Showing posts with label Millage. Show all posts
Showing posts with label Millage. Show all posts

Monday, June 16, 2025

Lake Worth Beach: Millage and Debt rate

Property Millage rate

Pursuant to §200.065(2)(b), Florida Statutes, the City must advise the Palm Beach County Property Appraiser of the proposed Operating Millage Rate, as well as the date of the City’s first public hearing on the tentative Operating Millage Rate and budget (which is scheduled for September 11, 2025).

The proposed Operating Millage Rate approved by this Resolution establishes the maximum millage rate the City may consider and approve during the public hearings in September. The proposed Operating Millage Rate may be lowered by the Commission at the hearings, but it cannot be raised without additional notice being provided to each taxpayer at a cost of approximately $20,000 for postage.

Based on information from the Palm Beach County Property Appraiser’s Office, the FY 2025 Operating Roll Back Millage is 5.1183. This Operating Roll-Back Millage is the millage rate that will generate the same property tax revenue that was generated in FY 2025.

With the inclusion of the County Fire MSTU millage 3.4581, the maximum available Operating Millage cannot exceed 8.9526 mills. This year continues a trend with an increase in the taxable value of real and personal property of approximately 7.4%.

The City is ignoring the roll-back millage and the rate they will adopt will result in an increase in the actual tax revenues collected and will be 5.4945 mills plus MSTU of 3.4581.

The City is required to hold two (2) public hearings for adoption of a property tax rate and budget. The first public hearing is advertised by the Property Appraiser mailing to each property owner on a TRIM notice.

The Voter Approved Debt Rate may be lowered by the Commission at the hearings, but it cannot be raised without additional notice being provided to each taxpayer at a cost of approximately $20,000 for postage. Due to sufficient fund balance available to cover the future FY 2026 debt services, the Voter Approved Debt Rate is being decreased to 0.40 mills in FY 2026 from 0.92 mills in FY2025

Thursday, July 13, 2023

City Commission Meeting July 18

On the Agenda:

Resolution No. 22-2023 - Establish the Proposed Millage Rate for fiscal year 2023-2024

The City Commission is proposing an operating millage rate of 5.4945 for General Operating Budget purposes for Fiscal Year 2023-2024, which is the same millage rate as last fiscal year.

Resolution No. 24-2023 Debt Millage rate

Commission to establish the Proposed Tentative Voter Approved Debt Millage Rate of 0.92 for the fiscal year 2023-2024 General Obligation Bond Fund Levy.

If these pass, and we assume that they will, the first public hearing date for the annual operating budget will be on September 14, 2023 at 6:00 PM at Lake Worth Beach City Hall and the second public hearing on September 28, 2023.

Thursday, September 8, 2022

Special City Commission Meeting Tonight

TONIGHT'S AGENDA 9-8-22
CITY OF LAKE WORTH BEACH SPECIAL CITY COMMISSION MEETING
1ST BUDGET HEARING

PUBLIC HEARINGS:
A. Resolution No. 67-2022 – First Public Hearing – adopt the Fiscal Year 2022-2023 Tentative Millage Rate and set the second public hearing for September 22, 2022.
With the inclusion of the County Fire Municipal Service Taxing Units (MSTU) millage 3.4581, the City’s maximum available Operating Millage cannot exceed 6.5419 mills. The tentative millage is 5.4945 mils (or $5.4945 per $1,000 assessed valuation), which is 12.21% more than the rolled-back rate of 4.8967 mil

B. Resolution No. 68-2022 - First Public Hearing - Adopt the Debt Service Rate and set the second public hearing for September 22, 2022.
The resolution sets the Tentative Debt Service Millage Rate of 0.9200 mils to fund the City’s Voter Approved 2017/2018 General Obligation Bond Fund Levy

C. Resolution No. 69-2022 - First Public Hearing - adopt the fiscal year 2022-2023 proposed City budget and set the second public hearing for September 22, 2022.
In accordance with the City’s Code of Ordinances and Florida Statutes, the FY 2022-2023 Proposed Annual Budget for the City of Lake Worth Beach is hereby submitted. Expenditures for the tentative FY 2022-2023 Annual Operating Budget Appropriation equal $186,624,615 and for the Capital Budget Appropriation equal $25,403,670 for all City funds.

