RESOLUTION NO. _____, SERIES 2026
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A RESOLUTION DETERMINING THAT A PROPOSAL FOR THE ESTABLISHMENT OF A DEDICATED PARK FUND TO FUND PUBLIC PARKS IN JEFFERSON COUNTY, TO BE FINANCED BY THE LEVY OF AN ADDITIONAL TWO AND ONE-QUARTER CENTS ($0.0225) PER ONE HUNDRED DOLLARS ($100) VALUATION ON ALL TAXABLE REAL PROPERTY, SHALL BE SUBMITTED TO THE ELECTORATE OF JEFFERSON COUNTY IN A PUBLIC REFERENDUM AT THE NEXT REGULAR ELECTION PURSUANT TO KRS 97.590 AND KRS 83A.120 WITH THE LANGUAGE OF THE BALLOT QUESTION TO READ AS FOLLOWS: “ARE YOU IN FAVOR OF THE ESTABLISHMENT OF A DEDICATED PUBLIC “PARK FUND” TO PROVIDE FUNDS FOR THE IMPROVEMENT AND DEVELOPMENT OF OUR PUBLIC PARKS, WALKING AND HIKING TRAILS, BIKE PATHS, SWIMMING POOLS, PLAYGROUNDS, RECREATIONAL FACILITIES, AND OTHER PARK AMENITIES FOR CHILDREN, ADULTS, FAMILIES, AND SENIORS, TO BE FINANCED BY THE LEVY OF AN ADDITIONAL TWO AND ONE-QUARTER CENTS ($0.0225) PER ONE HUNDRED DOLLARS ($100) ON ALL TAXABLE REAL PROPERTY, EFFECTIVE JANUARY 1, 2028?”; AND AUTHORIZING TAKING ANY RELATED NECESSARY ACTIONS.
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SPONSORED BY: COUNCIL MEMBER BEN RENO-WEBER
WHEREAS, KRS 97.590 provides that a city or county, including Louisville/Jefferson County Metro Government (“Metro”), may levy taxes not exceeding five cents ($.05) on each one hundred dollars ($100) of all taxable property “for the purpose of purchasing and maintaining public parks within [its] jurisdictional limits” pursuant to a successful voter referendum held in accordance with KRS 83A.120;
WHEREAS, Metro is a consolidated local government organized under KRS Chapter 67C, and pursuant to KRS 67C.123 the tax structure, tax rates, and level of services in effect at the time of consolidation remain in place unless and until changed by action of the Legislative Council of the Louisville/Jefferson County Metro Government (the “Council”);
WHEREAS, a coalition of parks advocates, neighborhood leaders, business leaders and community members has recommended and requested ...
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