BUDGET  FAQ

January	Preliminary revenues and expenditures forecasts for upcoming fiscal year are prepared Engineering and Capital Improvement Plan Team starts preparing the 5-Year Capital Improvement Plan (CIP)
February	Budget Kickoff Meeting provides general guidelines for all departments on how to analyze and submit their budgets for the next fiscal year
March-April	Departments submit their budget proposals to the Budget Office The Budget Office analyzes proposed Operating and Capital Budgets City Manager and Budget Office meet with each department to review budget requests and service level priorities April Budget Workshop
May-June	The City receives preliminary taxable assessed value from Broward County Property Appraiser June Budget Workshop: The recommended General Fund budget is presented to the City Commission: Policy Discussions The Five-Year Capital Improvement Plan is presented to various Advisory Boards to receive feedback The City Manager’s Office and the Budget Team meet individually with each member of the City Commission to discuss the upcoming year’s fiscal policies and recommended budgets
July	The City receives the final taxable assessed value from Broward County Property Appraiser July Budget Workshop: City Manager’s Proposed Budget/5-Year CIP is presented to the City Commission The City Commission adopts the preliminary Fire Assessment Fees Resolution
August	TRIM notices are mailed to property owners from Broward County Property Appraiser’s Office
September	Two public budget hearings: First and Final Public Budget Hearings are held in September and are open to the residents. Adoption of the preliminary and final millage rates and budgets    The City Commission adopts the final Fire Assessment Fees Resolution The City Commission adopts the Five-Year Capital Improvement Plan Fiscal Year ends, September 30th
October	Fiscal Year begins, October 1st
November-December	Property taxes are mailed out to property owners Departments begin to formulate budget plans, revenue, and expenditure forecasting for the following fiscal year

The City publishes two annual adopted books. The Line Item Detail Budget Book and the Operating Budget Book. 

Access both at:

 https://www.pompanobeachfl.gov/government/budget

 

OpenGov Financial Transparency Portal

Visualize the City’s annual budgets from FY 2013 to the present: 

https://www.pompanobeachfl.gov/government/budget/financial-transparency-opengov 

 

 

Public Participation in the Budget Process

How can the public educate themselves and participate in the Annual Budget Process? 

• Serve on 28 advisory boards
• Attend budget workshops with the City Commission in April, June, and July
  
• Attend two Public Budget Hearings in September
  
• Speak at any of the 20 annual City Commission meetings

 

 

• A budget is the City’s financial plan
• General Fund is the primary operating fund
• Internal Service Funds support internal City operations
• Enterprise Funds use customer charges to support operations
• Special Revenue Funds track legally restricted revenues

What is the ad-valorem tax?

Ad valorem taxes are based on the value of real or personal property and are expressed in mills, with one mill equal to $1 in tax for every $1,000 of taxable value. Often called “property taxes,” they are calculated by multiplying a property’s taxable value by the millage rate adopted by the taxing authority.

 

Example: 

Assessed Value of Home: $100,000

Less Homestead Exemption (If the property owner is eligible): -$50,000          

Taxable Value: (100,000-$50,000) = $50,000

Divide the taxable value by 1,000 and multiply by the City’s aggregate millage rate. Please note that the City’s aggregate millage rate is set annually:

(50,000/1,000 X 6.1608) = $308

 

 

Why have my property taxes increased?

Common reasons include:

• Loss of homestead exemption
• Increase in assessed value
• Increased millage rates set by taxing authorities
• Portability adjustments

 

 

When will I receive my tax bill?

The Broward County Tax Collector mails tax bills by November 1st each year.
If you have a mortgage escrow account, your mortgage company receives the bill. 

You may also pay online after November 1st.

 

Can I pay my tax bill in installments?

Yes. Installment plans are offered by the Broward County Tax Collector. You can contact the Broward County Tax Collector by calling 954-357-4828 or by emailing revenue@browardtax.org

 

 

The City’s Millage Rates (FY 2026)

What is the millage rate?

The millage rate is the amount of property tax charged per $1,000 of taxable property value.

• General Fund Operating: 5.2181

• EMS Millage Rate: 0.5000

• Debt Service (2018): 0.2632

• Debt Service (2021): 0.1795

• Total Aggregate City Millage Rate: 6.1608

 

Voter-Approved Debt (Bonds)

Voter-approved General Obligation (G.O.) Bonds allow the City to levy separate property taxes to pay for long-term capital improvements.
Bonds may only be issued following voter approval.

 

Details on outstanding debt:

https://www.pompanobeachfl.gov/government/finance-department

 

 

Additional Information: 

For information on your property taxes, exemptions, millage rates, visit the Broward County Property Appraiser:

http://www.bcpa.net/FAQ.asp  

 

For information on paying your property taxes: https://browardtax.org.faqs/