NEW BUSINESS:
A. Resolution No. 70-2022 - establish the Stormwater Annual Assessment for Fiscal Year 2022-2023
This resolution establishes the annual assessment rate for Stormwater Services for Fiscal Year 2022-2023 in the amount of $78.25 per Equivalent Residential Unit (ERU). There is no change in the rate from prior fiscal year.

B. Resolution No. 71-2022 - establish the Refuse Services Annual Assessment for Fiscal Year 2022-2023
Refuse: This resolution is the Annual Assessment Resolution setting the Special Assessment fee of $245.15 per Equivalent Residential Unit (ERU) for Refuse Services for Fiscal Year 2022-2023. There is no change in the rate from prior fiscal year

C. Adopt the Fiscal Year 2023 Administrative Charge for Services

D. Adopt the Fiscal Year 2023 Contribution from Enterprise Operation

Monday, July 26, 2021

Lake Worth Proposed Assessments for 2021/2022

Refuse Assessment Roll
Resolution No. 37-2021 - directing the Preparation of the Preliminary Refuse Assessment Roll for Fiscal Year 2021-2022 and scheduling the final public hearing for September 13, 2021 with a 0% increase from last fiscal year. Currently, the assessment rate is $245.15 per Equivalent Residential Unit (“ERU”). The proposed assessment rate for FY 2021-2022 will remain $245.15 per ERU. This resolution also schedules the final public hearing to adopt the Annual Assessment Resolution for September 13, 2021

Stormwater Assessment Roll
Resolution No. 38-2021 - directing the Preparation of the Preliminary Stormwater Assessment Roll for Fiscal Year 2021-2022 and scheduling the final public hearing for September 13, 2021 This resolution directs the preparation of the preliminary stormwater assessment roll for FY 2021-2022 in the amount of $78.25 per residential unit which remains the same as last fiscal year. This resolution also schedules the final public hearing to adopt the Annual Assessment Resolution for September 13, 2021.

Millage Rate-Tentative
Resolution No. 39-2021 - establishing the Proposed Tentative Millage Rate for Fiscal Year 2021-2022 and scheduling the first public hearing for September 13, 2021 and the second public hearing for September 22, 2021 Resolution No. 39-2021 will establish the Proposed Tentative Millage Rate of 5.4945 mils, the same rate in the current Fiscal Year budget.

General Obligation Bond (road improvements) Debt Rate
Resolution No. 40-2021 - establishing the Proposed Tentative Voter Approved Debt Rate for Fiscal Year 2021-2022 and scheduling the first public hearing for September 13, 2021 and the second public hearing for September 22, 2021 Resolution No. 40-2021 will establish the Proposed Tentative FY 2021 Voter Approved Debt Rate of 1.11 mils for the FY 2022 General Obligation Bond Fund Levy.

Monday, September 23, 2019

Lake Worth 2nd Public Hearing on 2020 Budget

For a little trivia, the budget overseen by  Mayor Bill de Blasio of New York City is the largest municipal budget in the U.S. at over $70 billion a year.

But, in spite of New York City's tremendous budget and all their problems, on Tuesday night, the city commission will have its 2nd Public Hearing to Adopt the 2019/2020 Budget. We, here in Lake Worth, consider our budget substantial for a city with 37,000 people. The commission will be passing a total budget of $167,632,711.

Click to read--


On September 12, the commission passed the budget on the First Reading with Commissioners Hardy and Maxwell dissenting. Commissioner Hardy's objection was the fact he did not receive a line itemed budget. If you notice in the graphic above, the city provided little information or detail in their summary to the taxpayer.

