FY 2026/27 Budget and Millage Rate Adoption
Summary
The DDB established its final millage rate at 0.9700 mills and adopted its annual operating budget of over $1.5 million for the upcoming fiscal year, funding downtown operations and promotions.
At a glance
- Total mentions
- 17
- Last 30 days
- 2
Discussed at 5 meetings in the last 60 days; most recently Oct 29, 2026.
Impact analysis
Generates $523,809 in ad valorem tax revenue with a total operating budget of $1,513,438.
Downtown property owners, businesses, and residents through sustained district operations and services.
Property owners facing a millage rate slightly above the rollback rate.
Mentions & discussions (15)
Community Resiliency and Leisure Services Advisory Board — October 29, 2026
The Finance Department will brief the board on the city's financial plan and budget priorities.
Affordable Housing Advisory Committee — October 13, 2026
The city's new $800 million-plus budget keeps about $300,000 a year flowing to affordable housing and homeless programs from the general fund. If the November property-tax amendment passes, Council will revisit that funding.
Public Art and Design Board — October 8, 2026
City budget officials reviewed the $800 million FY 2027 budget and warned that potential property tax reform under Amendment 3 could lead to future reductions in general fund contributions to public art funds, arts grants, and the Arts Alliance.
City Council — September 21, 2026
The city finalized its spending plans and property tax rates for the upcoming year, keeping the tax rate level with the rolled-back rate so property taxes do not increase.
Downtown Development Board — September 21, 2026
The DDB established its final millage rate at 0.9700 mills and adopted its annual operating budget of over $1.5 million for the upcoming fiscal year, funding downtown operations and promotions.
Cities worry about property tax proposal
Cities worry about property tax proposal FOX 13 Tampa Bay
City Council — September 15, 2026
The city council is moving forward with a slightly reduced property tax millage rate of 5.8773 mills and adopting the annual operating and capital improvement budgets. Residents expressed concerns about potential financial impacts from upcoming ballot measures and urged careful prioritization of spending and employee retention.
North Greenwood Citizens Advisory Committee — September 2, 2026
City officials presented the proposed 2026/2027 budget and warned that a November tax amendment could strip at least $20 million from city revenues, potentially forcing cuts to libraries, parks, and recreation services.
Clearwater City Council Member says Yes on Three, Property Tax Amendment, as City prepares contingency budget
Clearwater City Council Member says Yes on Three, Property Tax Amendment, as City prepares contingency budget Tampa Bay 28
Florida property tax amendment could force Clearwater to cut 140 jobs
Florida property tax amendment could force Clearwater to cut 140 jobs FOX 13 Tampa Bay
Council Work Session — August 11, 2026
The city is reviewing an $800 million proposed budget for the upcoming fiscal year while preparing contingency plans for potential revenue losses if a statewide tax referendum passes. Officials discussed potential cuts to recreation hours, library branches, and administrative services to manage an estimated $20 million shortfall.
Downtown Development Board — August 3, 2026
The board reviewed and approved a $1.5 million proposed budget for the upcoming fiscal year, funding marketing, business assistance, special events, and downtown initiatives.
City Council — July 16, 2026
Council reviewed the proposed $800 million city budget and voted to set the tentative property tax millage rate at the rollback rate of 5.8773 mills, providing minor relief while planning for future fiscal pressures.
Council Work Session — July 13, 2026
The council is reviewing the proposed budget and tentative millage rate of 5.8850 mills, balancing municipal service needs with property tax rates and upcoming statewide tax ballot measures.
Downtown Development Board — July 13, 2026
The board set property tax rates steady for the upcoming fiscal year, scheduling public hearings for September.
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