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HomeMy WebLinkAbout09-08-2026 City Commission First Budget Public Hearing AgendaCITY OF AVENTURA Aventura Government Center 19200 West Country Club Drive Aventura, FL 33180 ..... � ice.. CITY COMMISSION FIRST BUDGET PUBLIC HEARING AGENDA September 8, 2026 6:00 p.m. Aventura Government Center Commission Chambers City Commission Mayor Howard S. Weinberg, Esq. Vice Mayor Clifford B. Ain Commissioner Gustavo Blachman Commissioner Amit Bloom Commissioner Rachel S. Friedland, Esq. Commissioner Paul A. Kruss Commissioner Cindy Orlinsky City Manager Bryan Pegues City Clerk Ellisa L. Horvath, MMC City Attorney Robert Meyers Aventura City Commission First Budget Public Hearing Agenda September 8, 2026 1. CALL TO ORDER/ROLL CALL 2. PLEDGE OF ALLEGIANCE 3. PUBLIC HEARINGS: ORDINANCES - FIRST READING - 2026/2027 BUDGET: A. AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, ESTABLISHING AND ADOPTING THE CITY OF AVENTURA AD VALOREM TAX OPERATING MILLAGE LEVY RATE AT 1.7261 MILLS PER THOUSAND DOLLARS OF TAXABLE ASSESSED PROPERTY VALUE, WHICH AS A PERCENT (%) CHANGE OF ROLLED -BACK RATE OF 1.6918 MILLS IS 2.03% ABOVE THE ROLLED -BACK RATE COMPUTED PURSUANT TO STATE LAW, FOR THE 2026 TAX YEAR; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. B. AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, ADOPTING THE ATTACHED TENTATIVE OPERATING AND CAPITAL BUDGET, AS REVIEWED AND APPROVED BY THE CITY COMMISSION AT THE MEETING HELD ON JULY 23, 2026 AS THE CITY OF AVENTURA FINAL BUDGET FOR THE 2026/2027 FISCAL YEAR, PURSUANT TO SECTION 4.05 OF THE CITY CHARTER; AUTHORIZING EXPENDITURE OF FUNDS ESTABLISHED BY THE BUDGET; PROVIDING FOR BUDGETARY CONTROL; PROVIDING FOR PERSONNEL AUTHORIZATION; PROVIDING FOR GIFTS AND GRANTS; PROVIDING FOR AMENDMENTS; PROVIDING FOR PROCEDURES REGARDING ENCUMBRANCES AND THE RE -APPROPRIATION OF UNEXPENDED CAPITAL APPROPRIATIONS; ESTABLISHING THE COMMITTED FUND BALANCE FOR CAPITAL RESERVE; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. 4. ADJOURNMENT This meeting is open to the public. In accordance with the Americans with Disabilities Act of 1990, all persons who are disabled and who need special accommodations to participate in this meeting because of that disability should contact the Office of the City Clerk, (305) 466-8901 or cityclerk@cityofaventura.com, not later than two days prior to such proceedings. One or more members of the City of Aventura Advisory Boards may participate in the meeting. Anyone wishing to appeal any decision made by the Aventura City Commission with respect to any matter considered at such meeting or hearing will need a record of the proceedings and, for such purpose, may need to ensure that a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which the appeal is to be based. Agenda items are available online at cityofaventura.com for viewing and printing, or may be requested through the Office of the City Clerk at (305) 466-8901 or cityclerk@cityofaventura.com. CITY OF AVENTURA OFFICE OF THE CITY MANAGER MEMORANDUM TO: City Commission FROM: Bryan Pegues, City Manager M` . BY: Melissa Cruz, Finance Director, DATE: September 4, 2026 SUBJECT: Ordinance Adopting Ad Valorem Tax Rate for Fiscal Year 2026/27 September 8, 2026 City Commission First Budget Public Hearing Agenda (First Reading) September 15, 2026 City Commission Second Budget Public Hearing Agenda (Second Hearing) Attached for your approval is an Ordinance adopting the ad valorem tax rate for fiscal year 2026/27. RECOMMENDATION It is recommended that the City Commission adopt a millage rate of 1.7261 for fiscal year 2026/27. This rate includes no increase over the prior year and will generate $23,452,500 based on an assessed value of $14,302,092,302. If you have any questions, please feel free to contact me. Attachment CITY OF AVENTURA ORDINANCE NO. 2026-_ AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, ESTABLISHING AND ADOPTING THE CITY OF AVENTURA AD VALOREM TAX OPERATING MILLAGE LEVY RATE AT 1.7261 MILLS PER THOUSAND DOLLARS OF TAXABLE ASSESSED PROPERTY VALUE, WHICH AS A PERCENT (%) CHANGE OF ROLLED -BACK RATE OF 1.6918 MILLS IS 2.03% ABOVE THE ROLLED -BACK RATE COMPUTED PURSUANT TO STATE LAW, FOR THE 2026 TAX YEAR; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Miami -Dade County Property Appraiser has certified a Tax Assessment Roll for the year 2026, which includes the assessment for the City of Aventura; and WHEREAS, the City Commission and the City Manager of the City of Aventura have reviewed the 2026/2027 fiscal year budget for the various operating departments of the City and the means of financing said budget; and WHEREAS, the City Commission has considered an estimate of the necessary expenditures contemplated for the fiscal year ensuing, and has determined that the levy set forth herein below shall provide a portion of the necessary funds for said expenditures. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AS FOLLOWS, THAT: Section 1. The City Commission does hereby establish and adopt the City of Aventura Ad Valorem Tax Operating Millage Levy Rate of 1.7261 mills for the 2026 tax year, or $1.7261 per thousand dollars of taxable assessed property value. Said rate as a percent (%) change of rolled -back rate of 1.6918 mills is 2.03% above the rolled -back rate. Section 2. The Miami -Dade County Tax Collector is hereby directed to proceed with the collection and enforcement of the taxes levied herein as authorized by State and County law. Section 3. All ordinances or parts of ordinances, resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. Section 4. Severability. The provisions of this Ordinance are declared to be severable and if any section, sentence, clause or phrase of this Ordinance shall for any reason be held to be invalid or unconstitutional, such decision shall not affect the validity of the remaining sections, sentences, clauses, and phrases of this Ordinance but they shall City of Aventura Ordinance No. 2026 - remain in effect, it being the legislative intent that this Ordinance shall stand notwithstanding the invalidity of any part. Section 5. Effective Date. This Ordinance shall be effective immediately upon adoption on second reading. The foregoing Ordinance was offered by Commissioner , who moved its adoption on first reading. The motion was seconded by Commissioner , and upon being put to a vote, the vote was as follows: Commissioner Gustavo Blachman Commissioner Amit Bloom Commissioner Rachel S. Friedland Commissioner Paul A. Kruss Commissioner Cindy Orlinsky Vice Mayor Clifford B. Ain Mayor Howard S. Weinberg The foregoing Ordinance was offered by Commissioner , who moved its adoption on second reading. This motion was seconded by Commissioner , and upon being put to a vote, the vote was as follows: Commissioner Gustavo Blachman Commissioner Amit Bloom Commissioner Rachel S. Friedland Commissioner Paul A. Kruss Commissioner Cindy Orlinsky Vice Mayor Clifford B. Ain Mayor Howard S. Weinberg Page 2 of 3 City of Aventura Ordinance No. 2026 - PASSED on first reading this 8th day of September, 2026. PASSED AND ADOPTED on second reading this 15th day of September, 2026. HOWARD S. WEINBERG, ESQ. MAYOR ATTEST: ELLISA L. HORVATH, MMC CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: ROBERT MEYERS CITY ATTORNEY WEISS SEROTA HELFMAN COLE + BIERMAN, P.L. Page 3 of 3 CITY OF AVENTURA OFFICE OF THE CITY MANAGER MEMORANDUM TO: City Commission �.a FROM: Bryan Pegues, City Manager BY: Melissa Cruz, Finance Director M.L DATE: September 4, 2026 SUBJECT: Ordinance Adopting 2026/2027 Operating and Capital Budget September 8, 2026 City Commission First Budget Public Hearing Agenda (First Reading) September 15, 2026 City Commission Second Budget Public Hearing Agenda (Second Reading) Attached for your consideration is an Ordinance, that adopts the tentative Operating and Capital Budget for fiscal year 2026/2027 that was originally reviewed by the City Commission at the July 23, 2026 budget review meeting and modified as presented below: • Police Department: $582,800 was reallocated from Computer Subscriptions to Conferences/Seminars/Training, Principal Payments, and Interest Payments to align the budget with accounting principles under GASB 96 for the Body Worn Cameras and Drones. • Property and Liability Insurance: The General Fund Non -Departmental budget was reduced by approximately $170,070 based on the final renewal costs received from the insurance carrier. • Health Insurance: The budgeted premium increase was revised from 15% to 23% based on updated information from the insurance carrier. This resulted in increases of approximately $244,325 in the General Fund, $5,655 in the Building Fund, and $1,550 in the Stormwater Fund. • CIP Reserve: The General Fund CIP Reserve was updated to reflect the changes in property and health insurance costs. • Interest Earnings: Interest Earnings were increased in the Building and Stormwater Funds to offset the additional health insurance costs. If you have any questions, please feel free to contact me. CITY OF AVENTURA ORDINANCE NO. 2026-_ AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, ADOPTING THE ATTACHED TENTATIVE OPERATING AND CAPITAL BUDGET, AS REVIEWED AND APPROVED BY THE CITY COMMISSION AT THE MEETING HELD ON JULY 23, 2026 AS THE CITY OF AVENTURA FINAL BUDGET FOR THE 2026/2027 FISCAL YEAR, PURSUANT TO SECTION 4.05 OF THE CITY CHARTER; AUTHORIZING EXPENDITURE OF FUNDS ESTABLISHED BY THE BUDGET; PROVIDING FOR BUDGETARY CONTROL; PROVIDING FOR PERSONNEL AUTHORIZATION; PROVIDING FOR GIFTS AND GRANTS; PROVIDING FOR AMENDMENTS; PROVIDING FOR PROCEDURES REGARDING ENCUMBRANCES AND THE RE -APPROPRIATION OF UNEXPENDED CAPITAL APPROPRIATIONS; ESTABLISHING THE COMMITTED FUND BALANCE FOR CAPITAL RESERVE; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AS FOLLOWS: Section 1. Budget Adopted. The tentative 2026/2027 Operating and Capital Improvement Program Budget, reviewed and approved by the City Commission on July 23, 2026, a copy of said budget being attached hereto and made a part hereof as specifically as if set forth at length herein, be and the same is hereby established and adopted as the City of Aventura's final budget for the 2026/2027 fiscal year. The tentative budget adopted hereby may be amended or adjusted by a motion approved by a majority vote of the City Commission at the public hearings in accordance with State Statutes. Section 2. Expenditure of Funds Appropriated in the Budget Authorized. Funds appropriated in the Budget may be expended by and with the approval of the City Manager in accordance with the provisions of the City Charter and applicable law. Funds of the City shall be expended in accordance with the appropriations provided in the Budget adopted by this Ordinance and shall constitute an appropriation of the amounts specified therein. Supplemental appropriations or the reduction of appropriations, if any, shall be made in accordance with Section 4.07 of the City Charter. City of Aventura Ordinance No. 2026 - Section 3. Budgetary Control. The 2026/2027 Operating and Capital Outlay Budget establishes a limitation on expenditures by department total. Said limitation requires that the total sum allocated to each department for operating and capital expenses may not be increased or decreased without specific authorization by a duly -enacted Resolution affecting such amendment or transfer. Therefore, the City Manager may authorize transfers from one individual line item account to another, so long as the line item accounts are within the same department and fund. Section 4. Personnel Authorization. The "Personnel Allocation Summary" included within each department budget enumerates all authorized budgeted positions for appointment by the City Manager. All personnel filling said authorized positions shall be paid pursuant to the City's Budget, Personnel Policies and/or collective bargaining agreements. Section 5. Grants and Gifts. When the City of Aventura receives monies from any source, be it private or governmental, by Grant, Gift, or otherwise, to which there is attached as a condition of acceptance any limitation regarding the use or expenditures of the monies received, the funds so received need not be shown in the Operating Budget nor shall said budget be subject to amendment of expenditures as a result of the receipt of said monies, but said monies shall only be disbursed and applied toward the purposes for which the said funds were received. To ensure the integrity of the Operating Budget, and the integrity of the monies received by the City under Grants or Gifts, all monies received as contemplated above must, upon receipt, be segregated and accounted for based upon generally accepted accounting principles and where appropriate, placed into separate and individual trust and/or escrow accounts from which any money drawn may only be disbursed and applied within the limitations placed upon the Gift or Grant as aforesaid. Page 2 of 5 City of Aventura Ordinance No. 2026 - Section 6. Amendments. Upon the passage and adoption of the 2026/2027 fiscal year Budget for the City of Aventura, if the City Manager determines that an Operating Department Total or a Capital Outlay Line Item will exceed its original appropriation, the City Manager is hereby authorized and directed to prepare such Resolutions as may be necessary and proper to modify any line item from the Budget hereby. Section 7. Encumbrances. 1. All outstanding encumbrances for operating expenditures at September 30, 2026 shall lapse at that time; and, 2. All outstanding encumbrances for Capital Expenditures as of September 30, 2026 shall lapse at that time; and, that all unexpended Capital appropriations, including outstanding encumbrances, may be added, at the City Manager's discretion, to the corresponding 2025/2026 available balances and be simultaneously re -appropriated for capital expenditures, as previously approved in the 2025/2026 fiscal year; and, 3. It is contemplated and acknowledged that the possible addition of available Capital balances in the General Fund and other Funds and their simultaneous re - appropriation, at the City Manager's discretion, under this Section shall not be interpreted or construed as an increase in revenues available for appropriation under Section 4.07 of the City Charter or as a variation of the total budget under Section 6 of the City's Original Budget Ordinance. Section 8. Committed Fund Balance. The Capital Reserve, as established in the 2026/2027 Budget is $3,926,913. This amount is to be added to the Committed Fund Balance to be utilized for the Capital Reserve, (effective September 30, 2026). Section 9. Severability. The provisions of this Ordinance are declared to be severable and if any section, sentence, clause or phrase of this Ordinance shall for any reason be held to be invalid or unconstitutional, such decision shall not affect the validity of the remaining sections, sentences, clauses, and phrases of this Ordinance but they shall remain in effect, it being the legislative intent that this Ordinance shall stand notwithstanding the invalidity of any part. Section 10. Effective Date. This Ordinance shall be effective immediately upon adoption on second reading. Page 3 of 5 City of Aventura Ordinance No. 2026 - The foregoing Ordinance was offered by Commissioner , who moved its adoption on first reading. The motion was seconded by Commissioner , and upon being put to a vote, the vote was as follows: Commissioner Gustavo Blachman Commissioner Amit Bloom Commissioner Rachel S. Friedland Commissioner Paul A. Kruss Commissioner Cindy Orlinsky Vice Mayor Clifford B. Ain Mayor Howard S. Weinberg The foregoing Ordinance was offered by Commissioner , who moved its adoption on second reading. This motion was seconded by Commissioner , and upon being put to a vote, the vote was as follows: Commissioner Gustavo Blachman Commissioner Amit Bloom Commissioner Rachel S. Friedland Commissioner Paul A. Kruss Commissioner Cindy Orlinsky Vice Mayor Clifford B. Ain Mayor Howard S. Weinberg Page 4 of 5 City of Aventura Ordinance No. 2026 - PASSED on first reading this 8th day of September, 2026. PASSED AND ADOPTED on second reading this 15th day of September, 2026. HOWARD S. WEINBERG, ESQ. MAYOR ATTEST: ELLISA L. HORVATH, MMC CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: ROBERT MEYERS CITY ATTORNEY WEISS SEROTA HELFMAN COLE + BIERMAN, P.L. Page 5 of 5 City �DT"__11_�L'_ientura OPERATING AND CD PiTA L�i��FrT y 7wr r7 ` 3b 7!:j_TIT i M - - - ______ ____ - J • _rL _ mo) THE CITYOF EXCELLENCE City of Aventura Operating and Capital Budget Fiscal Year 2026/27 V City Commission Mayor Howard S. Weinberg, Esq. Commissioner Clifford B. Ain Commissioner Gustavo Blachman Commissioner Amit Bloom Commissioner Rachel S. Friedland, Esq. Commissioner Paul A. Kruss Commissioner Cindy Orlinsky City Manager Bryan Pegues City Clerk Ellisa L. Horvath, MMC City Attorneys Weiss Serota Helfman Cole & Bierman, P.L., City Attorney Department Directors Michael Bentolila, Chief of Police Gladys Carcamo, Human Resources Director Melissa Cruz, Finance Director Carlos Fernandez, Information Technology Director Jeff Kiltie, Arts & Cultural Center General Manager Keven R. Klopp, Community Development Director Kimberly S. Merchant, Community Services Director Jake Ozyman, Public Works/Transportation Director Andrea Beck, Aventura City of Excellence School Principal Geoff McKee, Don Soffer Aventura High School Principal City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Table of Contents City Manager's Budget Message Addendum..................................................................................................................................i CityManager's Budget Message.................................................................................................................................................................iii OrganizationChart.....................................................................................................................................................................................xxv Distinguished Budget Presentation Award...............................................................................................................................xxvii Introduction........................................................................................................................................................................................................35 City of Aventura's Mission Statement................................................................................................................................37 CommunityProfile................................................................................................................................................................................37 Budget Procedures and Process...........................................................................................................................................45 Short-term & Long-term Goals, Objectives & Financial Plans.......................................................................69 Short-term & Long-term Goals & Objectives...............................................................................................................71 Short-term Factors & Long-term Financial Plans...................................................................................................74 Summaryof All Funds...............................................................................................................................................................................77 GeneralFund.....................................................................................................................................................................................................................93 RevenueProjections....................................................................................................................................................................................... 99 Expenditures: Mayor& Commission..............................................................................................................................................................107 CityManager....................................................................................................................................................................................113 CityClerk...............................................................................................................................................................................................121 CityAttorney....................................................................................................................................................................................129 Finance................................................................................................................................................................................................135 HumanResources....................................................................................................................................................................143 InformationTechnology.......................................................................................................................................................151 Police......................................................................................................................................................................................................159 CommunityDevelopment...............................................................................................................................................169 CommunityServices...............................................................................................................................................................177 PublicWorks/Transportation ..........................................................................................................................................187 Arts& Cultural Center.............................................................................................................................................................195 Non-Departmental.............................................................................................................................................................................203 PoliceEducation Fund.............................................................................................................................................................................213 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Table of Contents Continued Transportation and Street Maintenance Fund...................................................................................................................219 Citizens' Independent Transportation Trust (CITT) Fund................................................................................225 BuildingFund...................................................................................................................................................................................................231 911 Fund.................................................................................... Debt Service Funds Stormwater Utility Fund............................ .....................................................................................2 3 9 245 ................................................................................................2 6 5 FinancialPolicies.........................................................................................................................................................................................273 Capital Improvement Program Budget Policies..................................................................................................275 Cash Management/Investment Policies.....................................................................................................................279 Financing Programs and Debt Administration.....................................................................................................280 FundBalance Policies....................................................................................................................................................................284 OperatingBudget Policies.........................................................................................................................................................287 Purchasing Policy and Administration...........................................................................................................................287 RevenuePolicies.................................................................................................................................................................................288 Risk Management...................................... Appendices Appendix A - Capital Improvement Program Fiscal Years 2026/27 - 2030/31................289 Appendix B - Comprehensive Schedule of Fees........... .........................................3 5 5 Appendix C - Authorized Investment Summary Table...........................................................................407 Appendix D - Budgeted Account Category Synopsis..................................................................................411 Appendix E - Glossary of Acronyms & Terms.......................................................................................................415 Government Center 19200 West Country Club Drive Aventura, Florida 33180 Office of the City Manager September 4, 2026 The Honorable Mayor and City Commission City of Aventura Aventura, Florida 33180 RE: FY 2026/27 Budget Message Addendum Members of the City Commission: On July 17, 2026, the City Manager's Proposed Operating and Capital Budget for all funds for the fiscal year beginning October 1, 2026 was presented to the City Commission. At the budget review meeting, that was held on July 23, 2026, the City Commission reviewed and discussed the Operating and Capital Budget. The 2026/2027 Operating and Capital Budget is attached. Please note that the following changes were made to the budget since it was presented at the July 23, 2026 workshop: • Police Department: $582,800 was reallocated from Computer Subscriptions to Conferences/Seminars/Training, Principal Payments, and Interest Payments to align the budget with accounting principles under GASB 96 for the Body Worn Cameras and Drones. • Property and Liability Insurance: The General Fund Non -Departmental budget was reduced by approximately $170,070 based on the final renewal costs received from the insurance carrier. • Health Insurance: The budgeted premium increase was revised from 15% to 23% based on updated information from the insurance carrier. This resulted in increases of approximately $244,325 in the General Fund, $5,655 in the Building Fund, and $1,550 in the Stormwater Fund. • CIP Reserve: The General Fund CIP Reserve was updated to reflect the changes in property and health insurance costs. • Interest Earnings: Interest Earnings were increased in the Building and Stormwater Funds to offset the additional health insurance costs. As a result, the changes are reflected in the Commission Proposal 2026/27 column. Respectfully submitted, Bryan Pegues City Manager Government Center 19200 West Country Club Drive Aventura, Florida 33180 Office of the City Manager September 4, 2026 The Honorable Mayor and City Commission City of Aventura Aventura, Florida 33180 RE: FY 2026/27 Budget Message Updated Members of the City Commission: In accordance with Article IV, Section 4.05 of the Charter of the City of Aventura (the "City"), I hereby submit the proposed Operating and Capital Budget for all funds for the fiscal year beginning October 1, 2026, and the Capital Improvement Program ("CIP") for the fiscal period October 1, 2026 through September 30, 2031 for your review and consideration. The budget document emphasizes a professional and conservative fiscal approach and represents the single most important report presented to the City Commission. It is primarily intended to establish an action, operational and financial plan for the delivery of City services which align with the City's priorities, goals and action plans. It also represents the City's commitment to providing the highest level of City services to maximize the quality of life for its citizens, businesses and visitors. The proposed budget provides the resources to maintain our quality municipal services and facilities that make Aventura a premier community to live, work and play. This document serves as an aid to the residents in providing a better understanding of the City's operating and fiscal programs. The primary goal of the CIP is to develop a long-term plan of proposed capital expenditures, the means and methods of financing and a schedule of priorities for implementation. It is important to stress that the CIP is a planning tool to evaluate both the infrastructure needs and financial capabilities of the City. In order to determine the impact of the CIP on the City's future operating budget, the City Commission and residents will be provided with the benefits of a CIP document which serves as a point of reference and includes an estimated long-term budget plan. This document represents an update of the CIP that was originally prepared for the five-year cycle of 2025/26 to 2029/30. The update process is important for the CIP to become a continuing and ongoing planning/implementation process. The last four (4) years of last year's program were re- evaluated in light of unanticipated needs, cost revisions, new project priorities and the City's financial condition. In addition, the CIP was updated to add new projects in the fifth (5t") year (FY 2030/31) to complete the cycle. Projects included within the framework of the program were based on input from Commissioners, staff, City consultants and citizens. Budget Format/Transparency This single budget document, which includes all City Funds and service programs, has been prepared to provide the public with a comprehensive and transparent overview of all City services and financial framework. A separate budget document for the Aventura City of Excellence School and the Don Soffer Aventura High School is adopted by the City in June of each year and can be found on the City's website. The budget is a performance -based plan that links goals and objectives with the financial resources necessary to achieve them. In order to ensure that goals and objectives established in the budget planning process are translated into results, the resources allocation process is tied to performance. The complete budget document contains performance workload indicators to facilitate this process. Every effort was made to provide a budget document that can be fully reviewed and justified to the City Commission and residents. The preparation of the budget document marks a continued commitment to a planned and professional process of developing a budget that will address the City's current and future issues. It also demonstrates the City's commitment to providing adequate service levels and the necessary justification to support all expenditure requests. Implications due to the Coronavirus ("COVID-19") Pandemic In recent years, the global and U.S. economies experienced significant disruption due to the COVID-19 pandemic. While the immediate impacts of the pandemic have largely subsided and City operations have returned to pre -pandemic levels, certain economic challenges persist. Inflationary pressures, elevated labor costs, and increased prices for goods and services continue to place pressure on municipal operations and long-term financial planning. In FY 2020/21, the Federal Government awarded the City of Aventura and eligible state, local, territorial and tribal governments funding to assist in economic recovery from the COVID- 19 pandemic, also known as the American Rescue Plan Act ("ARPA"). Most projects have been completed and the few outstanding projects are to be completed by December iv 2026. The outstanding projects are not included in the FY 2026/27 budget as they are encumbered with Purchase Orders that will roll into the new fiscal year as per City policy should they not be completed at the end of FY 2025/26. Ad Valorem Taxes On July 1, 2026, the Miami -Dade County Property Appraiser certified that the City's taxable property values increased by 0.80% compared to the prior year. This represents the fifth consecutive year of growth in the City's existing property values. While the increase is lower than in previous years, the continued growth reflects the strength of the local real estate market, coupled with ongoing new construction activity. In FY 2026/27, new construction added approximately $7,204,972 to the City's taxable value. However, with inflation and interest rates surging, economists are predicting a recession ahead. Dramatic price increases for materials and labor shortages are driving many of our expenditure line items up, including repairs and maintenance and equipment. An additional area of uncertainty is the potential for property tax reform currently passed in Tallahassee that will move to the November 2026 ballot for a vote. Internally, preliminary discussions have been initiated with department directors to identify and evaluate potential strategies that could help mitigate the effects of possible revenue reductions, should they occur. These efforts are reflected in the current proposed FY 2026/27 budget in which department directors were tasked with the goal of reducing their overall expenditures by fifteen (15) percent. The City's strong fiscal policies and prudent budgeting have assisted in the maintenance of all existing service levels and avoiding raising the tax rate for the 31St year in a row. Due to the uncertainty of future property values, property tax reform on the November 2026 ballot and the overall economy, it is imperative that the City continue to follow the policy that, unless it is included in the budget or it is self-supporting, new programs or projects should not be considered during the year. Going forward, developments currently under construction will increase the City's tax base and should provide revenue to offset future service demands. The City needs to continue to remain prudent and conservative in the financial management of the City by only utilizing General Fund Reserves in the case of an emergency or to fund an unanticipated economic event. Summary of All Budgetary Funds & Highlights The total proposed budget for FY 2026/27, including all funds, capital outlay and debt service (net of interfund eliminations) is $69,053,652. In total, this is $1,764,099 or 2.49% less than the prior year's amended budget. The large decrease is predominately due to the v American Rescue Plan Act ("ARPA") Fund and DSAHS Construction Fund not being included in the FY 2026/27 budget, as well as decreases in the General Fund and Building Fund due to Florida legislation. These reductions are partially offset by the increase in the Stormwater Fund. Operating expenditures total $57,347,669 while Capital Outlay expenditures and CIP Reserve total $4,180,805 and $4,423,023, respectively. Debt Service expenditures total $3,102,155 and Transfers total $2,593,185. Capital Outlay Projects include beautification and park facility improvements, transportation improvements and the commitment to invest in state-of-the-art technology to serve and protect our residents. Maintaining our infrastructure from government buildings to our park facilities continues to be a major funding priority to ensure their sustainability well into the future. The net operating costs for the all -funds budget increased by $214,882 or 0.38% as compared to the previous year's amended budget and the budget maintains our current level for all City services. The rest of this page has intentionally been left blank vi General Fund $ 56,874,432 79.38% Police Education Fund 5,500 0.01% Transportation & Street Maintenance Fund 921,700 1.29% CitizensIndependent Transportation Trust (Crrr) Fund 2,425,000 3.38% Building Fund 5,095,655 7.11% 911 Fund 159,500 0.22% Debt Service Funds 2,437,125 3.40% Stormwater Utility Fund 3,727,925 5.20% Subtotal $ 71,646,837 100.00% Interfund Eliminations $ (2,593,185) All Funds Summary by Percentage StormwaterUtilit Fund 5.20% Debt Service Funds 3.40% 911 Fund 0.22% Building 7.119 Citizens' In Transportation' 3.38% Transportation & Street Maintenance Fund 1.29% VII and .SS . (e]IebII .. . .. Personnel $ 33,919,217 47.34% Operating 23,428,452 32.70% Capital 8,603,828 12.01% Debt Service 3,102,155 4.33% Transfers Out 2,593,185 3.62% . . 'I' '' All Funds Category Summary by Percentage Capital 12.01% Operating 32.70% Transfers Out Debt Service 3.62% 4.33% VIII Personnel .�.,1% The following chart shows a comparison of each department's budget for the past two (2) years. The total operating expenditures/expenses amount is $214,882 or 0.38% more than the previous year. Department directors went through their budgets diligently and decreasing line items that could be decreased, increased costs of health insurance, contracted labor, materials and supplies, contracts for services and subscriptions throughout the City, personnel costs and community services programming contribute to increases. Mayor & Commission $ 452,420 $ 470,937 $ 18,517 4.09% City Manager 1,342,756 1,360,400 17,644 1.31% City Clerk 651,112 568,746 (82,366) -12.65% City Attorney 535,950 570,000 34,050 6.35% Finance 1,443,006 1,490,631 47,625 3.30% Human Resources 448,841 446,571 (2,270) -0.51% Information Technology 1,644,434 1,466,103 (178,331) -10.84% Police 27,712,334 28,853,037 1,140,703 4.12% Community Development 4,888,756 5,060,331 171,575 3.51% Community Services 6,139,932 5,872,443 (267,489) -4.36% Public Works/Transportation 6,598,543 7,104,075 505,532 7.66% Arts & Cultural Center 1,578,335 1,692,855 114,520 7.26% DSAHS 958,790 - (958,790) -100.00% Non- Departmental 2,737,578 2,391,540 (346,038) -12.64% Subtotal $ 57,132,787 $ 57,347,669 $ 214,882 0.38% Ix Personnel Servicef Personnel Services for all funds is budgeted at $33,919,217 and increased by $2,015,419 or 6.32% compared to the prior years amended budget. Additional information is outlined below: Total Number of Employees: 206 • 198 full-time, inclusive of the elected officials. o This is a decrease of two (2) positions from the prior year due to: • Removal of one (1) Deputy City Clerk in the City Clerk's Department. • Removal of one (1) Engineer in the Public Works/Transportation Department. • Additionally, there are 8 part-time employees. • 202 Full-time Equivalent (FTE) FTE FTE 2025/26 2026/27 Mayor&Commission 7.0 7.0 City Manager 3.0 3.0 City Attorney ` - - City Clerk 3.5 2.5 Finance 7.0 7.0 Human Resources 20 20 Information Technology 6.0 6.0 Police"" 134.0 134.0 Community Development--- 3.3 2.7 Community Services 24.0 24.0 Public Works/Transportation""' 8.30 7.80 Building Fund 4.2 4.8 Stormwater Fund 1.70 1.20 Arts& Cultural Center - - ACES " N/A N/A Don Soffer Aventura H.S. " N/A N/A 204.0 2020 Departmental staff is provided through contractual services. " Management is provided by CSUSA and departmental staff is included inACESand DSAHS Fund Budget Documents. The Community Development Department of the General Fund has employees allocated toand fully fundedfrom the BuildingFund. (2)Police Officer's salary & benefits are included inACES& DSAHSbudget,for the City's Operating Budget this position is included in the Police Department position counts and salary& benefits are offset by reduction of amount billing schools. The Public Works/Transportation Departm ent of the General Fund has employees allocated to the Stormwater Fund. x A. General Employees (non -unionized) - General Information: • Reflect a 3.00% COLA increase, effective October 1, 2026. • Reflect a bonus amount that averages 3.00% per employee for those employees who have not yet reached their maximum salary range. • Reflect longevity bonuses for employees who have reached the following years of service: $1,500 for fifteen (15) to nineteen (19) years, $2,000 for twenty (20) to twenty-four (24) years and $2,500 for twenty -five (25) or more years. B. Employees covered under a Collective Bargaining Agreement with Dade County Police Benevolent Association ("Agreement") - General Information: • Covers Police Officers and Sergeants. o On October 1, 2025, the City entered into the Pt year of a new Agreement which expires on September 30, 2028. o Effective October 1, 2024, the actuarial determined percentage for City contributions related to the Police Officers' Retirement Plan is 37.65% which is reflected in the current proposed budget. Additional Information: • The part-time Park Attendant hourly rate has been increased from $16.00 to $16.50 in order to better attract candidates for these positions. • An increase of 23% has been projected for health insurance in the development of this budget as the rates are still pending final negotiation with the carrier. General Fund (001) The General Fund is used to account for resources and expenditures that are available for the City's general operations of City government functions. F -9nue The projected revenues in the FY 2026/27 General Fund Budget total $56,874,432. This is an increase of $679,286 or 1.21% over the prior year gross revenue. The changes in revenues are comprised of the following: xi General Fund Revenues by Source Ad Valorem Taxes 42.20% Transfers In 0.97% 0.50% Investment J Income 2.64% Fines&J Forfeitures 5.18 Charges for Services 9.83% Intergo ernmental 9.01% Utility & Locally Levied Taxes 20.27% Franchise Fees 9.35% Licenses, Permits & Impact Fees 0.04% Ad Valorem Taxes - The City's taxable assessed value, as certified by the County Property Appraiser, totals $14,302,092,302, representing an increase of $113,315,906 (0.80%) over the prior year. The recommended ad valorem millage rate for FY 2026/27 is 1.7261 mills, unchanged from the previous fiscal year and marking the 31st consecutive year without a millage rate increase. At this rate, ad valorem tax revenues are projected at $23,452,500, an increase of $185,815 compared to the FY 2025/26 adopted amount of $23,266,685. Utility & Locally Levied Taxes - Revenue in this category is projected at $11,530,000. This includes $6,400,000 in electric utility taxes, $1,620,000 in water utility taxes, and $35,000 in gas utility taxes. Electric utility tax revenue increased by $90,000 over the FY 2025/26 amended budget based on current -year collections. The remaining revenues consist of $575,000 in insurance premium taxes, $1,700,000 in unified communications taxes, and $1,200,000 in local business taxes. Revenue estimates are based on historical trends, current -year performance, and anticipated economic conditions. Franchise Fees - Franchise fee revenues are projected at $5,318,500, an increase of $198,500 (3.88%) over the FY 2025/26 amended budget. The increase is primarily attributable to higher electric and solid waste franchise fee revenues based on current - year collection trends. xii Licenses. Permits & Impact Fees - Revenue in this category is projected at $25,000, an increase of $20,000 over the prior year's amended budget. The increase is primarily due to higher engineering permit activity. Intergovernmental Revenues - Intergovernmental revenues are projected at $5,123,676, a decrease of $546,695 (9.65%) from the FY 2025/26 amended budget. State Revenue Sharing and Half -Cent Sales Tax revenues have been budgeted conservatively based on year-to- date collections. In addition, approximately $409,000 in grant revenues included in the prior year's amended budget are not anticipated in FY 2026/27, contributing to the overall decrease. Charges for Services - Revenues from charges for services are projected at $5,590,735, an increase of $615,000 (12.36%) over the prior year's amended budget. Significant increases include $130,000 in lien search fees resulting from the implementation of a new fee schedule and $150,000 in Police Detail Billing, with corresponding expenditures budgeted within the Police Department. Additional increases reflect some Community Services programming fee changes and higher Arts & Cultural Center fees and rental revenues. Fines and Forfeitures - Revenue in this category is projected at $2,945,000, an increase of $205,000 (7.49%) over the FY 2025/26 amended budget. This category includes county court fines, code enforcement fines, intersection safety camera revenues, and school zone violation revenues. The overall increase is primarily driven by higher intersection safety camera revenues, partially offset by a projected $200,000 decrease in school zone violation revenues. Investment Income - Investment earnings are projected at $1,500,000, a decrease of $251,870 (14.38%) from the prior year's amended budget. Although interest rates are expected to remain relatively stable, investment revenues have been budgeted conservatively to account for potential market fluctuations. Miscellaneous Revenues - Miscellaneous revenues are projected at $285,000, an increase of $32,780 (13.00%) over the FY 2025/26 amended budget. The budget continues to include revenue generated from the City's fifteen (15) smart kiosks. The primary increase is attributable to higher convenience fee revenues based on current -year collection trends. Transfers In - Transfers into the General Fund are projected at $554,021, a decrease of $69,244 (11.11%) from the prior year's amended budget. This transfer represents reimbursement from the Building Fund for administrative and support services provided by the General Fund. As expenditure reductions were implemented across City operations, the associated transfer from the Building Fund was reduced accordingly. Expenditures The projected expenditures in the FY 2026/27 General Fund Budget total $56,874,432 and are balanced with the projected revenues. The operating expenditures have increased by $126,214 or 0.26% compared to the prior year's amended budget. Significant changes by department are summarized below. Operating Expenditures The Operating category is budgeted at $15,590,722, representing 27.41% of the total General Fund budget. As discussed earlier in this letter, all department directors