Miami Springs, Florida Development News

City Council Maintains Current Millage Rate for Fiscal Year 2026-2027, Citing Resident Relief

The City Council discussed and approved a resolution to establish the proposed millage rate for the fiscal year 2026-2027. The proposal is to maintain the current millage rate of 6.81, which ensures that the tax rate for residents will not increase. This decision was made to avoid raising taxes prematurely, especially given the uncertainty surrounding a potential ballot measure in November that could impact city finances. The council emphasized their commitment to exploring potential reductions in the millage rate during the budget process while preserving flexibility for future financial adjustments. An amended resolution was approved to correct a scrivener's error regarding the rollback rate.