BUDGET SUMMARY Village of Key Biscayne - Fiscal Year 2025-26 THE PROPOSED OPERATING BUDGET EXPENDITURES OF THE VILLAGE OF KEY BISCAYNE ARE 11.6% MORE THAN LAST YEAR'S TOTAL OPERATING EXPENDITURES. Millage Per $1,000 General Fund: $2.8846 Parks and Capital Transportation Open Space Building Improvement Stormwater Solid Waste ESTIMATED REVENUES: General Fund Fund Fund Fund Fund Fund Fund Total All Funds Millage Per Property Taxes: $1,000 Ad Valorem Taxes, Operating 2.8846 $ 32,086,132 $ - $ - $ - $ - $ - $ 32,086,132 Licenses and Permits 348,000 - - 2,220,500 - - - 2,568,500 Intergovernmental 3,150,858 1,364,083 - 1 5,050,820 - - 19,565,761 Utility and Franchise Taxes 4,303,000 - - - - - 4,303,000 Charges For Services 3,163,500 - - 20,000 - 2,321,179 1,043,371 6,548,050 Fines and Forfeitures - - - - - - - Other Revenue 2,376,600 77,948 202,019 122,892 - 140,922 36,939 2,957,320 Proceeds of Long-term Debt - - 3 5,800,000 - 35,800,000 Transfers In From Other Funds - - 320,861 3 ,614,622 - - 3,935,483 TOTAL SOURCES 45,428,090 1,442,031 522,880 2,363,392 5 4,465,442 2,462,101 1,080,310 107,764,246 Fund Balances/Reserves/Net Assets 29,539,567 2,318,844 5,109,773 1,769,471 1 0,659,424 3,059,335 860,714 53,317,128 TOTAL REVENUES, TRANSFERS & BALANCES $ 7 4,967,657 $ 3,760,875 $ 5,632,653 $ 4,132,863 $ 65,124,866 $ 5,521,436 $ 1,941,024 $ 161,081,374 EXPENDITURES General Government $ 5,217,409 - - - - - $ 5,217,409 Public Safety 21,918,648 - - - 8 ,527,051 - - 30,445,699 Building, Zoning, and Planning 594,015 - - 2,607,929 - - 3,201,944 Public Works 6,121,231 962,500 - - 5 5,322,815 1,260,800 1,044,000 64,711,346 Parks and Recreation 7,534,421 - - - 1 ,275,000 - - 8,809,421 Debt Service 1,066,883 - - 469,822 - 1,536,705 Transfers to Other Funds 2,975,483 550,000 - - 410,000 - 3,935,483 TOTAL EXPENDITURES 45,428,090 1,512,500 - 2,607,929 6 5,124,866 2,140,622 1,044,000 117,858,007 Fund Balances/Reserves/Net Assets 29,539,567 2,248,375 5,632,653 1,524,934 - 3,380,814 897,024 43,223,367 TOTAL APPROPRIATED EXPENDITURES, TRANSFERS, RESERVES, & BALANCES $ 7 4,967,657 $ 3,760,875 $ 5,632,653 $ 4,132,863 $ 65,124,866 $ 5,521,436 $ 1,941,024 $ 161,081,374 THE TENTATIVE, ADOPTED, AND/OR FINAL BUDGETS ARE ON FILE IN THE OFFICE OF THE ABOVE MENTIONED TAXING AUTHORITY AS A PUBLIC RECORD