News Politics

Margate Approves Property Tax Millage Rate

by David Volz September 18, 2025

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Opinion: Margate's Future at Risk Due to Political Contributions and Poor Development Decisions

Margate City Hall {City of Margate}

The commission approved the millage rate for the city during a final budget hearing on September 17.

The millage rate for fiscal year 2025/2026 is 7.5378 mills per thousand dollars of assessed valuation, which includes 0.4207 for the voted debt service. The operating millage rate of 7.1171 is 7.47% higher than the roll-back rate of 6.6221.

The average assessed value of a single-family home in Margate is $203,617, according to city information. Property taxes for an average single-family home would be $1,534.82..

There was little discussion among the commissioners. Vice Mayor Antonio Arserio said residents should know that property taxes have not increased in the last seven years.

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Author Profile

David Volz

David Volz has worked as a writer in South Florida for 35 years. He has written for the Sun-Sentinel, Hollywood Gazette, School Transportation News, South Dade News Leaders, Observer among others. He has an MA in Communications from Florida Atlantic University and a BA in Communications from Valparaiso University. Volz teaches Communications at Miami Dade College and Palm Beach State College. He lives in Coral Springs and enjoys running and participating in 5Ks and half-marathons.