LTC 068-2025 FY 2026 Budget Development Meeting DatesMIAMI BEACH
OFFICE OF THE CITY MANAGER
LTC#
TO:
FROM:
DATE:
SUBJECT:
LETTER TO COMMISSION
Honorable Mayor Steven Meiner and Members of the City Commission
Eric Carpenter, City Manager �
February 14, 2025
FY 2026 Budget Development Meeting Dates
The purpose of this Letter to Commission (L TC) is to outline the upcoming meeting dates related to the development of the FY 2026 Operating and Capital Budgets.
The FY 2026 budget discussion will commence with a Commission Budget Retreat on May 27 th,
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 workshops. Attendance is highly recommended. The dates for this year's workshops are June 13th and July 11th.
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
23rd_
Once set by the City Commission, the first Public Hearing to adopt the proposed millage rates and budgets will be held on September 17 th, and the second Public Hearing to adopt the final adopted millage rates and budgets will be held on September 30 th. The table below further outlines these dates for ease of reference.
FERC B
FERCB
City Commission Meeting
Ado t Maximum Milla e Rates
City Commission Meeting
Adopt Proposed Millage Rates and Budgets
Special City Commission Meeting
Ado t Final Milla e Rates and Bud ets
Wednesday, July 23, 2025
Wednesday, September 17, 2025
Tuesday, September 30, 2025
If you have any questions or need additional information, please feel free to contact me.
EC/JG/T95/6 . J,
068-2025