The large cost of constructing a new indoor pool would require new property taxes.
The new pool proposal recommended by the PETF was estimated (in 2021 dollars) to cost $26.6 million to construct. If the City had tried to construct the project, the necessary bond would have cost a typical Sandy homeowner $425 more on their property tax bill. It's important to remember that the City has a much smaller tax base than the school district which previously owned the pool, meaning that the cost burden on each taxpayer is relatively higher.
Pools also have extremely high operating costs. Even with full programming, a pool would not generate enough revenue to cover its expenses. If the City was operating a pool like the one recommended by the PETF, it would require a $1 million operating subsidy from the General Fund in each biannual budget. The City currently does not have the capacity to provide such a subsidy without substantial cuts to other areas of the General Fund (which pays for services like Police and Parks), or raising new operating revenue through some other means.
In addition to taxes and operating subsidies, pool users would still need to pay some level of fees for admission, program registration, and/or rentals to make the budget balance.
A potential solution to the funding challenge could involve the citizen-led formation of a new special district with its own taxing authority and dedicated revenue, which would require voter approval.