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HomeMy WebLinkAboutSubmittal-Department of Management and Budget-December 2025 ProjectionsSubmitted in the public record for item(s) BU.1 , on 01/22/2026 . City Clerk CITY OF MIAMI - FY 2025-26 December 2025 Projections 18752 Submittal -Department of Management and Budget -December 2025 Projections Submitted in the public record for item(s) BU.1 on 01/22/2026 . City Clerk GENERAL FUND - REVENUES FY 2025-26 dopted Budget FY 2025- Y 2025-26 ear -End rojection FY 2025-26 Year- End Projection to Budget Year -to -Date Actua Property Taxes $ 647,599,000 $ 482,714,544 $ 636,044,000 $ (11,555,000) Franchise Fees/ Other Taxes 145,857,000 18,860,975 151,501,000 5,644,000 Interest 22, 338,000 4,910,450 33,128,000 10,790,000 Transfer- In 8,222,000 85,935 8,309,000 87,000 Fines & Forfeitures 6,429,000 1,170,893 6,901,000 472,000 Intergovernmental Revenues 110,753,000 27,289,036 112,805,000 2,052,000 Licenses and Permits 104,457,000 35,380,863 110,706,000 6,249,000 Other Revenues (Inflows) 22,003,000 1,281,768 7,230,000 (14,773,000) Charges for Services 157,087,000 47,509,928 162,221,000 5,134,000 Total $ 1,224,745,000 $ 619,204,392 $ 1,228,845,000 $ 4,100,000 Submitted in the public record for item(s) BU.1 on 01/22/2026 City Clerk GENERAL FUND - EXPENDITURES Personnel Operating Expense FY 2025-26 Adopted Budge,, Capital Outlay Non -Operating Expenses Transfers - Out Total $ 926,047,000 Y 2025-26 Year -to -Date Actual 220.909.000 $ 433,773,975 FY 2025-26 Year -End Projection 101.951.679 $ 933,291,000 216.994.000 FY 2025-26 Year - End Projection to Budget $ (7,244,000) 3.915.000 997,000 21.313.000 100,551 2.303.930 55,479,000 $ 1,224,745,000 59,553 $ 538,189,688 812.000 8.415.000 185.000 12,898,000 75,733,000 (20,254,000) 1,235,245,000 $ (10,500,000) Submitted in the public record for item(s) BU.1 on 01/22/2026 . City Clerk INTERNAL SERVICE FUND FY 2025-26 Adopted Budget Y 2025-26 Year -to- FY 2025-2 Year -En Projection M. FY 2025-26 Year - End Projection to Budget Revenues: Transfers -IN $ - $ $ $ Other Revenues (Inflows) 127,730,000 120,216,497 _ 127,730,000 0 Charges for Services 40,000 15,343 62,000 22,000 Total $ 127,770,000 $ 120,231,840 $ 127,792,000 $ 22,000 Expenditures: Innovation Technology 18,745,000 8,467,004 18,745,000 0 Risk Management 109,025,000 34,451,977 105,645,000 3,380,000 Total $ 127,770,000 $ 42,918,981 $ 124,390,000 $ 3,380,000 Revenues Over/(Under) Expenditures $ $ 77,312,859 $ 3,402,000 - - SUMMARY *Includes $5 million of Contingency Reserve. Submitted in the public record for item(s) BU.1 , on 01/22/2026 . City Clerk LITEM � AMOUNJ Projected Revenues 1,228,845,000 Projected Expenditures 1,235,245,000 Revenues Over/(Under) Expenditures (6,400,000) Internal Service Fund (ISF) Net Year -End Surplus/(Deficit) 3,402,000 Net Year -End All Sub - Funds Surplus /(Deficit) $ (2,998,000) Year- End Surplus / (Deficit) by Sub -Fund Building Reserve (Sub -Fund) (7,870,000) General Fund*(Sub-Fund) 4,872,000 Total $ (2,998,000) Submitted in the public record for item(s) BU.1 on 01/22/2026 . City Clerk