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The City Commission unanimously approved a tentative Fiscal Year 2026 budget and millage rates of 4.7999 mills for the City of Panama City and 3.0000 mills for the Downtown Improvement District.
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The approvals move the city’s Fiscal Year 2026 budget and property tax rates forward for final adoption. All five commissioners and the mayor voted in favor, with no opposing votes. The minutes do not provide the budget’s total dollar amount or explain how individual services may be affected.
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