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Southwest Ranches council adopts 3.9 millage, approves FY 2024–25 budget
Summary
The Town of Southwest Ranches council voted unanimously to adopt a 3.9 millage rate and to approve the fiscal year 2024–25 budget; staff said much of the year-over-year increase reflects carried-forward intergovernmental and ARPA funds and a $28,800 pilot for curbside composting was included.
The Town of Southwest Ranches council unanimously adopted a final millage rate of 3.9 and approved the town's fiscal year 2024'25 budget at a public hearing on Thursday.
Town finance staff told the council the proposed millage is unchanged from prior years and presented budget totals showing the general fund functional amount reported at approximately $23.236 million, an ad valorem figure reported near $99.1 million, and an appropriated fund balance of about $1.2 million. Staff said operating expenses represent roughly 53% of the general fund and that…
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