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Ocean Ridge sets maximum millage at 5.4 mills; first budget hearing set for Sept. 14, 2026
Summary
The Town Commission voted to include a 5.4‑mill maximum operating rate on the TRIM notice for fiscal 2026–27 and scheduled the first public hearing for Sept. 14, 2026; staff warned that state ballot measures could materially affect future revenue projections.
The Ocean Ridge Town Commission voted to approve a maximum operating millage rate of 5.4 mills for fiscal year 2026–27, to be included on the TRIM notice, and set the first tentative budget hearing for Sept. 14, 2026. The motion passed on a voice vote after commissioners discussed uncertainty about pending state actions that could affect municipal revenue.
Budget staff summarized the town’s fiscal outlook ahead of the vote. “Property tax revenue anticipated at about $10,000,000,” staff said, noting that property taxes account for roughly 77% of the town’s expected revenue for the coming year. Commissioners debated whether to set a lower placeholder rate and reconfirm in September or adopt the higher 5.4‑mill maximum as a precaution against unknown changes at the state level. The commission’s vote finalizes the maximum that will appear on notices to property owners; the final millage can be lowered but not increased later in the process.
