BUDGET SUMMARY The Downtown Development Authority of the City of Miami, Florida Fiscal Year 2025-2026 THE PROPOSED OPERATING BUDGET EXPENDITURES OF THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI ARE 5% LESS THAN LAST YEAR’S TOTAL OPERATING EXPENDITURES GENERAL FUND Revenue Sources Ad Valorem Tax Levy 0.3900 Millage per $1000 $12,820,000 Reimbursements 3,369,490 Total Revenues 16,189,490 Reserve, Carryover and Others 2,676,500 Total Revenues and Balances 18,865,990 Operating Expenditures General Expenses 3,566,500 Leadership, Advocacy and Operations 1,330,000 Quality of Life & Enhanced Services 8,611,490 Arts, Culture & Entertainment 1,000,000 Urbanism 2,048,000 Business Development 2,310,000 Total Operating Expenditures 18,865,990 Fund Balances and Reserves - Total Expenditures, Reserves, and Balances 18,865,990 The tentative, adopted, and/or final budgets are on file in the office of the above referenced taxing authority as a public record.