Naples City Council has voted to keep the city’s millage rate at 1.23 mills, meaning property owners will see a slight increase in their tax bills next year. For example, a homeowner currently paying $2,900.63 would pay $2,969.44 under the same rate. The millage rate determines how much tax is charged per $1,000 of taxable property value.
The decision, approved unanimously on September 3, is projected to generate over $2.36 million in additional revenue. According to City Manager Gary Young, these funds will cover rising operational costs, maintain current service levels, preserve reserves, and support increased staff salaries, benefits, and additional police officers to enhance the Naples Police Department’s services.
Naples’ fiscal year 2025-26 budget will increase from $208.8 million to $240.06 million starting October 1, reflecting a $31.3 million rise. The budget also allocates a larger share of telecommunications-service taxes to the city’s streets fund, supporting ongoing street repaving and infrastructure projects.
The rollback rate—1.1658 mills—is the rate that would generate the same revenue as last year, excluding new construction. By keeping the rate at 1.23 mills, the city implements a modest tax increase above the rollback.
Council also approved budgets and millage rates for two local taxing districts:
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East Naples Bay: $406,200 budget at 0.5 millage
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Moorings Bay: $116,285 budget at 0.0125 millage
The second and final budget hearing is scheduled for 5:05 p.m. on September 22 in City Council Chambers at 735 Eighth St. S.
This decision ensures continued funding for city services while supporting infrastructure improvements and public safety initiatives.
