Friday, May 28, 2010

Why was list of our City investments never shown ?

Lake Worth Finance Department presents a budget, with $2.500.000 deficit ,but no list of investments! No dividends? The new Utility Director stated in the paper that Lake Worth utility is Debt Free!!!!!

Every real Lake Worth Citizen knows that we borrowed(during Romano tenure)$69.000.000 with a 30 year loan. Rick Miller will give the details. we have a $1000.000 debt payment per year! To upgrade our Utility system and create our Reverse Osmoses plant with three wells.Did the finance Dept. keep up payments?
The Director finds a debt free Lake Worth Utility! How is that possible?

In the budgets no amounts were mentioned, how much we paid for rehabbing our Shuffle Board Court! What exactly did we pay for that we did not want to do for our 9000 Senior Citizens?
The Mentor Center rented out our Shuffleboard Court for parties and were discovered making money by chance by a watchful Citizen. They pay $1.00 per year and rent it out per party, like the Breakers does?For how much and why was the City not informed of this illegal activity? Because they are illegal they can do illegal things?
How many drug dealers have infiltrated our Court? Let us not be naive!
With unemployment at todays' level?
Why is that illegals meeting place still open. Any breach of the lease is reason to close it down and return it to Lake Worth Citizens and offices which need a good space in the Center of Town?

Dee McNamara, taxpayer since 1991

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