Ocoee City Commission Maintains 4.95 Mills Millage Rate for 2026-2027 Budget

The Ocoee City Commission approved maintaining the current millage rate of 4.95 mills for the upcoming Fiscal Year 2026-2027 budget. This decision, made on September 30, 2026, aims to provide financial predictability for Ocoee residents and businesses.

Maintaining the millage rate means property owners will see the same tax rate applied to their assessed property values as in the previous fiscal year. This stability helps residents plan their household budgets and offers businesses a consistent operating environment.

Property taxes, generated through this millage rate, directly fund essential city services. These services include public safety, parks and recreation, road maintenance, and other vital infrastructure projects that benefit the entire community. The Commission's approval reflects a commitment to sustaining these services without increasing the tax rate burden on property owners.

The approval of the millage rate is a key step in the city's annual budget process. The Commission will now move towards the final adoption of the complete Fiscal Year 2026-2027 budget, which will detail how these funds are allocated across various city departments and initiatives. Residents can expect further information on the budget's finalization in the coming weeks.