Budget Workshop

Agenda (non-virtual)

VILLAGE OF PALMETTO BAY

Mayor Karyn Cunningham

Vice Mayor Mark Merwitzer

Council Member Patrick Fiore (Seat 1)

Council Member Steve Cody (Seat 2)

Council Member Marsha Matson (Seat 3)

Village Manager Nick Marano

Village Attorney John C. Dellagloria

Village Clerk Missy Arocha

In accordance with the Americans with Disabilities Act of 1990, persons needing special accommodation, a sign language interpreter, or hearing impaired to participate in this proceeding should contact the Village Clerk at (305) 259-1234 for assistance no later than four days prior to the meeting.

AGENDA

BUDGET WORKSHOP

WEDNESDAY, JULY 30, 2025 - 7:00 PM

VILLAGE HALL MUNICIPAL CENTER

9705 EAST HIBISCUS STREET, PALMETTO BAY, FL 33157

(305) 259-1234

1.

CALL TO ORDER, ROLL CALL, INVOCATION, PLEDGE OF ALLEGIANCE, DECORUM STATEMENT, IN THAT ORDER

Any person making impertinent or slanderous remarks, or who becomes boisterous, while addressing the Council may be barred from further appearance before the Council by the Mayor, unless permission to continue or again address the Council is granted by a majority vote of the Council. Applauding speakers shall be discouraged. Heckling or verbal outbursts in support or opposition to a speaker, or his or her remarks, shall be prohibited. No signs or placards shall be allowed in the Council meeting. Persons exiting the Council meeting shall do so quietly. All cellular telephones and beepers are to be silenced during the meeting.

2.

REQUESTS, PETITIONS, AND PUBLIC COMMENTS

Individuals wishing to speak on matters on the agenda and on items pertinent to the Village may do so by speaking during this section of the agenda. The Mayor will recognize those persons who wish to speak. Each speaker must sign-in prior to speaking on the designated public commentary sign-in sheet. Items for public hearing provided for within the agenda shall not be a topic of discussion during this section of the agenda. Please limit your comments to three (3) minutes or less. Public comments made by members of the public are important to the Village Council. Speakers will address the Village Council with respect.

3.

DEPARTMENTAL BUDGET VIDEOS

A.

VILLAGE MANAGER'S BUDGET PRESENTATION

4.

COUNCIL DISCUSSION

5.

ADJOURNMENT

WE, THE VILLAGE COUNCIL OF THE VILLAGE OF PALMETTO BAY, HEREBY COMMIT OURSELVES TO MAINTAINING CIVILITY IN OUR PUBLIC AND POLITICAL DISCOURSE AND PLEDGE TO THE FOLLOWING PRINCIPLES:

We will respect the right of all citizens in our community to hold different opinions;

We will avoid rhetoric intended to humiliate or question the wisdom of those whose opinions are different from ours;

We will strive to understand differing perspectives;

We will choose our words carefully;

We will speak truthfully without accusation and we will avoid distortion;

We will speak out against violence, prejudice, and incivility in all of their forms, whenever and wherever they occur.

NOTICE OF APPEAL RIGHTS

Pursuant to Florida Statutes 286.0105, the Village hereby advises the public that if a person decides to appeal any decision made by the Council with response to any matter considered at its meeting or hearing, he or she will need a record of the proceedings, and that for such purpose, the affected person may need to ensure that verbatim record of the proceedings is made, which record includes testimony and evidence upon which the appeal is to be based. This notice does not constitute consent by the Village for the introduction or admission of otherwise inadmissible or irrelevant evidence, nor does it authorize challenges or appeals not otherwise allowed.

