Our Broward County Commissioner Lamar Fisher provides The Galt with updated information about what’s happening in Broward County.
The Broward County Commission recently approved the FY 2026 budget with a modest reduction in the County’s millage rate, with the support of Commissioner Fisher. We set a new millage rate, at 5.6658 mills, which is the first decrease in 8 years. The good news is that Broward County continues to have a strong financial position for FY26. The County has paid off all General Obligation debt, while maintaining a “AAA” credit rating with all three major credit rating agencies.
Approximately 25% or one-quarter, of your property taxes support the county services provided county-wide. The remaining portions are distributed as follows: 32% to the school board; 26% to city-level services; 4% to hospitals and 13% to water and other special districts. As residents review their TRIM Notices, it is important to understand that it contains the tax rates set by several taxing agencies. I encourage all property owners to visit the Marty Kiar – Broward County Property Appraiser website, which provides a great overview about property taxes, assessed values, millage rates and more.
Click here to read the full newsletter, which contains a number of events and reminders about happenings in the county, with links to additional information.