The total millage rate is 10.0626 mills which is 8.27% (another thing the city failed to tell you in their published Budget Summary) more than last year.

Friday, September 13, 2019

Lake Worth's Special Commission Meeting

The meeting was held last night at City Hall. I did not expect any people but they were there!...confused people for the most part. Those who were concerned referenced a letter they had received from the City regarding Storm Water and the increase. Some were under the impression that they were going to pay $78.25 a MONTH, not a year.

The City adopted the following:
  • Millage rate of 5.4945 mils; PB county's MSTU of 3.4581 mils or a total of 8.9576 mils. This represents a tax increase of 8.27%.
  • Adopted the 2019/2020 Budget of $164,184,603 for all city funds. This passed on a 3/2 vote with Maxwell and Hardy dissenting.
  • Adopted the Debt Service rate regarding the General Obligation Bond. We must cover debt service in the amount of $2,154,088. Millage rate is 1.1100 mils.
  • Adopted Storm Water fee of $78.25, up $2.65 from last year that appears on your tax bill
  • Adopted annual assessment for Refuse at $233.47 per residential unit.
  • Adopted administrative charge for services totaling $3,912,290
  • Adopted contribution from Enterprise Operations of $7,438,453

Monday, September 25, 2017

Lake Worth to vote on final millage rate on September 26, 2017 at 6pm

At the September 19th city commission meeting, the city adopted a millage rate that was as follows:
With the inclusion of the County Fire MSTU millage 3.4581, the City’s maximum available Operating Millage cannot exceed 6.5419 mills. The tentative millage is 5.4945 mills (or $5.4945 per $1,000 assessed valuation), which is 7.24% more than the rolled-back rate of 5.1237 mills.
Yesterday, the city published its proposed tax increase in the Palm Beach Post that states the increase is 12.9% more than last year's total operating expenditures.

So, we are paying the following millage:
5.4945 General fund
  .7499 Bond debt
3.4581 MSTU County Fire

9.7025 TOTAL MILLS

We are only allowed to charge 10 mills by law...cutting it mighty close-- .2975 mills.

Read the published budget

Tuesday, July 18, 2017

Lake Worth Tentative Millage Rate

On the Consent Agenda is Resolution 34-2017 to adopt a tentative Millage rate.

The city plans on an operating millage rate of 5.4945 mills for General Operating Budget purposes for Fiscal Year 2017-2018; which is a 8.97% increase over the Roll Back Rate of 5.0423 mills.

You will have a chance to discuss this rate at the First Public Hearing on September 12th at the Commission meeting.

Voters in this city voted in a 30 year, $40 million general obligation bond to repair the roads. I would have thought that the city might have considered the roll-back rate this year on ad-valorem but they need the money to close the pool and build an aquatic facility.  I guess.

Monday, September 12, 2016

Lake Worth calls Special Meeting to set the millage and budget


Tomorrow, September 13, there is a special city commission meeting at 6pm in order to set the millage rate and the overall budget for 2017. Because of the rise in property values, everyone will be paying higher advalorem as the commission did not roll-back the rate. This is not a criticism, just an observation. We need money.

"For the General Fund for the purpose of providing money for general municipal purposes, and for the improvement and general government of said City. the millage and budget will come back for a second reading on September 20."
  • 5.4945 mills, $5.4945 per $1,000 assessed valuation;
  • This is 7.8347% more than the rolled-back rate of 5.0953 mils.
  • Set the budget for 2017
  • Establish charges for all fees and services (they all have gone up other than electric rate)
  • Solid Waste assessment stays the same at $245.76 a year 
  • Stormwater assessment of $75.60 remains the same

Tuesday, September 15, 2015

Lake Worth 2016 Budget Highlights

Highlights of the FY 2016 budget are:

 No change in the General Fund millage rate of 5.4945 mils.
 Salary increase of 4% across the board.
 Use of approximately $68,889 of General Fund available fund balance.
 No change to Electric Rates after decreasing rates for the prior 5 years.
 Increase in Local Sewer rates of 3%
 Increase in Water rates of 3.5% to fund new wells and other capital needs.
 No rate changes for Garbage or Stormwater.

