TOWN OF DAVIE FLORIDA Retail Water and Sewer Monthly Service Costs As of April 24, 2017 City or County 7,000 gal per month Broward County $76.00 Plantation 76.41 Fort Lauderdale 85.83 Pembroke Pines 73.18 Cooper City 79.58 City of Sunrise (Residents Only) 101.22 Tindall Hammock (Ferncrest Utilities) 103.03 Hollywood 113.11 City of Sunrise (Weston Residents) 126.55 City of Sunrise (Davie Residents) 126.55 City of Sunrise (Ivanhoe Residents) 133.63 Davie 131.25
TOWN OF DAVIE, FLORIDA HISTORICAL AND PROJECTED WATER USE Year Average Daily Demand Maximum Daily Demand Historical 2002 3.82 4.68 2003 4.23 5.17 2004 4.58 5.68 2005 4.54 5.74 2006 4.57 5.68 2007 5.05 6.28 2008 4.37 5.86 2009 4.40 6.56 2010 4.10 4.98 2011 5.05 6.28 2015 5.18 6.74 2016 4/41 5.31 Projections 2020 8.92 11.08 2025 11.35 14.10 TOWN OF DAVIE, FLORIDA HISTORICAL AND PROJECTED SEWAGE FLOWS Year Average Daily Demand Maximum Daily Demand Historical 2002 2.95 4.10 2003 3.34 4.64 2004 3.49 4.85 2005 3.93 5.46 2006 3.88 5.39 2007 3.48 4.84 2008 3.51 5.23 2009 3.48 4.43 2010 3.36 5.80 2011 5.30 7.37 2015 5.40 8.14 2016 3.36 4.45 Projections 2020 8.12 11.29 2025 10.49 14.58
Town of Davie, Florida Table 6 Assessed Value and Estimated Actual Value of Taxable Property Last Ten Fiscal Years Taxable Assessed Value as a Fiscal Percentage of Year Tax Less: Total Estimated Estimated Ended Roll Real Personal Tax Exempt Total Taxable Direct Actual Actual Taxable September 30, Year Property Property Property Assessed Value Rate Taxable Value Value 2007 2006 $ 8,251,265,890 $ 355,568,198 $ 1,053,945,180 $ 7,552,888,908 5.7420 $ 10,053,226,994 75.13% 2008 2007 9,317,219,600 349,869,169 1,201,969,510 8,465,119,259 4.8160 11,985,726,031 70.63% 2009 2008 9,233,602,272 335,756,649 1,435,305,814 8,134,053,107 4.9531 13,869,675,335 58.65% 2010 2009 8,474,388,034 322,340,587 1,411,699,304 7,385,029,317 5.5949 13,203,220,991 55.93% 2011 2010 7,758,406,690 298,755,908 1,345,895,850 6,711,266,748 5.6808 11,186,513,795 59.99% 2012 2011 7,528,749,030 286,149,893 1,242,462,810 6,572,436,113 5.6007 9,979,210,203 65.86% 2013 2012 7,588,509,410 279,671,874 1,253,918,540 6,614,262,744 5.6422 9,939,798,474 66.54% 2014 2013 7,741,261,030 315,289,419 1,228,449,080 6,828,101,369 5.9450 10,223,709,690 66.79% 2015 2014 8,165,770,910 348,276,267 1,197,325,920 7,316,721,257 5.8910 11,085,286,065 66.00% 2016 2015 8,577,709,770 365,641,052 1,193,105,540 7,750,245,282 5.7976 12,020,234,773 64.48% Note: Broward County Property Appraiser. Property in the County is reassessed annually. Tax rates are per $ 1,000 of assessed value. 117
Town of Davie, Florida Table 7 Property Tax Rates Direct and Overlapping Governments Last Ten Fiscal Years Town of Davie, Florida Overlapping Rates Broward Fiscal County South Florida North Broward Florida Total Year Tax Debt Total Broward School Water Broward Children's Inland Direct Ended Roll Operating Service Direct County District Management Hospital Services Navigational and September 30, Year Millage Millage Rate Millage Millage District District Council District Overlapping 2007 2006 4.9879 0.7541 5.7420 6.0661 7.8687 0.6970 1.8317 0.4073 0.0385 22.6513 2008 2007 4.1215 0.6945 4.8160 5.2868 7.6484 0.6240 1.6255 0.3572 0.0345 20.3924 2009 2008 4.2456 0.7075 4.9531 5.3145 7.4170 0.6240 1.7059 0.3754 0.0345 20.4244 2010 2009 4.8124 0.7825 5.5949 5.3889 7.4310 0.6240 1.7059 0.4243 0.0345 21.2035 2011 2010 4.8124 0.8684 5.6808 5.5530 7.6310 0.6240 1.8750 0.4696 0.0345 21.8679 2012 2011 4.8122 0.7885 5.6007 5.5530 7.4180 0.4363 1.8750 0.4789 0.0345 21.3964 2013 2012 4.8122 0.8300 5.6422 5.5530 7.4560 0.4289 1.8564 0.4902 0.0345 21.4612 2014 2013 5.0829 0.8621 5.9450 5.7230 7.4800 0.4110 1.7554 0.4882 0.0345 21.8371 2015 2014 5.0829 0.8081 5.8910 5.7230 7.4380 0.3842 1.5939 0.4882 0.0345 21.5528 2016 2015 5.0819 0.7157 5.7976 5.7230 7.2740 0.3551 1.4425 0.4882 0.0320 21.1124 Note: Broward County Property Appraiser. Overlapping rates are those of local and County governments that apply to property owners within the Town of Davie, Florida. State law requires all counties to assess at 100% just valuation and limits millage for operating purposes to ten (10) mills. 118
