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Boca Raton council adopts 2026 downtown special assessment equalization
Summary
The Boca Raton City Council unanimously approved Resolution 129-2025 to equalize the 2026 downtown special assessment; the city sets the assessment rate at 0.001, a modest reduction from 2025 driven by rising downtown property values. The measure passed 5-0 with no public objections recorded at the hearing.
The Boca Raton City Council voted unanimously to adopt Resolution 129-2025, equalizing the 2026 downtown special assessment for properties in the Downtown Special Assessment District.
Mr. Brown, the city’s special projects manager in the financial services department, presented the annual assessment calculation and recommended adoption. He described the method as dividing the total required bond payment by the total downtown market value to arrive at the assessment rate and said the 2026 rate is 0.001, "a reduction of a little over 5.5% from 2025," citing higher property values as the…
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