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Palm Bay presents FY2026 budget that maintains millage, prioritizes public safety and roads
Summary
City Manager Matthew Morton and finance staff presented a FY2026 proposed budget that holds the millage at 6.7339, funds a $155 million general fund with large allocations for police and fire, sets aside $3.25M plus $1.25M local gas-tax for roads, and proposes a $600,000 fleet replacement reserve; public hearings set for Sept. 8 and Sept. 24.
City Manager Matthew Morton and finance officials presented the City of Palm Bay’s proposed Fiscal Year 2026 budget, maintaining the current millage rate at 6.7339 while prioritizing public safety, capital projects and road maintenance.
"This proposed budget for the city of Palm Bay is more than just a financial document," City Manager Matthew Morton said, calling it "a dynamic and thoughtful blueprint for the future of this community." Assistant Finance Director Angelica Collins told the council staff built the general fund budget on the current 6.7339 rate and stressed, "We are not increasing our tax rate. It is staying the same."
Staff presented all-funds revenues of about $324.7 million and a general fund proposal of roughly $155 million. The budget as proposed dedicates a large share of general fund spending to public safety: staff said fire and…
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