The City’s property tax rate for FY 2022 is 7.8966 mills which is the same as the FY 2021 total millage rate. This is made up of the operating millage of 7.4665, the capital renewal and replacement millage of 0.0145 and the voted debt service millage of 0.4156 mills.
The voted debt service millage is based upon the two General Obligation Bonds approved by a majority of the City residents in the November 2004 and March 2020, and is used to cover associated debt service payments due in FY 2022. 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.