City of Orlando Budget and Property Taxes

The City of Orlando budget for fiscal year 2026-2027 is a balanced budget of approximately $1.88 billion as proposed, which the city now calls nearly $1.9 billion and says it has adopted.

Orlando runs its fiscal year from October 1 to September 30, and the city set Thursday, October 1, 2026 for implementation of the FY27 adopted budget (City of Orlando 2026/2027 budget release). The release labels the plan a balanced budget of approximately $1.88 billion that keeps the current property tax millage rate for the 13th consecutive fiscal year, meaning the city will not increase its property tax rate. The Budget Documents page says the city recently finalized and adopted the FY27 budget and links an Adopted FY2027 Budget Resolution (City of Orlando Budget Documents).

A year earlier the City of Orlando was preparing to adopt a balanced $1.8 billion budget for Fiscal Year 2025/2026, again at the same millage rate, with public safety investments increasing by $25 million (City of Orlando 2025/2026 budget release). The final total in the adopted FY27 resolution is posted on the city document portal rather than in the page text, so the $1.88 billion figure above is the proposed amount as the city labeled it before the September 28 vote.

The City of Orlando millage rate is 0.00665 of taxable value, unchanged for more than a decade, which works out to $2,436 a year in city tax on the 2026 median Orlando home.

The city's own worked example uses an appraiser assessed value of $416,300 for the median Orlando home in 2026, subtracts the $50,000 homestead exemption and applies the 0.00665 rate to the $366,300 taxable value, for a city share of $2,436 a year, $203 a month or $6.77 a day (City of Orlando property tax explainer). The figures are the city's portion only and use June median sales price data for each year.

The 3 percent cap on yearly assessment increases for homesteads explains the third row: an Orlando homestead bought in 2016 is assessed at $263,400 today instead of the full market figure, so its city tax is $1,419 a year rather than $2,436. A home bought at the 2026 median is taxed on the higher figure in the city's example, $2,436 a year.

The City of Orlando keeps about 35 cents of every property tax dollar an Orlando owner pays, and the rest goes to Orange County, Orange County Public Schools, the water management district and the library system.

The city lists what the roughly $6.77 a day per Orlando household pays for: police patrol from more than 900 first responders, fire, rescue and EMS response from more than 600 fire responders, 123 parks, 61 fields, 56 playgrounds and 19 neighborhood centers, and 1,200 miles of sidewalks, 900 miles of streets and more than 500 traffic signals (City of Orlando tax dollar explainer). The city share is only part of an Orlando tax bill; the remainder goes to Orange County, Orange County Public Schools, the water management district and the library system.

The proposed 2026/2027 Orlando budget adds 44 police and fire first responders and funds road resurfacing, sidewalk improvements, traffic signal upgrades and Vision Zero transportation safety projects (Orlando FY2027 budget release). The city's tax page cites a AAA credit rating with Fitch Ratings and strong reserves (City of Orlando tax page).

Costs behind the Orlando budget have risen faster than the flat rate suggests. Between 2016 and 2026 the city reports annual street lighting rising from $5.6 million to $6.9 million, firefighter protective coat and pants from $2,586 to $5,677, pool chemicals from $3.74 to $9.50 a gallon, and a new fire station from $4.9 million to $12.7 million (City of Orlando cost increase table).

Orlando builds its budget from February to July, holds a council workshop in July and two public hearings in September at Orlando City Hall, 400 South Orange Avenue, before the October 1 start.

For FY27 the city held its Council Budget Workshop on July 13, 2026, commissioner budget briefings in August, Budget Hearing #1 on September 14, 2026 and Budget Hearing #2 on September 28, 2026 (Orlando Fiscal Year 2026 - 2027 page). Both hearings were scheduled for 5:01 p.m. in City Council Chambers on the 2nd floor of City Hall; the first was set to adopt the proposed millage rate and tentative budget and the second the final millage rate and budget (Orlando budget hearing schedule). The official workshop and hearing schedule is kept by the City Clerk at orlando.gov/meetings.

After adoption, changes go through the Orlando Budget Review Committee, which approves changes to the city budget after the initial adoption, and each committee date on its page is paired with a City Council date (Orlando Budget Review Committee). The committee's page lists four meeting pairs for fiscal year 2025-2026:

Residents who want to follow a mid-year Orlando budget change can watch the City Council meeting paired with each committee date in the table above; agendas and minutes for the committee are posted on the city Laserfiche portal.

The City of Orlando projects that Amendment 3, a statewide property tax measure on the November 2026 ballot, could cost the city up to $35 million in fiscal year 2028 and as much as $50 million by fiscal year 2030.

To prepare, the FY27 Orlando budget puts a hold on new positions in every department except public safety and creates a Budget Stabilization Fund that sets aside this year's savings (City of Orlando FY2027 budget release). The city's tax page lists the trade-offs it expects if revenue falls, including slower 911 response, delayed road resurfacing and sidewalk repairs, reduced hours at parks and neighborhood centers, and fees replacing taxes (City of Orlando Amendment 3 explainer).

The two city pages disagree on the projection. The FY27 budget release says up to $35 million in fiscal year 2028 and as much as $50 million by fiscal year 2030, while the tax page table shows $30 million in fiscal year 2028, $50 million in fiscal year 2029 and $80 million if homestead taxes are eliminated entirely (City of Orlando tax page projection). The same tax page also gives two renter shares for Orlando, 63 percent near the top and 60 percent further down.

Last verified: October 15, 2026, on the City of Orlando website.

Orlando posts its budget book, commissioner budget notebook, budget in brief, capital improvement project pages and quarterly fund status reports by fiscal year on the city Budget Documents page.

For fiscal year 2025-2026 the Orlando list includes the July 14, 2025 workshop presentation, the September 4, 2025 Budget in Brief, the 2026-2030 CIP project detail pages, the FY2026 Budget Book and the first three quarterly fund status reports; FY27 currently lists the July 13, 2026 workshop presentations, two versions of the Commissioner Budget Notebook, the September 14, 2026 hearing presentation on property tax reform and the adopted resolution (Orlando Budget Documents). The page lists fiscal years back to 2023-2024 and directs requests for historical documents to a public records request.

The Orlando Financial Documents page links the Annual Comprehensive Financial Report, the shorter Popular Annual Financial Report, bond disclosure supplements and pension documents for the Police, Firefighters and General Employees pension plans (City of Orlando Financial Documents).