Latest posts by David Volz (see all)
- Strong South Broward Bulldogs prep for upcoming season - August 11, 2017
- Chaminade-Madonna Lions are ready to take on tough teams this season - August 11, 2017
- Free admission to art opening during Art Walk, Aug. 19 - August 11, 2017
The Hollywood Commission set the not-to-exceed property tax, or millage, rate during a recent meeting. This millage rate is 7.7363. The operating millage rate is 7.4479 and the millage for the voter debt service is 0.2884. General Fund Revenue is expected to be $256.5 million and General Fund Expenditures are expected to be $258.9 million.
The current budget does not include fiscal year 2018 pension costs for general employees and police personnel or bargaining costs for fire and police personnel. There are still unresolved pension issues including the 13th check matter, which is still in litigation. And there are 23 frozen positions at public works, finance, development services, the police department and information technology.
The Commission will have to address a projected $2.5 million budget deficit. The City will be receiving additional money from the new FPL plant. Also property values in Hollywood have increased and this means more money will be collected from property owners.
Hollywood will unfreeze two positions in public works, three civilian positions in the police department, and two positions at code enforcement. It will restore street maintenance and beautification.
The budget hearings in which the Commission will adopt the proposed and final operating budget will take place in September. The budget must be approved by October 1.
Budget hearings will take place on Wednesday, September 13 at 5:30 p.m. and Wednesday, September 27 at 5:30 p.m. in the commission chambers at 2600 Hollywood Boulevard Room 219, Hollywood, FL 33020.