Property tax rate and the Village budget
Where it standsThe council adopted a FY2026-27 millage rate of 2.3500 on Sept. 23, 2026, 4-1, and a budget the same night, 3-2.
What's on the tableThe next council will set future millage rates and budgets.
- The ordinance adopted a millage rate of 2.3500, which is 8.19% higher than the rollback rate of 2.1722. Village of Palmetto Bay · Sep 23, 2026
- On Sept. 23, 2026 the council amended the rate from 2.389 to 2.3500 and adopted it, 4-1, with Councilmember Matson voting no. Village of Palmetto Bay · Sep 23, 2026
- On Sept. 14, 2026 the first-reading millage ordinance passed 3-2, with Vice Mayor Merwitzer and Councilmember Matson voting no. Village of Palmetto Bay · Sep 14, 2026