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 planning its budget for the upcoming fiscal year, 2026-2027. A proposed millage rate of 6.5000 mills has been set, which is an increase from the rolled-back rate of 5.9985 mills. This action is part of the city's budget adoption process, with public hearings scheduled for September 3 and September 15, 2026, at City Hall. The city is seeking to fund its budget through ad valorem taxes. This process involves setting tax rates and adopting the budget, which will guide city operations and spending for the year. Local contractors, suppliers, and service providers are encouraged to engage with the city early in this planning phase. Understanding the city's financial plans and upcoming budget can provide insight into potential future needs for services and materials, allowing businesses to prepare and position themselves for opportunities as the budget is finalized and implemented.

proposed millage rate

6.5000 mills

rolled-back millage rate

5.9985 mills

percentage increase

8.36 %

gross taxable value

2,392,258,476.00