Century Approves Lower Tax Rate, $8.48 Million Budget

September 30, 2026

In a quick 7-minute meeting Tuesday afternoon, the Century Town Council unanimously approved lower property taxes and an $8.48 million budget.

The council approved a millage rate of 1.0405. While higher than the 0.9204 mills that has been in place for several years, 1.0405 is the “rolled-back” rate — the computed millage rate that will generate the same amount of ad valorem tax dollars as the prior fiscal year, or about $69,916.

The council previously approved a tentative budget of $8,477,476.56 for FY 2026-2027, which begins October 1, 2026. That is down from $9.2 million during the current fiscal year.

The new budget goes into effect for the 2026-2027 fiscal year, which begins on October 1.

To view the complete budget, click here (pdf).

NorthEscambia.com photos, click to enlarge.

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Written by William Reynolds · Filed Under TOP STORIES