As part of the September LID 19 Board of Directors Meeting, the board voted to lower the LID tax rate from 68 cents down to 56 cents per $100 of assessed value for the 2020 tax year. This change will be a total tax rate reduction of approximately 18% for residents.
The District is primarily responsible for overseeing storm drainage and maintaining the levee system that protects homes from rising water. The District is also working to implement major capital improvements that increase resilience against flooding. The lowered tax rate will still allow the District to continue to provide these improvements and services while also paying down the District’s debt.
District residents are encouraged to stay tuned to www.fblid19.com for news in the District and follow the District Facebook page for updates.