CW-26-2 SMELTER CITY SENIOR CITIZENS' FOOD PROGRAMMING MILL LEVY - Senior Nutrition Services Levy

THE SPECIFIC PURPOSE OF THIS REQUEST IS TO PROVIDE FUNDING TO SUPPORT FOOD PROGRAMMING OF THE SMELTER CITY SENIOR CITIZENS' CENTER, INCLUDING CONGREGATE MEALS, HOME-DELIVERED MEALS, FOOD PREPARATION, FOOD SERVICE STAFFING, AND RELATED OPERATIONAL COSTS DIRECTLY ASSOCIATED WITH SENIOR NUTRITION SERVICES. THIS LEVY SHALL BE IN EFFECT FOR A TERM OF TWO (2) YEARS. SHOULD ANACONDA-DEER LODGE COUNTY VOTERS CHOOSE TO LEVY THREE (3) MILLS, APPROXIMATELY $79,671 WILL BE GENERATED ANNUALLY, AS EACH MILL IS WORTH APPROXIMATELY $26,557. THE IMPACT OF THE APPROXIMATE TAX INCREASE ON A HOME VALUED AT $100,000.00 IS APPROXIMATELY $2.28 PER YEAR. AT $300,000.00 IS APPROXIMATELY $6.84 PER YEAR. AT $600,000.00 IS APPROXIMATELY $16.08 PER YEAR. AN INCREASE IN PROPERTY TAXES MAY LEAD TO AN INCREASE IN RENTAL COSTS.