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Wellington council adopts tentative FY2026 budget, holds millage at 2.47 mills
Summary
At a Sept. 3 meeting the Wellington Village Council approved a tentative $155.9 million fiscal 2026 budget and kept the ad valorem millage at 2.47 mills. Council set a second public hearing for final adoption; staff and council highlighted capital projects, public safety investments and a $20 million unassigned fund balance.
Wellington Village Council voted 5-0 on Sept. 3 to adopt a tentative fiscal year 2026 budget of $155,900,000 and to keep the ad valorem millage rate at 2.47 mills, city staff said during a first public hearing.
The proposed budget, presented by Ms. Quirkle, a village budget presenter, shows a $6.9 million (4.7%) increase from the current year driven largely by capital improvements, enhanced public safety and resident programs. Ms. Quirkle told the council the proposed ad valorem revenue using the 2.47 millage rate is $31,000,000 and that the village’s unassigned general fund balance is projected at $20,000,000, about 28% of operating expenditures.
Why it matters: the council’s tentative adoption sets Wellington’s spending plan for…
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