3) Move to set the date, time and place for the public hearing on the tentative budget for fiscal year 2026-2027 as

Special Commission Meeting 07/27/26 · 2026-07-27 · agenda_item

The City of Apopka is planning to set the tentative budget and millage rate for the 2026-2027 fiscal year. This process involves a public hearing scheduled for Thursday, September 3, 2026, at 5:15 p.m. in the City Hall Commission Chamber. The city is considering several millage rate options, with a proposed rate of 5.1876 mills, which is a 22.03% increase over the rolled-back rate. This action is part of the Truth in Millage (TRIM) compliance requirements. The budget process will involve setting revenue and expenditure figures, with potential adjustments needed to maintain reserve levels. This early stage in the public review process means that contractors, suppliers, and service providers can engage with the city before final plans and permits are established. Businesses involved in financial services, government contracting, and administrative support may find opportunities as the city moves forward with its budget and fiscal planning.

fiscal year

2026-2027

public hearing date

September 3, 2026

public hearing time

5:15 p.m.

operating millage rate

5.1876 mills

percentage increase over rolled back rate

22.03%

rolled back rate

4.2510 mills

General Fund Revenue Budget

104,461,709 $

projected increase in Property Tax Revenue

11,056,513 $

General Fund Expenditure Budget

121,137,637 $

Amount Needed to Cut to maintain 25% Reserves

17,432,818 $

Amount Needed to Cut to maintain 20% Reserves

11,375,936 $

proposed millage rate

5.1876 mills

property tax revenues

45,720,841 $