From the August 11, 2015 workshop on the budget
Beach Fund
City Manager Bornstein announced that the Fiscal Year 2015 budget document and five-year projections that were provided to the Commission and public showed a significant increase in revenues. He explained that there was a glitch in the budget spreadsheet formula, which caused the Beach Fund revenues to be overstated. He advised that the $500,000 revenue projection for Fiscal Year 2015 was wrong and that there was no Beach Fund revenue surplus.

Commissioner Maier asked if the Beach Fund was in the red or black at the end of the last fiscal year. City Manager Bornstein replied that the Fund was in the black by $471,000.

Lake Worth 2016 Budget and Millage - Our Tax and Spend Commission



Tonight there will be the First Public Hearing to set the 2016 budget. Originally I reported there was no back-up--Correction--the city added some budget summaries for the most important decision of the year, you, Joe Public, might not have to read the 2015/2016 Draft Budget which is 262 pages. When you do open the document, you can't find a thing. Try doing a search. They eliminated this function several years ago. But even if you read it, you will then have to download last year's budget in order to compare the two--an impossible feat to say the least.

The City obviously is not counting the First Public Hearing in its notice to the public. Fl Statutes says within 15 days after the meeting adopting the tentative budget (so that must be tonight as consensus was only agreed in Workshops--no vote), the taxing authority shall advertise in a newspaper of general circulation in the county as provided in subsection (3), its intent to finally adopt a millage rate and budget. A public hearing to finalize the budget and adopt a millage rate shall be held not less than 2 days nor more than 5 days after the day that the advertisement is first published. So Joe Public will not really know about this Budget until the 2nd Public Reading that will be pushed through and decided tonight.

Items that are really "sticky" are never discussed or just casually mentioned such as union retirement benefits that are costing us an arm and a leg. No one talked about legal fees and what that is costing the city. This commission raised employee salaries by 4%...probably do to smart politics with elections on the horizon. This cost is nearly double what we will receive in added ad valorem taxes. The PBSO contract is going up 1% and crime is out of control. 

The budget is prepared by the various department heads--it is all about what they want for the coming year. It is up to the commission to say "yes," "no," or make adjustments during the Workshop sessions which is a process where the public is not allowed to speak a word...the very people who pay for it all. But this is a tax and spend commission (think of the beach fund budget where Maxwell and Triolo wanted us to be in the hole of over 400,000 a year).

This budget projects a deficit of $633,977 but will be corrected by the use of savings and of FB balance. This "visionary" is not interested in public input.

So, basically, we all are at the mercy of the city manager and his staff  because three commissioners  follow their lead. We know how all of that goes: suggested general obligation bond for $63 million, a 30 year contract with Siemens for $32.5 million, every business license fee up 5%, water up 3.5%, The certified taxable value of real and personal property within the City of Lake Worth increased by $125,079,569 or 10.47%. The city has elected to not roll-back the rate to reflect the increased property values. Therefore, you will also be paying more in ad valorem taxes this year in spite of the following rates staying the same:

Millage rate: 5.4945
County Fire MSTU millage: 3.4581

Tuesday, July 14, 2015

Lake Worth Commission to vote on millage

Comment Up

Tonight, the commission will be voting on the millage--the rate that you will pay in ad-valorem taxes.

They have proposed the following:
OPERATING: 5.4945
MSTU: 3.4581 mils
TOTAL:  8.9526
This is the same as last year although the Roll-Back millage is 5.0628. The city reports that we will be getting around $424,000 in additional tax money than we did last year.

