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Front Page » Breaking News » Miami expects $27 million budget surplus

Miami expects $27 million budget surplus

Written by on July 31, 2017

The City of Miami is expecting a budget surplus when the current fiscal year of 2016-2017 ends on Sept. 30.

Christopher Rose, Office of Management and Budget director, reported to city commissioners that his office is projecting a net surplus of about $27 million for the year. The city’s general fund budget is nearly $670 million.

Mr. Rose said four departments are over budget at this time: building, city clerk, grants administration and fire-rescue.

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