TO: Mayor and City Commission
FROM: Cale Curtis, City Manager
DATE: September 09, 2026
Title
ADOPTING A TENTATIVE BUDGET FOR THE 2026/2027 FISCAL YEAR AND AUTHORIZING THE ADMINISTRATION TO OPERATE ON SAID TENTATIVE BUDGET AS AMENDED PURSUANT TO FLORIDA STATUTE UNTIL ADOPTION OF THE FINAL BUDGET FOR SAID FISCAL YEAR.
BACKGROUND: Providing for adoption of a tentative budget for Fiscal Year 2026/2027.
RECOMMENDATION: Approve.
FISCAL IMPACT: The tentative Fiscal Year 2026/2027 budget for all funds totals $251,248,610. The General Fund is $90,665,628 and the Enterprise Funds (Water/Wastewater and Stormwater Fund) total $137,704,401 and are self-supporting from user fees. The tentative General Fund budget reflects a $5,294,414 (6.20%) increase from the adopted FY 2025/2026 General Fund.
There was a slight increase in the fire assessment rate with the residential rate at $305 per household; other non-residential property use categories and nursing home properties also increased slightly.
This tentative budget provides for no increase in the operating millage of 7.1171 mills; however, total millage decreased by 0.0219 from 7.5378 mills to 7.5159 mills.
CONTACT PERSON: Ismael Diaz, Finance Director