{"id":412690,"date":"2026-09-28T11:16:10","date_gmt":"2026-09-28T11:16:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/412690\/"},"modified":"2026-09-28T11:16:10","modified_gmt":"2026-09-28T11:16:10","slug":"port-st-lucie-leaders-to-vote-on-nearly-1b-budget-lower-property-tax-rate","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/412690\/","title":{"rendered":"Port St. Lucie leaders to vote on nearly $1B budget, lower property tax rate"},"content":{"rendered":"

Port St. Lucie leaders are set to take a final vote Monday on the city\u2019s nearly $1 billion budget and a lower property tax rate for the upcoming fiscal year.<\/p>\n

The City Council is scheduled to consider a proposed overall millage rate of 4.8750, down from 4.9750. The proposed fiscal year 2026-27 budget totals about $971.6 million.<\/p>\n

Port St. Lucie leaders to vote on nearly $1B budget, lower property tax rate. CBS12’s Paige Meyer reports.<\/p>\n<\/p>\n

For homeowners, a lower millage rate does not automatically mean a lower property tax bill.<\/p>\n

A mill is equal to $1 in property taxes for every $1,000 of taxable property value. At 4.875 mills, that works out to about $4.88 in city property taxes for every $1,000 of taxable value.<\/p>\n

A homeowner\u2019s final bill also depends on the taxable value of the property and taxes charged by other local taxing authorities.<\/p>\n

\"Port<\/p>\n

Port St. Lucie leaders to vote on nearly $1B budget, lower property tax rate (wpec)<\/p>\n

Monday\u2019s vote comes after city leaders spent the summer tightening the budget amid concerns about possible future losses in property tax revenue.<\/p>\n

During a July budget workshop, City Manager Jesus Merejo told council members Port St. Lucie could lose more than $48 million in property tax revenue over two years if a proposed state constitutional amendment is approved by voters in November.<\/p>\n

As part of its preparations, the city left 184 requested positions unfunded, worth about $28.3 million. That included 25 proposed police officer positions.<\/p>\n

\"Port<\/p>\n

Port St. Lucie leaders to vote on nearly $1B budget, lower property tax rate (wpec)<\/p>\n

The city also cut about $7.8 million in planned projects, including a study for a new interchange connecting Marshall Parkway to Interstate 95, an inclusive playground at McChesney Park and parking improvements at Riverland Paseo Park.<\/p>\n

The proposed 4.8750 millage rate includes a reduction in both the city\u2019s operating millage and the voter-approved debt millage tied to Crosstown Parkway. <\/p>\n

The final budget hearing is scheduled for 5:30 p.m. Monday at Port St. Lucie City Hall, immediately following the 5 p.m. Community Redevelopment Agency meeting. Council members are expected to take second and final readings on both the millage rate and budget ordinances.<\/p>\n

The new fiscal year begins Oct. 1.<\/p>\n

This is a developing story. Check back for updates. <\/p>\n","protected":false},"excerpt":{"rendered":"Port St. Lucie leaders are set to take a final vote Monday on the city\u2019s nearly $1 billion…\n","protected":false},"author":2,"featured_media":412691,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[171,173,172],"class_list":["post-412690","post","type-post","status-publish","format-standard","has-post-thumbnail","category-port-st-lucie","tag-port-st-lucie","tag-port-st-lucie-headlines","tag-port-st-lucie-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/412690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=412690"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/412690\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/412691"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=412690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=412690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=412690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}