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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #18058 Date: 08/27/2025 Commission Meeting Date: 09/13/2025 Requesting Department: Office of Management and Budget Sponsored By: District Impacted: All Type: Discussion Item Subject: Discussion - Public Comment - Proposed Millage & Tentative Budget FY'26 Purpose of Item: To allow discussion and public comment on the Proposed FY 2025-26 Millage Rate, Tentative Budget, and all other Budget items on the agenda. Background of Item: The Proposed General Operating Millage rate of 7.1364 for the City of Miami for the Fiscal Year beginning October 1, 2025, and ending September 30, 2026, is 8.10 percent greater than the State Defined Rolled -Back Rate of 6.6015 mills. The FY 2025- 26 Proposed Operating and Capital Budgets were provided to the Elected Officials, posted on the City's website, and filed with the Office of the City Clerk on 2025. Budget Impact Analysis Item is Related to Revenue Item is an Expenditure Total Fiscal Impact: General Account No: Various Special Revenue Account No: Various CIP Project No: N/A Office of Management and Budget City Manager's Office City Manager's Office City Manager's Office City Commission Reviewed B Marie Gouin Erica T. Paschal Natasha Colebrook -Williams Arthur Noriega V Maricarmen Lopez Department Head Review Assistant City Manager Review Deputy City Manager Review City Manager Review Meeting Completed Completed Completed Completed Completed 08/28/2025 10:19 AM 08/28/2025 11:00 AM 08/28/2025 11:20 AM 08/28/2025 2:53 PM 09/13/2025 10:00 AM