Miami expects $27 million budget surplus
Written by Miami Today 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.