By Jill Fox
Parkland property owners are likely to see an increase in their property taxes in 2022.
At Wednesday night’s meeting, the commission voted to retain the city staff’s recommended millage rate of 4.2979, which represents the amount per every $1,000 of a property’s assessed value and is used to calculate its taxes.
Although the rate remains the same, this decision would cost residents more in taxes due to an increase in the assessed value of their homes.
The average assessed home value in Parkland is $577,532. At the current millage rate of 4.2979, the average homeowner will pay an additional $65 in property taxes in 2022.
Last year, the commission decided to adopt a roll-back rate to show the residents some relief during Covid.
“Thankfully, the city has weathered the Covid storm very well,” said Finance Director Chris Johnson.
Now, in the midst of “a post-Covid economic recovery,” city staff and the commission will discuss future ways to raise the millage rate in strategic planning sessions next spring.
“We’re comfortable operationally, but it’s important to understand that we won’t be in two years,” said City Manager Nancy Morando, who projected a need to increase the millage rate in 2024.
Commissioner Ken Cutler wants to make sure that the commission is being proactive so as not to heavily impact the residents.
“I want to give kudos to Nancy and the staff for proposing a balanced budget on a reduced millage rate,” said Commissioner Simeon Brier. “Residents should be mindful of that and what goes into it.”
In a unanimous vote, the commission voted to keep the 4.2979 millage rate for 2022, which will increase Parkland’s yearly revenue by $1.38 million.
Also remaining the same is the proposed fire assessment fee for 2022, at $250 per residential unit.
The proposed solid waste assessment is $402.96 for each residential unit, representing a $13.68 increase over the 2021 adopted solid waste assessment.
Residents will see the projected costs on their TRIM notices, which will be mailed in August.
The next step in the budget process will be a residents’ workshop on Wednesday, August 11 at 6:00 p.m.
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Author Profile
- Jill Fox is an Emmy Award-winning writer and producer. She has worked in public relations and television for over 20 years. Fox lives in Parkland with her husband and their two children.
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