Resolution 2025-33952 RESOLUTION NO. 2025-33952
A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF
MIAMI BEACH, FLORIDA, ADOPTING THE NINTH AMENDMENT TO THE
GENERAL FUND, ENTERPRISE FUNDS, INTERNAL SERVICE FUNDS, AND
SPECIAL REVENUE FUNDS BUDGETS FOR FISCAL YEAR 2025 AS SET
FORTH IN THIS RESOLUTION AND IN THE ATTACHED EXHIBIT "A."
WHEREAS, the budgets for the General Fund, Enterprise Funds, Internal Service Funds,
and Special Revenue Funds for Fiscal Year (FY) 2025 were adopted by the Mayor and City
Commission on September 25, 2024, through Resolution No. 2024-33294; and
WHEREAS, the First Amendment to the General Fund, Enterprise Funds, Internal Service
Funds, and Special Revenue Funds budgets for FY 2025 was adopted by the Mayor and City
Commission on November 20, 2024, through Resolution No. 2024-33403; and
WHEREAS, the Second Amendment to the General Fund, Enterprise Funds, Internal
Service Funds, and Special Revenue Funds budgets for FY 2025 was adopted by the Mayor and
City Commission on February 3, 2025, through Resolution No. 2025-33503; and
WHEREAS, the Third Amendment to the General Fund, Enterprise Funds, Internal
Service Funds, and Special Revenue Funds budgets for FY 2025 was adopted by the Mayor and
City Commission on February 26, 2025, through Resolution No. 2025-33550; and
WHEREAS, the Fourth Amendment to the General Fund, Enterprise Funds, Internal
Service Funds, and Special Revenue Funds budgets for FY 2025 was adopted by the Mayor and
City Commission on March 19, 2025, through Resolution No. 2025-33586; and
WHEREAS, the Fifth Amendment to the General Fund, Enterprise Funds, Internal Service
Funds, and Special Revenue Funds budgets for FY 2025 was adopted by the Mayor and City
Commission on May 21, 2025, through Resolution No. 2025-33682; and
WHEREAS, the Sixth Amendment to the General Fund, Enterprise Funds, Internal
Service Funds, and Special Revenue Funds budgets for FY 2025 was adopted by the Mayor and
City Commission on June 25, 2025, through Resolution No. 2025-33787; and
WHEREAS, the Seventh Amendment to the General Fund, Enterprise Funds, Internal
Service Funds, and Special Revenue Funds budgets for FY 2025 was adopted by the Mayor and
City Commission on July 23, 2025, through Resolution No. 2025-33842; and
WHEREAS, the Eighth Amendment to the General Fund, Enterprise Funds, Internal
Service Funds, and Special Revenue Funds budgets for FY 2025 was adopted by the Mayor and
City Commission on September 3, 2025, through Resolution No. 2025-33889; and
WHEREAS, the FY 2025 General Fund projections as of year-end reflect that the Police
and Fire Departments are projected to exceed their current amended FY 2025 budgets due to
additional personnel services expenditures incurred during FY 2025 that are associated with the
City's collective bargaining agreements, as well as higher than anticipated expenditures in Police
for the continuation of enhanced high visibility overtime throughout the City as a result of the
attacks that occurred in October 2023, in order to ensure public safety; and
WHEREAS, it is recommended that the FY 2025 General Fund budget be amended to
reallocate approximately $7.0 million in projected savings in other General Fund departments to
address the projected overages in the FY 2025 Police and Fire Department budgets of$5.2 million
and $1.8 million, respectively, and appropriate $1.2 million of additional General Fund revenues
collected in FY 2025 based on the combined additional surplus generated by the operations of
the Miami Beach and Normandy Shores Golf Courses to be transferred to the Capital Pay-As-
You-Go Fund to fund the Miami Beach Golf Course Renovation Project; and
WHEREAS, after accounting for the proposed amendments in the current FY 2025
General Fund budget and appropriation of additional General Fund revenues collected in FY
2025, the Administration recommends that the remaining preliminary FY 2025 General Fund
surplus be allocated as set forth in this Resolution; and
WHEREAS, approximately $1.9 million should be set aside for encumbrances from FY
2025 for goods and/or services which had been procured, but not received as of year end that
the Administration is recommending be carried forward and appropriated in the respective FY
2026 General Fund operating budgets; and
WHEREAS, there are approximately$8.1 million in projects in the General Fund that were
budgeted in FY 2025 that have not yet been expended and/or encumbered that the Administration
is recommending be carried forward and appropriated in the respective FY 2026 General Fund
operating budgets; and
WHEREAS, approximately $3.4 million should be set aside to be added to the General
Fund reserve to achieve the City's General Fund reserve target goal of 25%, or 3 months, of
$120.6 million based on the Adopted FY 2026 General Fund budget of$482.5 million; and
WHEREAS, pursuant to Resolution No. 2002-24764, when there exists an excess of
General Fund revenues over expenditures, remaining funds after funding the increase in the City's
reserve, should be deposited in the Capital Reserve Fund; and
WHEREAS, to maintain fiscal prudence and flexibility, the Administration is
recommending waiving this policy in FY 2025 and setting aside the remaining preliminary FY 2025
General Fund year-end surplus of$13.4 million for future commitments, allowing for appropriation
once the Mayor and City Commission have collectively provided guidance on approved funding
priorities; and
WHEREAS, the preliminary FY 2025 Resort Tax year-end projections reflect additional
revenues collected above what was budgeted for FY 2025, of which approximately $0.9 miltion is
proposed to be appropriated in FY 2025; and
WHEREAS, the preliminary FY 2025 Resort Tax projections as of year-end reflect a
surplus of approximately $1.2 million that is recommended to be allocated as set forth in this
Resolution; and
WHEREAS, $13,000 should be set aside for encumbrances from FY 2025 for goods
and/or services which had been procured, but not received and expended at year end that the
Administration is recommending be carried forward and appropriated in the FY 2026 Resort Tax
operating budget; and
WHEREAS, there are $1.2 million in projects in the Resort Tax Fund that were budgeted
in FY 2025 that have not yet been expended and/or encumbered that the Administration is
recommending be carried forward and appropriated in the FY 2026 Resort Tax operating budget;
and
WHEREAS, this proposed budget amendment appropriates funding from a combination
of available fund balance and additional revenues collected in FY 2025 of $7.5 million in the
Convention Center Fund, $287,000 in the Information Technology Internal Services Fund, and
$5,000 in the Normandy Shores Local Government Neighborhood Improvement District Special
Revenue Fund for additional projected FY 2025 expenditures that were not budgeted; and
WHEREAS, there are a total of $2.4 million of encumbrances in the Enterprise Funds,
$0.8 million of Internal Services Fund encumbrances, and $3.1 million of Special Revenue Funds
encumbrances (not including Resort Tax)from FY 2025 for goods or services that were procured
in FY 2025, but not yet received and expended, which the Administration recommends be carried
forward and appropriated in the respective FY 2026 operating budgets; and
WHEREAS, there are appropriations of approximately $8.1 million in the Enterprise
Funds, $1.6 million in the Internal Services Funds, and $5.0 million in the Special Revenue Funds
(not including Resort Tax) recommended by the Administration to be carried forward and
appropriated in the respective FY 2026 operating budgets for projects that were originally
budgeted in FY 2025 that have not been completed and are still ongoing.
NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY
COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that, following a duly noticed public
hearing on November 20, 2025, the Mayor and City Commission hereby adopt the Ninth
Amendment to the FY 2025 General Fund, Enterprise Funds, Internal Services Funds, and
Special Revenue Funds budgets as set forth in this Resolution and in the attached Exhibit "A."
PASSED and ADOPTED this �0 day of N��1rn��� , 2025.
ATTEST:
� Steven Meiner, Mayor
Rafael E. Granado, City Clerk
�i��,,
���ti�� �' ���
`' 'sc'',,
`� � APPROVED AS TO
'���.�A���. '' FORM &LANGUAG
•:I,�:��., _ E
��:
�.., �� # &FOR EXECUTION
�'� ��,.: �.`� _
,;��"fif.� ;��?_
1 /3 �Zs
City Attomey Date
Exhibit "A"
GENERALFUND FY2025 9thBudget FY2025
Amended Budget Amendment Revised Budget
REVENUES
Opereting Revenues
AdValoremTaxes $ 269,271,000 $ 269,271,000
Ad Valorem-Capital Renewal&Repl. $ 4,118,000 $ 4,118,000
Ad Valorem-Pay-As-You-Capital $ 4,850,000 $ 4,850,000
OtherTaxes $ 31,124,000 $ 31,124,000
Licenses and Permits $ 22,931,000 $ 22,931,000
Intergovernmental $ 14,129,000 $ 14,129,000
Chargesfor5ervices $ 17,160,000 $ 1,188,000 5 18,348,000
Fines&Forfeits $ 1,955,000 $ 1,955,000
Interest Earnings $ 8,172,000 $ 8,172,000
Rents&Leases $ 8,118,000 $ 8,118,000
Miscellaneous $ 17,314,000 $ 17,314,000
ResortTax Contribution $ 42,117,000 $ 42,117,000
Other Non-Operating Revenue $ 14,925,000 $ 14,925,000
Use of General Fund Reserves/PriorYearSurplus S 12,184,000 $ 12,184,000
Total General Fund $ 468,368,000 $ 1,188,000 $ 469,556,000
FY 2025 9th Budget FY 2025
Amended Budget Amendment Revised Budget
APPROPRIATIONS
De partme nt
MayorandCommission $ 4,101,000 $ 4,101,000
City Manager $ 4,716,000 $ 4,716,000
MarketingandCommunications $ 3,344,000 $ 3,344,000
Office of Management and Budget $ 1,874,000 $ 1,874,000
Finance $ 10,466,000 5 10,466,000
Procurement $ 3,447,000 $ 3,447,000
Human Resources/Labor Relations $ 3,452,000 $ 3,452,000
City Clerk $ 2,832,000 $ 2,832,000
CityAttorney $ 8,283,000 $ 8,283,000
Housing&Community Services $ 5,979,000 $ 5,979,000
Planning $ 6,414,000 $ 6,414,000
Environment&Sustainability $ 2,597,000 $ 2,597,000
Tourism and Culture $ 4,273,000 $ 4,273,000
EconomicDevelopment $ 3,242,000 S 3,242,000
Code Compliance $ 7,710,000 $ 7,710,000
Parks&Recreation(incl.Golf Courses) $ 49,527,000 $ 49,527,000
Facilities Management $ 4,634,000 $ 4,634,000
Public Works $ 18,953,000 $ 18,953,000
Capital Improvement Projects $ 6,686,000 $ 6,686,000
Police $ 152,654,000 $ 5,150,000 $ 157,804,000
Fire $ 123,317,000 $ 1,&10,000 $ 125,157,000
Citywide(incl.OperatingContingency) $ 23,462,000 $ (6,990,000) $ 16,472,000
Subtotal Generel Fund $ 451,963,000 $ - $ 451,963,000
TRANSFERS
Pay-As-You-Go Capital Fund $ 8,433,000 $ 1,188,000 $ 9,621,000
Info&Comm Technology Fund $ 300,000 $ 300,000
Capital Reserve Fund $ 978,000 $ 978,000
Capital Renewal&Replacement Fund $ 4,368,000 $ 4,368,000
Education Initiatives Fund $ 2,326,000 $ 2,326,000
SubtoWl Trensfers $ 16,405,000 $ 1,188,000 $ 17,593,000
Total Generel Fund $ 468,368,000 $ 1,188,000 $ 469,556,000
Exhibit "A"
ENTERPRISE FUNDS FY 2025 9th Budget FY 2025
Amended eudget Amendment Revised Budget
REV EN U E/APPROPRIATIONS
Building $ 19,494,000 5 19,494,000
Convention Center $ 49,630,000 $ 7,516,000 $ 57,146,000
Water $ 49,227,000 $ 49,227,000
Sewer $ 65,893,000 $ 65,893,000
Stormwater $ 41,982,000 $ 41,982,000
Sanitation 5 28,419,000 $ 28,419,000
Parking $ 55,570,000 5 55,570,000
Total Enterprise Funds $ 310,215,000 $ 7,516,000 $ 317,731,000
INTERNALSERVICE FUNDS FY 2025 9th Budget FY 2025
Amended Budget Amendment Revised Budget
