Broward County, FL- Commissioners have given tentative approval to the Fiscal Year 2024 budget.  The total recommended budget is $8.6 billion, which includes all tax-supported and non-tax supported funds.

Commissioners voted to keep the total county millage (property tax) rate the same for FY24 as it is this year. Homesteaded properties are expected to see increases in assessed values of 3% due to the "Save Our Homes" provision. 

The proposed FY24 budget funds all services provided by the County and priorities set by Commission to provide services to Broward residents. 

•To address housing cost pressures, $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 focus on priorities identified by the Sheriff and shared by the Commission. An additional $15 million is 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 and the Fort Lauderdale-Hollywood International Airport.

•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 discussions regarding solid waste are continued with a $500,000 appropriation for the County's share of costs of the Master Plan and the County's share of three years of anticipated start-up costs at $25,000 per year.

Commissioners voted 8 to 0 in favor of the proposed FY24 budget. Commissioner Michael Udine voted against the millage, preferring to reduce the millage rate. Overall, Commissioners favored adding to the budget reserves and funding ongoing capital improvements.

The County budget funds a variety of quality public services such as emergency operations and preparedness, transportation, 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. 

The second and final public hearing for the proposed Broward County FY2024 budget is scheduled for 5:01 PM on September 19, 2023, at the same location.

County taxes generally consist of less than one-quarter of the overall tax bill, which also includes city taxes, school district taxes and special taxing districts.

The fiscal year 2024 budget takes effect on October 1, 2023.

DATE:  September 8, 2023

Media Contact: 
Kimberly Maroe
Broward Commission Media Relations/PIO
PHONE: 954-357-8053
EMAIL: kmaroe@broward.org