BUDGET SUMMARY CITY OF NORTH MIAMI BEACH, FLORIDA-FISCAL YEAR 2025-2026 THE PROPOSED OPERATING BUDGET EXPENDITURES OF THE CITY OF NORTH MIAMI BEACH ARE 19.3% MORE THAN LAST YEARS TOTAL OPERATING EXPENDITURES Millage Per $1,000 General Fund 6.1000 Voted Debt 0.2000 GENERAL SPECIAL DEBT CAPITAL ENTERPRISE INTERNAL TOTAL ESTIMATED REVENUES FUND REVENUE SERVICE IMPROVEMENT FUNDS SERVICES BUDGET Taxes: Millage per $1,000 Ad Valorem 6.1000 $ 34,789,775 $ - $ - $ - $ - $ - $ 34,789,775 Ad Valorem 0.2000 (Voted Debt) - - 1,088,236 - - - 1,088,236 Non-Ad Valorem Assessment - 1 ,147,266 - - - - 1,147,266 Local Option Gas Tax 217,716 - - - - - 217,716 Insurance Premium Tax 650,000 - - - - - 650,000 Franchise Fees 4,664,473 - - - - - 4,664,473 Utility Taxes 4,603,278 - - - - - 4,603,278 Communications Tax 2,172,809 - - - - - 2,172,809 Other Taxes 25,000 - - - - - 25,000 Licenses & Permits 857,514 - - - - - 857,514 Local Governmental Sales Revenues 2,365,913 - - - - - 2,365,913 Other Governmental Shared Revenues 4,488,941 9 ,435,277 - 4,250,000 - - 18,174,218 Other Service Fees 11,108,007 - - - 68,366,030 9,688,895 89,162,932 Fines & Forfeitures 1,315,000 - - - 550,000 - 1,865,000 Interest & Miscellaneous Revenues 1,002,171 2 5,000 - - 9,671,652 - 10,698,823 Other Financing Sources - - - - - - TOTAL SOURCES 68,260,597 1 0,607,543 1,088,236 4,250,000 78,587,682 9,688,895 172,482,953 Transfers In 14,250,705 - 2,596,766 6,549,033 - - 23,396,504 Fund Balances/Reserves/Net Assets 13,556,584 7 ,431,302 - 20,000,000 15,805,642 714,000 57,507,528 TOTAL REVENUES, TRANSFERS & BALANCES $ 96,067,886 $ 1 8,038,845 $ 3,685,002 $ 30,799,033 $ 94,393,324 $ 10,402,895 $ 253,386,985 EXPENDITURES Legal $ 870,000 $ - $ - $ - $ - $ - $ 870,000 City Clerk 782,316 - - - - - 782,316 Mayor & Commission 1,513,708 - - - - - 1,513,708 Executive 3,526,474 - - - - - 3,526,474 Procurement Management 853,334 - - - - - 853,334 Community Development 2,173,389 - - - - - 2,173,389 Human Resources 947,836 - - - - - 947,836 Finance 2,713,238 - - - - - 2,713,238 General Government 13,380,295 7 ,574,416 - - - 10,192,895 31,147,606 Public Safety 32,362,734 1 ,222,009 - - - - 33,584,743 Library 2,677,136 - - - - - 2,677,136 Parks & Recreation 7,131,817 - - - - - 7,131,817 Public Works 10,633,486 3 ,822,986 - - 7,722,207 - 22,178,679 Public Utilities - - - - 46,962,575 - 46,962,575 Building Permits - - - - 4,753,140 - 4,753,140 Self-Insurances 6,764,465 - - - - - 6,764,465 Capital Outlay 1,531,610 4 ,805,523 - 30,799,033 15,032,870 210,000 52,379,036 Debt Service - - 3,685,002 - 8,024,305 - 11,709,307 TOTAL EXPENDITURES/EXPENSES $ 77,149,543 $ 17,424,934 $ 3,685,002 $ 30,799,033 $ 82,495,097 $ 10,402,895 $ 221,956,504 Transfers Out 18,918,343 6 13,911 - - 11,898,227 - 31,430,481 Fund Balances/Reserves/Net Assets - - - - - - - Total Appropriated Expenditures, Transfers Reserves & Balances $ 96,067,886 $ 1 8,038,845 $ 3,685,002 $ 30,799,033 $ 94,393,324 $ 10,402,895 $ 253,386,985 The tentative, adopted and / or final budgets are on file in the office of the City Clerk of the referenced taxing authority as a public record.