So, when this commission tells you that they are NOT RAISING TAXES, and they will be telling you that, don't believe them. Every business fee imaginable is being raised by 5% and the city must have additional revenue to meet their growing expenses and account for the raises they just gave to their top departmental heads.  You want to bring your family to the beach?  Well, parking fees are going up too, unless this commission has the cojones to vote the suggestion down and stop nickle and diming the residents.

Wednesday, October 22, 2014

Some Highlights from last night's Lake Worth City Commission meeting

It was raining so hard last night that I missed attending this meeting, one of the few in recent memory.  Instead, I watched on-line.  You always miss things when you stay at home. Some Highlights of last night's meeting:


INVOCATION:
Given by Elisa Stewart of the Religious Society of Friends...not a prayer but a short speech giving a message to the dais and to the people to listen to the opposition.  "We must get out of our safe forums and our seminars...sit down face to face with our opposition...We must listen to the truth in our opponent and we must acknowledge it....then we must listen; we must listen and listen and listen."

I thought this an excellent message and one that is very necessary at the moment.  This is two invocations in a row that had powerful messages. However, the mayor lashed out at Christopher McVoy for not appointing a board member quickly enough and John Szerdi wanted the question called on Ordinance 2014-32 on LDR's as McVoy was giving his opinion that did not coincide with his. Elisa Stewart's profound message was short-lived.


CONSENT AGENDA:
B
The roll-back  millage rate was corrected from $5.0197 mils per $1,000 of assessed valuation to 5.0731 which is 8.307% more.

F
Sam Goodstein was re-appointed to the Library Board by commissioner Amoroso--a very good thing. Also, Amoroso appointed Jason Robinson to the Finance Advisory Board.


NEW BUSINESS:

1)
Germaine English, Human Resource Director, is re-organizing her department and has requested adding one new employee to her department, an assistant human resource director. The creation of the Assistant Human Resource Director will provide various functions currently not or under addressed within the Department. This change is within the current budgeted amounts and will not exceed the current departmental budget. 5/0 vote.

2)
Code Enforcement Compliance Program was discussed in length (nearly 2 hours). About 14% of the properties are either abandoned or in foreclosure.  The city has 1,700 code cases with seven code officers.  They are close to being over-whelmed.  The Code Department's objectives and goals are (a) being efficient (b) being effective (c) being expeditious and (d) equitable.  The Code Compliance Division through the Community Sustainability Department undertook an exhaustive study of the City's current codes and initiated a series of changes including more than 40 ordinance changes. New or revamped programs include Nuisance Abatement, Chronic Nuisance and Vacant Property Registration.  This is to let people know the process. There is nothing in Florida law that will make people take care of their property but the city can eventually seize non-homesteaded property.  The city is divided into 7 zones and each code officer is assigned to one zone to work. 5/0 vote.

3)
The property owner of 2269 2nd Avenue North wants to voluntarily annex a 2.301 acre parcel of land. The request for annexation falls within the scope of a small-scale comprehensive plan amendment. The City’s Industrial (I) Future Land Use designation is compatible with the County’s existing Land Use designation of Industrial (IND). The City’s Industrial – Park of Commerce (I-POC) zoning category is the appropriate zoning category to implement the proposed underlying Land Use category of Industrial. 5/0 vote

4)
In 2013, the City Commission adopted Ordinance No. 2013-21 which created a new board appointment process to allow vacancies and appointments to be filled on an as needed basis throughout the year. The former process only allowed for appointments to be made during the month of June. Since that time, staff has had an opportunity to monitor the process and is suggesting the proposed ordinance be adopted. This Ordinance clarifies the appointment order hierarchy for elected officials, establishes a time-frame to appoint members within 30 days of notice from the City Clerk or her designee, and adds a provision to allow other elected officials to make appointments (if an elected official fails to timely appoint). McVoy stated for the record that he was against the current process and that it lacked transparency.  Szerdi said it was as transparent as you wanted it to be.  Motion passed on a 4/1 vote. I agree with Commissioner McVoy and Loretta Sharpe...go back to the old appointment process where everything was out in the open with the public invited to observe and all commissioners got to weigh in on the appointments.

