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Board of Finance sets FY2026–27 mill rate at 28.40, a 2.73% increase
Summary
At a June 18, 2026 special meeting, the Board of Finance voted to set the fiscal year 2026–27 mill rate at 28.40, a 2.73% increase over the prior year; the motion was moved, seconded and carried by voice vote with no opposition recorded.
The Board of Finance met in a brief special session June 18, 2026, and approved setting the fiscal year 2026–27 mill rate at 28.40, which the chair described as a 2.73% increase over last year.
The chair opened the meeting to consider the already-approved FY2026–27 budget and put the mill-rate change to a motion "to accept changing the mill rate to 28.40," which was moved and seconded by board members (movers and seconders not named on the record). The chair then called the question.
"The mill rate would be set at 28.40, which would represent a 2.73% increase over last year's mill rate," the chair said when describing the motion.
A voice vote followed. No member voiced opposition or an abstention on the record and the chair declared the motion carried. The board then moved to adjourn; that motion was also seconded and approved, and the meeting closed shortly thereafter.
The action implements the mill rate tied to the FY2026–27 budget previously discussed and voted on in earlier sessions; the transcript does not record the names of the members who moved or seconded the motion, nor a roll-call tally of votes. Further details about the budget line items or the expected revenue impact on specific property classes were not specified in the meeting record.
