On September 20, 2017, the City Commission adopted the FY 2017-18 budget. The adopted budget provides a financial outline and basis for the upcoming year’s activities. The strategies used to develop the budget embrace the City’s core principles, which are rooted in the continuous engagement of our residents.
This year, the City experienced the highest net percentage change in taxable value in Broward County of 11.28%, with the estimated taxable value of $488,142,526.00. However, when all is said and done, adjustments in other revenue sources, without grants, resulted in an overall increase of only 3.54% over last year’s projections. The adopted budget is balanced and sufficient to meet this year’s operating goals and I am confident that that the City’s financial resources are being maximized.
To that end, the Fiscal Year 2017-2018 Budget of $16,846,313.00 based on ad valorem taxation millage rate of 8.65, which reflects no millage rate increase for West Park.
Where do your Property Taxes Go
Millage Rate History
History of Ad Valorem Revenue