5)
Ordinance 2014-34--This ordinance provides for a definition of panhandling and specifies the locations where panhandling is prohibited, which are primarily places where a person cannot readily escape from the unwanted solicitation, such as sidewalk cafes, ATMs, entrances/exits to buildings and parking areas. The ordinance also provides a definition of aggressive panhandling, which is primarily soliciting money in a threatening manner or after a negative response to an initial act of solicitation. This type of panhandling is banned throughout the city. If it is non-aggressive, panhandlers have first amendment rights per the city attorney.  Commissioner Amoroso admits that panhandlers have become very aggressive and asks about the penalties and what PBSO will be able to do. They will able to issue a notice to appear, fine of $500 or possible jail time of 60 days.  5/0 vote.  Several business owners spoke out about this deplorable situation. As far as I am concerned, any stranger who approaches me is "aggressive" by the very nature of his actions. They may have rights, as commissioner Amoroso stated, but I don't believe they have rights to hassle me for money or be in my face.

Tuesday, July 8, 2014

Lake Worth - Grabbing the cash

Comment Up
Grabbing the cash

Because property values are up 9.1%, and Scott Maxwell has hinted about rolling back our millage rate, the recommendation by staff is to keep it the same as last year which means you will be paying more. If Maxwell speaks out, it will only be one voice blowing in the wind. McVoy is on some religious retreat. The only religion that we all can equate to at this moment, is fairness in taxation and living within our means.

SUMMARY (on tonight's Agenda):
This Resolution will establish the Proposed Tentative Millage Rate of 5.4945, the same rate in the current Fiscal Year budget.

Based on information from the Palm Beach County Property Appraiser’s Office, the FY 2015 Operating RollBack Millage is 5.0197. This Operating Roll-Back Millage is the millage rate that will generate the same property tax revenue that was generated in FY 2014. But Lake Worth, the tax and spend city, wants to tax you .4748 mills more than they have to tax.

The City says, with the inclusion of the County Fire MSTU millage 3.4581, the maximum available Operating Millage cannot exceed 6.5419 mills. This year continues a trend that began last year with an increase in the taxable value of real and personal property (9.71%). (Last night's budget presentation used the figure of 9.1%). This rate will result in an increase in the actual tax revenue collected. The 9.71% is the total increase in taxable value (including CRA district). The increase attributable to the City outside the CRA is 8.41%.

Even though they want you to fund a $63.5 MILLION General Obligation Bond for 30 plus years, they do not want to rollback the millage rate...they can't afford to. They need to grab as much cash as they possibly can. After all, our "uncontrollable costs" are estimated at 67.9% of our revenue for year 2015 out of our operating budget and according to our Finance Director, after next year if we continue to use reserves, we will have an unsustainable fund balance.

The city needs all of the tax revenue it can get. 

Thursday, June 26, 2014

Lake Worth's Ballot Referendum - The Facts

Comment Up

Below are the particulars on the 30 year General Obligation Bond(s):









Assumes 30 Year Financings:





Year
AV Growth
Project Amount
Issuance Date
Annual Debt Service
Millage
Par Amount

2015
8.00%
28,000,000
6/1/2015
1,945,000
1.66
28,300,000

2016
4.00%






2017
4.00%
14,300,000
6/1/2017
1,005,000
2.33
14,600,000



2018
4.00%




2019
4.00%
20,000,000
6/1/2019
1,400,000
3.18
20,300,000



62,300,000



63,200,000









As previously mentioned, the city has thrown in another $300,000 for good measure. Please note the 30 years starts when the city finances the project amount, i.e. in 2019 the pay-out will be 30 years from that date or 2049.

