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Mayor cites fiscal discipline: millage cuts, low‑cost bonds and $70M in grants
Summary
The mayor said Oakland Park’s tax roll is growing, the commission has lowered the millage rate 11 times since 2014 saving taxpayers more than $21,000,000, bonds were issued at around 2% interest and the city secured over $70,000,000 in grants to fund parks, infrastructure and public safety.
In the State of the City address the mayor portrayed the city’s fiscal condition as stable, noting tax roll growth and repeated millage rate reductions since 2014.
The mayor said the commission has lowered the millage rate 11 times since 2014, saving taxpayers more than $21,000,000, and that bonds were issued at about 2% interest, one of the lowest rates in city history. He also said the city has secured more than $70,000,000 in grants used for parks, infrastructure and public safety.
The address framed these financial moves as part of a broader discipline to preserve reserves and pursue grant funding. The mayor acknowledged statewide fiscal pressures such as inflation and climate‑related costs but did not present a detailed multi‑year budget or list specific grant sources.
