September 14th, 2026 - Special Council Meeting

The City of Sebastian held a special council meeting on September 14, 2026, primarily focused on adopting the tentative millage rate and budget for fiscal year 2026-2027. The council reviewed detailed budget presentations covering general fund expenditures, enterprise funds, capital improvement projects, and various special revenue funds. Key procurement-related discussions included the approval of a 6-year capital improvement program totaling $61.9 million, with $11.1 million planned for the next fiscal year and 40% of that funded by grants. The council also approved financial policy updates, including an increased capitalization threshold for asset recording and depreciation to streamline financial management. Motions to adopt the tentative millage rate of 3.3318 mills, the tentative budget, the capital improvement plan, and updated financial policies were all unanimously approved. The final public hearing for the fiscal year 2026-2027 millage and budget was announced for September 23, 2026.