Hillsborough River Basin Board approves millage rate and budget

News Release

At its August 26 meeting, the Southwest Florida Water Management District’s newly merged Hillsborough River Basin Board adopted a fiscal year 2010 (FY2010) millage rate of 0.2421 mill. The Hillsborough River Basin Board area covers portions of Hillsborough, Pasco and Polk counties.

The Hillsborough River and the Northwest Hillsborough Basin were merged effective Jan. 1, 2009. For FY2009, the Hillsborough River Basin Board adopted a millage rate of 0.2547 mill and the Northwest Hillsborough Basin Board adopted a millage rate of 0.2421 mill. For FY2010, the merged Hillsborough River Basin Board adopted the lower rate of the two former Basins, which is the rate of 0.2421 mill.

The budget for FY2010 is $25,263,750, which is a decrease of $6,017,199 from the approved FY2009 budgets for the two Basins before the merger. This decrease is primarily due to the 14.8 percent reduction in ad valorem tax revenues related to an 11.9 percent decline in taxable property values. In addition, the decrease is due to the reduction in the millage rate as a result of the Basin merger and a reduction in balances available from the prior year. FY2010 will run from Oct. 1, 2009 through Sept. 30, 2010.

For the owner of a $150,000 home with a $50,000 homestead exemption, the FY2010 Basin Board tax would be $24.21, or about $2.02 per month.

The District has seven regional Basin Boards that provide guidance for local programs that are specific to the watershed basins they protect. The District’s eighth basin, the Green Swamp, is administered by the Governing Board. Basin Boards work with local governments and other entities on water resource projects that have an impact in local communities. Basin Boards often provide partial funding for these projects in partnership with a local government or local cooperator.

Basin Board members are unpaid citizen volunteers appointed by the Governor and confirmed by the Senate. They serve three-year staggered terms. Each of the Basin Boards includes a minimum of one person from each county within the basin, and there must be at least three members on each board. Each Basin Board has at least one of the 13 members of the District’s Governing Board that serves as the Board’s chair.

In September, the Governing Board will adopt millage rates for the District’s General Fund and the Basin Boards after two statutorily required public Truth in Millage (TRIM) hearings have been held. The first will be Sept. 15 at 5:01 p.m. at the District’s Tampa Service Office.

The Governor’s office will review and approve the budgets of all five water management districts before the second and final public hearing.

The District’s second and final TRIM hearing will be Sept. 29 at 5:01 p.m. at the District’s Tampa Service Office. At the conclusion of the hearing, the Governing Board will formally adopt the final millage rates and budgets. The public is welcome to attend any Governing Board or Basin Board meeting to provide comments on the proposed budgets.