Miami News People of Miami

City of Miami released the Fiscal Year 2018-19 budget

shutterstock 1128514295 - City of Miami released the Fiscal Year 2018-19 budget

The City of Miami released the Fiscal Year 2018-19 budget. The $1.086 billion Proposed Operating Budget is balanced and includes a $14 million reserve for labor negotiations and $5 million for beautification projects without increasing the overall property tax rate.

It is clear that we are heading in a new direction," said Mayor Francis Suarez. "I have tasked the City Manager to reach reasonable settlements with our labor unions, and I have asked the administration to improve the quality of life of our residents through citywide beautification projects."

The budget also sets objectives for the upcoming fiscal year.

"We are presenting a strategic plan to better serve our residents," said City Manager Emilio Gonzalez. "The proposed budget aligns the work we do with our shared priorities."

The FY 2018-19 proposed budget will go before the City of Miami Commission in September.

Stay up to date with the latest news from Miami

Calle Ocho needs you!

Calle Ocho risks losing many businesses as well as its appeal if the government does not allow for expanded outdoor seating by using parking lanes and closing streets.

Sign here, save Calle Ocho