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Board adopts tentative 2025-26 millage rates and $598.7 million tentative budget; final vote set for September
Summary
At a Truth-in-Millage public hearing Aug. 5 the Martin County School Board adopted tentative millage rates (proposed 5.727 mils) and a tentative $598,662,312 budget for fiscal 2025-26; both approvals were unanimous and set a ceiling the board may lower at final vote in September.
The Martin County School Board conducted a TRIM (Truth in Millage) public hearing on Aug. 5 and approved tentative millage rates and a tentative budget for fiscal 2025-26.
Carter Morrison, the districtfinance presenter, said the proposed overall millage rate for 2025-26 is 5.727 mils compared with 5.75 mils adopted in 2024-25. The proposed rate combines the required local effort, discretionary operating millage, the additional voted millage (0.425) and the capital outlay millage. Morrison noted a scrivener's error in the resolution language that listed a 2.41 percent figure; the correct calculation is roughly 9 percent above the rollback rate given current assessed values.
Morrison illustrated homeowner examples: for a home with a $378,000…
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