Mayor Karyn Cunningham Vice Mayor Mark Merwitzer Council Member Patrick Fiore (Seat 1) Council Member Steve Cody (Seat 2) Council Member Marsha Matson (Seat 3) Village Manager Nick Marano Village Attorney John C. Dellagloria Village Clerk Missy Arocha 1. CALL TO ORDER, ROLL CALL, INVOCATION, PLEDGE OF ALLEGIANCE, DECORUM STATEMENT, IN THAT ORDER Any person making impertinent or slanderous remarks, or who becomes boisterous, while addressing the Council may be barred from further appearance before the Council by the Mayor, unless permission to continue or again address the Council is granted by a majority vote of the Council. Applauding speakers shall be discouraged. Heckling or verbal outbursts in support or opposition to a speaker, or his or her remarks, shall be prohibited. No signs or placards shall be allowed in the Council meeting. Persons exiting the Council meeting shall do so quietly. All cellular telephones and beepers are to be silenced during the meeting. 2. REQUESTS, PETITIONS, AND PUBLIC COMMENTS Individuals wishing to speak on matters on the agenda and on items pertinent to the Village may do so by speaking during this section of the agenda. The Mayor will recognize those persons who wish to speak. Each speaker must sign-in prior to speaking on the designated public commentary sign-in sheet. Items for public hearing provided for within the agenda shall not be a topic of discussion during this section of the agenda. Please limit your comments to three (3) minutes or less. Public comments made by members of the public are important to the Village Council. Speakers will address the Village Council with respect. VILLAGE OF PALMETTO BAY In accordance with the Americans with Disabilities Act of 1990, persons needing special accommodation, a sign language interpreter, or hearing impaired to participate in this proceeding should contact the Village Clerk at (305) 259-1234 for assistance no later than four days prior to the meeting. AGENDA BUDGET WORKSHOP WEDNESDAY, JULY 30, 2025 – 7:00 PM VILLAGE HALL MUNICIPAL CENTER 9705 EAST HIBISCUS STREET, PALMETTO BAY, FL 33157 (305) 259-1234 1

3. DEPARTMENTAL BUDGET VIDEOS A. VILLAGE MANAGER'S BUDGET PRESENTATION 4. COUNCIL DISCUSSION 5. ADJOURNMENT WE, THE VILLAGE COUNCIL OF THE VILLAGE OF PALMETTO BAY, HEREBY COMMIT OURSELVES TO MAINTAINING CIVILITY IN OUR PUBLIC AND POLITICAL DISCOURSE AND PLEDGE TO THE FOLLOWING PRINCIPLES: We will respect the right of all citizens in our community to hold different opinions; We will avoid rhetoric intended to humiliate or question the wisdom of those whose opinions are different from ours; We will strive to understand differing perspectives; We will choose our words carefully; We will speak truthfully without accusation and we will avoid distortion; We will speak out against violence, prejudice, and incivility in all of their forms, whenever and wherever they occur. NOTICE OF APPEAL RIGHTS Pursuant to Florida Statutes 286.0105, the Village hereby advises the public that if a person decides to appeal any decision made by the Council with response to any matter considered at its meeting or hearing, he or she will need a record of the proceedings, and that for such purpose, the affected person may need to ensure that verbatim record of the proceedings is made, which record includes testimony and evidence upon which the appeal is to be based. This notice does not constitute consent by the Village for the introduction or admission of otherwise inadmissible or irrelevant evidence, nor does it authorize challenges or appeals not otherwise allowed. AMERICAN DISABBILITIES ACT OF 1990 This meeting is open to the public. In accordance with the American Disabilities Act of 1990, persons needing special accommodation or a sign language interpreter to participate in this proceeding should contact the Village Clerk at (305) 259-1234 no later than four (4) days prior to the meeting. Hearing Assistance Devices are available with the Village Clerk. 2

AGENDA ITEM NO. 3.A Item Cover Page DATE: July 30, 2025 SUBMITTED BY: Nick Marano, Village Manager's Office ITEM TYPE: Presentation AGENDA SECTION: DEPARTMENTAL BUDGET VIDEOS SUBJECT: VILLAGE MANAGER'S BUDGET PRESENTATION SUGGESTED ACTION: BUDGET WORKSHOP AGENDA ITEM REPORT ATTACHMENTS: Village Manager's Budget Presentation 3

FISCAL YEAR 2026 BUDGET HIGHLIGHTS AND OVERVIEW July 30, 2024 4

Millage Rate FY 04 – FY 25 2 2.447 2.447 2.3736 2.3736 2.4476 2.447 2.447 2.447 2.447 2.447 2.447 2.447 2.3292 2.3292 2.2387 2.200 2.235 2.4 2.35 2.35 2.3018 2.05 2.1 2.15 2.2 2.25 2.3 2.35 2.4 2.45 2.5 5

0 2,000,000 4,000,000 6,000,000 8,000,000 10,000,000 12,000,000 14,000,000 16,000,000 18,000,000 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Ad Valorem Taxes All Other Sources General Fund Revenue 2008 – 2025 2008 Constant Dollars 6

0.0000 2.0000 4.0000 6.0000 8.0000 10.0000 12.0000 City Millage Debt Service 2025 Millage Rate Comparison 4 Source: Miami Dade County Property Appraiser 7

