The North Broward Hospital District announced Wednesday it is lowering its tax rate by one percent for the upcoming fiscal year. That means the owner of a $200,000 home with homestead exemption will pay $278 in hospital taxes, down from $281, the district said.
The district estimates that the taxes will raise about $149 million -- 9.6 percent of the districts revenue for its hospitals, branded publicly as Broward Health.
North Browards millage rate will become 1.8564. The South Broward Hospital recently approved a millage rate of 0.6, meaning the homesteaded $200,000 home will pay about $90, raising $13.7 million for the Memorial hospitals.
The Jackson Health System receives more than $300 million in Miami-Dade sales and property taxes.
Broward Health delivers 80 percent of all the uncompensated care in our community, Chief Executive Frank Nask said in a prepared statement. We have a responsibility to not only care for our residents, but to do so in the most fiscally responsible manner.