Yes. All taxpayers will begin paying taxes to the city for street reconstruction each year. In the first year, City taxes on the median-valued home would increase by approximately $40 for funding street reconstruction. In the remaining 15 years of the transition of either option, City taxes on the median-valued single-family home would increase by $11 per year for funding street reconstruction. Over the 16-years, the cumulative amount paid to the city from a median-valued single-family home is estimated at $1,865. Note that higher-valued homes would pay more in City taxes and lesser valued homes would pay less.