We understand that estimated assessments, without government support, are significant if paid by property owners only. We continue to work with state and federal representatives on opportunities for grants and improved financing.
State and federal funding sources, foundations and other supporters are more likely to provide funding if property owners show a willingness to pay a share as well. This means property owners likely will pay some assessment amount, even if we receive outside support.
We expect to seek approval in 2021 for a temporary assessment of $100-$200 per lakefront property owner and $25-$50 for backlot property owners which would occur in late 2021. This is to pay for operations, maintenance and acquisition of the dams.
FLTF has a good track record to date in raising over $30 million, but it takes time to raise or acquire $150 million or more. Check out our website for detailed information about the special assessment.