Budget Workshop Agenda 072926

City Council - Special Budget Workshop · 2026-07-29 · agenda_packet

[900 E. Strawbridge Avenue, Melbourne, FL 32901] City of Melbourne City Council is holding a Special Workshop Meeting on July 29, 2026, at 5:30 PM at City Hall Council Chamber, 900 E. Strawbridge Avenue, Melbourne, FL 32901. The primary agenda items are the Review of the Fiscal Year 2027 Proposed Budget and the Adoption of Proposed Millage Rates. The proposed FY 2027 budget totals $369,368,494, an increase of approximately $94.5 million over FY 2026, largely due to major bond-funded projects in the Water & Sewer Fund. The General Fund Budget is balanced at the rolled-back millage rate of 6.8781 mills, totaling $117.9 million. Key budget highlights include $4.65 million for pavement management plan projects, $1.7 million for transportation and sidewalk projects, $2 million in capital projects within the Downtown CRA, $123.7 million in Water and Sewer capital projects, and $3.5 million in Stormwater quality projects. Specific projects mentioned include the Reverse Osmosis WTP Expansion ($86 million), Class I Injection Well ($14.3 million), and various sewer and stormwater pipe lining and baffle box projects. Public hearings for budget comments are scheduled for September 9, 2026, and September 23, 2026. The proposed operating millage rate for FY 2027 is 6.8781 mills, and the proposed debt service millage rate is 0.2977 mills.