City Question 1 - APPROVAL OF DEDICATED PARKS FUND LEVY INCREASE

The city has an existing parks fund levy set as a fixed annual dollar amount of $2,600,000 on the referendum market value of all taxable property within the city, which is 0.0290052 percent on the referendum market value of all taxable property within the city for the year 2023. The current parks fund levy is applicable indefinitely unless otherwise revoked or reduced as provided by law. Should the city increase its parks fund levy to a new fixed annual percentage amount of 0.0472654 percent on the referendum market value of all taxable property within the city, which is $4,236,821 on the referendum market value of all taxable property within the city in 2023, and end the entire parks fund levy referendum revenue authorization in twenty-five (25) years at the end of the year 2047, unless otherwise revoked or reduced as provided by law? The sole purpose of the parks fund levy is funding parks and recreation facilities and activities.