Economic growth is more important than ever now. This past year, we promoted increased international investment, started a high-tech incubator and helped spearhead new business development and diversification.
This truly has been a can-do commission.
Let me thank my colleagues — Vice Mayor Steve Glassman and commissioners Heather Moraitis, Robert McKinzie and Ben Sorensen — for their dedication. Credit also goes to City Manager Chris Lagerbloom and his staff. We make a great team.
Particular progress has been made regarding our city infrastructure. Under a very aggressive schedule set by this commission, there are more than 150 projects underway to bring our water and sewer systems up to date.
Old sewer and water lines are being replaced, and others reinforced. New lift stations have been built, including one to increase capacity in our growing downtown.
Special accolades go to the rapid work to replace the 50-year-old sewer main in our city’s core. Two contractors have been working simultaneously to get this job done as fast as possible — and with as little neighborhood disruption as possible.
Plans are underway to build a bigger and better water treatment plant. To ensure a sufficient water supply well into the future, we’ve purchased options to tap a reservoir being built in Palm Beach County.
I’m also pleased to report that the state of the city finances is healthy.
Despite the challenges presented by COVID-19, we’ve maintained the same low property tax rate for 14 consecutive years. And, we have good reserves to deal with any crisis.
Our credit rating is very strong. Wall Street recently boosted it to the highest possible, AAA. We ended the long-standing practice of raiding utility reserves to balance the budget. That money now is being spent on improving our infrastructure.
And, we reformed our impact fees, increasing what the city charges developers for the first time in 15 years. Now, new construction projects pay their fair share of the cost of utility upgrades.
This city is taking its commitment to the environment seriously.
We have fast-tracked work to clean up George English Lake and the Tarpon River and address the sewage spills caused by recent pipe breaks. We are talking to experts about other steps to clean our waterways including an innovative approach of skimming pollutants from water surfaces. We plan to start weekly testing of waterway cleanliness this fiscal year.
But that’s not all.
We’ve begun regular inspections to detect and mitigate algae blooms. And, we’ve prohibited the use of fertilizer during the rainy season and banned the use of plastic straws in restaurants — all to ensure the Venice of America is as pristine as possible.
As a coastal community, Fort Lauderdale has felt the impact of climate change. Addressing the frequent flooding is a key priority.
Construction is commencing to better protect low-lying neighborhoods by adding tidal control valves, storm drain systems, pump stations and catch basins. And, we are building new seawalls.