Martin D. Sherwood
Town Financial Administrator
Phone: (954) 434-0008
Fax : (954) 434-1490
Finance & Budget Staff
Richard Strum, Controller
Venessa Redman, Senior Procurement & Budget Officer
Address: 13400 Griffin Road Southwest Ranches. FL 33330
Marty Sherwood comes to the Town with over twenty-five years of experience as a Certified Public Accountant, Certified Government Finance Officer and Chartered Global Management Accountant. Most recently Marty was Director of Finance at the Town of Surfside, Florida in Miami-Dade County. Prior to that he served the City of Aventura as Controller as well as with Broward County Government: Records, Taxes, and Treasury (RTT), Water/Wastewater and Solid Waste/Recycling Divisions.
During his career, Marty has primarily served both the public accounting and governmental sectors. Marty received his Bachelor of Science (BS) in Accounting from Bentley University, Waltham, MA and his Master in Business Administration (MBA) – Accounting from the University of Miami, Coral Gables, FL.
Marty and his family reside in Cooper City. His wife Pam is a teacher at Gator Run Elementary, their son is a biomedical engineering graduate of Georgia Institute of Technology, while their daughter is a registered nurse employed with Memorial Healthcare System and an alumni of Florida State University.
The position of Town Financial Administrator was approved by Referendum on November 7, 2006, and is provided for in the Town Charter’s Section 3.11. The Town Financial Administrator is appointed by, and reports directly to, the Town Council.
Town Financial Administrator duties include:
- Manage all Town policies, ordinances, and resolutions relating to financial matters
- Manage all purchasing and acquisition activities, including evaluation and selection of vendors
- Prepare and execute payroll and accounts payable on a regular basis
- Oversee daily recording and deposits of cash receipts
- Assist external auditors in performance of annual audit
- Prepare ad valorem and non ad valorem tax rates, budget reports, and TRIM notices
- Prepare all necessary financial statements
- Prepare annual state AFR and CAFR reports
- Perform other duties as are specified in the Charter or as may be required by the Council from time to time
Vendors, suppliers, and contractors are paid bi-weekly by our Accounts Payable section after processing and approval by the appropriate Town department.
Send invoices to:
Town of Southwest Ranches Attention: Finance & Budget 13400 Griffin Road Southwest Ranches, FL 33330
Send invoices to: Town of Southwest Ranches Attention: Finance & Budget 13400 Griffin Road Southwest Ranches, FL 33330 Phone: 954-434-0008 E-mail: firstname.lastname@example.org All services performed by the Town for individuals are paid to the Accounts Receivable Department. Such services may be for paper copies of documents, copies of CDs, purchasing Town merchandise, and other services offered through our contractors. Certain vendors, such as CAP Government Inc., The Mellgren Planning Group, and Code Services, Inc. collect checks for the Town for various permitting, planning and zoning services. ALL Checks or Money Orders MUST be made out to the “Town of Southwest Ranches” . Cash is accepted for merchandise under $50. Exact change only please. Thank you.
Current Local Taxes
The following are the major Town taxes for fiscal year 2019-2020.
Ad Valorem/Property Tax
The Broward County Property Appraiser’s Office sets the Town’s assessed and taxable values of property. Ad valorem translates from Latin, “according to value.” This is the property tax paid based upon the assessed value of one’s property and it is calculated by a millage rate. Each mill generates $1 of tax revenue for every $1,000 of taxable property value. Taxable value may differ from assessed value because of exemptions, the most common of which is the $25,000 to $50,000 homestead exemption, and another $25,000 in exemption for homeowners aged 65 or greater, subject to income requirements. The maximum millage a Town may levy is 10 mils, but this can only be accomplished through a unanimous vote of all Council members. Under the Save our Homes provisions (Amendment 10), all homestead properties can only have an annual increase of assessed value of either 3% or the CPI, whichever is less.
For FY 2020, the adopted millage rate is equal to the roll-back rate of 4.6564 mils.
To learn more about how your taxes are disbursed to different agencies, how to pay them, who assesses your property value, how to get a Homestead Exemption and more, please contact the Broward County Property Appraiser by Clicking Here !
Sales and Use Taxes
The State of Florida has up to a 6.0% sales tax while Broward County imposes a 1% sales surtax (effective January 2019) specifically for transportation which the Town receives a portion. In addition, the Town receives revenue sharing funds from the State for cigarette taxes, motor fuel, alcohol and beverage licenses, and mobile home licenses. Broward County assesses an additional 2 cents motor fuel tax which is shared with the local governments.
Utility, Franchise, and Local Business Taxes
The Town collects three types of utility, franchise, and local business taxes: electric, gas, and pro-rata Broward County local business taxes. The Town currently does not impose its own local business tax. Utility taxes may be levied at a maximum rate of 10% for each utility. Since Fiscal Year 2002, the Town has been prohibited from collecting taxes on telephone franchises, telephone utility taxes, and cable television franchise taxes. These taxes (considered Communication Services) are now collected by the State of Florida’s Department of Revenue and re-distributed to municipalities according to use records at a rate of 5.22%.