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HomeMy WebLinkAboutExhibit AEXHIBIT A BUDGET SUMMARY The Downtown Development Authority of the City of Miami, Florida Fiscal Year 2017-2018 THE PROPOSED OPERATING BUDGET EXPENDITURES OF THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI ARE 13.3% MORE THAN LAST YEAR'S TOTAL OPERATING EXPENDITURES GENERAL FUND Revenue Sources Ad Valorem Tax Levy 0.4681 Millage per $1000 8,791,683 Other Revenue 165,000 Total Sources 8,956,683 Fund Balances/Reserves 2,984,000 Total Revenues and Balances 11,940,683 Operating Expenditures Leadership, Advocacy & Operations 1,276,000 Business Development & Marketing 2,220,000 Arts, Culture & Entertainment 1,058,000 Urban Placemaking 1,694,000 Transit, Connectivity & Mobility 1,043,000 Tri -Rail Downtown Link 317,000 Quality of Life 2,661,000 Total operating Expenditures 10,269,000 Fund Balances/Reserves 1,671,683 Total Expenditures, Reserves and Balances 11,940,683