Lake Worth to pass 2018 Budget tonight - Taxes up 7.24%

Highlights of the FY 2017-2018 budget:

• No change in the General Fund millage rate of 5.4945 mills

• Use of approximately $426,220 of General Fund available fund balance

• Three (3) percent reduction in Electric Utility rates

• Increase in Local Sewer rates of 5% to offset increased capital projects costs related to the East Central Regional (ECR) Facility.

• Increase in Water rates of 2.75% to offset capital projects costs including the 2” watermain replacement.

• No changes to Sanitation and Stormwater rates

• No changes to parking rates

With the $40 million bond money for roads and the $14-16 million being used in the electric utility upgrade, we should be sitting pretty. Don't screw around with our beach.