August 28, 2026 - Lake Worth Beach City Commission Pre-agenda workshop and Budget Workshop #4

The City of Lake Worth Beach held a pre-agenda and budget workshop on August 28, 2026, focusing extensively on budget allocations, contract discussions, and capital improvement projects. Key procurement-related topics included a detailed review of the indirect cost allocation study led by Stantech, which updated the methodology for allocating general fund costs to enterprise funds such as electric, water, and sewer, resulting in a net decrease of about $1.3 million in general fund reimbursement. The commission discussed proposed utility rate increases, with consensus reached to maintain a 3% increase for electric rates to stay competitive with Florida Power and Light, a 4% increase for water, and a 5% increase for local sewer, aligning with cost of service recommendations. Parking rate adjustments were also considered, including raising weekday parking to $4 and weekend parking to $4.50 with 30-minute increments, aiming to improve revenue and public convenience. Capital improvement projects, including irrigation upgrades at the golf course and security ballards for Brian Park, were reviewed with consensus to approve pending safety confirmation from PBSO. The commission debated the implications of property tax amendments on funding infrastructure projects, highlighting the need for potential bond issuance to cover an $80 million road repair plan. Additionally, a supplemental budget of approximately $41,000 was proposed for a third-party cost of service study for solid waste and recycling services. Several procedural concerns were raised regarding contract backup material availability and adherence to commission rules, particularly related to a law enforcement agreement. Overall, the meeting emphasized fiscal responsibility, infrastructure investment, and strategic planning for future procurement and budgeting activities.