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Cocoa Beach sets maximum proposed millage at 6.00 mills; two budget hearings scheduled
Summary
After a lengthy presentation and debate on rising property values and service costs, the commission set a proposed maximum millage rate of 6.00 mills for fiscal 2026 and scheduled the statutorily required public hearings for Sept. 4 and Sept. 18.
The Cocoa Beach City Commission set a proposed maximum millage rate of 6.00 mills for the 2025-26 fiscal year after staff presented options comparing the cityrollback rate and the current rate.
Finance Director Hannah Juman explained the statutory process and two rates under consideration: the rollback rate (5.6945 mills), which would generate the same ad valorem revenue as the prior year, and the current rate the city used previously (6.1644 mills). "The rollback millage rate brings in the same dollar amount received in the prior fiscal year," Juman said, and noted state…
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