REVEN UE/APPROPRIATIONS
Information Technology 5 21,187,000 $ 287,000 $ 21,474,000
Risk Management $ 28,157,000 $ 28,157,000
Central Services 5 1,176,000 $ 1,176,000
Office of Inspector General $ 2,281,000 $ 2,281,000
Fa[ilitiesManagement $ 14,096,000 $ 14,096,000
Fleet Management $ 20,432,000 $ 20,432,000
Medical and Dental Insurance $ 52,467,000 $ 52,467,000
Total Internal Service Funds $ 139,7%,000 $ 287,000 $ 140,083,000
SPECIAL REVENUE FUNDS FY 2025 9th Budget FY 2025
Amended Budget Amendment Revised Budget
REV EN U E/APPROPRIATIONS
Education Compact $ 2,824,000 $ 2,824,000
ITTechnologyFund $ 1,021,000 $ 1,021,000
Residential Housing $ 1,007,000 $ 1,007,000
Sustainability $ 1,452,000 5 1,452,000
Tree Preservation Fund $ 458,000 $ 458,000
Commemorative Tree Trust Fund $ 3,000 5 3,000
ResortTax $ 113,566,000 $ 890,000 $ 114,456,000
Tourism and Hospitality Scholarships $ 53,000 S 53,000
Cultural Arts Council $ 2,263,000 $ 2,263,000
Waste Haulers $ 124,000 5 124,000
Normandy Shores $ 336,000 $ 5,000 $ 341,000
BiscaynePointSpecialTaxingDistrict $ 354,000 5 354,000
Allison Island Special Taxing Distrid $ 676,000 5 676,000
Biscayne Beach Special Taxing District $ 256,000 $ 256,000
Sth&Alton Garage $ 1,033,000 $ 1,033,000
7th Street Garage 5 2,746,000 5 2,746,000
Transportation&Mobility Fund 5 16,764,000 $ 16,764,000
People'sTransportation Plan 5 6,166,000 $ 6,166,000
Police Confiscation Fund-Federal $ 515,000 $ 515,000
Police Confiscation Fund-State $ 71,000 $ 71,000
PoliceTrainingFund $ 29,000 $ 29,000
Red Light Camera Fund $ 919,000 $ 919,000
E-911 Fund $ 874,000 $ 874,000
Art in Public Places(AIPP) 5 231,000 $ 231,000
BeachfrontConcessionlnitiatives $ 77,000 5 77,000
Beach Renourishment $ 307,000 $ 307,000
Resiliency Fund 5 2,951,000 5 2,951,000
Sustainabilityand Resiliency Fund $ 192,000 $ 192,000
Biscayne Bay Protection Trust Fund 5 96,000 $ 96,000
Brick Paver Program $ 10,000 $ 10,000
Adopt-A-eench Program $ 20,000 $ 20,000
Miami City Ballet $ 108,000 $ 108,000
Relocation Services Fund $ 133,000 5 133,000
Tatal Special Revenue Funds $ 157,635,000 $ 895,000 S 158,530,000
Resolutions - R7 A
NIIAMIBEA� H
COMMISSION MEMORANDUM
TO: Honorable Mayor and Members of the City Commission
FROM: Eric Carpenter, City Manager
DATE: November 20, 2025 5:01 p.m. Public Hearing
TITLE: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF
MIAMI BEACH, FLORIDA, ADOPTING THE NINTH AMENDMENT TO THE
GENERAL FUND, ENTERPRISE FUNDS, INTERNAL SERVICE FUNDS, AND
SPECIAL REVENUE FUNDS BUDGETS FOR FISCAL YEAR 2025 AS SET FORTH
IN THIS RESOLUTION AND IN THE ATTACHED EXHIBIT "A."
RECOMMENDATION
The Administration recommends that the Mayor and City Commission adopt the attached
Resolution.
BACKGROUND/HISTORY
The budgets for the General Fund, Enterprise Funds, Internal Service Funds, and Special
Revenue Funds for Fiscal Year (FY) 2025 were adopted by the Mayor and City Commission on
September 25, 2024, through Resolution No. 2024-33294.
The First Amendment to the General Fund, Enterprise Funds, Internal Service Funds, and Special
Revenue Funds budgets for FY 2025 was adopted by the Mayor and City Commission on
November 20, 2024, through Resolution No. 2024-33403.
The Second Amendment to the General Fund, Enterprise Funds, Internal Service Funds, and
Special Revenue Funds budgets for FY 2025 was adopted by the Mayor and City Commission
on February 3, 2025, through Resolution No. 2025-33503.
The Third Amendment to the General Fund, Enterprise Funds, Internal Service Funds, and
Special Revenue Funds budgets for FY 2025 was adopted by the Mayor and City Commission
on February 26, 2025, through Resolution No. 2025-33550.
