City Manager Michael Ilczyszyn’s proposed $984.1 million budget for Cape Coral in 2025 includes lower property taxes for residents, city officials said. The proposed budget was developed utilizing a millage rate of 5.3126 for general operations, reducing the millage rate from the prior year (5.3694).
The proposed budget allocates more than $242 million to general operations, including police, parks and transportation. This proposed budget reflects a 10.18% decrease from the previous year.
The budget includes 66 new full-time positions, with 29 funded through the city’s General Fund. Additionally, it earmarks $3.5 million to expand sidewalks. The budget for paving roadways nearly doubled, with $11.5 million allocated to infrastructure improvement.
The proposed budget includes $10.4 million for the purchase of the old golf club property along Palm Tree Boulevard.
City Council will discuss the proposed budget through a series of workshops starting with a town hall July 25 and will adopt the final version of the budget in September after public hearings scheduled for Sept. 12 and 26.