The Cape Coral City Council gave staff directions to keep the millage rate the same and apply the reserve as a starting point for discussions for the Fiscal Year 2027 budget.
The balance left from last year is $29 million.
“I would much rather have a $29 million surplus, than be in the hole,” Mayor John Gunter said Friday, the second day of a two-day budget workshop. “We did pretty good. I do think it’s important to try to figure out when we do have money left over where we can put it and how to spend it.”…