Millage Rate Comparisons Est Annual Cost per 100K Taxable Value Millage RateMunicipality $2302.3018Palmetto Bay $2842.84Cutler Bay $3833.83 (max rate)Pinecrest $3953.95South Miami $6246.2376Homestead 8

Total Millage Rate Palmetto Bay 2023-2025 2.35 6.589 0.2621 2.3965 5.3867 0.5 Palmetto Bay School District State/Regional MDFR Miami Dade County Children's Trust The Village of Palmetto Bay receives $0.13 of every $1.00 in property taxes paid. Median Taxable Residential Property $372,092 Palmetto Bay Tax @2.35 mls $874.41 Palmetto Bay Tax @2.3018 mls $856.48 Source: Miami Dade County Property Appraiser 9

Service Level Metrics  Police Services  National average for suburban municipalities - $407 per resident  Village of Palmetto Bay - $488 per resident  Village invests significantly more in Public Safety and residents move here specifically for that  Parks and Recreation  National average suburban municipalities - $93 per resident  Village of Palmetto Bay - $146 per resident  Village invests 57% above national average in Parks & Recreation, another strong draw for the Village  Administrative Overhead  Best practices for municipalities is 20-35% (Manager, Clerk, Finance, HR, etc)  Village of Palmetto Bay – 24%  Village operates a Lean Administration at the low end of the overhead range Palmetto Bay strategically invests more where it matters most (public safety and quality of life) while maintaining lean operations. 10

Ad-Valorem Taxes 46% Utility Taxes 16% Franchise Fees 9% Licenses and Permits 1% Intergovernmental Revenue 19% Fines and Forfeitures 1% Charges for Services 5% Other Income 3% REVENUES Village Manager 2% Village Clerk 2% Village Attorney 3% Finance Department 3% Human Resources 4% Planning & Zoning 3% General Government 9% Facilities Maintenance 3% Police Services 50% Parks & Recreation 16% Debt 3% IT 2% EXPENDITURES FY 25 GENERAL FUND SUMMARY 11

FY 26 GENERAL FUND SUMMARY Ad-Valorem Taxes 48% Utility Taxes 17% Franchise Fees 9% Licenses and Permits 1% Intergovernmental Revenue 18% Fines and Forfeitures 1% Charges for Services 4% Interest Income 1% Other Income 1% REVENUES Village Manager 2% Village Clerk 2% Village Attorney 1% Finance Department 3% Human Resources 4% Planning & Zoning 3% IT 2% General Government 8% Facilities Maintenance 3% Police Services 53% Parks & Recreation 16% Debt 3% EXPENDITURES 12

