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2007 Funding
The main source of funding for 2007 will come from the Special Assessment District established five years ago. This is the last year of the funding period.
 
The level of funding will support a similar level of chemical treatment by Professional Lake Management. We will work to ensure we get the best results possible for our money.
 
We would like to do more in 2007, particularly in the areas of implementing a more comprehensive water quality testing program and experimenting with alternative strategies.
 
This will take additional funding. We are considering a number of fund raising events for 2007. If you have an idea for an event or wish to get involved, send us an email.
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Get Involved!!
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Email us your ideas and feedback!
Based on our benchmarking of other area lakes facing similar challenges, getting better results on weed management for Sherman Lake will most likely require spending more on future treatment strategies than we have spent in past years.
 
Most lakes dealing with milfoil and excessive pond weed growth are spending several times more per year on treatment strategies.
 
The most common strategies in use are more aggressive and expensive chemical treatment programs and mechanical harvesting.
 
It is not uncommon for lakes of similar size and condition to be spending between $35,000 and $55,000 per year or about $350 and $500 per property per year.  While temporary results are possible, it is widely acknowledged that chemical treatment and once a year harvesting does little to address root cause and has neglible positive impact on the long term health of the lake.
 
The SLWA is committed to finding alternative methods of treatment that will deliver a balance between short term results and long term impact at the lowest possible cost for residents.
 
Getting better results will require an increase in funding.  What's the payoff? Aside from the obvious increased enjoyment of not having to deal with nuisance weeds and an improved fishery, water quality directly effects property values.
 
Studies in several states have documented a direct correlation between water quality and lakefront property values. Declining water quality and clarity has shown to result in a 20% or more decline in property values.
 
Links:
Maine Study
Minnesota Study
Indiana Lake Management Society Research
 
 
Special Assessment District Renewal for 2008
The most important thing we can do in 2007 is to vote to renew the Special Assessment District beginning in 2008. This program allows the township to manage the process of collecting funds from all residents as part of the regular property tax collection process.
 
The SLWA with the assistance of the Weed and Water Quality Action Team will be making a recommendation on the level of funding required to support the long term Lake Management Plan and deliver the results we all want.
 
We will be working hard to communicate continuously with residents throughout the year, culminating in a recommendation and opportunity to vote in the fall of 2007. Without approval of another Special Assessment District, implementing any coordinated Lake Management effort beyond 2007 will be extremely difficult.
 
In short, the future of Sherman Lake rests in our hands. As residents, we need to decide how important it is to have a healthy lake fit for swimming, boating and fishing.
 
Contact us if you have any input, feedback or questions about the Special Assessment District Process.
 
Supplemental Funding Sources
In addition to the Special Assessment District, we will be actively seeking alternative funding sources in 2007and beyond. This includes identifying and applying for applicable State and Federal Grants and other types of funding.
 
We really need help in this area! If you have any experience in researching and applying for grant programs, we would love your help! 
 
 
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More On Lake Management...
 
 
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Lake Management Plan
 
 
Overview of Weed Management Strategies
 
 
Funding Implications 
 
 
Know Your Weeds!
 
 
What We Can Do Now!
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Water Quality Analysis
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