The Open Space and Mountain Parks department presented three scenarios at different levels of spending — a fiscally constrained plan, an action plan and a vision plan.
The fiscally constrained plan stays within the department’s current revenue stream and allows $3.4 million a year or $23.8 million through 2020 to buy roughly 1,190 acres.
The action plan would use some of the department’s fund balance to spend $5.4 million a year or $37.8 million to buy roughly 1,890 acres.
The vision plan would require the extension of two open space taxes or the identification of other funding sources. The vision plan includes most of the 7,620 acres identified for possible purchase in the open space plan at a cost of $89.7 million.
How about the maintenance mode plan?
How much tax revenue is removed from city coffers with the proposed land purchases?