CONSOLIDATED BUDGET SUMMARY Description Actual FY 2023-24 Adopted Budget FY 2024-25 Budget Adjustments FY 2024-25 Final Budget FY 2024-25 Estimated Final FY 2024-25 Proposed Budget FY 2025-26 BEGINNING FUND BALANCE - ALL FUNDS 29,753,284 27,858,218$ 32,690,468$ 32,690,468$ 19,739,514$ REVENUES - ALL FUNDS Ad Valorem Taxes @ 2.3018 mills @ 95% 9,556,131 10,285,200 - 10,285,200 10,398,979 10,771,617 Utility Taxes 3,397,680 3,525,000 - 3,525,000 3,192,431 3,699,060 Franchise Fees 2,151,439 2,100,000 - 2,100,000 1,875,039 1,956,936 Licenses and Permits 411,340 261,000 - 261,000 279,500 270,000 Intergov ernmental Rev enue 4,007,757 4,124,000 - 4,124,000 4,082,491 3,911,709 Fines and Forfeitures 402,329 275,000 - 275,000 285,000 225,000 Charges for Serv ices 952,664 1,017,500 - 1,017,500 908,190 958,450 Interest Income 590,169 349,476 - 349,476 355,000 275,000 Other Miscellaneous Rev enues 360,255 295,981 - 295,981 568,452 317,981 ARPA - - - - - - Special Rev enue Funds 7,129,826 5,458,398 - 5,569,471 6,081,290 5,241,115 TOTAL REVENUES - ALL FUNDS 28,959,590 27,691,555 - 27,802,628 28,026,372 27,626,868 Inter Fund Transfer 10,760,488 2,128,000 - 2,128,000 1,928,000 1,974,513 TOTAL SOURCES - ALL FUNDS 69,473,362 57,677,773 - 62,621,096 62,644,840 49,340,895 EXPENDITURES - ALL FUNDS Operating Expenditures Personnel Serv ices 6,991,208 7,468,902 - 7,467,902 6,919,218 8,283,194 Operating Expenses 17,572,058 19,800,612 - 20,020,612 18,405,931 19,335,165 Total Operating Expenditures 24,563,266 27,269,514 - 27,488,514 25,325,149 27,618,359 Capital Outlay 3,260,647 3,907,456 - 4,940,449 14,598,006 3,144,513 Debt Service Principal 705,415 532,223 - 532,223 512,223 541,287 Interest 364,592 341,948 - 341,948 341,948 325,733 Total Debt Service 1,070,007 874,171 - 874,171 854,171 867,020 TOTAL EXPENDITURES - ALL FUNDS 28,893,920 32,051,141 - 33,303,134 40,777,326 31,629,892 Other Financing Uses 900,000 200,000 - 200,000 200,000 250,000 Transfer for Capital Outlay 9,760,488 1,928,000 - 1,928,000 1,928,000 1,724,513 Transfer to Maintenance Fund 100,000 - - - - - Transfer of Fund Balance - - - - - - Fund Balance Restricted Fund Balance 8,031,717 3,287,191 - 4,868,892 5,809,631 3,802,947 Committed Fund Balance 11,158,242 1,278,541 - 10,943,561 1,511,153 1,489,326 Assigned Fund Balance 4,700,000 4,700,000 - 4,700,000 4,700,000 4,700,000 Unassigned Fund Balance 8,800,509 6,311,739 - 6,677,509 7,718,730 5,744,217 Total Fund Balance 32,690,468 15,577,471 - 27,189,962 19,739,514 15,736,490 TOTAL EXPENDITURES, TRANSFERS, RESERVES & BALANCES ALL FUNDS 72,344,876 49,756,612 - 62,621,096 62,644,840 49,340,895 13

GENERAL FUND SUMMARY Description Actual FY 2023-24 Adopted Budget FY 2024-25 Budget Adjustments FY 2024-25 Final Budget FY 2024-25 Estimated Final FY 2024-25 Proposed Budget FY 2025-26 BEGINNING GENERAL FUND BALANCE 23,085,645$ 13,139,739$ 13,500,509$ 13,500,509$ 12,418,730$ REVENUES Ad Valorem Taxes @ 2.3018 mills @ 95% 9,556,131 10,285,200 - 10,285,200 10,398,979 10,771,617 Utility Taxes 3,397,680 3,525,000 - 3,525,000 3,192,431 3,699,060 Franchise Fees 2,151,439 2,100,000 - 2,100,000 1,875,039 1,956,936 Licenses and Permits 411,340 261,000 - 261,000 279,500 270,000 Intergov ernmental Rev enue 4,007,757 4,124,000 - 4,124,000 4,082,491 3,911,709 Fines and Forfeitures 402,329 275,000 - 275,000 285,000 225,000 Charges for Serv ices 952,664 1,017,500 - 1,017,500 908,190 958,450 Interest Income 590,169 349,476 - 349,476 355,000 275,000 Other 360,255 295,981 - 295,981 568,452 317,981 TOTAL REVENUES 21,829,764$ 22,233,157$ -$ 22,233,157$ 21,945,082$ 22,385,753$ Transfer from Fund Balance - - - - - - TOTAL SOURCES 44,915,409$ 35,372,896$ -$ 35,733,666$ 35,445,591$ 34,804,483$ EXPENDITURES Operating Village Council 176,849 215,198 - 215,198 185,659 220,428 Village Manager 342,465 384,855 - 384,855 367,495 503,713 Village Clerk 408,164 473,512 - 473,512 386,439 442,928 Village Attorney 687,861 696,635 - 696,635 1,041,596 323,576 Finance Department 517,796 560,175 - 560,175 516,408 586,797 Human Resources & Communications 654,106 834,170 - 834,170 740,670 856,964 Planning & Zoning (Comm. & Econ. Dev .) 639,694 678,933 - 678,933 680,527 662,816 Information Technology 236,873 382,666 - 382,666 299,712 345,351 General Gov ernment 1,713,719 1,912,550 - 1,912,550 1,733,912 1,857,465 Facilities Maintenance (Public Serv ices) 639,133 673,589 - 673,589 560,013 606,611 Police Serv ices 10,490,975 11,076,750 - 11,076,750 10,165,243 11,715,750 Parks & Recreation 3,325,276 3,578,743 - 3,573,743 3,475,806 3,505,124 Total Operating 19,832,911$ 21,467,776$ -$ 21,462,776$ 20,153,480$ 21,627,523$ 14

