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Commissioner: Proposed millage raises average property tax by about 6.5%

City Commission of Key Colony Beach · September 18, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Commissioner Tom Harding told the commission the proposed FY2025–26 budget would mean an average property tax increase of about 6.5%, with the millage moving from 2.76 to 2.82; he reported no changes to stormwater or wastewater funding.

At the Sep. 18 final budget hearing, Commissioner Tom Harding summarized the financial changes in the proposed FY2025–26 budget and said, "an average tax increase of 6.5%, and a proposed millage rate increase from 2.76% to 2.82%, which is a 2.17% increase in the millage." The commission had no questions following Harding’s report.

Harding stated the financials included only verbiage updates and specifically noted there were no changes to the stormwater or wastewater budgets. The hearing record shows no public comments were received on the budget during the meeting.