Tuesday, November 17, 2020

Lake Worth to issue Refund to Municipalites

City to vote on $780k in refunds on Regional Sewer charges

The City of Lake Worth Beach, Florida entered into an interlocal wastewater service and wastewater facilities cost sharing agreement in 2013 with the City of Atlantis,Town of Lantana, Town of Manalapan, Town of Palm Beach, Village of Palm Springs, Town of South Palm Beach, Town of Lake Clarke Shores and the Palm Beach State College (“Sub-Regional Participants”).

Pursuant to the cost sharing agreement, at the conclusion of the fiscal year, the City performs a true up of the revenues and expenses of the operations and maintenance accounts of the Sub-Regional Sewer System. Per the agreement, each Sub-Regional Participant, including the City, shall receive a refund if overbilled, or be billed and be responsible for any amount that was under billed.

The Fiscal Year (FY) 2019 - 2020 true up determined a refund is due to the Sub-Regional Participants, including the City, of a total sum of $780,115.67, broken down proportionally as stated below:

City of Atlantis $ 39,965.81
Town of Lantana $ 108,012.48
Town of Manalapan $ 5,984.97
Village of Palm Springs $ 199,171.92
Town of South Palm Beach $ 16,134.62
Town of Lake Clarke Shores $ 39,105.88
Palm Beach State College $ 3,348.30
City of Lake Worth Beach $ 368,391.69

TOTAL: $780,115.67

No comments:

Post a Comment