Broward’s School Board on Tuesday tentatively approved a nearly $2 billion budget for the upcoming year — including a slight tax increase for homeowners.
Under the spending plan, approved by a 7-1 vote, the district’s millage rate will rise slightly to $7.48 per $1,000 of taxable assessed value. The increase means the owner of a home valued at $200,000, after claiming a homestead exemption, would see the public schools portion of their tax bill rise $4, from $1,305 to $1,309.
School Board member Nora Rupert cast the lone vote against the budget. Broward’s property tax increase was dictated by the state of Florida — the school funding plan approved by state lawmakers earlier this year requires Broward to boost its tax rate, or else the district would lose out on state funding.
School Board members will cast a final vote on the budget on Sept. 17.
- MICHAEL VASQUEZ