were directed to identify expenditure reductions as part of the FY 2026/27 budget development process. Most departments successfully achieved these reductions while continuing to fund essential contractual obligations and other critical operational needs. The resulting budget reflects these efforts to maintain a fiscally responsible spending plan while preserving the high level of services provided to the community. The primary factors contributing to the significant increases and decreases within each department are summarized below. Mayor & Commission: • Travel & Per Diem increased approximately $12,000 based on anticipated travel. • Legislative Expenses increased approximately $4,000 based on the three percent (3%) COLA. • Conferences/seminars/training decreased approximately $16,000 based on anticipated attendance next fiscal year. City Manager: • The Newsletter was removed, saving $30,000. City Clerk: • Advertising has decreased $20,000 as the City anticipates being able to use the Miami -Dade County online platform for advertising as accepted by the State of Florida. • $43,000 has been included in the computer subscription line item to support the Granicus software for meeting and agenda management which is currently being implemented by the City. City Attorney: • Legal Fees increased by approximately $34,000 to accommodate anticipated legal services and related costs during FY 2026/27. xiv Finance: • Computer Subscriptions decreased by approximately $13,000 as the FY 2026/27 budget reflects only the Enterprise Resource Planning (ERP) system modules that were ultimately implemented. During the implementation process, the City determined that several modules originally budgeted for were not the best fit for its operational needs and elected not to implement them, resulting in lower annual software subscription costs. Human Resources: • Employee Engagement Programs decreased by $10,000 as part of the City's ongoing effort to reduce discretionary operating expenditures. • Conferences, Seminars & Training decreased by approximately $6,500 through the reduction of discretionary training expenditures. Information Technology: • Repairs & Maintenance - Office Equipment decreased by $75,000, primarily because maintenance costs associated with the City's previous financial system have been eliminated. Ongoing support costs for the new Enterprise Resource Planning (ERP) system are budgeted within the Finance Department under Computer Subscriptions. • Computer Subscriptions decreased by approximately $161,000. The FY 2025/26 amended budget included cybersecurity-related expenditures because grant funding had not yet been confirmed. Since the cybersecurity grant has been awarded for FY 2026/27, those expenditures will be covered by the grant and are not budgeted as part of the FY 2026/27 operating budget. Police: • Leased Equipment decreased by approximately $41,000, primarily due to the FY 2026/27 budget funding one (1) bed at Camillus House instead of two (2), resulting in annual savings of approximately $25,000. • Repairs & Maintenance - Vehicles decreased by $20,000 as newer vehicles have been added to the City's fleet, allowing older, higher -maintenance vehicles to be retired and reducing ongoing repair costs. • Repairs & Maintenance - Equipment decreased by approximately $43,000, primarily due to the implementation of the body -worn camera program, which eliminated certain equipment maintenance costs. In addition, the phased replacement of older radios with new equipment is expected to further reduce maintenance expenses. • Uniforms increased as uniform purchases and the uniform allowance have been consolidated into a single budget line for accounting purposes following the implementation of the City's new financial management system. xv • Computer Subscriptions decreased approximately $367,000 primarily due to the body -worm camera program moving line items for accounting purposes. This is now spread out between different line -items, the majority being accounted for in Principal and Interest Payments. • Conferences, Seminars & Training decreased by approximately $252,000, primarily because expenditures associated with the CREST Grant Program that were included in the FY 2025/26 amended budget are not anticipated in the FY 2026/27 budget. • Principal and Interest Payments increased by approximately $575,000 combined. This is due to the new accounting for the body -worn camera program here as explained above and the drone program being added this year. Community Services: • Landscape Architect services were eliminated, resulting in savings of approximately $28,000. • Landscape/Tree Maintenance Services decreased by approximately $75,000 based on anticipated service needs. • Utilities decreased based on current -year consumption trends, including reductions of approximately $21,000 in electric costs and $30,000 in water costs. • Repairs & Maintenance - Buildings decreased by approximately $43,000 based on anticipated maintenance needs. • Repairs & Maintenance - Parks decreased by $20,000 due to lower anticipated maintenance requirements. • Special Events decreased by approximately $265,000, primarily due to the elimination or modification of several events. Reductions include: o Movie Nights o Bike Event o Pop -Up Event o The removal of the previously budgeted 5K event, which was not held during FY 2025/26. o The Halloween event held in FY 2025/26 as part of the City's 30th Anniversary celebration has been eliminated as a standalone event o Expenditures for several remaining special events were reduced, resulting in additional savings. • Founders' Day decreased by $25,000 as the FY 2025/26 amended budget included additional funding associated with the City's 30th Anniversary celebration. • Summer Recreation increased by approximately $95,000 based on current - year participation levels and historical expenditure trends. xvi Public Works/Transportation: • Landscape Architect services decreased by approximately $40,000. • Landscape/Tree Maintenance Services decreased by approximately $193,000, primarily due to the reallocation of certain costs to other funds in the FY 2026/27 budget. • Water increased by approximately $140,000 based on current -year consumption and historical usage trends. • Leased Equipment decreased by approximately $22,000 due to the expiration of the Florida East Coast (FEC) Railway licensing fee. • Repairs & Maintenance - Equipment decreased by $15,000 based on anticipated maintenance requirements for FY 2026/27. • Computer Subscriptions decreased by approximately $10,000 due to the elimination of software subscriptions that were determined to be nonessential to operations. Arts & Cultural Center: • AACC Staff Services & Marketing increased by approximately $30,000, primarily because the benefit costs for one (1) staff position were not fully reflected in the FY 2025/26 budget and are appropriately budgeted in FY 2026/27. The increase also includes an adjustment for outside marketing support services. • AACC Programming increased by approximately $60,000 based on the performances and events anticipated during FY 2026/27. • Janitorial Services increased by approximately $8,500 based on current -year expenditure trends and projected facility usage. • Contractual Services - Other increased by approximately $13,000 based on current contractual obligations and anticipated service needs for FY 2026/27. • Postage decreased by approximately $7,000, along with a reduction in Printing & Binding costs, based on anticipated operational needs. • Repairs & Maintenance - Buildings and Repairs & Maintenance - Equipment reflects accounting reclassifications between the two-line items for FY 2026/27. In addition, Repairs & Maintenance - Equipment increased due to higher anticipated air conditioning maintenance costs. Non -Departmental: • Other Contractual Services increased by approximately $26,000, primarily due to the reclassification of fire alarm monitoring and service costs, which were budgeted under Repairs & Maintenance - Buildings in the FY 2025/26 amended budget. In addition, the cost of these services has increased over the prior year's budget. • Communication Services decreased by approximately $100,000 based on current - year expenditures and anticipated service needs for FY 2026/27. xvii • Liability & Property Insurance decreased by approximately $206,420. Insurance premiums throughout the budget were developed in consultation with the City's insurance broker, Brown & Brown, using renewal costs which amounted to a savings of approximately $119,500 or an 8.60% reduction from current year premiums. • Repairs & Maintenance - Buildings decreased by approximately $42,000, primarily due to the reclassification of fire alarm monitoring and service costs to Other Contractual Services as well as forecasted reductions. • Credit Card Fees decreased by approximately $30,000 based on current -year expenditure trends. • Contingency increased by $25,000 based on historical expenditure patterns and anticipated operational needs. Transfers: • There is no budgeted contribution to ACES from the City in FY 2026/27. • While the new high school design and planning is well underway, there is also no transfer to the DSAHS Construction Fund included as the cost of this project is not fully known at the time of this document. This will be done in a budget amendment when more information becomes known. Capital Outlay General Fund capital outlay projects totaling $1,649,155 or 2.90% of the total General Fund budget that address the City's capital, maintenance and infrastructure needs have been included in the first year of the City's Capital Improvement Program ("CIP") for 2026/27 - 2030/31. Major General Fund capital outlay items include: • $336,350 computer equipment City-wide • $260,000 for Police vehicles and $104,000 for associated equipment • $189,000 for Police mobile radio replacement • $120,000 for Biscayne Blvd Landscape Improvements • $105,000 for HVAC replacements of the Police IT Server Room and the CRC • $100,000 for Aventura Arts and Cultural Center Improvements • $70,000 combined total for various equipment at the Arts & Cultural Center • $60,000 for Veterans Park repair and resurfacing of the parking lot and walking trail • $50,000 for Police Ballistic Vests replacement • $50,000 for the Records remodel/expansion in the Police Department • $30,000 for benches and trash cans throughout the City • $25,000 for the replacement of an Electric Low Speed Vehicle in the Community Services Department • $24,000 for Bus Shelter Improvements • $15,000 for Government Center Improvements )ebt Service Debt Service costs total $665,030 or 1.17% of the total General Fund budget and accounts for the leases of vehicles in accordance with GASB 87 and subscriptions in accordance with GASB 96. Transfer to Funds This expenditure category totals $2,039,164 or 3.59% of the General Fund budget for transfers to the debt service funds for principal and interest payments associated with our bank qualified loans. Personnel $ 31,113,367 $ 33,003,448 $ 1,890,081 6.07% Operating 17,354,589 15,590,722 (1,763,867) -10.16% Subtotal $ 48,467,956 $ 48,594,170 $ 126,214 0.26% Capital $ 5,086,946 $ 5,576,068 $ 489,122 9.62% Debt Service 77,945 665,030 587,085 753.20% Transfers Out 3,699,831 2,039,164 (1,660,667) -44.88% The rest of this page has intentionally been left blank xlx Summary of General Fund Department Expenditures by Percentage Mayor & Commission City Manager 0.83% 2.39% City Attorney Transfers Out 1.00% 3.59% City Clerk 1.00% Debt Service 1.17% Capital 9.80% Non- Departmental 4.20% Arts & Cultural Center 2.98% Public Works/Transportation 5.32% Community Service: 10.33% Community Development 0.97% Finance 2.62% Human Resources 0.79% Information Technology 2.58% Police 50.43% The rest of this page has intentionally been left blank xx . .. •(.].I.1.I iii . I LC.xvii Mayor& Commission $ 452,420 $ 470,937 $ 18,517 4.09% City Manager 1,342,756 1,360,400 17,644 1.31% City Clerk 651,112 568,746 (82,366) -12.65% City Attorney 535,950 570,000 34,050 6.35% Finance 1,443,006 1,490,631 47,625 3.30% Human Resources 448,841 446,571 (2,270) -0.51% Information Technology 1,644,434 1,466,103 (178,331) -10.84% Police $ 27,627,139 $ 28,688,037 $ 1,060,898 3.84% Community Development 618,732 550,347 (68,385) -11.05% Community Services $ 6,139,932 $ 5,872,443 $ (267,489) -4.36% Public Works/Transportation 3,247,721 3,025,560 (222,161) -6.84% Arts & Cultural Center 1,578,335 1,692,855 114,520 7.26% •� Non -Departmental $ 2,737,578 $ 2,391,540 $ (346,038) -12.64% Capital 5,086,946 5,576,068 489,122 9.62% Debt Service 77,945 665,030 587,085 753.20% Transfers Out 3,699,831 2,039,164 (1,660,667) -44.88% . • .. .� :. . The rest of this page has intentionally been left blank xxl Police Education Fund (110) A total of $5,500 is estimated to be used to fund the estimated expenditures FY 2026/27. The amount budgeted for expenditures will be used for various state -approved training programs throughout the year. Transportation and Street Maintenance Fund (120) A total of $921,700 is estimated to be used to fund the estimated expenditures in FY 2026/27. Operating expenditures for engineering and landscape/tree maintenance are included in this fund and funds budgeted in the capital reserve are anticipated to be used in future years. Citizens' Independent Transportation Trust (CITT) Fund (121) A total of $2,425,000 is estimated to be used to fund the estimated expenditures in FY 2026/27. The County Transit System Surtax is estimated to generate $2,400,000 and interest is estimated to generate $25,000. Expenditures for the citywide bicycle sharing program, a portion of the City's fixed route shuttle service and the full cost of on -demand transportation service are included in FY 2026/27 budget. A new addition this year is funding for autonomous vehicles for the City matching portion of a grant. Funds budgeted in the capital reserve are anticipated to be used in future years. Building Fund (164) A total of $5,095,655 is estimated to be used to fund the estimated expenditures in FY 2026/27. 911 Fund (180) A total of $159,500 is estimated to be used to fund the estimated expenditures in FY 2026/27. Costs associated with the 911 system are paid from this fund. Debt Service Funds A total of $2,437,125 is estimated to be used to fund the estimated expenditures in FY 2026/27 for all Debt Service Funds. Debt Service Fund Series 2010 d 2011(230) - The proposed budget for FY 2026/27 is $1,184,414. There are a total of three (3) more fiscal years of payments for this bond. Debt Service runa series 2012 (A) (250) - The proposed budget for FY 2026/27 is $356,514. This is final payment on this bond. Debt Service Fund Senes 2012 (B) (290) The proposed budget for FY 2026/27 is $397,961. This is the final payment on this bond. Debt Service Fund Series2018(291)- The proposed budget for FY 2026/27 is $498,236. There are a total of twelve (12) more fiscal years of payments for this bond. Stormwater Utility Fund (410) A total of $3,727,925 is estimated to be used to fund the estimated expenses in FY 2026/27. Total operating costs, including allocated personnel costs, are projected to be $1,227,925 and drainage system improvements total $2,500,000. The City's Stormwater Utility Fee is budgeted to remain consistent with the current calendar year at $6.175/ERU. The City will continue to monitor the fee to see if any adjustments may be necessary in order to sustain the fund's projected future operating and capital expenditures. Capital Improvement Plan Prior Year Accomplishments and Projects in Process One of the City's main priorities is to maintain its infrastructure to a high standard. As a result, the City completed the following major capital improvements during FY 2024/25: • Country Club Drive roadway curbing/drainage improvements • Fencing installation at Waterways Park • Playground resurfacing at Peace and Founders Park • Installation of basketball courts at Founders Park • Police department hardening and reconstruction In addition, the following major capital improvements were in process at the end of FY 2024/25: • Installation of volleyball courts at Veterans Park • Implementation of the City's new ERP system • 191St Street drainage improvements • HVAC replacement at Government Center • Fire suppression for server room at Government Center DSAHS Construction Fund (395) The Don Soffer Aventura High School (DSAHS) Construction Fund was established in FY 2024/25 following the City's acquisition of property adjacent to the existing high school campus to facilitate the construction of a new high school. The fund was created to account for costs associated with the planning, design, and construction of this significant capital project. Planning for the new high school is well underway. To date, the City has selected the project's architect, construction manager, and owner's representative, and is in the process of acquiring an additional parcel of land, with closing anticipated during 2026. The new high school is expected to open in Fall 2028, at which time the current high school facility will be repurposed as the ACES Middle School. This transition will expand educational capacity across all three City schools to better serve the community's future needs. This fund is not included in the FY 2026/27 budget as the costs are unknown for the coming year at this time. Any costs, once known, will be included in a mid -year and/or year-end budget amendment for FY 2026/27. Summary The accomplishments achieved since the City's incorporation are a direct reflection of the vision, leadership, and continued support of the City Commission, our residents, and the dedicated employees who serve our community. From beautification initiatives and expanded parks and open spaces to the Government Center, Community Recreation Center, K-8 Charter School, Don Soffer Aventura High School, Arts & Cultural Center, transportation improvements, and numerous other community enhancements, the City has remained steadfast in its commitment to excellence, innovation, and responsible growth. This budget reflects that same commitment. It provides a comprehensive financial plan that balances the community's current priorities with its long-term needs while maintaining the City's strong financial position. It is intended to provide residents with a clear understanding of the City's fiscal priorities, capital investments, and the strategies that will enable us to continue delivering the high -quality services and exceptional quality of life our community expects. I am pleased to present the proposed FY 2026/27 Budget, which has been updated from the July 23, 2026, City Commission meeting. The development of this budget was made possible through the dedication and collaboration of our Department Directors, Finance Director, Budget Manager, and staff throughout the organization. I also extend my sincere appreciation to the City Commission for its continued leadership and unwavering support in ensuring that Aventura remains the City of Excellence. Respectfully submitted, t37 -_ Bryan Pegues City Manager xxiv rc Residents City Commission Finance Department Finance/Accounting Purchasing Community Development Department City Attorney Legal Services City Manager Administration Budget/CIP Preparation Customer Service Organizational Oversight Communications Human Resources Department Community Services Department Personnel Risk Management City Clerk Minutes Records Retention Clerical Support Elections Information Technology Department Information Management Public Works/ Arts & Cultural Transportation Center Department Police Department Police Patrol Community Relations Criminal Investigations Traffic Enforcement Emergency Preparedness Charter Schools Planning Parks ROW/Median Maintenance Zoning Special Events Mass Transit Facility Management K-8 School* Building Inspections Recreation Programming Community Facilities Maintenance Performing Arts Programming Don Soffer Aventura Code Enforcement Athletic Leagues Capital Projects High School* Economic Development Community Recreation Center Stormwater Drainage Maintenance Occupational Licenses Community Garden Floodplain Management *Nana ement provided UyCSUSA City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank XXVI GOVERNMENT FINANCE OFFICERS ASSOCIATION Distiu fished Budget Presentation Award PRESETED ID City of Aventura Florida For the Fiscal Year Beginning October 01, 202,5 a€ p. ew4 Executive Director Distinguished Budget Presentation Award Government Finance Officers Association of the United States and Canada (GFOA) presented a Distinguished Budget Presentation Award to City of Aventura, Florida, for its Annual Budget for the fiscal year beginning October 1, 2025. In order to receive this award, a governmental unit must publish a budget document that meets program criteria as a policy document, as a financial plan, as an operations guide, and as a communications device. This award is valid for a period of one year only. We believe our current budget continues to conform to program requirements, and we are submitting it to GFOA to determine its eligibility for another award. xxvi i City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank xxviii i City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Introduction K City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank City of Aventura's Mission Statement Our mission is to join with our community to make Aventura a city of the highest quality and a city of excellence. We do this by providing RESPONSIVE, COST EFFECTIVE AND INNOVATIVE local government services. Community Profile Location and Size The City of Aventura, (the "City") one of Miami- Dade's newest communities, was incorporated on November 7, 1995 and is a young, vibrant, full -service municipality. The City has a diverse demographic base and is recognized internationally as a premier location in which to live, shop and play. The City has a land area of 3.2 square miles and is home to 40,171' residents per the State estimate which is in line with the year over year trend since fiscal year 2021. It is located on the Intracoastal Waterway in northeast Miami -Dade County (1 mile west of the Atlantic Ocean) and is conveniently located between Miami (12 miles north) and Fort Lauderdale (12 miles south), just east of 1-95. West Palm Bea ch u� rdal Aventura ami Aventura,. FL k L9 The northern boundary of the City is the Miami-Dade/Broward County line, the western is the Florida East Coast ("FEC") Railroad, the eastern is the Intracoastal Waterway and the southern boundary is NE 176th Street. Aventura is an upscale condo community with some of South Florida's best-known large-scale condominium projects and apartment buildings. Restaurants, movie theaters and the Aventura Mall are conveniently located nearby and downtown Fort Lauderdale and Miami are just 20 minutes away. 1 University of Florida, Bureau of Economic and Business Research. Population is an estimate as of April 1, 2025 Map courtesy of https://www.bestplaces.net/images/city/l202681_fl_aventura.png 37 THE CITY OF AVENTURA FACTS & STATS Current Police Force 84 Sworn Officers 38 Civilians 000 Ethnic Distribution2 Hispanic: 45.6% White : 45.2% Other: 6.9% African American: 2.3% Number of Business Tax Receipts Issued 2,442 Current Full-time Zip Codes & Part-time 33180, 33160 Employees Im 178 FT&8PT Unemployment Rate4 3.1% Average Family Size3 3.01 Major Economic Drivers Retail and Medical Age Distribution2 Under 5: 5.0% Under18:20.7% 19-64:48.5% 65+25.8% In' Persons per Household2 2.26 2U.S. Census Bureau, QuickFacts Aventura City, Florida 38 U.S. Census Bureau, Profile: Aventura, Florida 4City of Aventura FY 2024/25 Annual Comprehensive Financial Report 1) AVENTURA MALL VENTURES 2) MIAMI BEACH HEALTHCARE GROUP LTD 3) TURN BERRY ISLE RESORT, LP 4) AVENTURA OPPORTUNITY OWNER LLC 5) SERITAGE SRC FINANCE LLC Source: Miami -Dade County - Office of the Property Appraiser ARTHUR I. SNYDER MEMORIAL PARK FOUNDERS PARK FOUNDERS PARK SOUTH - FOUNDERS PARK SPLASH PAD PEACE PARK VETERANS PARK WATERWAYS PARK WATERWAYS DOG PARK $774,371,992 211,507,433 169,048,537 94,974,740 91,972,491 •Zs*Il VAS TOTAL HOUSING UNITS3: OWNER OCCUPIED HOUSING UNITS2: 63.6% RENTER OCCUPIED HOUSING UNITS2: 36.4% CITY CHARTER SCHOOLS: 2 AVENTURA CITY OF EXCELLENCE SCHOOL DON SOFFER AVENTURA HIGH SCHOOL PUBLIC SCHOOLS. NONE PUBLIC LIBRARIES5: 1 PUBLIC RECREATION CENTERS: 1 PUBLIC TENNIS COURTS: 5 FIRE STATIONS5: 2 OUTDOOR BASKETBALL COURTS: 1 POLICE STATIONS: 1 BASKETBALL COURTS: 2 PUBLIC PICKLEBALL COURTS: 5 EN SPACE & PUBLIC PARK LA, 32 ACRES �` 39 2 U.S Census Bureau, QuickFactsAventura City, Florida 3 U.S. Census Bureau, Profile: Aventura, Florida -�" 5 Operated by Miami -Dade County Existing Facilities Open Space and Public Park Land Arthur I. Snyder Memorial Park This 3.5 -acre site was purchased in 1998 and was one (1) of the City's last remaining waterfront undeveloped parcels. This park contains the Community Recreation Center as well as open passive and sitting areas. Aventura Founders ParK This 11 -acre site located on W. Country Club Drive and NE 190th Street was opened in November 1998 and includes both active and passive recreational opportunities. The park encompasses the following components: splash pad, jogging path, five (5) tennis courts, gated entries, one (1) ball field with dugouts and backstops, five (5) pickleball courts, one (1) basketball court, three (3) soccer fields, restroom buildings, decorative fencing, playground, picnic area, passive play areas, baywalk, landscaping, two (2) parking lots, multi -purpose plaza areas, signage, benches and security lighting. r)nn Cnffor Fxarrica/Wr Ik,;nn Pnth This site contains 5.5 acres that are classified as open space recreation area and is used by residents for both recreational and exercise purposes. n---- n --IL This 1.5 -acre site was dedicated to the City in 2013 and was opened in 2016. Facilities and amenities include a children's playground, adult exercise equipment, an open playfield area, playground facilities, walkways and landscaping with shade trees. Veterans Parl This 2 -acre site was acquired by the City from a private developer in 2001 and is located on NE 31St Avenue. Facilities and amenities include a parking lot, 1.5 -acre open playfield area, playground facilities, one (1) volleyball court, restroom facilities and landscaping with shade trees. This park was modified in 2008 by removing the dog play area, expanding the children's play area and adding a restroom facility. -iterw This 1.5 -acre site was acquired by the City in 1998 from the private developer who constructed it and was converted to a dog park in 2008. VVw......�,... ark The 7 -acre site was purchased in 2006 and was opened in 2008. Facilities and amenities include a multipurpose sports field, playground, basketball court, fitness trail, parking and restroom facilities. 40 Park Facilities/open Space Recreation The City's estimated current population is 40,171'. The City's Comprehensive Plan recommended standard is 2.75 acres of park and recreation land for every 1,000 potential residents. The amount of park and recreation land required by the park standards for this population is 110 acres. In calculating the number of recreational acres, the City has available for use by its residents, public and private marinas and golf courses are accounted for at a different degree depending on their accessibility to the City's residents. Assuming that public facilities can be accounted for at 100%, private recreational facilities at 50% and marinas and the golf course at 25%, the City's existing and proposed recreation areas total 117 acres. Therefore, no deficiency exists under the City's standards. The following table contains an inventory of existing and proposed recreational and open space areas. The City owns 32 park/open space acres. r -. -. Community Park Arthur I. Snyder Memorial Park 3.50 3.50 Neighborhood Park Aventura Founders Park 11.00 11.00 Community Park Don Soffer Exercise/Walking path 5.50 5.50 Neighborhood Park Peace Park 1.50 1.50 Neighborhood Park Veterans Park 2.00 2.00 Neighborhood Park Waterways Dog Park 1.50 1.50 Neighborhood Park Waterways Park 7.00 7.00 Subtotal 32.00 32.00 Private Recreation Areas Private Recreation Sites (50%) 63.61 31.81 Private Recreation Areas Marina Complexes (25%) 9.40 2.35 Private Recreation Areas Golf Courses (25%) 203.17 50.79 Subtotal 276.18 84.95 Ell Public Roads The below schedule represents the current public roads under the jurisdiction of the City. NE 27th Aventura - (NE 199th St.) NE 27th East Country Club NE 28th NE 183'd NE 208th Turnberry NE 28th NE 28th North CountryClub NE 29th NE 185th NE 214th Yacht Club NE 29th West CountryClub NE 187th NE 30th Yacht Club NE 188th NE 31st NE 190th NE 34th NE 191st NE 192nd NE 193d NE 199th (Aventura Blvd.) NE 203d NE 205th NE 206th NE 207th NE 208th NE 209th NE 2➢m NE 213th NE 214th Government Structure The form of government used in the City of Aventura, pursuant to its Charter, is a Commission - Manager form of government. Under this form of government, the City Commission is the legislative branch of the government and the City Manager is the executive branch of the government. The City Commission enacts Ordinances, the laws of the City, adopts Resolutions authorizing actions on behalf of the City, reviews plans for development and establishes the policies by which the City is governed. The City Manager is the Chief Executive Officer of the City, overseeing the day-to-day operations, administering the City's service providers, preparing long range plans and implementing the policies established by the City Commission. The City Commission hires the City Attorney, City Clerk and the City Manager who then hires all subordinate employees. The City Commission is comprised of seven (7) members, including the Mayor and six (6) Commissioners. Ey The Mayor is the ceremonial leader of the City, the presiding officer at Commission Meetings and is a voting member of the Commission, with his/her vote having no more or less weight than that of any other member of the Commission. While the leading political figure of the City, the Mayor does not bear the responsibility nor has the authority of directing the day-to-day municipal activities. The Mayor executes all Ordinances, Resolutions and issues Proclamations on behalf of the City, and represents the City to other public and private entities. The position of Mayor is considered to be "part-time" and not an employee of the City. The Mayor is elected at large to a four-year term and may reside in any area of the City. City Commissioners each have the same authority and ability to bring, discuss and vote on matters before the Commission. The position of Commissioner is considered to be "part-time" and not an employee of the City. For election purposes, the City is divided by the William Lehman Causeway into two (2) areas. The City Charter requires that two (2) Commissioners reside in the northern area, two (2) Commissioners reside in the southern area and two (2) Commissioners and the Mayor shall be elected without regard to residence in any particular area. The City Commission is committed to providing quality municipal services at the lowest possible cost. The City's operating departments include the City Commission, City Manager, City Clerk, Attorney, Finance, Human Resources, Information Technology, Police, Community Development, Community Services, Public Works/Transportation, Arts & Cultural Center, Non -Departmental, Charter School and the Don Soffer Aventura High School. Always progressing... Since the City's incorporation, millions of dollars have been spent on infrastructure improvements including streets, sidewalks, lighting, park development, beautification projects, drainage, pedestrian and safety improvements. Some of these improvements include: • A state-of-the-art Government Center provides a one -stop -shop for its residents and houses all governmental operations, including Commission Chambers, Police Station and administrative offices. • A Community Recreation Center situated on 2.8 acres of land in a park like setting on the waterfront. This 25,000 square foot facility includes a gym, meeting rooms, computer lab, exercise and aerobic facilities. • The first municipal -run charter school in Miami -Dade County. In order to address the growing number of families with school age children, the City Commission chose to take an aggressive approach to meet its changing demographics. Doors opened to the Aventura City of Excellence School in the fall of 2003 which is adjacent to the Community 43 Recreation Center. The 84,000 square foot state-of-the-art school serves 1,140 Aventura schoolchildren from kindergarten to 8th grade. • In 2010, the City's Arts & Cultural Center opened and has provided numerous performing arts and cultural events for all age groups in the community. • The City completed construction of the Don Soffer Aventura High School which opened in August 2019 and serves 837 9th through 12th grade students. • The City is in the stages of building a new High School with a target opening date in Fall 2028. The current High School will become the Middle School. This new School will add approximately 1,000 students over the K-12 campuses. Privatized/Contracted City Services The City has adopted a model of privatizing many service areas of its operations over the years. This model has served us well by providing for a more cost-effective service delivery system, as compared to the traditional government structure. We are firm in our knowledge that we must continue to remain prudent and conservative in our financial management of the City while at the same time maintain the high standard of providing services to the community. The following are services that are privatized/contracted in the City of Aventura: • City Attorney and Legal Services • Building Plans Review and Inspections • Planning Services • Engineering Services • Traffic Engineering Services • Recreation Programming, Sports and Special Events • Road, ROW, Building, Park and Median Maintenance • Solid Waste • Shuttle Bus Service • On -Demand Transportation Services • Bicycle Sharing Program • Management of the Aventura Arts & Cultural Center • Management of the Aventura City of Excellence School and Don Soffer Aventura High School Incorporation Accomplishments • Highly Visible Police Department, Low Crime Rate • Strong and Growing Economic Base • No Tax Rate Increase for the Past 31 Budgets • New Parks and Recreational Opportunities for All Age Groups • Citywide Shuttle Bus Service - Ridership Continues to Expand • Road and Safety Improvements - Traffic Lights, Sidewalks • New Land Development Regulations - Control Over Zoning 44 • Citywide Beautification Program - Bus Shelters and Benches • High Landscape and Roadway Maintenance Standards • Reduced Costs to Citizens - City's Assumption of roads, landscaping and bus service • "A" rated Charter Schools • Community Recreation Center • Government Center • Arts & Cultural Center • The offering of On -Demand Transportation Services Budget Procedures and Process A Budget Defined A budget is a plan. It is the estimated expenditures/expenses for the given year and shows how the expenditures/expenses will be financed. By Florida Statute, the adopted budget must be balanced, i.e. revenues must equal expenditures/expenses. A budget serves users in four (4) main ways, as a communication device, financial plan, operations guide and a policy document. Communications vevice The budget is a communications device internally within the City of Aventura between the different Departments, the Finance Department and the City Manager. Externally, the budget communicates with the different stakeholders of the City, i.e. the citizens, vendors, creditors, etc. Transparency is provided by the budget as the budget shows actual and anticipated amounts that have been received and spent through the years. Throughout the budget, beginning with the City Manager's Budget Message, highlights of the City, the Budget, the fiscal year to come and specific points are highlighted. Charts, graphs and pictures are used throughout to engage the readers. Finant ' nl.... The budget, guided by accounting principles shows the anticipated revenues and expenditures/expenses for the upcoming year. Additionally, with the other amounts shown on the document, the actuals for the prior two (2) fiscal years and the amended budget for the current fiscal year, trends can be seen as well as shortcomings, which allows for changes where needed in the next fiscal year's budget. It is imperative to monitor the budget throughout the fiscal year as well so items that are not on track with the plan can be analyzed. Operations Guidk The budget is an operations guide as it plans for the positions that the City will fund each year as shown in the organizational charts of each department, position counts and line - item justifications. Each fund and department within the City are explained, thus outlining the functions, responsibilities, goals, objectives and performance measures. Eli Policy Documen' The budget is legally adopted each year by the City Commission at the 2nd budget hearing in September. It is expected to be followed as a guide to ensure responsible spending and financial decision making. As well, as a policy, the budget allows for the City's operations to run smoothly as the basic plan (guide) for the year, foregoing any unforeseen items and circumstances, is complete. Direction and expectations are accounted for in the budget for both the short-term, the coming fiscal year, as well as the long-term. In the following section, the budget procedures and process for the City of Aventura are outlined. Under the Financial Policies section toward the end of the document, all of the City's financial policies are outlined. Budget System The City of Aventura uses the Budgeting by Objectives Process in the formulation of its budget. Departmental Budgets include a Recap page that contains the Department Description and Personnel Allocation Summary and Organization Chart. Each department also includes an Objectives page and a Budgetary Account Summary. The Objectives page presents a review of the department objectives and performance/workload indicators. The Budgetary Account Summary provides expenditure detail and a comparison of current and previous year's expenditures. The Budgetary Process is intended to be very valuable in communicating with the City Commission and the City's residents. City Operating Budget The City's fiscal year begins on October 1St and ends on September 30th of each year as mandated by Florida statutes. When the certified taxable real estate and tangible property values for the City are received from the Miami -Dade County Property Appraiser on July 1St of each year, the City Manager then submits to the City Commission the Proposed Operating and Capital Budget for the coming year no later than mid -July of each fiscal year. The preliminary millage rate is based on the certified taxable value. The appropriations contained in the proposed recommendation shall not exceed the funds derived from taxation and other revenue sources. The City's Budget process begins in April with a staff meeting between the City Manager and Department Directors to review budget philosophy and develop overall goals and objectives. Anticipating the rest of the current fiscal year and looking at the upcoming fiscal year, Directors review the needs of their respective departments based on the community at large. Complaints, recommendations and ideas the citizens and public had are taken into consideration in their budget preparation and in the discussions with the City Manager. The statistics and demographics of Aventura are used, for example as well, to assist with the programming and staffing levels in the Community Services Department. The Finance Department prepares the budgets for the Departments to enter the upcoming fiscal year amounts into. In the month of April, Department Directors update their respective budgets for the upcoming fiscal year as well as for submission to the Finance Department for review. During this period, the performance measures from the past year are analyzed to see if they are still relevant to their department and/or if they need to be updated with new ones. Information pertaining to the performance measures and department objectives are updated accordingly. They submit the revenues pertinent to their department and the expenditures/expenses. During this time period, the revenue estimates are prepared by the Finance Department. The preparation of the revenue estimates is done based on trend analysis and looking at the past year(s) and the current year to anticipate the coming year. Agencies are reached out to for estimates if available at the time, i.e. FPL, Miami -Dade County and the State of Florida. In May/June, the budgets for the City are given to the City Manager and meetings are conducted between the City Manager, the Finance Department and the Departments. During that process, Departments can explain their requested budgeted numbers and additions and/or deletions to those requests are made by the Finance Department. The budgets are balanced, as budgets must be in Florida based on Florida Statute 200.065, by the Finance Department and printed and distributed throughout the City for the City staff and Commission for the budget workshop in July. During the Commission workshop in July, the Commissioners hear from the City Manager and ask pertinent questions, make comments and suggestions and relay information they have heard from their constituents that may require the budget presented to be modified. Any changes the Commission makes at the workshop or other changes from the City are entered into the budget thereafter and balanced. An updated budget is prepared ahead of the September hearings. After the first hearing in September, the budget ad along with the notice of tax increase ad is prepared by the Finance Department for publication in the newspaper before the second hearing in accordance with State of Florida TRIM guidelines. Once the second hearing takes place and the millage and budget are adopted, the budget award is submitted to the Government Finance Officers Association (GFOA) for review. The entire budget process encompasses approximately five (5) months of the fiscal year. During this period, meetings were held with Department Directors, the City Commission and the public to ensure representative input. The budget calendar that follows details the actions taken during the budget process. The budget is approved via Ordinance at two (2) public meetings scheduled for September conducted by the City Commission. The adopted budget is integrated into the accounting software system effective October 1St 47 Capital Budget Preparation The most important year of the schedule of projects is the first year. It is called the Capital Budget and is adopted separately from the five-year program as part of the annual budget review process. Based on the CIP, each department's capital outlay portion will be formulated for that particular year. Each year the CIP will be revised and another year will be added to complete the cycle. The CIP preparation thus becomes a continuing part of the City's budget and management process. The Capital Budget is distinct from the Operating Budget. The Capital Budget authorizes capital expenditures, while the Operating Budget authorizes the expenditure of funds for employee salaries, supplies and materials. ^-•ielnnment The City's capital programming process began in January when operating departments were required to prepare requests for all proposed capital projects anticipated during the period of 2026/27 - 2030/31. A CIP Preparation Manual and related forms were distributed to all departments for this purpose. In February, departmental prioritized project requests are submitted to the City Manager's Office for a comprehensive review. Department Directors are asked to justify projects in terms of benefits derived, necessity to health, safety and welfare of the City, enhancement to City plans and policies, the needs of the residents and funding. Projects are prioritized on the basis of Urgency, Necessity, Desirability and Deferability. The City Manager reviews departmental requests and the City Manager, the Finance Director and the Budget Manager conduct individual meetings with the Department Directors. The departmental requests are prioritized by the City Manager and the five-year schedule of projects was compiled into document form by the Finance Director and Budget Manager. The methods of financing and revenue sources were then prepared by the Finance Director, Budget Manager and City Manager and are incorporated into the CIP document. During this process and in agreement with the operating budget estimates, a long-range financial projection is prepared for analysis with revenues, operating and capital expenditures/expenses for the fiscal year being budgeted and the following four (4) years. The savings or use of fund balance/net position is forecasted and any adjustments to the proposed plans can be discussed. At this point, the proposed CIP is submitted in conjunction with the City's Operating Budget to the City Commission and the public for their review at a workshop and a public hearing. 