BROWARD COUNTY, FL- Broward County Commissioners successfully passed the Fiscal Year 2024 budget without raising the tax rate.  The budget totals $8.7 billion in tax supported and non-tax supported funds.  The millage rate is set at 5.6690.

"Next year's budget for Broward County's residents represents deliberate, thoughtful and financially responsible decisions to ensure our community receives the services it needs and deserves. I appreciate the input we received from our residents and the tough decisions our Board and County Administrator had to make to get us to a fair and balanced budget," said Broward County Mayor Lamar P. Fisher.

The FY24 budget follows the priorities set by the Commission:

• To address housing costs, $20 million of funding is included for affordable housing, together with $1.3 million for 30 to 40 new permanent supportive housing units.
• This budget includes a significant increase for the Broward Sheriff's Office with a focus on priorities identified by the Sheriff and shared by the Commission. An additional $15 million is also included in the budget for the replacement of a Fire Rescue helicopter.
• The Capital Budget includes significant funding for the PREMO Plan transportation projects, together with Airport and Seaport capital projects that all further the goal of improving connections among and between Port Everglades, the Fort Lauderdale-Hollywood International Airport and The Greater Fort Lauderdale Convention Center and Convention Center Hotel.
• The Strategic Job Creation Incentive program that focuses on high-wage job creation, is funded for $1 million in FY24.
• To promote film production in Broward County, $2 million is added to attract projects by a high-level production studio.
• With the opening of the new Nancy J. Cotterman Center later in 2023, additional funding is added to the budget to ensure the successful launch of the new facility.
• The County's participation in solid waste management continues with a $500,000 appropriation for the County's share of costs of a Master Plan and the County's share of three years of anticipated start-up costs at $25,000 per year.

The Fiscal Year 2024 budget continues funding for quality public services such as emergency operations and preparedness, environmental protection, medical examiner services, building code enforcement, health services, water and wastewater services, animal care, programs to assist children, families and the elderly, parks and recreation and money needed to maintain public buildings and libraries.

Although the millage rate will stay the same as it is this year, homeowners may see an increase in property taxes as the value of their property increases.  Homesteaded properties are expected to see increases in assessed values of 3% due to the "Save Our Homes" provision. Fiscal Year 2024 begins on October 1, 2023.

September 22, 2023

MEDIA CONTACT: 
Kimberly Maroe
Broward County Commission Media Relations/PIO
Office of Public Communications 
(954) 357-8053