Coral Springs - Profile

 
     
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Coral Springs - Profile


History

Coral Springs is one of the most successful planned communities ever built. Known as “the City in the Country,” Coral Springs has become the premier South Florida community, known for its abundant parks, quality schools, athletic programs, and attractive neighborhoods. Prior to its incorporation as a City in July 1963, the area that was to become Coral Springs was part of a huge tract of land that totaled over 20,000 acres of marshy wilderness in western Broward County.

The biggest change to affect the City began in 1993 when City Management implemented a Total Quality Management program, designed to completely overhaul operations and service delivery by becoming customer-focused and quality-oriented. The central feature of the program was a new business model that would take us from “government as usual” to a high-performance municipal corporation. The strategic and business planning system we use today—allocating resources strategically through data-driven decision making—was instituted in 1995. It didn’t take long for the new model to prove itself. In 1997 Coral Springs was awarded the Florida Governor’s Sterling Award, making it the first municipality to be awarded a state-sanctioned, Baldrige-based quality award, and again in 2003, receiving the GSA for a second time validating our sustained commitment to delivering the highest quality of customer service to our community. In 1998, our “Time=Life Team,” a process improvement team that created the City’s outstanding Emergency Medical Services division, won the Florida Sterling Quality Conference Team Showcase Award and went on to place fourth at the National Conference. Soon after, the Forest Hills Resident Association, one of our older neighborhoods, was awarded the Neighborhood of the Year Award from Neighborhoods, USA.

Recognition wasn’t the only positive outcome from the City’s business model. When 95% of our residential property was developed in the late 1990s, we reached “build-out,” a time when growth-related revenues dropped precipitately. We were able to make the transition smoothly, without any change to our current operating millage rates. The new millennium has brought even more exciting news. We have won the first ever Florida City of Excellence Award presented by the Florida League of Cities. The Award recognized overall excellence in city government, including leadership, fiscal management, innovation, customer involvement, and technology. We are also among an elite group of cities nationwide to have bonds rated “AAA” by all three rating agencies on Wall Street. We also received an upgrade to "AAA" by Fitch-ICBA for our Water & Sewer Revenue Bonds. These are the highest ratings from both organizations, further proof that our methods work even in uncertain times.  

Coral Springs At A Glance

Incorporated July 10, 1963 
Commission - City Manager Form of Government
Five-member City Commission, nonpartisan, elected at large
City Manager appointed by the City Commission

Population        
1980  

 37,349

 1999

 111,724

1990

 78,864

 2000

 117,549

1993

 88,944

 2001

 120,085

1994

 90,586

 2002

 122,687

1995

 93,439

 2003

 124,000

1996

 98,553

 2004

 126,711

1997

 102,916

 2005

 126,852

1998

 107,156

 Est. 2006

  132,611

(As of April 1st of each year from Bureau of Economic and Business Research-BEBR-Year 2000 is U.S. Census Bureau)                                       

Median Age     34.1
Source: 2004 U.S. Bureau of the Census, American Community Survey

Number of Households (COs thru 7/1/2005) 44,500
    Single Family/Duplex 23,975
    Multi-Family 20,525

Median Household Income      $67,419

Racial Composition    
 White

 78.4%

 Black or African American

 12.6%

 American Indian, Alaskan Native

 0.8%

 Asian

 4.2%

 Other

 2.7%

 Native Hawaiian & Other Pacific Islander

 0.0%

 Two or more races

 1.6%

 Hispanic Ethnicity

19.4%


Source: 2004 U.S. Bureau of the Census, American Community Survey and Certificate of Occupancy data. 

Education

For School Year 2004-2005   

Number of Public/Charter Schools

22

    Elementary

12

    Middle

5

    High Schools (including Douglas)

5

Number of students

28,356


(Includes public schools and out-of-city limits Stoneman Douglas High School (3,259).

Land Use
 Land Area    23.5 sq. miles
 Land Use:

 % of Total

 Residential

 53.0%

 Traffic Circulation

 13.0%

 Commercial

 7.0%

 Recreation/Open Space

 8.0%

 Waterways

 8.0%

 Schools/Community Facilities

 7.0%

 Industrial

 3.0% 

Downtown LAC

1.0%

 

 100.0%

   
 Developed

 96.0%

 Undeveloped

 4.0%

 

 100.0%


Source: Community Development Land Data Record System and GIS.

Economics
Office Space

2.5 million sq. ft.

Retail Space

5.4 million sq. ft.

Industrial Space

2.5 million sq. ft.

Assessed Taxable Property Valuation

$8,222,956,965

(2005 Tax Year)

Principal Taxpayers:

% of Total
Assessed Value

 Coral-CS/LTD Assoc.

 1.29%

 Rayman Sutton Place Trust

 0.66%

 Florida Power & Light

 0.64%

 JPI Coral Springs LP

 0.64%

 Knickerbacker Properties

 0.62%

 ERP Operating LP

 0.56%

 Southern Bell Telephone Company

 0.51%

 Grand Isles LTD.

 0.51%

 Merry Land & Investment Company Inc.

 0.43%

 Imt.-LB South FL LLC

 0.40%


Source: FY 2003 Broward County Revenue Collection.

Property Tax Millage Rate:
General Operating

$3.8715

Voter-Approved Debt

$ 0.2510

Total

$4.1225

Bond Ratings:
Moody’s Investors Services        Aaa
Standard and Poors                   AAA
Fitch Rating Services                 AAA

Per Capita Debt:
General Obligation Debt Per Capita     $133
(Fiscal Year End 2004)

Fiscal Year 2006 Net Adopted Budget:     $122,374,445

For more information, please visit www.coralsprings.org



Sponsored by Sarasota County’s Center for Maximum Public Performance (CMPP)