[delay +1 hour]
(Miami, FL September 27, 2018) – With an unanimous vote the City of Miami Commission adopted a $1.09 billion budget for Fiscal Year 2018-19. The recently adopted budget is balanced and includes a $27 million reserve for labor negotiations and $5 million for beautification projects without increasing the overall property tax rate.
“Resiliency, efficiency, and innovation are the ingredients for any city to be successful,” said Mayor Suarez. “This budget will profoundly improve the way our city functions, and ultimately solves problems. Our priorities include creating a more resilient, tech-savvy, efficient, and beautiful city, and we will use the tools we have to continue raising the quality of life for all who call Miami home.”
The 2018-19 budget follows key priorities for the upcoming fiscal year based on the City’s Strategic Plan. The Strategic Plan focuses on mobility, housing, public safety, improving the way services are delivered, and improving shared civic spaces.
"The adopted budget aligns the work we do with our shared priorities while maintaining a conservative approach to spending and saving," said City Manager Emilio Gonzalez. “We continue to improve the services we offer and are always looking for ways to be a more efficient government.”
Although there is no increase in the total property tax rate, there was a proposed increase of the operating property tax millage by 0.15 mills and a reduction of the debt millage rate by the same amount.
To be more efficient and to provide a greater breadth of wrap-around services to the City’s most vulnerable, this budget includes the creation of a Department of Human Services. Additionally, the Office of Film and Entertainment was merged into the existing Office of Communications to combine their strengths and contacts to improve coordination. Neither of these changes will create any new positions or grow costs in any way. Furthermore, the Community and Economic Development Department has been renamed the Department of Housing and Community Development to emphasize the housing responsibility of the department.
The $1.09 billion total operating budget includes $763.002 million in the General Fund.