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City of Lake Worth releases Bond Tax Calculator

Posted: 11:52 PM, Sep 28, 2016
Updated: 2016-09-28 23:52:45-04

A crucial vote deciding the fate of Lake Worth's roads is coming soon.

On November 8, voters will decide whether to approve a 40 million dollar bond referendum.

The city posted a tax calculator on their website to give residents the change to estimate how much more in taxes they would be paying the next few years.

"Time for new roads."

David Richert is clearly aware of the issue, but as he plugs in the taxable assessed value of his home he's not too thrilled about the dollar amount.

"Looking at $109 annually."

If the 40 million dollar bond is approved, all the money would fix the majority of roads in Lake Worth.

"I just feel bad that us the people are going to have to pick up the tab once gain" says RIchert.

However, Mike Luciano is okay with how much he would have to pay.

"$187," says Luciano. "It's not so bad for the service that we'll be getting. Think it will bring more investment."

City leaders say this is the best way to fix the deteriorating roads in Lake Worth.