BUDGET SUMMARY CITY OF SOUTH MIAMI, FLORIDA - FISCAL YEAR 2025-2026 THE PROPOSED OPERATING BUDGET EXPENDITURES OF THE CITY OF SOUTH MIAMI ARE 5.8% MORE THAN LAST YEAR'S TOTAL ADOPTED OPERATING EXPENDITURES. GENERAL FUND MILLAGE RATE: 3.9500 STORMWATER LOCAL OPTION PARKS TREE ART IN PEOPLE PEOPLE DEBT CAPITAL EMERG STATE FEDERAL GENERAL DRAIN GAS TRST IMPACT TRUST PUBLIC PLACES TRANSPORTATION TRANSIT SERVICE IMPROVEMENT RESERVE FORFEITURE FORFEITURE TOTAL ESTIMATED REVENUES: FUND FUND FUND FUND FUND FUND FUND FUND FUND FUND FUND FUND FUND ALL FUNDS TAXES: MILLAGE PER $1,000 AD VALOREM TAXES 3.9500 11,734,346 11,734,346 SALES AND USE TAXES 5,168,265 5,168,265 LICENSES AND PERMITS 1,574,500 125,000 0 1,699,500 INTERGOVERNMENTAL REVENUE 1,950,154 67,592 0 615,000 155,000 2,787,746 CHARGES FOR SERVICES 5,545,094 380,000 5,925,094 FINES & FORFEITURES 1,872,000 1,872,000 MISCELLANEOUS REVENUE 1,542,673 5,000 5,000 18,000 0 20,000 5,288,772 150,000 7,029,445 TOTAL SOURCES 29,387,032 385,000 72,592 143,000 0 0 635,000 155,000 5,288,772 0 150,000 0 0 36,216,396 TRANSFERS IN 150,000 720,516 2,916,473 0 3,786,989 BEGINNING FUND BALANCE 7,882,828 -101,381 -35,586 214,661 211,794 831,450 52,378 250,692 0 6,290,956 7,157,546 30,352 377,096 23,162,786 TOTAL REVENUES, TRANSFERS & BALANCES 37,419,860 283,619 37,006 357,661 211,794 831,450 687,378 405,692 6,009,288 9,207,429 7,307,546 30,352 377,096 63,166,171 EXPENDITURES GENERAL GOVERNMENT 9,194,134 90,683 9,284,817 PUBLIC SAFETY 10,226,102 454,548 30,352 375,000 11,086,002 PHYSICAL ENVIRONMENT 4,375,299 96,945 210,000 3,117,881 7,800,125 TRANSPORTATION 1,291,415 35,000 680,000 360,000 2,366,415 CULTURE AND RECREATION 4,149,475 355,000 825,000 5,635,000 10,964,475 DEBT SERVICE 0 0 6,009,288 6,009,288 TOTAL EXPENDITURES 29,236,425 187,628 35,000 355,000 210,000 825,000 680,000 360,000 6,009,288 9,207,429 0 30,352 375,000 47,511,122 TRANSFERS OUT 3,636,989 150,000 3,786,989 FUND BALANCES/RESERVES/NET ASSETS 4,546,446 -54,009 2,006 2,661 1,794 6,450 7,378 45,692 0 0 7,307,546 0 2,096 11,868,060 TOTAL APPROPRIATED EXPENDITURES, RESERVES & BALANCES 37,419,860 283,619 37,006 357,661 211,794 831,450 687,378 405,692 6,009,288 9,207,429 7,307,546 30,352 377,096 63,166,171 THE TENTATIVE, ADOPTED AND/OR FINAL BUDGETS ARE ON FILE IN THE OFFICE OF THE ABOVE MENTIONED TAXING AUTHORITY AS A PUBLIC RECORD