Pembroke Park adopts 8.5 mills and a $29 million tentative budget; commission schedules final hearing Sept. 24

The Town of Pembroke Park commission on Sept. 10 adopted a tentative millage rate of 8.5 mills and approved a tentative consolidated budget for fiscal year 2025–26 totaling about $29 million, the commission recorded.

Finance Director James Daverman told the commission the town’s ending fund balance was about $25.2 million and said the proposal keeps the millage unchanged "at 8.5 mills," above the rollback rate of 7.8676. "So our ending fund balance for the entire town is is $25,200,000," Daverman said during the presentation, noting the town expects roughly $1.3 billion in taxable value and about $804,000 in additional ad valorem revenue going into the next fiscal year.

The budget presentation combined the millage and spending discussion as required by Florida law. Daverman said the town used a zero-based budgeting process — resetting each line item to zero and asking department heads to justify expenses — and credited that approach…