Actual

Target

Description

This KPI measures the rate of growth in the non-residential (commercial, industrial, and institutional) tax base within Coral Springs compared to the previous year. It reflects efforts to diversify the tax base, stimulate economic development, and enhance revenue stability. Increasing the percentage of non-residential tax base growth signifies economic diversification beyond residential properties. A growing non-residential sector supports a more balanced and resilient economy, reducing dependency on residential property taxes and mitigating revenue risks. This performance measure is used to track the progress for Goal 4: A Thriving, Resilient Business Community. Source: Broward County Property Appraiser