File #: 25-4415    Version: 1 Name: Ordinance - Millage Rate for FY 25/26
Type: Ordinance Status: Agenda Ready
File created: 9/2/2025 In control: City Commission
On agenda: 9/25/2025 Final action:
Title: An Ordinance of the City of Key West, Florida, adopting an Ad Valorem Tax General Municipal Millage Rate for FY 2025-2026; Providing for severability; Providing for repeal of inconsistent provisions; Providing for an effective date. BE IT ORDAINED BY THE CITY OF KEY WEST, FLORIDA: That the final adopted ad valorem tax general municipal millage rate for FY 2025-2026 is hereby set at 1.9739 1.9551 mills ($1.9739 $1.9551 per thousand dollars of assessed property value). The 2025-2026 final adopted millage rate is equal to 5.00 4.00 percent more than the rolled back rate of 1.8799 mills ($1.8799 per thousand dollars of assessed property value).
Sponsors: Brian L. Barroso
Attachments: 1. Ordinance, 2. Business Impact Estimate

Title

An Ordinance of the City of Key West, Florida, adopting an Ad Valorem Tax General Municipal Millage Rate for FY 2025-2026; Providing for severability; Providing for repeal of inconsistent provisions; Providing for an effective date. BE IT ORDAINED BY THE CITY OF KEY WEST, FLORIDA: That the final adopted ad valorem tax general municipal millage rate for FY 2025-2026 is hereby set at 1.9739 1.9551 mills ($1.9739 $1.9551 per thousand dollars of assessed property value). The 2025-2026 final adopted millage rate is equal to 5.00 4.00 percent more than the rolled back rate of 1.8799 mills ($1.8799 per thousand dollars of assessed property value).