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Financial Services
Herbert Herriman, DirectorRevenue Administration Using a customized computer tracking system, the Department monitors all expected payments from franchisers, other governments, vendors, etc. As payments are received, the system posts them to the appropriate revenue account, and shows the receipt in the module. Expenditure Administration47,000 checks are processed each year. Most expenditures are processed by purchase orders, petty cash receipts and third party administered funds (i.e. Worker's Comp. And Health Insurance). Payment processing and account posting is entirely computerized. All bank and trust statements are reconciled by the Department. Current Local Taxes The following are the major city taxes for fiscal year 2007 - 2008. Real Estate Tax (Local) - Billing ProceduresThe City Council adopts a tax rate for Real Estate tax each September when the budget is approved. All taxes are due and payable on November 1 of each year or as soon thereafter as the assessment roll is certified and delivered to the Broward Revenue Collection Division. All unpaid taxes become delinquent on April 1 following the year in which they are assessed. Discounts are allowed for early payment at the rate of 4% in the month of November. 3% in the month of December, 2% in the month of January and 1% in the month of February. The taxes paid in March are without Discount. Broward County Property Appraiser's Office The Broward County Appraiser's Office is located in at the Broward County West Regional Courthouse at the Pine Island Road and Broward Boulevard intersection. The Appraiser's Office is open Monday through Friday from 8:30 a.m. until 5 p.m. The office annually assesses all real estate in the county at its fair market value. It also provides the public with a review of information relative to the assessed value and ownership of each parcel of real estate.
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