Parkland reeling in more property tax revenue

Parkland keeps on growing and that means more money for CityHall.

The population of about 30,000 is projected to increase by another 10,000 by the end of 2023 as newhome construction continues in the coming years, city officials say.

The city’s property tax rate is proposed to remain steady next year, but increased property values for existing homes — coupled with new construction — means an extra $1.4 million for the upcoming fiscal year, which starts Oct. 1.

The city’s tax rate is expected to stay the same at $3.98 for every $1,000 of assessed value. That means for the average house valued inParkland at $580,000 — after a $50,000 homestead exemption — would pay $2,109 in city taxes.

Money will be set aside for:

Resurfacing of the parking lot at Terramar Park.

New fencing at Pine Trails Park playground.

Additional security cameras at all city parks.

Anexpansion of the city’s library.

The city is also expecting to receive nine acres from Broward County of what used to be Camp Telogia, and has budgeted funds for maintenance improvements. Three acres of the former Girl Scout campsite was sold to a private buyer.

Other fees — for fire and solid waste — will rise. Homeowners will pay $10 more for their fire assessment, a rate that will jump from $210 to $220. The increase is expected to raise an additional $2.4 million that will be spent to expand a fire station and buy another rescue vehicle.

Residents will also pay $370.92 for solidwaste— an increase of $10.56.

lhuriash@sunsentinel.com, 954-572-2008 or Twitter @LisaHuriash