In order to give the residents an opportunity to provide feedback, it takes the city two public votes at two separate meetings to pass the final millage or tax rate. During the first reading, earlier this month, the city council voted unanimously to lower the millage rate.
At Monday’s Miami Springs City Council Meeting, the council once again voted unanimously to lower the millage rate from 6.8600 to 6.8100 for the fiscal year 2025-2026. That’s roughly a 1% drop in the millage rate.
As a reminder, last year the city council voted to lower the millage rate from 6.9100 to 6.8600. We appreciate the city administration’s fiscal responsibility and the city council’s continued effort at lowering the millage rate for Miami Springs residents.
We want to thank the City Manager, J.C. Jimenez and the City’s Finance Director, Chris Chiocca, for their hard work and fiscal responsibility to be able to lower the millage rate while keeping quality services for the residents. We are very appreciative for all the hard work they did in preparing a budget that gave the new City Council the easy option of lowering the millage rate.
If the millage rate is lower, why are my taxes higher?
While the millage rate is lower, it does NOT mean that your property taxes will be lower. Due to increasing property values, you may be paying a lower rate on a higher value.
Furthermore, your municipal taxes to the City of Miami Springs is only a small portion of the property taxes you pay. In Miami Springs, we are also taxed for the following:
- Miami-Dade School Board
- Operating
- Debt Services
- Voted School Operating
- State and Other
- Florida Inland Navigation District
- South Florida Water Management
- Okeechobee Basin
- Everglades Construction Project
- Childrens Trust Authority
- Miami-Dade County
- County Wide Operating
- County Wide Debt Service
- Library District
- Fire Rescue Operating
- Miami Springs Garbage & Waste Removal
What Happens if Governor DeSantis Eliminates Property Taxes?
The simple answer is, nobody knows. DeSantis’ proposal would still need to clear the Florida legislature. This will give local governments plenty of time to respond to any future changes in property taxes. We’ll continue to follow the story, but right now it’s just speculation.
