District Budget

The Captiva Erosion Prevention District (CEPD) Board of Commissioners have the power to levy and assess an ad valorem tax not exceeding 10 mills on all taxable property in the District to pay for the maintenance, operation, and other corporate purposes of the District, to pay the principal of an interest on any general obligation bonds of the District, and to provide for any sinking of other funds established in connection with any such bonds. That portion of the ad valorem taxes used for operations, maintenance, and other corporate purposes of the District shall not exceed 5 mills during any one year.

The CEPD Board of Commissioners hold publicly noticed tentative and final budget hearings each year. Prior to the hearings, taxpayers receive The Notice of Proposed Property Taxes known as the TRIM notice.The millage and budget hearings are the best opportunities for taxpayers to provide input into the budget and are monitored by the Florida Department of Revenue to ensure compliance with the law. The hearings are designed to ensure taxpayers awareness of the proposed millage changes, the proposed budget changes, and, if any, the percent of change in the rolled-back rate. Rolled back rate is defined as the millage rate which provides the same property tax revenue as was levied during the previous year.

CLICK HERE to view the Captiva Erosion Prevention District Budget Amendment BA 2016-01

CLICK HERE to view the Captiva Erosion Prevention District 2016-2017 Budget

CLICK HERE to view the Captiva Erosion Prevention District FY 2016-2017 Budget Resolution