City budget workshops set for Thursday, Friday
Proposed budget holds property tax rate, increases various service rate charges
Cape Coral City Council will hold its summer budget workshop this week with a larger proposed budget and again on the table.
The two-day workshop is scheduled at 9 a.m. both Thursday, June 5, and Friday, June 6, in City Council chambers at City Hall.
The first day will focus on the budget overview and development, the 2026 proposed budget, 2026 general fund, general fund revenues, ad valorem taxes and taxable revenue, general fund expenditures, structural balances, millage rates, departments and funding discussion/wrap up.
The proposed budget includes an all funds requested budget of $1,495,767,829, an increase over the $1,155,431,101 FY25 budget.
The proposed FY-2026 budget includes a millage rate of 5.2188 for general operations, which is unchanged from FY25.
One mill is equal to $1 for every $1,000 of assed, taxable property valuation.
The city’s fire services assessment is proposed at a recovery of 70% of the cost of operations.
The proposed budget also includes an 11% increase in water and sewer rates; 4.7% increase in stormwater rates; and 14.7% in solid waste rates.
City Hall is at 1015 Cultural Park Blvd. The meetings are open to the public.
To reach MEGHAN BRADBURY, please email news@breezenewspapers.com