BUDGET SUMMARY / CITY OF MIAMI - FISCAL YEAR 2025-2026 THE PROPOSED OPERATING BUDGET EXPENDITURES OF THE CITY OF MIAMI ARE 2.3% GREATER THAN LAST YEAR’S TOTAL OPERATING EXPENDITURES. General Fund 7.1080 Voted Debt 0.2536 GENERAL SPECIAL DEBT INTERNAL ESTIMATED REVENUES FUND REVENUE SERVICE SERVICE FUND TOTAL Taxes: Millage per $1000 Ad Valorem Taxes 7.1080 700,288,000 700,288,000 Ad Valorem Taxes 0.2536 (Voted Debt) 24,987,000 24,987,000 TIF Transfer (CRA) (73,189,000) (73,189,000) Delinquent Ad Valorem Taxes 20,000,000 20,000,000 Interest Ad Valorem Taxes 500,000 500,000 Franchise Fees & Other Taxes 145,857,000 145,857,000 Interest 22,338,000 48,000 22,386,000 Fines & Forfeitures 6,429,000 1,750,000 8,179,000 Intergovernmental Revenue 110,753,000 98,712,000 6,000,000 215,465,000 Licenses and Permits 104,457,000 6,590,000 111,047,000 Other Revenues 22,003,000 256,195,000 6,604,000 127,730,000 412,532,000 Charges for Services 154,087,000 12,307,000 40,000 166,434,000 TOTAL SOURCES 1,213,523,000 375,602,000 37,591,000 127,770,000 1,754,486,000 Transfers-In 17,222,000 9,133,000 54,238,000 80,593,000 Fund Balance/Reserves/Net Assets TOTAL REVENUES, TRANSFERS & BALANCES 1,230,745,000 384,735,000 91,829,000 127,770,000 1,835,079,000 EXPENDITURES General Government 123,178,000 31,449,000 91,829,000 18,745,000 265,201,000 Planning & Development 65,407,000 58,752,000 124,159,000 Housing & Community Development 2,938,000 93,938,000 96,876,000 Public Works 144,425,000 31,786,000 176,211,000 Public Safety 684,594,000 66,274,000 750,868,000 Others 95,185,000 31,889,000 109,025,000 236,099,000 Non-Departmental 46,733,000 56,188,000 102,921,000 TOTAL EXPENDITURES 1,162,460,000 370,276,000 91,829,000 127,770,000 1,752,335,000 Transfers-Out 63,285,000 14,459,000 77,744,000 Fund Balance/Reserves/Net Assets 5,000,000 5,000,000 TOTAL APPROPRIATED EXPENDITURES, TRANSFERS, RESERVES & BALANCES 1,230,745,000 384,735,000 91,829,000 127,770,000 1,835,079,000 THE TENTATIVE, ADOPTED, AND/OR FINAL BUDGETS ARE ON FILE IN THE OFFICE OF THE ABOVE MENTIONED TAXING AUTHORITY AS A PUBLIC RECORD. Ad No. 43775