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High Springs presents proposed 2026 budget; no millage increase proposed as FRS, benefits eat most gains

5405075 · July 16, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At a budget workshop the High Springs City Commission reviewed the proposed fiscal 2026 budget, which includes a 3% across‑the‑board raise, no recommended millage increase, and large retirement (FRS) cost increases that absorb most new revenue.

At a budget workshop the High Springs City Commission reviewed a proposed fiscal 2026 budget that does not recommend a property‑tax (millage) increase but sets a higher maximum to preserve flexibility if costs change. The draft includes a 3% across‑the‑board pay increase and several targeted adjustments, while rising Florida Retirement System (FRS) and health insurance costs consume most of the additional revenue.

The finance presenter said, “we are not proposing an increase to the millage,” and added that the commission will be asked to set a maximum millage rate later to preserve the option of a small increase if needed. The presenter identified a $424,767 rise in ad valorem revenue available to the city, but said “a lot of the additional money that we get from property tax… gets eaten up by FRS, health insurance, the cost, and the rising cost of things.”

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