The Fourth Amendment to the General Fund, Enterprise Funds, Internal Service Funds, and
Special Revenue Funds budgets for FY 2025 was adopted by the Mayor and City Commission
on March 19, 2025, through Resolution No. 2025-33586.
The Fifth Amendment to the General Fund, Enterprise Funds, Internal Service Funds, and Special
Revenue Funds budgets for FY 2025 was adopted by the Mayor and City Commission on May
21, 2025, through Resolution No. 2025-33682.
The Sixth Amendment to the General Fund, Enterprise Funds, Internal Service Funds, and
Special Revenue Funds budgets for FY 2025 was adopted by the Mayor and City Commission
on June 25, 2025, through Resolution No. 2025-33787.
5 of 103
The Seventh Amendment to the General Fund, Enterprise Funds, Internal Service Funds, and
Special Revenue Funds budgets for FY 2025 was adopted by the Mayor and City Commission
on July 23, 2025, through Resolution No. 2025-33842.
The Eighth Amendment to the General Fund, Enterprise Funds, Internal Service Funds, and
Special Revenue Funds budgets for FY 2025 was adopted by the Mayor and City Commission
on September 3, 2025, through Resolution No. 2025-33889.
ANALYSIS
GENERALFUND
The preliminary year-end analysis for FY 2025 reflects that the General Fund has a projected
operating surplus of approximately $28.0 million.
� : ..-
Adopted Amended o
General Fund Budget Budget Projected Difference /o O�er/(Under)
Rerenues $ 456,164,000 $ 468,368,000 $ 481,698,000 $ 13,330,000 2.8%
Expenditures 456,164,000 468,368,000 453,670,000 (14,698,000) -3.1%
6ccess of Revenues Over/(Under)Expenditures $ 28,028,000
Of the preliminary FY 2025 General Fund year-end surplus of$28.0 million, the Administration is
recommending that approximately $1.9 million be carried forward and appropriated in the
respective FY 2026 General Fund operating budgets to fund goods and/or services that were
procured during FY 2025, but not received and/or provided due to the timing between fiscal years.
Similarly, the Administration is recommending that approximately $8.1 million be carried forward
and appropriated in the respective FY 2026 General Fund operating budgets for projects that
were budgeted in FY 2025 that have not been completed and are still ongoing.
After accounting for the recommended FY 2025 to FY 2026 General Fund carryforwards, the
Administration is recommending that the remaining preliminary FY 2025 General Fund surplus of
approximately $18.0 million be set-aside and/or appropriated as follows:
• Set aside approximately $3.4 million to fully fund the City's General Fund reserve target
of 25°/o, or 3 months, based on the Adopted FY 2026 General Fund Budget of $482.5
million (this is in addition to the $3.1 million set-aside that was included in the Adopted FY
2025 General Fund budget) pursuant to the City's General Fund reserve policy that was
adopted by the Mayor and City Commission, through Resolution No. 2024-33340.
• Appropriate and transfer approximately $1.2 million in FY 2025 based on the combined
projected FY 2025 surplus of the Miami Beach and Normandy Shores Golf Courses'
operations to the Capital Pay-As-You-Go Fund to fund a portion of the Miami Beach Golf
Course Renovation Project that has a total estimated cost of$9.2 million, with
approximately $2.8 million currently unfunded.
The remaining preliminary FY 2025 General Fund surplus, after accounting for the recommended
General Fund carryforward encumbrances and appropriations from FY 2025 to FY 2026 and the
additional set-asides and/or appropriations that were listed above, is approximately $13.4 million.
Given the cancellation of the October City Commission meeting, several legislative items that
were on the October City Commission agenda with potential fiscal impacts have not yet been
heard or discussed. Among these are items with funding priorities that require further City
Commission discussion and direction before any appropriations can be finalized. In addition, there
6 of 103
are other pending legislative items with potential funding implications amounting to several
hundreds of thousands of doilars that may also be considered.
To ensure fiscal prudence and maintain flexibility in addressing these outstanding items, it is
recommended by the Administration that the remaining preliminary FY 2025 General Fund
surplus of approximately $13.4 million be set aside in the General Fund for future commitments.
This approach will allow the Administration to respond appropriately once the Mayor and City
Commission have had the opportunity to deliberate on these pending items and provide guidance
on funding priorities for those formally approved.
It is important to note that when there exists an excess of General Fund revenues over
expenditures, any remaining funds after funding the increase in the City's reserve, should be
deposited in the Capital Reserve Fund in accordance with Resolution No. 2002-24764. The
Administration recommends that this policy be waived by the Mayor and City Commission based
on the recommendations being made.
� .
Projected Year-End Surplus/(Gap) $28,028,000
Recommended FY 2025 to FY 2026 Encumbered Carryforwards (1,871,500)
Recommended FY 2025 to FY 2026 Unencumbered Carryforwards (8,075,500)
Surplus/(Gap) Net of Recommended Carryforward Requests $18,081,000
Set aside to fully fund General Fund reserve at 25%, or 3 months, based (3,456,000)
on adopted FY 2026 General Fund budget
FY 2025 golf courses surplus for MB Golf Course Renovation Project (1,188,000)
Remaining Surplus/(Gap) $13,437,000
Set aside for future commitments (13,437,000)
Net Remaining Surplus/(Gap) $ -
PROPOSED GENERAL FUND AMENDMENTS
Consistent with the quarterly analyses and projections that were provided by the Administration
through Letters to Commission on the status of the FY 2025 budget during the fiscal year, the
preliminary year-end expenditures reflect that all General Fund departments, except for those that
will be detailed further below, are projected to have savings at year-end. In addition, based on the
preliminary FY 2025 General Fund surplus and the Administration's recommendations on
allocating the surplus, the following amendments are being proposed for the FY 2025 General
Fund budget through the appropriation of additional revenues that were collected over and above
the current year amended budget and the realignment of projected savings in applicable General
Fund department expenditures.
