LWDD ADOPTS FY25 BUDGET WITH DECREASE IN ANNUAL ASSESSMENT

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Delray Beach, FL, – The Lake Worth Drainage District Board of Supervisors approved its Fiscal Year 2025 (FY25) budget on Wednesday, August 14, 2024, totaling $17.3 million. A notable highlight of this budget is a reduction in the District’s non-ad valorem assessment rate, reducing it from $49.50 to $48.50 per acre of portion thereof. The budget reflects the District’s ongoing commitment to maintaining and improving infrastructure while responsibly considering the financial implications to landowners.

This reduction follows the successful completion of Phase I of the District’s canal rehabilitation program, an eight-year initiative during which over 180 miles of trees and vegetation were cleared from the canal rights-of-way. To expedite this critical work, the Board had previously approved an increase in the assessment rate, allowing the District to utilize contracted services for the rapid removal of vegetation. With the completion of Phase I, the Board is now able to fulfill its commitment to reduce the assessment rate.

“The completion of Phase I of our canal rehabilitation program is a major achievement for the District,” said Board President Steve Bedner. “We are proud to deliver both enhanced infrastructure and financial savings to our residents.”

The extensive canal rehabilitation efforts competed to date have positioned the District to better recover from major storm events. By clearing the canal right-of-way of hazardous vegetation, the District has significantly improved the capacity and efficiency of its water management system, enhancing resilience against future storms.

The FY25 budget ensures ongoing support for essential flood control and water supply services, and continued funding for Phase II of the District’s canal rehabilitation program. Phase II will focus on restoration of canal banks and the removal of unauthorized structural encroachments to re-establish sufficient and safe maintenance banks for enhanced flood control. For more information about the FY25 budget or the canal rehabilitation program, please visit www.lwdd.net or contact us at info@lwdd.net.