The two Lantana Fresh Water Supply District boards in September approved their respective 2019-20 fiscal year budgets.
Expected revenues for FWSD #6 and #7 for the 12-month period that started Oct. 1 are $10.8 million and combined expenses are budgeted at $10.4 million. Water, sewer, solid waste and landscaping make up the largest portion of expenses.
The budget includes a 4-percent raise for employees. The districts currently employ 10 full-time staff members.
The boards also approved a $1 per month trash service rate increase and a $1 per month wastewater base rate increase effective Oct. 1 to cover the increase passed on by the Upper Trinity Regional Water District.
FWSD #7’s property tax rate will drop from 95 to 90 cents per $100 of valuation. FWSD #6’s rate will be reduced from 95 to 85 cents. On a $400,000 house in Lantana, the new tax rates mean a savings of about $200 a year in District 7 and $400 in District 6.
The boards meet monthly at the Lantana District Office in Bartonville Town Center. Visit lantanatx.org or call 940-728-5050 for more information.
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