Cape Canaveral weighs property tax increase as city faces $4 million budget gap, depleted reserves

Cape Canaveral considers tripling property tax rate to fix $4M deficit

Cape Canaveral leaders are considering tripling the property tax rate to 10 mills to cover a $4 million budget deficit.

Cape Canaveral mulls tax increase to tackle debt

The city and its financial situation remain under investigation.

Town manager-recommended budget includes property tax rate hike

The Longboat Key Town Commission, in a 5-1 vote, decided in late June to set a higher maximum property tax rate, and the tentative budget published Friday was formed with that higher tax rate in mind.The $25.2 million general fund budget is a 4% increase from the 2026 adopted budget. Ad valorem property taxes make up $19.1 million in revenue, about 76% of all revenues.On page 33 of the 334-page recommended budget, the executive overview states i…

Cape Canaveral weighs property tax increase as city faces $4 million budget gap, depleted reserves

Cape Canaveral city leaders are weighing a property tax increase as they work to close a projected $4 million budget gap while rebuilding emergency reserves that officials say were depleted after years of overspending.

Gwinnett County keeps general fund property tax rate steady for seventh year Gwinnett County Keeps Property Tax Rate at 6.95 Mills

LAWRENCEVILLE, Ga. — The Gwinnett County Board of Commissioners voted Tuesday to keep the county’s general fund property tax rate at 6.95 mills for 2026, marking the seventh consecutive year without a change. The adopted rate is 0.158 mills higher than the state-calculated rollback rate of 6.792 mills. Georgia law requires local governments to advertise a property tax increase when they adopt a rate above the rollback rate, even if the actual mi…

St. Pete Beach commissioners want more resident input before ruling out a property tax increase

St. Pete Beach Commissioners left the door open to a potential property tax increase during their July 28 meeting by setting a tentative maximum millage rate for fiscal year 2027, but they did not approve a tax hike. The commission directed staff to advertise a tentative rate of 3.6715 mills, up from the current 3.0913 […] The post St. Pete Beach commissioners want more resident input before ruling out a property tax increase appeared first on C…