Lantana budget update

Tentative tax rate: $3.24 per $1,000 assessed property value*
2009-10 tax rate: $3.24 per $1,000 assessed property value
Change in property value: 17 percent decrease
Total Budget (Operating and Capital): $7.8 million general fund expenditures
Total proposed cuts/savings: The town made $450,000 in cuts to balance the budget.
What’s at stake: Continued suspension of staff cost of living increases and merit raises; shift in police personnel to include retirement of chief, promotion of captain and elimination of one position. A total staff cuts of four positions, including the mentioned police changes. Minimal costs budgeted to operate the Sports Complex. No money for Winterfest or fireworks is budgeted.
Quotes: “This budget does take out all the fluff, any basic nice little things that we try to do in the town. There are no extras, we’re just providing basic services to keep the tax the same.” — Mayor David Stewart
Public hearings: 6:30 p.m., Sept. 13 and Sept. 27
*Tax rate may be lowered, but not raised at the September hearings.
NOTE: Percentage of property value decrease as per Palm Beach County Preliminary Tax Roll Comparison, July 1, 2010.
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