Florida CFO's Broward figures sound shocking, but leave property tax picture murkier than before
Briefly

Florida CFO's Broward figures sound shocking, but leave property tax picture murkier than before
"The intent was clear: Depict Broward County government as a hotbed of wasteful, abusive and excessive spending. CFO Blaise Ingoglia got the desired headlines online, in print and on TV. But after the big reveal - he removed a large blue cloth to reveal a large chart on an easel purporting to show "over spending" and "over taxing" and held up a series of smaller cards with big numbers - questions abound."
"He said state analysts had examined property taxes and spending by Broward County government over six budget years, starting with the 2019-2020 fiscal year and ending with the 2024-2025 fiscal year, which ended on Tuesday. Ingoglia's conclusion: County government spending was $617.6 million more in the most recent fiscal year than it was in fiscal 2019-2020. He said his office indexed the spending from the first year to account for inflation and population growth."
CFO Blaise Ingoglia presented a visual exhibit asserting Broward County government engaged in wasteful and excessive spending. State analysts examined property taxes and county spending across six fiscal years from 2019-2020 through 2024-2025. The presentation concluded county government spending was $617.6 million higher in the most recent fiscal year than in 2019-2020. The office indexed the baseline spending for inflation and population growth and applied additional 5% and 10% buffers. The formula yielded $427.8 million as reasonable added spending and identified $189.8 million as spending beyond inflation and population adjustments. Questions remain about motive and interpretation.
Read at Sun Sentinel
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