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The City Commission approved the proposed tax levy and annual budget for Fiscal Year 2025-2026 on first reading, with each measure passing 4-1. Both ordinances are set to take effect October 1, 2025.
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The Commission moved Coral Gables’ next annual budget and tax levy forward but did not give final approval at this hearing. Mayor Lago, Vice Mayor Anderson, and Commissioners Fernandez and Lara voted yes; Commissioner Castro voted no. A second budget hearing is scheduled for September 25, 2025.
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