Property taxes, budget and utility rates
Where it standsIn September the council adopted an $890.5 million FY2026-27 budget and raised the property tax rate to 6.9 mills, 3.81% above the rollback rate.
What's on the tableThe new council sets next year's tax rate, budget, fees and the scheduled utility rate increases.
- The council voted 5-2 for a 6.9000 millage rate, the city's first property tax rate increase in a decade; Fred Burson and Terolyn Watson dissented in favor of the rollback rate. Gulfshore Business
- The rollback rate is 6.6465 mills, and 6.9000 mills is 3.81% above it. Fort Myers City Council · Sep 21, 2026
- The council approved a scheduled 5% annual increase in water, sewer and irrigation utility rates for fiscal years 2027 through 2031. Gulfshore Business
- The council approved a 10% increase in fire assessment rates for all property categories, 6-0. Fort Myers City Council · Sep 9, 2026