LTC 045-2024 FY 2025 Budget Development Meeting DatesMIAMI BEACH
OFFICE OF THE CITY MANAGER
LTC NO. 045-2024
LETTER TO COMMISSION
TO:
FROM:
Honorable Mayor Steven Meiner and Members of the City Commission
Alina T. Hudak, City Manage('\�
February 9, 2024 \f \DATE:
SUBJECT: FY 2025 Budget Development Meeting Dates
The purpose of this Letter to Commission is to outline the upcoming meeting dates related to the
development of the FY 2025 Operating and Capital Budgets.
The FY 2025 budget discussion will commence with a Commission Budget Workshop on May
21 51, 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 dates for this year's briefings are June 21 st , July 12th and July 19th.
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 24th.
Once set by the City Commission, 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 25th. The table below further
outlines these dates for ease of reference.
Meeting Date
Commission Budget Retreat Tuesday, May 21, 2024
FERC Budqet Workshop Fridav, June 21, 2024
FERC Budget Workshop Friday, July 12, 2024
FERC Budqet Workshop Friday, July 19, 2024
City Commission Meeting Wednesday, July 24, 2024 Adopt Maximum Millaqe Rates
City Commission Meeting Monday, September 16, 2024 Adopt Proposed Millage Rates and Budgets
Special City Commission Meeting Wednesday, September 25, 2024 Adopt Final Millage Rates and Budgets
If you have any questions or need additional information, please feel free to contact me.
ATH/JG/TOS