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Greenacres council sets tentative millage at 6.3 mills, holds first hearing on $81.8 million FY2026 budget
Summary
At a public hearing, the Greenacres City Council set a tentative property tax rate of 6.3 mills on first reading and heard a presentation on a proposed $81,792,071 operating budget for fiscal year 2025–26; the millage ordinance passed unanimously on first reading.
The Greenacres City Council on first reading set a tentative ad valorem millage rate of 6.3 mills and received a staff presentation on a proposed $81,792,071 operating budget for fiscal year 2025–26.
City Manager Miss McHugh opened the city's first budget hearing by reading the millage ordinance and explaining the Truth in Millage (TRIM) procedural steps required by Florida law. She told the council that the Palm Beach County Property Appraiser certified total taxable value for city property at $3,382,129,026, an increase of $240,847,423 (7.67%) over the prior year.
The council's tentative millage of 6.3 mills is 7.43% higher than the rollback rate (5.8641 mills) and, McHugh said, would generate $20,455,116 in ad valorem revenue — $1,530,146 more than fiscal year 2025. Council members voted to approve ordinance 2025-17 on first reading; the motion carried…
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