The largest percentage of property owners have property valued between $10,000 up to $50,000. Based on last year's values, 08.66% of the city has a property assessed at (after deducting homestead), between $40,000 and $50,000. If your assessed value is $50,000 and your property NEVER APPRECIATES, you will be paying an  additional $159.00 a year starting in the 5th year for 30 years not to mention what you have already paid for the first 4 years.

Don't forget--the city is only doing 30% of the roads.  What happens a few years from now and they have that "ooops" moment and they tell us that they really must re-do another 30% of the roads. Infrastructure is collapsing all across the country. What are other cities doing? Last evening, the History channel had a movie on America's infrastructure and mentioned that it usually only lasts 50 years. Are we going to build up reserves to save for this day that will surely come or will commissioners still keep their travel budget a priority?

Sunday, June 22, 2014

Scott Maxwell - He was Against it before he was For it

Comment Up

Now that we are going through budget discussion it brings to mind September 2011 when Scott Maxwell was against just about everything when it came to the budget. He was just plain ornery in general. If the "other" side wanted it, he was against it. It was his belief that he was sitting on the dais with a bunch of tree huggers, anarchists, socialists and people who just wanted the worst for our city. Of course, it was under their leadership that we finally got out of the red.

In that year we were actually spending less than revenues for the second time since 2006.  Scott was irate and put on a good show that was all political pandering to his political base. He couldn't stand Stanton and disapproved of anything and everything that she was trying to accomplish to get our city out of the black hole in order to get our city healthy. He told everyone that and politically undermined the majority.

In a scornful way, Maxwell said that "Government likes to spend money. We have discovered a new source of revenue to spend more money."

An assessment for fire pensions was the narrative of the day and Maxwell was ticked...so was I but not for the same reason as he. This was to cover PENSIONS, not fire services.  Maxwell never suggested that the millage be reduced back then to accommodate this fire assessment. Although he was against the tax, he said that he thought it fair that every property owner pay the same fee as they were getting the same service.  What service?  It was for freaking pensions.  And he has said that this "fairness" is what he believes in for the 2014 infrastructure money grab as well.

Back then the City hired Government Services Group to conduct a Study (using taxpayers money) to be used against us to see how much more the city manager, Susan Stanton, could assess and what she could legally get away with. The City's goal was to have a street light assessment implemented on October 1, 2011  according to the city's directive. The city commission had agreed with this assessment too, another thing that I was against.

Back then, Maxwell also dissented on the Capital Improvement Program for 2012/2016 (5 year plan) approval of $58,264,983 passed 4/1. Now what does he support with gusto?  He has suggested that he is all for reducing the millage rate and is all in favor of a new source of revenue where every parcel of property will be tied up in debt for over thirty years for? You got it--capital improvements to the tune of $63.5 million. The big difference is grabbing the money all at once. He is all for the biggest capital improvement plan in 100 years.

As a self-proclaimed fiscal conservative, he's not screaming now against more taxes. Now who's disingenuous?


Wednesday, June 4, 2014

$40.7 million more in taxes to Palm Beach County

Comment Up

Not only is Lake Worth trying to stick it to you, but you will be paying higher taxes to the County. The PBSO is trying to take most of this revenue increase by asking for $22 million more and analysts figure the sheriff’s budget would actually increase by $32.6 million when other increases are taken into account. Scott Maxwell threw the residents a bone last night when he said, as property values rise, give it back to the taxpayers by way of a millage reduction.  Hold his feet to the fire.

County’s new budget: Same tax rate, higher prop values = higher taxes

By Christine Stapleton
Palm Beach Post Staff Writer
Palm Beach County’s tax rate will not increase under the $1.1 billion 2015 budget proposal released this morning. Although the tax rate would remain the same, tax bills could rise for property owners whose taxable value has increased, which is likely since the overall taxable value for all cities and the unincorporated county has increased since last year. The proposal is balanced at the current tax rate, which is expected to generate $663.9 million — $40.7 more than this year’s budget.

