An interesting video for all of you who, from time to time, say that we should sell our Utility. It is a brief examination of the issues surrounding the proposed sale of the Vero Beach Electric Utility to FP&L and why FMEA believes what FPL is offering is a bad deal for the city.
The City of Lake Worth has $9,107,123 in an electric utility transfer to the General Fund for the 2011/12 budget. It threw the rate payers a ridiculous bone by reducing the public service tax 2% and the conservation charge .65 for 1000 kwh. This is not the time for the City to give back pennies when it needs revenue and taxes us millions.