Summary
To: Town Commission
From: Gay Lancaster, Town Manager
Date: 7/21/2026
______________________________________________________________________
Subject:
Title
FY 2027 Maximum Millage Rate Review and Approval
FY 2027 Town Budget Summary and Overview
Summary:
Each July, the Town Commission is asked to approve the maximum millage rate for TRIM notice purposes. For FY 2027, the proposed TRIM rate is 6.9777 mills, the same rate used for the previous two fiscal years. Staff request Commission approval.
In Addition to the requested maximum millage rate approval, staff provides a budget summary by fund including revenue analysis, expenditure analysis and fund balance review
Motion: I move approval of the maximum millage rate of 6.9777 for Fiscal Year 2027
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End
Body
Motion: I move approval of the maximum millage rate of 6.9777 for Fiscal Year 2027