The 20-year tax will allow residents of the Gretna, La., subdivision to purchase the property’s 27-hole golf course. The initiative was designed to allow the neighborhood to have control over the 189-acre course, which could be redeveloped when its covenants expire in mid-2019.
Residents of Stonebridge Golf Club in Gretna, La., approved a 45-mill tax that will allow residents to purchase its 27-hole golf course, the New Orleans Advocate reported.
Voters in the neighborhood of about 900 homes approved the 20-year tax 54% to 46%. In three precincts, 577 residents voted for the proposal, while 490 voted against it. The tax will generate about $949,000 per year, the Advocate reported.
The initiative was designed to allow the neighborhood to maintain property values by giving it control over the 189-acre course, which could be redeveloped when its covenants expire in mid-2019, the Advocate reported.
Homeowners who opposed the tax have said they hadn’t been given any options for the property besides keeping it as a golf course. They say it amounted to having the residents who don’t live around the course subsidizing those who do, the Advocate reported.
The owner of a $300,000 house with a homestead exemption would pay an additional $1,012 per year in taxes. For a property worth $500,000, the cost would be $1,912 annually. If the home is worth $700,000, the owner would pay another $2,812 per year, the Advocate reported.
The tax will be levied by the Stonebridge Neighborhood Improvement and Beautification District, a political subdivision created in 2016 with the golf-course purchase in mind, the Advocate reported.