Your LDWCID Board held a public hearing September 21, 2021 regarding the adoption of the final tax rates for the 2021 Tax Year. The new tax rates will be 20 cents per hundred dollar tax valuation (10 cents for the maintenance tax plus 10 cents for the contract tax). The maintenance tax is for the operation of the LDWCID while the contract tax covers the payment of debt service to GBRA for the borrowed funds to repair the dam. The tax rates have been forwarded to the County for inclusion in the upcoming tax renditions. We also approved the District Information Form which is supplied to prospective property buyers within the District to inform them of the LDWCID Tax. In addition, we adopted our formal 2021-2022 budget.