By LSN Partners on September 22, 2022
On Tuesday, September 20th, the Miami-Dade County Commission approved a $10 billion budget to operate Florida’s largest local government over the next fiscal year. It is the largest spending plan ever proposed and adopted in county history.
Referring to the budget as both “compassionate” and “fiscally responsible,” Mayor Daniella Levine-Cava noted that Miami-Dade homeowners will see a one percent reduction in property tax rates and much-needed investment to alleviate the affordable housing crisis in Florida’s most-populous county.
The Fiscal Year 2022-2023 Budget takes effect on October 1st. It provides funding for the Miami-Dade Aviation, Transportation, Police, Fire-Rescue, and Water & Sewer departments, in addition to PortMiami, more than 20 other departments, and the government’s 30,000 employees and contractors. The Mayor’s proposal also creates two standalone departments separating Procurement from the Internal Services Department and Emergency Management from Fire-Rescue.
The adopted budget also includes:
- An overall 15% increase in operating expenses, from $5.8 billion this year to $6.7 billion
- Overall spending across all county agencies and functions is up $1 billion, an 11% increase
- Continued funding of public transportation enhancements
- A 5% increase in water fees for the more than 300,000 residential properties in Miami-Dade’s service area to fund the department’s ongoing Capital Improvement Program and to continue working to comply with the federal government’s consent decree
- Additional dollars to transition homes from septic tanks to sewer
- $85 million for housing aid, including rental subsidies
- Approximately $180 million in remaining federal funds tied to COVID relief
If you are interested in additional information, click here to read the Press Release from Miami-Dade County.