Sunday, August 4, 2019

Proposed 2020 Tax Budgets for Lake Residents & Voting Procedures!


The Lake Tibet Advisory Committee is proposing two tax budget amounts for 2020 for Lake Tibet Park District No. 2, to be voted on by each household. This tax is collected and held by the Town of Kent. The tax funds are managed by the Lake Tibet Advisory Committee with the approval of the Kent Town Board.

The Advisory Committee has established the following objectives for the park district:
  • Removal of aquatic vegetation within the lake to increase the usability of the lake and beach area;
  • Beautification of the common areas; and
  • To establish and maintain a greater sense of community for our residents.

 To achieve these objectives, there are two proposed tax budgets:
·        Budget A for $15,000; and
·        Budget B for $20,000.

For comparison purposes, the individual household contribution for Budget A - $15,000 would be approximately $225 and for Budget B - $20,000 would be approximately $300 for a property assessed at $300,000.

These lake association fees collected from the Lake Tibet residents will be used for the following in 2020:
  •        Continued lake management (e.g., aquatic vegetation removal via suctioning, hydro-raking, etc.) and associated permits;
  •         Continued lake monitoring (e.g., water quality sampling, assessment activities, etc.);
  •        Beach area construction and maintenance;
  •        Ongoing landscaping in common areas; and
  •        Social events.

The projected expenditure total for 2020 is estimated to be approximately $40,000.  Neither of the budgets will cover the expenditures in 2020; however, monies from the current reserve will be used to fund these expenditures.  The higher budget amount (Budget B for $20,000) will allow for the overall total funds of Lake Tibet to be more replenished more quickly.


Instructions for Voting:
  •    Ballots were mailed on Sunday, August 3, 2019 to residents.
  •    Please note that only one vote will be counted from each household.
  •    Please return your ballot to the Town of Kent Town Hall using the self-addressed stampe envelope provided (or in person) by August 23, 2019. 
  •   Vote for either Budget A or Budget B.      


If you have any questions, please email the Advisory Committee at laketibetny@gmail.com.

Thank you and enjoy the rest of the summer!