Fiscal Year 2026/2027 Budget and Millage Rate Adoption
Summary
The CRA board is scheduled to consider amending both the current and next fiscal year budgets, likely to cover the added project costs.
At a glance
- Total mentions
- 8
- Last 30 days
- 2
Discussed at 2 meetings in the last 60 days; most recently Nov 4, 2026.
Impact analysis
The amendments adjust the CRA's spending plans, though the specific dollar amounts are in the attached exhibits.
CRA district residents and businesses, since budget alignment funds redevelopment projects.
Property owners facing higher tax bills due to the increased millage rate relative to the rolled-back rate.
Mentions & discussions (9)
Community Redevelopment Agency — November 10, 2026
The CRA board is scheduled to consider amending both the current and next fiscal year budgets, likely to cover the added project costs.
Regular City Commission Meeting — November 4, 2026
The commission will consider mid-year fixes to both the current and upcoming city budgets. These amendments can shift money between programs and affect what services get funded.
City Commission Budget Hearing — September 16, 2026
Margate adopted its annual budget and property tax millage rate for the coming fiscal year, keeping the tax burden steady for residents. City officials emphasized that property taxes have effectively decreased or remained stable for eight consecutive years.
Community Redevelopment Agency — September 9, 2026
The board approved the annual operating budget for fiscal year 2026-2027 and a $1.7 million interlocal agreement compensating the city for shared staff and services.
City Commission Budget Hearing — September 9, 2026
Margate commissioners approved the tentative city budget and a millage rate of 7.5159 mills, marking the eighth straight year of overall decreases. City leaders highlighted that ad valorem taxes make up 42% of the budget, with the vast majority going toward personnel and essential city services.
Northwest Focal Point Senior Center District — September 2, 2026
The board passed the annual budget to keep senior center operations, classes, and recreational trips fully funded for the coming year.
Margate Lowers Property Tax Rate As Commission Sets 2027 Budget
Margate Lowers Property Tax Rate As Commission Sets 2027 Budget Margate Talk
City Commission Budget Workshop — July 15, 2026
City leaders reviewed a $250 million proposed budget for next year, focusing on maintaining low tax burdens while funding essential public safety and infrastructure services. Commissioners discussed ways to stay lean in anticipation of potential state tax changes.
Regular City Commission Meeting — July 8, 2026
The city raised its annual property assessment for fire rescue services by $5 to $305, avoiding a $10 million hole in the emergency services budget.
Related development
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