Monday, August 3, 2026

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Articles tagged with "Budget"

City Will Raise Water and Sewer Rates After Rejecting Two Bond Plans
Government Members Only

City Will Raise Water and Sewer Rates After Rejecting Two Bond Plans

On the last day it could have placed a question on the November 3 ballot, the Commission rejected both general obligation bond options and voted 5-2 to fund roughly $450 million of water, sewer and stormwater work through utility rates alone — a program about half the size of the one staff brought in. How much bills will actually rise won't be known until September.

Journal Staff Jul 24, 2026
Commission Set to Vote on Redrawn Boucher Brothers Deal for One Ocean Drive
Government Members Only

Commission Set to Vote on Redrawn Boucher Brothers Deal for One Ocean Drive

Miami Beach commissioners will consider an amended concession agreement with Boucher Brothers Pier Park that raises the required investment to $35 million, extends the potential deal term to 18 years, and closes out years of litigation over the prime South Beach property.

Journal Staff Jul 16, 2026
Miami Beach Panel Backs Committee Cuts — Then Floats Scrapping Itself Too
Government Members Only

Miami Beach Panel Backs Committee Cuts — Then Floats Scrapping Itself Too

The Public Safety and Neighborhood Quality of Life Committee unanimously endorsed a sweeping overhaul of Miami Beach's advisory board system — sunsetting some panels, sparing others the administration wanted gone, and leaving one committee's fate up in the air. Then a committee member turned the question on the body itself.

Journal Staff Jul 16, 2026
DeSantis vetoes $1.3 million in Miami Beach projects in his final budget
Government Members Only

DeSantis vetoes $1.3 million in Miami Beach projects in his final budget

In his final state budget, Gov. Ron DeSantis vetoed about $1.3 million for two Miami Beach projects — flood-resilience work on West Avenue and security barriers along the Beachwalk. He also struck roughly $1.16 million in Mount Sinai elder-care slots and member-sponsored projects in Surfside, Bay Harbor Islands and North Bay Village.

Journal Staff Jul 02, 2026
City May Give Bandshell Operator $1 Lease at North Beach Property
Government

City May Give Bandshell Operator $1 Lease at North Beach Property

Miami Beach commissioners will consider letting the Rhythm Foundation use a vacant city-owned storefront at 7605 Collins Avenue for six months at $1, after a redevelopment project forces the nonprofit out of its current office.

Journal Staff Jun 19, 2026
Budget Season Opens: A Flat Tax Rate, a Structural Gap, and a Capital Wishlist the City Can Only Half-Fund
Government Members Only

Budget Season Opens: A Flat Tax Rate, a Structural Gap, and a Capital Wishlist the City Can Only Half-Fund

Miami Beach's first detailed FY2027 numbers landed at Wednesday's Finance committee. The administration proposes holding the tax rate flat, but a structural shortfall of $7.9M to $17.7M remains, the five-year capital plan tops $1.3 billion, and only about half of next year's $256M in capital requests can be funded — all before a November ballot measure that threatens future revenue.

Journal Staff Jun 17, 2026
The Week Ahead: Budget Season Opens, a Live Local Off-Ramp, and a Transparency Push
Government

The Week Ahead: Budget Season Opens, a Live Local Off-Ramp, and a Transparency Push

Three Miami Beach committees meet this week. The first detailed FY2027 budget-and-millage numbers land Wednesday, the city floats a homegrown alternative to the state's Live Local Act on Monday, and a cluster of ethics and transparency measures advances — all at the committee stage, none a final vote.

Journal Staff Jun 15, 2026
City Eyes $18.6M Savings With Bond Refinancing — Tourists Pay Either Way
Budget

City Eyes $18.6M Savings With Bond Refinancing — Tourists Pay Either Way

When City of Miami Beach officials sit down for their April 22 Commission meeting, one of the most consequential items on the agenda won't involve a new program, a shiny project, or a zoning fight. It will involve a ledger — specifically, Agenda Item R7R, a proposed resolution that could save Miami Beach taxpayers more than $18.6 million over the next two decades by refinancing a decade-old bond tied to the city's iconic Convention Center renovation.

Journal Staff Apr 17, 2026