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1. What is the proposed cost of the pool project?

After completing preliminary engineering, the cost is $3.92 million. This is the value approved by the Council to send to a bond vote in August 2018.

2. How many years will it take to pay off the bond?

The Myers Memorial Pool Renovation Project Bond would be a 20-year bond.

3. What would the additional property tax increase be?

If funded solely by Winooski taxpayers, the impact of this project could be up to a $0.082 increase in property taxes (an estimated $185.49 annual increase on a $225,000 home).

4. What is the estimated cost of operation for the new pool for a year?

The City estimates that it would cost approximately $83,000 to operate in the first year of operations.

5. How many months of the year will the pool be open?

Historically, the Pool has been open from the end of June through August.

6. How much gross income will be produced by the pool?

The City is modeling that the gross income annually would be $12,500.