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Madeira Beach finance director outlines FY2027 operating budget; overall revenues $32.0M
Summary
Finance director Andrew presented the FY2027 operating budget showing $32,000,004.30 in proposed revenues across funds, explained where reserves will be used to balance specific funds, and flagged surplus funds such as marina and parking.
Andrew, the city’s finance director, opened the workshop with a fund-by-fund overview of the proposed fiscal year 2027 operating budget and said total proposed revenues and other inflows are $32,000,004.30. He told commissioners the budget shows some funds operating at a surplus (marina, parking) while others will require reserve transfers to balance outflows.
"We have all of our different funds...total revenues and other inflows of $32,000,004.30," Andrew said during the presentation. He explained that revenues plus any budget reserves would equal budgeted outflows and that the budget book will show the detailed carryover and net positions by fund. Andrew also warned commissioners that very high reliance on fund balance carryover would be a warning sign for sustainability and that the August budget book will include corrected 2024–25 actuals for comparative purposes.
