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Naples adopts 2025–26 budget, sets general millage at 1.23 mills
Summary
The Naples City Council on Sept. 22 unanimously adopted the city’s fiscal 2025–26 final budget, set the general millage rate at 1.23 mills and approved final budgets for the East Naples Bay and Moorings Bay special taxing districts.
The Naples City Council unanimously adopted the city’s fiscal year 2025–26 final budget and fixed the city’s general millage rate at 1.23 mills during a special budget public hearing on Monday, Sept. 22. Council members also approved final budgets and millage rates for the East Naples Bay and Moorings Bay special taxing districts.
Finance Director Stefan Massall told the council the hearing’s statutory purpose was to adopt tentative budgets and millage rates and to demonstrate compliance with Florida’s TRIM advertising requirements. "The purpose of today is to adopt those tentative budgets that were previously approved on September 3 and millage rates per Florida statutes," Massall said during his presentation.
The council voted on six resolutions tied to the city budget and the two dependent taxing districts. The council set the city general millage at 1.23 mills (unchanged from the prior year) and reported an aggregate millage of 1.2473 mills that is 5.42% higher than the aggregate rollback rate. Massall said the…
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