A slew of proposals that will appear on the Portland city ballot in November will cost the city $6.5 million a year.
That’s according to the findings of a report released by Interim City Manager Danielle West. She says her office did a fiscal study which determined the cost of the initiatives being proposed by the charter commission would cost about $1 million annually, while the citizen initiatives would cost $5.5 million.
West says that a homeowner with a home valued at $365,000 would be paying $161 more in property taxes each year to offset costs and revenue losses.
The report found that the most expensive proposal would be the one that limits cruise ship activity.
According to the Portland Press Herald, the analysis will be presented to the Portland City Council on Monday.
In all, residents will vote on 13 proposals in November.