In 2024, Lexington voters approved a new property tax to fund roughly $8 million annually for improvements to local parks.
The tax rate is 2.25 cents on every $100 of value, which advocates and city officials said came out to roughly $52.88 in additional taxes for the average city homeowner.
The tax became effective January 2025. But the city did not have access to the $7.9 million in funds until January 2026…