Office of Management & Budget
City Council lowers property tax rate for 11th consecutive year
Port St. Lucie residents will see another reduction in the City’ s property tax rate.
As part of the Fiscal Year 2026-27 budget adopted Sept. 28, City Council unanimously lowered the millage rate from 4.9750 to 4.8750. This marks the City’ s 11th consecutive year of lowering its property tax rate.
Since 2016, Port St. Lucie has reduced its millage rate by 25 %, saving the average homeowner nearly $ 2,000 over the past decade. The City maintains the third-lowest municipal millage rate among Florida’ s 20 largest cities. The $ 971.6 million budget supports continued investment in roads, drainage, utilities, infrastructure and public safety as Port St. Lucie welcomes more than 60,000 new residents since 2020.
Residents can learn more at cityofpsl. com / budget or watch the budget video at link. cityofpsl. com / 2627budgetvideo.
PSL
ON THE
PULSE
29