(Fiscal year 2015–2016)
The St. Johns River Water Management District’s fiscal year (FY) 2015–2016 Adopted Budget is $169.4 million. The budget was adopted at a public hearing on Sept. 22, 2015, for the fiscal year that begins Oct. 1 and ends Sept. 30.
The property tax rate for FY 2015–2016 is 30.23 cents for every $1,000 of assessed property value. The millage rate is about 4.5 percent less than the FY 2014–2015 millage rate. In addition to property tax revenues, the budget includes funding from state, federal and other sources, including revenue from timber sales, cattle leases and permit fees, and interest earnings.
Under the 0.3023 millage rate, the owner of a $200,000 house with a $50,000 homestead exemption would pay $45.35 in property taxes to the district.
Budget highlights include:
- Nearly $50 million in cooperative funding projects, including springs and priority water body protection and restoration, water conservation initiatives with public water suppliers and projects to maximize the reuse of reclaimed water.
- $11.5 million (including partner funding) for the acquisition of Silver Springs Forest, which will reduce nitrate loading into springs and rivers, allow for hydrologic restoration that will result in water quality improvement, and create opportunities for water storage, public recreation and a 20-mile wildlife corridor.
- $8.2 million for the Eau Gallie muck dredging project to improve navigation and water quality.
- $7.8 million in new state funding for springs protection projects and approximately $3 million toward second-year cooperative projects that support local efforts to protect spring flows and water quality.
- $7.5 million for the district’s agricultural cooperative funding program, which assists farmers in implementing water-saving technologies and helps fund dispersed water storage projects.
- $2.8 million for land management restoration projects.
Major construction projects in the proposed budget include:
- Continued work at the Fellsmere Water Management Area
- Completion of the Canal 1 Rediversion Project in Brevard and Indian River counties
- Construction of the 1,300-acre C-10 Reservoir in Brevard County
- Flood protection enhancement through water control structure and levee maintenance and rehabilitation