BUDGET SUMMARY TOWN OF CUTLER BAY, FLORIDA - FISCAL YEAR 2025/2026 *THE PROPOSED OPERATING BUDGET EXPENDITURES OF THE TOWN OF CUTLER BAY, FLORIDA ARE 28.4% MORE THAN LAST YEAR’S TOTAL OPERATING EXPENDITURES. Millage per $1000 General Fund: 2.8332 GENERAL SPECIAL CAPITAL ENTERPRISE TOTAL ALL ESTIMATED REVENUES FUND REVENUE PROJECTS FUND FUNDS Ad Valorem Taxes - Millage per $1000 = 2.8332 $11,612,528 $11,612,528 Franchise Fees 3,220,000 3,220,000 Utility Taxes 4,300,000 4,300,000 Intergovernmental Revenue 7,329,129 $6,220,484 $2,090,000 15,639,613 Licenses & Registration Fees 185,000 185,000 Building Permits & Zoning Fees 1,820,000 1,820,000 Impact Fees 410,000 410,000 Miscellaneous Revenue 696,000 696,000 Investment Income 500,000 290,000 $300,000 1,090,000 Grants 50,000 6,615,322 2,693,512 9,358,834 TOTAL SOURCES 29,712,657 13,535,806 300,000 4,783,512 48,331,975 Transfers In 209,000 7,340,266 884,234 3,313,280 11,746,780 Proceeds from land sale 1,750,000 1,750,000 Proceeds from issuance of debt 37,000,000 37,000,000 Fund Balances/Reserves/Net Assets 23,923,547 8,862,312 (3,496,254) 18,722,871 48,012,476 TOTAL REVENUES, TRANSFERS & BALANCES $55,595,204 $29,738,384 $34,687,980 $26,819,663 $146,841,231 EXPENDITURES Mayor and Council $234,150 $234,150 Town Clerk 631,203 631,203 Town Attorney 500,000 500,000 General Government 5,549,262 $12,500,000 18,049,262 Finance 633,080 633,080 Police Services 13,160,859 13,160,859 Public Works 1,346,153 $11,075,338 $2,318,036 14,739,527 Community Development 2,370,439 2,370,439 Parks and Recreation 5,965,991 742,546 6,708,537 TOTAL EXPENDITURES 30,391,137 11,817,884 12,500,000 2,318,036 57,027,057 Transfers Out 1,112,350 10,634,430 11,746,780 Fund Balances/Reserves/Net Assets 24,091,717 7,286,070 22,187,980 24,501,627 78,067,394 TOTAL APPROPRIATED EXPENDITURES, TRANSFERS, RESERVES & BALANCES $55,595,204 $29,738,384 $34,687,980 $26,819,663 $146,841,231 THE TENTATIVE, ADOPTED, AND/OR FINAL BUDGETS ARE ON FILE IN THE OFFICE OF THE TOWN CLERK, 10720 CARIBBEAN BLVD., SUITE 105, CUTLER BAY, FL 33189, AS A PUBLIC RECORD.