PALATKA, Fla., Sept. 26, 2017 — The St. Johns River Water Management District’s Governing Board today adopted its fiscal year 2017-2018 budget, which provides 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 approved reducing the millage rate for taxpayers for a fifth year.
“This budget supports cooperative funding projects and water resource protection programs that directly benefit the environment, our local communities and the economy,” said St. Johns River Water Management District Executive Director Dr. Ann Shortelle. “The Governing Board’s vote today demonstrates the agency’s continued commitment to water resource protection and responsible stewardship of taxpayer dollars.”
The 0.2724 millage rate (rolled-back rate) will generate $85.4 million in revenue that will be part of a total $160.4 million budget for the budget year that begins Oct. 1, 2017. The rolled back rate is 5.6 percent less than the current fiscal year’s rate, primarily due to home value appreciation. In addition to ad valorem revenue, the budget is also funded through state, federal and other district sources (including timber sales, land leases, interest earnings and permit fees).
Under a 0.2724 millage rate — 27.24 cents for every $1,000 of assessed property value — the owner of a $200,000 house with a $50,000 homestead exemption would pay $40.86 in the coming year in property taxes to the district.
The budget will fund the district’s major programs, including water supply planning, priority water body and springs restoration, and continued cost-share partnerships. Budget highlights include:
The budget is available online at www.sjrwmd.com/budget.