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Hillsborough County outlines FY2026 budget framework and proposes 0.1 mill swap to bolster unincorporated services
Summary
At a June 11 budget workshop, county staff presented an FY2026 budget framework that includes a proposed 0.1 millage swap to shift revenue from the countywide rate to the unincorporated rate, projected reserve changes and one-time savings and investments in transportation and public safety.
Kevin Brickey, Management and Budget, updated the Hillsborough County Board of County Commissioners on June 11 on the county's path to a recommended fiscal year 2026 budget, including a proposed 0.1 millage swap that would reduce the countywide millage and increase the unincorporated millage to help fund services in unincorporated areas.
"We continue to keep in mind our guiding principles, where we are looking to adopt a strategically balanced budget, where recurring revenues and recurring expenses are in line," Brickey told the board during the budget workshop.
The presentation is the third of four scheduled budget workshops ahead of the county administrator's delivery of a recommended FY2026 budget at the July 16 regular meeting. The county administrator also recommended a July 23 workshop focused on transportation, stormwater and the indigent healthcare fund.
Why it matters: the millage swap and one-time funding choices affect property tax bills for city and unincorporated parcel owners, reserve ratios that underpin the county's AAA credit rating and planned capital and operating investments in transportation, fire…
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