48 Adoption In order to facilitate public involvement, the Capital budget will be part of the City Operating Budget workshop. The Capital budget is approved via Ordinance in conjunction with the City's Operating Budget at two (2) public meetings scheduled for September conducted by the City Commission. The adopted budget is integrated into the accounting software system effective October 1St• The rest of this page has intentionally been left blank E �. �. January 5 Budget Manager CIP Preparation Manual and Request Forms are distributed to all Department Directors via email. February 6 All Department Directors Completed CIP request packages are submitted to the City Manager, Budget Manager and Finance Director. February 17 - March 13 City Manager Review of departmental requests and conduct individual departmental CIP meetings. Departmental requests are prioritized - based on organizational goals & long-range financial planning . March 27 City Manager Distribute prior year Objectives and All Department Directors Performance Workload Indicators to be updated in accordance with City's philosophy and goal setting for the upcoming fiscal year. ERP spreadsheets are opened for Department Directors with updated budget preparation directives communicated. March 30 to April 24 All Department Directors Completed operating budget City Manager estimates are submitted to the City Budget Manager Manager. Revenue estimates are Finance Director prepared. April 13 - May 22 City Manager Five-year schedule of CIP projects Budget Manager are prepared and financing method Finance Director is determined. Five-year revenue and expenditure forecasts are prepared to enable long-range financial planning. April 27 to May 22 Finance Department Completion of non -General Fund City Manager budgets to include totals of all revenues and expenditures submitted to City Manager. May 26 to July 6 City Manager Conducts departmental budget Budget Manager review meetings, balances budget Finance Director and prints budget document. July 17 City Manager City Manager's recommended budget document and message are submitted to City Commission. July 23 City Commission Budget Review Meeting, adopt City Manager tentative ad valorem rate to transmit to County for notification purposes. 50 �. �. September 8* City Commission First reading on budget and ad valorem tax rate ordinances and Public Hearing September 15* City Commission Second reading on budget and ad valorem tax rate ordinance and Public Hearing. September 16 Finance Director Documents transmitted to Property Appraiser and State. October 1 All Departments New budget becomes effective. * Dates are subject to change based on School Board and Miami -Dade County Commission meeting dates. The rest of this page has intentionally been left blank Budget Document Reader Guidr The City of Aventura's Budget Document is structured into different sections with additional information provided other than budgeted numbers. 1) The Introduction section provides historical and demographical information about the City as well as the budget procedures and policies. 2) The Short-term and Long-term Goals, Objectives & Financial Plans for the City are then outlined and discussed. 3) The Budget in Brief section highlights the budget in a summation with totals and key factors. 4) The Comparative Personnel Summary displays the additions and subtractions to each department's budgeted positions within the City over the years. 5) The Summary of All Funds displays information for all the revenues and expenditures/expenses of the City over a time period. Additionally, this section breaks out the fund balance estimation for each fund for the past year which was audited, the current fiscal year and the following fiscal year, the year being budgeted. 6) The General Fund Section shows the revenues and then details each department of the City. If the fund/department contains budgeted positions, an organization chart for that department is displayed under the fund/department. Each fund's/department's page states the description of the fund/department and shows the trends over the years presented in chart form as well as summation. Each department page also shows the personnel allocation over the years and contains objectives and workloads. 7) Following the General Fund are the other Funds of the City, which details the same information as described in #6. 8) Financial Policies of the City are then detailed. 9) Following the Financial Policies are the Appendices. The Appendices detail the Capital Improvement Program, the Comprehensive Schedule of Fees, Authorized Investment Summary Table, Budgeted Account Category Synopsis and the Glossary of Acronyms and Terms. To read and understand the pages with the budgeted numbers, follow the below guide. Financial information is shown for the two (2) prior fiscal years that have ended and been audited, the current fiscal year's amended budget, the current year's year-to-date (YTD) actuals and the City Manager's Proposed budget for the next fiscal year. The adopted budget includes the Commission's Proposed budget for the following fiscal year which replaces the City Manager's Proposed budget column. 67► Revenues Fund - There are a total of 17 funds that are budgeted through formal adoption or budget amendments. 11 Funds are being budgeted this fiscal year within the City of Aventura. Ad Valorem Taxes Franchise Fees Intergovernmental Fines & Forfeitures Miscellaneous Debt Proceeds M Category Utility & Locally Levied Taxes Licenses, Permits & Impact Fees Charges for Services Investment Income Transfers In Carryover Revenue Line Items (A few examples) Ad Valorem Taxes -Current Utility Service Taxes -Electric Building Permits State Shared Revenue -Half Cent Tax General Government -Lien Searches Service Charge -CRC Fees Interest Earnings -Investments Category - Within each Fund there are up to twelve (12) categories of revenues used to classify the type of revenue being recorded. Revenue Line Items - Within each category, there are many line items used to account for the different revenues received in the City of Aventura. 53 Expenditures/Expenses I Department Mayor & Commission Police City Manager Community Development City Clerk Community Services City Attorney Public Works/Transportation Finance Arts & Cultural Center Human Resources Non -Departmental Information Technology Transfers Category Personnel Operating Depreciation & Amortization Capital Debt Service Other Grants & Aides Transfers Out Fund - There are a total of 17 funds that are budgeted through formal adoption or budget amendments. 11 Funds are being budgeted this fiscal year within the City of Aventura. Department - Within each Fund, there may be different Departments, with the General Fund containing the most Departments. Category - Within each Fund, and Department there are up to seven (7) categories of expenditures/expenses that can be used to account for expenditures/expenses. Expenditure/Expense Line Items Within each category, there are many line items used to account for the different expenditures/expenses throughout the City of Aventura. 54 Budget Control/Monitoring Funds appropriated in the Budget may be expended by and with the approval of the City Manager in accordance with the provisions of the City Charter and applicable law. Funds of the City shall be expended in accordance with the appropriations provided in the Budget and shall constitute an appropriation of the amounts specified therein. Supplemental appropriations or the reduction of appropriations, if any, shall be made in accordance with Section 4.07 of the City Charter. The Budget establishes a limitation on expenditures by department total. Said limitation requires that the total sum allocated to each department for operating and capital expenses may not be increased or decreased without specific authorization by a duly -enacted Resolution/Ordinance affecting such amendment or transfer. Therefore, the City Manager may authorize transfers from one individual line -item account to another, so long as the line -item accounts are within the same department and fund. • The "Personnel Allocation Summary" enumerates all authorized budgeted positions. However, the City Manager may amend said authorized budgeted positions in order to address the operating needs of the department so long as sufficient budgeted funds are available. The budget is continually monitored to track variances between actual and budgeted amounts. Monthly budget to actual reports are prepared for review and accountability, notating percentages where the budgets should be based on the month of the year and any line items and departments that are over budget. Significant variances are investigated and monitored for corrective action. Quarterly review meetings are held with the Finance Director and City Manager. Encumbrances do not constitute expenditures or liabilities in the current year, but instead are defined as commitments related to unperformed contracts for goods or services, which are only reported in governmental funds. Budget Amendment Operating Budget Upon the passage and adoption of the budget for the City of Aventura, if the City Manager determines that the department total will exceed its original appropriation, the City Manager is authorized to prepare such Resolutions/Ordinances for consideration by the City Commission as may be necessary and proper to modify any line item from the Budget. The Budget Amendment Process will differ as to form depending on whether or not the original budget appropriation is exceeded as follows: • Any change or amendment to the budget that will increase the original total appropriated amount can only be accomplished with the preparation of an Ordinance requiring two (2) public hearings and approval by the City Commission. • Any change or amendment to the budget which transfers monies within a fund but does not increase the total appropriated amount can be accomplished with the preparation of a Resolution. This does not require a public hearing, however, approval by the City Commission is still necessary. Capital Budget Through the City's amendment process, changes can be made to the adopted Capital Budget during the fiscal year. A request for amendment is generated by an operating department based on an urgent need for a new capital project or for additional funding for a previously approved project. The request is reviewed by the Finance Director and City Manager and, if approved by the City Manager, a budget amendment is presented to the City Commission. Basis of Budgeting The Basis of Budgeting refers to the method used to determine when revenues and expenditures are recognized for budgetary purposes. Budgets for governmental funds, the General Fund and Special Revenue Funds, are adopted on a basis that is consistent with Generally Accepted Accounting Principles ("GAAP") which require recognition of transactions or events on a modified accrual basis of accounting. This basis of accounting recognizes increases and decreases in financial resources only to the extent that they reflect near -term inflows or outflows of cash. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the government considers revenues to be available if they are collected within 60 days of the end of the current fiscal period. Expenditures generally are recorded when a liability is incurred, as under accrual accounting. However, debt service expenditures, as well as expenditures related to compensated absences, pension, other postemployment benefits and claims and judgments, are recorded only when due. Property taxes, when levied for, franchise fees, utility taxes, charges for services, impact fees, intergovernmental revenues when eligibility requirements are met and investment income associated with the current fiscal period are all considered to be measurable and have been recognized as revenues of the current fiscal period, if available. All other revenue items such as fines and forfeitures and licenses and permits are considered to be measurable and available when cash is received by the City. The Enterprise Fund, the Stormwater Utility Fund, follows accrual basis of accounting where revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows, and therefore is budgeted as such. Property taxes are recognized as revenues in the year when an enforceable lien exists and when levied for. 67: Grants and similar items are recognized as revenues as soon as all eligibility requirements imposed by the provider have been met. Basis of Accounting Basis of Accounting refers to the time period when revenues and expenditures are recognized in the accounts and reported on the financial statements. Basis of accounting relates to the timing of the measurements made, regardless of the measurement focus applied. The accrual basis of accounting is followed for the proprietary fund types. The modified accrual basis of accounting is followed in the governmental fund types and the expendable trust funds type. Under the modified accrual basis of accounting, revenues are recorded when susceptible to accrual, that is, when they are both measurable and available. Available means collectible within the current period or soon enough thereafter to pay current liabilities. Expenditures are generally recognized under the modified accrual accounting when the related fund liability is incurred. Exceptions to the general rule are principal and interest on general long-term debt which is recognized when due. The City applies all applicable Governmental Accounting Standards Board ("GASB") pronouncements as well as the following pronouncements issued on or before November 30, 1989, unless those pronouncements conflict with or contradict GASB pronouncements: Financial Accounting Standards Board ("FASB") statements and interpretations, Accounting Principles Board ("APB") opinions and Accounting Research Bulletins ("ARBs"). During June 1999, the GASB issued Statement No. 34. This statement established new accounting and financial reporting standards for state and local governments, which have been appropriately implemented by the City. Fund Structure The accounts of the City are organized and operated on the basis of funds and account groups. A fund is an independent fiscal and accounting entity with a self -balancing set of accounts. Fund accounting segregates funds according to their intended purpose and is used to aid management in demonstrating compliance with the finance -related legal and contractual provisions. The minimum number of funds is maintained consistent with legal and managerial requirements. Account groups are a reporting device to account for certain assets and liabilities of the governmental funds not recorded directly in those funds. The following governmental funds have annual appropriated budgets: The rest of this page has intentionally been left blank 57 Governmental Fund Types General Fund (001) • This is the City's primary operating fund, hence a major fund as of fiscal year 2024/25 audited financial statements. It accounts for all financial resources of the City, except those required to be accounted for in another fund. Resources are derived primarily from ad valorem taxes, utility taxes, franchise fees, intergovernmental revenues and charges for services. Expenditures are incurred to provide general government, public safety, community development and community services. Special Revenue Funds account for revenue sources that are legally restricted to expenditures of specific purposes (excluding pension trusts and major capital projects). Included in the budget are the following special revenue funds: .,. can iw u... .a k-....-.�►' 101 • This fund is used to account for revenues and expenditures associated with the funds the City received as part of the American Rescue Plan Act (ARPA). The U.S. Department of the Treasury launched the Coronavirus State and Local Fiscal Recovery Funds, which provides $350 billion in emergency funding for eligible state, local, territorial, and tribal governments. 58 The intent of these funds is to aid and assist eligible governmental entities in recovery efforts resulting from the economic fallout of the COVID-19 pandemic. The City of Aventura's allocation is $18,525,074. This funding covers all qualifying expenditures on or after March 3, 2021. All funds had to be obligated by December 31, 2024, and expended by December 31, 2026. This fund is not budgeting amounts for FY 2026/27 as all projects have purchase orders. Should any projects not be completed by the end of FY 2025/26, the purchase order will roll into the FY 2026/27 with the first budget amendment and adjust the budget accordingly. Police education Fund 1110) • This Fund is used to account for revenues and expenditures associated with the two dollars ($2.00) the City receives from each paid traffic citation, which, by state statute, must be used to further the education of the City's Police Officers. Transr^rtntinn d Str—^t Mnintennne Fund (1201 • This fund was established to account for restricted revenues and expenditures which by State Statute are designated for transportation enhancements, street maintenance and construction costs. Citizens' Independent Transportation Trust (CITT) Fund (121) • This fund was established in FY 2023/24 to account for restricted revenues and expenditures which by County Transit System Surtax Ordinance are designated for transit and transportation, which in prior years was recorded in the Transportation and Street Maintenance Fund, Fund 120. Building Fund (164) • This fund was established in FY 2022/23 to comply with the Building Construction Standards - Enforcement, Chapter 553.80 Section (7)(a)4. Of the Florida Statutes. This fund enables the City to account for the monies coming in and out of the building function of the Community Development Department. 911 Fund (180) • This fund is used to account for revenues and expenditures specifically earmarked for the City's emergency 911 system in accordance with Florida Statute 365.172. The funds may be used to provide emergency dispatch systems, training, communication, maintenance and repairs and related capital outlay purchases. The fund offsets a portion of the emergency 911 operational costs. LawEnforct.______ __M,xFu.___ _ • This fund accounts for proceeds obtained through fines designated specifically for training law enforcement officers. Anticipated expenditures may not be known during the budget process and therefore will be amended at year-end to comply with Florida Statutes. Federui rurfeiture Fund — Justice & Treasury (615 & 616) • These funds account for the proceeds obtained through the sale of confiscated and unclaimed property turned over to the City through court judgments. Proceeds are to be used solely for law enforcement purposes. Anticipated expenditures may not be known during the budget process and therefore will be amended at year-end to comply with Florida Statutes. The Debt Service Funds were established to account for revenues transferred from the General Fund and the ACES Charter School Fund to satisfy the debt service payments associated with the long-term financing of the following bank qualified loans and are comprised of the following funds: Debt riinal Spripc ennn r en11 (93n) • Established for the purchase of Founders Park, the permanent Government Center site and construction of the Government Center. The original debt was issued in 1999 and was refinanced in 2010 and 2011 through Bank of America. Debt Service Fund Series 2012 (A) (250) • Established for the acquisition of the property for the ACES Charter School and to partially fund the Community Recreation Center. The original debt was issued in 2002 and was refinanced in 2012 through SunTrust Bank. Debt Service Fund Series 2012 (B) (290) • Established for the construction and equipment of the ACES Charter Elementary School. The original debt was issued in 2002 and was refinanced in 2012 through SunTrust Bank. Debt Service Fund Series 2018 (291, • The original debt was issued in 2018 by BB&T Bank for the partial construction and equipping of the DSAHS. The Capital Project Funds were established to account for different capital projects that the City undertakes and are comprised of the following funds: Capin._ -ro,, - • This fund accounts for the acquisition and/or construction of major capital projects funded by impact fees or other revenues specifically earmarked for capital projects restricted by City Ordinances or City Commission policy. 60 DSAHS Construction Fund (395 • This fund is used to account for revenues and expenditures used for the construction of the new High School. This fund was created during FY 2024/25 and will be used through the duration of the construction. Proprietary Funds The Enterprise Fund is used to account for operations that are financed and operated in a manner similar to a commercial enterprise, where the intent of the governing body is that the costs of providing goods or services to the general public on a continuing basis be financed or recovered primarily through user charges, or where the governing body has decided that periodic determination of the revenue earned, expenses incurred, and/or net income is appropriate for capital maintenance, public policy, management control, accountability or other purposes. Included in the budget is the following Enterprise Fund: Stormwnter Utility Fund (4101 • This fund is used to account for revenues and expenditures specifically earmarked for the construction and maintenance of the City's stormwater drainage system. The rest of this page has intentionally been left blank b � ] % A x $ - k ) . � 2 � \ ] ) ) � E ) 8 m j 2 & # 2 $ •k / k @ 2 e 2 § R w w w z E2 \ \ O $ \ Ii $ / I ) } ii % $ J / a � � \ _ ° < — /.ms. _� -e�flhIf_ _d Funds Excluded from the Adopted Budget City of Aventura Police Officer's Retirement Plan • This fund accounts for the activities of the Police Officers' Retirement Plan that accumulates resources for pension benefits to qualifying police officers. Aventura c.fry or excellence acnool (".4c:ES") Charter acnool Funa (1901 • The City owns and operates a charter K-8 school. • As of fiscal year 2024/25 audited financial statements, this is a major fund of the City. Don SofferAventura Hiph School ("DSAHS") Charter Hiph School Fund (191) • The DSAHS is a tuition -free public charter high school that opened in August 2019 to 9t" grade students, adding a grade every year until 2022 when 12th grade was added. • As of fiscal year 2024/25 audited financial statements, this is a major fund of the City. Both ACES and the DSAHS have July 1 - June 30 fiscal years. Their budgets are adopted separately from each other and apart from the City, by the Commission in May of each year. • Each School's current -year operating budget is accounted for in a separate special revenue fund and was prepared by CSUSA in collaboration with the City's professional staff. • The City has entered into a separate management agreement with CSUSA in which CSUSA will provide the services necessary to organize, manage, staff, operate and maintain both ACES and DSAHS. City of Aventura Budgeted Funds vs. Funds in Annual Comprehensive Financial Report City of Aventura Police Officers' Retirement Plan Only in ACFR 63 Property Taxes Property taxes are assessed as of January 1 each year and are first billed (levied) and due the following November 1. Under Florida law, the assessment of all properties and the collection of all county, municipal, school board and special district property taxes are consolidated in the Offices of the County Property Appraiser and County tax Collector. The laws for the State regulating tax assessments are also designed to assure a consistent property valuation method statewide. All property is reassessed according to its fair market value as of January 1 each year. Each assessment roll is submitted to the Executive Director of the Florida Department of Revenue for review to determine if the assessment rolls meet all of the appropriate requirements of State Statutes. All real and tangible personal property taxes are due and payable on November 1 each year or as soon as practicable thereafter as the assessment roll is certified by the County Property Appraiser. Miami -Dade County mails each property owner on the assessment roll a notice of the taxes due and collects the taxes for the City. Taxes may be paid upon receipt of the notice from Miami -Dade County, with discounts at the rate of 4% if paid in the month of November, 3% if paid in the month of December, 2% if paid in the month of January and 1% if paid in the month of February. Taxes paid during the month of March are without discount, and all unpaid taxes on real and tangible personal property become delinquent and liens are placed on April 1 of the year following the year in which the taxes were assessed. Procedures for the collection of delinquent taxes by Miami - Dade County are provided for in the laws of Florida. 2018 2017 10,450,567,929 223,735,802 (575,305,868) 10,098,997,863 2019 2018 10,669,786,837 251,121,004 (555,067,665) 10,365,840,176 2020 2019 11,012,770,618 286,759,608 (559,343,594) 10,740,186,632 2021 2020 10,835,195,692 309,145,157 (594,123,975) 10,550,216,874 2022 2021 10,775,110,254 301,043,151 (624,796,747) 10,451,356,658 2023 2022 11,687,926,721 325,924,234 (645,459,416) 11,368,391,539 2024 2023 12,820,523,428 368,001,457 (682,489,643) 12,506,035,242 2025 2024 13,861,455,634 361,221,089 (673,452,009) 13,549,224,714 2026 2025 14,506,485,236 374,120,136 (691,828,976) 14,188,776,396 2027 2026 14,596,475,196 410,528,456 (704,911,350) 14,302,092,302 Note: (1) Florida Law requires that all property be assessed at current fair market value. 64 The City experienced losses in Taxable Assessed Value ("TAV"), prior to the addition of new construction, in Tax Roll Years 2018 - 2021. In Tax Roll Years 2018 - 2019, there was sufficient new construction to more than offset these losses, resulting in small net increases to the TAV in those years. In Tax Roll Years 2020 - 2021, this was not the case, resulting in small net decreases to the TAV in those years. In Tax Roll Years 2022 - 2025, the first increases in the City's existing property values were seen. Tax Roll 2026 also provided for an increase, though not as significant as past years. Millage Rate State statutes permit municipalities to levy property taxes at a rate of up to 10 mills ($10 per $1,000 of assessed taxable valuation). The City's tax levy is established by the City Commission prior to October 1 of each year, and the County Property Appraiser incorporates the millage into the total tax levy, which includes Miami -Dade County, Miami -Dade County School Board and certain other special taxing districts. The City of Aventura has maintained the same millage rate, 1.7261, for the 31st consecutive year in FY 2026/27. Total Taxable Assesses! Value (in Billian>B) 510.00 1.721 514.00 512.00 510.00 50.00 54.00 2.00 510.74 STQ.1Q $10.37 1QS10.55 A5 S11.37 2.0000 S14.19 S14.30 1000 $13.55 ti 512.51 10000 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 Total Taxable Assessed Value in Billions Millage 14000 1200Q 10000 $t 0.8000 Q.QQQQ 0.4000 02000 The City of Aventura's millage rate is 1.7261 for fiscal year 2026/27. This means that for every one thousand dollars ($1,000) of taxable assessed value of property, it is taxed 1.7261 mills ($1.7261 per $1,000 of taxable assessed valuation). For example, on the Notice Proposed Property Taxes and Proposed or Adopted Non -Ad Valorem Assessments, also known as the TRIM Notice, taking the Current Taxable Value of $333,366, then dividing it by 1,000 and multiplying that number ($333.36) by the Tax Rate (millage) of 1.7261, the total tax amount of $575.42 is derived. The rest of this page has intentionally been left blank In FY 2025/26, the City of Aventura has the second lowest total tax rate in Miami -Dade County when comparing total millage and the third lowest tax rate when comparing operating millage only. The table below compares the adopted tax rates of cities located within the County for fiscal year 2025/26: 3100 Sunny Isles 1.7000 - 1.7000 2800 1 3000 Uninc. County 1.9090 - 1.9090 1200 Bal Harbour 2.1439 - 2.1439 3200 Miami Lakes 2.1577 - 2.1577 3500 Doral 1.7166 0.4810 2.1976 3300 Palmetto Bay 2.3018 - 2.3018 2000 Pinecrest 2.5030 - 2.5030 3600 Cutler Bay 2.8332 - 2.8332 2400 Key Biscayne 2.8846 - 2.8846 1300 Bay Harbor Island 3.4583 - 3.4583 2500 Sweetwater 3.5634 - 3.5634 2200 Medley 3.8500 - 3.8500 1400 Surfside 3.8830 - 3.8830 0900 South Miami 3.9500 - 3.9500 2700 Hialeah Gardens 4.6782 - 4.6782 2600 Virginia Gardens 4.8500 - 4.8500 2100 Indian Creek 5.5000 - 5.5000 0300 Coral Gables 5.5590 - 5.5590 1500 West Miami 5.7700 - 5.7700 0200 Miami Beach 5.8560 0.2779 6.1339 1000 Homestead 5.9604 0.2446 6.2050 0700 North Miami Beach 6.1000 0.2000 6.3000 0400 Hialeah 6.3018 - 6.3018 1600 Florida City 6.4304 - 6.4304 0500 Miami Springs 6.8100 - 6.8100 2300 North Bay Village 5.7062 1.1666 6.8728 0100 Miami 7.1080 0.2536 7.3616 3400 Miami Gardens 6.9363 0.4331 7.3694 0600 North Miami 7.4000 - 7.4000 1100 Miami Shores 7.8000 0.1331 7.9331 1800 El Portal 8.2000 - 8.2000 1900 Golden Beach 7.8000 0.6000 8.4000 0800 Opa-Locka 8.9797 - 8.9797 1700 Biscayne Park 9.3000 - 9.3000 Source: Miami -Dade County Office of the Property Appraiser - 2025 Adopted Millage Rates Schedule 67 The City of Aventura is not the only place to which tax dollars get distributed from property tax bills. Each taxing authority displayed as a portion of the picture and chart below has their own millage rate and contributes to the portion of taxes paid by each property every year. The City of Aventura only receives a small portion of the total property taxes paid by each property owner. Miami -Dade County School Board City of Aventura / / Miami -D ID Based on Fiscal Year 2025/26 Tax Rates *The depiction above is for representational purposes only and is not designed to exact scale Miami -Dade County 8.1326 48.56 Miami -Dade County School Board 6.6330 39.60 South Florida Water Management District (SFWMD) 0.0948 0.57 Everglades 0.0327 0.20 Okeechobee Basin 0.1026 0.61 Florida Inland Navigation District (FIND) 0.0270 0.16 City of Aventura 1.7261 10.31 68 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Short-term & Long-term Goals, Objectives & Financial Plans City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 70 Short-term & Long-term Goals & Objectives The City of Aventura's mission statement states key words that are incorporated into the City's operations on a daily basis. "Highest quality", "excellence", "responsive", "cost effective", and "innovative" are those terms that are applied throughout and incorporated into the budget as it relates to providing services to the community through the short- term and long-term goals and objectives. Through citizens requests, Mayor & Commission workshops and department ideas, new initiatives are brought forth, discussed and implemented. On November 7,1995, the citizens of Aventura overwhelmingly voted to approve the City's Charter and officially incorporate as Miami -Dade County's 28th municipality. Incorporation afforded residents the opportunity to improve the quality of government services they receive and take control of the City's destiny. Since incorporation, a great deal of progress has been made to accomplish the goals of incorporation with the creation of our own police force, new and expanded parks and recreation opportunities and citywide beautification projects. Aventura is governed by a commission -manager form of government, combining the political leadership of its elected officials with the executive experience of its City Manager. This structure is vastly different from that of other local governments, emulating the private sector by privatizing services and emphasizing customer service based on the following principles: • Prompt response to citizen requests. • One -stop service for permits and business licenses. • Commitment to public involvement. • Utilization of "Electronic Government" to provide service and information. • Commitment to hiring only the most qualified and highly motivated employees. • Limiting the number of employees by privatizing or contracting with the private sector for many services. • A professional, businesslike manner at all times. • An emphasis on quality not quantity. • A high quality of life for citizens, businesses and visitors. • A safe and secure environment to live and work. • Low taxes. • Establishing a small number of operating departments that work closely with the community. Those principles have been proven and continue to be proven through City operations and span the goals and objectives of each department throughout the City. r`i Budget Priorities/Goals and Action Plans The budget addresses the following priorities and goals that the City Commission has either adopted or supported through policy or initiatives. These priorities and goals that the City addresses in the budget, were developed through prior workshops and conversations. These are woven through each department's objectives and then tied into each department's performance and workload measures. The relevant overarching City priorities/goals and action plans that specifically relate to each department can be seen throughout the budget document under the performance measures and scorecard for each respective department as labeled by the title in parenthesis. Enhance the safety and security of our residents, schools and businesses ("Safety & Security"): • Continue to provide effective police services, training and security measures at both Aventura City of Excellence School ("ACES") and the Don Soffer Aventura High School ("DSAHS"). • Continue community outreach initiatives to engage the community in joint problem solving and crime prevention techniques. • Continue to utilize innovative technology throughout the community and with our business partners to prevent, reduce and solve crime. • Continue to expand communications with the public by utilizing social media, community outreach and the Police Department's Community Advisory Panel. • Maintain the Police Department's overtime and events budgets to sustain the number of departmental sponsored events. Provide and support quality educational choices for Aventura students to succeed academically and become productive citizens ("Education"): • Continue to operate both ACES and DSAHS as "A" rated high performing schools. • Construction of a new High School to allow for growth at the high school, middle school and elementary school levels. Maintain efficient and responsive government which embraces the highest standards of service and financial stability ("Service & Financial Stability"): • For the 31St year in a row no increase in the tax rate is recommended. • Continue to focus on the five-year capital improvement program for the planned maintenance of the City's infrastructure for Beautification and Park Facility Improvement Projects and Road Resurfacing Program in the amount of $3,956,970 and $475,005, respectively. • Maintain healthy reserves that ensure the City's ability to provide quality services under challenging economic times and to address unforeseen emergencies. • Continue the model of privatizing many City service areas while maintaining a small workforce which has allowed for a more cost-effective service delivery system, as compared to the traditional governmental structure. • Continue to utilize technology to improve productivity and expand E -government applications. Continue to explore alternate transportation modes to alleviate traffic and support bicycle friendly initiatives ("Transportation"): • Continue to fund the free Aventura Express Shuttle Bus system that serves on average approximately 9,000 riders a month and extend service to new developments. • Continue to fund the free On -Demand Transportation Services that serves on average approximately 10,000 riders a month. • Launch autonomous vehicles in FY 2026/27. • Continue to implement recommendations included in the Unified Master Plan for Pedestrian and Bicycle Connectivity. • Continue to collaborate with state, county and local officials to address possible solutions to traffic issues. Community Engagement_ Parks, Programs and Special Events ("Culture & Recreation"): • Maintain Park Attendant hours in order to provide adequate coverage in the peak season and accommodate increased attendance at our park facilities. • Continue the afterschool program at the Community Recreation Center for Aventura students that attend Aventura Waterways K-8. • Continue youth travel soccer and basketball leagues that were established to respond to the increased demand for these community services which are offset by user fees. • Maintain funding to support the Aventura Arts & Cultural Center as a state-of-the-art venue and continue to provide a wide variety of programming for all age groups. • Continue to fund special events. • Continue to fund and celebrate Founder's Day activities for the City. • Provide adequate funding to maintain our parks and recreational facilities at a high level. • Continue to employ the Aventura Youth Council. 73 Environmental Sustainability and Go Green Initiatives ("Environmental"): • Maintain Tree City USA status. • Continue to improve the energy utilization at all City facilities by replacing inefficient and worn air conditioning systems. • Ensure that redevelopment projects that require land use/zoning revisions do not have a negative impact on the community. • Monitor and participate in regional efforts to address the impacts of rising sea level and the long-range impacts of climate change. • Implement strategies and recommendations included in the City's Comprehensive Stormwater Management Plan to address drainage infrastructure improvements and long-range impacts of climate change. • Continue the "Go Green Award Program" sponsored by the Community Services Advisory Board to recognize condominiums and businesses that have made efforts to reduce energy consumption and implement recycling programs. • Provide adequate funding to maintain our signature landscape, streets, rights -of - way and facilities. • Maintain the silver level certification recognition by the Florida Green Local Government Program. • Maintain the development incentives in the City's Green Building Program to encourage developers to use green building standards. Short-term Factors & Long-term Financial Plans The City of Aventura has incorporated the following factors into their short-term and long-term financial plans and has examined its effect upon budgets in both the current and future years: 2016 $ 15,008,874 7.38% 2017 $ 16,349,089 8.93% Ad Valorem Taxes 2018 $ 16,747,025 2.43% The property taxes that the City receives fluctuate as they 2019 $ 17,051,593 1.82% are based on the assessed value from the Miami -Dade 2020 $ 17,557,171 2.96% County Property Appraiser. As stated earlier in this 2021 $ 17,346,885 -1.20% document, in fiscal year 2026/27, property values increased 2022 $ 17,216,330 -0.75% by 0.80% which is the fifth increase the City has had in the 2023 $ 18,820,560 9.32% last eight years. Despite the developments in the City that 2024 $ 20,744,917 10.22% are under construction increasing the tax base, it is 2025 $ 22,508,948 8.50% anticipated that assessed values will remain flat and/or 2026* $ 23,766,685 5.59% 2027* $ 24,002,500 0.99% decrease in the coming years. As has been spoken of for the past year and now coming to a referendum ballot vote *Budgeted **Forecasted in November 2026 is the increase of homestead exemption to property taxes. In tax year 2027, the $50,000 exemption 74 would increase to $150,000 and in tax year 2028, it would increase to $250,000. To prepare for this possibility, the City, for FY 2026/27 has taken steps to reduce departmental expenditures by fifteen percent (15%). Additionally, the minimum wage increases in the State of Florida and increased pricing in labor and supplies continue to affect the City and must be monitored. State of Florida Minimum Wage Increase The State of Florida is increasing the minimum wage each year until 2026, when the new minimum wage will be $15 per hour. The City of Aventura has a plan to increase wages for employees affected, namely part-time and seasonal employees before September 30, 2026. The two (2) charts below compare the City of Aventura's Pay Rate Increase Plan versus the State of Florida's Minimum Wage Increase2. . - ..- •. •. - iI'cis i 2020/2021 11:[.1!- $ 11.0000 2021/2022 $ 12.5000 2022/2023 $ 13.5000 2023/2024 $ 14~5000 2024/2025 $ 15.5000 2025/2026 $ 16.0000 2026/2027 $ 16.5000 vs. -. - ..