Boca Raton previews balanced FY 2025–26 budget with slight millage decrease and $282 million next‑year CIP
City CFO Jim Zervis presented a balanced draft budget July 14 that lowers the millage rate slightly, shows a 7.51% increase in assessed valuation and includes a five‑year CIP totaling about $1.3 billion with $282 million in year one.
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The City of Boca Raton’s draft fiscal 2025–26 budget, presented July 14 at a council workshop, is balanced and includes a modest millage-rate decrease alongside a multi-year capital program, city Finance officials said.
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