A mill is the amount of tax payable per dollar of the assessed value of a property and is defined as one-tenth of a percent or one-tenth of a cent (0.1 cents). Mills are often communicated as cost per $100,000 of home property value. For example, a 1.0 mill capital levy equates to $35.00 annually per $100,000 of home market value in Anderson Township.
A capital levy provides funding for park improvement projects, facility upgrades, and certain pieces of equipment that are designed to last five years or more.
An operating levy funds the day-to-day operations of the park district:
If this levy does not pass, the APD will take out a revenue bond to replace the Riverside Park all weather field turf, and go into a Maintenance Only Mode. The APD will not be able to make the improvements listed in the Comprehensive Improvements List.