The Orlando City Council approved a proposed ad valorem tax rate of 1 mill and a tentative budget of about $4,400,000 for the Downtown Development Board (DDB) at the council’s first public hearing on the fiscal 2025–26 budget. The council took the action by motion of Commissioner Rose, seconded by Commissioner Stewart, and the motion carried after no requests for public comment.

Staff told the council the DDB’s 1‑mill rate is 73.68% lower than the DDB rollback rate of 3.7993 and that the rate and budget were submitted to the property appraiser by the TRIM filing deadline. The staff presentation said the DDB budget has not changed since the July 14 workshop and that budget materials were posted to the city website on July 21.

The DDB’s tentative budget and millage will return to council for final adoption at the second public hearing scheduled in two weeks.