City Commission Votes To Not Increase Millage Rate In West Park

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.

City Commission Votes To Not Increase Millage Rate In West Park

 

 

 

 

 

City Commission Votes To Not Increase Millage Rate In West Park

 

 

 

 

 

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.

City Commission Votes To Not Increase Millage Rate In West Park

 

 

 

 

 

 

 

 

 

 

 

 

Where do your Property Taxes Go

Millage Rate History

City Commission Votes To Not Increase Millage Rate In West Park

 

 

 

 

 

History of Ad Valorem Revenue

City Commission Votes To Not Increase Millage Rate In West Park


Connect To Your Customers & Grow Your Business

Click Here

Print Friendly

Be the first to comment on "City Commission Votes To Not Increase Millage Rate In West Park"

Leave a comment

Your email address will not be published.


*