On July 17 the commission adopted Resolution 25‑18, establishing a proposed maximum ad valorem tax rate of 4.1345 mills for fiscal year 2026 — the same millage the city has used since fiscal year 2016.
Finance director Les Tyler told commissioners staff recommends setting the maximum rate at 4.1345 mills; the city must certify that rate to the county by July 29 so the county can include it in TRIM notices. Tyler said the rollback rate would be 3.9216 mills and that choosing the rollback rate would reduce general fund revenue by about $919,000 in FY2026.
Commissioners discussed the city’s reserve level and fiscal pressures from recent storms, rising insurance and health‑care costs, and a higher contract price for the Sheriff’s Office. Vice Mayor Gao/Gallo said she prefers higher reserves (citing a 20% target) given infrastructure risks; staff said the current estimated general fund reserve is about 24% at present and staff’s target is a 15% minimum.
The commission voted unanimously to set the maximum rate at 4.1345 mills; the budget workshop schedule begins July 18 to discuss tradeoffs before final adoption.
Ending: The resolution sets the ceiling for FY2026 tax revenue; the commission will consider final millage and budget decisions during upcoming workshops.