
Voters in Prior Lake will decide this November on a $60 million parks and trails investment plan that would be funded through a property tax increase.
The ballot question will ask whether the city should issue up to $60 million in general obligation bonds to fund upgrades and expansions to neighborhood parks, trail connections, and major improvements to Spring Lake Park and Lakefront Park. If approved, bonds would be issued over five years beginning in 2026.
The full ballot question will read:
“Shall the City of Prior Lake be authorized to issue its general obligation bonds in the amount not to exceed $60,000,000 to provide funds for the acquisition and betterment of city parks, trails, and recreational facilities, including upgrades to some neighborhood parks, expanded trail connections, and major enhancements to Spring Lake Park and Lakefront Park? BY VOTING YES ON THIS BALLOT QUESTION, YOU ARE VOTING FOR A PROPERTY TAX INCREASE.”
The city’s current improvement plan allocates $20 million toward three major categories: neighborhood parks and trails, Spring Lake Park upgrades, and enhancements at Lakefront Park.
If approved, the estimated property tax impact on a median-value home of $433,600 would be about $22 per month.
