Myrtle Beach City Council unanimously passed the first reading of its fiscal year 2026-27 budget Tuesday, May 26.
The budget proposed is $384,112,568, containing a 6.5% increase from the fiscal year 2025-26 budget.
There is no property tax increase proposed, but there is a reduction in the Tourism Development Fee (TDF) credit for homeowners from 67.45% to 53.4%…