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Vice Mayor Deborah Scaccianoce led Bradenton Beach commissioners in adopting the fiscal year 2025-26 budget during a hearing at city hall on September 11. Islander Photo: Robert Anderson
On September 11, Bradenton Beach commissioners unanimously approved a $5 million budget for the upcoming fiscal year 2025-26, maintaining the property tax rate amid last year’s impact from hurricanes on property values.
Commissioners set the millage rate at 2.3329, consistent with the current year and below the rollback rate of 2.7804 mills.
The budget outlines general fund expenditures at $5,045,506, against projected revenues of $5,652,680, with an emphasis on restoring city reserves that were diminished during recovery from storms Helene and Milton.
“If this budget performs as anticipated, it will contribute about $300,000 to reserves,” city treasurer Shayne Thompson noted.
The spending plan includes a 5% salary increase for employees, enhanced compensation for emergency management staff, and $48,800 allocated for new scanning equipment in the planning department to boost records management. However, commissioners decided to delay the hiring of additional staff for the planning and police departments until the 2026-27 fiscal year.
The new budget goes into effect on October 1.
BB CRA Budget Adoption
In a related development, the Bradenton Beach Community Redevelopment Agency also approved its budget and tax rate for the 2025-26 fiscal year on September 11 at city hall.
Despite projected revenues being lower due to the 2024 hurricanes, the budget includes $1.86 million for projects—more than five times the current year’s allocation—focusing on storm recovery and long-term redevelopment efforts. Key priorities are utility burial, parking and sidewalk upgrades, and enhancing waterfront areas.
Agency members unanimously set the millage rate at 2.3329 mills, the same as the current year and about 16% lower than the rollback rate of 2.7804 mills.
“We’ve maintained this same rate for at least 10 years. Given recent challenges, sustaining it is still marketable,” Thompson explained.
No public comments were made during the hearing.
The new fiscal year will commence on October 1.
— Robert Anderson
Key Information
- Budget Amount: $5 million for fiscal year 2025-26
- Millage Rate: 2.3329, constant from the current year
- General Fund Expenditures: $5,045,506
- Projected Revenues: $5,652,680
- Reserve Allocation: Approx. $300,000 targeted for reserves
- Employee Salary Increase: 5%
- CRA Budget for Projects: $1.86 million
- New Fiscal Year Start: October 1
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Article original publish date: 2025-09-16 12:44:00
Article source: www.islander.org
Read the full story at the original source: www.islander.org
