Budget and property taxes
Where it standsThe commission voted 7-0 on September 10, 2026 to tentatively adopt a 6.1000-mill rate for FY2026-27, and a second public budget hearing was scheduled for September 24.
What's on the tableHow the city balances next year's budget, what it spends on, and what property tax rate it sets.
- The tentative FY2026-27 rate of 6.1000 mills is 5.61% higher than the rolled-back rate of 5.7759 mills. City of North Miami Beach · Sep 10, 2026
- The FY2027 annual budget resolution passed 6-0 on September 10, 2026, with Vice Mayor Phyllis Smith off the dais. City of North Miami Beach · Sep 10, 2026
- The city manager announced the second public budget hearing for September 24, 2026. City of North Miami Beach · Aug 25, 2026
- Commissioner Jay R. Chernoff wrote that the city faced an approximately $12 million budget shortfall. Miami Herald · Sep 23, 2026