How will an allocation impact the Four Lakes Special Assessment?
The state may grant enough so there would not be a need for a capital assessment to rebuild the lakes. There would still be an operational assessment. We have not yet determined final numbers but if this is the scenario, the operational assessment would likely be a few hundred dollars per year.
FLTF is still pursuing additional financing via an assessment or U.S. Department of Agriculture loans, given the uncertainty of funding. The assessment amount per property owner cannot be predicted until we know the final allocation. This is covered in the Restoration Plan that was published and presented in May.
The computational costs for the operations assessment have not yet been determined but we expect it to be a few hundred dollars a year for the long-term if there is no capital assessment.
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