1. Resolution 2026-08 - Maximum Millage Rate 2026-2027

July 21, 2026 City Council Regular Session · 2026-07-21 · agenda_item

The City of Mount Dora is proposing a millage rate of 6.5000 mills for the 2026-27 fiscal year. This rate is an increase of 8.36% over the rolled-back rate of 5.9985 mills. The proposed millage rate is intended to fund the city's budget for the fiscal year beginning October 1, 2026. Public hearings for budget adoption are scheduled for September 3 and September 15, 2026, at the City Council Chambers. This item is currently under review as part of the budget adoption process. While no direct construction is detailed, the adoption of this millage rate will set the tax levy for the upcoming fiscal year, impacting future city projects and services. Local contractors, suppliers, and service providers should monitor the budget adoption process for potential opportunities that may arise from the city's financial planning. Early engagement with city officials or departments involved in budget implementation could provide insight into upcoming needs.

proposed millage rate

6.5000 mills

fiscal year

2026-27

gross taxable value

2,392,258,476.00

rolled-back rate

5.9985 per $1,000 of taxable value

percentage increase

8.36 %