Town of Davie, Florida Table 8 Principal Property Taxpayers Current Year and Nine Years Ago Taxpayer 2016 2007 Percentage Percentage of Total of Total Taxable Taxable Taxable Taxable Assessed Assessed Assessed Assessed Value Rank Value Value Rank Value City National Bank of Trustee $ 84,835,554 1 1.09% $ 46,144,660 2 0.61% PPF AMLI 5971 Toscana Drive LP 72,315,468 2 0.93% AVR Davie LLC 72,229,188 3 0.93% Florida Power & Light Co. 64,205,704 4 0.83% 47,878,129 1 0.63% GSG Residential SunForest LLC 50,516,836 5 0.65% FR Tower Shops LLC 44,968,900 6 0.58% Equity One, Inc. 40,482,030 7 0.52% 38,493,890 4 0.51% Palm Owner LLC 35,814,274 8 0.46% EQR Marina Bay Apt LLC 34,891,022 9 0.45% Sunbelt Rentals #65 32,622,188 10 0.42% Tri County Plaza Assoc. Ltd. 39,384,560 3 0.52% Konover and Associates South Inc. 29,857,840 5 0.40% Florida Auto Auction 25,304,650 6 0.34% Weston Road Shopping Center 19,657,240 7 0.26% IBV Mobile Fonds Intl 1 USA 19,654,270 8 0.26% Ramco/Shenandoah LLC 19,157,170 9 0.25% New Town Holdings LLC 17,943,610 10 0.25% Total $ 532,881,164 6.86% $ 303,476,019 4.03% Broward County Revenue, Collection Division. 119
Town of Davie, Florida Table 9 Property Tax Levies and Collections Last Ten Fiscal Years Collected Within the Fiscal Year of the Levy Total Collections to Date Fiscal Total Year Tax Tax Levy Collections in Ended Roll for the Amount Percentage Subsequent Amount Percentage September 30, Year Fiscal Year Collected of the Levy Years Collected of the Levy 2007 2006 $ 43,020,047 $ 41,494,597 96.45% $ 1,407,852 $ 42,902,449 99.73% 2008 2007 40,608,256 39,134,212 96.37% 1,347,265 40,481,477 99.69% 2009 2008 40,294,922 38,745,464 96.15% 1,015,161 39,760,625 98.67% 2010 2009 41,086,629 38,934,136 94.76% 1,615,733 40,549,869 98.69% 2011 2010 38,001,899 35,946,716 94.59% 1,853,705 37,800,421 99.47% 2012 2011 36,562,490 35,028,211 95.80% 1,403,383 36,431,594 99.64% 2013 2012 37,291,063 35,735,499 95.83% 1,415,160 37,150,659 99.62% 2014 2013 40,528,241 38,774,698 95.67% 1,286,032 40,060,730 98.85% 2015 2014 43,066,409 41,051,588 95.32% 1,583,044 42,634,632 99.00% 2016 2015 44,936,250 44,613,595 99.28% 44,613,595 99.28% Broward County Revenue Collection Division Accountability Statement. 120
Top 10 Water Users 10/1/15-9/30/16 $10,431,366.00 Customer Revenue % 1 Seminole Hard Rock Hotel & Casino $800,065.53 7.67% 2 Nova Southeastern University $590,031.79 5.66% 3 Broward College $547,509.61 5.25% 4 Actavis, Inc. $250,727.77 2.40% 5 Broward County School District $245,681.41 2.36% 6 HCA Health Services of Florida $191,440.87 1.83% 7 Reddy Ice Group, Inc. $182,464.18 1.75% 8 GSG Residential Sunforest LLC $182,460.35 1.75% 9 Ferncrest Utilities $136,496.23 1.31% 10 Courtyards at Davie Condo Association $111,792.21 1.07% Total $3,238,669.95 31.05% Top 10 Sewer Users 10/1/15-9/30/16 $11,740,062.38 Customer Revenue % 1 Seminole Hard Rock Hotel & Casino $791,804.61 6.74% 2 Nova Southeastern University $600,410.44 5.11% 3 Broward College $389,007.14 3.31% 4 GSG Residential Sunforest LLC $321,758.40 2.74% 5 Broward County School District $237,989.49 2.03% 6 Courtyards at Davie Condo Association $169,760.78 1.45% 7 Royal Grand Condominium $146,276.45 1.25% 8 Apartments at Palm Ranch, LLC $145,524.80 1.24% 9 Actavis, Inc. $142,168.79 1.21% 10 ERP Operating LP $120,344.91 1.03% Total $3,065,045.81 26.11% Top 10 Water and Wastewater Users Customer Revenue Water & Wastewater 1 Seminole Hard Rock Hotel & Casino $1,591,870.14 2 Nova Southeastern University $1,190,442.23 3 Broward College $936,516.75 4 GSG Residential Sunforest LLC $504,218.75 5 Broward County School District $483,670.90 6 Actavis, Inc. $392,896.56 7 Courtyards at Davie Condo Association $281,552.99 8 Apartments at Palm Ranch, LLC $233,213.91 9 Royal Grand Condominium $230,052.08 10 SCG Atlas New River Cove LLC $215,184.87 Total $6,059,619.18