- 2020/2021 $ 10.0000 2021/2022 $ 11.0000 2022/2023 $ 12.0000 2023/2024 $ 13.0000 2024/2025 $ 14.0000 2025/2026 $ 15.0000 American Rescue Plan Act ("ARPA) The Federal Government has given the City of Aventura and eligible state, local, territorial and tribal governments funding to assist in economic recovery from the COVID-19 pandemic. The City of Aventura has been allocated $18,525,074. As the funds were required to be obligated by December 31, 2024 and expended by December 31, 2026, the long-term financial plans cannot exclude an ARPA discussion. Most of the projects as of today have been completed. The few remaining projects currently have Purchase Orders associated with them and if not completed by the end of FY 2025/26, the Purchase Orders will be rolled into FY 2026/27 and encumbered in the new 2 2021-01-29-Notice-FL-Minimum-Wage-Increase.pdf (state.gov) rV year creating an automatic budget amendment per City policy. Therefore, we are not budgeting ARPA funds in the current budget document. Future Years Projected Appendix A - Capital Improvement Program for Fiscal Years 2026/27 through 2030/31 includes summary sheets for each fiscal year, along with projections for each budgeted fund. These projections have been developed in conjunction with the operating budget to reflect current revenue and expenditure projections included in the FY 2026/27 budget document, as well as estimates for future fiscal years. Revenues and expenditures for the upcoming budget year are based on current financial data, anticipated trends, and other relevant economic factors. Capital improvement projects identified for future years are reviewed and prioritized based on the immediate and long-term needs of the City and its residents. Projects may be adjusted, deferred, or advanced as necessary to ensure that available resources are directed toward the City's highest priorities. The City remains committed to maintaining and exceeding its reputation as the "City of Excellence" through thoughtful planning and strategic investments that support its goals and objectives. The City also prioritizes "pay-as-you-go" financing to maintain low debt levels and ensure consistency with its Debt Policy and Administration while supporting long-term financial stability. The rest of this page has intentionally been left blank rc City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Summary of All Funds 77 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 78 BUD GET - - IN BRIEF Number of Funds Budgeted: 11 General Fund: BuildingFund: $56,874,432 $5,095,655 Police Education Fund: $5,500 Budgeted Amount by Fund: Transportation Street Maintenance Fund: $921,700 Citizens' Independent Transportation Trust Fund: $2,425,000 Property Values Increased: 0.80% Stormwater Utility Rates: 1 ERU = $6.175 911 Fund: $159,500 Debt Service Fund: $2,437,125 Stormwater Utility Fund: $3,727,925 Millage Rate: 1.7261(31st Year Remained Constant) FY 2026/27 Total Budgeted Positions: 206 I 3% COLA for PBA FY 2026/27 General Fund Capital Outlay: $1,649,155 3% COLA for General I per contract I. . FY 2026/27 # of Police Vehicles in CIP: © Health Insurance Increase: 5 23% 79 Change in position counts from FY 202 5/26: (2) City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 80 REVENUES BY FUND ACTUAL TACTUAL AMENDED YTD COMMISSION AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL FUND 2023/24 2024/25 A 2025/26 2025/2%& 2026/27 001 GENERAL FUND $60,321,130 $61,178,429 $57,332,678 $52,674,309 $56,874,432 101 AMERICAN RESCUE PLAN ACT FUND $6,164,094 $4,594,663 $2,777,423 $9,290 $0 110 POLICE EDUCATION FUND $6,165 $6,876 $4,000 $5,577 $5,500 120 TRANSPORT. & ST. MAINT. FUND $2,042,121 $1,437,569 $1,126,427 $1,153,372 $921,700 121 CITI. IND. TRANSP. TRUST FUND $2,550,359 $2,745,881 $2,430,000 $1,952,196 $2,425,000 164 BUILDING FUND $7,408,329 $5,679,418 $5,778,048 $5,555,288 $5,095,655 180 911 FUND $77,086 $175,366 $81,195 $77,087 $159,500 230 DEBT SERIES 2010 & 2011 FUND $1,192,997 $1,192,936 $1,186,742 $0 $1,184,414 250 DEBT SERIES 2012 (A) FUND $361,585 $360,527 $358,391 $0 $356,514 290 DEBT SERIES 2012 (B) FUND $403,928 $444,000 $400,160 $0 $397,961 291 DEBT SERIES 2018 FUND $496,724 $495,960 $494,828 $0 $498,236 392 CAPITAL PROJECTS FUND $216,286 $72,738 $83,670 $52,656 $0 395 DSAHS CONSTRUCTION FUND $0 $1,250 $959,870 $0 $0 410 STORMWATER UTILITY FUND $1,586,850 $1,504,057 $2,127,415 $2,154,591 $3,727,925 610 LAW ENFORCEMENT TRUST FUND $11,608 $88,420 $0 $5,849 $0 615 FED FORFEITURE FUND - JUSTICE $16,340 $11,979 $0 $183,475 $0 616 FED FORFEITURE FUND - TREASURY $12,157 $7,159 $0 $3,911 $0 TOTAL REVENUE $82,867,759 $79,997,228 $75,140,847 $63,827,600 $71,646,837 81 EXPENDITURES/EXPENSES BY FUND ACTUAL TACTUAL AMENDED YTD COMMISSION AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL FUND 2023/24 2024/25 2025/26 2025/26A 2026/27 001 GENERAL FUND $53,682,166 $54,543,100 $57,332,678 $42,890,068 $56,874,432 101 AMERICAN RESCUE PLAN ACT FUND $5,722,101 $4,429,332 $2,777,423 $864,056 $0 110 POLICE EDUCATION FUND $4,040 $0 $4,000 $0 $5,500 120 TRANSPORT. & ST. MAINT. FUND $772,266 $1,017,944 $1,126,427 $689,251 $921,700 121 CITI. IND. TRANSP. TRUST FUND $1,814,340 $2,579,029 $2,430,000 $1,735,828 $2,425,000 164 BUILDING FUND $5,974,093 $5,352,379 $5,778,048 $3,955,812 $5,095,655 180 911 FUND $81,599 $118,160 $81,195 $77,885 $159,500 230 DEBT SERIES 2010 & 2011 FUND $1,192,997 $1,192,936 $1,186,742 $1,127,549 $1,184,414 250 DEBT SERIES 2012 (A) FUND $361,584 $360,515 $358,391 $9,059 $356,514 290 DEBT SERIES 2012 (B) FUND $403,927 $402,476 $400,160 $10,216 $397,961 291 DEBT SERIES 2018 FUND $496,724 $495,960 $494,828 $494,828 $498,236 392 CAPITAL PROJECTS FUND $34,175 $62,468 $83,670 $67,077 $0 395 DSAHS CONSTRUCTION FUND $0 $1,245 $959,870 $595,700 $0 410 STORMWATER UTILITY FUND $1,050,153 $1,821,818 $2,127,415 $824,109 $3,727,925 610 LAW ENFORCEMENT TRUST FUND $5,960 $855 $0 $0 $0 615 FED FORFEITURE FUND - JUSTICE $0 $0 $0 $122,292 $0 616 FED FORFEITURE FUND - TREASURY $85,181 $17,000 $0 $0 $0 TOTAL EXPENDITURES/EXPENSES $71,681,308 $72,395,217 $75,140,847 $53,463,732 $71,646,837 82 SUMMARY OF ALL FUNDS REVENUES BY CATEGORY FISCAL YEAR 2026/27 ACTUAL ACTUAL AMENDED COMMISSION AMOUNT AMOUNT BUDGET YTD ACTUAL PROPOSAL CATEGORY 2023/24 2024/25 2025/26 2025/26 2026/27 AD VALOREM TAXES $20,744,917 $22,508,948 $23,766,685 $23,402,074 $24,002,500 UTLTY & LOG LEVD TXS $11,870,888 $12,309,338 $11,290,000 $8,981,387 $11,530,000 FRANCHISE FEES $5,682,995 $5,767,741 $5,120,000 $3,941,270 $5,318,500 LIC, PRMTS & IMPCT $8,155,614 $5,933,139 $4,920,000 $5,609,995 $5,050,000 INTERGOVERNMENTAL $14,847,248 $13,888,574 $10,022,266 $7,206,027 $8,655,876 CHARGES FOR SERVICES $7,255,708 $7,833,908 $7,098,150 $8,364,486 $7,937,285 FINES & FORFEITURES $4,166,745 $3,814,326 $2,744,000 $3,474,403 $2,950,000 INVESTMENT INCOME $5,272,942 $3,986,997 $2,067,870 $2,498,982 $1,786,205 MISCELLANEOUS $734,591 $402,790 $252,220 $348,976 $285,000 TRANSFERS IN $4,136,110 $3,121,286 $4,023,256 $0 $2,991,146 DEBT PROCEEDS $0 $430,182 $0 $0 $0 CARRYOVER $0 $0 $3,836,400 $0 $1,140,325 TOTAL REVENUE $82,867,759 $79,997,228 $75,140,847 $63,827,600 $71,646,837 83 SUMMARY OF ALL FUNDS EXPENDITURES/EXPENSES BY CATEGORY FISCAL YEAR 2026/27 ACTUAL ACTUAL AMENDED COMMISSION AMOUNT AMOUNT BUDGET YTD ACTUAL PROPOSAL CATEGORY 2023/24 2024/25 2025/26 2025/26 2026/27 PERSONNEL $30,055,765 $30,819,211 $31,903,798 $27,774,469 $33,919,217 OPERATING $22,929,633 $23,963,499 $25,228,989 $20,513,841 $23,428,452 DEP & AMORT $549,252 $572,059 $0 $0 $0 CAPITAL $8,455,244 $11,611,460 $11,166,898 $3,533,769 $8,603,828 DEBT SERVICE $2,544,613 $2,669,204 $2,518,066 $1,641,652 $3,102,155 OTHER GRANTS & AIDES $57,500 $82,500 $0 $0 $0 TRANSFERS OUT $7,089,301 $2,677,286 $4,323,096 $0 $2,593,185 5TAL EXPENDITURES/EXPENSES $71,681,308 $72,395,217 $75,140,847 $53,463,732 $71,646,837 84 SUMMARY OF ALL FUNDS EXPENDITURES/EXPENSES BY DEPARTMENT/CATEGORY FISCAL YEAR 2026/27 EPARTMENT/CATEGORY ACTUAL ACTUAL AMENDED YTD ACTUAL COMMISSION AMOUNT AMOUNT BUDGET 2025/26 PROPOSAL 2023/24 2024/25 2025/26 2026/27 10 15 20 25 30 35 40 45 50 55 60 65 75 90 10 15 20 30 35 40 45 50 55 60 65 75 90 MAYOR & COMMISSION $341,748 $376,042 $452,420 $343,288 $470,937 CITY MANAGER $1,648,666 $1,197,687 $1,342,756 $1,143,269 $1,360,400 CITY CLERK $437,814 $468,457 $651,112 $381,985 $568,746 CITY ATTORNEY $460,496 $431,740 $535,950 $263,968 $570,000 FINANCE $1,162,011 $1,207,774 $1,443,006 $1,154,617 $1,490,631 HUMAN RESOURCES $291,219 $392,071 $448,841 $371,379 $446,571 INFORMATION TECHNOLOGY $1,097,937 $1,116,238 $1,644,434 $1,285,915 $1,466,103 POLICE $25,573,691 $26,247,394 $27,712,334 $24,126,104 $28,853,037 COMMUNITY DEVELOPMENT $6,013,044 $5,304,231 $4,888,756 $4,319,020 $5,060,331 COMMUNITY SERVICES $4,817,726 $6,317,848 $6,139,932 $5,249,415 $5,872,443 PW/TRANSPORTATION $6,630,745 $7,296,715 $6,598,543 $5,681,156 $7,104,075 AACC $1,417,839 $1,690,509 $1,578,335 $1,158,143 $1,692,855 DSAHS $0 $1,245 $958,790 $594,621 $0 NON -DEPARTMENTAL $3,092,461 $2,734,758 $2,737,578 $2,215,430 $2,391,540 SUBTOTAL $52,985,398 $54,782,709 $57,132,787 $48,288,310 $57,347,669 MAYOR & COMMISSION $0 $8,393 $1,300 $1,146 $0 CITY MANAGER $21,905 $4,265 $5,600 $2,125 $2,400 CITY CLERK $853 $42,175 $94,384 $45,723 $3,800 FINANCE $2,999 $9,946 $3,600 $2,486 $3,800 HUMAN RESOURCES $3,569 $11,263 $5,520 $4,363 $1,000 INFORMATION TECHNOLOGY $700,482 $1,123,608 $2,259,495 $560,341 $177,000 POLICE $1,409,665 $1,251,131 $1,827,902 $1,411,868 $839,505 COMMUNITY DEVELOPMENT $10,317 $99,542 $898,059 $179,393 $35,450 COMMUNITY SERVICES $4,953,138 $602,611 $239,569 $163,437 $134,750 PW/TRANSPORTATION $1,306,729 $4,724,022 $3,953,931 $940,008 $3,296,410 AACC $18,625 $319,945 $503,900 $221,802 $182,800 DSAHS $0 $0 $1,080 $1,079 $0 NON -DEPARTMENTAL $26,963 $3,414,558 $1,372,559 $0 $3,926,913 SUBTOTAL $8,455,244 $11,611,460 $11,166,898 $3,533,769 $8,603,828 85 SUMMARY OF ALL FUNDS EXPENDITURES/EXPENSES BY DEPARTMENT/CATEGORY FISCAL YEAR 2026/27 DEP/CAT DEPARTMENT/CATEGORY ACTUAL ACTUAL AMENDED YTD ACTUAL COMMISSION # AMOUNT AMOUNT BUDGET 2025/26 PROPOSAL 2023/24 2024/25 2025/26 2026/27 • 5C DEP & AMORT $549,252 $572,059 $0 $0 $0 7A DEBT SERVICE $2,544,613 $2,669,204 $2,518,066 $1,641,652 $3,102,155 8A OTHER GRANTS & AIDES $57,500 $82,500 $0 $0 $0 9A TRANSFERS OUT $7,089,301 $2,677,286 $4,323,096 $0 $2,593,185 SUBTOTAL $10,240,666 $6,001,049 $6,841,162 $1,641,652 $5,695,340 TOTAL EXPENDITURES/EXPENSES $71,681,308 $72,395,217 $75,140,847 $53,463,732 $71,646,837 E:Z: FTE 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25 2025/26 2026/27 2026/27 Mayor & Commission 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 City Manager 3.0 3.0 3.0 2.0 4.0 5.0 5.0 6.0 3.0 3.0 3.0 City Attorney * - - - - - - - - - - - City Clerk 2.0 2.0 2.0 2.0 2.0 2.0 2.5 3.5 3.5 2.5 2.5 Finance 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 Human Resources **** - - - - - 1.0 2.0 2.0 2.0 2.0 2.0 Information Technology 6.0 6.0 6.0 6.0 5.0 5.0 5.0 6.0 6.0 6.0 6.0 Police****** 129.0 130.0 130.0 130.0 130.0 130.0 131.0 134.0 134.0 134.0 134.0 Community Development***** 9.0 9.0 9.0 7.0 7.0 3.4 3.4 3.4 3.3 2.7 2.7 Community Services 24.0 24.0 26.0 25.0 23.0 23.0 24.5 28.5 27.5 27.5 24.0 Public Works/Transportation******* 7.0 7.0 7.0 7.0 8.0 8.0 8.0 9.0 8.30 7.80 7.80 Building Fund - - - - - 3.6 3.6 3.6 4.7 5.3 4.8 Stormwater Fund - - - - - - - - 1.70 1.20 1.20 Arts & Cultural Center * - - - - - - - - - - - ACES ** 4.0 4.0 4.0 4.0 4.0 4.0 4.0 N/A N/A N/A N/A Don Soffer Aventura H.S. *** N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 198.0 199.0 201.0 197.0 197.0 199.0 203.0 210.0 208.0 206.0 202.0 * Departmental staff is provided through contractual services. ** Prior to FY 2024/25,4 Staff were included in the City Personnel counts. In FY 2024/25 and moving forward, Management is provided by CSUSA and departmental staff is included in Aventura City of Excellence School Budget Document. *** Management is provided by CSUSA and departmental staff is included in Don Soffer Aventura High School Fund Budget Document. **** Human Resources was grouped with Finance prior to FY 2022/23. ***** The Community Development Department of the General Fund has employees allocated to and fully funded from the Building Fund. ****** (2) Police Officer's salary & benefits are included in ACES & DSAHS budget, for the City's Operating Budget this position is included in the Police Department position counts and salary & benefits are offset by reduction of amount billing schools. ******* The Public Works/Transportation Department of the General Fund has employees allocated to the Stormwater Fund. The rest of this page has intentionally been left blank 87 FTE 2023/24 2024/25 2025/26 2026/27 2026/27 Mayor & Commission 7.0 7.0 7.0 7.0 7.0 City Manager 5.0 6.0 3.0 3.0 3.0 City Attorney * - - - - - City Clerk 2.5 3.5 3.5 2.5 2.5 Finance 7.0 7.0 7.0 7.0 7.0 Human Resources 2.0 2.0 2.0 2.0 2.0 Information Technology 5.0 6.0 6.0 6.0 6.0 Police***** 131.0 134.0 134.0 134.0 134.0 Community Development**** 3.4 3.4 3.3 2.7 2.7 Community Services 24.5 28.5 27.5 27.5 24.0 Public Works/Transportation****** 8.0 9.0 8.30 7.80 7.80 Building Fund 3.6 3.6 4.7 5.3 4.8 Stormwater Fund - - 1.70 1.20 1.20 Arts & Cultural Center * - - - - - ACES ** 4.0 N/A N/A N/A N/A Don Soffer Aventura H.S. *** N/A N/A N/A N/A N/A 203.0 210.0 208.0 206.0 202.0 * Departmental staff is provided through contractual services. ** Prior to FY 2024/25,4 Staff were included in the City Personnel counts. In FY 2024/25 and moving forward, Management is provided by CSUSA and departmental staff is included in Aventura City of Excellence School Budget Document. *** Management is provided by CSUSA and departmental staff is included in Don Soffer Aventura High School Fund Budget Document. **** The Community Development Department of the General Fund has employees allocated to and fully funded from the Building Fund. ***** (2) Police Officer's salary & benefits are included in ACES & DSAHS budget, for the City's Operating Budget this position is included in the Police Department position counts and salary & benefits are offset by reduction of amount billing schools. ****** The Public Works/Transportation Department of the General Fund has employees allocated to the Stormwater Fund. 88 Positions 2023/24 2024/25 2025/26 2026/27 2026/27 Total Full -Time 190.0 199.0 200.0 198.0 198.0 Total Part -Time 13.0 11.0 8.0 8.0 Total 203.0 210.0 208.0 206.0 202.0 Positions 2023/24 2024/25 2025/26 2026/27 2026/27 Total Full -Time 104.0 109.0 110.0 108.0 108.0 Total Part -Time 13.0 11.0 8.0 8.0 Total 117.0 120.0 118.0 116.0 112.0 Positions 2023/24 2024/25 2025/26 2026/27 2026/27 Total Full -Time Total 86.0 90.0 90.0 90.0 90.0 86.0 90.0 90.0 90.0 90.0 The rest of this page has intentionally been left blank 89 I Co Co \ \ 0 \ C \ & N Co& + \ I / N N N \ N O Co N : I — I 11 i / \ / j \ / o \ \ / \ / _ j � \ / O o 0 0 0 a O 4: 0 1 k) § 0 §} §$ §§ a o N M N N n W N CO N N N N N O CO W fA fA fA fA fA fA O fA fA fA fA fA fA V 0 O CO (O (O (O O N (O N N fA N fA N fA fA N fA fA N °o O CD N N CD N r CD N r O V V V fA fA fA fA fA fA (O (O (O (OCD V CD V CD V CD V fA fA fA fA fA fA I N I N I N O N N N O N N N m z z _ m u 4 H Jo • C O O = N C 0 O « 0 O C m C m } E m C O C w.i 0 0 m '0 7 ' p O 0 () W c I. N d I. 0) O 0 10 O « O E E O 0 O 0 cl } W W C W d I it , m E 0 C 0) N ° 0 1 c° C 0 O) ' N O_ 0 0) O N O N 4 N O 0 N N 0 N Z U Q 7 C 4 o m fl o Q.4 4 0 « 0 4 4 d E o _ O O C _ V d C a m LL - O) Fund Balance Analysis General Fund (001) An estimated savings of $3,926,913 will be put into CIP Reserve in the Non -Departmental Department of the General Fund to assist with any overages or unanticipated projects the City may encounter throughout the year. The bulk of this savings is due to the cuts that department directors were tasked with doing in preparation for the proposed property tax changes coming to the referendum vote in November 2026. Transportation/Street Maintenance Fund (120) An estimated $356,610 will be put into CIP Reserve in this fund to assist with any overages, unanticipated projects and/or future years projects. Citizens' Independent Transportation Trust (CITT) Fund (121) An estimated savings of $139,500 will be put into CIP Reserve in this fund to assist with any overages, unanticipated projects and/or future years projects. Stormwater Utility Fund (410) An estimated $1,140,325 will be used from the reserves to fund CIP in FY 2026/27. Oy City of Aventura Operating and Capital Budget Fiscal Year 2026/27 General Fund City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank GENERAL FUND EXPENDITURES BY DEPARTMENT/CATEGORY FISCAL YEAR 2026/27 DE CATEGORY ACTUAL ACTUAL AMENDED YTD ACTUAL COMMISSION AMOUNT AMOUNT BUDGET 2025/26 PROPOSAL 2023/24 2024/25 2025/26 2026/27 10 15 20 25 30 35 40 45 50 55 60 65 90 10 15 20 30 35 40 45 50 55 60 65 90 MAYOR & COMMISSION $341,748 $376,042 $452,420 $343,288 $470,937 CITY MANAGER $1,648,666 $1,197,687 $1,342,756 $1,143,269 $1,360,400 CITY CLERK $437,814 $468,457 $651,112 $381,985 $568,746 CITY ATTORNEY $460,496 $431,740 $535,950 $263,968 $570,000 FINANCE $1,160,011 $1,207,774 $1,443,006 $1,154,617 $1,490,631 HUMAN RESOURCES $291,219 $392,071 $448,841 $371,379 $446,571 INFORMATION TECHNOLOGY $1,097,937 $1,116,238 $1,644,434 $1,285,915 $1,466,103 POLICE $25,474,541 $26,128,378 $27,627,139 $24,023,219 $28,688,037 COMMUNITY DEVELOPMENT $581,991 $675,706 $618,732 $538,580 $550,347 COMMUNITY SERVICES $4,817,726 $6,317,848 $6,139,932 $5,249,415 $5,872,443 PW/TRANSPORTATION $3,618,814 $3,870,755 $3,247,721 $2,485,533 $3,025,560 AACC $1,417,839 $1,690,509 $1,578,335 $1,158,143 $1,692,855 NON -DEPARTMENTAL $3,092,461 $2,734,758 $2,737,578 $2,215,430 $2,391,540 SUBTOTAL $44,441,263 $46,607,964 $48,467,956 $40,614,742 $48,594,170 MAYOR & COMMISSION $0 $8,393 $1,300 $1,146 $0 CITY MANAGER $21,905 $4,265 $5,600 $2,125 $2,400 CITY CLERK $853 $2,059 $1,300 $1,146 $3,800 FINANCE $2,999 $9,946 $3,600 $2,486 $3,800 HUMAN RESOURCES $3,569 $11,263 $5,520 $4,363 $1,000 INFORMATION TECHNOLOGY $188,644 $126,988 $216,000 $64,648 $177,000 POLICE $763,488 $1,171,664 $1,744,232 $1,247,498 $839,505 COMMUNITY DEVELOPMENT $3,791 $2,301 $13,300 $4,020 $3,800 COMMUNITY SERVICES $1,316,444 $236,070 $232,000 $151,030 $134,750 PW/TRANSPORTATION $196,071 $405,078 $987,635 $575,063 $300,300 AACC $18,625 $319,945 $503,900 $221,802 $182,800 NON -DEPARTMENTAL $26,963 $3,414,558 $1,372,559 $0 $3,926,913 SUBTOTAL $2,543,351 $5,712,530 $5,086,946 $2,275,327 $5,576,068 0 GENERAL FUND EXPENDITURES BY DEPARTMENT/CATEGORY FISCAL YEAR 2026/27 DEP/CAT DEPARTMENT/CATEGORY ACTUAL ACTUAL AMENDED YTD ACTUAL COMMISSION # AMOUNT AMOUNT BUDGET 2025/26 PROPOSAL 2023/24 2024/25 2025/26 2026/27 7A DEBT SERVICE $87,250 $89,433 $77,945 $0 $665,030 8A OTHER GRANTS & AIDES $57,500 $82,500 $0 $0 $0 9A TRANSFERS OUT $6,552,801 $2,050,673 $3,699,831 $0 $2,039,164 SUBTOTAL $6,697,551 $2,222,606 $3,777,776 $0 $2,704,194 TOTAL EXPENDITURES/EXPENSES $53,682,166 $54,543,100 $57,332,678 $42,890,068 $56,874,432 GENERAL FUND REVENUES BY CATEGORY FISCAL YEAR 2026/27 ACTUAL ACTUAL AMENDED COMMISSION AMOUNT AMOUNT BUDGET YTD ACTUAL PROPOSAL CATEGORY 2023/24 2024/25 2025/26 2025/26 2026/27 AD VALOREM TAXES $20,744,917 $22,508,948 $23,766,685 $23,402,074 $24,002,500 UTLTY & LOG LEVD TXS $11,870,888 $12,309,338 $11,290,000 $8,981,387 $11,530,000 FRANCHISE FEES $5,682,995 $5,767,741 $5,120,000 $3,941,270 $5,318,500 LIC, PRMTS & IMPCT $260 $75 $5,000 $54,448 $25,000 INTERGOVERNMENTAL $5,693,620 $6,274,415 $5,670,371 $4,385,708 $5,123,676 CHARGES FOR SERVICES $5,789,647 $6,439,989 $4,975,735 $6,281,179 $5,590,735 FINES & FORFEITURES $4,159,413 $3,728,934 $2,740,000 $3,294,732 $2,945,000 INVESTMENT INCOME $3,973,025 $3,061,211 $1,751,870 $1,984,534 $1,500,000 MISCELLANEOUS $725,488 $402,790 $252,220 $348,976 $285,000 TRANSFERS IN $1,680,876 $626,613 $623,265 $0 $554,021 DEBT PROCEEDS $0 $58,375 $0 $0 $0 CARRYOVER $0 $0 $1,137,532 $0 $0 TOTAL REVENUE $60,321,130 $61,178,429 $57,332,678 $52,674,309 $56,874,432 GENERAL FUND EXPENDITURES BY CATEGORY FISCAL YEAR 2026/27 ACTUAL ACTUAL AMENDED COMMISSION AMOUNT AMOUNT BUDGET YTD ACTUAL PROPOSAL CATEGORY 2023/24 2024/25 2025/26 2025/26 2026/27 PERSONNEL $29,660,223 $30,390,192 $31,113,367 $27,143,431 $33,003,448 OPERATING $14,781,040 $16,217,771 $17,354,589 $13,471,310 $15,590,722 CAPITAL $2,543,351 $5,712,530 $5,086,946 $2,275,327 $5,576,068 DEBT SERVICE $87,250 $89,433 $77,945 $0 $665,030 OTHER GRANTS & AIDES $57,500 $82,500 $0 $0 $0 TRANSFERS OUT $6,552,801 $2,050,673 $3,699,831 $0 $2,039,164 TOTAL EXPENDITURES $53,682,166 $54,543,100 $57,332,678 $42,890,068 $56,874,432 01. City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Revenue Projections 0 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 100 Fiscal Year 2026/27 00100000 Revenue Projections Summary by Category General Fund Revenues Trend $70,000,000 $60,000,000 ■ Carryover 111111 / Debt Proceeds $50,000,000 Transfers In Miscellaneous $40,000,000 Investment Income ■ Fines & Forfeitures $30,000,000 Charges for Services ■ Intergovernmental $20,000,000 Licenses, Permits & Impact Fees Franchise Fees $10,000,000 ■ Utility & Locally Levied Taxes Ad Valorem Taxes Actual Actual Amended Commission Amount Amount Budget Proposal 2023/24 2024/25 2025/26 2026/27 Utility & Locally Levied Taxes Franchise Fees Licenses, Permits & Impact Fees Intergovernmental Charges for Services Fines & Forfeitures Investment Income Miscellaneous Transfers In Debt Proceeds Carryover 11,870,888 12,309,338 11,290,000 8,981,387 11,530,000 5,682,995 5,767,741 5,120,000 3,941,270 5,318,500 260 75 5,000 54,448 25,000 5,693,620 6,274,415 5,670,371 4,385,708 5,123,676 5,789,647 6,439,989 4,975,735 6,281,179 5,590,735 4,159,413 3,728,934 2,740,000 3,294,732 2,945,000 3,973,025 3,061,211 1,751,870 1,984,534 1,500,000 725,488 402,790 252,220 348,976 285,000 1,680,876 626,613 623,265 - 554,021 - 58,375 - - - - - 1,137,532 - - City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank GENERAL FUND REVENUE FISCAL YEAR 2026/27 00100000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 .D •- 311000 AD VALOREM TAXES -CURRENT $20,135,103 $21,737,438 $23,266,685 $22,655,145 $23,452,500 311010 AD VALOREM TAXES -DELINQUENT $609,814 $771,510 $500,000 $746,930 $550,000 SUBTOTAL $20,744,917 $22,508,948 $23,766,685 $23,402,074 $24,002,500 312520 LOCAL OPTION TAX -SEC 185 $599,490 $648,709 $525,000 $0 $575,000 314100 UTILITY SERVICE TAXES -ELECTRIC $6,496,675 $6,635,745 $6,310,000 $5,025,943 $6,400,000 314300 UTILITY SERVICE TAXES -WATER $1,893,667 $1,909,399 $1,650,000 $1,091,213 $1,620,000 314400 UTILITY SERVICE TAXES -GAS $31,018 $42,684 $30,000 $35,103 $35,000 315900 UTILITY SVC TAX -UNIFIED COM $1,701,154 $1,782,777 $1,675,000 $1,311,103 $1,700,000 316100 OCC LICENSE -LOCAL BUSINESS TAX $1,148,884 $1,290,023 $1,100,000 $1,518,026 $1,200,000 SUBTOTAL $11,870,888 $12,309,338 $11,290,000 $8,981,387 $11,530,000 323100 FRANCHISE FEES -ELECTRICITY $4,598,665 $4,590,650 $4,215,000 $2,981,844 $4,300,000 323400 FRANCHISE FEES -GAS $156,844 $176,212 $135,000 $126,921 $160,000 323700 FRANCHISE FEES -SOLID WASTE $927,486 $997,541 $750,000 $826,848 $850,000 323900 FRANCHISE FEES -TOWING $0 $3,338 $20,000 $5,657 $8,500 SUBTOTAL $5,682,995 $5,767,741 $5,120,000 $3,941,270 $5,318,500 329100 OTHER LIC & FEES-ENGIN PERMITS $260 $75 $5,000 $54,448 $25,000 SUBTOTAL $260 $75 $5,000 $54,448 $25,000 331220 FEDERAL GRANT -BULLETPROOF VEST $2,486 $0 $0 $0 $0 331230 FEDERAL GRANTS -JUSTICE ASST $6,053 $10,000 $0 $0 $0 331240 FEDERAL GRANTS-FEMA $5,919 $306,519 $0 $0 $0 331245 FEDERAL GRANTS $0 $401 $0 $0 $0 331250 COPS SECURE OUR SCHOOL $0 $106,125 $243,850 $243,475 $0 331750 CULTURE/RECREATION FDAP $0 $231,011 $0 $0 $0 334200 PUB SAFETY-MISC ST GRANTS $26,618 $25,250 $165,100 $8,856 $0 103 GENERAL FUND REVENUE FISCAL YEAR 2026/27 00100000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 334490 STATE CONTRACTS-MAINTAGR PMT $12,676 $3,169 $12,676 $12,676 $12,676 335125 STATE SHARED REV -REV SHARE $1,398,393 $1,404,886 $1,173,745 $1,054,593 $1,236,000 335150 STATE SHARED REV -ALCOHOL LIC $36,724 $34,848 $30,000 $31,625 $30,000 335180 STATE SHARED REV -HALF CENT TAX $4,158,970 $4,079,767 $4,000,000 $2,964,790 $3,800,000 337750 MPO TRANSIT STUDY $0 $0 $0 $25,000 $0 337900 COUNTY GRANTS - OTHER $0 $25,000 $0 $25,000 $0 338200 COUNTY -OCCUPATIONAL LICENSES $45,782 $47,439 $45,000 $19,694 $45,000 SUBTOTAL $5,693,620 $6,274,415 $5,670,371 $4,385,708 $5,123,676 341900 GEN GVT-ELECTION FILING FEES $900 ($100) $0 $0 $0 341910 GEN GVT-LIEN SEARCH FEES $81,251 $66,700 $50,000 $63,000 $180,000 342100 PUB SAFETY -POLICE DET BILLING $669,584 $728,004 $450,000 $981,785 $600,000 342110 PUB SAFETY -POLICE SVCS AGREEMT $1,635,238 $1,677,689 $1,715,735 $1,258,267 $1,715,735 342120 PUB SAFETY -CH SCHL OFFICERS $173,235 $0 $0 $0 $0 342500 PUB SAFETY-DEV REVIEW FEES $131,100 $313,478 $130,000 $111,100 $130,000 347200 SERVICE CHARGE -PARKS & REC $854,614 $1,237,642 $800,000 $1,341,838 $900,000 347210 SERVICE CHARGE -CRC FEES $844,836 $877,001 $700,000 $984,397 $775,000 347220 SERVICE CHARGE -MEMBERSHIP FEES $64,651 $139,858 $75,000 $99,350 $75,000 347250 SERVICE CHARGE -SUMMER REC PROG $752,640 $812,959 $550,000 $938,772 $650,000 347300 AACC-FEES AND RENTAL $568,099 $565,259 $485,000 $475,171 $545,000 347400 SERVICE CHARGE -FOUNDERS DAY $13,500 $21,500 $20,000 $27,500 $20,000 SUBTOTAL $5,789,647 $6,439,989 $4,975,735 $6,281,179 $5,590,735 351500 FINES -COUNTY COURT $266,851 $309,649 $240,000 $194,694 $270,000 354100 CODE ENFORCEMENT FINES $180,925 $78,419 $100,000 $101,798 $75,000 354200 INTERSECTION SAFETY PROGM $3,711,637 $3,079,838 $2,100,000 $2,843,845 $2,500,000 354300 SCHOOL ZONE VIOLATION REVENUE $0 $261,029 $300,000 $154,396 $100,000 SUBTOTAL $4,159,413 $3,728,934 $2,740,000 $3,294,732 $2,945,000 104 GENERAL FUND REVENUE FISCAL YEAR 2026/27 00100000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 • 361100 INTEREST EARNINGS -INVESTMENTS $3,973,025 $3,061,211 $1,751,870 $1,984,534 $1,500,000 SUBTOTAL $3,973,025 $3,061,211 $1,751,870 $1,984,534 $1,500,000 364000 DISPOSAL -SALE OF FIXED ASSETS 364500 UNCLAIMED -LOST -ABANDONED PROP 366100 MISC REVENUE -DEVELOPER CONTRIB 369350 MISC REVENUE-OPIOD SETTLEMENT 369900 MISC REVENUE -OTHER 369910 MISC REVENUE -CONVENIENCE FEE 369920 KIOSK REVENUE SUBTOTAL 381164 TRANSFER FR BUILDING FUND 381191 TRANSFER FR DSAHS SUBTOTAL 383200 INSTLMNT PURCH & CAP LEASE PRO SUBTOTAL 399900 CARRYOVER SUBTOTAL TOTAL GENERAL FUND REVENUE $123,083 $0 $500,000 $11,508 $38,915 $51,982 $0 $8,241 $74,736 $104,000 $10,391 $45,354 $77,867 $82,200 $5,000 $0 $0 $0 $28,220 $69,000 $150,000 $4,008 $0 $10,064 $7,066 $118,237 $88,839 $120,762 $5,000 $0 $0 $0 $35,000 $95,000 $150,000 $725,488 $402,790 $252,220 $348,976 $285,000 $536,500 $1,144,376 $626,613 $0 $623,265 $0 $0 $0 $554,021 $0 $1,680,876 $626,613 $623,265 $0 $554,021 $0 $58,375 $0 $0 $0 $0 $58,375 $0 $0 $0 $0 $0 $1,137,532 $0 $0 $0 $0 $1,137,532 $0 $0 $60,321,130 $61,178,429 $57,332,678 $52,674,309 $56,874,432 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Mayor & Commission City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 108 Departmental Budget Summary The City Commission is the community's legislative body which acts as the decision -making entity tV establishes policies and ordinances to meet the community's needs on a proactive basis. The C Commission is committed to providing the best possible professional government and the delivery quality service levels that reflect community priorities and maintain the quality of life for all residents. Mayor & Commission Trends $500,000 $450,000 $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 Actual Actual Amended Commission Amount Amount Budget Proposal 2023/24 2024/25 2025/26 2026/27 Capital Operating ■ Personnel Operating 186,637 196,312 255,965 145,178 254,047 Capital $ - $ 8,393 $ 1,300 $ 1,146 $ - I DR] Mayor & Commission Organization Chart Position Title 2023/T024/25 2025/26 026/27 Mayor 1.0 1.0 1.0 1.0 Commissioner 1.0 1.0 1.0 1.0 Commissioner 1.0 1.0 1.0 1.0 Commissioner 1.0 1.0 1.0 1.0 Commissioner 1.0 1.0 1.0 1.0 Commissioner 1.0 1.0 1.0 1.0 Commissioner 1.0 1.0 1.0 1.0 MAYOR & COMMISSION FISCAL YEAR 2026/27 00110000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 512000 REGULAR SALARIES $54,660 $54,196 $55,000 $71,544 $55,000 521000 FICA & MEDICARE TAXES $11,075 $12,027 $14,364 $10,578 $11,980 523000 HEALTH, LIFE & DISABILITY $89,023 $113,109 $126,842 $115,631 $149,492 524000 WORKERS' COMPENSATION $353 $398 $249 $357 $418 SUBTOTAL $155,111 $179,730 $196,455 $198,110 $216,890 540000 TRAVEL & PER DIEM $10,207 $17,866 $15,000 $14,586 $27,100 540010 LEGISLATIVE EXPENSES $103,798 $131,697 $132,765 $90,765 $136,747 548070 EVENTS & SPONSORSHIPS $14,254 $4,571 $12,500 $3,504 $14,400 551000 OFFICE SUPPLIES $955 $1,750 $1,500 $434 $1,000 552060 OTHER OPERATING SUPPLIES $8,095 $13,247 $20,000 $4,906 $20,000 554000 SUBSCRIPTIONS & MEMBERSHIPS $20,122 $15,222 $22,000 $28,579 $18,900 555000 CONFERENCES/SEMINARS/TRAINING $29,206 $11,960 $52,200 $2,404 $35,900 SUBTOTAL $186,637 $196,312 $255,965 $145,178 $254,047 664010 COMPUTER EQUIPMENT<$5.000 $5,000 $0 $8,393 $1,300 $1,146 $0 SUBTOTAL $0 $8,393 $1,300 $1,146 $0 TOTAL MAYOR & COMMISSION $341,748 $384,435 $453,720 $344,433 $470,937 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank "Pa City of Aventura Operating and Capital Budget Fiscal Year 2026/27 City Manager "K3 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank Departmental Budget Summary The Office of the City Manager maintains a City government structure that represents the needs of the community and provides quality services in an efficient, businesslike and professional manner. Responsible for the overall management of all functions and activities of the City's operations, preparation of the annual budget and 5 -year CIP document and ensures the proper implementation of policies and ordinances adopted by the City Commission. The Office of the City Manager provides recommendations and solutions to community concerns and utilizes a customer service focus process to respond to citizen requests. City Manager Trends $1,800,000 _ $1,600,000 $1,400,000 $1,200,000 { $1,000,000 $800,000 $600,000 $400,000 $200,000 Actual Actual Amended Commission Amount Amount Budget Proposal 2023/24 2024/25 2025/26 2026/27 ■ Other Grants & Aides Capital Operating ■ Personnel Personnel 677,075 Operating 382,212 316,897 714,235 582,337 683,325 Capital $ 21,905 $ 4,265 $ 5,600 $ 2,125 $ 2,400 Other Grants & Aides 57,500 82,500 - - - . City Manager Organization Chart Budgeted Personnel Allocation Summary City Manager Assistant City Manager Communications Manager Secretary to the City Manager* Executive Assistant to the City Manager Multimedia Specialist (F/T) Multimedia Specialist (P/T) 1.0 1.0 1.0 1.0 1.0 1.0 - - 1.0 1.0 1.0 1.0 i- *This Position was reclassified to Executive Assistant to the City Manager Fiscal Year 2026/27 Objectives 1. Provide completed reports and recommendations on a timely basis upon which the City Commission can make policy decisions. 2. Prepare and submit budget to the City Commission by mid -July of each year. 3. Oversee customer service functions by all Departments to ensure timely response or resolution of citizen requests. 4. Coordinate, control and monitor the activities of all City Departments and operations. 5. Interact with community organizations and associations to increase public awareness of City's various programs, facilities and services. 6. Update 5 -year Capital Improvement Program document and submit to the City Commission by July of each year. 7. Effectively administer the budget priorities and goals established by the City Commission. 8. Perform the functions of Director of Emergency Management to provide for an effective emergency response capability for all City operations. 9• Coordinate with Charter Schools USA (CSUSA) to oversee day-to-day operations and annual budgets of the Aventura City of Excellence School and the Don Soffer Aventura High School and managing the construction of the new Aventura High School. 10. Oversee capital projects. 11. Issue annual report to the public. 12. Update and enhance the City's website to become more user-friendly. 13. Maintain City provided web content and services while addressing departmental and customer needs on cityofaventura.com. 14. Maintain the City's intranet in order to provide routine and timely information to City staff. 15. Coordinate an efficient communications strategy to deliver consistent messaging across the City's websites, email, print and social media to the City's customers. 16. Create, produce and coordinate the distribution of the City's periodical publications including newsletters and the annual report. Performance Measures and Scorecard Citizen Requests & Inquires 3, 5 281 275 250 275 N Commission Requests 1 147 175 200 215 fD Community Meetings Attended 5 66 50 55 60 N n d < o C) m N i N Agenda Back up Items Prepared 1 90 100 100 105 o N M a G No. of Newsletters & Reports Issued N/A NA NA NA NA Y rt m N C Annual Budget & CIP Prepared 2,6&7 2 2 2 2 O N School Budget 9 2 2 2 2 3 6 Capital Projects 6&10 15 10 10 10 School Advisory Committee Meetings 5 12 8 8 8 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank CITY MANAGER FISCAL YEAR 2026/27 00115000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 512000 REGULAR SALARIES $1,007,344 $650,137 $439,923 $401,241 $468,530 514000 OVERTIME $119 $0 $0 $0 $0 521000 FICA & MEDICARE TAXES $48,777 $39,557 $33,654 $25,938 $35,191 522000 CITY PENSION CONTRIBUTION $109,631 $83,403 $73,022 $64,517 $77,977 523000 HEALTH, LIFE & DISABILITY $98,348 $106,243 $81,339 $68,334 $94,344 524000 WORKERS' COMPENSATION $2,235 $1,451 $583 $902 $1,033 SUBTOTAL $1,266,455 $880,790 $628,521 $560,933 $677,075 531070 OTHER PROFESSIONAL SERVICES $1,400 $0 $0 $0 $0 531090 LOBBYIST SERVICES $60,180 $88,810 $204,135 $180,135 $204,000 534090 SOCIAL MEDIA $182,333 $115,157 $300,000 $276,176 $309,000 540000 TRAVEL & PER DIEM $1,571 $1,839 $8,000 $2,098 $5,700 540030 CAR ALLOWANCE $6,000 $550 $0 $0 $0 541000 COMMUNICATION SERVICES $15,558 $17,472 $17,400 $12,150 $14,280 544000 LEASED EQUIPMENT $27,023 $24,616 $17,500 $21,850 $18,000 546030 REPAIRS & MAINTENANCE -OFF EQ $11,708 $9,632 $33,000 $8,598 $30,000 547000 PRINTING AND BINDING $656 $2,169 $1,000 $998 $1,000 547010 NEWSLETTER $4,411 $0 $30,000 $0 $0 551000 OFFICE SUPPLIES $1,714 $1,008 $3,500 $0 $1,000 551010 COMPUTER OPERATING SUPPLIES $2,000 $20 $2,000 $157 $500 552000 GAS & OIL $4,353 $5,936 $7,500 $5,566 $6,500 552060 OTHER OPERATING SUPPLIES $3,331 $8,035 $18,200 $20,236 $15,000 554000 SUBSCRIPTIONS & MEMBERSHIPS $8,170 $10,515 $10,000 $1,013 $7,000 554010 COMPUTER SUBSCRIPTIONS $37,302 $18,680 $48,000 $52,736 $48,695 555000 CONFERENCES/SEMINARS/TRAINING $900 $4,038 $7,500 $624 $7,650 599000 CONTINGENCY $13,601 $8,421 $6,500 $0 $15,000 SUBTOTAL $382,212 $316,897 $714,235 $582,337 $683,325 664010 COMPUTER EQUIPMENT < $5,000 $13,039 $4,265 $5,600 $2,125 119 $2,400 _ CITY MANAGER FISCAL YEAR 2026/27 00115000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 664080 >$5000 EQUIPMENT $8,866 $0 $0 $0 $0 SUBTOTAL $21,905 $4,265 $5,600 $2,125 $2,400 883000 OTHER GRANTS & AIDES $57,500 $82,500 $0 $0 $0 SUBTOTAL $57,500 $82,500 $0 $0 $0 TOTAL CITY MANAGER $1,728,071 $1,284,452 $1,348,356 $1,145,395 $1,362,800 120 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 City Clerk City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank Departmental Budget Summary To record and maintain an accurate record of the official actions of the City Commission and Advisory Boards. The City Clerk serves as the local Elections Supervisor, provides notice of all required meetings, effects legal advertising and responds to public records requests. The City Clerk implements and maintains records management programs and administers the publication and supplement of the City Code, as well as amendments to the City Charter. The Office maintains custody of the City Seal and all City records, assists in the preparation of agenda items, prepares and distributes agenda packages and provides recaps of applicable meetings. Additionally, the Office of the City Clerk provides certain administrative support to the City Commission and assists the City Manager's Office with special projects. City Clerk Trends $700,000 $600,000 $500,000 $400,000 $300,000 ______ $200,000 $100,000 $- Actual Actual Amended Amount Amount Budget 2023/24 2024/25 2025/26 Commission Proposal 2026/27 Capital Operating ■ Personnel Operating 57,761 68,698 125,665 40,034 143,610 Capital $ 853 $ 2,059 $ 1,300 $ 1,146 $ 3,800 123 City Clerk Organization Chart Budgeted Personnel Allocation Summary City Clerk 1.0 1.0 Deputy City Clerk - 1.0 Executive Assistant to City Clerk 1.0 1.0 Administrative Assistant 1* 0.5 0.5 * Allocated 50% with the Community Services Department 1.0 1.0 1.0 0.5 1.0 1.0 0.5 124 G* Fiscal Year 2026/27 Objectives 1. To prepare and/or maintain accurate minutes of the proceedings of the City Commission, Local Planning Agency, and applicable Advisory Boards and other Committees of the City, as well as provide recaps of Commission and other applicable meetings. 2. To publish and post public notices as required by law. 3. To maintain custody of applicable City records and promulgate procedures for the orderly management, maintenance, retention, imaging and destruction of said records. 4. To provide administrative support to the City Commission, including the preparation of proclamations and certain recognition certificates. 5. To administer the publication and maintenance of the City Charter and Code of Ordinances, including amendments and approved supplements to same, as well as Resolutions adopted by the City Commission. 6. To conduct the City of Aventura municipal general and special elections in accordance with City, County and State laws. 7. To establish and coordinate the City's records management program in compliance with State law. 8. To effect legal advertising to fulfill statutory requirements of local and State laws. 9. To prepare and provide for the distribution of Commission meeting and other applicable meeting agenda packages, including placement of same on the City's website. 10. To respond to requests for information and public records in a timely manner. Performance Measures and Scorecard rri 1 No. of Sets of Minutes Prepared Approved 1 59 53 55 48 I No. of Public Notices Prepared Posted 2 103 108 81 81 No. of Legal Advertisements Published 2 & 8 32 29 24 20 N CD T No. of Ordinances Prepared Enacted 5 21 19 14 10 N n q, No. of Resolutions Pre ared Enacted p / 5 88 73 57 57 o m T 3 a Q No. of Agenda Packages o Prepared/Distributed/Posted 9 55 50 45 42 9, Q Q .. 0 Y _ 3 No. of Agenda Recaps Prepared/Distributed 1 32 28 22 18 O 3 a No. of Proclamations Issued 4 34 36 30 20 No. of Records Disposition Per State Law* 3 & 7 457 309 288 288 No. of Commission Candidates Qualified for Election** 6 8 - 4 - * Amount listed in cubic feet ** Includes Regular & Special Elections f621 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank CITY CLERK FISCAL YEAR 2026/27 00120000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 512000 REGULAR SALARIES $268,476 $284,447 $368,991 $252,121 $302,926 514000 OVERTIME $1,653 $1,472 $5,000 $1,055 $5,000 521000 FICA & MEDICARE TAXES $19,406 $20,343 $28,610 $18,130 $23,135 522000 CITY PENSION CONTRIBUTION $36,984 $38,800 $53,639 $35,062 $44,943 523000 HEALTH, LIFE & DISABILITY $52,926 $54,055 $68,718 $35,063 $48,872 524000 WORKERS' COMPENSATION $608 $641 $489 $520 $260 SUBTOTAL $380,054 $399,758 $525,447 $341,951 $425,136 534100 RECORDS RETENTION $1,530 $1,375 $4,500 $3,565 $4,500 534110 ORDINANCE CODIFICATION $5,842 $0 $1,300 $0 $1,300 540000 TRAVEL & PER DIEM $1,557 $1,340 $3,000 $0 $3,000 540030 CAR ALLOWANCE $6,000 $6,000 $6,000 $5,500 $6,000 541000 COMMUNICATION SERVICES $840 $1,080 $2,040 $990 $1,560 547000 PRINTING AND BINDING $1,068 $72 $1,500 $0 $1,500 548060 ADVERTISING $31,625 $33,575 $50,000 $22,766 $30,000 549000 ELECTION EXP $1,539 $7,045 $35,000 $0 $30,000 551000 OFFICE SUPPLIES $2,516 $903 $3,500 $392 $3,500 551010 COMPUTER OPERATING SUPPLIES $0 $0 $500 $0 $500 552060 OTHER OPERATING SUPPLIES $682 $961 $1,750 $0 $1,750 554000 SUBSCRIPTIONS & MEMBERSHIPS $3,352 $1,658 $3,000 $306 $3,000 554010 COMPUTER SUBSCRIPTIONS $62 $12,574 $10,075 $6,441 $53,500 555000 CONFERENCES/SEMINARS/TRAINING $1,148 $2,115 $3,500 $75 $3,500 SUBTOTAL $57,761 $68,698 $125,665 $40,034 $143,610 664010 COMPUTER EQUIPMENT<$5.000 $5,000 $853 $2,059 $1,300 $1,146 $3,800 SUBTOTAL $853 $2,059 $1,300 $1,146 $3,800 TOTAL CITY CLERK $438,668 $470,516 $652,412 $383,130 $572,546 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 128 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 City Attorney f6] City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 130 Departmental Budget Summary Department Description The City Attorney provides legal support and advice to the City Commission, City Manager, Department Directors and advisory boards on all legal issues affecting the City. City Attorney Trends $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 4 4 Actual Actual Amended Commission Amount Amount Budget Proposal 2023/24 2024/25 2025/26 2026/27 Operating Operating $ 460,496 $ 431,740 $ 535,950 $ 263,968 $ 570,000 Fiscal Year 2026/27 Objectives 1. Ensure that the various rules, laws and requirements of state, local and federal governments are understood and followed by the City. 2. Review and preparation of contracts, ordinances and resolutions. 3. Represent the City in litigation matters. 4. Provide legal support services to the City Commission, Staff and City Boards. Performance Measures and Scorecard .1 S. Positive compliance with all rules and regulations 1, 2 & 4 c y 0 m Q C c Number of documents prepared 1&2 0 Litigation is avoided or concluded to the City's satisfaction 1, 2, 3 & 4 a 3 n O Number of meetings attended 1 & 4 CITY ATTORNEY FISCAL YEAR 2026/27 00125000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 531050 LEGAL FEES $460,496 $431,740 $535,950 $263,968 $570,000 SUBTOTAL $460,496 $431,740 $535,950 $263,968 $570,000 TOTAL CITY ATTORNEY $460,496 $431,740 $535,950 $263,968 $570,000 133 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 134 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Finance City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank Departmental Budget Summary Department Description The Finance Department provides overall financial and support services to the organization which includes accounting, cash management, purchasing, financial planning and budgetary control. Finance Trends $1,600,000 $1,400,000 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 Actual Actual Amended Commission Amount Amount Budget Proposal 2023/24 2024/25 2025/26 2026/27 Capital Operating ■ Personnel Operating 97,578 107,304 285,380 105,134 263,985 Capital $ 2,999 $ 9,946 $ 3,600 $ 2,486 $ 3,800 Finance Organization Chart .. . . . 2023/24 2024/25 2025/26 2026/27 Finance Director 1.0 jr 1.0 W 1.0 1.0 Controller 1.0 1.0 1.0 1.0 Budget Manager 1.0 1.0 1.0 1.0 Procurement Manager* 1.0 1.0 1.0 1.0 Accountant 2.0 2.0 2.0 2.0 Customer Service Representative II 1.0 1.0 1.0 1.0 * During FY 2025/26, the Purchasing Agent was reclassified to Purchasing Manager 138 Fiscal Year 2026/27 Objectives 1. Invest idle funds in accordance with the City's Investment Policy 100% of the time. 2. Issue Annual Comprehensive Financial Report ("Annual Report") by March 31st of each year. 3. Obtain Government Finance Officers Association's Certificate of Achievement for Excellence in Financial Reporting for the Annual Report each year. 4. Obtain Government Finance Officers Association's Distinguished Budget Presentation Award for the City's Annual Operating and Capital Budget each year. 5. Obtain Government Finance Officers Association Popular Annual Financial Reporting Award for the Popular Annual Financial Report each year. 6. Produce/distribute quarterly financial monitoring reports within 30 days of quarter -end. 7. Annual citywide training of purchasing procedures. 8. Convert requisitions to purchase orders within nine (9) days of approval. 9. Process all invoices within ten (10) business days of approval. 10. Process bi-weekly payroll/related reports in a timely and accurate manner. 11. Obtain Florida Assoication of Public Procurement Officials, Inc. (FAPPO) - Award for Excellence in Public Procurement & Best Practice Award. 12. Obtain the National Procurement Institute (NPI) - The Achievement of Excellence in Procurement (AEP) Award. 13. Obtain the National Institute of Governmental Purchasing, Inc. (NIGP) - Agency Advancement Award. 14. Obtain the National Institute of Governmental Purchasing, Inc. (NIGP) - Accreditation for Quality Public Procurement Departments (QPPD). The rest of this page has intentionally been left blank Fiscal Year 2026/27 Performance Measures and Scorecard •. .. % of idle funds invested in accordance with policy 1 100% 100% 100% 100% Number of Annual Reports issued prior to 3/31 2 - 2 2 2 NumberNumberoT3I-UAAwardsreceived 34&5 3 3 3 3 Number of quarterly reports produced timely 6 4 3 4 4 cn Number of procurement agency awards received 11,12,13&14 - - - 1 of 4 , a Average days to convert a requisition to a .PO 8 * * 11.10 9 a n 93 a o o %ofnvo n 10 days invoices processed withi 9 99% * 99% 99% o a Number of bi-weekly payroll processed timely 10 26 26 26 26 rr Assist the City Manager in the development, preparation and administration of: - City's Annual Budget - Capital Improvement Program - ACES and the DSAHS Budgets (in collaboration with CSUSA) 4 4 4 4 4 *Data unavailable The rest of this page has intentionally been left blank 140 FINANCE FISCAL YEAR 2026/27 00130000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 512000 REGULAR SALARIES $762,009 $795,970 $838,686 $781,964 $887,460 521000 FICA & MEDICARE TAXES $55,487 $57,831 $64,162 $57,374 $66,795 522000 CITY PENSION CONTRIBUTION $107,406 $112,444 $120,871 $104,377 $127,450 523000 HEALTH, LIFE & DISABILITY $135,840 $132,460 $132,793 $104,035 $142,972 524000 WORKERS' COMPENSATION $1,691 $1,765 $1,114 $1,732 $1,969 SUBTOTAL $1,062,433 $1,100,470 $1,157,626 $1,049,483 $1,226,646 531070 OTHER PROFESSIONAL SERVICES $13,033 $4,010 $4,600 $876 $4,600 532000 ACCOUNTING & AUDITING $55,617 $63,917 $89,100 $82,550 $89,100 540000 TRAVEL & PER DIEM $6,286 $6,647 $12,675 $4,850 $11,645 540030 CAR ALLOWANCE $6,000 $6,000 $6,000 $5,500 $6,000 541000 COMMUNICATION SERVICES $840 $840 $840 $770 $840 542000 POSTAGE $0 $0 $0 $2,259 547000 PRINTING AND BINDING $2,614 $1,394 $3,500 $928 $2,500 548060 ADVERTISING $205 $0 $5,000 $0 $2,000 551000 OFFICE SUPPLIES $2,147 $1,861 $4,000 $1,583 $2,500 551010 COMPUTER OPERATING SUPPLIES $0 $0 $2,000 $146 $750 552060 OTHER OPERATING SUPPLIES $0 $781 $2,250 $1,071 $3,850 554000 SUBSCRIPTIONS & MEMBERSHIPS $4,160 $2,989 $5,535 $1,197 $6,125 554010 COMPUTER SUBSCRIPTIONS $225 $14,000 $142,210 $0 $129,000 555000 CONFERENCES/SEMINARS/TRAINING $6,294 $4,130 $7,170 $3,404 $4,575 599000 CONTINGENCY $158 $734 $500 $1 $500 SUBTOTAL $97,578 $107,304 $285,380 $105,134 $263,985 664010 COMPUTER EQUIPMENT < $5,000 $2,999 $9,946 $3,600 $2,486 $3,800 SUBTOTAL $2,999 $9,946 $3,600 $2,486 $3,800 TOTAL FINANCE $1,163,010 $1,217,720 $1,446,606 $1,157,104 $1,494,431 iEI City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Human Resources 143 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 144 Departmental Budget Summary Department Description ormerly included as part of the Finance Department, the Human Resources Department was created in F 022/23 and provides overall financial and support services to the organization which includes personne nanagement and risk management. Human Resources Trends $500,000 $450,000 $400,000 $350,000 $300,000 $250,000 iiI $200,000 $150,000 $100,000 $ 50,000 Actual Amount Actual Amount Amended Commission 2023/24 2024/25 Budget Proposal 2025/26 2026/27 Capital Operating ■ Personnel Operating 106,243 148,628 190,820 131,606 158,795 Capital $ 3,569 $ 11,263 $ 5,520 $ 4,363 $ 1,000 . IE61 Human Resources Organization Chart Budgeted Personnel Allocation Summary Human Resources Director FW1.0 Human Resources Specialist** 0.5 Human Resources Assistant 0.5 Human Resources Assistant (P/T)* 1.0 • ®P V •• �r * Human Resources Assistant changed to full-time 10/1/2024 1.0 M ** Human Resources Assistant reclassified as Human Resources Specialist 4/1/2025 Fiscal Year 2026/27 Objectives 1. Maintain an effective personnel system to allow for timely recruitment and retention of employees. 2. Partner with departments to provide guidance and consultation on human resources matters. 3. Audit human resources practices and processes to ensure efficiency and compliance with state and federal laws. 4. Prepare and maintain the comprehensive pay plan to ensure competitiveness with the job market. 5. Automate and support the entire employee life cycle, streamlining processes and diversity initiatives. 6. Annually review adequacy of insurance coverage. 7 Work closely with all departments in an effort to protect the City's financial, physical, and human resources in connection with occupational health and safety, loss control, claims management, insurance and risk. Performance Measures and Scorecard Annual staff development and training 2 3 2 5 3 U) CD Annually review adequacy of insurance CD coverage 6 1 1 1 1 T c- Q Employee Engagement Events 1&5 15 10 10 8 9, Q n rt Number of New Hires - Full-time 1&4 28 27 24 27 Mo Q O •* Number of New Hires - Part-time 1 & 4 14 9 3 13 rr Workers Comp Claims filed 2, 6 & 7 21 26 21 22 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 148 HUMAN RESOURCES FISCAL YEAR 2026/27 00135000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 512000 REGULAR SALARIES $142,437 $179,188 $189,106 $177,139 $207,515 514000 OVERTIME $236 $0 $500 $0 $500 521000 FICA & MEDICARE TAXES $11,302 $14,058 $14,505 $13,805 $16,117 522000 CITY PENSION CONTRIBUTION $18,286 $25,564 $28,366 $25,737 $31,213 523000 HEALTH, LIFE & DISABILITY $12,386 $24,226 $25,293 $22,689 $31,956 524000 WORKERS' COMPENSATION $329 $408 $251 $402 $475 SUBTOTAL $184,976 $243,443 $258,021 $239,772 $287,776 531070 OTHER PROFESSIONAL SERVICES $1,313 $4,803 $11,000 $5,673 $8,100 531110 MEDICAL EXAMS $3,673 $3,077 $4,500 $664 $3,000 540000 TRAVEL & PER DIEM $6,080 $2,977 $8,500 $828 $6,655 540030 CAR ALLOWANCE $6,000 $6,000 $6,000 $5,500 $6,000 541000 COMMUNICATION SERVICES $840 $1,020 $1,320 $935 $1,320 547000 PRINTING AND BINDING $1,406 $196 $1,400 $1,521 $500 548000 EMPLOYEE ENGAGEMENT PROGRAMS $27,547 $34,246 $36,000 $25,786 $26,000 548060 ADVERTISING $10,576 $13,288 $15,000 $1,846 $9,000 551000 OFFICE SUPPLIES $1,182 $1,006 $2,000 $455 $1,500 551010 COMPUTER OPERATING SUPPLIES $0 $0 $500 $0 $500 552060 OTHER OPERATING SUPPLIES $0 $0 $5,000 $2,637 $1,500 554000 SUBSCRIPTIONS & MEMBERSHIPS $1,251 $915 $1,300 $100 $1,075 554010 COMPUTER SUBSCRIPTIONS $42,676 $77,214 $84,200 $81,968 $86,000 555000 CONFERENCES/SEMINARS/TRAINING $3,398 $3,885 $13,100 $3,694 $6,645 599000 CONTINGENCY $300 $0 $1,000 $0 $1,000 SUBTOTAL $106,243 $148,628 $190,820 $131,606 $158,795 664010 COMPUTER EQUIPMENT<$5.000 $5,000 $2,480 $2,059 $2,300 $1,146 $1,000 664080 >$5000 EQUIPMENT $0 $0 $3,220 $3,217 $0 IE e] _ HUMAN RESOURCES FISCAL YEAR 2026/27 00135000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 664090 <$5000 EQUIPMENT $1,088 $9,204 $0 $0 $0 SUBTOTAL $3,569 $11,263 $5,520 $4,363 $1,000 TOTAL HUMAN RESOURCES $294,787 $403,334 $454,361 $375,741 $447,571 150 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Information Technology City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank Departmental Budget Summary Department Description The Information Technology Department provides a secure computing environment that allows for efficient processing of City related business. Information Technology Trends $2,000,000 $1,800,000 Illlh $1,600,000 $1,400,000 $1,200,000 0 1 Capital $1,000,000 Operating $800,000 ■ Personnel $600,000 1111 $400,000 $200,000 $- Actual Actual Amended Commission Amount Amount Budget Proposal 2023/24 2024/25 2025/26 2026/27 Personnel Operating Capital 411,146 270,119 756,800 500,863 188,644 $ 126,988 $ 216,000 950,603 515,500 64,648 $ 177,000 153 Information Technology Organization Chart Budgeted Personnel Allocation Summary Position Title 2023/24 2024/25 2025/26 2026/27 Information Technology Director 1.0 1.0 1.0 1.0 Assistant IT Director 1.0 - - - IT Operations/Cybersecurity Manager* - 1.0 1.0 1.0 Senior Network Administrator** 1.0 1.0 1.0 1.0 Network Administrator*** 1.0 1.0 1.0 1.0 IT Project Manager - 1.0 1.0 1.0 IT Support Specialist**** 1.0 1.0 1.0 1.0 ..r * IT Operations Manager renamed during FY 2023/24 to add Cybersecurity ** Network Administrator II renamed during FY 2023/24 to Senior Network Administrator ***Network Administrator I renamed during FY 2023/24 to Network Administrator ****IT Support/Project Specialist renamed during FY 2023/24 to IT Support Specialist 154 Fiscal Year 2026/27 Objectives 1. Implement and maintain reliable and secure network infrastructure for City operations and communications. 2. Provide and support end -user computing equipment, including City workstations and related devices. 3. Maintain and support server infrastructure, including physical, virtual and cloud computing. 4. Provide responsive, high -quality help desk and technical support services to City staff. 