Pensacola City Council keeps millage rate, adopts FY2026 city and downtown budgets

The Pensacola City Council on Sept. 10 held a special meeting and public hearing to adopt final millage rates and the city’s fiscal year 2026 budgets, approving the city millage and two budget resolutions by a 5-0 vote.

The hearing opened with a reading of Truth in Millage (TRIM) requirements and Florida Statutes §166.241, including a required public explanation of any proposed increase over the rollback rate. The council adopted a proposed final city millage rate of 4.2895 mills and maintained a 2.0 mill rate for the Downtown Improvement District; the record states this constitutes roughly an 8.06% increase over the aggregate rollback rate of 4.0883.

Finance Director Amy Loboi told the council the budget process began in January and moves through workshops and public hearings before final adoption. “The reason that the we need the increased funds, is to maintain the services and to meet the increased costs,” Loboi said, citing pay…