Members of the public wishing to comment on the proposed Broward County fiscal year 2017 budget will have an opportunity to do so on Thursday, September 15th and Tuesday, September 27th. Budget public hearings begin at 5:01PM and are held at the Broward Governmental Center, 115 S. Andrews Ave, Room 422 in Fort Lauderdale.
Broward County Commissioners have agreed to cut the property tax rate by one-percent in fiscal year 2017, meaning that most homeowners with a homestead exemption will see no increase on the county portion of their property tax bill. The proposed one-percent reduction sets the FY2017 millage rate at 5.669. Based on this recommended budget and millage rate reduction, the average homestead property taxpayer will pay no increased County property taxes. For some homeowners, the market value change in their properties coupled with the reduced millage rate will determine the amount of property taxes they will pay.
The total recommended budget for FY17 is $4.7 billion, which encompasses all tax supported and non-tax supported funds. Overall the total budget increases by $505 million with substantial funding provided for large projects at Port Everglades, the Fort Lauderdale Hollywood International Airport and Water and Wastewater services.