The Palm Beach Post

Posts Tagged ‘net worth’

4 of 5 St. Lucie commissioners feel economy’s sting with decline in net worth

Friday, July 31st, 2009 by TCPalm.com

ST. LUCIE COUNTY — Four of the five commissioners who oversee the county’s $587 million budget suffered personal declines in their net worth last year.

Commission Chairwoman Paula Lewis, on the board since 1996, was the only one to record an increase, growing nearly $20,000, even as her home dipped in value by $10,000 and liabilities grew by $3,000.

The largest drop was recorded by Commissioner Chris Dzadovsky, who was elected to the board in 2008. He saw his net worth down nearly $200,000 from the prior year, with real estate being the biggest reason. His two residential properties in Fort Pierce lost a combined $185,063 in value from 2007 to 2008. (more…)

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