City of Weston Data Packet

This page contains property tax data specific to the City of Weston, provided by the Florida League of Cities, including how local revenues fund essential services such as public safety and infrastructure. The information is intended to provide helpful local context for evaluating proposals that may affect municipal funding.


FY 2024

Millage Rate Breakdown FY 20242

Entity Millage Share
County 5.6690 32.36%
School 6.4655 36.91%
Municipality (Weston) 3.3464 19.10%
Special Districts 2.0350 11.62%
Total 17.5159 100.00%

Illustrates the proportion of each taxing authority for every dollar of property tax paid within Weston.

Millage Rate Breakdown FY 2024(2) Graphic

This image shows the proportionate share of each taxing authority within the City of Weston for every dollar a resident pays in property taxes. For example:  if the total millage rate charged by a municipality was 0.2500 and the total millage rates charged by the county, school district, municipality, and special districts within the municipality totaled 1.0000, then 25 cents for every dollar paid towards property taxes by a resident in the municipality would go towards the municipality.

2 Collected from County Tax Collector.

 


2019–2023

Ad Valorem Revenues vs General Fund Expenditures3

Most or all ad valorem revenues fund general operations, including law enforcement, ambulance & rescue, and parks & recreation.

AD Valorem Revenue Compared to Public Safety Expenditures (Bar-Chart)

3 Ad Valorem Revenue and Public Safety Expenditure Data: Expenditures and Revenues Reported by Florida’s Municipal Governments to the Florida Department of Financial Services as reported by the Office of Economic and Demographic Research.


Just Value v. Taxable Value4

This graph represents the difference between the total in just value versus the taxable value for property within the City of Weston. This graph shows the effect of how Save Our Homes compounds over time. As residents continue to stay in their homes and have their annual assessed rates capped, the gap between the just value and taxable value of properties has increased. The introduction of more exemptions over time has also caused this increase in the gap between the just value and taxable value of properties.

▸ Just value is the fair market value of the home, while the taxable value is the value of the home exclusive of all qualifying exemptions and assessment limitations for the property.

Just Value vs Taxable Value (Line Chart)

 4 Office of Economic and Demographic Research, Municipal Ad Valorem.

Unrestricted Revenues (FY 2023)

Revenue Source Amount Share
Ad Valorem $33,805,455 77.56%
Municipal Utility Service Tax $6,619,513 15.19%
Communications Services Tax $2,220,243 5.09%
Local Business Tax $940,476 2.16%
Total $43,585,687 100.00%
 Source: Office of Economic & Demographic Research; Florida Department of Financial Services.

Revenues5

The graph represents unrestricted revenue sources compared to restricted revenue sources. Unrestricted revenue sources are the constitutionally authorized revenue sources that municipalities may use for whatever municipal purpose. While cities may utilize other types of unrestricted revenue, this data packet defines them as ad valorem taxes, municipal utility taxes, communications services tax, and local business tax.

Restricted revenue sources include every other tax that municipalities are authorized to levy. However, these taxes must only be used for the purpose authorized by law. Examples of restricted revenue sources include the permit fee paid by a builder or the fee paid to use a park facility.

Unrestricted Compared to Restricted Revenue Sources ( BAr-Graphic)

UNRESTRICTED REVENUES FOR FY 2023

This chart depicts unrestricted revenues for the City of Weston for fiscal year 2023.

Unrestricted Revenuse for  FY 2023 (Table)

5 Ad Valorem Revenue Data: Expenditures and Revenues Reported by Florida’s Municipal Governments to the Florida Department of Financial Services as reported by the Office of Economic and Demographic Research.



AD VALOREM REVENUES COMPARED TO GENERAL FUND EXPENDITURES6

 

The graph compares ad valorem revenues to a number of general fund expenditures. Most or all ad valorem revenues are used to fund these general fund expenditures.

Ad Valorem Revenues Compared to General Fund Expenditures (Chart and Table)

6 Ad Valorem Revenue and General Expenditure Data: Expenditures and Revenues Reported by Florida’s Municipal Governments to the Florida Department of Financial Services as reported by the Office of Economic and Demographic Research.