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HomeMy WebLinkAbout2026 02 09 Consent 300 - Fiscal Year 2027 Budget CalendarCONSENT AGENDA ITEM 300 CITY COMMISSION AGENDA | FEBRUARY 9, 2026 REGULAR MEETING TITLE Fiscal Year 2027 Budget Calendar SUMMARY Approval of the Budget Calendar is needed in order to establish a timeline for the FY 2027 budget process. The most critical events have been emphasized/bolded on the attached proposed FY 2027 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, 2026. FUNDING SOURCE N/A RECOMMENDATION Staff recommends that the City Commission approve the FY 2027 Budget Calendar or amend as it deems necessary. 5 FY 2027 Budget Calendar City of Winter Springs Key dates in BOLD Proposed: Date Function February 9 Commission establishes FY 2027 Budget Calendar by July 1 Transmission of Proposed 2027 Budget - budget placed on Shared Drive and Website Tentative: by July 1 Property Appraiser submits DR 420 Certification of Value July 13 Budget Workshop at 4:30 PM July 13 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 14 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 24 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 28 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 October 1 Resolution to Property Appraiser Resolution to Tax Collector (Must be submitted within 3 days after adoption of final millage rate) by October 28 Electronically submit TRIM package to Property Tax Administration Program Department of Revenue (Must be submitted within 30 days of final adoption) 6