For a detail of General Fund revenues by category and expenditures by department, refer to the
attached Exhibit A.
7 of 103
Operations
Preliminary FY 2025 year-end expenditures reflect that the following General Fund departments
are projected to exceed their current FY 2025 amended budgets, and as such, the current FY
2025 amended budgets are proposed to be amended.
Police —The Police Department is projected to exceed its current amended FY 2025 budget
by 3.4%, or approximately $5.2 million. This overage is primarily due to increased personnel
costs associated with the collective bargaining agreements that were approved by the Mayor
and City Commission during FY 2025. Additionally, the department is expected to surpass its
overtime budget, driven by several factors including the sustained high-visibility police
presence citywide in response to the October 2023 attacks, aimed at ensuring public safety.
Approximately $7.7 million was budgeted in a centralized Citywide Accounts reserve within
the General Fund to cover the anticipated impacts of collective bargaining agreements that
were pending approval at the time the FY 2025 budget was adopted. The Administration
recommends reallocating a portion of these funds to the Police Department to cover the
additional expenditures incurred during the fiscal year.
. • Projected vs
FY 2025 FY 2025 Amended °/a O�er/(Under)
Amended Budget Projected
Budget Variance
Expenditures $ 152,654,000 $ 157,804,000 $ 5,150,000 3.4%
Fire — The Fire Department is projected to exceed its current amended FY 2025 budget by
1.5%, or approximately $1.8 million. This overage is primarily due to increased personnel
costs resulting from the City's collective bargaining agreements.
Similar to Police, approximately$7.7 million was budgeted in a centralized Citywide Accounts
reserve within the General Fund to address the anticipated impacts of these agreements,
which were pending approval at the time the FY 2025 budget was adopted. The Administration
recommends reallocating a portion of these funds to the Fire Department to offset the
additional expenditures incurred during the fiscal year.
FY 2025 FY 2025 Projected vs
Amended Budget Projected Amended % O�er/(Under)
Budget Variance
Expenditures $ 123,317,000 $ 125,157,000 $ 1,840,000 1.5%
Capital Transfers
As part of the FY 2026 Capital Budget development process, the Administration prioritized funding
for critical renewal and replacement projects that extended the useful life of existing City facilities,
as well as addressing budget gaps in key ongoing projects. The recommendations also reflected
a commitment to improving public-facing assets, including parks, recreation facilities, and public
safety enhancements.
8 of 103
This proposed budget amendment recommends appropriating $1.2 million from the preliminary
FY 2025 General Fund year-end surplus to be transferred to the Capital Pay-As-You-Go Fund.
Consistent with the Administration's quarterly analyses and projections that were distributed
through Letters to Commission during the fiscal year, this amount corresponds to the combined
additional surplus generated by the operations of the Miami Beach and Normandy Shores Golf
Courses during FY 2025.
These funds would be allocated to support the Miami Beach Golf Course Renovation Project,
which has a total estimated cost of$9.2 million, with approximately $2.8 million currently
unfunded. This appropriation would fund a portion of the remaining gap and aid in advancing the
project toward completion.
RESORT TAX
Overall, preliminary FY 2025 Resort Tax revenues are projected to be approximately$1.1 million,
or 1.0%, above the current amended FY 2025 Resort Tax budget while Resort Tax expenditures
are projected to be $0.1 million, or 0.1%, below the current amended FY 2025 Resort Tax budget
resulting in a preliminary year-end surplus of approximately $1.2 million.
.- . -- -
�.- -��
FY 2025 FY 2025 Preliminary %Actual of � Oved(Under) %Over!(Under)
Adopted M�ended Actualsasof Amended M�ended Nrended
Budget Budget 09f30/2025 Budget Budget Budget
Revenues �.
2%Resort Tax 73,440,000 73,440,000 70,064,109 95.4% /3,948.000 508,000 07%
tiSscellaneousRevenues 2,175,000 2,175,000 2,443,367 112.3% 3,001,000 826,000 38.0%
FundBalance/RetainedEamings/PYSurplus 1,OOQ000 2,737,000 - 0.0% 1,712,000 (1,025,000) 37.4%
1%ResortTax(QOL) 17,607,000 17,607,000 17,164,670 97.5% 17,992,000 385,000 22%
A.dditional 1%Resort Tax for Convention Center 17,607,000 17,607,000 17,164,670 97.5% 17,992,000 385,000 22%
Total Revenues 111,829,000 113,566,000 106,636,816 94.1% 114,645,000 1,079,000 �.0%
Expenditures
General Fund Contribution 42,117,000 42,117,000 42,117,000 100.0% 42,117,000 - 0.0%
Sanitation Fund Contribution 2,055,000 2,055,000 2,055,000 100.0% 2,055,000 - 0.0%
ContributiontoGMCVB 9,051,000 9A51,000 9,096,303 100.5% 9,097,000 46,000 0.5%
Contribution to VCA 3,526,000 3,526,000 3,362,091 95.4% 3,600,000 74,000 2.1%
Contribution to M[.Sinai 1,000,000 1,000,000 �,000,000 100.0% 1,OOQ000 - 0.0%
OtherOperetinglOtherUses 18,866,000 20,603,000 18,105,927 87.9% 19,57�,000 (1,032,000) -5.0%
Transfer to NB,MB,58 Capital,Transp,and Ms(QOL) 17,607,000 17,607,000 17,164,670 97.5% 17,992,000 385,000 22%
AddYl 1%Conv.Center Debt Service&Cap.Ren&Repl. 17,607,000 17,607,000 - 0.0% 17,992,000 385,000 22%
Total Expenditures 111,829,000 113,566,000 92,900,991 81.8% 113,424,000 (142,000) -0.1%
Revenues Over/(Under)Expenditures - - t3,935,825 1,221,000 1,221,000
Revenues Over/(Under)Expenditures 1,221,000
Encumbered FY 2025 to FY 2026 Carryforward Requests (13,000)
Unencumbered FY 2025 to FY 2026 Carryforward Requests (1,208,000)
Remaining Revenues Overl(Under)Expenditures -
The Administration is recommending that $13,000 be carried forward and appropriated in the FY
2026 Resort Tax budget to fund goods and/or services that were procured in FY 2025, but not
received and/or provided due to the timing between fiscal years.
