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Mayor says Hollywood enters 2026 on ‘strong financial foundation,’ cites $900M budget and tax-rate cuts
Summary
In a State of the City address, the mayor said the city’s FY2026 adopted budget tops $900 million, certified taxable value hit a record $27.4 billion, and the commission cut the operating property tax rate to its lowest level since 2011.
Mayor (unnamed) delivered the State of the City address Wednesday, saying Hollywood "enters 2026 on solid footing with a strong financial foundation." He told residents the fiscal year 2026 adopted budget "has reached over $900,000,000, net of transfers," roughly $100 million higher than the previous year.
The mayor framed the figures as enabling continued investment without dipping into…
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