LAKE WORTH DRAINAGE DISTRICT NOTICE OF PUBLIC HEARINGThe Lake Worth Drainage District Board of Supervisors will hold a Public Hearing on the Fiscal Year (FY) 2025 preliminary budget on Tuesday, August 14, 2024 at 8:30 a.m. at the District office, 13081 South Military Trail, Delray Beach, Florida 33484. The purpose of the Public Hearing is to receive comments from the public on the preliminary budget prior to taking final action at the Districts Board Meeting on Wednesday, August 14, 2024. The Board of Supervisors may amend or alter the preliminary budget at the hearing. A copy of the meeting agenda may be obtained on the Districts website at www.lwdd.net 7 days before the meeting. The Lake Worth Drainage District is a special taxing district with the authority to collect non-ad valorem assessments from landowners within its jurisdiction. On July 17, 2024, at the regular meeting of the Board of Supervisors, the Districts Executive Director presented the following preliminary budget for the operation of the District for the Fiscal Year 2025. The FY2025 begins October 1, 2024 and ends September 30, 2025. For FY2025, the assessment rate will be $48.50/acre or portion thereof. There is a decrease of $1.00 in the assessment rate from FY2024. The non-ad valorem assessment is included in the Notices of Proposed and Actual Property Taxes distributed by the Palm Beach County Property Appraiser and collected by the Palm Beach County Tax Collector. REVENUES NON - AD VALOREM ASSESSMENTS $15,899,000 DISCOUNT ON ASSESSMENTS (636,000) COMMISSIONS - TAX COLLECTOR (158,900) TAX ROLL PREPARATION - PROPERTY APPRAISER (200) TAX ROLL PROCESSING - INFORMATION SYSTEMS SERVICES (4,000) DELINQUENT ASSESSMENTS, COMMISSION REFUNDS 60,000_____________ 15,159,900 FEES 502,500 OTHER 221,000 CARRYFORWARD OF PRIOR YEAR SURPLUS 1,465,600__________________ TOTAL REVENUES $17,349,000____________________________________ EXPENDITURES SALARIES AND BENEFITS$9,478,000 ADMINISTRATIVE 590,000 UTILITIES 343,000 FIELD OPERATIONS & MAINTENANCE 2,972,000 EXPENDABLES 578,000 CONTRACT WORK 1,148,000 CAPITAL EXPENDITURES 2,240,000__________________ TOTAL EXPENDITURES $17,349,000____________________________________ Pursuant to the provisions of the Americans with Disabilities Act, persons requiring special accommodations or an interpreter to participate in these meetings is asked to advise the District at least 7 days before the meeting by contacting Sandra Acosta at 561.498.5363. Lake Worth Drainage District Karen M. Hoyt, Treasurer Publish: July 29, 2024 7/29/24 7672607