Homeowners in Broward County can breathe a little easier this upcoming fiscal year, as the County Commission has announced a decrease in the property tax rate for FY26. The new millage rate, now set at 5.6658 mills, is a part of a $1.7 billion property tax budget, as detailed in an article on the County’s official website. The overall budget for Broward County is $8.8 billion, which includes funding for various non-property tax-supported ventures like the airport and seaport.
Shaping the FY26 budget didn’t come without its difficulties, especially with an $80 million deficit following the election of a new Tax Collector. To help compensate for the loss, the County made cuts by removing 159 funded positions and reducing General Fund agencies’ operating costs by close to $20 million. Despite these cuts, public safety remains a priority, with the Broward Sheriff’s Office budget receiving an additional $24.2 million, a move confirmed by a recent press release from the County.
In a clear move to safeguard the region’s future, the County Commission has allocated increases in reserves not only for emergencies but also for cash flow management, emergency preparedness, and adequate shelter facilities. As reported on Broward County’s official news release, these steps are pivotal for bolstering the county’s readiness for unforeseen circumstances…