
By JIM BUTLER
The Alexandria City Council will consider a resolution this evening calling a special election May 3 asking renewal and extension of a property tax funding capital improvements.
The 11.5 mills levy would be renewed beginning in 2028 and be in effect 20 years.
This would be the second such request. Fifty-one percent of those voting in the 2023 referendum said no.
The tax now being collected was last approved, for 10 years, beginning with the 2018 assessments.
Funding it generates is used for a variety of improvements — such as drainage, infrastructure, recreation, riverfront.
The city budgets capital outlay under a five-year plan, with additions and/deletions annually.
The renewed tax is forecast to yield $5.4 million in the first year of collection. Estimated election cost is about $83,000.