Shall the parks special tax be amended to sustain community parks like the Rose Garden, children’s playgrounds, tennis, basketball courts, and ball fields, by increasing the per square foot tax rate from $0.1256 to $0.1466 and adding an inflation factor? Financial Implications The annual cost increase in fiscal year 2016 would be $39.90, from $238.64 to $278.54, for a 1,900 square foot home and $210, from $1256.00 to $1466.00, for a 10,000 square foot building.