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HomeMy WebLinkAboutExhibitBUDGET SUMMARY The Downtown Development Authority of the City of Miami, Florida Fiscal Year 2020-2021 THE PROPOSED OPERATING BUDGET EXPENDITURES OF THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI ARE 6.7% LESS THAN LAST YEAR'S TOTAL OPERATING EXPENDITURES Revenue Sources Ad Valorem Tax Levy Reimbursements Total Revenues 0.4681 Millage per $1000 GENERAL FUND $ 10,580,000 1,015,000 $ 11,595,000 Operating Expenditures General Expenses $ 3,252,350 Leadership, Advocacy & Operations 881,000 Urbanism 5,136,000 Enterprise 1,367,650 Total Operating Expenditures 10,637,000 Fund Balances/Reserves 958,000 Total Expenditures, Reserves, and Balances $ 11,595,000 The tentative, adopted, and/or final budgets are on file in the office of the above referenced taxing authority as a public record.