Read the rest of the story...

Wednesday, April 9, 2014

Comprehensive Workshop on the Road Infrastructure Plan

Comment Up
After 50 years of neglecting our infrastructure,
 we want it all replaced now!

For the tax year 2013, the commission voted to set the millage rate which came to a total millage of 8.9526 which includes 5.4945 for operating and 3.4581 for MSTU-Fire according to the Property Appraiser's office. Because our property values increased, the roll-back rate was 5.2652 but they did not elect to roll it back. This amounted to a 4.35% tax increase. They did the same thing the year before and the property owners were taxed at a rate of 4.81% more because of increased property values. After paying county taxes that included, children's Services, F.I.N.D., etc., our total millage rate was 23.7518. We had paid off our bond debt the year before.

So that means for every $1,000 of property value, you paid $23.75. We weren't the highest taxed city in the County but right up there.  By law, the city can not levy taxes over 10 mills UNLESS the residents vote to do so.

Last night we were presented, once again, with a financing plan for the Road Restructuring Plan or 2020 Plan. On July 15th, 2014, the commission will set the millage rate. On August 25th, the County's Property Appraiser will mail the Truth in millage (TRIM) notice to all property owners in Lake Worth.

The very next day, August 26, 2014, the city wants a referendum on the Lake Worth 2020 capital improvement plan and will be asking you to vote above the 10 mill cap of a high end of an additional 3.64 mills. There are three different scenarios--one with 0% of a general obligation bond and increasing our water cost by 16%; 50% GO funding and an 8% increase in water. No one in the room, when asked, could answer the question on the water rate increase which was 10.25% in 2012 with no increase for last year. This is the trouble when you get new people in charge...there is a huge learning curve. Still, the commission should have remembered this important point as it was they who voted for it. Another option is one with 100% general obligation bond that will pay for their every desire.

So, what they want, and what the electorate wants may be two different results when it comes to election day.

Tuesday, October 1, 2013

Last Night City Commission Special Meeting

Comment Up

Last night's special city commission lasted all of eleven minutes. The millage of 5.4945 was passed along with the budget of $196,249,345. Much of the eleven minutes was devoted to potholes--what do do and when. There will be a workshop meeting on October 8 to discuss and to get input on how the city should approach what the city manager describes as "a serious problem throughout the city."

A few of the interesting comments from last night:
"The little boogers are growing every day."
Vice Mayor Maxwell speaking to the pothole problem in our city.

"Within $9 million--fairly similar."
Commissioner Chris McVoy asked what our budget was set at for 2013. The Finance Director gave him the figure of $187,588,743.
It was a great question but it was totally dropped and no explanation was given. That is a difference of $8.6 million from last year to this year. There is NOTHING similar about this year's budget and last year's budget. Now if we were talking about tens of thousands and not MILLIONS, I would agree. Since we are bringing in $258,000 more this year than last year, how does this work out? Tell us, commissioners.

Monday, September 30, 2013

Lake Worth Budget Summary

Comment Up

There is a city commission meeting tonight, the 2nd public hearing on setting the millage and approving the budget. This meeting should take all of 5 minutes.

The first one; the wrong one

One week later. Note--not one number is the same on the corrected Notice of Proposed Tax increase depicted below. Tonight the commission will vote to accept the Budget and the general city millage rate at the 2nd Public Hearing.

As one person said to me, "Why would the city publish a corrected TRIM notice informing the public of its taxes and allow, once again, an erroneous figure even if Florida law allows a discrepancy within 5% of the true figures. Why would you use a false figure to begin with rather than the true figure?" As the Finance Director explains it, "The $5,788, 123( in the budget) is 95% of the $6,036,864 (this year’s proposed tax levy) plus a small amount  estimated  for delinquent tax payments. No wonder the public is confused.