FY 2026-2027 Millage Rate and Annual Budget Adoption
Summary
Wellington's proposed $150.4 million budget keeps the tax rate at 2.47 mills but cuts $5.5 million in spending, including four vacant positions and reduced capital and maintenance funding. Homeowners will still pay slightly more because property values rose. Councilman Meier wanted a small rate cut; the majority said it's not worth risking services with a state tax amendment looming.
At a glance
- Total mentions
- 17
- Last 30 days
- 0
Discussed at 2 meetings in the last 60 days; most recently Sep 22, 2026.
Impact analysis
Tax rate unchanged at 2.47 mills, but a $450,000 homesteaded property pays about $30 more a year; the budget itself drops $5.5 million.
All residents keep current service levels — parks, roads, public safety, and water — without a tax rate increase.
Residents facing rising property assessments pay more in absolute dollars despite the flat rate; the four eliminated vacant positions represent reduced staffing capacity.
Mentions & discussions (10)
Village Council — September 22, 2026
The Village adopted a $150.4 million budget with the tax rate held at 2.47 mills after residents asked for cuts and two councilmembers pushed for reductions to 2.40 or 2.45 mills. Amendment 3 on the November ballot could slash property tax revenue, so the majority kept the rate steady and charged staff to propose real cuts next year.
Village Council Workshop — September 17, 2026
The council previewed the second and final public hearing on next year's tax rate and budget, resolutions R2026-49 and R2026-50. This is where residents' property tax bills get set for the year starting October 1.
Village Council — September 8, 2026
Wellington's proposed $150.4 million budget keeps the tax rate at 2.47 mills but cuts $5.5 million in spending, including four vacant positions and reduced capital and maintenance funding. Homeowners will still pay slightly more because property values rose. Councilman Meier wanted a small rate cut; the majority said it's not worth risking services with a state tax amendment looming.
Village Council Workshop — September 3, 2026
The first public hearing on next year's budget and a 2.47 millage rate comes Tuesday, with final adoption September 22. This sets your property tax rate and what services the village funds.
Village Council Workshop — August 24, 2026
If voters pass Amendment 3 in November, Wellington could lose over $6 million in property tax revenue within two years. The village warned this would force difficult decisions about cutting services or finding new revenue sources.
Village Council — August 11, 2026
The council locked in next year's budgets for Acme, solid waste, water/sewer and Saddle Trail. Water and sewer bills rise about $4.79/month (5.08%), solid waste goes up $5 per unit, and the Acme assessment stays at $275. The total budget shrinks 3.5% to $150.4 million.
Village Council Workshop — August 6, 2026
The village is proposing a $19.5 million capital budget for FY 2027, covering $11.5 million in utilities and $8 million in governmental projects, with a five-year total of $113.3 million. These investments fund essential infrastructure like pump stations, water treatment membranes, trails, and road improvements to keep services running smoothly.
Village Council — June 30, 2026
The village proposed a $149.9 million budget for the upcoming fiscal year, marking a $5.9 million decrease while holding the property tax millage rate flat at 2.47 mills. Officials also discussed potential future revenue impacts from a proposed state constitutional homestead tax amendment.
Village Council Workshop — May 11, 2026
The Village is updating its budget to account for new revenues from school zone speed cameras and higher-than-expected sales surtaxes, while reallocating funds to reserves and capital projects.
Village Council Workshop — April 27, 2026
Wellington is planning its upcoming budget while navigating potential multi-million dollar revenue losses if the state legislature eliminates or alters property taxes. Staff recommended bolstering the rate stabilization fund using proceeds from land sales to cushion the village against future shortfalls.
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