5. Provide training on computer applications and technology -related topics to City staff. 6. Plan, manage, and implement lifecycle replacement and upgrade of IT hardware and software assets. 7. Ensure data security, backup, disaster recovery, and business continuity capabilities. 8. Support and expand digital services and e -government solutions for internal and public use. Performance Measures and Scorecard ________ r i ::;z of time computer network is operational 1, 2, 3 & 4 99% 99% 99% 99% 0 of time ACES computer network is N operational 1, 2, 3 & 4 99% N/A N/A N/A 0 N m Number of workstations supported 2 & 3 1,600 300 300 300 a a Number of physical servers supported 1, 3 & 4 20 16 16 16 0 p' O Number ot virtual servers supported 1, 3 & 4 46 48 48 46 L rt 0 Number of e p desk support cases 1, 2, 3, 4, 5,7 & 8 4,482 3,917 4,200 4,200 NumberNumberottrainingsessionsheld 6 8 15 15 8 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank INFORMATION TECHNOLOGY FISCAL YEAR 2026/27 00140000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 512000 REGULAR SALARIES $477,941 $587,457 $611,041 $543,625 $643,659 521000 FICA & MEDICARE TAXES $35,921 $43,924 $46,745 $40,669 $47,803 522000 CITY PENSION CONTRIBUTION $67,136 $80,060 $87,083 $75,133 $91,789 523000 HEALTH, LIFE & DISABILITY $104,720 $133,372 $141,955 $124,413 $165,919 524000 WORKERS' COMPENSATION $1,073 $1,306 $810 $1,212 $1,433 SUBTOTAL $686,791 $846,119 $887,634 $785,052 $950,603 531070 OTHER PROFESSIONAL SERVICES $14,458 $4,405 $17,000 $9,616 $17,000 540000 TRAVEL & PER DIEM $3,621 $5,135 $9,000 $2,404 $10,900 540030 CAR ALLOWANCE $5,760 $6,000 $6,000 $5,500 $6,000 541000 COMMUNICATION SERVICES $6,521 $7,450 $8,400 $6,825 $8,400 546030 REPAIRS & MAINTENANCE -OFF EQ $169,139 $127,481 $205,000 $85,865 $130,000 547000 PRINTING AND BINDING $369 $72 $500 $0 $500 551000 OFFICE SUPPLIES $1,290 $1,806 $2,000 $87 $2,000 551010 COMPUTER OPERATING SUPPLIES $9,213 $10,790 $10,000 $1,161 $15,000 554000 SUBSCRIPTIONS & MEMBERSHIPS $300 $820 $1,400 $300 $1,400 554010 COMPUTER SUBSCRIPTIONS $193,294 $101,141 $478,000 $381,611 $316,975 555000 CONFERENCES/SEMINARS/TRAINING $7,180 $5,020 $9,500 $3,245 $4,825 555010 EDUCATIONAL ASSISTANCE $0 $0 $10,000 $4,249 $2,500 SUBTOTAL $411,146 $270,119 $756,800 $500,863 $515,500 664000 COMPUTER EQUIPMENT > $5,000 $182,810 $120,292 $210,000 $58,787 $170,000 664010 COMPUTER EQUIPMENT < $5,000 $5,834 $6,697 $6,000 $5,862 $7,000 SUBTOTAL $188,644 $126,988 $216,000 $64,648 $177,000 TOTAL INFORMATION TECHNOLOGY $1,286,582 $1,243,226 $1,860,434 $1,350,564 $1,643,103 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 158 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Police City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 11:31] Departmental Budget Summary Department Description The Police Department is a professional, full -service, community -focused agency committed to timely, effective responses to all calls for service, thorough investigations, and the successful prosecution of offenders, while fostering strong community partnerships that advance public safety, prevent crime, and enhance overall quality of life. Police Trends $35,000,000 $30,000,000 $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000 Actual Actual Amended Commission Amount Amount Budget Proposal 2023/24 2024/25 2025/26 2026/27 ■ Debt Service Capital Operating ■ Personnel Operating 2,613,763 3,206,923 3,775,780 3,067,791 2,986,570 Capital $ 763,488 $ 1,171,664 $ 1,744,232 $ 1,247,498 $ 839,505 Debt Service 68,627 68,627 68,630 - 644,265 . . .x ii. - *vr� 4w/* Chief of Police Internal Affairs Deputy Chief of Police Staff inspection/ Accreditation Executive Assistant Administrative Services Major Sergeant (1) Training Officer (2) 911 Manager Comm Supervisor (4) Comm Officer III (4) Comm Officer II (3) Comm Officer (4) Records Manager Records Supervisor Records Clerk (3) Fleet Mgr/Quartermaster Emergency Vehicle Technician Fleet Maintenance Worker Personnel/Training Specialist (2) Diciital Evidence Clerk Operations Major Captain (2) Sergeant (10) Patrol Officer (54) Community Policing Officer (2) Marine Patrol Officer (1) Police Service Aide (4) School Resource Officer (2) * (1) Allocated to ACES * (1) Allocated to DSAHS Crime Prevention Coordinator Traffic Officer (5) Specialized Services Major Captain (1) Sergeant (1) Detective (11) Property Room/ Crime Scene Supervisor Crime Scene/ Property Room Custodian II Crime Scene/ Property Room Custodian I Task Force Detective (1) Police Budgeted Personnel Allocation Summary Chief of Police 1.0 1.0 1.0 1.0 Deputy Chief of Police - 1.0 1.0 1.0 Major 3.0 3.0 3.0 3.0 Captain 5.0 3.0 3.0 3.0 Sergeant 13.0 12.0 12.0 12.0 Detective 12.0 12.0 12.0 12.0 Police Officer 61.0 66.0 66.0 66.0 Crime Prevention Coordinator 1.0 1.0 1.0 1.0 Property Room/Crime Scene Supervisor 1.0 1.0 1.0 1.0 Crime Scene/Property Room Custodian II 1.0 1.0 1.0 1.0 Crime Scene/Property Room Custodian I 1.0 1.0 1.0 1.0 Police Service Aide 4.0 4.0 4.0 4.0 Records Manager 1.0 1.0 1.0 1.0 Records Clerk 3.0 3.0 3.0 3.0 Public Records Specialist* 1.0 - - - Records Supervisor - 1.0 1.0 1.0 911 Manager 1.0 1.0 1.0 1.0 Police Communication Supervisor 4.0 4.0 4.0 4.0 Police Communication Officer III 4.0 4.0 4.0 4.0 Police Communication Officer II 3.0 3.0 3.0 3.0 Police Communication Officer 4.0 4.0 4.0 4.0 Executive Assistant 1.0 1.0 1.0 1.0 Administrative Assistant III 1.0 1.0 1.0 - Digital Evidence Clerk - - - 1.0 Personnel &Training Specialist 2.0 2.0 2.0 2.0 Fleet Manager/Quartermaster 1.0 1.0 1.0 1.0 Emergency Vehicle Technician 1.0 1.0 1.0 1.0 Fleet Maintenance Worker 1.0 A 1.0 1.0 A 1.0 * Public Records Specialist was reclassified to Records Supervisor in FY 2024/25 Fiscal Year 2026/27 Objectives 1. Workforce Initiative: Develop and retain a quality workforce. Enhance employee competency and cultivate new leadership. Plan for anticipated personnel openings by continuing with an established national recruitment plan. Engage highly qualified applicants who will meet or exceed our department's rigorous recruitment standards. Enhance leadership and decision -making skills for all supervisory personnel through recurring training in critical incident management and incident based command systems. Develop internal and external strategies to prepare for upcoming special events and potential uncertainties. 2. School Safety Initiative: Provide preparedness training to all current and incoming school employees to assist them during school threats. Specific training will cover: active shooters, IED/bomb recognition, handling violent occurrences and critical incident management protocols. Launch additional student -centered school safety programs that focus on protection, engagement and education at DSAHS. (DARE, Driving, Police Explorers, Student -led Police Club and Social Media Safety). Expand and integrate new school safety technology. Continue testing and training with our current security measures to ensure an effective police response during critical incidents. 3. Internal Departmental Efficiency Initiative: Organizational restructuring to prioritize efficiency, accommodate evolving priorities and enhance effectiveness of policing for the community that we serve. Prioritize in-service training that will ensure compliance with state and national mandates. 4. Community Outreach Initiative: Expand the outreach of our Crime Prevention Division to improve citizen -based safety awareness and strategies for fighting crime and enhancing quality of life for all Aventura residential communities, businesses and schools. Host additional town hall events specifically tailored to our residential and business communities. Continue to conduct ongoing customer service surveys of residents, businesses and victims of crimes to improve our resource allocation and decision making. Recruit, train and retain additional volunteers to assist with crime prevention programs. Enhance relationships with the community through police department initiated events and guidance from the Community Advisory Panel. Fiscal Year 2026/27 Objectives continued 5. Public Relations Initiatives: Ongoing communication with residents regarding COVID-19 pandemic, public safety, traffic conditions and community events by engaging local social networking platforms to assist in timely and easily accessible information. Recruit and train additional staff in public relations and the proper utilization of social media platforms for law enforcement agencies. Utilize effective social media content to promote the department's image and enhance outreach. 6. Traffic Safety Initiatives: Continue with strategies that have reduced the number of traffic crashes and fatalities throughout the City. Work with internal and external Aventura stakeholders (governmental agencies, businesses, tourists and residents) to address traffic flow issues along the Biscayne Boulevard, Ives Dairy Road and Miami Gardens Drive corridors. Develop and implement a targeted education program that informs scooter and e -bike operators about local ordinances while promoting safe riding practices through outreach, training, and community engagement. 7. Technological Advancement Initiatives: Maintain our radio system console inside our E911 Center. Implement body -worn cameras and a drone -as -first -responder program to enhance transparency, improve situational awareness, and support faster, more informed public safety responses. Complete the Police personnel attendance system ("FirstDue") integration with the City's current payroll system to provide for an automatic transfer of data during the bi-weekly payroll accounting process. The rest of this page has intentionally been left blank Fiscal Year 2026/27 Performance Measures and Scorecard TJIi1 99U Man-hours assigned to traffic flow issues 6 12,480 12,480 12,480 I 12,480 Progress toward National Re-accreditatio 3 100% 100% 100% 100% Personnel hired 1 14 9 10 10 Community programs 4&5 35 37 35 35 m Community presentations 4&5 8 19 15 15 m C) Community involvement activities 4 & 5 22 43 40 40 rt 0 Q m ?' Q- Man hours assigned to School Resources 2 4,500 2,380 2,500 2,500 Calls for service 7 20,792 26,541 25,440 25,000 0 = 0 0 CD ° a c o Arrests 3&6 965 973 960 960 Cn rt o Q 3 s Accidents 6 1,704 1,690 1,620 1,600 Traffic citations 6 5,722 5,780 5,450 5,500 Parking citations issued 6 970 869 611 750 Part 1 crimes reported N/A 1,841 1,518 1,276 1,300 Customer service surveys 4 & 5 700 550 400 500 The rest of this page has intentionally been left blank lir.-i.1 POLICE FISCAL YEAR 2026/27 00145000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 512000 REGULAR SALARIES $12,183,723 $12,678,748 $13,312,052 $11,517,383 $13,955,553 514000 OVERTIME $1,825,166 $2,170,588 $1,200,000 $1,545,288 $1,200,000 514010 HOLIDAY PAY $115,047 $0 $0 $0 $0 514020 COURT TIME $113,378 $96,682 $90,000 $118,593 $90,000 514030 EXTRA DUTY DETAIL $519,704 $674,300 $450,000 $889,744 $600,000 515000 POLICE INCENTIVE $72,207 $76,364 $72,120 $54,521 $68,124 521000 FICA & MEDICARE TAXES $1,037,449 $1,108,658 $1,188,669 $976,140 $1,135,739 522000 CITY PENSION CONTRIBUTION $4,328,287 $3,302,316 $4,778,692 $3,439,300 $5,175,105 523000 HEALTH, LIFE & DISABILITY $2,153,415 $2,272,224 $2,415,504 $1,922,975 $2,895,181 524000 WORKERS' COMPENSATION $512,401 $541,577 $344,322 $491,484 $581,765 SUBTOTAL $22,860,779 $22,921,455 $23,851,359 $20,955,429 $25,701,467 531070 OTHER PROFESSIONAL SERVICES $4,347 $28,385 $40,000 $31,549 $32,000 531100 TEMPORARY STAFF $61,481 $87,615 $0 $26,921 $0 531110 MEDICAL EXAMS $18,950 $16,042 $40,000 $13,055 $30,000 531120 TRAFFIC SAFETY PROGRAM $830,588 $825,764 $842,000 $717,772 $845,000 531150 RECRUITMENT $18,106 $44,669 $40,000 $27,607 $32,000 534070 TMVS MAINTENANCE $0 $0 $125,000 $125,000 $125,000 540000 TRAVEL & PER DIEM $15,342 $28,780 $42,000 $20,150 $35,000 540020 ADMINISTRATIVE EXPENSES $10,084 $23,371 $25,000 $20,625 $25,000 541000 COMMUNICATION SERVICES $181,387 $147,557 $197,000 $161,090 $190,000 542000 POSTAGE $2,884 $4,878 $4,500 $2,891 $4,000 544000 LEASED EQUIPMENT $17,378 $18,294 $96,400 $34,025 $55,000 546000 REPAIRS &MAINTENANCE -VEHICLES $342,431 $381,719 $350,000 $238,257 $330,000 546020 REPAIRS & MAINTENANCE -EQUIP $209,402 $181,935 $277,530 $230,241 $235,000 546030 REPAIRS & MAINTENANCE -OFF EQ $0 $239 $0 $0 $0 547000 PRINTING AND BINDING $3,738 $2,571 $3,500 $1,761 $3,000 551000 OFFICE SUPPLIES $9,994 $22,256 $15,000 $11,416 $20,000 551010 COMPUTER OPERATING SUPPLIES $1,040 $2,131 $16,000 $453 $5,000 552000 GAS & OIL $296,695 $356,590 $325,000 $303,366 $325,000 552010 UNIFORMS $46,309 $63,740 $65,000 $60,312 $157,000 POLICE FISCAL YEAR 2026/27 00145000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 552020 UNIFORM ALLOWANCE $79,784 $79,524 $85,000 $38,135 $0 552030 AMMUNITION $52,618 $69,847 $75,000 $42,644 $60,000 552040 PHOTOGRAPHY $678 $0 $1,500 $0 $1,000 552060 OTHER OPERATING SUPPLIES $80,987 $124,474 $110,000 $29,480 $100,000 554000 SUBSCRIPTIONS & MEMBERSHIPS $14,051 $9,165 $21,000 $10,316 $17,300 554010 COMPUTER SUBSCRIPTIONS $264,811 $478,444 $610,000 $582,883 $242,920 555000 CONFERENCES/SEMINARS/TRAINING $47,628 $202,070 $364,850 $326,530 $112,850 555010 EDUCATIONAL ASSISTANCE $3,050 $6,864 $4,500 $11,311 $4,500 SUBTOTAL $2,613,763 $3,206,923 $3,775,780 $3,067,791 $2,986,570 662030 POLICE DEPARTMENT IMPROVEMENTS $0 $75,183 $0 $0 $50,000 664000 COMPUTER EQUIPMENT > $5,000 $14,978 $28,802 $9,000 $0 $9,000 664010 COMPUTER EQUIPMENT < $5,000 $191,535 $81,410 $108,000 $91,339 $108,000 664070 RADIOS -PURCHASE & REPLACEMENT $79,891 $0 $228,000 $12,600 $199,000 664080 >$5000 EQUIPMENT $49,203 $360,674 $786,632 $537,401 $112,490 664090 <$5000 EQUIPMENT $0 $47,403 $12,600 $20,936 $101,015 664120 VEHICLES $427,881 $578,192 $600,000 $585,222 $260,000 SUBTOTAL $763,488 $1,171,664 $1,744,232 $1,247,498 $839,505 771000 PRINCIPAL PAYMENTS $53,516 $56,949 $60,605 $0 $512,000 772000 INTEREST PAYMENTS $15,111 $11,678 $8,025 $0 $132,265 SUBTOTAL $68,627 $68,627 $68,630 $0 $644,265 TOTAL POLICE $26,306,656 $27,368,669 $29,440,001 $25,270,718 $30,171,807 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Community Development City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 170 Departmental Budget Summary Department Description The Community Development Department is composed of four (4) divisions: Planning and Zoning, Building, Code Compliance and Local Business Tax Receipts. The Planning and Zoning division is responsible for the City's planning, zoning, development review and economic development functions. The Building division is responsible for building permitting and inspections; it is budgeted in the Building Fund as required by Chapter 553.80 Section (7)(a)4. of the Floida Statutes. Code Compliance is responsible for City Code enforcement. Local Business Tax Receipts is responsible for the issuance and enforcement of Local Business Tax Receipts. This Department provides efficient and professional customer service that is, with the exception of inspections, provided almost entirely via digital processes. Community Development Trends $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 Actual Actual Amended Commission Amount Amount Budget Proposal 2023/24 2024/25 2025/26 2026/27 Operating 98,164 167,476 115,116 82,051 107,900 Capital Operating ■ Personnel Capital $ 3,791 $ 2,301 $ 13,300 Community Development General Fund Organization Chart Budgeted Personnel Allocation Summary Community Development Director 0.7 0.7 0.7 0.6 Management Assistant - Administration** 0.7 0.7 0.7 0.7 Management Assistant - Operations* 0.7 - - - Operations Manager* - 0.7 0.6 0.3 Planner 0.8 0.8 0.8 0.8 Code Compliance Officer 0.5 0.5 0.5 0.3 W *Management Assistant - Operations promoted to Operations Manager in FY 2023/24 ** Title has changed between Administrative Assistant and Management Assistant - Administration ***Position Allocated only to the Building Fund The remainder of the positions within the Budgeted Personnel Allocation Summary are allocated with the Building Fund to equal 1.0 172 Fiscal Year 2026/27 Objectives 1. Provide customer -focused technical assistance to the community. 2. Provide staff support for land planning and development, zoning, business tax receipts, code compliance, intersection safety, records and lien request services. 3. Provide staff support and training for the Department's TRAKiT software for Code, Planning and Zoning and Local Business Tax Receipt functions. 4. Facilitate submission of all planning, zoning and local business tax receipts and project forms digitally via the City's website and implement digital submission of project plans. 5. Initiate a running, voluntary customer survey to measure satisfaction with technical assistance and customer service with land development, variance applications and business regulation. Performance Measures and Scorecard • '1! ... I - � j1'fr .. % of Customer Comments Identifying Improvements Needed 1 & 5 2% 1% 1% 1% Average Hours of TRAKiT Training per Employee 3 4 4 6 2 ti 0' No.0? Local usiness Tax Receipts Issued 2 & 4 3,070 2,231 2,347 2,400 a m w ;, No. of Code Warnings and Notice of Violations Issued 2 243 318 350 350 0 3 9' YNo.otspecialMasterHearings Q o 2 605 1 2 3 0 y 3 Q XF % of Applications Submitted Digitally 2 & 4 90% 90% 95% 100% No. of Land Development Applications Processed (All Types) 2 45 37 26 25 No. of Lien Requests Responded to 2 1,512 1,755 1,500 1,600 173 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 174 COMMUNITY DEVELOPMENT FISCAL YEAR 2026/27 00150000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 512000 REGULAR SALARIES $353,673 $368,829 $361,738 $326,073 $310,614 514000 OVERTIME $0 $0 $3,000 $537 $1,000 521000 FICA & MEDICARE TAXES $25,746 $26,870 $27,902 $23,515 $23,158 522000 CITY PENSION CONTRIBUTION $46,335 $51,168 $52,014 $47,264 $45,220 523000 HEALTH, LIFE & DISABILITY $56,197 $59,614 $57,594 $57,587 $61,185 524000 WORKERS' COMPENSATION $1,876 $1,750 $1,368 $1,553 $1,270 SUBTOTAL $483,826 $508,231 $503,616 $456,529 $442,447 531070 OTHER PROFESSIONAL SERVICES $68,279 $130,697 $62,000 $52,405 $62,000 534100 RECORDS RETENTION $0 $2,720 $10,000 $3,600 $10,000 540000 TRAVEL & PER DIEM $3,497 $2,996 $6,500 $3,868 $2,000 540030 CAR ALLOWANCE $4,200 $4,200 $4,200 $3,850 $3,600 541000 COMMUNICATION SERVICES $828 $1,353 $1,416 $1,221 $900 546000 REPAIRS &MAINTENANCE -VEHICLES ($1,086) $0 $1,000 $1,358 $1,000 547000 PRINTING AND BINDING $3,986 $4,106 $2,000 $45 $2,000 551000 OFFICE SUPPLIES $1,708 $2,736 $2,000 $1,500 $1,000 551010 COMPUTER OPERATING SUPPLIES $315 $0 $500 $28 $400 552000 GAS & OIL $466 $0 $500 $0 $500 552010 UNIFORMS $255 $0 $300 $0 $300 552060 OTHER OPERATING SUPPLIES $257 $0 $300 $205 $300 554000 SUBSCRIPTIONS & MEMBERSHIPS $1,672 $2,110 $1,400 $331 $1,400 554010 COMPUTER SUBSCRIPTIONS $10,991 $12,212 $17,500 $12,062 $17,500 555000 CONFERENCES/SEMINARS/TRAINING $2,797 $4,347 $5,500 $1,579 $5,000 SUBTOTAL $98,164 $167,476 $115,116 $82,051 $107,900 664000 COMPUTER EQUIPMENT > $5,000 $0 $0 $10,000 $0 $0 664010 COMPUTER EQUIPMENT < $5,000 $2,023 $2,301 $3,300 $4,020 $3,800 _ COMMUNITY DEVELOPMENT FISCAL YEAR 2026/27 00150000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 664080 >$5000 EQUIPMENT $1,768 $0 $0 $0 $0 SUBTOTAL $3,791 $2,301 $13,300 $4,020 $3,800 TOTAL COMMUNITY DEVELOPMENT $585,782 $678,008 $632,032 $542,600 $554,147 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Community Services City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 178 Departmental Budget Summary Department Description The Community Services Department is responsible for the maintenance of parks, community recreation, camps, athletic leagues, special event programming and Community Center programming and activities. The Department is organized to provide a wide scope of recreational programs, activities and special events for all age groups on a quality basis. Community Services Trends $7,000,000 $6,000,000 $5,000,000 $4,000,000 Capital Operating $3,000,000 • Personnel $2,000,000 $1,000,000 Actual Actual Amended Commission Amount Amount Budget Proposal 2023/24 2024/25 2025/26 2026/27 Actuate Actual Amended YTD Commission Amount Amount Budget Actual Proposal 2023/24 2024/25 2025/26 2025/26 2026/27 Operating 3,464,963 4,551,830 4,198,230 3,571,987 3,875,215 Capital $ 1,316,444 $ 236,070 $ 232,000 $ 151,030 $ 134,750 it l Community Services Director Administrative Assistant 1* (.5) Community Program Manager Community Programming Youth Sports Janitorial CRC Assistant Man (4) Park Attendant F/T (1) P/T (2) Parks & Recreation Manager Contractual Landscape Maintenance Tennis Pro Youth Sports Janitorial Parks & Recreation Assistant Manager (3) Parks & Recreation Lead Park Attendant • F/T(8) P/T (5) Community Services Budgeted Personnel Allocation Summary Community Services Director 1.0 1.0 1.0 1.0 Parks and Recreation Manager 1.0 1.0 1.0 1.0 Parks and Recreation Assistant Manager 3.0 3.0 3.0 3.0 Community Program Manager 1.0 1.0 1.0 1.0 Community Rec Center Assistant Manager 2.0 3.0 4.0 4.0 Special Events Administrator 1.0 1.0 - - Administrative Assistant 1* 0.5 0.5 0.5 0.5 Parks & Recreation Lead - 1.0 1.0 1.0 Park Attendant (F/T) 4.0 8.0 9.0 9.0 Park Attendant (P/T) 8.0 7.0 7.0 7.0 Park Attendant (P/T) Seasonal 3.0 2.0 - - 13.5 19.5 20.5 20.5 11.0 9.0 7.0 7.0 24.5 28.5 27.5 27.5 * Allocated 50% with the City Clerk's Office Fiscal Year 2026/27 Objectives 1. Identify and address problematic situations before the can escalate, and to promptly respond to concerns with accurate and timely information. 2. Work with the Community Services Advisory Board to aid in their mission of enhancing the beauty of the City and promoting Community events. 3. Implement the Department's approved Operating and Capital Improvement Budgets. 4. Implement and oversee approved ARPA projects for the Department. 5. Provide community programming that educates participants in areas such as fairness, teambuilding, inclusion, and respect for one another. 6. Expand Summer Camp programming and Aftercare Programs, both of which provide enjoyable experiences for children and a safe option for families. 7. Strive to enhance the wellness of Aventura Residents and the sense of community through promotion of Department operated facilities. 8. Continue to make maximum use of all Department facilities to provide the greatest number of activity options for Aventura residents. 9. Provide Department members with the proper education and equipment to safely perform their duties in a working environment that is inclusive and where their contributions are valued and respected. The rest of this page has intentionally been left blank Fiscal Year 2026/27 Performance Measures and Scorecard - IT']* •. 1 ! 2 3 3 3 .. Resident complaints & concerns cleared** Advisory Board Meetings attended 2 5 4 5 5 ti 8 CIP 6 CIP CD m n < CIP projects completed 3& 4 3 CIP 5 CIP m rt m y 56 ARPA 2 ARPA 3 c < m m Founders Park attendance* 3,s&7 90,614 113,729 117,000 121,000 a m 3 n n 0 m N Q 3 Community Recreation Center attendance* 3,5,6,7 & 8 112,889 118,741 120,000 122,000 Q o a ,I- Number ot participants registered in you sports* 3, 4, 5, 6,7 & 8 2,013 2,036 2,000 2,030 Number of Special Events* 1,3,s,7&8 14 11 11 5 * Founders Park Field was closed for American Rescue Plan Act ("ARPA') Project September 2023 -April 2024 ** For accuracy, this will not be tracked moving forward as this Department is proactive and completes #1 of the Objectives before receiving Resident complaints & concerns • • Basketball Sept- April Boys Soccer Sept- May Girls Soccer Sept - May Travel Soccer Sept - May Travel Basketball Oct- May 183 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 184 COMMUNITY SERVICES FISCAL YEAR 2026/27 00155000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 512000 REGULAR SALARIES $946,873 $1,196,981 $1,314,374 $1,133,457 $1,322,385 514000 OVERTIME $18,965 $22,915 $20,000 $17,348 $22,000 514010 HOLIDAY PAY $5,181 $0 $0 $0 $0 521000 FICA & MEDICARE TAXES $72,916 $92,118 $102,080 $86,316 $100,325 522000 CITY PENSION CONTRIBUTION $108,472 $142,000 $162,149 $139,469 $170,498 523000 HEALTH, LIFE & DISABILITY $179,444 $279,175 $316,530 $267,742 $343,504 524000 WORKERS' COMPENSATION $20,913 $32,829 $26,569 $33,096 $38,516 SUBTOTAL $1,352,763 $1,766,018 $1,941,702 $1,677,428 $1,997,228 531060 LANDSCAPE ARCHITECT $16,835 $18,673 $28,000 $26,293 $0 531130 AACC PROGRAMMING $11,505 $9,758 $14,000 $9,953 $10,000 531140 COMMUNITY RECREATION CENTER $721,543 $722,160 $670,000 $596,702 $680,000 534000 JANITORIAL SERVICES $0 $113,072 $157,000 $122,998 $160,655 534010 LANDS./TREE MAINT. SERVICES $563,288 $589,697 $615,000 $401,750 $540,000 534080 OTHER $0 $4,468 $2,880 $9,481 $15,500 540000 TRAVEL & PER DIEM $6,202 $0 $6,500 $942 $1,000 540030 CAR ALLOWANCE $6,000 $6,000 $6,000 $5,500 $6,000 541000 COMMUNICATION SERVICES $13,552 $18,020 $22,500 $20,265 $19,960 543000 ELECTRIC $0 $89,649 $115,825 $78,254 $95,000 543020 WATER $0 $150,644 $200,000 $135,829 $170,000 544000 LEASED EQUIPMENT $1,307 $4,086 $8,425 $788 $6,500 546000 REPAIRS &MAINTENANCE -VEHICLES $12,074 $7,658 $8,000 $8,067 $8,000 546010 REPAIRS & MAINTENANCE-BLDGS $0 $271,590 $215,600 $112,832 $172,500 546020 REPAIRS & MAINTENANCE -EQUIP $8,361 $10,773 $32,000 $30,176 $32,000 546040 REPAIRS & MAINTENANCE -PARKS $100,031 $171,204 $190,000 $124,557 $170,000 547000 PRINTING AND BINDING $7,825 $6,696 $6,000 $4,371 $2,000 548010 SPECIAL EVENTS $307,504 $356,898 $375,000 $136,317 $110,000 548020 FOUNDERS DAY ACTIVITIES $170,217 $185,144 $250,000 $249,055 $225,000 548030 SUMMER RECREATION $574,639 $615,656 $455,000 $591,858 $550,000 548080 CULTURE & RECR PROGRAMMING $907,416 $1,152,292 $760,000 $871,763 $850,000 551000 OFFICE SUPPLIES $3,584 $3,417 $4,000 $8 $2,000 COMMUNITY SERVICES FISCAL YEAR 2026/27 00155000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 551010 COMPUTER OPERATING SUPPLIES $343 $2,915 $6,000 $19 $3,000 552000 GAS & OIL $551 $513 $1,000 $581 $1,000 552010 UNIFORMS $6,611 $8,775 $8,000 $2,309 $7,000 552060 OTHER OPERATING SUPPLIES $125 $401 $1,000 $952 $1,000 554000 SUBSCRIPTIONS & MEMBERSHIPS $4,243 $3,702 $6,000 $2,986 $5,400 554010 COMPUTER SUBSCRIPTIONS $12,217 $15,507 $16,500 $15,668 $16,500 555000 CONFERENCES/SEMINARS/TRAINING $8,990 $12,302 $17,000 $11,712 $14,700 599000 CONTINGENCY $0 $161 $1,000 $0 $500 SUBTOTAL $3,464,963 $4,551,830 $4,198,230 $3,571,987 $3,875,215 662020 CRC IMPROVEMENTS $372,848 $6,400 $42,400 $0 $0 663090 AVENTURA FOUNDERS PARK $795,683 $177,517 $0 $1,500 $8,000 663100 WATERWAYS PARK IMPROVEMENTS $19,511 $11,555 $0 $0 $0 663110 WATERWAYS DOG PK IMPROVEMENTS $3,389 $18,339 $0 $0 $0 663120 VETERANS PARK IMPROVEMENTS $4,957 $0 $98,500 $109,689 $75,000 663130 PEACE PARK IMPROVEMENTS $83,245 $0 $0 $0 $0 664010 COMPUTER EQUIPMENT<$5.000 $5,000 $4,809 $7,311 $13,200 $5,113 $8,950 664080 >$5000 EQUIPMENT $19,429 $5,000 $77,900 $34,728 $25,000 664090 <$5000 EQUIPMENT $12,573 $9,947 $0 $0 $17,800 SUBTOTAL $1,316,444 $236,070 $232,000 $151,030 $134,750 TOTAL COMMUNITY SERVICES $6,134,170 $6,553,918 $6,371,932 $5,400,445 $6,007,193 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Public Works/Transportation City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 188 Departmental Budget Summary Department Description The Public Works/Transportation Department is responsible for the maintenance of roads, medians, public areas, drainage systems, government facilities, beautification projects, mass transit services and capital projects. These services seek to enhance the high quality of life for the City's residents, businesses and visitors by maintaining City infrastructure and the appearance of the City and providing public transportation opportunities to reduce vehicular traffic. Public Works/Transportation Trends $4,500,000 $4,000,000 $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 Actual Actual Amount Amount 2023/24 2024/25 Amended Commission Budget Proposal 2025/26 2026/27 II ■ Debt Service Capital Operating ■ Personnel Operating 2,391,778 2,374,011 2,091,335 1,608,043 1,948,880 Capital $ 196,071 $ 405,078 $ 987,635 $ 575,063 $ 300,300 Debt Service 18,624 20,807 9,315 - 20,765 . 189 Public Works/Transportation General Fund Organization Chart Budgeted Personnel Allocation Summary Public Works/Transportation Director 1.0 1.0 0.80 0.80 Assistant PW/Transportation Director 1.0 1.0 0.80 0.80 Executive Assistant 1.0 1.0 0.95 0.95 Capital Projects & Grants Manager* 1.0 1.0 - - Public Works Stormwater Coordinator 1.0 1.0 - - Engineer I - - 0.50 - Facilities Manager 1.0 1.0 0.95 0.95 Maintenance Supervisor - 1.0 0.50 0.50 Trades Worker II 2.0 2.0 3.80 2.85 Trades Worker III*** - - - 0.95 *Capital Projects Manager renamed during FY 2023/24 to Capital Projects & Grants Manager **Beginning in FY 2025/26, all positions are allocated within the Public Works/Transportation Department of the General Fund and in the Stormwater Fund ***(1) Trades Worker III promoted during FY 2024/25 from Trades Worker II 190 Fiscal Year 2026/27 Objectives 1. Provide accurate and quick responses to resident and business owner complaints and concerns. 2. Implement and manage an approved operating and CIP Budget. 3. Continue to be a Tree City USA City. 4. Conform to the National Pollutant Discharge Elimination System ("NPDES") Stormwater standards with pre and post construction inspections. 5. Enforce the Stormwater Inspection Policy and Ordinance for private property compliance. 6. Continue with Staff Educational and Certification Requirements for the NPDES and Floodplain Management compliance. 7. Monitor ridership numbers for the buses and on -demand vehicles. 8. Provide a safe, clean and reliable Bicycle Sharing Program. 9. Complete Coastal Line Rail Station Area Master Plan and Lehman Causeway Improvement Plan. 10. Implement and manage the Stormwater Management Plan. 11. Maintain the storm drain system for optimal performance. 12. Participate in regional efforts to improve transportation in Northeast Miami -Dade. 13. Maintain streets and walkways for vehicular and pedestrian safe usage. 14. Maintain all City Facilities to provide for a safe and clean environment. 15. Maintain policy updates as needed for accreditation. 16. Oversee capital projects. 17. Assist Community Development Department with the City Community Rating System ("CRS") application process. 18. Continue to monitor stormwater inspections on private property to conform with NPDES requirements. Performance Measures and Scorecard •jJ I Resident complaints & concerns cleared 1 100% 100% 100% 100% W Tree City re -certification 3 1 1 1 1 CD Stormwater basins/systems cleaned 4, 5, 6,10,11 & 18 120 395 600 790 0 rn CD w Shuttle bus ridership 7 134,640 121,851 110,000 110,000 a 9) a 3 T 3 q, O a a On -demand transit ridership 7 113,314 123,424 136,890 140,000 Y 3 g PW permits issued 17&18 36 29 40 45 2 O O 3 N — Illicit discharge inspections (stormwater) 4, 5,17 & 18 24 22 20 20 3 Q NPDES permit inspection private property 4,6 & 18 3 5 10 10 Annual facility& mechanical inspections 2,14,16&19 100 100 120 120 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank PW/TRANSPORTATION FISCAL YEAR 2026/27 00160000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 512000 REGULAR SALARIES $875,221 $1,031,495 $816,644 $582,920 $705,569 514000 OVERTIME $12,967 $33,079 $20,000 $20,184 $20,003 514010 HOLIDAY PAY $2,297 $0 $0 $0 $0 521000 FICA & MEDICARE TAXES $69,267 $80,603 $64,003 $45,012 $54,235 522000 CITY PENSION CONTRIBUTION $112,488 $132,326 $102,833 $85,403 $101,398 523000 HEALTH, LIFE & DISABILITY $117,326 $162,589 $122,327 $104,872 $151,023 524000 WORKERS' COMPENSATION $37,470 $56,652 $30,579 $39,098 $44,452 SUBTOTAL $1,227,036 $1,496,744 $1,156,386 $877,490 $1,076,680 531010 ENGINEERING $0 $5,359 $24,000 $26,380 $20,000 531060 LANDSCAPE ARCHITECT $0 $0 $60,000 $0 $20,000 534000 JANITORIAL SERVICES $93,561 $0 $0 $0 $0 534010 LANDS./TREE MAINT. SERVICES $829,471 $1,093,828 $900,000 $529,007 $706,785 534020 BEAUTIFICATION/SIGNAGE $39,617 $34,801 $46,800 $5,865 $37,440 534040 TRANSPORTATION SERVICES $267,934 $339,292 $271,710 $168,162 $270,360 534080 OTHER $6,319 $4,325 $10,000 $0 $10,400 540000 TRAVEL & PER DIEM $0 $5,584 $4,000 $0 $3,400 541000 COMMUNICATION SERVICES $4,763 $6,413 $5,660 $4,602 $5,200 543000 ELECTRIC $100,229 $320 $475 $0 $0 543010 ELECTRIC -STREET LIGHTING $58,298 $66,174 $66,090 $49,501 $75,000 543020 WATER $623,736 $589,089 $450,000 $554,952 $590,000 544000 LEASED EQUIPMENT $17,029 $29,217 $55,000 $51,780 $32,855 546000 REPAIRS &MAINTENANCE -VEHICLES $7,214 $22,324 $7,000 $9,367 $7,000 546010 REPAIRS & MAINTENANCE-BLDGS $166,111 ($258) $0 $0 $0 546020 REPAIRS & MAINTENANCE -EQUIP $5,983 $10,709 $20,500 $16,469 $5,500 546050 REPAIRS & MAINTENANCE -STREETS $148,601 $133,958 $121,400 $169,474 $130,000 547000 PRINTING AND BINDING $84 $378 $500 $65 $200 551000 OFFICE SUPPLIES $2,870 $1,995 $3,000 $313 $2,500 551010 COMPUTER OPERATING SUPPLIES $0 $314 $3,000 $137 $1,500 552000 GAS & OIL $11,519 $12,942 $12,000 $8,145 $12,000 552010 UNIFORMS $1,892 $5,587 $2,500 $1,628 $1,740 PW/TRANSPORTATION FISCAL YEAR 2026/27 00160000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 552060 OTHER OPERATING SUPPLIES $1,622 $989 $1,200 $0 $1,000 554000 SUBSCRIPTIONS & MEMBERSHIPS $1,623 $802 $3,000 $3,153 $2,500 554010 COMPUTER SUBSCRIPTIONS $1,030 $8,232 $20,000 $6,993 $10,000 555000 CONFERENCES/SEMINARS/TRAINING $2,272 $1,640 $3,000 $2,050 $3,000 599000 CONTINGENCY $0 $0 $500 $0 $500 SUBTOTAL $2,391,778 $2,374,011 $2,091,335 $1,608,043 $1,948,880 663000 IMPROVEMENTS $9,167 $22,950 $313,950 $197,820 $150,000 663030 BUS SHELTER/BENCHES $0 $19,997 $20,000 $0 $24,000 663140 TRANSPORTATION SYSTEM IMPROV. $68,500 $5,489 $0 $0 $0 664010 COMPUTER EQUIPMENT < $5,000 $5,325 $5,930 $2,600 $3,925 $5,800 664080 >$5000 EQUIPMENT $0 $0 $6,085 $6,085 $0 664100 REPAIRS & REPLACEMENTS $0 $171,813 $395,000 $320,384 $105,500 664110 EQUIPMENT -GOVT CENTER $8,649 $120,524 $250,000 $46,850 $15,000 664120 VEHICLES $104,430 $58,375 $0 $0 $0 SUBTOTAL $196,071 $405,078 $987,635 $575,063 $300,300 771000 PRINCIPAL PAYMENTS $14,760 $18,287 $7,350 $0 $16,660 772000 INTEREST PAYMENTS $3,863 $2,520 $1,965 $0 $4,105 SUBTOTAL $18,624 $20,807 $9,315 $0 $20,765 TOTAL PW/TRANSPORTATION $3,833,509 $4,296,639 $4,244,671 $3,060,596 $3,346,625 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Arts & Cultural Center City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank Departmental Budget Summary Department Description he Arts & Cultural Department is responsible for the operations and programming of the Arts & Cultural Cen he goal is to provide a facility that offers a wide range of quality entertainment and cultivates partnerships v ther local and regional organizations to enhance the quality of life for the City by providing a variety of perform its and relevant cultural programming for audiences of all ages. Arts & Cultural Center Trends $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 Capital Operating Actual Actual Amended Commission Amount Amount Budget Proposal 2023/24 2024/25 2025/26 2026/27 Capital 36,464 $ 2,010,454 $ 2,082,235 $ 1,379,94'75,655 Arts & Cultural Center Organization Chart Budgeted Personnel Allocation Summary PACA Contractual Employees 2023/24 2024/25 General Manager 1.00 1.00 1.00 1.00 Event Services Manager 1.00 1.00 1.00 1.00 Technical Director 1.00 1.00 1.00 1.00 Box Office Manager 1.00 1.00 1.00 1.00 Marketing Coordinator 0.30 0.30 0.30 0.30 Guest Services Coordinator (P/T)* - - 0.75 0.75 Event Services Coordinator 1.00 1.00 1.00 1.00 Technical Coordinator 1.00 1.00 1.00 1.00 Labor (P/T) 0.35 0.35 L 0.35 0.35 * Prior to FY 2025/26 entitled Event Services Coordinator (P/T) Fiscal Year 2026/27 Objectives 1• To provide artistic offerings and experiences to our increasingly diverse community with an emphasis on fostering a cooperative spirit and enhancing the quality of life in Aventura. 2. Create a performing arts facility that is welcoming and inclusive of the public at large by maintaining an aesthetically pleasing and professional facility. 3. Enhance the learning experiences of students at Aventura City of Excellence School and the Don Soffer Aventura High School by expanding performing arts activities and educational opportunities. 4. To increase general public awareness of the value of the cultural and educational programs available. Performance Measures and Scorecard Advisory Board Meetings attended I 4 4 4 N/A N/A n Number of performances/events 1,2&4 125 101 105 115 y Total attendance 1, 2, 3 & 4 22,071 20,128 21,000 22,500 9, a o m m „ a q, �' c um er o promo iona material a produced 4 15 15 15 15 q' a Q o o Q 3 a rt Summer Camp 3&4 1 1 1 1 0 3 s o o pa rons w o respon avora y o AACC 1 & 2 80% 80% 80% 80% rt City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 200 AACC FISCAL YEAR 2026/27 00165000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 531020 AACC MANAGEMENT SERVICES $164,784 $169,728 $174,820 $101,976 $180,065 531030 AACC STAFF SERVICES & MRKTNG $596,687 $700,179 $709,865 $410,232 $739,305 531040 AACC PUBLIC RELATIONS $26,400 $26,400 $26,400 $19,800 $26,400 531130 AACC PROGRAMMING $448,161 $541,414 $455,000 $444,286 $515,000 534000 JANITORIAL SERVICES $33,767 $39,043 $46,500 $41,515 $55,000 534080 OTHER $16,896 $7,970 $11,000 $22,279 $24,350 541000 COMMUNICATION SERVICES $6,158 $8,441 $9,000 $7,101 $11,415 542000 POSTAGE $16,191 $19,331 $16,725 $13,841 $10,000 543000 ELECTRIC $67,821 $67,019 $76,875 $67,590 $78,000 544000 LEASED EQUIPMENT $954 $637 $1,500 $721 $1,020 546010 REPAIRS & MAINTENANCE-BLDGS $17,984 $80,694 $18,200 $13,088 $11,495 546020 REPAIRS & MAINTENANCE -EQUIP $2,726 $11,332 $9,500 $11,126 $25,605 547000 PRINTING AND BINDING $14,691 $15,787 $17,000 $150 $10,000 551000 OFFICE SUPPLIES $858 $1,000 $1,200 $822 $1,200 551010 COMPUTER OPERATING SUPPLIES $480 $468 $750 $415 $500 552060 OTHER OPERATING SUPPLIES $3,281 $1,064 $4,000 $3,201 $3,500 SUBTOTAL $1,417,839 $1,690,509 $1,578,335 $1,158,143 $1,692,855 662050 BUILDINGS -CONSTRUCTION $0 $15,000 $250,000 $0 $100,000 664000 COMPUTER EQUIPMENT > $5,000 $0 $0 $0 $0 $10,000 664010 COMPUTER EQUIPMENT<$5.000 $5,000 $5,166 $3,507 $11,900 $3,872 $2,800 664080 >$5000 EQUIPMENT $13,459 $146,731 $60,000 $35,886 $0 664090 <$5000 EQUIPMENT $0 $19,470 $35,000 $35,111 $70,000 664100 REPAIRS & REPLACEMENTS $0 $135,238 $147,000 $146,933 $0 SUBTOTAL $18,625 $319,945 $503,900 $221,802 $182,800 TOTAL AACC $1,436,464 $2,010,454 $2,082,235 $1,379,944 $1,875,655 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Non -Departmental 203 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 204 Departmental Budget Summary Non -Departmental Department accounts for the City-wide expenditures that cannot be readily identified or ributable to a specific department of the City and/or that are used in general by every department of the City. Non -Departmental Trends $7,000,000 $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $- 1 Actual Amount 2023/24 Actual Amount 2024/25 Amended Commission Budget Proposal 2025/26 2026/27 Capital Operating ■ Personnel Operating 3,092,461 2,687,324 2,730,978 2,214,174 2,390,040 Capital $ 26,963 $ 3,414,558 $ - $ - $ - Capital - CIP Reserve $ - $ - $ 1,372,559 $ - $ 3,926,913 perluliures wlirl ..lr eServe ■ i City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank NON -DEPARTMENTAL FISCAL YEAR 2026/27 00190000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 523000 HEALTH, LIFE & DISABILITY $0 $45,767 $0 $0 $0 525000 UNEMPLOYMENT COMPENSATION $0 $1,667 $6,600 $1,256 $1,500 SUBTOTAL $0 $47,434 $6,600 $1,256 $1,500 531070 OTHER PROFESSIONAL SERVICES $38,644 $0 $36,000 $0 $36,000 531080 SECURITY $65,709 $66,638 $75,000 $52,412 $71,575 534000 JANITORIAL SERVICES $91,675 $111,377 $140,000 $121,996 $138,375 534080 OTHER $8,387 $62,648 $128,150 $130,097 $153,800 541000 COMMUNICATION SERVICES $159,024 $53,213 $218,200 $98,446 $118,000 542000 POSTAGE $13,839 $18,201 $17,500 $6,219 $18,500 543000 ELECTRIC $252,943 $250,240 $266,500 $216,177 $260,000 543020 WATER $47,151 $55,446 $56,000 $36,430 $50,000 544000 LEASED EQUIPMENT $10,252 $13,948 $14,000 $9,882 $14,000 545000 LIABILITY & PROPERTY INSURANCE $1,759,214 $1,220,449 $1,269,408 $1,251,062 $1,062,990 546010 REPAIRS & MAINTENANCE-BLDGS $319,735 $368,019 $260,000 $143,964 $218,000 552050 CREDIT CARD FEES $131,725 $298,107 $185,220 $138,669 $155,000 552060 OTHER OPERATING SUPPLIES $12,072 $22,776 $15,000 $8,820 $18,000 554000 SUBSCRIPTIONS & MEMBERSHIPS $0 $0 $0 $0 $800 554010 COMPUTER SUBSCRIPTIONS $20,434 $12,000 $0 $0 $0 599000 CONTINGENCY $161,657 $85,878 $50,000 $0 $75,000 599030 HURRICANE PREPARATION $0 $1,850 $0 $0 $0 599040 HURRICANE SUPPLIES $0 $46,535 $0 $0 $0 SUBTOTAL $3,092,461 $2,687,324 $2,730,978 $2,214,174 $2,390,040 661000 LAND $14,283 $3,182,271 $0 $0 $0 662060 GARAGE IMPROVEMENTS $12,680 $232,287 $0 $0 $0 669999 CAPITAL RESERVE $0 $0 $1,372,559 $0 $3,926,913 SUBTOTAL $26,963 $3,414,558 $1,372,559 $0 $3,926,913 TOTAL NON -DEPARTMENTAL $3,119,424 $6,149,316 $4,110,137 $2,215,430 $6,318,453 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 208 Departmental Budget Summary Department Description The Non -Departmental transfers category of the Non -Departmental Department accounts for the transfers of the City of Aventura from the General Fund to the other Funds of the City. Non -Departmental Transfers Trends $7,000,000 $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $- Actual Amount 2023/24 Actual Amount 2024/25 Amended Budget 2025/26 Commission Proposal 2026/27 Transfers tal Expenditures $ City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank NON -DEPARTMENTAL TRANSFERS FISCAL YEAR 2026/27 00195000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 ., 991190 TRNSFR TO CHARTER SCHOOL FUND $4,501,495 $0 $700,000 $0 $0 991230 TRNSFR TO DBT 2010 & 2011 FUND $1,192,997 $1,192,936 $1,186,742 $0 $1,184,414 991250 TRNSFR TO DBT 2012 (A) FUND $361,585 $360,527 $358,391 $0 $356,514 991291 TRNSFR TO DBT 2018 FUND $496,724 $495,960 $494,828 $0 $498,236 991395 TRNSFR TO DSAHS CONSTR FUND $0 $1,250 $959,870 $0 $0 SUBTOTAL $6,552,801 $2,050,673 $3,699,831 $0 $2,039,164 TOTAL NON -DEPARTMENTAL $6,552,801 $2,050,673 $3,699,831 $0 $2,039,164 TRANSFERS City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Police Education Fund ►4K] City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank Fund Budget Summary Fund Description The Police Education Fund is used to account for revenues and expenditures associated with the twc dollars ($2.00) the City receives from each paid traffic citation, which, by State Statute, must be used to further the education of the City's Police Officers. Police Education Fund Trends $8,000 $7,000 $6,000 $5,000 $4,000 $3,000 $2,000 $1,000 Actual Actual Amended Commission Amount Amount Budget Proposal 2023/24 2024/25 2025/26 2026/27 Revenue Projections Summary by Category Investment Income 1,977 1,485 - 333 500 Ii� Expenditures Summary by Category Revenues Expenditures City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank ►41-11 POLICE EDUCATION FUND REVENUE FISCAL YEAR 2026/27 11000000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 351500 FINES -COUNTY COURT $4,188 $5,392 $4,000 $5,244 $5,000 SUBTOTAL $4,188 $5,392 $4,000 $5,244 $5,000 • 361100 INTEREST EARNINGS -INVESTMENTS $1,977 $1,485 $0 $333 $500 SUBTOTAL $1,977 $1,485 $0 $333 $500 TOTAL POLICE EDUCATION FUND $6,165 $6,876 $4,000 $5,577 $5,500 REVENUE 217 POLICE EDUCATION FUND FISCAL YEAR 2026/27 11045000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 555000 CONFERENCES/SEMINARS/TRAINING $4,040 $0 $4,000 $0 $5,500 SUBTOTAL $4,040 $0 $4,000 $0 $5,500 TOTAL POLICE EDUCATION FUND $4,040 $0 $4,000 $0 $5,500 ►4I;] City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Transportation and Street Maintenance Fund City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 220 Fund Budget Summary Fund Description The Transportation and Street Maintenance Fund was established to account for restricted revenues and expenditures which by State Statute are designated for transportation enhancements, street maintenance and construction costs. In FY 2023/24 this the CitizensIndependent Transportation Trust (CITT) revenues and expenditures were moved to the Citizens' Independent Transportation Trust (CITT) Fund, Fund 121. Transportation and Street Maintenance Fund Trends $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 Revenues Expenditures Actual Actual Amended Commission Amount Amount Budget Proposal 2023/24 2024/25 2025/26 2026/27 Revenue Summary by Category Licenses, Permits & Impact Fees $ 762,336 $ 211,345 5 - $ 249,340 $ - Intergovernmental 846,929 880,771 923,700 667,226 771,700 Investment Income 432,856 345,453 150,000 236,806 150,000 Carryover - - 52,727 - - Expenditures Summary by Category Capital 56,756 302,298 261,727 52,727 565,090 Total Expenditures with CIP Reserve X72,266-1,017,944 9,251 921,700 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank TRANSPORT.&ST. MAINT. FUND REV FISCAL YEAR 2026/27 12000000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 324320 IMPACT FEES -TRANSPORTATION $762,336 $211,345 $0 $249,340 $0 SUBTOTAL $762,336 $211,345 $0 $249,340 $0 312410 1ST LOC OPT FUEL TAX -1-6 CENTS $381,998 $403,873 $378,000 $316,427 $357,700 312430 2ND LOC OPT FUEL TAX -1-5 CENTS $139,002 $151,810 $145,000 $120,362 $144,000 331245 FEDERAL GRANTS $0 $0 $131,000 $0 $0 334450 FUEL TAX REFUND $18,965 $16,699 $12,000 $6,736 $12,000 335125 STATE SHARED REV -REV SHARE $306,964 $308,390 $257,700 $223,701 $258,000 SUBTOTAL $846,929 $880,771 $923,700 $667,226 $771,700 • 361100 INTEREST EARNINGS -INVESTMENTS $432,856 $345,453 $150,000 $236,806 $150,000 SUBTOTAL $432,856 $345,453 $150,000 $236,806 $150,000 399900 CARRYOVER $0 $0 $52,727 $0 $0 SUBTOTAL $0 $0 $52,727 $0 $0 TOTAL TRANSPORT.