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City council adopts FY2026 millage rate 6.455 and $100.47 million budget
Summary
On second reading the council adopted a 6.455‑mill property tax rate for FY2026 — 6.43% above the rolled‑back rate — and approved the city’s $100,470,833 operating and capital budget. Council adopted the tax and budget by roll call and second reading votes as required by Florida law.
The City Council adopted the fiscal year 2026 property tax levy and annual budget on second reading.
Finance Director John Ingram presented the recommended millage rate of 6.455 mills per $1,000 of assessed value, which he said is identical to the current year’s rate and 0.3902 mills (6.43%) higher than the rolled‑back rate of 6.0648. Ingram said the levy increase is driven by personnel and insurance cost assumptions, including a 4% cost‑of‑living adjustment for general employees and a 2% merit increase contingent on successful performance evaluations, multi‑year union contract funding, increases in general liability and health insurance costs and other operating pressures; the budget also reflects a debt service reduction tied to the final payment on the Temple Terrace Country Club loan.
On second reading, the council adopted Ordinance 15‑83 setting the millage (roll‑call recorded as ayes from Fernandez, Chambers, Kravitz, Vice Mayor Schisler and Mayor Ross) and Ordinance 15‑84 adopting the fiscal year 2026 budget at $100,470,833. Ingram reviewed highlights including several capital funds (street improvement funds and mobility fee separation), community investment tax and tax‑increment financing allocations, and water/sewer capital projects and renewal and replacement funding.
Action: The vote on the millage and the budget were adopted on second reading by roll‑call and recorded as affirmative; staff said the budget documents, capital schedule and related fund transfers will be managed by the finance director and city manager per ordinance language.
