St. Augustine officials are holding their first workshop to discuss the city’s proposed 2026 budget, which could involve a property tax increase.

The workshop is at 9 a.m. Thursday in the Alcazar Room at City Hall.

One of the big talkers for residents and business owners is the possibility of the property tax rate going up by 2%.

The current proposal boosts the millage rate to 7.5 mills. The city would need to adopt that change to keep revenues the same as last year.

A millage rate of 7.5 would mean that a homeowner in St. Augustine would pay $7.50 for every $1,000 of their home’s taxable value.

The city has maintained the same tax rate for the last decade but would take on an additional $1.6 million in revenue compared to 2024 if the change is adopted.

That is, in part, because of r

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