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CFO presents third and fourth quarter financial update; council hears unaudited FY25 numbers
Summary
Chief Financial Officer Angela Reyes presented North Miami’s third‑ and fourth‑quarter unaudited revenue and expenditure figures, reporting the FY25 adopted budget at $214M and an amended budget of $298M (largely due to CRA bond revenue), and noting year‑end accrual adjustments and that audited statements will follow.
Angela Reyes, chief financial officer, briefed the commission on unaudited third‑ and fourth‑quarter revenues and expenditures for fiscal year 2025.
Reyes reported the FY25 adopted budget as $214,000,000 and an amended budget of $298,000,000, an increase she attributed mainly…
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