City Council Approves FY 22-23 Budget
Council approved the 2022-2023 Budget and Capital Improvements Program at the Final Budget Public Hearing on Monday, September 19, 2022. For FY 22-23, the city-wide combined uses of funds including operations, transfers and fund balances/reserves total $1,017,592,000. The citywide total operating budget is $614,858,900 and the proposed General Fund operating portion of the budget is $208,765,000. The approved total millage rate for FY 22-23 is 3.6784, which is slightly lower than the FY 21-22 rate.
How it Works
Developing the City's budget is an extensive process which requires the involvement and collaboration of all Departments and Divisions. Directors carefully examine their operations and based on their professional assessment, submit requests that enable them to sustain infrastructure and services that continue to support a high quality of life and world-class services to the growing community. After careful review by City staff, management and the ultimate approval by City Council, the approved budget includes new positions, programs and an extension of services that keep the City of Boca Raton beautiful and financially strong.
What's New for 2023
Review some highlights from the FY 22-23 Approved budget below:
- Fire Assessment Fee - An increase of $10 was approved for the fire assessment fee to offset increases in providing fire services to the growing community. This brings the annual fee per residential household from $145 to $155. The fee for non-residential property varies depending on the size and type of property. Learn more about our ISO Class 1 rated Fire Rescue Services Department.
- Sanitation Fee - An increase of 3% in sanitation fees was approved - $0.73 increase to $25.02 per month for single-family residences and $0.44 increase to $15.14 per month for multi-family dwellings. This slight increase is due to the growth of the City which has resulted in the need to expand the City's sanitation operations. In order to implement the City Council's direction to retain sanitation services in-house, the City's Sanitation Fund for FY 22-23 budget includes increased costs for vehicles, personnel, equipment and an expansion of the City's sanitation vehicle maintenance and storage facilities. Learn more about our world-class Sanitation Services.
- Water & Sewer Fee - An increase of 5.95% or an average of $3 per month for utility rates was also approved in the FY 22-23 budget. Even with the slight increase, through proper planning, continuous operational improvements and implementation of cost-effective measures, the City continues to have one of the lowest water and sewer rates in the state of Florida. Learn more about our high quality water system and the City's Innovative Sustainable Infrastructure Program.
- New Facilities & Operations
- Boca Raton Golf & Racquet Club (BRGRC) - With the donation of the 167-acre Boca Country Club from MSD Partners and Northview Hotel group, BRGRC staff has been hard at work operating the golf course and completing renovation projects throughout the facility. Ongoing projects include renovation of the clubhouse, new racquet club courts, cart barn roof, and extensive golf course maintenance. The proposed budgets includes costs and revenues associated with operating the new facility. Learn more about BRGRC.
- Wildflower/Silver Palm Park - As part of the City’s Waterfront Master Plan, the Wildflower/Silver Palm Park site has been thoroughly renovated and enhanced with new amenities providing an interconnected park for residents and visitors to enjoy. The $8.9 million upgraded park requires additional staffing to ensure the upkeep of this new facility. Learn more about the new amenities.
- Infrastructure Surtax Fund Projects- In FY 2016-2017, the City set up an Infrastructure Surtax Fund (IST) to account for the voter approved one-cent sales surtax program. The FY 22-23 includes $7,275,000 in improvement projects. The City issued a revenue bond to expedite funding for IST projects such as:
- City-wide pavement resurfacing
- Street light design (FPL)
- Off-site school roadway improvements
- Waterfront Master Plan
- Lake Wyman & Rutherford Park Waterfront
View the Proposed Budget and the Proposed CIP on the 2022-2023 Budget webpage for more information.
Your Property Taxes Explained
Beginning the week of August 19, 2022, property owners in the City of Boca Raton were mailed a notice regarding proposed tax rates. The City’s Your Property Taxes Explained brochure is intended to educate residents on how their tax dollars are distributed and used.
Why Do I Receive This Notice?
Florida law requires each County’s Tax Collector to send one consolidated tax bill to notify each property owner of their annual ad valorem (a tax based on the assessed value of a property) and special assessment obligations. All local governments and special districts in Palm Beach County use this single tax bill. City of Boca Raton residents pay property taxes to a variety of different taxing authorities (see graph below).
Where Do Your Property Taxes Go?
Residents of the City of Boca Raton paid $516,913,471 in annual property taxes. The City of Boca Raton receives only $108.3 million of these total tax dollars, or 20.95%. The remaining amount of your tax dollars go to other taxing agencies in Palm Beach County.
Property Tax Rates
The City of Boca Raton continues to have one of the lowest property tax rates for a full-service city in the state of Florida, at 3.68. In addition, the City of Boca Raton’s proposed Fire Assessment Fee is one of the lowest among comparable cities.
To learn more about how your property taxes are spent, and by which agencies, view the Your Property Taxes Explained brochure. Hard copies of the brochure are available upon request at City Hall, 201 W. Palmetto Park Road.
View the Proposed Budget and the Proposed CIP on the 2022-2023 Budget webpage.