GENERAL FUND SUMMARY Description Actual FY 2023-24 Adopted Budget FY 2024-25 Budget Adjustments FY 2024-25 Final Budget FY 2024-25 Estimated Final FY 2024-25 Proposed Budget FY 2025-26 DEBT Principal 485,187 451,046 - 451,046 431,046 460,110 Interest 336,314 314,335 - 314,335 314,335 298,120 Total Debt 821,501$ 765,381$ -$ 765,381$ 745,381$ 758,230$ TOTAL EXPENDITURES 20,654,412$ 22,233,157$ -$ 22,228,157$ 20,898,861$ 22,385,753$ Other Financing Uses 900,000 200,000 - 200,000 200,000 250,000 Transfer for Capital Outlay 9,760,488 1,928,000 - 1,928,000 1,928,000 1,724,513 Transfer to Maintenance Fund 100,000 - - - - Transfer of Fund Balance - - - - - FUND BALANCE - Restricted Fund Balance - - - - - Committed Fund Balance - - - - - Assigned Fund Balance Categories: - - - - Declared Emergencies 650,000 650,000 650,000 650,000 650,000 Community Growth 500,000 500,000 500,000 500,000 500,000 Rev enue Volatility 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 Litigation Reserv e 350,000 350,000 350,000 350,000 350,000 Asset Repair or Replacement and Maintenance2,200,000 2,200,000 2,200,000 2,200,000 2,200,000 Unassigned General Fund Balance 8,800,509 6,311,739 - 6,677,509 7,718,730 5,744,217 TOTAL FUND BALANCE 13,500,509$ 11,011,739$ -$ 11,377,509$ 12,418,730$ 10,444,217$ TOTAL EXPENDITURES, TRANSFERS, RESERVES & BALANCES 44,915,409$ 35,372,896$ -$ 35,733,666$ 35,445,591$ 34,804,483$ 15

 Budget built with a 2.3018 millage rate  General Fund Revenue is $152,596 more than FY 25  Budget Reductions:  Attorney Litigation $650,000  Special Events $275,000  OT/Canal Patrol $300,000  IT Help Desk $ 50,000  Planner to Public Services $162,000  State Lobbyist $ 50,000  Dept Consultants $ 70,000  CRP Security Guards $115,000  PBP Security $ 50,000  Woods returned to County $ 40,000  Reduced Park Hours $117,000  Landscaping VH $ 40,000  Landscaping US1 $ 30,000  Landscaping CRP $ 50,000  Landscaping PBP $ 35,000  Landscaping PWP $ 5,000  Landscaping LP $ 15,000 FY 26 BUDGET HIGHLIGHTS 16

