Port St. Lucie City Council agreed to lower the city's property tax millage rate for the 11th consecutive year at the annual Summer Workshop held July 22-23. The Council approved a millage rate of 4.8750 for fiscal year 2026-27, a decrease from 4.9750 in fiscal year 2025-26. The budget will be adopted by City Council in September, with public hearings taking place Sept. 4 and Sept. 18, and goes into effect Oct. 1.
Since 2016, the city has reduced its millage rate by 25 percent, saving the average homeowner nearly $2,000 over a 10-year period. Port St. Lucie has the third lowest municipal tax rate out of Florida's 20 largest cities. The property tax reduction maintains Port St. Lucie's record of steadily reducing its millage rate while managing historic population growth, investing in essential infrastructure and improving public safety.