The Administration is also recommending that$1.2 million be carried forward and appropriated in
the FY 2026 Resort Tax budget for projects that were budgeted in the FY 2025 Resort Tax budget
that have not been completed and are still ongoing.
After accounting for the recommended Resort Tax carryforward encumbrances and
appropriations from FY 2025 to FY 2026 that total approximately $1.2 million combined, the
Resort Tax budget is balanced.
9 of 103
PROPOSED RESORT TAX FUND AMENDMENTS
Based on the preliminary FY 2025 year-end Resort Tax revenues and expenditures, the following
budget amendments are proposed:
• Appropriate $120,000 of additional 2% Resort Tax revenues collected in FY 2025 for an
increase in the contractualiy required contributions to the Miami Beach Visitor and
Convention Authority (VCA) and Greater Miami Convention & Visitors Bureau (GMCVB)
of$46,000 and $74,000, respectively, since the contributions to both the VCA and GMCVB
are based on a percentage of 2% Resort Tax collections that are projected to exceed the
current amended budget in FY 2025.
• Appropriate $385,000 of additional 1% Resort Tax (Quality of Life) revenues collected,
which are to be allocated and transferred, as adopted by Resolution No. 2018-30512, as
follows: 60% allocated for Transportation initiatives in tourist-related areas; 10% allocated
equally among North Beach, Middle Beach and South Beach for capital projects that
enhance Miami Beach's tourist related areas; and 10% allocated to various arts and
cultural programs.
• Appropriate $385,000 of additional 1% Resort Tax (Convention Center) revenues
collected, which are to be allocated solely for the purposes of expanding, enlarging,
renovating, and/or improving the Miami Beach Convention Center, including debt service
related thereto, and any excess proceeds allocated and transferred to provide Capital
Renewal and Replacement funding for the Miami Beach Convention Center.
ENTERPRISE, INTERNAL SERVICES, AND SPECIAL REVENUE FUNDS
The City accounts for those goods and/or services provided by a department to external users for
which a fee is charged as Enterprise Funds. The City's Sanitation, Water, Sewer, Storm Water,
Parking, Convention Center, and Building operations comprise this category of Proprietary Funds.
Similarly, the City accounts for goods and/or services provided by one department to other
departments citywide on a cost reimbursement basis as Internal Service Funds. Central Services,
Fleet Management, Information Technology, Facilities Management, Risk Management (Self
Insurance), Inspector General, and Medical and Dental comprise this category of Proprietary
Funds.
Lastly, Special Revenue Funds consist of revenues and expenditures that are legally restricted
and/or committed for specific purposes, other than debt service and/or capital projects. Special
Revenue Funds, which include Resort Tax previously detailed above, also include Transportation
and People's Transportation Plan (PTP) Fund operations, 7th Street and 5�h & Alton Garage
operations, the Tourism and Hospitality Scholarship Program, Information and Communications
Technology Fund, Education Initiatives Fund, Franchise Waste Haulers and Sustainability
Contributions, the Residential Housing Program, Red Light Camera Program operations,
Emergency 911 Fund, Miami Beach Cultural Arts Council, Normandy Shores and the City's three
Security Guard Special Taxing Districts (Biscayne Point, Biscayne Beach, and Allison Island),
Miami City Ballet, Art in Public Places (AiPP) operations, Tree Preservation and Commemorative
Tree Trust Funds, Beachfront Concession Initiatives Program, Beach Renourishment, Resiliency,
Sustainability and Resiliency, and Biscayne Bay Protection Trust Funds, Police Confiscation Trust
Funds (Federal and State), Police Training and School Resources Fund, and the Adopt-a-Bench
and Brick Paver Programs, among others.
All Enterprise, Internal Services, and Special Revenue Funds budgets are projected to be at or
below their current FY 2025 amended budgets as of year-end, except for the specific Enterprise,
10 of 103
Internal Services, and Special Revenue Funds that will be detailed further in the following section
for which budget amendments are being proposed as part of this item.
The preliminary year-end analysis for FY 2025 reflects that there are approximately $2.4 million
of encumbrances in the Enterprise Funds, $0.8 million of Internal Services Funds encumbrances,
and $3.1 million of Special Revenue Funds encumbrances (not including Resort Tax)for FY 2025
goods and/or services that were procured, but not received, that are recommended to be carried
forward and appropriated in the respective FY 2026 operating budgets.
It is also recommended that appropriations of approximately $8.1 million in the Enterprise Funds,
$1.6 million in the Internal Services Funds, and $5.0 million in the Special Revenue Funds (not
including Resort Tax) be carried forward and appropriated in the respective FY 2026 operating
budgets for projects that were budgeted in FY 2025 that have not been completed and are still
ongoing.
