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Hollywood adopts $949 million FY2026 budget, lowers total millage to 7.9606 mills
Summary
The City Commission unanimously approved the fiscal year 2026 operating budget, a five-year capital improvement plan and authorization for new positions, while reducing the operating and debt-service millage rates to the lowest level since 2011.
HOLLYWOOD, Fla. — The City Commission on Sept. 25 adopted a $949,000,000 fiscal year 2026 budget that lowers the city’s total millage to 7.9606 mills, approves roughly $95 million in capital projects and authorizes 40 new positions across city departments.
City Manager (name not specified in the transcript) opened the second public budget hearing and said the proposed budget “for the second year in a row” recommends a reduction in the operating millage and a debt-service decrease that together bring the city’s total millage below 8 mills for the first time in about 14 years. Assistant City Manager Adam Reichback outlined the numbers in more detail and noted the total city funds represent an 11.9% increase from FY2025.
The budget vote followed public notice and a second hearing required by Florida law. The commission voted unanimously to set the operating millage at 7.4293 mills (a decrease of 0.0186 mills from the 2025 operating millage), producing a total millage of 7.9606 mills after reductions in three debt-service millage…
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