Coconut Creek City Hall. {Google Maps}
The Coconut Creek Commission and senior city staff members conducted a workshop on the Fiscal Year 2026 Proposed Budget and Capital Improvement Program on August 11.
The budget is one of the most essential documents presented to and approved by the commission. It is built on the city’s Vision 2030 Strategic Plan and an operational and financial plan for city services.
The total FY 2026 budget for all city funds is $217,892,060, or $4,816,120 less than FY 2025. The property tax millage rate is proposed to remain the same at 6.8988 mills. The amount a homeowner pays in property taxes depends on the assessed value of the property. For example, a property valued at $250,000 would pay $1,724, and a property valued at $500,000 would pay $3,449.
The budget will receive final approval during two hearings on September 15 and September 25, both at 6:00 p.m. in the City Hall Commission Chambers.
There will be a 6.47% increase over the rollback rate of 6.4793 mills. The rollback rate is the rate that generates the same amount of tax revenue as the current year, less new construction, according to City Manager Sheila Rose.
The proposed annual fire assessment fees for single-family and multi-family homes are $333.26 and $299.94, respectively, a ten percent increase over the current rates. The proposed annual solid waste collection and disposal rate for a single-family is $326.54 per year, a 4.5 percent increase over the current rate of $312.48. Water and sewer rates are scheduled by ordinance to increase by more than 2.5 percent or the increase established by the Broward County Water and Wastewater Division, effective June 1, 2026. Stormwater rates are scheduled by ordinance to increase 3.1 percent; a $0.16 per month increase from $5.08 to $5.24 for single-family homes, according to Rose.
According to Rose, the city’s financial position remains strong with revenues sufficient to support the rising costs associated with delivering high-quality municipal services. The budget is funded through a wide range of revenue sources and managed through the use of multiple funds. The major funds include the general fund, the community improvement fund, the water and wastewater operating fund, and the stormwater fund.
The general fund represents more than half of the city’s total budget. It supports core municipal functions, including police, fire rescue, parks and recreation, public works, land development and design, and various administrative departments. The FY general fund budget is $128,304,750, representing a 3 percent decrease of $3,332,720 from the FY 2025 general fund budget of $131,637,470, according to Rose.
The city is facing some major expenses in the coming year. Key challenges include the continued development of Mainstreet at Coconut Creek, addressing aging infrastructure, major public safety projects such as the construction of Fire Station 113, and renovation to the police department. External factors such as decreasing availability of federal and state appropriations funding and potential changes to the property tax structure are being monitored, according to Rose.
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