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Tequesta manager previews 2025-26 budget, recommends holding millage at 6.4595 mills
Summary
Village Manager Jeremy Allen presented a first look at the Village of Tequestabudget on June 16 and recommended holding the millage at the current 6.4595 mills while drawing limited reserves for one-time capital projects.
Village Manager Jeremy Allen opened the Village of Tequestabudget workshop at 6:01 p.m. on June 16, 2025, and described the presentation as a "first look" at the 2025-26 budget.
Allen said the administration recommends keeping the millage rate at 6.4595 mills and noted the legal timing for the property-tax process: certified ad valorem values will be provided on July 1 and the council will set a maximum millage rate at its July meeting. "July, we do set the maximum tax rate, millage rate," Allen said. "You can always go down, but you can't go up." (Village Manager Jeremy Allen)
Why it matters: the millage and revenue assumptions determine how much the village can fund operations, pay for capital projects and respond to rising personnel and insurance costs. Allen told council members the village is projecting a relatively flat tax base in the coming years and has modeled…
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