City of Parkland Lowers Tax Rate for the Sixth Consecutive Year

by Sharon Aron Baron September 26, 2017

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By: Sharon Aron Baron

At their annual budget meeting, the city commission slightly lowered their millage rate making Parkland one of Broward County’s lowest taxed municipalities.

Last Friday, the commission voted unanimously in favor of the proposed $51 million Fiscal Year 2018 budget which came after a series of public hearings and public comments weighed by the commission.

Parkland Mayor Christine Hunschofsky said that fiscal responsibility is critical in city government. “We are fortunate to be able to slightly lower the millage rate as we have consistently done over the past few years. Additionally, the commission insisted on a budget with a healthy reserve as well as a funded maintenance plan.”

For the sixth consecutive year, residents will see their tax rate decrease from 3.981 to 3.9780, making it the fourth lowest in Broward County. The fire assessment fee increased from $210 to $220 and through the city’s contract with Waste Management, the solid waste assessment fee increased $10.56 over the 2017 rate and is now $370.92.

The general fund budget is $33.1 million which is a $2.5 million increase over last year and the city’s taxable value increased by $400 million due to new construction and the continuing trend of increasing property values in Parkland.