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Cutler Bay adopts 2.8332‑mill rate and approves $146.84 million budget for 2025–26
Summary
At its Sept. 25 final budget hearing, the Town of Cutler Bay adopted a final millage rate of 2.8332 mills and approved a $146,841,231 operating and capital budget for fiscal year 2025–26. Council discussion included funding for Metro Connect transit and fiscal reserves.
The Town of Cutler Bay Town Council voted Sept. 25 to set the final millage rate for fiscal year 2025–26 at 2.8332 mills per $1,000 of assessed property value and to adopt a $146,841,231 operating and capital budget.
The millage rate is 7.03% higher than the rollback rate of 2.6471 mills, a change the clerk read as required by the Truth in Millage notice. Town Manager Ralph told the council the town built the FY26 budget around the 2.8332 mill ceiling adopted earlier in the process and said the town's fund balance reserves exceed…
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