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The resolution adopts the General Operating Budget for the fiscal year ending September 30, 2026. The budget is $161,467.00, which represents an 8.8% increase over the previous year's budget.
The Town Council adopted the general operating budget for the fiscal year October 1, 2025, through September 30, 2026. The budget totals $2,131,941.00, which represents a 3.9% increase from the previous year's budget. The council also set the final Ad Valorem Tax Millage Rate at 3.0000 mills for real and tangible personal property in the Town of Cinco Bayou, Florida, starting January 1, 2026.
The resolution addresses the ad valorem property tax millage rate for municipal purposes within the Town for the fiscal year beginning October 1, 2025, and ending September 30, 2026. The millage rate is set at 3.0000 mills, which is less than the rolled-back rate of 3.0374 mills by -1.23%.
Extracted from official board minutes, strategic plans, and video transcripts.
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