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Punta Gorda sets tentative millage, adopts tentative $203.7 million budget; final hearings set for Sept. 24
Summary
City council adopted a tentative millage rate equal to the rollback rate of 3.8686 mils and approved a tentative all‑funds budget of $203,669,943; public hearings on final millage and budget set for Sept. 24 at 5:01 p.m.
PUNTA GORDA, Fla. — The Punta Gorda City Council voted Wednesday to adopt a tentative millage rate equal to the calculated rollback rate and to approve a tentative all‑funds budget for fiscal 2025–26.
Council approved a tentative millage rate of 3.8686 mils, the council was told is the city’s calculated rollback rate, and set the final public hearing on the millage and budget for 5:01 p.m. Sept. 24 in the Lashley Community Room. The council also approved a tentative all‑funds budget of $203,669,943 (net of interfund eliminations: $186,176,005), with a staff presentation showing an ad valorem revenue estimate of $19,340,100 at a 96% collection…
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