Cooper City Sacrifices To Keep It Someplace Special.

By
Real Estate Broker/Owner with BROKER of Green Realty Properties® - 954-667-7253 BK3175566
http://actvra.in/GVF

One of our commissioners, James Curran, wrote an article in DRW Magazine about the sacrifices that Cooper City has had to make in order to keep it a special place to live. Like all Florida governments, the city is "knee deep" in budget issues and concerns.

 

One of the biggest issues is that it's becoming a struggle to keep up with necessary maintenance to the cty and still stay within our means. We were fortunate that our taxable value increased this year because of the new Monterra development, but that money is being used to fund increasing Public Safety (police, fire and rescue) costs. Cooper City employes have not seen any increases in the past 3 years, and there are numerous vacancies that cannot be filled in the upcoming years. We're trying to save money by contracting out a significant amount of services and duties. The entire city is served by 90 employees right now. 

 

City officials have been asked that they collect fewer taxes and spend down the reserves (about $1.2-2 million a year), but Mr. Curran points out that they would run through the reserves in two years, and then have nothing to fall back on. Their strategy has been to keep taxes low and supplment the budget from revenues. However, he goes on to point out that as a community we have to have a serious conversation on how special we want to keep Cooper City. Additional maintenance is needed, and hard choices need to be made.

 

I know that many municipalities are in a very similar position. Do you know what your community has done to stay afloat while still covering everything they need to do?

 

Looking to buy or sell a home in Cooper City? Visit: www.CooperCityHomesforSale.com



Posted by

If you or anyone you know need help Selling or Buying a Home in Broward & Miami-Dade Counties, please don't hesitate to call me at 954.667.7253

 

Help lots of people and have a great day!

Patty Da Silva, CDPE©, RESS®, AHWD®, e-PRO®, GREEN, CFS, TRC, RSPS

BROKER - REALTOR® Serving South Florida ::: 954. 667. SALE (7253) ::: Green Realty Properties®

Visit www.WeLoveSouthFlorida.com for SouthEast Florida's best properties.

 

 

Copyright © 2008 - 2014 By Patty Da Silva, CDPE©. All Rights Reserved.

Legal Stuff: This article (Contents) reflects the opinion of the author and it is not to be considered legal advice. The author is not an attorney or a CPA. If you are in need of legal or tax advice, it is recommended that you to contact a trusted professional advisor.

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Rainmaker
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Lou Ludwig
Ludwig & Associates - Boca Raton, FL
CRB, CRS, CIPS, GRI, SRES, TRC, e-PRO

Patty

A lot of our cities have to make the hard choices to keep everything going at a high level.

Good luck and success.

Lou Ludwig

August 27, 2012 04:44 PM #1
Rainmaker
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Patty Da Silva, Davie, Southwest Ranches Cooper City, Plantation, Weston, REALTOR
BROKER of Green Realty Properties® - 954-667-7253 - Davie, FL
Top Listing Broker

Lou, they sure have and I know we all have to sacrifice. As long as they keep us safe!

August 28, 2012 07:38 AM #2
Rainmaker
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Curtis Van Carter
Coldwell Banker Brokers of the Valley, Yountville Napa Valley - Yountville, CA
Napa Valley's Broker Extraordinaire in Yountville

Patty

I live in a small town, Yountville, in the middle of the Napa Valley. Fortunately, the town has 451 hotel rooms with and average rate of $343/night. On top of the room rate there is a 12% tax which goes straight into the town's coffers. This accounts for 60% of the town's budget. I don't know how Florida handles this, but it sure is a savior here. We are one of the few California cities/towns with a surplus. cheers cvc

August 29, 2012 11:11 AM #3
Rainmaker
443,692
Patty Da Silva, Davie, Southwest Ranches Cooper City, Plantation, Weston, REALTOR
BROKER of Green Realty Properties® - 954-667-7253 - Davie, FL
Top Listing Broker

Good for you! I wish I could live there! The weather was awesome when I visited!

August 29, 2012 11:29 AM #4
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Patty Da Silva, Davie, Southwest Ranches Cooper City, Plantation, Weston, REALTOR

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