Sweetwater CRA — Tax Increment Projection Tool

City of Sweetwater · Community Redevelopment Area · 2025 base · interactive model

Distribution

The remaining share stays with the City & County general funds.

Growth

Property-tax reform (HJR 1)

Assume amendment passes
Raises homestead exemption ($150k 2027 / $250k 2028) and caps non-homestead growth at 5% from 2027. Allapattah is ~94% non-homestead, so the effect is modest.

Custom projects

Project nameValue $Year
Add a new building's taxable value and its delivery year. It joins the increment from that year forward (and grows with the base).
40-yr City of Sweetwater TIF
40-yr County TIF
40-yr Total TIF
Through 2034 (10 yr)

Year-by-year projection 95% · HJR 1 on

YearTaxable valueIncrementCity TIFCounty TIFTotal TIFCumulative
City of Sweetwater operating millage 3.5634 · Miami-Dade countywide operating 4.5740. Base taxable value $879,574,702 (1,177 parcels, 2025 certified roll). City of Sweetwater 3.5634 + Miami-Dade countywide 4.5740 operating millage. The major Flagler Center / Lil Abner redevelopment can be modeled by adding it as a custom project. Increment = taxable value above the frozen base. TIF = increment × millage × participation. A planning tool, not a budget forecast.