&ST. MAINT. FUND $2,042,121 $1,437,569 $1,126,427 $1,153,372 $921,700 REV 223 OBJECT CODE DESCRIPTION 531010 ENGINEERING 534010 LANDS./TREE MAINT. SERVICES 534070 TMVS MAINTENANCE SUBTOTAL TRANSPORT. & ST. MAINT. FUND FISCAL YEAR 2026/27 12060000 ACTUAL ACTUAL AMENDED YTD COMMISSION AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL 2023/24 2024/25 2025/26 2025/26 2026/27 $26,037 $97,463 $166,000 $161,086 $35,000 $573,877 $495,406 $482,160 $475,438 $530,090 $115,597 $122,777 $0 $0 $0 663040 ROAD RESURFACING 663140 TRANSPORTATION SYSTEM IMPROV 669999 CAPITAL RESERVE SUBTOTAL TOTAL TRANSPORT. & ST. MAINT FUND $715,510 $715,646 $648,160 $636,524 $565,090 $0 $56,756 $0 $4,000 $298,298 $0 $0 $261,727 $216,540 $0 $52,727 $0 $0 $0 $356,610 $56,756 $302,298 $478,267 $52,727 $356,610 $772,266 $1,017,944 $1,126,427 $689,251 $921,700 224 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Citizens' Independent Transportation Trust (CITY) Fund 21 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank Fund Budget Summary The Citizens' Independent Transportation Trust (CITT) Fund was established in FY 2023/24 to separately account for restricted revenues and expenditures which by County Transit System Surtax Ordinance are designated for transportation enhancements, street maintenance and construction costs. Previously, the revenues and expenditures for this fund were accounted for in the Transportation and Street Maintenance Fund, Fund 120. Citizens' Independent Transportation Trust (CITT) Fund Trends $3,000,000 $2,500,000 $2,000,000 $1,500,000 Revenues $1,000,000 Expenditures $500,000 Actual Actual Amended Commission Amount Amount Budget Proposal 2023/24 2024/25 2025/26 2026/27 Revenue Projections Summary by Category Actual Actual Amended YTD Commission Amount Amount Budget Actual Proposa4 Catego 2023 202 2025/26 026/27 Intergovernmental 2,509,943 2,504,798 2,400,000 2,072,403 2,400,000 Charges for Services - - 30,000 15,597 - Investment Income 10,898 58,657 - 21,761 25,000 Expenditures Summary by Category Capital 16,690 1,087,990 138,500 838 - otal Expenditures with CIP Reserve $ 1,735,828 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 228 CITI.IND.TRANS. TRUST FUND REV OBJECT CODE DESCRIPTION 324320 IMPACT FEES -TRANSPORTATION 324325 IMPACT FEES- BICYCLE SHARING SUBTOTAL FISCAL YEAR 2026/27 12100000 AC ACTUAL AMENDED COMMISSION AMOUNT AMOUNT BUDGET YTD ACTUAL PROPOSAL 2023/24 2024/25 2025/26 2025/26 2026/27 $0 $157,565 $0 ($157,565) $0 $29,518 $24,861 $0 $0 $0 $29,518 $182,426 $0 ($157,565) $0 • 334401 FDOT - TRANSPORTATION $0 $0 $0 $263,383 $0 338300 CNTY FUND -TRANSIT SYS SURTAX $2,509,943 $2,504,798 $2,400,000 $1,809,020 $2,400,000 SUBTOTAL $2,509,943 $2,504,798 $2,400,000 $2,072,403 $2,400,000 347350 BICYCLE SHARING $0 $0 $30,000 $15,597 $0 SUBTOTAL $0 $0 $30,000 $15,597 $0 361100 INTEREST EARNINGS -INVESTMENTS $10,898 $58,657 $0 $21,761 $25,000 SUBTOTAL $10,898 $58,657 $0 $21,761 $25,000 TOTAL CITI.IND.TRANS. TRUST FUND REV $2,550,359 $2,745,881 $2,430,000 $1,952,196 $2,425,000 CITI. IND. TRANSP. TRUST FUND FISCAL YEAR 2026/27 12160000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 534030 CITY-WIDE BICYCLE SHARING $90,826 $93,467 $95,000 $26,985 $20,000 534040 TRANSPORTATION SERVICES $444,657 $314,160 $450,925 $416,422 $603,415 534050 ON -DEMAND TRANSPORTATION SVCS $1,262,167 $1,083,412 $1,249,020 $1,291,584 $1,662,085 SUBTOTAL $1,797,650 $1,491,039 $1,794,945 $1,734,990 $2,285,500 663040 ROAD RESURFACING $0 $925,592 $0 $0 $0 663070 CITY-WIDE BICYCLE SHARING $0 $0 $8,500 $838 $0 663140 TRANSPORTATION SYSTEM IMPROV. $16,690 $162,398 $130,000 $0 $0 669999 CAPITAL RESERVE $0 $0 $496,555 $0 $139,500 SUBTOTAL $16,690 $1,087,990 $635,055 $838 $139,500 TOTAL CITI. IND. TRANSP. TRUST FUND $1,814,340 $2,579,029 $2,430,000 $1,735,828 $2,425,000 230 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Building Fund City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank Fiscal Year 2026127 Fund Budget Summary ie Building division of the Community Development Department is responsible for building permitting and spections. The Building Fund was established in FY 2022/23 to comply with the Building Construction Standards - forcement, Chapter 553.80 Section (7)(a)4. of the Florida Statutes. This fund enables the City to account for the onies coming in and out of the building function of the Community Development Department. Building Fund Trends $8,000,000 $7,000,000 $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 Actual Actual Amended Commission Amount Amount Budget Proposal 2023/24 2024/25 2025/26 2026/27 Revenue Projections Summary by Category Investment Income 212,434 177,026 65,000 114,344 70,655 Carryover - - 798,048 - - Expenditures Summary by Category Revenues Expenditures Operating 5,037,512 4,199,506 3,719,645 3,306,576 3,791,320 Capital 6,539 97,241 884,759 175,373 31,650 Transfers Out 536,500 626,613 623,265 - 554,021 233 Community Development Building Fund Organization Chart Budgeted Personnel Allocation Summary Community Development Director 0.3 0.3 Building Official (P/T)*** 1.0 1.0 Management Assistant - Administration** 0.3 0.3 Customer Service ReD III*** 1.0 1.0 Process Analyst*** Management Assistant - Operations* Operations Manager* Planner Code Compliance Officer 0.3 0.4 1.0 1.0 0.3 0.3 1.0 1.0 1.0 1.0 0.3 - - - - 0.3 0.4 0.7 0.2 0.2 0.2 0.2 0.5 0.5 0.5 0.7 ri I zTa 1rTI - - - - ;iri• . - *Mangement Assistant - Operations promoted to Operations Manager in FY 2023/24 ** Title has changed between Administrative Assistant and Management Assistant -Administration ***Position Allocated only to the Building Fund The remainder of the positions within the Budgeted Personnel Allocation Summary are allocated with the General Fund to equal 1.0 234 Fiscal Year 2026/27 Objectives 1. Provide customer -focused technical assistance to the community. 2. Provide staff support for building permit and inspections services. 3. Provide staff support and training for the Department's TRAKiT software for the Building function. 4. Facilitate submission of all permit forms digitally via the City's website and implement digital submission of permit applications. 5. Provide E-TRAKiT for online inspection requests and results. 6. Complete building inspections within 24 hours of the request. 7. Complete non-complex building plan review within 10 days. 8. Maintain privatized building inspection and review. 9. Initiate a running, voluntary customer survey to measure satisfaction with technical assistance and customer service with permitting. 10. Provide staff support for code compliance. Performance Measures and Scorecard of Applications Submitted Digitally I 2,4 & 5 43% 65% 85% 100% No. of Building Permits Issued 2 4,962 5,435 5,400 5,000 y G m - 0 No. of Building Inspections Performed 6 18,666 21,578 21,330 20,000 (D o' % of Permits Paid by Credit Card 1 26% 42% 75% 99% % of Inspections Requested via Online Portal 4 100% 100% 100% 100% a •* 0 a a % o an Reviews Conducted within 10 Days 7 100% 100% 100% 100% Q 3 rt 0 � a No. of Code Warnings and Notice of Violations Issued 10 32 5 4 5 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank BUILDING FUND REVENUE FISCAL YEAR 2026/27 16400000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 322100 BLDG PERMITS -BLDG PERMITS $6,887,380 $5,249,550 $4,750,000 $5,228,034 $4,800,000 322900 BLDG PERMITS -RADON & CODE COMP $16,703 $17,601 $15,000 $7,610 $20,000 322910 BLDG PERMITS-CERT OF OCCUPANCY $291,811 $235,241 $150,000 $201,766 $200,000 322920 DIGITIZATION FEE $0 $0 $0 $3,534 $5,000 SUBTOTAL $7.195.895 $5.502.392 $4.915.000 $5.440.943 $5.025.000 • 361100 INTEREST EARNINGS -INVESTMENTS $212,434 $177,026 $65,000 $114,344 $70,655 SUBTOTAL $212,434 $177,026 $65,000 $114,344 $70,655 399900 CARRYOVER $0 $0 $798,048 $0 $0 SUBTOTAL $0 $0 $798,048 $0 $0 TOTAL BUILDING FUND REVENUE $7,408,329 $5,679,418 $5,778,048 $5,555,288 $5,095,655 11 BUILDING FUND FISCAL YEAR 2026/27 16450000/16451000 ACTUAL AMENDED COMMISSION OBJECT AMOUNT AMOUNT BUDGET YTD ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 512000 REGULAR SALARIES $300,028 $324,469 $414,219 $349,088 $517,560 514000 OVERTIME $0 $0 $0 $537 $0 521000 FICA & MEDICARE TAXES $22,444 $24,254 $31,688 $25,826 $38,531 522000 CITY PENSION CONTRIBUTION $31,433 $35,016 $48,704 $41,011 $63,004 523000 HEALTH, LIFE & DISABILITY $36,686 $42,131 $52,942 $54,486 $95,299 524000 WORKERS' COMPENSATION $2,952 $3,149 $2,826 $2,915 $4,270 SUBTOTAL $393,542 $429,019 $550,379 $473,863 $718,664 531000 BUILDING INSPECTION SERVICES $4,951,409 $4,077,572 $3,520,000 $3,087,898 $3,570,000 531070 OTHER PROFESSIONAL SERVICES $28,933 $28,025 $20,000 $24,571 $30,000 534080 OTHER $0 $54 $0 $587 $1,200 534100 RECORDS RETENTION $0 $5,440 $35,000 $82,329 $35,000 540000 TRAVEL & PER DIEM $0 $0 $0 $415 $1,500 540030 CAR ALLOWANCE $1,800 $1,800 $1,800 $1,650 $2,400 541000 COMMUNICATION SERVICES $492 $1,531 $8,845 $1,840 $5,760 544000 LEASED EQUIPMENT $2,922 $2,835 $3,000 $1,792 $3,000 546020 REPAIRS & MAINTENANCE -EQUIP $463 $0 $3,000 $0 $1,000 547000 PRINTING AND BINDING $6,454 $7,285 $5,000 $4,108 $5,000 551000 OFFICE SUPPLIES $3,564 $7,333 $5,000 $3,369 $5,000 551010 COMPUTER OPERATING SUPPLIES $5,219 $290 $4,500 $146 $1,000 552010 UNIFORMS $282 $9,847 $1,500 $230 $1,500 552060 OTHER OPERATING SUPPLIES $0 $0 $0 $298 $750 554010 COMPUTER SUBSCRIPTIONS $35,973 $52,494 $109,000 $97,039 $125,210 555000 CONFERENCES/SEMINARS/TRAINING $0 $5,000 $3,000 $305 $3,000 SUBTOTAL $5,037,512 $4,199,506 $3,719,645 $3,306,576 $3,791,320 664000 COMPUTER EQUIPMENT > $5,000 $0 $0 $25,000 $0 $20,000 664010 COMPUTER EQUIPMENT < $5,000 $6,539 $26,500 $10,600 $10,763 $11,650 664080 >$5000 EQUIPMENT $0 $6,880 $0 $0 $0 664110 EQUIPMENT -GOVT CENTER $0 $63,861 $849,159 $164,610 $0 SUBTOTAL $6,539 $97,241 $884,759 $175,373 $31,650 991001 TRNSFR TO GENERAL FUND $536,500 $626,613 $623,265 $0 $554,021 SUBTOTAL $536,500 $626,613 $623,265 $0 $554,021 TOTAL BUILDING FUND $5,974,093 $5,352,379 $5,778,048 $3,955,812 $5,095,655 238 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 911 Fund City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 240 Fund Budget Summary Fund Description The 911 Fund is used to account for revenues and expenditures specifically earmarked for the City's emergency 911 system in accordance with Florida Statues 365.172. The funds may be used to provide emergency dispatch systems, training, communication, maintenance and repairs and related capital outlay purchases. The fund offsets a portion of the emergency 911 operations. 911 Fund Trends $200,000 $180,000 $160,000 $140,000 $120,000 $100,000 $80,000 $60,000 $40,000 $20,000 Actual Actual Amended Commission Amount Amount Budget Proposal 2023/24 2024/25 2025/26 2026/27 Revenues Expenditures Intergovernmental $ 74,654 $ 171,027 $ 81,195 $ 74,177 $ 156,000 Investment Income 2,432 4,339 - 2,910 3,500 Expenditures Summary by Category $ 81,599 $ 118,160 ■ 81,195 $ 77,885 $ 159,500 ►zi City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 911 FUND REVENUE FISCAL YEAR 2026/27 18000000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 337200 LOCAL GRANTS -911 WIRE $862 $21,086 $195 ($8,467) $12,000 337210 LOCAL GRANTS -911 WIRELESS $61,412 $129,566 $69,000 $67,121 $120,000 337220 LOCAL GRANTS -911 PREPAID $12,381 $20,375 $12,000 $15,522 $24,000 SUBTOTAL $74,654 $171,027 $81,195 $74,177 $156,000 • 361100 INTEREST EARNINGS -INVESTMENTS $2,432 $4,339 $0 $2,910 $3,500 SUBTOTAL $2,432 $4,339 $0 $2,910 $3,500 TOTAL 911 FUND REVENUE $77,086 $175,366 $81,195 $77,087 $159,500 243 911 FUND FISCAL YEAR 2026/27 18045000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 540000 TRAVEL & PER DIEM $2,071 ($833) $3,000 $0 $3,000 541000 COMMUNICATION SERVICES $0 $77,139 $17,175 $64,283 $80,040 546020 REPAIRS & MAINTENANCE -EQUIP $74,578 $19,281 $53,150 $16,067 $46,960 552060 OTHER OPERATING SUPPLIES $1,720 $371 $2,000 $567 $2,000 554000 SUBSCRIPTIONS & MEMBERSHIPS $569 $20,547 $600 ($5,467) $22,000 555000 CONFERENCES/SEMINARS/TRAINING $2,660 $1,655 $5,270 $2,435 $5,500 SUBTOTAL $81,599 $118,160 $81,195 $77,885 $159,500 TOTAL 911 FUND $81,599 $118,160 $81,195 $77,885 $159,500 244 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Debt Service Funds ,z1 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank Funds Budget Summary Fund Description The Debt Service Funds are established to account for revenues and/or transfers pledged for debt service payments on long-term financing. Debt Service Funds Trends $2,500,000 $2,490,000 $2,480,000 $2,470,000 $2,460,000 $2,450,000 $2,440,000 Revenues $2,430,000 Expenditures $2,420,000 $2,410,000 $2,400,000 Actual Actual Amended Commission Amount Amount Budget Proposal 2023/24 2024/25 2025/26 2026/27 Revenue Projections Summary by Category Transfers In $ 2,455,234 $ 2,493,423 $ 2,440,121 $ - $ 2,437,125 Expenditures by Category Debt Service $ 2,455,232 $ 2,451,887 $ 2,440,121 $ 1,641,652 $ 2,437,125 Notes: - The City has no legal debt limit. - General Obligation Debt requires approval by voter referendum. - Other debt requires Commission approval by a Simple Majority (4 of 7 Commissioners) 2027/28 1,465,000 221,961 1,686,961 5,300,000 863,828 6,163,828 247 Fund Budget Summary Debt Service Fund Series 2010 & 2011 Fund was established to account for debt service payme associated with the long-term financing for the purchase of properties utilized for pu 1parks and the permanent Government Center and the construction of the Government Center. The original was issued in 1999 and was refinanced in 2010 and 2011. Debt Service Fund Series 2010 & 2011 Fund Trends 1,194,000 1,192,000 1,190,000 1,188,000 1,186,000 Revenues 1,184,000 Expenditures 1,182,000 1,180,000 Actual Actual Amended Commission Amount Amount Budget Proposal 2023/24 2024/25 2025/26 2026/27 Revenue Projections by Category Expenditures by Category otal Expenditures $ 1,� 248 DEBT SERIES 2010&2011 FUND REV CODE DESCRIPTION 381001 TRANSFER FR-GEN FUND SUBTOTAL FISCAL YEAR 2026/27 23000000 ACTUAL ACTUAL AMENDED YTD COMMISSION AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL 2023/24 2024/25 2025/26 2025/26 2026/27 $1,192,997 $1,192,936 $1,186,742 $0 $1,184,414 TOTAL DEBT SERIES 2010&2011 FUND REV $1,192,997 $1,192,936 $1,186,742 $0 $1,184,414 $1,192,997 $1,192,936 $1,186,742 $0 $1,184,414 OBJECT CODE DESCRIPTION 771000 PRINCIPAL PAYMENTS 772000 INTEREST PAYMENTS SUBTOTAL DEBT SERIES 2010 & 2011 FUND FISCAL YEAR 2026/27 23070000 ACTUAL ACTUAL AMENDED YTD COMMISSION AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL 2023/24 2024/25 2025/26 2025/26 2026/27 $985,000 $1,020,000 $1,050,000 $1,050,000 $1,085,000 $207,997 $172,936 $136,742 $77,549 $99,414 $1,192,997 $1,192,936 $1,186,742 $1,127,549 $1,184,414 TOTAL DEBT SERIES 2010 & 2011 FUND $1,192,997 $1,192,936 $1,186,742 $1,127,549 $1,184,414 250 Fiscal Year 2026/27 Bank Qualified Loan - Bank of America FBO Refunding Bonds, Series 2010 & 2011 Combined Amortization Schedule 10/1/2011 - 3.42%, 3.64% 278,866.50 278,866.50 $ 501,479.70 4/1/2012 650,000.00 3.42%, 3.64% 278,866.50 928,866.50 15,300,000.00 10/1/2012 - 3.42%, 3.64% 267,509.50 267,509.50 1,196,376.00 4/1/2013 675,000.00 3.42%, 3.64% 267,509.50 942,509.50 14,625,000.00 10/1/2013 - 3.42%, 3.64% 255,714.00 255,714.00 1,198,223.50 4/1/2014 695,000.00 3.42%, 3.64% 255,714.00 950,714.00 13,930,000.00 10/1/2014 - 3.42%, 3.64% 243,565.50 243,565.50 1,194,279.50 4/1/2015 725,000.00 3.42%, 3.64% 243,565.50 968,565.50 13,205,000.00 10/1/2015 - 3.42%, 3.64% 230,887.50 230,887.50 1,199,453.00 4/1/2016 745,000.00 3.42%, 3.64% 230,887.50 975,887.50 12,460,000.00 10/1/2016 - 3.42%, 3.64% 217,862.00 217,862.00 1,193,749.50 4/1/2017 775,000.00 3.42%, 3.64% 217,862.00 992,862.00 11,685,000.00 10/1/2017 - 3.42%, 3.64% 204,312.50 204,312.50 1,197,174.50 4/1/2018 805,000.00 3.42%, 3.64% 204,312.50 1,009,312.50 10,880,000.00 10/1/2018 - 3.42%, 3.64% 190,239.00 190,239.00 1,199,551.50 4/1/2019 830,000.00 3.42%, 3.64% 190,239.00 1,020,239.00 10,050,000.00 10/1/2019 - 3.42%, 3.64% 175,732.50 175,732.50 1,195,971.50 4/1/2020 860,000.00 3.42%, 3.64% 175,732.50 1,035,732.50 9,190,000.00 10/1/2020 - 3.42%, 3.64% 160,696.50 160,696.50 1,196,429.00 4/1/2021 885,000.00 3.42%, 3.64% 160,696.50 1,045,696.50 8,305,000.00 10/1/2021 - 3.42%, 3.64% 145,222.00 145,222.00 1,190,918.50 4/1/2022 915,000.00 3.42%, 3.64% 145,222.00 1,060,222.00 7,390,000.00 10/1/2022 - 3.42%, 3.64% 129,223.50 129,223.50 1,189,445.50 4/1/2023 950,000.00 3.42%, 3.64% 129,223.50 1,079,223.50 6,440,000.00 10/1/2023 - 3.42%, 3.64% 112,610.00 112,610.00 1,191,833.50 4/1/2024 985,000.00 3.42%, 3.64% 112,610.00 1,097,610.00 5,455,000.00 10/1/2024 - 3.42%, 3.64% 95,387.00 95,387.00 1,192,997.00 4/1/2025 1,020,000.00 3.42%, 3.64% 95,387.00 1,115,387.00 4,435,000.00 10/1/2025 - 3.42%, 3.64% 77,549.00 77,549.00 1,192,936.00 4/1/2026 1,050,000.00 3.42%, 3.64% 77,549.00 1,127,549.00 3,385,000.00 10/1/2026 - 3.42%, 3.64% 59,192.50 59,192.50 1,186,741.50 4/1/2027 1,0-3.42%,3.64 59,192.50 1,144,192.50 , 0 10/1/2027 - 3.42%,3.64% 40,221.00 40,221.00 4/1/2028 1.130.000.00 3.42%. 3.64% 40,221.00 1.170,221.00 1.170.000.00 10/1/2028 - 3.42%, 3.64% 20,463.50 20,463.50 1,190,684.50 4/1/2029 1,170,000.00 3.42%, 3.64% 20,463.50 1,190,463.50 1,190,463.50 Notes: - The City has no legal debt limit. - General Obligation Debt requires approval by voter referendum - Other debt requires Commission approval by a Simple Majority (4 of 7 Commissioners). FY 2026/27 1,085,000 99,414 1,184,414 FY 2027/28 1,130,000 60,685 1,190,685 Thereafter 1,170,000 20,464 1,190,464 251 Fund Budget Summary Fund Description Debt Service Series 2012 (A) Fund was established to account for debt service payment expend ssociated with the 2002 Loan which was used to acquire property for the Charter School and partial and the Community Recreation Center. The original debt was issued in 2002 and was refinanced in 2012. Debt Service Series 2012 (A) Fund Trends $362,000 $361,000 $360,000 $359,000 $358,000 $357,000 $356,000 $355,000 $354,000 $353,000 Actual Actual Amended Commission Amount Amount Budget Proposal 2023/24 2024/25 2025/26 2026/27 Revenue Projections Summary by Category Revenues Expenditures Expenditures Summary by Category Total Expenditures 360,515 356,514 OBJECT CODE DESCRIPTION 381001 TRANSFER FR-GEN FUND SUBTOTAL DEBT SERIES 2012 (A) FUND REV FISCAL YEAR 2026/27 25000000 ACTUAL ACTUAL AMENDED YTD COMMISSION AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL 2023/24 2024/25 2025/26 2025/26 2026/27 $361,585 $360,527 $358,391 $0 $356,514 TOTAL DEBT SERIES 2012 (A) FUND REV $361,585 $360,527 $358,391 $0 $356,514 $361,585 $360,527 $358,391 $0 $356,514 253 OBJECT CODE DESCRIPTION 771000 PRINCIPAL PAYMENTS 772000 INTEREST PAYMENTS SUBTOTAL DEBT SERIES 2012 (A) FUND FISCAL YEAR 2026/27 25070000 ACTUAL ACTUAL AMENDED YTD COMMISSION AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL 2023/24 2024/25 2025/26 2025/26 2026/27 $326,094 $333,183 $340,272 $0 $347,361 $35,490 $27,332 $18,119 $9,059 $9,153 $361,584 $360,515 $358,391 $9,059 $356,514 TOTAL DEBT SERIES 2012 (A) FUND $361,584 $360,515 $358,391 $9,059 $356,514 254 Bank Qualified Loan - SunTrust Bank Refunding Bonds, Series 2012 (A) Amortization Schedule 8/1/2013 278,834.00 2.18% 50,921.00 329,755.00 $ 393,689.14 4,392,817.00 2/1/2014 - 47,881.71 47,881.71 8/1/2014 300,101.00 2.18% 47,881.71 347,982.71 395,864.42 4,092,716.00 2/1/2015 - 44,610.60 44,610.60 8/1/2015 307,190.00 2.18% 44,610.60 351,800.60 396,411.20 3,785,526.00 2/1/2016 - 41,262.23 41,262.23 8/1/2016 314,279.00 2.18% 41,262.23 355,541.23 396,803.46 3,471,247.00 2/1/2017 - 37,836.59 37,836.59 8/1/2017 321,368.00 2.18% 37,836.59 359,204.59 397,041.18 3,149,879.00 2/1/2018 - 35,370.48 35,370.48 8/1/2018 283,560.00 2.65% 41,498.93 325,058.93 360,429.41 2,866,319.00 2/1/2019 - 37,763.09 37,763.09 8/1/2019 290,649.00 2.65% 37,763.09 328,412.09 366,175.18 2,575,670.00 2/1/2020 - 33,933.85 33,933.85 8/1/2020 297,738.00 2.65% 33,933.85 331,671.85 365,605.70 2,277,932.00 2/1/2021 - 30,011.22 30,011.22 8/1/2021 302,464.00 2.65% 30,011.22 332,475.22 362,486.44 1,975,468.00 2/1/2022 - 26,026.33 26,026.33 8/1/2022 311,916.00 2.65% 26,026.33 337,942.33 363,968.66 1,663,552.00 2/1/2023 - 21,916.91 21,916.91 8/1/2023 316,642.00 2.65% 21,916.91 338,558.91 360,475.82 1,346,910.00 2/1/2024 - 17,745.23 17,745.23 8/1/2024 326,094.00 2.65% 17,745.23 343,839.23 361,584.46 1,020,816.00 2/1/2025 - 13,449.01 13,449.01 8/1/2025 333,183.00 2.65% 13,449.01 346,632.01 360,081.02 687,633.00 2/1/2026 - 9,059.41 9,059.41 8/1/2026 340,272.00 2.65% 9,059.41 349,331.41 358,390.82 347,361.00 2/1/2027 - 4,576.40 4,576.40 8/1/2027 347,361.00 2.65% 4,576.40 351,937.40 356,513.80 255 Fund Budget Summary Fund Description The Debt Service Series 2012 (B) Fund was established to account for debt service payment expenditur associated with the Florida Intergovernmental Finance Commission Loan which was used to fund t construction and equipment for the Aventura Charter Elementary School. The original debt was issued 2002 and was refinanced in 2012. Debt Service Series 2012 (B) Fund Trends $450,000 $440,000 $430,000 $420,000 $410,000 Revenues $400,000 Expenditures $390,000 $380,000 $370,000 Actual Actual Amended Commission Amount Amount Budget Proposal 2023/24 2024/25 2025/26 2026/27 Revenue Projections Summary by Category Total Revenues $ - $ Expenditures Summary by Category Debt 397,961 OBJECT CODE DESCRIPTION 381190 TRANSFER FR CHARTR SCH FD SUBTOTAL DEBT SERIES 2012 (B) FUND REV FISCAL YEAR 2026/27 29000000 ACTUAL ACTUAL AMENDED YTD COMMISSION AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL 2023/24 2024/25 2025/26 2025/26 2026/27 $403,928 $444,000 $400,160 $0 $397,961 TOTAL DEBT SERIES 2012 (B) FUND REV $403,928 $444,000 $400,160 $0 $397,961 $403,928 $444,000 $400,160 $0 $397,961 OBJECT CODE DESCRIPTION 771000 PRINCIPAL PAYMENTS 772000 INTEREST PAYMENTS SUBTOTAL DEBT SERIES 2012 (B) FUND FISCAL YEAR 2026/27 29070000 ACTUAL ACTUAL AMENDED YTD COMMISSION AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL 2023/24 2024/25 2025/26 2025/26 2026/27 $363,906 $371,817 $379,728 $0 $387,639 $40,021 $30,659 $20,432 $10,216 $10,322 $403,927 $402,476 $400,160 $10,216 $397,961 TOTAL DEBT SERIES 2012 (B) FUND $403,927 $402,476 $400,160 $10,216 $397,961 258 Bank Qualified Loan - SunTrust Bank Refunding Bonds, Series 2012 (B) Amortization Schedule 8/1/2013 311,166.00 2.18% 56,825.50 367,991.50 $ 439,339.08 4,902,183.00 2/1/2014 - 53,433.79 53,433.79 8/1/2014 334,899.00 2.18% 53,433.79 388,332.79 441,766.58 4,567,284.00 2/1/2015 - 49,783.40 49,783.40 8/1/2015 342,810.00 2.18% 49,783.40 392,593.40 442,376.80 4,224,474.00 2/1/2016 - 46,046.77 46,046.77 8/1/2016 350,721.00 2.18% 46,046.77 396,767.77 442,814.54 3,873,753.00 2/1/2017 - 42,223.91 42,223.91 8/1/2017 358,632.00 2.18% 42,223.91 400,855.91 443,079.82 3,515,121.00 2/1/2018 - 39,885.87 39,885.87 8/1/2018 316,440.00 2.65% 46,796.66 363,236.66 403,122.53 3,198,681.00 2/1/2019 - 42,583.91 42,583.91 8/1/2019 324,351.00 2.65% 42,583.91 366,934.91 409,518.82 2,874,330.00 2/1/2020 - 38,265.84 38,265.84 8/1/2020 332,262.00 2.65% 38,265.84 370,527.84 408,793.68 2,542,068.00 2/1/2021 - 33,842.45 33,842.45 8/1/2021 337,536.00 2.65% 33,842.45 371,378.45 405,220.90 2,204,532.00 2/1/2022 - 29,348.85 29,348.85 8/1/2022 348,084.00 2.65% 29,348.85 377,432.85 406,781.70 1,856,448.00 2/1/2023 - 24,714.82 24,714.82 8/1/2023 353,358.00 2.65% 24,714.82 378,072.82 402,787.64 1,503,090.00 2/1/2024 - 20,010.57 20,010.57 8/1/2024 363,906.00 2.65% 20,010.57 383,916.57 403,927.14 1,139,184.00 2/1/2025 - 15,165.91 15,165.91 8/1/2025 371,817.00 2.65% 15,165.91 386,982.91 402,148.82 767,367.00 2/1/2026 - 10,215.92 10,215.92 8/1/2026 379,728.00 2.65% 10,215.92 389,943.92 400,159.84 387,639.00 212027 - 5,160.62 5,160.62 8/1/2027 387,639.00 2.65% 5,160.62 392,799.62 397,960.24 - FY 2026127 387,639 10,322 397,961 Fund Budget Summary Fund Description The Debt Service Series 2018 Fund was established to account for debt service payment expenditi associated with the partial construction and equipping of the Don Soffer Aventura High School within City and paying costs of issuance of the bonds. The bank qualified bonds were issued in February of have a life of 20 years and an interest rate of 3.68%. Debt Service Series 2018 Fund Trends $499,000 $498,000 $497,000 $496,000 Revenues $495,000 Expenditures $494,000 $493,000 Actual Actual Amended Commission Amount Amount Budget Proposal 2023/24 2024/25 2025/26 2026/27 Revenue Projections Summary by Category Transfers In $ 496,724 $ 495,960 $ 494,828 $ - $ 498,236 Expenditures Summary by Category Actual Actual Amended YTD Commission Amount Amount Budget Actual Proposal egor 2023/24 2024/25 25/26 25/2 026/271 ►2 Ii] DEBT SERIES 2018 FUND REVENUE FISCAL YEAR 2026/27 29100000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 381001 TRANSFER FR-GEN FUND $496,724 $495,960 $494,828 $0 $498,236 SUBTOTAL $496,724 $495,960 $494,828 $0 $498,236 TOTAL DEBT SERIES 2018 FUND $496,724 $495,960 $494,828 $0 $498,236 REVENUE OBJECT CODE DESCRIPTION 771000 PRINCIPAL PAYMENTS 772000 INTEREST PAYMENTS SUBTOTAL DEBT SERIES 2018 FUND FISCAL YEAR 2026/27 29170000 ACTUAL ACTUAL AMENDED YTD COMMISSION AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL 2023/24 2024/25 2025/26 2025/26 2026/27 $290,000 $300,000 $310,000 $310,000 $325,000 $206,724 $195,960 $184,828 $184,828 $173,236 $496,724 $495,960 $494,828 $494,828 $498,236 TOTAL DEBT SERIES 2018 FUND $496,724 $495,960 $494,828 $494,828 $498,236 Bank Qualified Loan - BB&T Bank Capital Revenue Bonds, Series 2018 Amortization Schedule 8/1/2018 $ 110,000 3.68% $ 120,479 $ 230,479 $ 230,479 6,990,000 2/1/2019 120,000 3.68% 128,616 248,616 6,870,000 8/1/2019 120,000 3.68% 126,408 246,408 495,024 6,750,000 2/1/2020 125,000 3.68% 124,200 249,200 6,625,000 8/1/2020 125,000 3.68% 121,900 246,900 496,100 6,500,000 2/1/2021 130,000 3.68% 119,600 249,600 6,370,000 8/1/2021 130,000 3.68% 117,208 247,208 496,808 6,240,000 2/1/2022 130,000 3.68% 114,816 244,816 6,110,000 8/1/2022 140,000 3.68% 112,424 252,424 497,240 5,970,000 2/1/2023 135,000 3.68% 109,848 244,848 5,835,000 8/1/2023 145,000 3.68% 107,364 252,364 497,212 5,690,000 2/1/2024 145,000 3.68% 104,696 249,696 5,545,000 8/1/2024 145,000 3.68% 102,028 247,028 496,724 5,400,000 2/1/2025 150,000 3.68% 99,360 249,360 5,250,000 8/1/2025 150,000 3.68% 96,600 246,600 495,960 5,100,000 2/1/2026 155,000 3.68% 93,840 248,840 4,945,000 8/1/2026 155,000 3.68% 90,988 245,988 494,828 4,790,000 [2h/2027 165,000 8% 88,136 253,136 4,625,000 /1/2027 160,000 3.68% 85,100 245,100 498,236 4,465,000 212028 165.000 3.68% 82.156 247.156 4.300.000 8/1/2028 170,000 3.68% 79,120 249,120 496,276 4,130,000 2/1/2029 175,000 3.68% 75,992 250,992 3,955,000 8/1/2029 175,000 3.68% 72,772 247,772 498,764 3,780,000 2/1/2030 180,000 3.68% 69,552 249,552 3,600,000 8/1/2030 180,000 3.68% 66,240 246,240 495,792 3,420,000 2/1/2031 185,000 3.68% 62,928 247,928 3,235,000 8/1/2031 190,000 3.68% 59,524 249,524 497,452 3,045,000 2/1/2032 195,000 3.68% 56,028 251,028 2,850,000 8/1/2032 195,000 3.68% 52,440 247,440 498,468 2,655,000 2/1/2033 205,000 3.68% 48,852 253,852 2,450,000 8/1/2033 200,000 3.68% 45,080 245,080 498,932 2,250,000 2/1/2034 205,000 3.68% 41,400 246,400 2,045,000 8/1/2034 210,000 3.68% 37,628 247,628 494,028 1,835,000 2/1/2035 220,000 3.68% 33,764 253,764 1,615,000 8/1/2035 215,000 3.68% 29,716 244,716 498,480 1,400,000 2/1/2036 225,000 3.68% 25,760 250,760 1,175,000 8/1/2036 225,000 3.68% 21,620 246,620 497,380 950,000 2/1/2037 230,000 3.68% 17,480 247,480 720,000 8/1/2037 235,000 3.68% 13,248 248,248 495,728 485,000 2/1/2038 245,000 3.68% 8,924 253,924 240,000 8/1/2038 240,000 3.68% 4,416 !. 244,416 498,340 - 2026/27 325,000 173,236 498,236 2027/28 335,000 161,276 496,276 Dreafter 4,130,000 843,364 4,973,364 263 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Stormwater Utility Fund City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank Fund Budget Summary Fund Description fhe Stormwater Utility Fund is used to account for revenues and expenditures specifically earmarked for the ;onstruction and maintenance of the City's stormwater drainage system. Stormwater Utility Fund Trends $4,000,000 $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 Actual Actual Amended Commission Amount Amount Budget Proposal 2023/24 2024/25 2025/26 2026/27 Revenue Projections Summary by Category Revenues Expenses Intergovernmental $ - $ - $ - $ - $ 204,500 Charges for Services 1,466,061 1,393,918 2,092,415 2,067,710 2,346,550 Investment Income 111,686 110,138 35,000 86,881 36,550 Miscellaneous 9,103 - - - - Carryover - - - - 1,140,325 LI Expenses Summary by Category Operating 498,770 1,219,276 667,665 666,934 1,030,820 Depreciation & Amortization 549,252 572,059 - - - Capital 1 29,391 1,000,000 - 2,500,000 Debt Service 2,130 1,093 - - - Capital - CIP Reserve S - S - 5 219,698 5 - 5 �• Public Works/Transportation Stormwater Utility Fund Organization Chart .. 202324M-MW=20261207 Public Works/Transportation Director - - 0.20 0.20 Assistant PW/Transportation Director - - 0.20 0.20 Executive Assistant - - 0.05 0.05 Engineer I - - 0.50 - Facilities Manager - - 0.05 0.05 Maintenance Supervisor - - 0.50 0.50 Trades Worker II - - 0.20 0.15 Trades Worker III** - - - 0.05 *Beginning in FY 2025/26, all positions are allocated within the Public Works/Transportation Department of the General Fund and in the Stormwater Fund ** (1) Trades Worker III promoted during FY 2024/25 from Trades Worker II STORMWATER UTILITY FUND REV FISCAL YEAR 2026/27 41000000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 IIIl. • , 331245 FEDERAL GRANTS $0 $0 $0 $0 $204,500 SUBTOTAL $0 $0 $0 $0 $204,500 343900 STORMWATER UTILITY FEES $1,466,061 $1,393,918 $2,092,415 $2,067,710 $2,346,550 SUBTOTAL $1,466,061 $1,393,918 $2,092,415 $2,067,710 $2,346,550 • 361100 INTEREST EARNINGS -INVESTMENTS $111,686 $110,138 $35,000 $86,881 $36,550 SUBTOTAL $111,686 $110,138 $35,000 $86,881 $36,550 364000 DISPOSAL -SALE OF FIXED ASSETS $9,103 $0 $0 $0 $0 SUBTOTAL $9,103 $0 $0 $0 $0 399900 CARRYOVER $0 $0 $0 $0 $1,140,325 SUBTOTAL $0 $0 $0 $0 $1,140,325 TOTAL STORMWATER UTILITY FUND $3,727,925 $1,586,850 $1,504,057 $2,127,415 $2,154,591 REV 269 STORMWATER UTILITY FUND FISCAL YEAR 2026/27 41060000 ACTUAL ACTUAL AMENDED YTD COMMISSION OBJECT AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL CODE DESCRIPTION 2023/24 2024/25 2025/26 2025/26 2026/27 512000 REGULAR SALARIES $0 $0 $169,601 $108,041 $132,410 514000 OVERTIME $0 $0 $0 $975 $998 521000 FICA & MEDICARE TAXES $0 $0 $12,975 $7,750 $9,755 522000 CITY PENSION CONTRIBUTION $0 $0 $24,413 $15,567 $19,322 523000 HEALTH, LIFE & DISABILITY $0 $0 $27,299 $17,742 $26,032 524000 WORKERS' COMPENSATION $0 $0 $5,764 $7,098 $8,588 SUBTOTAL $0 $0 $240,052 $157,175 $197,105 531010 ENGINEERING $64,463 $415,236 $100,000 $67,250 $302,700 531070 OTHER PROFESSIONAL SERVICES $0 $0 $0 $58,714 $7,500 534010 LANDS./TREE MAINT. SERVICES $267,321 $370,000 $384,800 $370,000 $530,090 534060 STREET MAINTENANCE/DRAINAGE $165,312 $395,486 $176,800 $170,345 $176,800 540030 CAR ALLOWANCE $0 $0 $0 $137 $0 541000 COMMUNICATION SERVICES $0 $0 $1,065 $488 $730 547000 PRINTING AND BINDING $0 $30,572 $0 $0 $0 554000 SUBSCRIPTIONS & MEMBERSHIPS $1,399 $7,982 $3,000 $0 $10,000 555000 CONFERENCES/SEMINARS/TRAINING $275 $0 $2,000 $0 $3,000 SUBTOTAL $498,770 $1,219,276 $667,665 $666,934 $1,030,820 559000 DEPRECIATION $516,891 $528,274 $0 $0 $0 559010 AMORTIZATION EXPENSE $32,360 $43,785 $0 $0 $0 SUBTOTAL $549,252 $572,059 $0 $0 $0 660000 CAPITALIZED ASSETS ($4,678) $0 $0 $0 $0 663050 DRAINAGE IMPROVEMENTS $0 $29,391 $1,000,000 $0 $2,500,000 663080 SEAWALL IMPROVEMENTS $4,679 $0 $0 $0 $0 669999 CAPITAL RESERVE $0 $0 $219,698 $0 $0 SUBTOTAL $1 $29,391 $1,219,698 $0 $2,500,000 270 CODE DESCRIPTION 772000 INTEREST PAYMENTS SUBTOTAL STORMWATER UTILITY FUND FISCAL YEAR 2026/27 41060000 ACTUAL ACTUAL AMENDED YTD COMMISSION AMOUNT AMOUNT BUDGET ACTUAL PROPOSAL 2023/24 2024/25 2025/26 2025/26 2026/27 $2,130 $1,093 $0 $0 $0 TOTAL STORMWATER UTILITY FUND $2,130 $1,093 $0 $0 $0 $1,050,153 $1,821,818 $2,127,415 $824,109 $3,727,925 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Financial Policies 273 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 274 The City's financial policies, compiled below, set forth the basic framework for the overall fiscal management of the City. Operating independently of changing circumstances and conditions, these policies assist the decision -making process of the City Manager and City Commission. These policies provide guidelines for evaluating both current activities and proposals for future programs. Most of the policies represent long-standing principles; traditions and practices that have guided the City in the past and have helped maintain financial stability over the last 30 years. They are reviewed annually as a decision -making tool and to ensure their continued relevance in an ever-changing environment. The current years budget complies with the relevant and applicable financial policies presented below. Capital Improvement Program Budget Policies 1. Each year, the City prepares a five-year capital improvement program ("CIP") analyzing all anticipated capital expenditures and identifying associated funding sources. Future capital expenditures necessitated by changes in population, changes in development, growth, redevelopment or changes in economic base will be calculated and included in the capital update process. 2. The City will perform all capital improvements in accordance with the adopted CIP. The City will maintain its physical assets at a level adequate to protect the City's capital investment and minimize future maintenance and replacement costs. The budget will provide for the adequate maintenance and the orderly replacement of the capital equipment from current revenues wherever possible. 3. The City will provide sufficient funds to replace and upgrade equipment as well as to take advantage of new technology thereby ensuring that employees have safe and efficient tools to provide their service. It reflects a commitment to further automation and use of available technology to improve productivity in the City's workforce. The objective for upgrading and replacing equipment includes: (1) normal replacement as equipment completes its useful life, (2) upgrades to new technology, and (3) additional equipment necessary to service the needs of ACES and the DSAHS. 4. The City will use the following criteria to evaluate the relative merit of each capital project. Capital expenditures will foster goals of: a) Projects specifically included in an approved replacement schedule. b) Projects that reduce the cost of operations. c) Projects that significantly improve safety and reduce risk exposure. 5. The classification of items as capital or operating will be determined by two (2) criteria - cost and frequency. Generally, a capital project has a "useful life" of more than one (1) year and a value of $5,000 or more. 6. The City will coordinate development of the CIP with the development of the operating budget. Future operating costs associated with new capital improvements will be projected and included in the operating forecasts. 7. The first year of the five-year CIP will be used as the basis for formal fiscal year appropriations during the annual budget process. 8. The City will maintain all of its assets at a level adequate to protect the City's capital investment and to minimize future maintenance and replacement costs. 9. The City will identify the estimated cost of capital projects and prepare a funding projection that considers revenues and operating costs to be included in the CIP document that is submitted to the City Commission for approval. 10. The City will determine the most appropriate financing method for all new projects. 11. If appropriate, the City will attempt to maintain a mixed policy of pay-as-you-go and borrowing against future revenues for financing capital projects. 12. The City will maintain ongoing maintenance schedules relating to road, sidewalk and drainage system improvements. 13. The City will address and prioritize infrastructure needs on the basis of protecting the health, safety and welfare of the community. 14. A CIP preparation calendar shall be established and adhered to. 15. Capital projects will conform to the City's Comprehensive Plan. 16. Long-term borrowing will not be used to fund current operations or normal maintenance. 17. The City will strive to maintain an unassigned General Fund balance at a level not less than 10% of the annual General Fund revenue. 18. If new project appropriation needs are identified at an interim period during the fiscal year, the funding sources will be identified and mid -year budget amendments will be utilized to provide formal budgetary authority. In addition, budget amendments may be utilized to increase appropriations for specific capital projects. Beautification and Park Facility Improvement Project Policies The City's investment in improvements to its City park system is based on the following policies: Goal. Provide adequate and accessible parks and facilities to meet the recreational needs of all current and future residents. • Provide a variety of quality recreational facilities that will meet the needs of all age groups within the City and enhance the overall environmental characteristics of the area. • Maximize the utilization of all public facilities through the provision of variety in the type of facility offered. • Provide exercise/walking paths and designated areas for bike riders to enhance the physical well-being of residents. • Provide recreational facilities on the basis of 2.75 acres per 1,000 population. • Encourage the integration of recreational facilities into the development of residential, commercial, industrial and open space land uses. Goal. Update the five-year CIP on an annual basis. • Provide parks whereby residents have access to neighborhood parks within a two (2) mile radius and community parks which serve the entire City. Goal. Increase safety standards • Provide for adequate security measures including the limited access to facilities. • Replace dangerous equipment and eliminate visual barriers to reduce criminal opportunities. • Employ vandal -resistant equipment and facilities. • Maintain a Parks Usage Plan to protect the City's investment in the park system and ensure the residents' safety. Goal. Protect and preserve environmentally sensitive land and water areas. • Preserve and enhance open space with environmental impact. Capital Equipment Purchase and Replacement Project Policies The City's investment in capital equipment purchases and replacements is based on the following policies: Goal. Provide capital equipment that will meet the needs of all departments in order to continue to efficiently and effectively provide municipal services to the City's residents. • Replace equipment when it becomes unusable, unsafe or when maintenance costs outweigh the total cost of replacement. • Develop and maintain an "Equipment Evaluation and Replacement Guide" to determine replacement schedules and costs. • Purchase more economical, fuel efficient and multi -functional vehicles. • Purchase "green" or electric vehicles where practical. • Maintain all City assets at a level adequate to protect the City's capital investment and to minimize future maintenance and replacement costs. Drainage System improvement Projects Policies The City's investment in its drainage system improvements is based on the following policy: Goal. Utilize the Stormwater Utility Fund to provide revenue sources to fund drainage improvements contained in the CIP. • Coordinate area -wide storm water developments with major street improvements. • Provide adequate storm drainage as defined by present standards for different types of areas of the City. • Upgrade areas of the City to conform to the present drainage standards in order to eliminate flood prone areas. • Implement projects that address the long-term problems of the rising sea levels. Information Technology Improvement Projects Policies The City's investment in information/technology projects is based on the following policies: • Continue implementation and upgrades of the Management Information System for all key City operations to automate functions and improve efficiency and productivity. • Maintain a state-of-the-art Citywide radio communications capability for police operations. • Develop and maintain computerized capabilities of the various City departments and information systems. • Utilize the latest state-of-the-art technology including the use of the Internet and social media for the delivery of services. • Maintain the E911 system to enhance police emergency response times. • Utilize the latest technology for education and teaching at the Charter School and the Don Soffer Aventura High School. Public Buildings and Facility Improvement Projects Policies The City's investment in improvements to public buildings and operational facilities is based on the following policies: • Provide easily accessible services to City residents and adequate parking for City facilities. • Repair and maintain all buildings and facilities in proper working order to increase the useful life of these facilities. Transportation System Improvement Projects Policies The City's investment in improvements to its transportation system, roads, sidewalks and street lighting is based on the following policies: Goal. Improve local roads to meet road safety requirements and serve the transportation needs of the City. • Systematically provide local street improvements throughout the City based upon the existing condition, age and the cost of maintenance of the street. • Implement improvements to meet safety standards. • Improve safety by installing street lighting on all appropriate public roadways. 278 • Provide walkways and sidewalks to improve the safety of residents traveling throughout the City. • Accept the dedication of private roads throughout the City in accordance with the Policy governing the conversion of private roads to public roads as outlined in Resolution No. 97-05. Goal. Address traffic flow along the major roadways and intersections by implementing projects that create improvements to the system. Cash Management/Investment Policies Pooled Cash The City maintains a pooled cash account for all funds, enabling the City to invest large amounts of idle cash for short periods of time and to optimize earnings potential. Cash and cash equivalents represent the amount owned by each City fund. Interest earned on pooled cash and investments is allocated monthly based on cash balances of the respective funds. Investments are reported at their fair value based on quoted market prices as reported by recognized security exchanges. Investing On February 7, 2019, the City Commission re -adopted, by Resolution, Chapter 6.6 of the Administrative Policy Directives and Procedures Manual, entitled "Investment Objectives and Parameters" as the City's Investment Policy for the Management of Public Funds. The Policy was adopted in accordance with Section 218.415, F.S., and its underlying objective is to properly manage and diversify the City's investments to ensure: 1. Safety of Capital 2. Liquidity of Funds 3. Investment Income The purpose of this policy is to set forth the investment objectives and parameters for the management of public funds of the City. These policies are designed to ensure the prudent management of public funds, the availability of operating and capital funds when needed and a competitive investment return. This investment policy applies to the investment of public funds in excess of amounts needed to meet current expenses, which includes cash and investment balances of City funds. Investment Categories Cash. Cash Equivalents and Investments This investment category consists of cash and short-term investments with original maturities of three (3) months or less when purchased, includes cash on hand, demand deposits and investments with the Florida SBA Pool. Operating Account The City's operating funds are currently in a Full Analysis Public Funds Account. This account earns a combination of credit against our analysis charges in addition to interest income. At June 30, 2021, the City's funds were collateralized according to the Qualified Public Depository program, where banks are required to maintain collateral amounts with the Florida Pool. Florida SBA Pool ("Florida Prime") Florida Prime is a 2a7 -like pool and the value of the City's position is the same as the value of the pool shares and is recorded at amortized cost. Investments under Management In May of 2009 the City contracted with an Investment Manager to manage a portion of the City's investment portfolio in accordance with our Investment Objectives and Parameters Policy. The City utilizes a 3rd- Party Custodian for all of the City's investments under the direction of our Investment Manager. A Complete list of the City's Authorized Investments may be found in ("Appendix C") entitled Authorized Investment Summary Table. Financing Programs and Debt Administration The City currently has four (4) outstanding long-term debt issues. At September 30, 2026, the projected aggregate outstanding principal balance will be $10,990,000. Debt Service Fund Series 2010 & 2011(230) Due to a very favorable interest rate environment, in September of 2010, the City issued a partial advance refunding of the original Series 1999 Revenue Bonds with a Bank Loan (described below) that resulted in a more than $1.1M NPV savings over the life of the loan. The remaining portion of the original Series 1999 Revenue Bonds was refunded in February of 2011 and resulted in a nearly $530,000 NPV savings over the life of its loan. The Series 2010 Revenue Bonds are bank qualified debt, secured solely by a covenant to budget and appropriate the required debt service payments each year. This loan is structured the same as a serial bond issue with principal payments due on April Pt and semi-annual interest payments due on April Pt and October 1St of each year with the final maturity on April 1, 2029. Debt service requirements average approximately $751,000 per year over the 19 -year life of the obligation. The interest rate is locked at 3.42%. The Series 2011 Revenue Bonds are bank qualified debt, secured solely by a covenant to budget and appropriate the required debt service payments each year. This loan is structured the same as a serial bond issue with principal payments due on April 1St and semi-annual interest 280 payments due on April 1St and October 1St of each year with the final maturity on April 1, 2029. Debt service requirements average approximately $406,000 per year over the 19 -year life of the obligation. The interest rate is locked at 3.64%. Debt Service Fund Series 2012 (A) (250) & Series 2012 (B) (290) Due to a very favorable interest rate environment, in June of 2012, the City refunded the original Series 2002 Revenue Bonds with a Bank Loan (described below) that resulted in a more than $2.5M NPV savings over the life of the loan. The Series 2012 Revenue Bonds are bank qualified debt, secured solely by a covenant to budget and appropriate the required debt service payments each year. This loan is structured the same as a serial bond issue with principal payments due on August 1St and semi-annual interest payments due on February 1St and August 1St of each year with the final maturity on August 1, 2027. Debt service requirements average approximately $368,000 and $411,000 for Debt Service Funds 250 and 290, respectively per year over the 15 -year life of the obligation. The interest rate is locked at 2.65%. Debt Service Fund Series 2018 (291 The Series 2018 Revenue Bonds are bank qualified debt, secured solely by a covenant to budget and appropriate the required debt service payments each year. This loan is structured the same as a serial bond issue with principal and interest payments due on February 1St and August 1St of each year with the final maturity on August 1, 2038. Debt service requirements average approximately $497,000 per year over the 20 -year life of the obligation. The interest rate is locked at 3.68%. Debt Policy and Administratior The City has established an informal policy regarding the utilization and management of debt instruments. Debt is used for a variety of purposes. The principal use of debt by the City has been for making capital expenditures. This informal policy was formed to establish criteria and procedures for the issuance of debt financing by the City. This Debt Policy supports the commitment of the City Commission, management, staff and other decision makers to adhere to the sound financial management practices including full and timely repayment of all borrowings and achieving the lowest possible cost of capital. 