By Bryan Boggiano
This article was updated to state tax rates are planned to remain the same, but the amount that property owners can expect to pay will increase due to increasing property values.
The Parkland City Commission discussed the preliminary 2024 budget at their July 12 meeting, addressing everything from utility assessments to the millage rate.
Tentatively, the millage rate will remain at 4.2979. Despite this, property owners will see taxes increase due to increasing property values. Ad valorem revenue will increase the city budget by $30,908,512, representing a 13.9 percent increase from the previous year.
City staff also reviewed a rolled-back millage rate of 4.1350 and a maximum of 4.677.
According to city documents, the Florida Department of Revenue millage forms must be submitted to the Broward County Property Appraiser’s Office by Aug. 4. Those forms set the maximum-allowed millage rate and ultimately determine what residents will see in their TRIM notices in August.
The preliminary fire rescue assessment rate represents a roughly three percent increase from 2022. If approved, residential properties would pay $298.70 annually. City officials say this is still less than the countywide average of $317.36.
Commercial properties would pay $0.7063 per square foot, and institutional properties would pay $0.3764 per square foot.
Solid waste assessments would increase at a similar rate, up 3.5 percent from the previous year, going from $417 to $431.64.
The commission also discussed the stormwater assessment fee, which passed in June. The fee came in response to a study from Keith Engineering and CDM Smith that examined the city’s existing stormwater infrastructure. The study determined Parkland needed to update its stormwater systems to mitigate any potential flooding.
For single-family residential properties, the preliminary fees vary by water district. Houses in every stormwater service area except for the Ranches Stormwater Service Area would pay $37.44. Taxpayers in The Ranches can expect a bill of about $172.20.
Each item received unanimous support from the city commission, except for one. The fire assessment’s preliminary rate passed 4-1, with Commissioner Bob Mayersohn opposing.
Mayersohn said he does not oppose the fee itself, but he would like to see the city potentially look at creating a fire district with Coral Springs and Coconut Creek. That, he said, would cover fire assessment and EMS fees. The latter, he said, is not included in the city’s proposed total.
To further discuss the city’s 2024 budget, the commission will have a budget workshop meeting on Aug. 16, starting at 5 p.m. They will have their first reading on the items at their Sept. 13 meeting, beginning at 7 p.m. The final reading and vote will take place on Sept. 20, starting at 6 p.m.
Send your news to Parkland’s #1 Award-Winning News Source, Parkland Talk. Don’t miss reading Tamarac Talk, Coral Springs Talk, Coconut Creek Talk, and Margate Talk.
Author Profile
Related