Coconut Creek property owners will see a slight increase in their property taxes.
During the September 25 special meeting, the commission approved, on second and final reading, an ordinance to adopt the city’s ad valorem tax operating millage rate at 6.8988 mills for the 2025-2026 fiscal year. This is a 7 percent increase from last year’s rate of 6.4463.
Homeowners will pay more to fund the construction of a new Fire Station 113 and Fire Administration Building, which is estimated to cost approximately $28 million and will be located behind Monarch High School. They will also pay for improvements to the police station, which will cost roughly $39 million, and for infrastructure at the Main Street development, according to City Manager Sheila Rose.
The commission also approved, on its second and final reading, an ordinance adopting the budget for the fiscal year beginning October 1, 2025, and ending September 30, 2026, to fund the city’s operations.
The total FY 2026 budget for all city funds is $217,892,060, and the general fund budget is $128,304,750, according to city information.
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