Title
MOTION TO ADOPT PROPOSED ORDINANCE NO. 2026-10 ON FIRST READING.
PROPOSED ORDINANCE NO. 2026-10 IS AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF PEMBROKE PINES, FLORIDA, ADOPTING THE BUDGET FOR FISCAL YEAR 2026-2027; AND ADOPTING THE FIVE (5) YEAR CAPITAL IMPROVEMENT PROGRAM FOR THE CITY OF PEMBROKE PINES, FLORIDA, IN ACCORDANCE WITH §5.08 OF THE CITY CHARTER; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE.
SECOND AND FINAL READING IS SCHEDULED FOR WEDNESDAY, SEPTEMBER 16, 2026.
Summary Explanation and Background
SUMMARY EXPLANATION AND BACKGROUND:
1. The Proposed Budget as of August 24, 2026, for All Funds is $596.7 million.
2. The July 1, 2026, taxable value for the City is $20.9 billion and represents a 4.97% increase over the 2025 final taxable value of $19.9 billion.
3. The 2026-2027 Operating Millage Rate is 5.6690 and Debt Service Millage Rate is 0.2507. Aggregate Millage Rate of 5.9197 is 0.0355 below the Fiscal 2025-2026 rate.
4. The Proposed Residential Fire Assessment Rate is $437.63, an increase of $29.49 above the fiscal year 2025-2026 rate of $408.14.
5. Section 5.04 of the City’s Charter requires the budget to be adopted by Ordinance.
6. Recommend passing proposed Ordinance No. 2026-10 on first reading.
Financial Impact
FINANCIAL IMPACT DETAIL:
a) Initial Cost: See Exhibit A & B to Proposed Ordinance 2026-10
b) Amount budgeted for this item in Account No: See Exhibit A & B to Proposed Ordinance 2026-10
c) Source of funding for difference, if not fully budgeted: Not Applicable
d) 5 year projection of the operational cost of the project Not Applicable
e) Detail of additional staff requirements: Not Applicable
FEASIBILITY REVIEW:
A feasibility review is required for the award, renewal and/or expiration of all function sourc...
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