Cheat Sheet Q&A: Pt. 1 A closer look at the proposed Lake Worth bond issue for roads:
Today's entry: Brian, I'm so glad to hear you talk about the Lake Worth bond issue. First, I want you to know that I've unsuccessfully tried to comment about the handling of this bond to elected representatives of the city. They repress opposition and open discussion around every turn, and secondly, any effort any of us make leads to being called obstructionists to fixing the roads. Anything you can offer up that I can use to spread the message is appreciated.
Bottom Line: So to reset the topic for those who don't live in Lake Worth and/or weren't here two years ago...
Lake Worth fought hard to pass a $63 million debt offering in a plan called "Lake Worth 20/20". The $60+ million in debt would be paid back by a special tax assessment over 30 years that would have cost property owners thousands above and beyond their typical property tax bills during that time. After the city spent tens of thousands of tax payer dollars to promote their plan ($50k+), it failed by just over 20 votes when put before voters. Fast forward to this year...
With largely the same batch of politicians running the city, they've come back with a $40 million debt plan, that's similar to what they proposed two years ago. Light on specifics, other than it'll fix the roads around Lake Worth, they've voted to put it on November's ballot without meaningful open public discussion of the matter. The city paid $8,000 to conduct an unaccredited poll of Lake Worth registered voters. They surveyed only 200 registered voters along non-demographically correct lines and showed that residents favored the bond by 12%. So already the irresponsible use of tax payer money for the perpetuation of this project is underway. The most egregious aspect of all of this to me however is the dishonesty.
Recently city manager Michael Bornstein, stated to the Palm Beach Post, that the city has no other options for fixing the roads. That's demonstrably false. Here are just a smattering of options the city could pursue prior to seeking to put residents in debt for thirty years (leaving even the average property owner to pay thousands of additional dollars during that time):
Click here... to get some of the facts.