DYER | A proposed new tax rate and capital fund for Dyer parks was defeated last month, but at least one Town Council member thinks part of that proposal is still a good idea.
Councilwoman Debbie Astor suggested the town form a cumulative capital fund dedicated to park building projects and maintenance during the July council meeting. No new taxes would be attached to the fund, and the town’s tax rate would not go up if it were created. But by creating the fund, town officials would be able to earmark funds, Astor said.
Astor was one of the council members who initially supported the idea of a cumulative capital fund and associated tax rate devoted solely to funding the parks system. However, many residents spoke out against the tax, and it died.
The town would have asked for a levy of up to .0167 cents. The levy would have cost each Dyer resident between $12 and $30 extra per year.