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Cape Canaveral council trims FY2025–26 budget to rollback rate, weighing cuts to city hall air conditioner and parks projects
Summary
City staff told the Aug. 19 workshop the move to the rollback millage reduced ad valorem revenue by about $1.46 million and requires additional use of reserves and cuts to capital projects; councilors debated restoring park maintenance versus removing a $325,000 city hall air-conditioning project and scheduled the first budget hearing for Sept. 3, 2025.
City of Cape Canaveral staff on Aug. 19 told the City Council at a budget workshop that reducing the proposed millage to the rollback rate cut about $1,458,000 in ad valorem revenue and required using more reserves and trimming capital and operating items to balance the fiscal year 2025–26 budget.
The change in revenues and offsets was described in a memo read by finance staff. "By taking the millage rate down from the proposed to the rollback rate, we have lost $1,458,000 in ad Valerum revenue," finance staff said, and noted that the use of reserves increased from $747,000 to $926,000. The memo also said transfers from the general fund to the community redevelopment agency (CRA) would fall by $359,000 and that EV‑charging revenue estimates were corrected down to about $5,000.
Why it matters: the staff presentation made clear the council must choose which capital projects to postpone or fund from reserves to remain at the rollback rate. "We had to find $1,100,000, which we have done,"…
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