PROPOSED AMENDMENTS TO THE ENTERPRISE, INTERNAL SERVICES, AND SPECIAL
REVENUEFUNDS
Enterprise Funds
Convention Center—Consistent with the Administration's quarterly analyses and projections
that were distributed through Letters to Commission during FY 2025, the Convention Center
Fund is projected to exceed its current amended budget by approximately $7.5 million,
or 15.1%. This increase is due to the 143 events held at the Miami Beach Convention Center
during FY 2025, compared to the 71 events that were originally anticipated when the budget
was developed. While overall expenditures are also projected to exceed the current amended
budget, revenues are expected to exceed the current budget by approximately $11.6 million,
or 23.3%, resulting in a projected surplus of$4.1 million. This surplus is recommended to be
set aside for the future renewal and replacement of Convention Center assets and/or to
address future operating and expenditure obligations. This proposed budget amendment
seeks to appropriate the additional revenues and expenditures associated with the increased
event activity at the Convention Center during FY 2025.
. .
FY 2025 FY 2025 Projected vs
Amended Budget Projected Amended % Over/(Under)
Budget Variance
Re�enues $ 49,630,000 $ 61,217,000 $ 11,587,000 23.3%
Expenditures 49,630,000 57,146,000 7,516,000 15.1%
Surpl�s/(Shortfall) $ - $ 4,071,000 $ 4,071,000
Internal Services Funds
Information Technology — The Information Technology Fund is projected to exceed its current
amended budget by approximately $287,000, or 1.4%, due to the resolution of a contractual
dispute that originated in the prior fiscal year and remained unresolved until mid-FY 2025. The
recent resolution of this matter resulted in unanticipated expenditures being incurred during the
current fiscal year that were not originally budgeted. To address these additional costs, this
proposed budget amendment is to appropriate available prior year fund balance within the
Information Technology Fund.
11 of 103
. . . .
FY 2025 FY 2025 Projected vs
Amended Budget Projected Amended % O�er/ (Under)
Budget Variance
Re�enues $ 21,187,000 $ 21,326,000 $ 139,000 0.7%
Expenditures 21,187,000 21,474,000 287,000 1.4%
Surplus/(Shortfatl) $ - $ (148,000) $ (148,000)
Special Revenue Funds
Normandy Shores — The Normandy Shores Local Government Neighborhood Improvement
District is projected to exceed the current amended budget by approximately $5,000, or 1.5%, due
to unforeseen damages to the community gate, which required unplanned repair expenditures.
Although expenditures are projected to exceed the current amended budget, the additional costs
are expected to be offset by increased revenues and/or available fund balance. This proposed
amendment recommends appropriating those available funds to cover the unbudgeted
expenditures that were incurred during the fiscal year.
. . . . -
FY 2025 FY 2025 Projected vs
Amended Budget Projected Amended % O�er/ (Under)
Budget Variance
Re�enues $ 336,000 $ 345,000 $ 9,000 2.7°/a
Expenditures 336,000 341,000 5,000 1.5%
Surplus/(Shortfall) $ - $ 4,000 $ 4,000
FISCAL IMPACT STATEMENT
See information provided above
Does this Ordinance require a Business Impact Estimate?
(FOR ORDINANCES ONLY)
If applicable, the Business Impact Estimate (BIE) was published on:
See BIE at: https://www.miamibeachfl.qov/city-hall/city-clerk/meetinq-notices/
FINANCIAL INFORMATION
See information provided above
CONCLUSION
The Administration recommends that the Mayor and City Commission adopt the Ninth
Amendment to the General Fund, Enterprise Fund, Internal Services Fund, and Special Revenue
Fund budgets for FY 2025 as previously detailed and reflected in the attached Exhibit "A," which
is necessary to comply with Florida Statute, Section 166.241, that provides that the City has 60
days following the end of the fiscal year to amend the budget for that year.
EC/JDG/TOS/RA
12 of 103
Applicable Area
Citywide
Is this a "Residents Riqht to Know" item, Is this item related to a G.O. Bond
pursuant to City Code Section 2-17? Proiect?
Yes No
Was this Apenda Item initiallv requested bv a lobbvist which, as defined in Code Sec. 2-481,
includes a principal enqaqed in lobbvinq? No
If so, specify the name of lobbyist(s) and principal(s):
Department
Management and Budget
Sponsor(s)
Co-sponsor(s)
Condensed Title
5:01 p.m. PH, Adopt 9th Amendment to FY 2025 Operating Budget. OMB
Previous Action (For Citv Clerk Use Onlv)
13 of 103
Exhibit A
GENERAL FUND FY 2025 9th Budget FY 2025
Amended Budget Amendment Revised Budget
REVENUES
Operating Revenues
Ad Valorem Taxes $ 269,271,000 $ 269,271,000
Ad Valorem-Capital Renewal&Repl. $ 4,118,000 $ 4,118,000
Ad Valorem-Pay-As-You-Capital $ 4,850,000 $ 4,850,000
OtherTaxes $ 31,124,000 $ 31,124,000