Staffing Summary PT FT PT FT PT FT PT FT PT FT PT FT Village Council Mayor & Council 5.0 0.0 5.0 0.0 5.0 0.0 5.0 0.0 5.0 0.0 5.0 0.0 Total Council Positions 5.0 0.0 5.0 0.0 5.0 0.0 5.0 0.0 5.0 0.0 5.0 0.0 Departments Office of the Village Manager 0.0 4.0 0.0 4.0 0.0 4.0 0.0 3.0 0.0 3.0 0.0 4.0 Office of the Village Attorney 0.0 1.0 0.0 1.0 0.0 1.0 0.0 1.0 0.0 1.0 0.0 1.0 Office of the Village Clerk 0.0 3.0 0.0 4.0 0.0 4.0 0.0 4.0 0.0 4.0 0.0 4.0 Finance Department 0.0 7.0 1.0 6.0 1.0 6.0 0.0 6.0 0.0 6.0 0.0 6.0 IT Department 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2.0 0.0 2.0 0.0 2.0 Human Resources & Communications 1.0 4.0 1.0 6.0 1.0 6.0 2.0 5.0 2.0 5.0 2.0 5.0 Parks & Recreation 25.0 11.0 19.0 16.0 19.0 16.0 19.0 16.0 19.0 16.0 19.0 16.0 Community & Economic Development 0.0 15.0 0.0 17.0 0.0 17.0 0.0 12.0 0.0 12.0 0.0 0.0 Planning & Zoning Department 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6.0 Building & Permitting Department 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.0 5.0 Public Services 0.0 14.0 0.0 16.0 0.0 17.0 0.0 19.0 0.0 19.0 0.0 19.0 Total Village Positions 26.0 59.0 21.0 70.0 21.0 71.0 21.0 68.0 21.0 68.0 22.0 68.0 PT FT PT FT PT FT PT FT PT FT PT FT Departments Community & Economic Development 6.0 1.0 7.0 0.0 7.0 0.0 7.0 0.0 8.0 0.0 0.0 0.0 Building & Permitting Department 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5.0 0.0 Palmetto Bay Policing Unit 0.0 46.0 0.0 48.0 0.0 49.0 0.0 49.0 0.0 49.0 0.0 49.0 Total Contractual Positions 6.0 47.0 7.0 48.0 7.0 49.0 7.0 49.0 8.0 49.0 5.0 49.0 PT FT PT FT PT FT PT FT PT FT PT FT Total Council Positions 5.0 0.0 5.0 0.0 5.0 0.0 5.0 0.0 5.0 0.0 5.0 0.0 Total Village Positions 26.0 59.0 21.0 70.0 21.0 71.0 21.0 68.0 21.0 68.0 22.0 68.0 Total Contractual Positions 6.0 47.0 7.0 48.0 7.0 49.0 7.0 49.0 8.0 49.0 5.0 49.0 SUMMARY VILLAGE POSITIONS CONTRACTUAL POSITIONS POSITION SUMMARY FY 21-22 Final FY 20-21 Final FY 25-26 Proposed FY 24-25 Adopted FY 23-24 Adopted FY 22-23 Final 17

General Fund Expenditures Description Actual FY 2023-24 Adopted Budget FY 2024-25 Budget Adjustments FY 2024-25 Final Budget FY 2024-25 Estimated Final FY 2024-25 Proposed Budget FY 2025-26 BEGINNING FUND BALANCE 23,085,645$ 13,139,739$ -$ 13,500,509$ 13,500,509$ 12,418,730$ REVENUES 21,829,764 22,233,157 - 22,233,157 21,945,082 22,385,753 Transfer In - - - - - - EXPENDITURES Personnel Village Council 164,311 201,198 - 201,198 173,159 206,428 Village Manager 337,248 368,032 - 368,032 353,379 488,213 Village Clerk 311,759 325,362 - 325,362 318,149 339,778 Village Attorney 165,999 217,635 - 217,635 172,744 219,576 Finance Department 456,249 494,525 - 494,525 466,898 520,647 Information Technology 190,969 244,666 - 244,666 215,812 237,851 Human Resources & Communications 563,382 701,670 - 701,670 595,838 724,464 Planning & Zoning (Comm. & Econ. 526,212 379,331 - 379,331 518,660 546,816 General Gov ernment - - - - - - Facilities Maintenance (Public 237,083 205,339 - 205,339 175,099 203,111 Police Serv ices - - - - - - Parks & Recreation 1,817,206 1,745,706 - 1,745,706 1,671,420 1,939,624 Total Personnel 4,770,418 4,883,464 - 4,883,464 4,661,158 5,426,508 Operating Village Council 12,538 14,000 - 14,000 12,500 14,000 Village Manager 5,217 16,823 - 16,823 14,116 15,500 Village Clerk 96,405 148,150 - 148,150 68,290 103,150 Village Attorney 521,862 479,000 - 479,000 868,852 104,000 Finance Department 61,547 65,650 - 65,650 49,510 66,150 Information Technology 45,904 138,000 - 138,000 83,900 107,500 Human Resources & Communications 90,724 132,500 - 132,500 144,832 132,500 Planning & Zoning (Comm. & Econ. 113,482 299,602 - 299,602 161,867 116,000 General Gov ernment 1,713,719 1,912,550 - 1,912,550 1,733,912 1,857,465 Facilities Maintenance (Public 402,050 468,250 - 468,250 384,914 403,500 Police Serv ices 10,490,975 11,076,750 - 11,076,750 10,165,243 11,715,750 Parks & Recreation 1,508,070 1,833,037 - 1,828,037 1,804,386 1,565,500 - Total Operating 15,062,493 16,584,312 - 16,579,312 15,492,322 16,201,015 GENERAL FUND 18

