The City of Miami Beach commission on a brief special meeting approved a series of amendments to close out fiscal year 2025 and roll unspent items into FY26, setting aside a large portion of an identified surplus until a fuller December discussion.
Finance staff told the commission the city recorded a $28,000,000 surplus for FY25 and recommended rolling over $9,900,000 of previously budgeted but unfinished FY25 expenditures into the FY26 budget. The staff presentation also proposed setting aside a figure rendered in the record as "3.45" for general fund reserves (units not specified in the meeting transcript), allocating $1,180,000 of parks surplus to a PAYGO fund earmarked for golf course renovation, and waiving the city's automatic transfer-to-capital policy to reserve $13,400,000 until the December commission meeting.
The commission moved quickly through the formal motions. A motion to approve the "R7A" ninth amendment to the FY2025 operating budget passed by roll call, recorded as 7–0. Additional items — a fourth amendment and a first amendment for the North Beach Community Redevelopment Area (R7B and R7D) and a first amendment to the FY2026 operating budget (R7C) — were introduced as joint or related items; motions were made and seconded on the record and each item was approved (vote totals recorded in the transcript as 5–0 where the joint vote was recorded as such).
Votes at a glance
R7A — Adopt ninth amendment to FY2025 operating budget: Motion to approve recorded and passed 7–0. Key figures reported by staff: $28,000,000 total surplus; $9,900,000 recommended rollover; $1,180,000 parks PAYGO allocation; $13,400,000 held in general fund reserves pending December action.
R7B — North Beach CRA fourth amendment (FY25 rollover): Motion by Commissioner Fernandez, seconded by Commissioner Bhatt; approved (recorded as 5–0).
R7C — Adopt first amendment to FY2026 operating budget (rollovers across funds and increases to IT and sanitation funds): Motion by Commissioner Fernandez, seconded by a commissioner identified in the transcript as 'Magazine'; approved (recorded as 5–0).
R7D — North Beach CRA first amendment (FY26): Motion by Commissioner Bott, seconded by Commissioner Fernandez; approved (recorded as 5–0).
The commission briefly reconvened as the City Center Redevelopment Agency (RDA) to adopt a fourth amendment to the City Center RDA operating budget and a first amendment for FY26; those items were approved by acclimation. The commission also convened as the North Beach CRA and approved the related North Beach items by recorded voice vote.
What it means
The actions keep project dollars identified but not completed in FY25 available for work in FY26 and postpone decisions about how to spend remaining surplus dollars until a fuller December agenda. Staff indicated the rollover and reserve approach gives the commission time to consider specific spending resolutions in December.
Details and next steps
The meeting record shows the commission will revisit final allocations and specific spending resolutions in December. The transcript records key numeric allocations but in one line provides the shorthand "3.45" without explicitly attaching a unit in the record; that figure should be treated as noted in the meeting transcript rather than as independently verified.