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Venice City Council advanced the fiscal year 2025-26 budget and tax levy on first reading, using a final operating millage rate of 3.845, the rolled-back rate. The tax-levy ordinance passed 5-2, while the budget ordinance passed 7-0.
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The rollback rate generally maintains the same property-tax revenue from existing property values, excluding changes from new construction or other factors. Council scheduled both ordinances for final readings, with the budget adjusted to reflect the 3.845 millage rate. The approved budget covers October 1, 2025, through September 30, 2026.
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