|
Budget and Taxes
Adopted FY 2006
Coconut Creek Tax Millage Summary
|
| Coconut Creek Property Value and Tax Millage Summary |
2004 Final Gross Taxable Value After Value Adjustment Board Changes
(Was $2,263,816,644 at 10/1/04)
|
$2,452,495,419 |
|
| Increase in 2004 Taxable Value due to reassessments |
$380,158,005 |
(+15.5%) |
| Current Year Adjusted Taxable Value |
$2,832,653,424 |
| | Current Year New Taxable Value (New Construction & Additions etc.) |
$49,073,100 |
(+1.1%) |
| Current Year Gross Taxable Value for Operating Purposes |
$2,860,531,656 |
(+16.6%) |
| |
FY 2005
Tax Rate
|
FY 2006
Rolled Back Rate
|
FY 2006
Proposed Tax Rate
|
|
Increase/Decrease Over |
|
FY 05 Tax Rate
|
Rolled Back Rate
|
| Operating Millage |
5.3408 |
4.6240 |
5.3408 |
|
0% |
15.5% |
| Revenue Generated |
| |
Mills |
Gross |
Net (5% Discount) |
| Proposed FY 06 Operating Millage |
5.3408 |
$15,277,527 |
$14,513,650 |
| FY 05 Operating Millage |
5.3408 |
$15,277,527 |
$14,513,650 |
| Rolled Back Rate |
4.6240 |
$13,227,098 |
$12,565,743 |
| Proposed Increase over FY 05 Rate |
.
0.0000 |
$0 |
$0 |
| Operating and Debt Service Property Tax |
| Assessed Value |
Current Millage |
Total Current Tax With Homestead |
Proposed Operating Millage |
Total Proposed Tax With Homestead |
Change In Taxes |
| $ 400,000 |
5.3408 |
$ 2,136 |
5.3408 |
$ 2,136 |
$ 0 |
| $ 350,000 |
|
$ 1,869 |
|
$ 1,869 |
$0 |
| $ 300,000 |
|
$ 1,602 |
|
$ 1,602 |
$0 |
| $ 250,000 |
|
$ 1,335 |
|
$ 1,335 |
$0 |
| $ 200,000 |
|
$ 935 |
|
$ 935 |
$0 |
| $ 150,000 |
|
$ 668 |
|
$ 668 |
$0 |
| $ 100,000 |
|
$ 401 |
|
$ 401 |
$0 |
| $ 50,000 |
|
$ 134 |
|
$ 134 |
$0 |
|
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