General Fund Expenditures Description Actual FY 2023-24 Adopted Budget FY 2024-25 Budget Adjustments FY 2024-25 Final Budget FY 2024-25 Estimated Final FY 2024-25 Proposed Budget FY 2025-26 Capital Outlay - - - - - Debt Service Principal 485,187 451,046 - 451,046 431,046 460,110 Interest 336,314 314,335 - 314,335 314,335 298,120 Total Debt 821,501 765,381 765,381 745,381 758,230 TOTAL EXPENDITURES 20,654,412$ 22,233,157$ 22,228,157$ 20,898,861$ 22,385,753$ Other Financing Uses 900,000 200,000 - 200,000 200,000 250,000 Transfer for Capital Outlay 9,760,488 1,928,000 - 1,928,000 1,928,000 1,724,513 Transfer to Maintenance Fund 100,000 - - - - - Transfer of Fund Balance - - - - - - Fund Balance Restricted Fund Balances - - - - - - Commited Fund Balances - - - - - - Assigned Fund Balance 4,700,000 4,700,000 - 4,700,000 4,700,000 4,700,000 Unassigned Fund Balance 8,800,509 6,311,739 - 6,677,509 7,718,730 5,744,217 ENDING GENERAL FUND BALANCE 13,500,509$ 11,011,739$ -$ 11,377,509$ 12,418,730$ 10,444,217$ 19

Village Policing Unit Actuals Budget Actuals Budget 3,886,710 4,934,000 2,774,732 5,056,823 53,587 54,000 36,761 53,900 47,517 50,000 40,525 52,285 3,690 2,000 1,334 4,000 -886 0 0 0 19,945 20,000 13,810 20,000 532 0 533 0 74,554 0 26,374 0 418,982 0 313,559 0 281,914 0 227,452 0 135,445 45,000 81,150 45,000 47,039 0 4,723 0 41,463 135,000 29,151 0 1,041,450 1,045,000 589,275 1,130,000 614,944 0 506,038 0 -614,944 0 -506,038 0 -66,665 0 -22,248 0 -24,493 0 -14,512 0 6,230 0 0 0 -120,611 0 -38,263 0 -115,438 0 -38,254 0 20,053 0 -180,603 0 0 0 0 416 0 0 0 135,182 388,815 372,000 263,984 384,931 2,197,510 1,818,000 1,341,134 1,998,5945010110000 - RETIREMENT 0 5001100000 - EMPLOYEE REGULAR - BAT BUDGET ONLY 0 5001550000 - TERMINATION PAYMENTS - BAT BUDGET ONLY 0 5010100000 - SOCIAL SECURITY 0 5001920000 - SALARIES REIMBURSEMENTS 0 5001930000 - OVERTIME REIMBURSEMENTS 0 5001970000 - WAGE ACCRUALS 0 5001740000 - OVERTIME FEDERAL REIMBURSEMENT 0 5001760000 - FEDERAL SALARIES REIMBURSEMENT 0 5001850000 - CROSS INDEX OVERTIME DISTRIB 0 5001600000 - EMPLOYEE OVERTIME OT 0 5001700000 - EXTRA DUTY PAY 0 5001710000 - EXTRA DUTY REIMBURSEMENTS 0 5001530000 - COMPENSATORY TIME PAY 0 5001540000 - PAYMENT FOR UNUSED SICK LEAVE 0 5001550000 - TERMINATION PAYMENTS 0 5001500000 - SICK PAY 0 5001510000 - HOLIDAY PAY 0 5001520000 - ANNUAL LEAVE PAY 0 5001350000 - JOB INJURY PAY 0 5001360000 - UNIFORM & LIEU OF ALLOWANCES 0 5001390000 - AWARDS & SPECIAL RECOGNITION 0 5001220000 - FLEX DOLLARS 0 5001250000 - LONGEVITY PAYMENTS 0 5001260000 - WORKING OUT OF CLASSIFICATION 0 Forecast 2023-24 2024-25 2024-25 2024-25 2025-26 5001100000 - EMPLOYEE REGULAR 0 20

