Broward finances with only debt and common equity, so it has no preferred stock. Broward finances with only debt and common equity, so it has no preferred stock.The Broward County Budget provides Broward County residents, and the Board of County Commissioners, with a funding plan for FY24. Transit Formula. Funds. • Capital Improvement Plan and Plant Survey. Reports in Accordance with Government Auditing Standards and. Chapter 10.550, Rules of the Auditor General of the State of Florida. In estate planning, a "step up in basis" is a strategy used to avoid capital gains tax when passing an asset on to heirs. Newly filed summary data may not appear for up to 48 hours. Broward's taxable property values had a large negative impact on capital millage revenues.