- December 15, 2025
The Palm Coast City Council agreed at its Aug. 2 regular meeting to set the maximum millage rate for the 2012 fiscal year at 4.0000, or $4.00 per $1,000 of taxable value.
This rate is slightly lower than the rolled-back rate of 4.0552 mills, or $4.05 per $1,000. The rolled-back rate is the rate required to generate the same tax revenue as was collected last year.
The city’s currently millage rate is 3.5000.
If the rate of 4.0000 stands, the city will have to cut approximately $290,000 from the budget, down from the original estimation of $1.9 million.
The City Council also set the first public hearing for the millage rate and budget for 5:05 p.m. Wednesday, Sept. 14, at the Palm Coast Community Center.
For in-depth coverage, see Thursday’s edition of the Palm Coast Observer.
