What is the City’s current property tax rate?

The City’s property tax rate for FY 2023 is 8.1548 mills which is an increase of  0.2582 mills compared to the FY 2022 total millage rate.  This is made up of the operating millage of 7.4665 and the voted debt service millage of 0.6883 mills.  


The voted debt service millage is based upon the two General Obligation Bonds approved by a majority of the City’s residents in November 2004 and March 2020 and is used to cover associated debt service payments due in FY 2023. It should be noted that there are additional tax assessments imposed by other taxing authorities that will be included in your tax bill such as Broward County, the Broward County School Board, the South Broward Hospital District, and various other taxing authorities.  All of these tax assessments comprise the total annual ad valorem taxes to be paid

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1. What is the City’s Adopted Budget?
2. By what date does the City’s Budget need to be adopted?
3. How much is the FY 2023 Adopted Budget?
4. What is a fiscal year?
5. What is a mill?
6. What is the City’s current property tax rate?
7. What is the difference between property taxes and ad valorem taxes?
8. For purposes of the City’s budget, what does debt mean?
9. What does debt service mean?
10. What is a Fund?
11. What is the City’s General Fund?
12. What is an Enterprise Fund?
13. What is the purpose of a Central Services Fund?
14. What is the purpose of the City’s Self Insurance Fund?
15. What is the Capital Improvement Plan (CIP)?
16. What is a capital project?
17. How many full-time employees work for the City?