Sanibel’s 2026 budget grows with property value surge
Summary by Gulfshore Business
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1 Articles
Sanibel’s 2026 budget grows with property value surge
Sanibel City Council reviewed its proposed $216 million fiscal 2026 budget during a July 15 meeting. The budget is bolstered by ongoing hurricane recovery funds and an estimated more than 20% increase in property tax values, the highest year-over-year increase in Lee County. That’s the second-highest estimated property value in city history at $5.6 billion, down from a peak of $6.3 billion before Hurricane Ian. Council approved the preliminary…
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