BUDGET SUMMARY NOTICE OF BUDGET HEARING The City of Sunny Isles Beach has tentatively adopted a budget for fiscal year 2026-2027 A public hearing to make a FINAL DECISION on the budget AND TAXES will be held on: Tuesday, September 15, 2026 5:30pm at David P. Samson Commission Chambers 18070 Collins Avenue Sunny Isles Beach, FL 33160 BUDGET SUMMARY City of Sunny Isles Beach - Fiscal Year 2026/2027 THE PROPOSED OPERATING BUDGET EXPENDITURES OF THE CITY OF SUNNY ISLES BEACH ARE 2.6% MORE THAN LAST YEAR'S TOTAL ADOPTED OPERATING EXPENDITURES. General Fund Millage Rate per $1000 is 1.6514 SPECIAL CAPITAL GENERAL REVENUE PROJECTS ENTERPRISE TOTAL OF FUND FUNDS FUNDS FUNDS ALL FUNDS Fund Balance & Reserves - October 1, 2026 $ 79,910,050 $ 6,182,972 $ 11,264,047 $ 2,994,881 $ 100,351,950 Estimated Revenues Ad Valorem Taxes- 1.6514 30,588,636 - - - 30,588,636 Utility Taxes 5,143,000 - - - 5,143,000 Communication Services Tax 890,000 - - - 890,000 Franchise Fees 3,611,000 - - - 3,611,000 Licenses/Permits 903,000 5,210,000 - - 6,113,000 Intergovernmental 3,038,917 1,820,711 400,000 81,776 5,341,404 Charges for Services 5,534,415 - 524,587 1,360,000 7,419,002 Fines and Forfeitures 1,977,920 - - - 1,977,920 Miscellaneous 4,312,226 305,000 2,860,015 70,000 7,547,241 Debt Issuance - - Sale of Capital Assets - - Transfers In - 5,000,000 27,000,000 - 32,000,000 Total Estimated Revenues $ 55,999,114 $ 12,335,711 $ 30,784,602 $ 1,511,776 $ 100,631,203 TOTAL ESTIMATED REVENUES, TRANSFERS, FUND BALANCE & RESERVES $ 135,909,164 $ 18,518,683 $ 42,048,649 $ 4,506,657 $ 200,983,153 Estimated Expenditures City Commission 492,797 - - - 492,797 City Manager 868,562 - - - 868,562 City Clerk 723,689 - - - 723,689 Media 1,229,420 - - - 1,229,420 Finance 1,349,032 - - - 1,349,032 Human Resources 1,125,053 - - - 1,125,053 Risk Management 3,076,300 - - - 3,076,300 Procurement 491,020 - - - 491,020 City Attorney 475,000 - - - 475,000 Innovation & Technology 3,764,708 - - - 3,764,708 Public Safety 24,764,185 - - - 24,764,185 Community Development 2,907,618 6,215,611 - - 9,123,229 Public Works 8,966,444 6,319,478 - 1,119,699 16,405,621 Cultural & Community Services 13,541,918 1,208,000 - - 14,749,918 Debt Service 2,969,000 - - - 2,969,000 Capital Improvement Program - - 40,942,134 81,776 41,023,910 Transfers Out 32,000,000 - - - 32,000,000 Total Estimated Expenditures $ 98,744,746 $ 13,743,089 $ 40,942,134 $ 1,201,475 $ 154,631,444 Fund Balance - Nonspendable - - - - - Fund Balance - Committed 10,000,000 - - - 10,000,000 Fund Balance - Assigned 16,686,187 - 1,106,515 - 17,792,702 Fund Balance - Unassigned/Other 10,478,231 4,775,594 - 3,305,182 18,559,007 Fund Balance & Reserves - September 30, 2027 $ 37,164,418 $ 4,775,594 $ 1,106,515 $ 3,305,182 $ 46,351,709 TOTAL ESTIMATED EXPENDITURES, TRANSFERS, FUND BALANCE & RESERVES $ 135,909,164 $ 18,518,683 $ 42,048,649 $ 4,506,657 $ 200,983,153 THE TENTATIVE, PROPOSED, AND/OR FINAL BUDGETS ARE ON FILE IN THE CITY CLERK'S OFFICE OF SUNNY ISLES BEACH AS A PUBLIC RECORD.