HomeMy WebLinkAbout2025 02 10 Consent 304 - Fiscal Year 2026 Budget CalendarCONSENT AGENDA ITEM 304
CITY COMMISSION AGENDA | FEBRUARY 10, 2025 REGULAR MEETING
TITLE
Fiscal Year (FY) 2026 Budget Calendar
SUMMARY
Approval of the Budget Calendar is needed in order to establish a timeline for the FY
2026 budget process. The most critical events have been emphasized/bolded on the
attached proposed FY 2026 Budget Calendar. The proposed millage rate, rolled back
rate, and public hearing must be sent to Property Appraiser within 35 days of
certification of value. This is currently estimated to be August 4, 2025.
FUNDING SOURCE
RECOMMENDATION
Staff recommends that the City Commission approve the FY 2026 Budget Calendar or
amend as it deems necessary.
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FY 2026 Budget Calendar
City of Winter Springs
Key dates in BOLD
Proposed:
Date Function
February 10 Commission establishes FY 2026 Budget Calendar
by July 1 Transmission of Proposed 2026 Budget - budget placed
on Shared Drive and Website
Tentative:
by July 1 Property Appraiser submits DR 420 Certification of Value
July 14 Budget Workshop
July 14 Commission establishes millage cap (DR 420 tentative
millage rates via Resolution)
August 4 Deadline to Notice Property Appraiser of:
Proposed Millage Rate / Rolled-back Rate / Date, Time,
Place of Public Hearing
(Must be sent within 35 days of certification of value)
August 24 Deadline for Property Appraiser to send TRIM Notice to
property owners
(Considered notification of Tentative public hearing; must
be mailed by PA within 55 days of value certification)
September 8 Public Hearing (Tentative)
Tentative millage and budget hearing (Resolutions)
(Must be within 80 days of value certification but not
earlier than 65 days after certification)
Final/Adopted:
September 18 Advertisement publication date (Thursday for Seminole
Extra) for final millage and budget hearing
(Final public hearing must be within 15 days of the
tentative public hearing)
September 22 Public Hearing (Final)
Final millage and budget hearing - Adoption of final
millage and budget must be done separately and in that
order (Resolutions)
(Hearing must be held not less than 2 days or more than 5
days after advertisement is published)
by
September 25
Resolution to Property Appraiser
Resolution to Tax Collector
(Must be submitted within 3 days after adoption of final
millage rate)
by
October 22
Electronically submit TRIM package to Property Tax
Administration Program Department of Revenue (Must
be submitted within 30 days of final adoption)
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