Village Policing Unit Budget Actuals Budget -20,096 0 -7,047 0 -17,029 0 -9,858 0 -42,833 0 -12,912 0 -44,350 0 -10,885 0 -247,057 0 -201,155 0 2,209 0 0 0 13,462 0 -123,747 0 626,679 838,000 554,095 980,000 8,587 9,000 6,753 8,802 94,331 87,000 65,632 90,467 17,224 15,000 9,971 19,600 245,000 230,000 0 225,000 3,600 4,000 2,450 4,000 0 0 95 0 5,300 5,000 0 6,000 16,500 18,000 0 17,000 89,081 90,000 51,964 90,000 -29,598 -20,000 -27,177 -20,000 5330170000 - INVESTIGATIVE EXP(START FY16) 0 145 0 5330500000 - OTHER GENERAL OPERATING SERV 795,700 464,556 894,000 5330510000 - SUNPASS PAYMENTS TO DOT 1,800 2,160 3,000 5410160000 - GASOLINE-UNLEADED 23,000 355 23,000 5470110000 - GSA CENTRAL SERVICE SUPPLIES 500 0 1,000 5493100000 - CLOTHING AND UNIFORMS 24,000 16,141 24,000 5260600000 - FM LT EQ FUEL 110,000 35,583 150,000 5260630000 - FM LT EQ PARTS 56,000 11,134 60,000 5260640000 - FM LT EQ COMM SUB 50,000 32,646 70,000 5260650000 - FM LT EQ INSURANCE 82,000 5,706 82,000 5260660000 - FM LT EQ LABOR 55,000 14,865 75,000 5260670000 - FM POLICY CHARGES 155,000 12,548 160,000 5260680000 - FM ACC/ ABU/ MOD 20,000 0 20,000 5260780000 - FM-VEHICLE DISPOSAL CHARGES 3,000 0 3,000 5501320000 - M-D POLICE - TRF OUT 0 0 0 Total Expenditures 11,127,000 6,344,635 11,867,000 155,354 0 6,048 0 2,311 0 44,581 0 10,367,878 0 147,065 0 56,918 0 69,938 0 73,585 0 71,557 0 635,523 0 3,332 0 19,860 0 0 0 22,255 0 5321530000 - REIMB OF COUNTY CHG FOR SVC 0 Actuals Forecast 2023-24 2024-25 2024-25 2024-25 2025-26 1,200 0 5232100000 - GENERAL LIABILITY INSURANCE 0 5232300000 - SHERIFF PROFESSIONAL LIABILITY 0 5252100000 - AUTO & PASSENGER VEH LEASES 0 5011150000 - WORKER'S COMPENSATION INS 0 5035100000 - MDPD & FIRE RETIR HLTH INS SUP 0 5224300000 - OTHER OUTSIDE CONTRACTUAL SRVC 0 5011110000 - GROUP LIFE INSURANCE 0 5011130000 - MICA MEDICARE HOSPITAL INS 0 5011140000 - DENTAL PLANS 0 5010970000 - CROSS INDEX OT FRINGE DISTRIB 0 5010980000 - FRINGE ACCRUALS 0 5011100000 - GROUP HEALTH INSURANCE 0 5010890000 - OT FRINGE BENEFIT REIMB 0 5010910000 - FRINGE BENEFIT REIMBURSEMENTS 0 5010930000 - EXTRA DUTY FRINGE BENEFIT REMB 0 5010740000 - OVERTIME FRINGE FEDERAL REIMB 0 5010770000 - FEDERAL FRINGE REIMB. 0 21

POLICE IMPACT FEES HIGHLIGHTS • FY 24 Carryover • $180,000 For Coral Reef Park boat launch/dock improvements (in progress) • FY 26 New Funding • No projects identified at this date 22

POLICE IMPACT FEES BUDGET SPECIAL REVENUE FUND SUMMARY- PUBLIC SAFETY GRANTS BUDGET Description Actual FY 2023-24 Adopted Budget FY 2024-25 Budget Adjustments FY 2024-25 Final Budget FY 2024-25 Estimated Final FY 2024-25 Proposed Budget FY 2025-26 BEGINNING PUBLIC SAFETY FUND BALANCE 502,183$ 495,726$ 508,998 508,998$ 433,147$ REVENUES Police Impact Fees 31,164 - - 38,150 - L.E.T.T.F. Parking Fees 2,367 - - 1,300 - Interest - - - - GRANTS - - - - - - - - - - - - - - TOTAL REVENUES 33,531$ -$ -$ 39,450$ -$ TOTAL SOURCES 535,714$ 495,726$ 508,998$ 548,448$ 433,147$ EXPENDITURES OPERATING Professional Serv ices-RadKids - - - - - Trav el and Per diem - - - - - Operating Supplies - - 19,500 - Professional Dev elopment-L.E.T.T.F. Parking Fees 1,049 3,000 3,000 300 3,000 TOTAL OPERATING 1,049 3,000 3,000 19,800 3,000 CAPITAL - LETF - - - -