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Rainbow Lakes Estates Approves $1.6M Budget and 9.64% Tax Increase for 2025-2026

September 22, 2025 | Marion County, Florida


This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

Rainbow Lakes Estates Approves $1.6M Budget and 9.64% Tax Increase for 2025-2026
Marion County's Board of County Commissioners has officially adopted the fiscal year 2025-26 budget for the Rainbow Lakes Estates Municipal Service District, totaling $1,613,373. This decision was made during the final public hearing held on September 22, 2025, where the board also approved a millage rate of 1.25 mills, maintaining the same rate as the previous fiscal year.

The budget reflects a 9.64% increase over the rollback rate, primarily driven by a rise in operational expenditures amounting to $243,863 and a decrease in fund balance carry forward of $134,845. The meeting, which included a roll call and public comments, saw no objections from attendees regarding the budget or tax increase.

Commissioner Stone made the motions to adopt both the final millage rate and the budget, both of which passed unanimously. This budget approval is crucial for funding essential services within the Rainbow Lakes Estates community, ensuring continued support for local operations and infrastructure. The board's swift action underscores its commitment to maintaining fiscal responsibility while addressing the needs of the community.

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