Miami Lakes council adopts millage and approves budget on first reading after amendments

The Miami Lakes Town Council approved first readings of the FY2026–27 budget and the corresponding millage ordinance on Tuesday night after a series of amendments that reduced planned transfers and set aside identified savings for later consideration. The town attorney read the ordinance language and the town manager summarized key figures: the proposed millage rate is 2.1577, the gross taxable value for operating purposes is $5,512,805,883 and the ad valorem revenue projection is $11,300,232 at a 95% collection rate.

Councilmembers debated and adopted an amendment to reduce the general‑fund transfer to the infrastructure sinking fund from $426,000 to $300,000, and they agreed to reserve estimated savings from liability insurance to a contingency line to consider for a future millage reduction. “The proposed millage rate for the town of Miami Lakes fiscal year 2026–27 is 2.1577,” said the Town Manager when presenting the budget. The clerk’s roll calls show the first‑reading votes carried: Ordinance 7a (millage) and Ordinance 7b (budget) passed on first reading by council majority.