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Hollywood City unveils FY2026 proposed budget; millage drops below 8 mills as taxable value rises
Summary
City staff presented a combined FY2026 operating and capital budget at a June 20 workshop, proposing a total millage of 7.9805 and detailing investments in public safety, school zone enforcement, community centers and permit processing. No formal decisions were taken at the workshop.
City staff on June 20 presented a proposed fiscal year 2026 operating and capital budget for Hollywood City that would set a total millage of 7.9805 and fund a series of public-safety and service-delivery investments, officials said at a workshop at City Hall.
The presentation, delivered by the city manager and senior staff, put the citywide taxable value at $27.3 billion based on the June 1 report and said that new construction contributed about $310 million to that total. "This truly is one of the more important meetings that we hold throughout the year," the City Manager said during opening remarks.
Why it matters: The proposed budget and millage affect property tax bills for homeowners and set funding priorities for policing, fire prevention and community services. Staff described the proposal as still malleable — the June 1 taxable values are the basis for initial revenue estimates, and July 1 values…
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