![]() ![]() This is basically an additional property tax to afford the district the money to dredge, treat aquatic plants and maintain the lake. “Many home and business owners are opposed to it because they were not informed at all. Its board also could impose taxes of $130 annually for in-district homes valued at $300,000 and $412 a year for million-dollar homes. That’s especially true, many bass fishermen believe, since the district could levy an annual out-of-district fee of $250 and an in-district fee of $125 for anyone who uses Geist for fishing or boating. “The residents here have been paying for it with donations, with some giving and some not.”Īs petitions gathered thousands of signatures in opposition to formation of the district by late April, McDermott countered, “It seems absurd to put the health of the lake in the hands of a few without input from people outside Geist, who make up a good number of its users.” “Recreational boaters have never been asked to contribute to the lake they use,” said attorney Matt Troyer. ![]() ![]() The Geist Lake Coalition wants to become a state-sanctioned conservancy district so that it can mandate taxes and fees to guarantee a budget for maintenance of “water-based recreational purposes.” The aging 1,890-acre impoundment on Fall Creek has ongoing problems with sedimentation, algae blooms, and invasive plants such as Eurasian watermilfoil, but remains a popular destination for bass fishing and other outdoor recreation. Constructed in 1943, Geist Reservoir is owned by Citizens Energy, whose primary concern is supplying water to Indianapolis area citizens. ![]()
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