Milton City Council Adopted New Fiscal Budget
The city approved a $72.4 million budget that includes a property tax rate increase.
Updated on Sept. 21, 2026 in City Hall
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The Milton City Council has formally adopted a $72.4 million budget for the upcoming fiscal year. This financial plan includes a property tax millage rate of 4.1180 mills to fund municipal operations.
Why it matters
The increased budget is designed to address rising costs linked to the ongoing wastewater treatment plant project. This shift requires a tax rate adjustment that sits 4.51 percent above the previously established rolled-back rate.
The city established a property tax millage rate of 4.1180 mills, representing a 4.51 percent increase over the 3.9402 rolled-back rate. The resulting tax levy is expected to generate $2.8 million in total revenue based on a gross taxable value of $709.8 million.
The players
Milton City Council
The local legislative body is responsible for approving the city budget, setting tax rates, and overseeing municipal service administration.
The details
Beyond the water and sewer allocation, the city budget designates $17.1 million for the general fund and $10.7 million for natural gas operations. These figures ensure funding for various essential services as the city manages its infrastructure debt and operational requirements.
Timeline
October 1, 2026: The new fiscal year budget officially begins.
Political Context
Budgeting in Milton follows the regulatory requirements of Truth in Millage taxation legislation, which mandates transparency regarding tax rate increases. This forces local officials to justify revenue hikes by explicitly contrasting the adopted rate against the rolled-back baseline.
Local property owners will see a higher tax bill due to the adopted 4.1180 millage rate. This change will directly affect the annual tax obligations for residents based on their property's assessed value.
The takeaway
The budget underscores the rising costs of maintaining municipal infrastructure like wastewater systems. Residents should prepare for higher tax payments as the city balances these essential project requirements.
Further reading
For more information on the latest municipal developments, visit City Hall.
Source note: This article includes information reported by Srpressgazette.
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