LTC 119-2020 FY 2021 Budget Development Meeting Dates MIAMI BEACH
OFFICE OF THE CITY MANAGER
LTC# 119-2020 LETTER TO COMMISSION
TO: Mayor Dan Gelber and Members the City mmission
FROM: Jimmy L. Morales, City Manager �w J
DATE: March 4, 2020
SUBJECT: FY 2021 Budget Development M ting Dates
The purpose of this Letter to Commission is to outline the upcoming meeting dates related to the
development of the FY 2021 Operating and Capital Budgets.
The FY 2021 budget discussion will commence with a Commission Budget Workshop in mid-May,
where the Administration will provide an overview of the upcoming budget process and a preview
of discussion items which will be further discussed during the summer.
Each year, the Administration provides budget briefings at a series of Finance Economic Resiliency
Committee (FERC) meetings commencing in the summer. Please note that the full City Commission
is invited to each of these budget briefings. Attendance is highly recommended. The tentative dates
for this year's briefings are June 19th, July 8th, July 17th and July 24th (if needed).
The FERC provides recommendations, which inform the final proposed budgets and millage rates.
The proposed maximum millage rates will be adopted at the City Commission meeting on July 29th.
The first Public Hearing to adopt the proposed millage rates and budgets will be held on
September 16th, and the second Public Hearing to adopt the final adopted millage rates and
budgets will be held on September 29th. The table below further outlines these dates for ease
of reference.
Meeting Date
Commission Budget Workshop May 2020
FERC Budget Briefing Friday,June 19, 2020
FERC Budget Briefing Wednesday,July 8, 2020
FERC Budget Briefing Friday,July 17, 2020
FERC Budget Briefing (if needed) Friday,July 24, 2020
City Commission Meeting Wednesday,July 29, 2020
Adopt Maximum Millage Rates
City Commission Meeting Wednesday, September 16, 2020
Adopt Proposed Millage Rates and Budgets
Special City Commission Meeting Tuesday, September 29, 2020
Adopt Final Millage Rates and Budgets
If you have any questions or need additional information, please feel free to contact me.
JLM/JW/TO