Licenses and Permits $ 22,931,000 $ 22,931,000
Intergovernmental $ 14,129,000 $ 14,129,000
ChargesforServices $ 17,160,000 $ 1,188,000 $ 18,348,000
Fines&Forfeits $ 1,955,000 $ 1,955,000
InterestEarnings $ 8,172,000 $ 8,172,000
Rents&Leases $ 8,118,000 $ 8,118,000
Miscellaneous $ 17,314,000 $ 17,314,000
Resort Tax Contribution $ 42,117,000 $ 42,117,000
Other Non-Operating Revenue $ 14,925,000 $ 14,925,000
Use of GeneralFund Reserves/PriorYearSurplus $ 12,184,000 $ 12,184,000
Total General Fund $ 468,368,000 $ 1,188,000 $ 469,556,000
FY 2025 9th Budget FY 2025
Amended Budget Amendment Revised Budget
APPROPRIATIONS
Department
Mayor and Commission $ 4,101,000 $ 4,101,000
City Manager $ 4,716,000 $ 4,716,000
Marketing and Communications $ 3,344,000 $ 3,344,000
Office of Management and Budget $ 1,874,000 $ 1,874,000
Finance $ 10,466,000 $ 10,466,000
Procurement $ 3,447,000 5 3,447,000
Human Resources/Labor Relations $ 3,452,000 $ 3,452,000
City Clerk $ 2,832,000 $ 2,832,000
City Attorney $ 8,283,000 $ 8,283,000
Housing&Community Services $ 5,979,000 $ 5,979,000
Planning $ 6,414,000 $ 6,414,000
Environment&Sustainability $ 2,597,000 $ 2,597,000
Tourism and Culture 5 4,273,000 $ 4,273,000
Economic Development $ 3,242,000 $ 3,242,000
Code Compliance $ 7,710,000 $ 7,710,000
Parks&Recreation(incl.Golf Courses) $ 49,527,000 $ 49,527,000
Facilities Management $ 4,634,000 $ 4,634,000
Public Works $ 18,953,000 $ 18,953,000
Capital Improvement Projects $ 6,686,000 $ 6,686,000
Police $ 152,654,000 $ 5,150,000 $ 157,804,000
Fire $ 123,317,000 $ 1,840,000 5 125,157,000
Citywide(incl.Operating Contingency) $ 23,462,000 $ (6,990,000) $ 16,472,000
Subtotal Generel Fund 5 451,963,000 $ - $ 451,963,000
TRANSFERS
Pay-As-You-Go Capital Fund $ 8,433,000 $ 1,188,000 $ 9,621,000
Info&Comm Technology Fund $ 300,000 $ 300,000
Capital Reserve Fund $ 978,000 $ 978,000
Capital Renewal&Replacement Fund $ 4,368,000 $ 4,368,000
Education Initiatives Fund $ 2,326,000 $ 2,326,000
SubtotalTransfers $ 16,405,000 $ 1,188,000 $ 17,593,000
Total General Fund $ 468,368,000 $ 1,158,000 $ 469,556,000
14 of 103
Exhibit A
ENTERPRISE FUNDS FY 2025 9th Budget FY 2025
Amended Budget Amendment Revised Budget
REVENUE/APPROPRIATIONS
Building $ 19,494,000 $ 19,494,000
Convention Center $ 49,630,000 $ 7,516,000 $ 57,146,000
Water $ 49,227,000 $ 49,227,000
Sewer $ 65,893,000 $ 65,893,000
Stormwater $ 41,982,000 $ 41,982,000
Sanitation $ 28,419,000 $ 28,419,000
Parking $ 55,570,000 $ 55,570,000
Total Enterprise Funds $ 310,215,000 $ 7,516,000 $ 317,731,000
INTERNAL SERVICE FUNDS FY 2025 9th Budget FY 2025
Amended Budget Amendment Revised Budget
REVENUE/APPROPRIATIONS
Information Technology $ 21,187,000 $ 287,000 $ 21,474,000
Risk Management $ 28,157,000 $ 28,157,000
Central Services $ 1,176,000 $ 1,176,000
Office of Inspector General $ 2,281,000 $ 2,281,000
Facilities Management $ 14,096,000 $ 14,096,000
Fleet Management $ 20,432,000 $ 20,432,000
Medical and Dental Insurance $ 52,467,000 $ 52,467,000
Total Internal Service Funds $ 139,796,000 $ 287,000 $ 140,083,000
SPECIAL REVENUE FUNDS FY 2025 9th Budget FY 2025
Amended Budget Amendment Revised Budget
REVENUE/APPROPRIATIONS
Education Compact $ 2,824,000 $ 2,824,000
IT Technology Fund $ 1,021,000 $ 1,021,000
Residential Housing $ 1,007,000 $ 1,007,000
Sustainability $ 1,452,000 $ 1,452,000
Tree Preservation Fund $ 458,000 $ 458,000
Commemorative Tree Trust Fund $ 3,000 $ 3,000
Resort Tax $ 113,566,000 $ 890,000 $ 114,456,000
Tourism and Hospitality Scholarships $ 53,000 $ 53,000
Cultural Arts Council $ 2,263,000 $ 2,263,000
Waste Haulers $ 124,000 $ 124,000
Normandy Shores $ 336,000 $ 5,000 $ 341,000
Biscayne Point Special Taxing District $ 354,000 $ 354,000
Allison Island Special Taxing District $ 676,000 $ 676,000
Biscayne Beach Special Taxing District $ 256,000 $ 256,000
Sth&Alton Garage $ 1,033,000 $ 1,033,000
7th Street Garage $ 2,746,000 $ 2,746,000
Transportation&Mobility Fund $ 16,764,000 $ 16,764,000
People's Transportation Plan $ 6,166,000 $ 6,166,000
Police Confiscation Fund-Federal $ 515,000 $ 515,000
Police Confiscation Fund-State $ 71,000 $ 71,000
Police Training Fund $ 29,000 $ 29,000
Red Light Camera Fund 5 919,000 $ 919,000
E-911 Fund $ 874,000 $ 874,000
Art in Public Places(AIPP) $ 231,000 $ 231,000
Beachfront Concession Initiatives $ 77,000 $ 77,000
Beach Renourishment $ 307,000 $ 307,000
Resiliency Fund $ 2,951,000 $ 2,951,000
Sustainability and Resiliency Fund $ 192,000 $ 192,000
Biscayne Bay Protection Trust Fund $ 96,000 $ 96,000
Brick Paver Program $ 10,000 $ 10,000
Adopt-A-Bench Program $ 20,000 $ 20,000
Miami City Ballet $ 108,000 $ 108,000
Relocation Services Fund $ 133,000 $ 133,000
Total Special Revenue Funds $ 157,635,000 $ 895,000 $ 158,530,000
15 of 103