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The district unanimously approved its 2024 budget and a property-tax levy for 2023 taxes collected in 2024. The budget includes a 45-mill levy used to repay bonds for 308 public parking spaces.
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Business property owners and residents in the Encore building pay the 45-mill levy supporting the public parking garage. Officials said parking costs are funded through portions of property-tax and sales-tax revenue, a public improvement fee, and district property taxes rather than the Town’s general or transportation funds. The Town Manager said the levy will end after the certificates of participation are paid off.
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