1. General a) The City will analyze all funding alternatives in order to minimize the impact of debt structures on the taxpayers. b) The City may utilize debt to refinance current debt or for the acquisition, construction or remodeling of capital improvement projects that cannot be funded from current revenue sources or in such cases wherein it is more equitable to the user of the project to finance the project over its useful life. 2. Debt Structure The City may consider the use of credit enhancements (letters of credit, bond insurance, surety bonds, etc.) when such credit enhancements prove cost effective. 3. Issuance of Obligations a) The City may retain an independent financial advisor for advice on debt structuring and marketing debt issuances. b) The City may also retain independent bond counsel and disclosure counsel for legal and procedural advice on all debt issuances. c) As necessary, the City may retain other service advisors, such as trustees, underwriters and pricing advisors. d) Any process utilized to select professional service providers in connection with the City's debt program shall be in conformance with City purchasing policies, procedures and requirements. 4. Maturity of the Debt Bonds will generally not have more than thirty (30) year duration. 5. Payment of Debt Pre -authorized electronic payments are utilized to ensure that all debt related payments are made and received in a timely manner. Debt Limit Although the City Charter makes no reference to limitations in establishing debt (i.e., debt limit), the City has limited its borrowing to prudent levels that are able to be satisfied with existing revenue and cash flow projections. Prudent meaning that the City maintains a debt amount that the General Fund can afford to transfer to the Debt Service Funds as it has no voted debt millage. The City strives to keep the tax rate consistent while maintaining service levels. In order to achieve this goal, the General Fund needs to be able to subsidize the debt. The City utilizes debt financing on large expenditures for capital projects or purchases that may be depreciated over their useful lives. By using debt financing, the cost of the expenditure is amortized over its useful life allowing the expenditure to be matched against revenue streams from those receiving the benefits. The City in doing so, balances the budget knowing that over the coming years, as the levels of debt payments will decrease, additional funds will be available for use in other areas of the City, or to look at undertaking larger Capital Projects which would require new debt. Debt Issuance When establishing debt, there are a number of factors that must be considered in the process. These factors include the long-term needs of the City and the amount of resources available to repay the debt. There are different ways for a City to achieve debt financing. The City may obtain a bank loan, issue special revenue bonds or ask the residents to approve a ballot item authorizing the issuance of general obligation bonds. The Commission considers the asset's useful life and current economic conditions, to determine the appropriate type of financing instrument. The City Charter allows revenue bonds to be issued when authorized by the City Commission as long as five (5) of the seven (7) Commission members approve the debt. Ad Valorem (general obligation bonds) must be approved by referendum of the electorate. The Charter provides no limit on the amount of the general obligation debt; however, the adopted Capital Improvement Program provides that the general obligation bonds shall not exceed 10% of the City's total assessed value. The City of Aventura has issued bank qualified revenue bonds. In the Debt Service Funds section of the budget document, the purpose and use of each debt issuance can be found under each bond issuance title and number as well as the debt to maturity schedules outlining the principal and interest owed until the payoff date. 2016 22,015,000 380,498 21,634,502 9,D94,962102 0.24% 575.22 2017 20,165,000 408,361 19,756,639 9,901,694,244 020% 524.13 2018 25,335,004 478,742 24,856,258 10,098,997,863 0.25% 659.42 2019 23,215,000 536,587 22,678,413 1D,365,84D,176 03276 644.12 2020 20,510,000 258,892 20,251,108 10,746,186,632 0.19% 532.49 2021 18,725,000 297,898 16,427,102 10,550,216,874 0.17% 456.44 2022 16,880,000 335,118 16,544,882 10,451,356,658 0.16% 411.13 2023 14,980,DDD 376,327 14,603,673 11,368,391,539 0.13% 362.85 2024 13,015,000 376,330 12,638,670 12,506,035,242 0.10% 324.52 2025 10,990,000 495,417 10,494,563 13,549,224,714 0.08% 261.25 The above shows the total outstanding debt over the past ten (10) audited fiscal years. The table shows how the amount of debt has decreased as well as the percentage as it relates to assessed value of taxable property and the amount per capita. 283 Fund Balance Policies The City hereby establishes and will classify reservations of General Fund, Fund Balance, as defined herein, in accordance with GASB Statement No. 54 Fund Balance Reporting and Governmental Fund Type Definitions. This policy shall primarily apply to the City's General Fund. Fund Balance shall be composed of nonspendable, restricted, committed, assigned and unassigned amounts. Fund Balance information is primarily used to identify the available resources to repay long- term debt, fund capital improvements, stabilize property tax rates, or enhance the City's financial position, in accordance with policies established by the City Commission. Fund Balance Definitions and Classifications Fund Balance - refers to the difference between assets and liabilities reported in a governmental fund. Listed below are the various Fund Balance categories (in order from most to least restrictive). Fund Balance - Nonspendable Includes amounts that are not in a spendable form (e.g., inventory) or are required, either legally or contractually, to be maintained intact (e.g., principal of an endowment fund). Examples include: • Inventory • Prepaid Expenditures • Long -Term Portion of Receivables • Corpus of a Permanent Fund The City hereby establishes the following Nonspendable Fund Balance Reserves in the General Fund: a) Inventory Reserve The Inventory Fund Balance Reserve is established to indicate those amounts relating to inventories that are not in a spendable form. b) Prepaid Expenditures The Prepaid Expenditures Fund Balance Reserve is established to indicate those amounts relating to prepaid expenditures that are not in a spendable form. Fund Balance - Restricted Includes amounts that can be spent only for the specific purposes stipulated by external resource providers (e.g., creditors, grant providers, contributors or laws or regulations of other governmental entities), constitutionally, or through enabling legislation (that is, legislation that 284 creates a new revenue source and restricts its use). Effectively, restrictions may be changed or lifted only with the consent of resource providers and when they are legally enforceable. Fund Balance — Committed Includes amounts that can be used only for the specific purposes as established by the adoption of this policy and the annual budget ordinance by the City Commission. Commitments can only be removed or changed by taking the same action that originally established the commitment (e.g., an ordinance). Committed Fund Balance remains binding unless removed in the same manner in which it was established. The action to impose the limitation on resources needs to occur prior to the close of the fiscal year, although the exact amount may be determined subsequently. Contractual obligations should be incorporated to the extent that existing resources in the fund have been specifically committed for use in satisfying those contractual obligations. Encumbrances may be reported as committed. The City hereby establishes the following Committed Fund Balance Reserves in the General Fund: a) Capital Reserve The Capital Fund Balance Reserve is committed by the City Commission as set forth in the annual budget ordinance (and any amendments thereto) to be utilized in future years to fund various capital needs. b) Hurricane/Emergency Recovery Operating Reserve The Hurricane/Emergency Recovery Operating Fund Balance Reserve is to be maintained by the City Manager at a minimum level of $5,000,000 for the purposes of responding to and providing relief and recovery efforts to ensure the maintenance of services to the public during hurricane/emergency situations. Such emergencies include, but are not limited to hurricanes, tropical storms, flooding, terrorist activity and other natural or man- made disasters. Additional funds may be appropriated when necessary via a budget amendment ordinance. This Reserve may not necessarily be established in the annual budget. In the event these funds are utilized, they should be replenished in order to prepare for possible future events. The City will make every effort to replenish this reserve over a five-year period beginning with the completion of recovery from the event for which the reserve funds were used. The rest of this page has intentionally been left blank ►x:17 Fund Balance — Assigned Includes amounts that the City intends to use for specific purposes or projects as authorized by the City Manager. In governmental funds other than the General Fund, assigned fund balance represents the amount that is not restricted or committed. This indicates that resources in other governmental funds are, at a minimum, intended to be used for the purpose of that fund. An appropriation of existing fund balance to eliminate a projected budgetary deficit in the subsequent year's budget in an amount no greater than the projected excess of expected expenditures over expected revenues satisfies the criteria to be classified as an assignment of fund balance. Encumbrances resulting from issuing purchase orders as a result of normal purchasing activities approved by appropriate officials may be reported as assigned. Fund Balance — Unassigned Unassigned fund balance for the General Fund includes all amounts not contained in the other classifications. Unassigned amounts are the portion of fund balance which is not obligated or specifically designated and are generally available for any purpose. If another governmental fund has a fund balance deficit, then it will be reported as a negative amount in the unassigned classification in that fund. Positive unassigned amounts will be reported only in the General Fund. The Minimum Level of Unassigned Fund Balance of the General Fund, at the beginning of each fiscal year, shall not be less than 10% of the annual General Fund revenue. In any fiscal year where the City is unable to maintain this 10% minimum reservation of fund balance as required in this section, the City shall not budget any amounts of unassigned fund balance for the purpose of balancing the budget. In addition, the City Manager will make every effort to reestablish the minimum Unassigned Fund Balance in a 24 - 36 -month period beginning with the year from which the reserve funds fell below the 10% threshold. Spending Order of Fund Balance The City uses restricted amounts to be spent first when both the restricted and unrestricted fund balance is available unless there are legal documents/contract that prohibit doing this, such as in grant agreements requiring dollar for dollar spending. Additionally, the City would first use committed fund balance, followed by assigned fund balance and then unassigned fund balance when expenditures are incurred for purposes for which amounts in any of the restricted fund balance classification could be used. Open encumbrances at the end of the fiscal year may only be classified as committed or assigned, depending on at what level of authorization originally established them. Annuai Review and Determination of Fund Balance Reserve Amounts The City Manager shall issue a report on an annual basis to the City Commission outlining compliance with the fund balance policy. Accounting, Auditing, and Financial Reporting Policies An independent audit will be performed annually. The City will produce annual financial reports in accordance with GAAP as outlined by the GASB. Operating Budget Policies 1. The City will maintain at a minimum, an accessible cash reserve equivalent to eight (8) weeks of operating costs. 2. No new or expanded services shall be implemented without a corresponding revenue source or the implementation of trade-offs of expenses or revenues at the same time. This applies to personnel, equipment and any other peripheral expenses associated with the service. 3. The City shall continue to support a scheduled level of maintenance and replacement of its infrastructure. 4. The City shall support capital expenditures that reduce future operating costs. 5. All budgeted funds of the City must be balanced, i.e. revenues must equal expenditures/expenses as per Florida Statute 200.065. Purchasing Policy and Administration The purchasing process involves the act and function of responsibility for the acquisition of equipment, materials, supplies and services arriving at a fair and reasonable price and terms, preparing the contract or purchase order, and following up to ensure timely delivery. Our goal is to promote the City's best interest through planning, evaluation and selection of vendors in order to obtain cost effective and efficient goods and services. The Finance Department via the Purchasing Manager is to conduct all purchasing activities in a manner that is conducive to building and maintaining a professional relationship with vendors while buying the goods and services required at the lowest possible cost to the City. Objectives To provide at the time and place needed in the proper quantity and of the proper quality: all materials, supplies, tools, equipment and services for the operations of the City. 1. To secure such materials, supplies, tools, equipment and services at the lowest possible cost, consistent with prevailing economic conditions, while establishing and maintaining a reputation for fairness and integrity. 2. To furnish members of management with timely information and to advise them how market conditions and trends could affect the future availability and price of any needed materials, supplies, tools, equipment and services. 3. Conduct all purchasing in accordance with City Ordinance No. 96-07 as amended by Ordinance No. 2006-17 and Ordinance No. 2024-13. 4. Stimulate competitive bidding and provide interested vendors with an opportunity to offer their products and/or services to the City. 1. Purchases < or = to $5,000 Do not require competitive bidding or City Commission approval. 2. Purchases > $5,000 but < $100,000 May be made or entered into by the City Manager without City Commission approval, provided that three (3) quotes are obtained. 3. Purchases > $100.000 Except as exempted by sections 2-253 and 2-256, shall be awarded by the City Commission after formal competitive Bidding, (e.g., Request for Proposal [REP]). Revenue Policies 1. The City will attempt to maintain a diversified and stable revenue system as a shelter from short -run fluctuations in any single revenue source. 2. The City will attempt to obtain new revenue sources as a way of ensuring a balanced budget. 3. The City will review fees/charges annually and will design or modify revenue systems to include provisions that automatically allow charges to grow at a rate that keeps pace with the cost of providing the service. Risk Management The City maintains an insurance policy through the Brown & Brown Insurance Services, Inc. for general liability, automobile, property, flood, workers' compensation coverage and other miscellaneous insurance coverages for City -owned or leased facilities and equipment. The liability limit under this policy is $5,000,000. The rest of this page has intentionally been left blank 288 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Appendix A Capital Improvement Program Fiscal Years 2026/27 - 2030/31 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank Capital Improvement Program Document Guide Locating a Specific Capital Project The CIP is divided into six (6) program areas as follows: 1. Beautification and Park Facility Improvement Projects (BP) 2. Capital Equipment Purchase and Replacement Projects (CE) 3. Drainage System Improvement Projects (DI) 4. Information Technology Improvement Projects (IT) 5. Public Building and Facility Improvement Projects (PBF) 6. Transportation System Improvement Projects (TI) Each project in the CIP has a unique project number. This project number appears at the beginning of the individual project descriptions and the tables throughout the document. The first digit refers to the functional category number assigned by the City Manager and the final digits outline the individual department requesting the project. For example, project BP1-CS is Beautification and Park Facility Improvement Projects number one (1) of the requested projects by the Community Services Department. Reading the Capital Improvement Program Schedules Summary of Programs by Year This table and chart show the six (6) project categories and the projected amounts being presented for the upcoming fiscal year, the following four (4) fiscal years and the total of all five (5) fiscal years. Summary of Proposed Appropriations by Funding Source This table and chart show the different funds the projected projects may be sourced from over the five (5) fiscal years being projected. The table includes the total amount for the five (5) years being projected out of each fund. Summary of Projects by Location and Yec. This table shows the major Beautification and Park Facility and Transportation Improvement Projects by location and year in which they are proposed to be funded. rry of Prc,,,. _.. th Pra,_ _ _ ... :a�__ This table shows each project category as a separate section for the five (5) years being projected with the total project cost. Within each project category, the projects are arranged by CIP #, Project Name, Department and Funding Source. 'roject Sumniury The proposed FY 2026/27 - 2030/31 CIP includes 48 projects in six (6) functional categories with a total value of $24,573,367 which will be detailed in the following pages. Major emphasis was placed on the following projects: • Stormwater Drainage Improvements ($5,000,000) • Beautification and Park Facility Improvement Projects ($3,956,970) • City-wide Information Technology ($2,743,300 - not including Schools) • Police Vehicles ($2,460,000) • Government Center Improvements ($1,857,000) • Police Equipment ($1,624,135) • Police Radios ($949,620) • Aventura Arts and Cultural Center Improvements ($775,000) • Road Resurfacing ($475,005) • Air Conditioning Unit Replacements ($337,275) • Transportation System Improvements ($250,500) The rest of this page has intentionally been left blank Fiscal Year 2026/27 - 2030/31 Summary of Programs by Year Beautification and Park Facility Improvement Projects (BP) Capital Equipment Purchase and Replacement Projects (CE) Drainage Improvement Projects (DI) Information Technology Improvement Projects (IT) Public Building and Facility Improvement Projects (PBF) Transportation Improvement Projects (TI) Public Building and Facility Improvement Projects (PBF) 12 Rai information Technol gy Improvement Project (IT) 20.82% Drainage lmF (DI) 20.35% $ 233,000 $ 763,000 $ 1,257,300 $ 709,765 $ 993,905 $ 3,956,970 810,305 1,539,625 1,366,335 1,322,095 1,247,870 6,286,230 2,500,000 2,500,000 - - - 5,000,000 988,622 952,425 1,327,920 872,250 975,510 5,116,727 355,500 1,056,775 603,000 682,000 715,000 3,412,275 24,000 558,505 108,700 83,500 26,460 801,165 Transportation Improvement Projects (TI) 3.26% Beautification and Park Facility ament Projects (BP) 16.10% ipital Equipment Purchase nd Replacement Projects (CE) 25.58% Fiscal Year 2026/27- 2030/31 Summary of Proposed Appropriations by Funding Source General Fund - 001 $ 1,649,155 $ T 3,931,390 $ 3,885,775 $ 3,144,155 $ 3,508,145 $ 16,118,620 Transportation and Street Maint. Fund -120 - 267,015 83,500 83,500 - 434,015 CitizensInd. Transp. Trust (CITT) Fund -121 - 291,490 - - - 291,490 Building Fund -164 31,650 11,650 11,650 18,650 10,500 84,100 Charter School Fund -190 415,357 233,555 536,790 266,655 271,170 1,723,527 Charter High School Fund -191 315,265 135,230 145,540 156,650 168,930 921,615 Stormwater Utility Fund - 410 2,500,000 2,500,000 - - - 5,000,000 Stormwater Utility Fund - 410 20.35% Charter High Sch 191 3.75% Charter School Fu 190 7.01% Building Fund -1 0.34% Citizens' Ind. Tran ILl 119% General Fund - 001 65.59% ►Z1 Fiscal Year 2026/27 - 2030/31 Summary of Projects by Location and Year Beautification and Park Facility Improvement Projects Improvements Aventura Founders Park Peace Park Improvements Veterans Park Improvements Waterways Dog Park Improvements Waterways Park Improvements Transportation Improvement Projects Bus Shelter/Benches Bus Shelter Improvements Road Resurfacing NE 30th Ave from 203rd to 210th Transportation System Improvements Purchase Street Lights - Biscayne Blvd. Purchase Street Lights - Right -of -Ways City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 0 0 0 0 0 0 00 ID 0 0 0 0 0 0 0 0 ID 0 0 0 0 0 0 00000N 000 0 0 ID 0 O N ? N COO N0000 T 00 0 0 NO 0 CO O 0 O 0 O0 0 F 0 O 0 m 0 0 O 0 0 I!) 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O O 0 O 0 O 0 O 0 0 O m ID O 1 O 0) 0 1 m 0 O 0 m 0 O O CO O n • 0 O I D O O O 5 O 1 1 1 0 N 0 O O O 0 O ID ^ O O O ID m 0 V N N M o. 0 0 0 O o E a` E 0 0 0 E• 0 > O = E 1. li C C lD C Ni C C o a oc rn0 L c — d L d o m 0 C N ~ N c =a m o 0 0 0 0 0 0 0 0 o 0 000000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 I- 0 o a a I I I I I I I 1 1 1 1 1 1 00 0 U I I I I I 0 1 a c c d1 d1 E c a c a c a c a c c a a c a c a c a c c a a c a cr r . a O c a c a c c a a c a 1 c a a c a O LL LL LL LL LL LL LL LL LL LL LL LL LL c c LL LL LL LL LL c LL t t S a a a a w a _ 0 0 0 0 0 0 3 0 0 0 0 0 0 0 N N 2 0 0 0 0 0 N 0 0 0 0 c 0 L c 0 c 0 c 0 •c , 0 , c 0 c 0 c c 0 0 c 0 c 0 W W U U N 0 0 0 0 0 U 0 9E O O O O O m 000000044 o 000004 O O U U U U N W N W 2 Q H H \ \ U U N W H \ H \ H H \\ 0 0 0 0 0 N N of Q Q U U N 0 N of Q U a o0 0000 o a a 4444 0 a U O a a Q Q a a a a 0 0 y E E 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Oi 000000000000000 E i 000000000000000 0— > E U Oi E fA fA fA fA fA fA fA fA fA fA fA fA fA fA fA n iy- E C C C C C C C C C C C C C C C E 0 E N 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ao t EEEEEEEEEEEEEEE c OG 00 0 0 0> E E c '" s s s s s s s s s s s s s s s t o_ O>> o m a a 0 'a W W W W W W W W W W W W W W W 0 a I 2 2 i t t 7 7 7 7 7 7 7 7 7 7 7 7 7 7 7 7 E E E E m 0 m 0 O o_ a EEEEEEEEEEEEEEEE a a a a a a a a a a a a a a a d ° E. E L . 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 • O 0 o, 0 o L N a O g y o O 0000000000000000 a U Q 0 m H ` ` U U N N = U U w 0 w w Q Q U U Da U a a Q Q t t 0 0 0 0 0 a a a CD N I O F I F I F I N F I CO F I V F I O F I O F I n F I m F I d1 F N m N LL a M LL LL a a O LL CD Li-- N N CO E a 0 co a) N Beautification and Park Facility Improvement Projects (BP) This section includes beautification projects and improvements to the City's park system and recreational facilities. There are six (6) projects in the CIP, which total $3,956,970. Special emphasis was given to upgrading existing park facilities. The following information represents the highlights of the projects over the next five years: • Maintenance and enhancement of park facilities and Citywide beautification: o Founders Park - $2.279.000 o Peace Park- $204.000 o Veterans Park - $245.000 o Waterways Dog Park- $118.500 o Waterways Park- $186.000 o Citywide Beautification Improvements - $924.470 On the following pages, you will find the tables (as outlined below) that summarize and detail the proposed Beautification and Park Facility Improvement Projects: • Summary of Programs by Year • Detail Schedule of Proposed Beautification and Park Facility Improvement Projects Scheduled for FY 2026/27 - 2030/31 The rest of this page has intentionally been left blank 000000 00000 I\ O O O Ln 0 O .1 m 00 Cfl r\ O -1 p 0^ N Cl N N 6) Cpl 001 1� M Cl 00000 LD O O O 0 0 n qT n O O 00 � LD Cfl 000000 000000 O O O 0 0 M r\ n O O O O N O Cfl a a m m 0 0 0 0 0 0 •..� 0 0 0 0 0 0 N 000000 V V O^ M N O n 0) 0) 0 L L 0 L C 0) M a o 0 O ° 0> 0) 0 i 0 i i 0 O N s O F-. Ln i E E N a E D +�+ N ° +�+ O U N d U LL L a ° LL a} a 0 0 0 0 0 0 E • CCC CCC a LL N a LL LL LL LL LL LL 0 • 0 EEEEEE ++ ++ 000000 a a 0 0 m m U U U U Oa N C) • y o E a0 0 Y L E � o • E 0 a 0 E • E 0- a) L N o a C a C LL N N C a a y a a Q a > PE • U U U U a Cl M 'I Ln O a a a a a a m m m m m m Y C a C) C) C C) 0) a C 0 .C C) C 0 a d a) a 0 as+ 0 0 0 C) 0) O O ch le a a 0 0 a N N U a 000000000000000000 000000000000000000 000000000000000000 O a O ID ID ID 00 (DO ID O ID ID ID 000 O N M O- p n W ' 0 I O I I I O I O I I I I I O I O O O O O O O O O O I) V II) V O I I O O O O OO I I I I I I I I O O O O O O O O O O I) ID ID C'l ID ID O n D) ID EA I I I I I I I I O O O O I I I I I I 0000 O O O O N O ID O O EA I O I I I I I O I I I I I I I O I Q O O O O O O O O O O O O ID I Q I I I I I I I I I I I I I I I I O O C6 I' I I I I I I M I I I I I N I - N 0 (D I I - ID M I I M I I I - ID I I I N I I I I I I I I M - - - I I I I I I I Q I I I I I Q I I I I I I I I N m m H I- I Q I I I I I I I I I I I I I I I I I- C,) N N N N N N N N N N N N N N N N N 000000000000000000 0) 0 U C) a I t U rn Q 0 0) N C V N N LL a a N O V E p ,� v c m a Y v - C,)N '- c o a s° o 0 0 c c c 0 v v I- 000 (/I N N a O c0 d d d d L H a 'a 'a p E N U 0 0 O p L L L L N a a a �� • O O O O O ___ • v a a a a m m N N N d d a a a a N N N N N N o o N o 0 o N N N 0 N N N N N N N o o 0 0 0 0 0 0 0 0 0 0 0 0 a a a 3 3 3 a a a a a a 3 a a a a a Q Q Q N N N Q Q Q Q Q Q N Q Q Q Q Q Y C a d c d d a C O C d C y a d a) a Q N O N d d E 0 O E 0 u 0 0 N N a. f 0 0 00 0 0 0 0 0 0 0 0 P CV I) O I) I) N . ' (D O O I I I 00 O O N En I I I O O 00 O O O I) CO J � I 00 I I I 00 N ID I O I I I Q O O O O CCD I) EA I I I I I I s I I I I 's I I I I N J I — — I I I ) I I I I 000000 s � 's c 0 O U i 0 I— rn U 0 s O) 0 0 0 0 0 ' ' a . 5 t E ~ 0 w N 3 Oy O 0) o v 0 0 0 y a y Y Y 7 00 LL LL V V 0 0 0 0 O O O 0 a a t t t N N 0 0 0 0 to to to to to to 0 0 0 O E a a 0 0 0 0 N U Cl) 00 I 00000000 00000000 0 0 0 0 0 0 0 0 0 O OV O L V N V) V) I I I O I I I O O O O O O O EA EA I I I I O I I O O O V V ) ) EA EA iI I O I I I I Q O O O O O 0 0 I I I I I 0 ` O O O O 0 N � EA EA I O I I I I 00 0 00 o In U) Co00 n ) I I I O I I I 's 0 I I I I I I N I I I I I I I I I I N I ) I I I I I z U U U U U U U = I- 0) u u a J ?� Cd O u 0) 0) J c c 0 > N E a c a E O O 0 N d C 0 T 0 4 s 0 00 a a vs) H IL O 0 0 0 0 o 'a a a a a 0 0 0 0 0 0 0 Cr Cr Cr Cr Cr Cr N 0 C0 0 0 0 E 0 O � y 3 0 0 U v 00 I EA I O O O L EA I I I O O 0 N ) Q I I I O s O O Co I I N I a 's 0 0 I ) Q 00 I I N ) I I I ) I I I I 0000 0 N J � N o 'a i a U 3 s c 0 I° •a �e 0 I— 0 0 N 0 0) a 0 0 00 N o a a a Cr Cr Cr Cr N O o o 00 0000 O cc(D O o O O O (D to IQ O O O co N I I I a 0 I I I N I I co I N N N N 0000 a) U a N a Y C a) 0 o •6 •g a 'a c 0 N LL CD a) a u Y — 0 0 N 0 0 o a 00 0 m o^ O O C (0 I) ID U N Cl) N C) EA EA 00 00 N O V O O V (D (0 O M M N H 1 1 W 1 00 O co N 1 O O M CA CV 00000 1 (p (D M M co 1 � i to EA O O ID CC M i (Op IU M M n 1 � to En o 0 0 0 0 1 O O O O O OI)II) M co M n o I O I O C C 0 NM ID M z z In o i 0 C') z z iD ` ` M Z Z In M Z Z ID L. I 1 Z L a a a N N o E C 0 N > E O 0 Q N > E a H 0 0 a o N 0 •o o LL o a C o N •a 0 , 0 > 0 a • s • c m m 's o000 U a o m U a Y C a 0 d C 0 0 a c 0 .C 0 C 0 a 0 a) a 0 0 0 0 0 0 0 0 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 304 Capital Equipment Purchase and Replacement Projects(CE) This section includes projects relating to Capital Equipment Purchases and Replacements for all operating departments. Most of the projects outlined in the FY 2026/27 - 2030/31 CIP pertain to Police, Community Services, Public Works/Transportation and Aventura Arts & Cultural Center operational equipment. The Aventura City of Excellence School and Don Soffer Aventura High School are also included. The CIP guidelines provide that capital equipment shall be defined as having a useful life of more than one (1) year and a value of $5,000 or more. Equipment that has a value of $5,000 or less is also included in this document for budgetary purposes. There is a total of twelve (12) projects totaling $6,286,230. The following information represents the highlights of the projects over the next five years: • $5,033,755 total for the necessary equipment and vehicles to continue to provide high quality and effective police services. • $297,060 for the Public Works/Transportation Department to ensure that the tools of production, vehicles and equipment are available for City operations. • $381,700 for the Community Services Department and $387,000 for the AACC equips these departments with adequate equipment to provide the level and quality of services and operations they currently provide. On the following pages, you will find the tables (as outlined below) that summarize and detail the proposed Capital Equipment Purchase and Replacement Projects: • Summary of Programs by Year • Detail Schedule of Proposed Capital Equipment Purchase and Replacement Projects Scheduled for FY 2026/27 - 2030/31 The rest of this page has intentionally been left blank N N O O O O Co(O O O O O 0 O O n O O 'n 'n O co O M W W CO N N fV EA O O O O O O O O O O O O co O O O N O O O CA O N O O O CO I O O 'n O 'n CA M CO — N Co M M - W N ,n In U 0 0 0 0 0 0 0 0 w CA O O O O to O O O O n 'n O O CO I (fl O 'n O n In n N O In In In N N M N N N CO f0 M N EA In 0 0 0 0 0 0 0 0 0 0 N L O O O O L O O O (D ,y M N O O O f0 I N In O O CO Y CO in C4 In f0 N N N In in CO 'l N N O M M L ' M T. EA I O In O O O O O O O O O O O O O O O O O O O (O • (O O O (O O O O In 'n O Co Co in NO 'no o N m • w N N M ^ f0 in M N d O a to a a a O O O o i.a o v S o o W I I I o in in OC 6) co N O^ d — N o C d U- V O C p a d U N N a a t i I 2 a � a O O O O O O O O O O , o O O O O O O O O O 0 U I I I I I I I I I I p d Q V V V V V V V V V V O > C C C C C C C C C C s a W U- w w w w w w w w w y 0 d d d d d d d d d d i Q C C C C C C C C C C a C a d d d d d d d d d d .C p U ( (9 (9 (9 (9 (9 (9 (9 (9 (9 U O N • U U LU Q • a a a a U U Q Q Q O c c d d EE d a • U • a VV • Q C C • y a a d d a a • . •9 •9 •9 •9 •7 • p9 a a LU LU LU LU LU LU LU C C d a a N a a a N a a d d y a a d a a a d a a p O O U O O O U O O Q Q o in s o 0 o s in in 'g 9 a EA EA y EA EA EA y O EA s s r� V > n V n > V LU w H V Q w H • a a a a U U - Q Q Q I I N M LU in CO N W LU LU LU O N LU w LU LU LU w w w LU w w w U U U U U U U U U U U U N O U- 0 V 0 V 0 O V 0 d E 0 O a 0 cd 0 N a o Q a U O N N O OO 6) O N O (0 O O OO CC O O t9 N N 1 N V NO V 3 W ^ EA EA EA W O O I OO O O O co O CO O OI I I N O N U U U, p Lf) io . rn N N ) I In In I In In W N W N I I I O O I N N N N 3 EA EA EA EA N M N M N N O O I I M lfl lfl I N OS OS O W to M to O O N N 3 O EA EA co EA EA O OO O o U, O O U, 'T W O O O V V I I I O CO OS p O O C'C., N N N N ) EA EA EA EA OO O O O O O O V I I I V O a CO N N W ^ d s p i EA EA V Eh EA o a a o^ a II 0 O 3 O 3 s N N I y C N I I O N ^ O^ I I I 0- C) —g Z N I a O ^ ^ 3 N C I I I N 00 0000 a a a a a a a a ) ) a C m •� ) m v ,C i ) Q o . .- 00 o Q Q 0 C) E E 0 a DDR W W Q Q o a 0 4 VN d > > W a 0 g 0 0 rn a c m d a t a E N N N Q 0 0 0 0 0 a �, a E E i m 0 o ° 0 0 0 0 ,s .y E 0000 V W CL' ^ N m U ; N a0 C °' 0 O v _ Q L W Q C C a d C d d a C O C d C y a d a) a Q N as+ O N d d I- O (0 0 } U- 0 V N V N V U' O OO OO OO OO OI j O OO OO O O O O O In rOO ! O N O 1 N O O In In In O W V N I M o''^ N ^ O ^ V EA O O I I O M M O O I I U EA 1 O O O O O O O I O I O O N O I M N M I EA 1 I O OO I O O OO O O OO O O OO O O O O to O I O O I O^ ^ N ^ M CO M ^ U' I I OO O OO ii OOO U' O O O^ C)I to N CO O n ^ ^ In E!} I EA N I I I I 0 N I I I I I I I I I I I I I I I I m m m N I N N I- I- I- I O O In N N N I M N I O O O O O O O O O O O a a a a a a a a a D a s a N O o o o 0 a C) (I, Q N N ° i ° 0 O M O I O a) 0 a > d 'g o a m y 0 N O, C > C V i C 7 C y a d N C Q N w a m N 0 d d d 9 E T 7 i7 i7 l!J d d V d i C .ii .i .i 2 O a a U' I- 0 U- U- U- () a 0 0 N N 0 O a LU U O OO O OO OO O O O O I 0 OO O U M m N EA 1 O O O O O O In O I N CO L O O O N In O O O U' N In EA OO OO O O O U' i LO O O I O O I OO O N m N EA EA I ^ i a O I H O I I I I I I O O O O a a a a C C a d C d d a C O C d C y a d a) a Q N as+ O N d d 00 O N t9 O U- 0 V N V N V Ca C W O 0 o y , U U 00 00 0 0 00 0 00 0 O O O O O O O O 1 N t9 EA 1 I I I I I I O I O O t9 EA EA 0 I I 0 00 O O O 0 co t9 In H) ) <n ) ) I 0 I I 0 I 0 I 0 0 0 0 0 o o O 0 m v m m u> <n 0 I 0 0 I 0 I I 0 0 0 0 0 0 i o co co U ) ) i ur En ) 0 I I I I I I I 0 >0 0 O U, U, N N EA EA I I I I I N I I I I N I I N ^ y 1 N 1 1 N I N I r ) N I N I I I F- I- - I I I I I I I U U U CO CO U U U d C a- LU 0 0 O U, V 00 00 00 00 00 00 CO W O O CO � N lt7 r, O O O O M N M 0 EA EA 00 0 0 W U,CU to CO V CO N EA EA 00 00 0 U CR co v co 0) 0) 0 0 0 0 0 U u rn rn rn co U m V V V c0 V c0 u� <n �o)o)0000000 U u rn rn O O rn co U m s v v m m v m v m $ u u> <n • 1 I I I I O O O O G 0 0 0 0 cq N I I I I ^ 0 a 3 N O N I I I I N Z N I I ^ 0 3 N F- F- S $ N O O O O ^ O V N F- F- F- F v I I I I I^ 0 V U U CO CO CO CO CO CO y 'a d a 0) c u r a 01- a y a O c - v $ y 4 O V O V V V r 0 N y Q 50 00 0) y F F z a a a a a a a a _ a a a a a a a 0 0 0 0 O O 0 0 EA EA I I EA EA I I I I i 0 0 0 0 0 0 0 3 3 u> I En r ) 3 a N U i • O) 0 N t9 O U- 0 V N V N V II I1 0 O O N M N EA 0 M co f O 0 co U, N s � O 0 O tf) U, z u, 0 O O N M N EA 0 M co EA 0 t9 0 co 0 N N to 0 0 O U, i 0 1 En OO 00 00 00 0 O 00 00 00 0 N to to U, to to to U, U, N ^ V M N ^ N EA 0 I 0 0 0 0 0 tf) tf) N N EA 0 I 0 I 0 I 0 0 0 O O U, U, ^ M ^ 0 I I 0 3 O 0 U, I 0 to E V 0 0 00 I O O $ tf) tf) L N ur I I I I I I I S I I 0 0 Uo W EA 0 0 0 O Uo 0 0 O Uo O EA 0 0 Uo N Uo 0 0 0 0 M I I I I I I N I a M o I I I I ^ I I p f33 p f33 F- F- Z^ I I I ^ I I I I I ^ I I I I I I i m I- I I I I I I I I a a a a a a a a a C a d C d d a C O C d C y a d as a Q N as.. O N d d N O U- 0 V N V N V 0 00 00 00 00 00 0 00 00 00 00 00 O )n O 00 00 00 00 U' t U' N ^ ^ 0 0 0 N O M M M EA 0 I I I I I I 0 I 0 I 0 0 0 O O to In In M EA I 0 I I I I 0 I 0 I 0 0 0 0 0 U o O O O N lt7 lt7 M ) ^ ^ 0 0 U' m EA 0 0 U' 0 M 0 U' ) 0 I I I I I I I I I I 0 O 0 0 O L U' I I I O I I O I O O I O 0 0 0 0 0 O O O U' U' s N lt7 lt7 M In ? ^ ^ M ) 00 00 00 00 00 0 0 O 00 O O O O O N f E!} EA ) ( ^ I I I I I I ci I I I- o I I I I I I N I F F I- I^ I I I I I I I I I I r I I I ^ I I I N I ) ^ I I I I F F F F I- C) U U U U U U U U U U • a a a a a a a a a a a a a a a a a a a a a a .> O i d o y • d V 00 a ) � C y 3 a U, s y o y E N V y i v d y v y v 5 ti C N C C N C y r o•- 3 d d o rn V o Q c g a s o N •N o 0) E E y y =° 0 U- U• 0 ° d 0 a c a , I- i � a ( 0 v) x � O in F V = V V V V V V V V a a a a a a a a a a 0 0 - Q a a 0 0 O In I 0 Eh � 0 0 O U' I 0 0 O U' I 0 I U' N U' N 0 0 W W U'U' W m EA In In 0 0 NN EA ^ EA 0 0 co co m m (0 t9 EA ^ ai 0 0 O O t9 (9 EA ^ 00 0 0 U' U' N fV EA o a I- o m N F o m In i o k m I- I- C a d C d d a C O C d C y a d a) a Q 0 as.. O N d d F ch City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank Drainage Improvement Projects (DI) This section includes improvements to the City's drainage system and other infrastructure improvements. There is one (1) drainage improvement project in the CIP totaling $5,000,000. Special emphasis was given to stormwater drainage improvements in order to address maintenance considerations. The project outlined in this section has been developed based on our consulting engineer and staff's survey of all City areas. The project was prioritized according to the urgency of the improvements needed and the age of the areas to be improved. This project is assisting the City to be resilient as it relates to stormwater and flooding issues. The following information represents the highlights of the projects over the next five years: o $5,000,000 for NE 191St Street reconstruction On the following pages, you will find the tables (as outlined below) that summarize and detail the proposed Drainage Improvement Projects: • Summary of Programs by Year • Detail Schedule of Proposed Drainage Improvement Projects Scheduled for FY 2026/27 - 2030/31 The rest of this page has intentionally been left blank N C) a 0 a C CD E CD i O I- 0_ E C) C L M O M O Cl C O Cl O Cl I- C) v LL I- C) E I- 0 a 0 E E N N C) a 0 a C CD E CD i O I- 0_ E C) C L O O O O O O LD O O O O O Ln Cpl O O O O O LD Cpl O C LL ate+ D 0 E O U) N t a N C 0 E 0 i O L Q E C) C I- a Y C a C) C C) d a C O C C) C N a d a) a 0 O N C) d 0 Cl } LL I- 0 0 C) 0 C.) N N 00 00 00 00 00 00 LD LD Efl Efl Efl Efl 3 Efl Efl � I I v) Efl 0 0 0 0 A O O I) 00 a 00 D LO LO 3 c' c% u I, - - 0 0 O O 00 O O 00 LD LD 04 c% 0 � Efl Efl z ' a 0 u , Un I 3) z z t a 3 W Z Y C a d c d d a C 0 C G) C 0 a d a) a 0 0 0 0 0 C)) G) City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 4111-11 Information Technology Improvement Projects (IT) This section includes projects relating to the City's Information Technology Systems (i.e., communication systems, data processing and the automation of certain operations by utilizing the latest technology to enhance productivity and efficiency) for all operating departments. There are a total of twenty (20) projects totaling $5,116,727. The following information represents the highlights of the projects over the next five years: • Continue the implementation of technology improvements and management information systems to enhance the productivity and efficiency of City operations. Provide the necessary funding for technology at the Don Soffer Aventura High School ("DSAHS") and Aventura City of Excellence School ("ACES"). On the following pages, you will find the tables (as outlined below) that summarize and detail the proposed Information Technology Improvement Projects: • Summary of Programs by Year • Detail Schedule of Proposed Information Technology Improvement Projects Scheduled for FY 2026/27 - 2030/31 The rest of this page has intentionally been left blank «rA 0000000000000000000 P O 0000000000 ID 00 ID 00000 N O O ID P 000 P O y O M M ID O V I) W N M M N F N y y P N M m F 000000000 0000 O 0000 000000000 0000 O 00 N V ID co N ID 0000 I co ID O (D I W I N 0 - M N ID N M n OD M M O O CV OD OD N N IO M EA 00000000000000 O 00 I) I) 00000000000 I) 00 0 00 ID 't V CA V 000 N O V (0 0(0 (D I V I N I) CA CA n N O P ID (D O Cl) c co M M N M N 000000000 000000 0000 000000000 0 ID 0000 O O 0) y M V OD V O O O y I V (D O M M O I O O n (D CV M CV 0 P CA (D M p O ID I) P ID (D y N .- 0 M N H N V 0 0 a a 0 o > Eo M T o N ' o E N. o _ t , E Cf°y o N CL O a o > a C)) E H E LL O a E 00000000 0000 0 00 ID 0 00000000 I) I) 0 N I y y V O O O O I (D (D O I V I ID M C O N. 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N N L O O • 0 Cfl • O U a o a U U ) a a a O O O L) 0 IS) E O- W IS) E U N LU AlE O 0 0 In O In J9 L M fA fA 1 OO OO OO- In I) N N O 0 0 In O In J9 L M N fA 1 OO OO OO- In L) N N fA fA 1 OO O O In In N N ) J fA fA 1 O O J O O In In N N 3 1 ^ � a i o 7 N ) 1 ^ 9 1 ^ 1 ^ ) 00 a oi ? N N W NO L) N N 6) l!) 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O 0 • a ID " iA Q � Ow N O 'O N > T c c Q N a I ' 00t0 • 3 N 3 CO O > O O O a m O O • W U U O Y C a a) C a) a) a C O C a) C y a a) a) a Q N (J N d a) N N Public Building and Facility Improvement Projects (PBF) Capital projects in this functional category include providing new facilities or improvements to existing facilities to serve the City's residents. The CIP includes six (6) projects totaling $3,412,275. The major projects encompassed in this Program include many City departments and the Aventura City of Excellence School is also included. The following information represents the highlights of the projects over the next five years: Police Department Improvements - totaling $105,000 primarily to: • Remodel/Expand the Records Area ($50,000) • Remodel Offices & Chief's Conference Room ($40,000 & $15,000) Community Recreation Center Improvements - totaling $253,000 primarily to: • Add/Renovate Closets ($70,000) • Replace Audio Equipment ($13,000) • Replace Backboards & Padding ($10,000) • Replace Classroom Lighting ($20,000) • Replace Furniture ($60,000) Restroom Renovations ($80,000) • HVAC Replacements - totaling $337,275 for the Police IT Server Room and CRC. • Government Center Improvements - totaling $1,857,000 primarily to: • Water harden external doors on the 1St floor of the Police Department ($100,000) • Crackseal, Sealcoat & Restripe Asphaltic Pavement ($50,000) • Elevator Improvements ($850,000) • Replace/Upgrade lighting ($87,000) at the Government Center • Upgrade bathrooms at the Government Center & Prisoners Holding Cells ($170,000); • Replace the Roof ($600,000) Aventura Arts & Cultural Center Improvements - totaling $775,000 primarily consisting of carpet replacement, exterior painting, repaving and re -fence the loading dock, replacing exterior patio furniture and the generator, replacing the HVAC/lighting control and computer system as well as a roof replacement. On the following pages, you will find the tables (as outlined below) that summarize and detail the proposed Public Building and Facility Improvement Projects: • Summary of Programs by Year • Detail Schedule of Proposed Public Building and Facility Improvement Projects Scheduled for FY 2026/27 - 2030/31 O ON OO O O O N O O O L(; M ^ I: In In M EA OO OO OO OO I OO OO I l0 666 l0 M O M co EA OO OO OO OO I OO OO I 666 l0 M U l0 N N EA OO OO OO OO i O O O O i m OO co V N N N N N O 0 a` ro `a 00 > M T 0 O ON rn N O � a E c � a y a7 N O a m N O 0 0d E 0 O Ca E U- V a a) V m O a OO OO O O N O U' m N U' V EA O O OO O O I U' OO O o uS ^ o m in O O m O 0 V 0 0 0 0 o a 0 0 0 OO V V V V V O U_ U U li U y (7 (7 (7 (7 (7 U W . . a U 00 N 0 C0 E E E 0 N O O Q � E N N N d O U U N E .a 0 E ? y E � a � d 0 U 0 E 00 y o r O d 0 a E a 0E o E •g •0 d t U Q a w O • W U a a . a a i U U U U U U_ a D_ D D D D N a N } E a 0 0 0 0 m m a i 00 00 00 00 0000 00 U i0 V O EA EA I I I I EA EA I I I I 0 00 O0 O O 0 l0 l0 V l0 EA W 0 0 0 0 I I O 0 EA W I I I 0 I I I I I I I Q Q z z I I f Z OO) ) a D a ) r. Cd ) j T � ) � O 0 j O � �6 v � c o s � d c .. c V N o '- x • ) = a U L d N V > V V 0 0 0 8 E E 0 00 00 0 00 00 0 O O O O O O 0 O ^ ^ ^ N CO m 0 I I I 0 I 0 0 O O O 0 N M 0 I I I 0 I 0 0 O q 0 0 N M 0 00 0 I I 0 00 0 0000 ui fq O O N ^ ^ N EA 0 0 O 0 m EA I I I I I I 0 0 O M N 0 0 O O U, 0 0 O 0 U, 0 0 O m co 0 0 O 0 m EA -l I I I a z z I -l Z z i ^ I I Z Z ) ) I I I I I ^ ) ) I I I I I I ) U 00000 c V c a t E' °' Q0 O E Ed 0 0 : U w o 7 O O Y n O a c i v a oo • m v L E — a a a a 0 NO ON O N O O N V M M EA EA O 0 I 0 I I O 0 M M EA EA 00 00 I I I O O 00 M M EA EA O 0 I I 0 I O O tri EA EA U, U, I I co co N N EA EA O 0 0 O 0 0 IfJ I I UU, td CO N O EA EA I ^ I I 0 I I I ^ N I I ^ I I ^ I I ^ ^ I I F F F I— ' a a a a N O E 0 rn O 0 0 0 0 0 m U 0 O E O O 0 m E a , 0 W a O 00 00 00 00 00 0 0 O O O O O O O O O O O 0 00 0 U' 0 0 U' 0 N N O to ^ O M V 0 M O N W EA EA I I I I I I 0 I I I 0 0 0 O O 0 0 0 0 O O EA EA I 0 I I 00 I 0 00 0 O O O O O O O U'M M CO M N 0 EA EA I I 0 I I I I I I 0 0 0 0 O O0 0 O O O O 0 0 ^ ^ N EA EA I I 0 I I I I I I I I 0 0 0 O O 0 0 In In EA EA I I I I 0 I I I I I 0 0 0 O O I I I I I I ^ I I I 0 I I I N N I ^ ^ a - - Z z I I I I I I I I Z z I I I I I I I I I I F I I I I a I I I I II ? a a a a a a a a a a a I � O i E I fl N i I m C y m 0 O 'C N 0 IL 7L n O 0 a N O O U C w o U V V O O •0O 0 0 0 0 0 000 o > > 0 0 t I O O E > a0i M In W W EE _rn a c c c O o V O C 'y 'y O O N 2d d O . . pW 0 t 0 a O N . I I• m m m '[ N O O O O m 0 0 0 Q O O O O 0 O O O 0 O 0 O O O O O O O I U' to U' 0 00 0' N V N M U' O lf1 I N N EA 1 0 I I I 0 O 0 M EA 0 0 O 0 ffl N Eh l O 0 O 0 U' N I 00 0 I I I 00 0 O O O U' U' U' N N EA 0 0 O 0 O ur Ifi 0 I I I a 0 I I I I ^ I I I I I I I I In I- I I I I m m m I I I I I ^ I U U U U U U U a a a a a a a 00 N (h a N E a rn O a` 0 .5 d a O OO OO OO W W EA EA OO OO OO U U, ' a 0 N Z N W U U - Y C a d c d d a c O C d c y a d a) a Q N as+ O N d d rn N City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 330 Transportation Improvement Projects (TI) This section includes improvements to the City's transportation system, roadways, sidewalks, pedestrian pathways, street lighting, transit and other infrastructure improvements. The majority of the projects outlined in the Transportation Improvement Project functional category are closely aligned with drainage improvements in accordance with established road resurfacing maintenance schedules. There are three (3) improvement projects in the CIP totaling $801,165. Special emphasis was given to the bus shelter improvements, road resurfacing and transportation system improvements in order to address maintenance considerations. The projects outlined in this section have been developed based on our consulting engineer and staff's survey of all City areas. The projects were prioritized according to the urgency of the improvements needed and age of the areas to be improved. The following information represents the highlights of the projects over the next five years: • Bus Shelter Improvements - totaling $75,660 for bus shelter improvements. • Road Resurfacing projects - totaling $475,005 for NE 30th Ave from 203rd to 210th Street. • Transportation System Improvements - totaling $250,500 to purchase street lights for Biscayne Blvd. and Right-of-ways. On the following pages, you will find the tables (as outlined below) that summarize and detail the proposed Transportation Improvement Projects: • Summary of Programs by Year • Detail Schedule of Proposed Transportation Improvement Projects Scheduled for FY 2026/27 - 2030/31 The rest of this page has intentionally been left blank M O O I I I U) M W O 0 O O N I I U) U) M N co M • In O O M W M W • N M 0 0 O I I I N M C y+ y+ O LL O C) M a •d I I d M 3 3 C N C LL n LL I L C) E a • E CCC N L O N0 0 d a C 4) a N n•- C t C E a 0• C 0 o} a•c d a d E N N C N O 0. LL N 0 0. p C D C C C O a C a a a I C C a LL i i a 0 _ C 0 N C) N • C C N C CD F U F tttt • a a c a.