide on New Tax for Park Improvements in November Referendum

Lexington Voters to Decide on New Tax for Park Improvements in November Referendum

Lexington voters will decide on November 5 whether to impose a new tax to fund capital projects aimed at improving the city’s extensive park system. This referendum, if approved, would introduce a tax of 2.25 cents for every $100 of assessed real property, which translates to an estimated $52.88 annually for the average homeowner.

The Fayette County measure follows a similar tax referendum held in 2004, which successfully funded public bus service through Lextran. The Lexington-Fayette Urban County Council unanimously endorsed the parks referendum in April, recognizing the city’s need for approximately $8 million each year to address a growing backlog of park projects, totaling over $123 million as detailed in the updated 2024 parks master plan.

Supporters, including the Vote Yes for Parks committee, argue that dedicated funding is essential to maintain and improve the city’s popular park system. Statistics from a 2018 master plan indicate that 90% of Lexington residents utilize public parks, with more than 57% visiting at least once a month. In an effort to mobilize support, the campaign has raised $268,637 from over 100 groups and individuals, including organizations like Trees Lexington and the Trust for Public Land.

Importantly, the proposed tax will not cover the entire parks department operating budget, which is approximately $27 million. Instead, the new funding is earmarked strictly for capital improvements such as new courts, trails, and benches. The city previously used over $24.6 million from the American Rescue Plan Act to fund various park projects, including the constructing of the Cardinal Run North park, but this funding is now depleted.

Despite the significant support for the funding initiative, some residents are concerned about the increasing financial burden amid rising property values. Additionally, there are contrasting views regarding the city’s ability to raise private funds for parks projects, exemplified by the Gatton Park efforts that have amassed $52 million. Advocates for the tax stress the need for equitable funding across all neighborhoods to ensure uniform access to quality parks.

As Election Day approaches, the proponents of the tax convey a clear message: investing in parks is vital for enhancing the community’s quality of life and public safety. Alison Davis, from the University of Kentucky, emphasizes that exceptional parks not only improve living standards but are also crucial for economic development and attracting talent to the area.

The outcome of this referendum will shape the future of Lexington’s parks, making it a key vote for community members interested in the preservation and enhancement of their local environment.


Lexington Voters to Decide on New Tax for Park Improvements in November Referendum

HERE Lexington
Author: HERE Lexington

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