Marco Island City Council Adopts FY27 Budget

FOR IMMEDIATE RELEASE

September 25, 2026MARCO ISLAND, Fla. (Sept. 25, 2026) – The Marco Island City Council adopted the City’s Fiscal Year 2027 budget and millage rate during its Sept. 22 meeting. The new fiscal year begins Oct. 1, 2026.The adopted FY27 General Fund budget is approximately $34.3 million, about 3.3% lower than the FY26 revised General Fund budget. The budget funds essential City services, including police, fire rescue, public works, parks and recreation, and general City operations. The City’s FY27 millage rate is 1.2670 mills, or $1.267 for every $1,000 of taxable property value. The previous year’s millage rate was also 1.2670 mills. Marco Island continues to have one of the lowest municipal millage rates in Florida. According to data from the Florida Department of Revenue, only 16 of the 393 municipalities included in the report had a millage rate lower than Marco Island’s current rate of 1.2670 mills. The average municipal millage rate reported was 4.8280 mills. The City of Marco Island receives only a portion of the property taxes paid by residents. Approximately 14% of the total property tax bill goes to the City of Marco Island. The remaining portion funds other taxing authorities that appear separately on the tax bill, such as Collier County, the Collier County School District, Water Management District, Mosquito Control, Water Pollution Control, and Conservation Collier.

The City’s FY27 budget also remains below the spending limit set by the City Charter. The City’s FY27 budget came in $1.64 million below the spending cap, while still investing in the City’s workforce. Police and Fire Rescue employees will receive a 6% pay increase, whileGeneral Fund City employees will receive a 3% pay increase. The FY27 budget takes effect October 1, 2026.We thank the residents of Marco Island for supporting City employees, parks programs, code enforcement, all City first responders including public works and water and sewer employees, and many upcoming capital improvement projects.

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