Naples council adopts $241 million budget, sets general millage at 1.23

NAPLES, Fla. — The Naples City Council unanimously adopted its fiscal year 2025-26 final budget and fixed the city's general fund millage rate at 1.23 mils during a special budget public hearing on Monday, Sept. 22.

Finance Director Stefan Massall laid out the proposed budget and related TRIM notice disclosures at the hearing, saying the main purpose of the proposed increase was "the effectuation of negotiated salary increases and corresponding benefits for the contracts for fiscal year 2026." The adopted citywide budget totals about $241,000,000, an increase of roughly $32,200,000 from the 2024-25 adopted budget of $208,800,000.

The council also approved final millage rates and budgets for two dependent special taxing districts: the East Naples Bay Special Taxing District (millage 0.50; budget $406,200) and the Moorings Bay Special Taxing District (millage 0.0125; budget $116,285). Councilmembers voted unanimously on all six resolutions to adopt final millage rates and budgets.

Why it matters: the adopted 1.23-mil general fund rate is higher than the general fund rollback rate of 1.1658 mils. City staff said adopting the higher rate would raise an additional $2,364,656 in recurring revenue versus the rollback rate; the aggregate millage across…