PALATKA, Fla., Sept. 27, 2016 — The St. Johns River Water Management District’s Governing Board today approved its fiscal year 2016-2017 budget, which will provide funds for cost-share projects and major programs to support the agency’s core missions of water supply, water quality, natural systems and flood protection. The board also voted to reduce the millage rate for taxpayers for a fourth year.
“The district’s emphasis on cooperative funding supports Florida’s economy with projects that directly benefit water resources,” said St. Johns River Water Management District Executive Director Dr. Ann Shortelle. “This budget demonstrates the Governing Board’s commitment to water resource protection as well as responsible stewardship of taxpayer dollars.”
The 0.2885 millage rate (rolled-back rate) will generate $84.1 million in revenue that will be part of a total $164.6 million budget for the budget year that begins Oct. 1, 2016. The millage rate adopted by the board is approximately 4.6 percent less than the current year’s tax rate. The budget is also funded through state, federal and other district sources (including timber sales, cattle leases, interest earnings and permit fees).
Under a 0.2885 millage rate — 28.85 cents for every $1,000 of assessed property value — the owner of a $200,000 house with a $50,000 homestead exemption would pay $43.28 in the coming year in property taxes to the district.
The budget will fund the district’s major programs, including springs protection, projects to improve water quality and alternative water supply development. Budget highlights include:
The budget is available online at www.sjrwmd.com/budget.