+ C C) E C) O L 0. E N 4) C) 0 y • 0 m C a C a• 0 a t N a a C 3 00 00 a I ttt a a a I I I I C'1 M F F F F C a 0 d C 0 0 T a C 0 C 0 C a 0 C) a 0_ O N 0 0 F N co co O co cn 0 N i!} O co N i!} O O N I N i!} O co cn 0 N i!} O co N i!} O O N I N i!} O O O O N N 1 � O N N 1 N ) F ) i a ) 0 O 3 O V 3) M O N 3 E O > � s aq O M z O N i O i a+ V p M O O i E � a j 0 M z O O O lO O f0 OO OO O u, (O OO OO OIL f0 N (O O O IL O IL c.1 O O I M OD O O I M OD O O I M OD • a O M N N M N M 1 N 1 0. 0. a a ) N N 7 O O i a a . C C a d C d d a C O C d C y a d a) a Q N O N d d City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 334 Operating Impact and the Capital Improvement Program During the CIP process, City staff begins with looking into future needs based on current and future staffing levels, the community and growth of the community but also inventorying current assets. In completing the inventory of current assets, the conditions of these items are looked at and the anticipated need for replacements are assessed. During the CIP meetings, the operating impact of the submitted capital is discussed, looked at and reviewed concurrently. First year costs of capital and operating are looked at along with the future years continued impact of any operating costs to be incurred. Projects labeled replacements, upgrades and renovations allow for more efficient and streamlined daily operations. Additional utility expenditures/expenses as well as personnel costs and maintenance costs are examined with all projects. While some projects may have a net effect on operating costs or decrease them, others will increase the operating costs. In the five-year CIP, the majority of the projects are considered maintenance of infrastructure or equipment replacement and/or purchase. As new computers and other equipment are purchased, the cost of physical items to repair equipment and time spent by IT Staff to do so decreases in the coming years. Additional Software that is purchased comes with licensing fees/subscription fees that will have to be budgeted each year in the future and those costs seem to be increasing City-wide now that subscription models are becoming the new standard, i.e. Finance for the new ERP system and Agenda Management in the City Clerk's Office. The Police Department's repair and maintenance of vehicles was able to decrease some in the next budget year due to the vehicles being purchased. As more of the Police fleet is replaced in the coming years, the repair and maintenance costs are anticipated to decrease. Purpose of the Capital Improvement Program The purpose of the CIP is to establish a long-term plan of proposed capital expenditures, the means and methods of financing and a schedule of priorities for implementation. In order to determine the impact on the City's operating budget, debt service and the general trend of future expenditures, the City Commission will be provided with the advantage of a CIP document as a point of reference and estimated long-term budgetary plan. In accordance with the State's Growth Management Act, the City is required to undergo this process in order to meet the needs of its Comprehensive Plan. '4x1'7 The CIP is an official statement of public policy regarding long-range capital development within the City. A capital improvement is defined as a capital expenditure of $5,000 or more, resulting in the acquisition, improvement or addition to fixed assets in the form of land, buildings or improvements, more or less permanent in character and durable equipment with a life expectancy of more than one (1) year. In addition, equipment that has a value less than $5,000 is also included in this document for budgetary purposes. The CIP lists proposed capital projects to be undertaken, the year in which they will be started, the amount expected to be expended in each year and the method of financing these projects. Based on the CIP, a department's capital outlay portion of the annual Operating Budget will be formulated for that particular year. The CIP document also communicates the City's capital priorities and plan for implementing projects to its citizens, businesses and interested parties. The five-year CIP is updated annually to add new projects in the fifth (5th) year, to re- evaluate the program and project priorities in light of unanticipated needs and to revise recommendations to take account of new requirements and new sources of funding. Capital Improvement programming thus becomes an integral continuing part of the City's budgeting and management procedures. The annual capital programming process provides the following benefits: 1. The CIP is a tool for implementing the City's Comprehensive Plan. 2. The CIP process provides a mechanism for coordinating projects with respect to function, location and timing. 3. The yearly evaluation of project priorities ensures that the most crucial projects are developed first. 4. The CIP process facilitates long-range financial planning by matching estimated revenue against capital needs, establishing capital expenditures and identifying the need for municipal borrowing and indebtedness within a sound long-range fiscal framework. 5. The impact of capital projects on the City's operating budget can be projected. 6. The CIP serves as a source of information about the City's development and capital expenditures plan for the public, City operating departments and the City Commission. Beautification projects Landscaping (i.e. purchase of new tree) Construction of buildings and facilities, Repairs and maintenance to office (i.e. including additions or major alterations and repair of blinds) repairs Construction or rehabilitation of streets, Continuing professional services (i.e. sidewalks and drainage lines monthly, quarterly & yearly inspections, assessments and/or monitoring) Large equipment (i.e., equipment & Desktop equipment (i.e. small printers, computers over $5,000) electric calculators and individual computers under $5,000) Park improvements Recurring park maintenance Purchase of new vehicles Tires and other vehicle parts for repairs and maintenance Replacement of Air Conditioning Units Repairs and maintenance to A/C unit Legal Authority A capital programming process to support the comprehensive plan is required by the Local Government Comprehensive Planning and Land Development Regulations, incorporated as Chapter 163, Florida Statutes. Funding Plan Introduction In order for a CIP to be an effective management planning tool, the program must include not only a compilation of major capital needs and their costs but also a financing plan for the entire life of the program. This financing plan must include an analysis of the available resources which will be used to fund not only the CIP itself but the required operating expenditures and debt service requirements of the City. In order to ensure that the financing plan is complete in every respect, the plan formulation process must include: 1. A projection of revenues and resources which will be available to fund operating and capital expenditures during the life of the CIP. 2. A projection of future years' operating expenditure levels which will be required to provide ongoing services to City residents. 3. Once the CIP projects have been evaluated, a determination is made of the projects to be funded and the timing of the cash outflow for each project. The information is then tabulated to determine the amounts required to fund the CIP for each year. 4. From the information obtained in 1 through 3 above, the additional resources required to fund the CIP will be determined and a decision will be made on whether the program is to be financed by the issuance of debt, on a pay-as-you- go basis or some combination of the two (2). The financing plan prepared in such a manner will be as accurate as possible and should be an informative document to all City residents. However, due to the uncertainty involved in projecting operating cost increases, the community's desire for service increases and the inflow of resources over a five-year period, the financing plan presented should be viewed as a theoretical framework to be adjusted each year based on the most recent information available at that time. This will be accomplished by updating the financing plan each year, adopting operating and capital budgets and ordinances to implement fee structures which will be required to fund the program each year. Debt vs. Pay -As -You -Go Financing Debt financing through the issuance of long-term bonds is most appropriate when: 1. There are a small number of relatively large dollar value projects. 2. Larger projects cannot be broken into segments and the costs distributed over a longer time frame without impairing the usefulness of the project. 3. The projects are non -recurring. 4. Assets acquired have a relatively long useful life which equals or exceeds the life of the debt. Through long-term bond financing, the costs of a project having a long useful life can be shared by future residents who will benefit from the projects. In contrast, pay-as-you-go financing is most appropriate for a CIP which includes: 1. A large number of projects having a relatively small dollar value. 338 2. Projects which can be broken into phases with a portion completed each year without impairing the overall effectiveness of the project. 3. Projects which are of a recurring nature. 4. Projects where the assets acquired will have relatively short useful lives. The primary advantage of pay-as-you-go financing is that the interest costs and costs of bringing a bond issue to market can be avoided. However, if inappropriately used, this financing plan may cause tax rates and fee structures to increase suddenly and may result in current residents paying a greater portion of projects which benefit future residents. In summary, the choice of the appropriate financing plan will be contingent upon an analysis of the projects to be included in a CIP. Required Separation of Funding Sources In order to comply with accepted governmental accounting practices and to ensure compliance with City Codes and any related Bond Indentures, the analysis and financing plan contained herein will be presented within their respective funds. Projects funded on a pay-as-you-go basis will directly relate to the Capital Fund Budget from which the project will be funded. Each of these Budgets will appear in the Annual Operating and Capital Improvement Budget, which is adopted each year. Those funds are currently represented as follows: 1. General Fund - 001 2. Transportation and Street Maintenance Fund -120 3. Citizens' Independent Transportation Trust ("CITT") Fund -121 4. Building Fund -164 5. Charter School Fund ("ACES") -190 6. Don Soffer Aventura High School Fund ("DSAHS") -191 7. Capital Projects Fund - 392 8. DSAHS Construction Fund - 395 9. Stormwater Utility Fund - 410 In accordance with accounting, legal and internal revenue requirements, all projects to be completed with the proceeds received from the sale of Bonds or loans will be accounted for in a Capital Construction Fund or Stormwater Utility Fund. In addition, capital outlay for ACES and DSAHS are included in separate Budgets previously adopted by the City Commission. Summary of Financing Plan Model Detailed funding plans for individual funds of the City are enclosed herein in the following sections. The following represents an overview of the major points of the recommended funding plan: 1. Utilizes "pay-as-you-go" financing through annual appropriations to fund the five-year amount of $24,573,367. 2. Keeps ad valorem tax revenues flat due to the pending November 2026 election on tax reform in Florida. Funding Schedules The funding schedules are based on the funding needed to complete an individual project. A project's funding may continue for several years depending on the development timetable. Each program area has a separate Funding Plan Table that outlines the revenue sources proposed to fund project expenditures. The rest of this page has intentionally been left blank 340 General Fund - 001 After evaluating the nature of the various projects that are included in the City's General Fund CIP, it was decided that pay-as-you-go financing would be the most appropriate method for funding the program. Financing Plan Tables Based on this decision, the analysis which follows is aimed at developing a financing plan which will allow the City to fund General Government Services operating expenditures and all projects recommended for funding in the General Fund CIP for each year of the program. Projection of Available Resources for General Government Services - Summary by Year Presents a five-year projection of available resources for General Government Services. Unless shown by an asterisk (*), the amount projected for each revenue is based on the tax rate or fee structure in effect during FY 2024/25. Revenue descriptions followed by an asterisk (*) were computed based on a projected increase in the rate structure as outlined in the Revenue Assumptions Utilized for Projections section immediately following the Table. Projection of Operating Expenditures for General Government Services - Summary by Year Presents a five-year projection of required operating expenditures for General Government Services which utilize the cost data as outlined in the Operating Expenditure Assumptions Utilized for Projections section immediately following the Table. Combined Summary of Projected Available Resources and Operating Expenditures for General Government Services - by Year Is a recap of resources available to fund the General Fund CIP based on projected revenues and expenditures and the proposed CIP appropriations for the five (5) years of the program. Please note that this analysis assumes that all available resources not needed to fund current operating expenditures may be transferred to the General Fund Capital Reserves which could be used to fund unexpected capital outlays or to fund future years' programs. The rest of this page has intentionally been left blank Projection of Available Resources for General Government Services - Summary by Year Ad Valorem Taxes $ 23,766,685 $ 24,002,500 $ 24,002,500 $ 24,002,500 $ 24,002,500 $ 24,002,500 Section 185 Premium Tax 525,000 575,000 575,000 575,000 575,000 575,000 Utility Taxes 7,990,000 8,055,000 8,232,250 8,412,973 8,597,963 8,683,943 Unified Communications Tax 1,675,000 1,700,000 1,703,400 1,706,807 1,710,221 1,713,641 City Business Tax 1,100,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 Engineering Permits 5,000 25,000 25,000 25,000 25,000 25,000 Franchise Fee -Electric 4,215,000 4,300,000 4,407,500 4,517,688 4,630,630 4,639,891 Franchise Fee -Other 905,000 1,018,500 1,027,000 1,035,745 1,044,576 1,053,333 State Revenue Sharing 1,173,745 1,236,000 1,254,540 1,273,358 1,292,458 1,311,845 Half Cent Sales Tax 4,000,000 3,800,000 3,876,000 3,953,520 4,032,590 4,113,242 County Business Tax 45,000 45,000 45,000 45,000 45,000 45,000 Intergovernmental Revenues -Other 451,626 42,676 42,676 42,676 42,676 42,676 Charges for Services 4,975,735 5,590,735 5,453,628 5,572,594 5,637,659 5,773,850 Fines & Forfeitures 2,740,000 2,945,000 2,971,270 2,997,800 3,024,593 3,051,652 Investment Income 1,751,870 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 Miscellaneous Revenues 252,220 285,000 292,400 300,107 308,135 316,498 Transfers 623,265 554,021 565,101 576,403 587,932 599,690 Revenue Assumptions Utilized for Projections (a) Ad Valorem Taxes are projected to remain stable in years 2027/28 - 2030/31 as the City awaits referendum ballot results in the November 2026 election. (b) Utility Taxes are projected to increase at varying rates of 1% and 3% per year. (c) City Business Tax is projected to remain relatively flat over the coming years. (d) Engineering Permits are projected to remain relatively flat over the coming years. (e) Franchise Fee - Electric is projected to increase at varying rates of 0.2%-2.5% per year. (f) Franchise Fee - Other is projected to remain relatively flat over the coming years and/or increase at varying rates of 0.1% - 1% per year. (g) State Revenue Sharing is projected to remain relatively stable over the coming years at 1.5%. (h) Half Cent Sales Tax is projected to increase at a rate of 2% per year. (i) Intergovernmental Revenues - Other is projected to remain relatively stable over the coming years (j) The Police Services Agreement with the Aventura Mall (the largest portion of Charges for Services category) is projected to increase at a rate of 2.5% per year. (k) Fines & Forfeitures is projected to increase from FY 2026/27 - FY 2030/31. Projection of Operating Expenditures for General Government Services - Summary by Year Mayor & Commission $ 452,420 $ 470,937 $ 479,178 $ 487,564 $ 496,096 $ 510,979 City Manager 1,342,756 1,360,400 1,384,207 1,408,431 1,433,079 1,476,071 City Clerk 651,112 568,746 578,699 588,826 599,130 617,104 City Attorney 535,950 570,000 578,265 586,939 595,743 607,658 Finance 1,443,006 1,490,631 1,516,717 1,543,260 1,570,267 1,617,375 Human Resources 448,841 446,571 454,386 462,338 470,429 484,542 Information Technology 1,644,434 1,466,103 1,491,760 1,517,866 1,544,429 1,590,762 Police 27,627,139 28,688,037 29,190,078 29,700,904 30,220,670 31,127,290 Community Development 618,732 550,347 559,978 569,778 579,749 597,141 Community Services 6,139,932 5,872,443 5,975,211 6,079,777 6,186,173 6,371,758 Public Works/Transportation 3,247,721 3,025,560 3,078,507 3,132,381 3,187,198 3,282,814 Arts & Cultural Center 1,578,335 1,692,855 1,722,480 1,752,623 1,783,294 1,836,793 Non -Departmental 2,737,578 2,391,540 2,403,498 2,415,515 2,427,593 2,439,731 Total Projected Debt Service $ 77,945 $ 665,030 $ - $ - $ - $ - Total Projected Transfers 3,699,831 2,039,164 1,986,961 1,689,228 495,792 497,452 Operating Expenditure Assumptions Utilized for Projections Operating expenditures are projected to increase an average of 0.5% - 3% per year. The rest of this page has intentionally been left blank 343 Combined Summary of Projected Available Resources and Operating Expenditures for General Government Services - by Year Total Projected Available Resources $ 56,195,146 $ 56,874,432 $ 57,173,265 $ 57,737,171 $ 58,256,933 $ 58,647,761 Projected Operating Expenditures 48,467,956 48,594,170 49,412,964 50,246,202 51,093,850 52,560,018 Total Projected Debt Service 77,945 665,030 - - - - Total Projected Transfers 3,699,831 2,039,164 1,986,961 1,689,228 495,792 497,452 Subtotal $ 52,245,732 $ 51,298,364 $ 51,399,925 $ 51,935,430 $ 51,589,642 $ 53,057,470 Balance after Operating Expenditures & Debt Service Transfers $ 3,949,414 $ 5,576,068 $ 5,773,341 $ 5,801,742 $ 6,667,291 $ 5,590,291 Less CIP Appropriations for: Beautification & Park Facility Improvement Projects 454,850 233,000 763,000 1,257,300 709,765 993,905 Capital Equipment Purchase & Replacement Projects 1,956,437 785,305 1,506,065 1,314,475 1,279,390 1,214,280 Information Technology Improvement Projects 388,100 336,350 605,550 685,800 473,000 558,500 Public Building & Facility Improvement Projects 895,000 270,500 1,056,775 603,000 682,000 715,000 Transportation System Improvement Projects 20,000 24,000 - 25,200 - 26,460 L_ Subtotal $ 3,714,387 $ 1,649,155 $ 3,931,390 $ 3,885,775 $ 3,144,155 $ 3,508,145 The rest of this page has intentionally been left blank 344 Transportation and Street Maintenance Fund -120 This fund was established to account for restricted revenues and expenditures which by State Statute are designated for transportation enhancements, street maintenance and construction costs. The table below reflects the anticipated revenues available and the proposed appropriations. A total of $434,015 from this fund will be utilized to fund the transportation enhancements, street maintenance and construction costs during the five-year period. Projected Available Resources and Appropriations - Summary by Year Reflects the anticipated revenues available and the proposed appropriations for the Transportation and Street Maintenance Fund for the five-year period which utilize the cost data as outlined in the Assumptions Utilized for Projections section immediately following the Table. The rest of this page has intentionally been left blank 41,61 Projected Available Resources and Appropriations - Summary by Year Revenue Projections 12000000 1st Local Option Fuel Tax- 1-6 Cents'' $ 378,000 $ 357,700 $ 372,008 $ 386,888 $ 402,364 $ 418,458 2nd Local Option Fuel Tax1-5 Cents (1) 145,000 144,000 148,320 152,770 157,353 162,073 Federal Grants 131,000 - - - - - Fuel Tax Refund (1) 12,000 12,000 12,000 12,000 12,000 12,000 State Shared Revenue -Revenue Sharing (') 257,700 258,000 261,870 265,798 269,785 273,832 Subtotal $ 923,700 $ 771,700 $ 794,198 $ 817,456 $ 841,502 $ 866,363 Interest Earnings- Investments $ 150,000 $ 150,000 $ 150,000 $ 150,000 $ 150,000 $ 150,000 Subtotal $ 150,000 $ 150,000 $ 150,000 $ 150,000 $ 150,000 $ 150,000 Carryover $ 52,727 $ - $ - $ - $ - $ - Subtotal $ 52,727 $ - $ - $ - $ - $ - Expenditures 12060000 Engineering (2) $ 166,000 $ 35,000 $ 35,770 $ 36,557 $ 37,361 $ 38,183 Lands./Tree Maint. Services (2) 482,160 530,090 541,752 553,671 565,852 578,301 •.- Balance after Operating Expenditures $ Road Resurfacing $ - $ - $ 183,515 $ - $ - $ - Transportation System Improvements 261,727 - 83,500 83,500 83,500 - Capital Reserve 216,540 - - - - - Assumptions Utilized for Projections: (1) Projected to remain flat and/or increase between 1.5% -4% per year. (2) Projected to increase 2.2% per year. CitizensIndependent Transportation Trust (CITT) Fund -121 This fund was established in FY 2023/24 to account for restricted revenues and expenditures which by County Transit System Surtax Ordinance are designated for transit and transportation. The table below reflects the anticipated revenues available and the proposed appropriations. A total of $291,490 from this fund will be utilized to fund transportation and transit CIP during the five-year period. Projected Available Resources and Appropriations - Summary by Year Reflects the anticipated revenues available and the proposed appropriations for the Citizens' Independent Transportation Trust Fund for the five-year period which utilize the cost data as outlined in the Assumptions Utilized for Projections section immediately following the Table. The rest of this page has intentionally been left blank Projected Available Resources and Appropriations - Summary by Year Revenue Projections 12100000 County Funded -Transit System Surtax $ 2,400,000 $ 2,400,000 $ 2,424,000 $ 2,448,240 $ 2,546,170 $ 2,649,035 Subtotal S 2400000 S 2400000 5 2424000 5 2448240 5 2546170 5 2649035 Bicycle Sharing $ 30,000 $ - $ - $ - $ - $ - Subtotal $ 30,000 $ - $ - $ - $ - $ - Interest Earnings -Investments $ - $ 25,000 $ 25,000 $ 25,000 $ 25,000 $ 25,000 Subtotal $ - $ 25,000 $ 25,000 $ 25,000 $ 25,000 $ 25,000 Carryover $ - $ - $ 219,410 $ - $ - $ - Subtotal $ - $ - $ 219,410 $ - $ - $ - Expenditures 12160000 City -Wide Bicycle Sharing $ 95,000 $ 20,000 $ 20,800 $ 21,632 $ 22,497 $ 23,397 Transportation Services (2) 450,925 603,415 627,552 652,654 678,760 705,910 On -Demand Transportation Services �2) 1,249,020 1,662,085 1,728,568 1,797,711 1,869,619 1,944,404 Citywide Bicycle Sharing $ 8,500 $ $ $ $ $ Road Resurfacing - - 291,490 - - - Transportation System Improvements 130,000 - - - - - Capital Reserve 496,555 - - - - - Assumptions Utilized for Projections: (') Projected to increase between 1% - 4% per year �2) Projected to increase 4% per year. 348 Building Fund -164 This fund was established in FY 2022/23 to account for restricted revenues and expenditures which by State Statute are designated for the building functions of the City. The table below reflects the anticipated revenues available and the proposed appropriations. A total of $84,100 from this fund will be utilized to fund the building CIP during the five- year period. Projected Available Resources and Appropriations - Summary by Year Reflects the anticipated revenues available and the proposed appropriations for the Building Fund for the five-year period which utilize the cost data as outlined in the Assumptions Utilized for Projections section immediately following the Table. The rest of this page has intentionally been left blank Projected Available Resources and Appropriations - Summary by Year Revenue Projections 16400000 Building Permits $ 4,750,000 $ 4,800,000 $ 4,800,000 $ 4,800,000 $ 4,800,000 $ 4,800,000 Radon & Code Comp Admin. Fee (2) 15,000 20,000 20,000 20,000 20,000 20,000 Certificate of Occupancy (2) 150,000 200,000 200,000 200,000 200,000 200,000 Digitization Fee - 5,000 - - - - Subtotal $ 4,915,000 $ 5,025,000 $ 5,020,000 $ 5,020,000 $ 5,020,000 $ 5,020,000 Interest Earnings - Investments $ 65,000 $ 70,655 $ 70,655 $ 70,655 $ 70,655 $ 70,655 Subtotal $ 65,000 $ 70,655 $ 70,655 $ 70,655 $ 70,655 $ 70,655 Carryover $ 798,048 $ - $ 11,650 $ 11,650 $ 18,650 $ 10,500 Subtotal $ 798,048 $ - $ 11,650 $ 11,650 $ 18,650 $ 10,500 . ILI I I Expenditures 16450000/16451000 Regular Salaries ' $ 414,219 $ 517,560 $ 533,087 $ 549,080 $ 565,552 $ 582,519 FICA & Medicare Taxes 31,688 38,531 39,687 40,878 42,104 43,367 City Pension Contribution (') 48,704 63,004 64,894 66,841 68,846 70,911 Health, Life & Disability ('1 52,942 95,299 96,252 97,215 98,187 99,169 WorkersCompensation (1) 2,826 4,270 4,484 4,708 4,943 5,190 Subtotal $ 550,379 $ 718,664 $ 738,404 $ 758,722 $ 779,632 $ 801,156 •. Building Inspection Services (2) $ 3,520,000 $ 3,570,000 $ 3,570,000 $ 3,570,000 $ 3,570,000 $ 3,570,000 Other Professional Services (2) 20,000 30,000 30,300 30,603 30,909 31,218 Other Contract Services (2) - 1,200 1,212 1,224 1,236 1,248 Records Retention (2) 35,000 35,000 35,875 36,772 37,691 38,633 Travel (2) - 1,500 1,515 1,530 1,545 1,560 Car Allowance (2) 1,800 2,400 2,400 2,400 2,400 2,400 Communication Services (2) 8,845 5,760 5,760 5,760 5,760 5,760 Leased Equipment (2) 3,000 3,000 3,090 3,183 3,278 3,376 Repairs & Maintenance - Equipment(�) 3,000 1,000 1,010 1,020 1,030 1,040 Printing and Binding(�) 5,000 5,000 5,025 5,050 5,075 5,100 350 Projected Available Resources and Appropriations - Summary by Year Office Supplies "' 5,000 5,000 5,025 5,050 5,075 5,100 Computer Operating Supplies (2) 4,500 1,000 1,005 1,010 1,015 1,020 Uniforms (2) 1,500 1,500 1,500 1,500 1,500 1,500 Other Operating Supplies (2) - 750 754 758 762 766 Computer Subscriptions (2) 109,000 125,210 128,966 132,835 135,492 138,202 Conferences & Seminars (2) 3,000 3,000 3,030 3,060 3,091 3,122 Subtotal $ 3,719,645 $ 3,791,320 $ 3,796,467 $ 3,801,755 $ 3,805,859 $ 3,810,045 Transfer to General Fund ' $ 623,265 $ 554,021 $ 555,784 $ 530,178 $ 505,164 $ 479,454 Subtotal $ 623,265 $ 554,021 $ 555,784 $ 530,178 $ 505,164 $ 479,454 Computer Equipment '$5,000 $ 25,000 $ 20,000 $ - $ - $ 6,000 $ - Computer Equipment <$5,000 10,600 11,650 11,650 11,650 12,650 10,500 Equipment- Government Center 849,159 - - - - - Capital Reserve - - - - - - Assumptions Utilized for Projections: (1) Projected to increase between 1% - 5% per year. (2) Projected to remain flat and/or increase between 0.05% - 3% per year. The rest of this page has intentionally been left blank City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank Stormwater Utility Fund - 410 The City is responsible for stormwater management activities within its corporate boundaries. In order to address deficiencies and develop an ongoing maintenance program, a Stormwater Utility Fund was created. The Fund generates revenues for stormwater management costs, permitting, maintenance and capital improvements from a source other than the General Fund. The Utility relies on user fees charged to residents and businesses for generating revenues. A total of $5,000,000 from this fund will be utilized to fund the stormwater drainage improvement project during the five-year period. During FY 2024/25, the City's Stormwater Utility Fee was changed to $6.175/ERU from $3.50/ERU for the new calendar year, calendar year 2026. The fee will continue to be monitored to see if any adjustments may be necessary in order to sustain the fund's projected future operating and capital expenditures. Projected Available Resources and Appropriations - Summary by Year Reflects the anticipated revenues available and the proposed appropriations for the Stormwater Utility Fund for the five-year period which utilize the cost data as outlined in the Assumptions Utilized for Projections section immediately following the Table. The rest of this page has intentionally been left blank 353 Projected Available Resources and Appropriations - Summary by Year Revenue Projections 41000000 Federal Grant $ - $ 204,500 $ 210,635 $ 216,954 $ 223,463 $ 230,167 Subtotal $ - $ 204,500 $ 210,635 $ 216,954 $ 223,463 $ 230,167 Stormwater Utility Fees ' $ 2,092,415 $ 2,346,550 $ 2,416,947 $ 2,489,455 $ 2,564,139 $ 2,641,063 Subtotal $ 2,092,415 $ 2,346,550 $ 2,416,947 $ 2,489,455 $ 2,564,139 $ 2,641,063 Interest Earnings -Investments $ 35,000 $ 36,550 $ 36,550 $ 36,550 $ 36,550 $ 36,550 Subtotal $ 35,000 $ 36,550 $ 36,550 $ 36,550 $ 36,550 $ 36,550 Carryover $ - $ 1,140,325 $ 1,109,475 $ - $ - $ - Subtotal $ - $ 1,140,325 $ 1,109,475 $ - $ - $ - Expenses 41060000 Regular Salaries $ 169,601 $ 132,410 $ 136,382 $ 140,473 $ 144,687 $ 149,028 Overtimel'1 - 998 1,028 1,059 1,091 1,124 FICA& Medicare Taxes') 12,975 9,755 10,048 10,349 10,659 10,979 City Pension Contributionl'1 24,413 19,322 19,902 20,499 21,114 21,747 Health, Life & Disability(') 27,299 26,032 26,292 26,555 26,821 27,089 Workers' compensation l'1 5,764 8,588 9,017 9,468 9,941 10,438 Subtotal $ 240,052 $ 197,105 $ 202,669 $ 208,403 $ 214,313 $ 220,405 Engineering' $ 100,000 $ 302,700 $ 317,835 $ 333,727 $ 350,413 $ 367,934 Other Professional Services(:) - 7,500 7,500 7,500 7,500 7,500 Lands./Tree Maint. ServicesW 384,800 530,090 545,993 562,373 579,244 596,621 Street Maintenance/Drainage(') 176,800 176,800 185,640 194,922 204,668 214,901 Communication Services 1,065 730 730 730 730 730 Subscriptions & Memberships (1) 3,000 10,000 10,150 10,302 10,457 10,614 Conferences & Seminars l'1 2,000 3,000 3,090 3,183 3,278 3,376 Subtotal $ 667,665 $ 1,030,820 $ 1,070,938 $ 1,112,737 $ 1,156,290 $ 1,201,676 Drainage Improvements $ 1,000,000 $ 2,500,000 $ 2,500,000 $ - $ - $ Capital Reserve 219,698 - - - - - Assumptions Utilized for Projections: °) Projected to increase by 1.5% - 3% per year. 1:1 Projected to increase by 1% - 5% per year. (a) Projected to increase by1%- 5% per year, 354 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Appendix B Comprehensive Schedule of Fees City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank «7y Introduction It is important that the Comprehensive Schedule of Fees remain consistent, accurate and up-to-date. User fees and charges will be reviewed as part of the annual budget process. Updates to the Fee Schedule may be triggered by the: 1. Finance Department 2. Departments/Offices 3. Office of the City Manager 4. External Forces such as legal mandates City Departments and Offices may submit a request to establish new fees and/or modify existing fees using the appropriate channel within the City. The Departments and Offices are responsible for the periodic review of relevant fees and analysis of proposed fee changes and additions. Factors that should be taken into consideration by the Department or Office proposing the new fee or fee change will be provided with written justification for the new or modified fee. Proposals must be approved by the Department or Office Director, presented to the City Manager and upon approval by the City Manager, taken to the City Commission in the form of an Ordinance, if necessary, to amend the Schedule of Fees. Minor administrative and housekeeping of the Comprehensive Schedule of Fees will not require City Commission approval. This schedule does not apply to taxes and assessments levied by the City, County, or other taxing authorities. The process noted above does not apply to the few City fees and charges that are assessed on an annual or bi-annual basis by an external consultant. However, updates to such fees will be reflected on the Comprehensive Schedule of Fees. The schedule of fees presented are the current fees the City charges. City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 358 City Clerk's Office Qualifying Fee $ 100.00 State Assessment Fee Commissioner Mayor Political Sign Bond $ 75.00 100.00 $ 500.00 Lobbyist Registration Registration Per Principal Represented $ The remainder of this page has intentionally been left blank 200.00 100.00 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 41:11] Finance Department Non -Sufficient Fund Checks if the face value is less than $50.00 $ 25.00 if the face value is between $50.01 and $299.99 $ 30.00 if the face value exceeds $300.00 $ 40.00 if the face value exceeds $801.00 5% of the face value of the check Pursuant to Florida law, the individual has 15 days from the date of the notice of the non -sufficient fund check to tender payment of the full amount, plus a service charge as calculated above. Unless the amount is paid in full within the time specified in the letter received, the holder of such check may turn over the dishonored check and all other available information relating to the incident to the State Attorney for criminal prosecution. The individual may be additionally liable in a civil action for triple the amount of the check, but in no case less than $50.00, together with the amount of the check, a service charge, court costs, reasonable attorney fees, and incurred bank fees, as provided in s. 68.065. If the checks were issued for a building permit or occupational license, said permit or license is also revoked until such time as the check is made good by the payment of cash as stated in the letter received. The remainder of this page has intentionally been left blank Finance Department Transaction Convenience Fee Community Services Department Credit Card Payments 3.0% of total amount The City, in the interest of convenience to its customers, desires to make more accessible the ability to transact business with various City agencies by accepting payment via City approved credit card, charge card, bank debit card, and electronic funds transfer (the "EFT"). In order to help defray the costs incurred by the City when authorizing payment by City approved credit card, charge card, bank debit card, or EFT, and pursuant to F.S. § 215.322(5), a convenience fee shall be imposed. The convenience fee shall be imposed upon the payment of City rates, fees, and charges, including, but not limited to, cost recovery charges, permit and license fees, local business tax receipts, park and recreation fees, code enforcement fines and costs, service charges, or other revenues prescribed for payment to City, hereinafter referred to as "Statutory Fees." When a customer elects to pay a Statutory Fee via approved credit card, charge card, bank debit card, or EFT, the customer shall pay any reasonable service charge or convenience fee charged by the financial institution, credit card company, or other entity for the processing of such payments in an amount sufficient to pay the service charge or convenience fee charged by the financial institution, credit card company, or other entity for such services. The service charge or convenience fee shall be separate and in addition to the Statutory Fee, shipping and handling costs and any other rate, fee or charge authorized by applicable law, and is not refundable. The service charge or convenience fee shall not exceed the total cost imposed on the City for such service by the financial institution, credit card company, or other entity for such services. Police Department Regular & Miscellaneous per hour - Officer* Supervisor Required $ 75.00 per hour - Supervisor* $ 80.00 (When a detail requires four (4) or more Police Officers, whenever possible, one (1) of the four (4) Officers will be a Supervisor.) Holiday - Regular & Miscellaneous per hour - Officer* $ 100.00 Holiday - Supervisor per hour - Supervisor* $ 110.00 (Includes New Year's Eve day Y2 day, New Year's Day, Martin Luther King's Birthday, Presidents Day, Memorial Day, Juneteenth, Independence Day, Labor Day, Veterans Day, Thanksgiving, Day After Thanksgiving, Christmas Eve Day %2 Day and Christmas Day.) * 3 Hour Minimum Single -Sided Copy $ 0.15 Certified Copy per page that needs notary $ 1.00 Media Device with Requests Cost of device (approximately $10.00 or more) (Labor costs will be added to the above depending on staff availability and ability - the lowest salary will be charged based on whom can complete the request.) City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank Community Development Department Lien Request F-1 per request $120.00 per hour if requires more than (1) hour of clerical time $25.00 Preparation and Recordation of Liens and Lien Satisfactions 1) Lien preparation and recording $55.00 2) Lien satisfaction preparation (recording by City) $45.00 3) Lien Satisfaction (recording by party other than City) $20.00 Abstract, land title, title insurance, property closing $ 127.34 Adult care facility $ 127.34 Adult congregate living facility $ 127.34 Advertising —products and services $ 191.01 Alcoholic beverage business establishment $ 127.34 Ambulance service $ 127.34 Amusement center $ 636.70 Amusement center over 100 machines, each machine $ 8.91 Amusement machines, each machine as accessory use $ 50.94 Animal grooming $ 63.67 Animal clinic/hospital $ 95.51 Animal exhibition $ 191.01 Animal kennel $ 76.41 Answering service $ 127.34 Antique shop $ 159.18 Apartment, each unit over 2 $ 4.45 Auction shop/auctioneer $ 254.68 Auto driving school $ 127.34 Auto parking, storage, garage or parking lot $ 127.34 Auto detailing, car wash or wax $ 127.34 Auto repair and/or service shop $ 127.34 Auto paint and body shop $ 127.34 Auto mechanical repairs $ 127.34 Auto service station $ 254.68 Auto, truck, trailer, boat renting service, each vehicle $ 63.67 Community Development Department Auto tag agency $ 63.67 Bakery -retail $ 127.34 Bar/lounge $ 127.34 Barber, each $ 38.20 Barbershop $ 76.41 Bicycles (repairs only) $ 76.41 Billiard parlor $ 127.34 Blueprinting $ 127.34 Boats for sale/rental $ 127.34 Boats -charter and dredge $ 127.34 Boatbuilder $ 127.34 Boat taxi operation $ 254.68 Bondsman -professional $ 191.01 Bookkeeper/accounting service $ 127.34 Bowling alley, each lane $ 50.94 Broker -stocks, bonds $ 191.01 Broker -insurance $ 127.34 Broker -yacht and ship salespersons $ 127.34 Broker -others $ 127.34 Burglar alarm/monitoring company $ 127.34 Butcher/butcher shop $ 95.51 Carpenter shop $ 95.51 Carwash $ 127.34 Catering $ 63.67 Carpet and rug cleaning $ 127.34 Carpet sales/installation $ 127.34 Check cashing store $ 254.68 Cigar and tobaccos $ 63.67 Claims and collection agency $ 127.34 Clothing: 1) Alterations $ 57.31 2) Tailor, dressmaking $ 127.34 Coin dealer $ 63.67 Cold storage warehouse $ 127.34 Commercial garbage collection $ 1,591.74 Commercial trash collection $ 573.03 cI:%i Community Development Department Community -based residential facilities $ 127.34 Consultants, each $ 191.01 Contractors: 1) General building $ 286.51 2) Subcontractor, general $ 213.93 3) Engineering subcontractor $ 213.93 4) Acoustical tile $ 95.51 5) Air conditioning $ 152.81 6) Awning $ 114.61 7) Carpentry $ 191.01 8) Electrical $ 191.01 9) Elevator $ 114.61 10) Floor laying and sanding $ 191.01 11) Gas fitting, pipe fitting $ 191.01 12) Jalousie $ 63.67 13) Mason and plaster contractor $ 191.01 14) Moving and wrecking houses $ 95.51 15) Ornamental iron, bronze and steel $ 95.51 16)Plumbing $ 191.01 17) Painting $ 152.81 18) Plastering and cement $ 185.22 19) Plate glass and glazier $ 95.51 20) Roofing $ 191.01 21) Sandblasting $ 191.01 22) Sign $ 114.61 23) Solar water heater $ 95.51 24) Septic tank $ 152.81 25) Sprinkler system $ 95.51 26) Steel, reinforcing $ 127.34 29) Swimming pools $ 114.61 30) Venetian blind $ 76.41 31) Tile, marble and granite $ 191.01 32) Well drilling $ 114.61 33) Not classified $ 114.61 Country club $ 573.03 Cosmetology salon $ 76.41 Community Development Department Cosmetologist, each $ 38.20 Credit bureau $ 127.34 Dancehall $ 191.01 Data processing -service agency $ 159.18 Data processing -software development $ 191.01 Delivery services, per each vehicle $ 12.74 Dental technician/hygienist $ 38.20 Dramatic or theatrical troupe or company $ 254.68 Disc jockey (see entertainment) $ 127.34 Dry cleaning plant $ 95.51 Electric light and power company $ 191.01 Employment agency $ 191.01 Engraver, lithographer $ 127.34 Exterminator $ 127.34 Financial institution -banks and trust companies $ 445.68 Financial institution -building and loan association $ 445.68 Financial institution -money lenders, except banks $ 445.68 Financial institution -mortgage loan company $ 445.68 Financial institution -personal finance company $ 445.68 Fire extinguisher service $ 95.51 Fish market $ 95.51 Florist $ 127.34 Funeral home $ 127.34 Golf course $ 636.70 Golf driving range/miniature golf $ 286.51 Hall for hire $ 191.01 Health club $ 159.18 Home health care services $ 127.34 Hospital $ 401.12 Hotel, lodging house or motel, first room $ 63.67 Hotel, lodging houses or motel, each additional room $ 7.00 Hypnotist $ 216.48 Ice cream shop/parlor $ 127.34 Import/export $ 127.34 Insurance adjuster $ 127.34 Insurance agents, each $ 63.67 Community Development Department Insurance agency office $ 127.34 Insurance company $ 127.34 Interior decorator $ 127.34 Janitorial services $ 127.34 Jewelry $ 191.01 Jewelry broker $ 382.02 Labor union organization $ 318.35 Landscaping service/lawn maintenance $ 63.67 Land development company $ 127.34 Laundry —self service $ 286.51 Laundry or dry cleaner $ 127.34 Loan agent $ 191.01 Lecturer $ 286.51 Locksmith $ 101.87 Machine shop $ 95.51 Manicurist, each $ 38.20 Masseur/masseuse $ 63.67 Mail order business $ 63.67 Manufacturing $ 191.01 Marina $ 1,273.39 Marina, each boat slip $ 95.51 Massage salon $ 127.34 Medical clinic $ 254.68 Merchants —retail stock less than $1,000.00 $ 76.41 Merchants —retail stock over $1,000.00 and less than $5,000.00 $ 89.13 Merchants —retail stock over $5,000.00 and less than $10,000.00 $ 191.01 Merchants —retail stock over $10,000.00 and less than $20,000.00 $ 229.22 Merchants —retail stock over $20,000.00 and less than $50,000.00 $ 286.51 Merchants —retail stock over $50,000 and less than $100,000.00 $ 509.36 Merchants —retail stock over $100,000.00, each additional $1,000.00 $ 2.55 Merchants —Wholesale: Same as retail. Messenger service $ 76.41 Messenger service, each vehicle $ 25.47 Motion picture theater $ 509.36 Motion picture theater —candy and popcorn concession $ 50.94 Moving company with storage $ 127.34 Community Development Department Moving company, each vehicle over 2 $ 263.36 Museum $ 286.51 Newspaper publishers bureau or agency $ 159.18 Newspaper published daily $ 152.81 Newspapers published weekly, semimonthly or monthly $ 152.81 Newsstand $ 63.67 Nightclub $ 382.02 Nurse $ 38.20 Nursery-trees/plants $ 63.67 Nursing home $ 127.34 Parking lot -1 to 25 cars $ 63.67 Parking lot -over 25 cars $ 127.34 Pet shop $ 95.51 Photographer $ 63.67 Photography studio $ 127.34 Piano tuner $ 63.67 Pool maintenance $ 127.34 Printing $ 127.34 Private investigative agency $ 159.18 Private school $ 222.85 Professionals, each individual $ 216.48 Property management $ 127.34 Publisher $ 127.34 Real estate broker with no agents $ 127.34 Real estate broker, each agent $ 127.34 Real estate salesman $ 63.67 Repair of watches and jewelry $ 127.34 Repair and service shops $ 127.34 Restaurant -0 to 30 seats $ 63.67 Restaurant -31 to 74 seats $ 127.34 Restaurant -74 to 149 seats $ 191.01 Restaurant -150 or more seats $ 254.68 Restaurant -drive-in $ 127.34 Research laboratory $ 127.34 Rinks -skating, roller $ 191.01 Sales office, no stock $ 63.67 370 Community Development Department School $ 222.85 Security company $ 159.18 Shoe repair $ 95.51 Shoeshine, each chair $ 35.66 Showroom $ 127.34 Snack bar as accessory use $ 76.41 Storage warehouse/public storage $ 127.34 Tanning salon -1 to 5 units $ 127.34 Tanning salon as accessory use $ 63.67 Tanning salon, each additional unit over 5 units $ 12.74 Tax preparation service $ 127.34 Taxicabs, each $ 63.67 Telemarketing sales $ 127.34 Travel agency $ 127.34 Truck/trailer rental or leasing $ 127.34 Truck/trailer rental or leasing —each vehicle over 3 $ 384.33 Unclassified $ 127.34 Uniform service (towel, linen, diaper) $ 159.18 Upholsterer $ 127.34 Valet parking, per location, for hire only $ 127.34 Vehicle leasing company, each vehicle $ 63.67 Vending machines —business premises $ 95.51 Vending machines —one cent, each machine $ 1.28 Vending machines —five cents, each machine $ 6.37 Vending machines —ten cents, each machine $ 9.54 Vending machines —over ten cents, each machine $ 12.74 The remainder of this page has intentionally been left blank cm City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank «`a Community Development Department Planning Zoning Development of Regional Impact $ 25,000.00 Amendments to the Comprehensive Plan Land Use Map Small Scale $ 7,500.00 Large Scale $ • 10,000.00 Amendments to the text of the Comprehensive Plan $ 7,500.00 Amendments to the Official Zoning Map $ 7,500.00 Amendments to the text of the Land Development Regulations $ 7,500.00 Administrative Site Plan Review - Single Use Sites $ 10,000.00 Additional fee for each review after third review of plans $ 2,500.00 Major revision to administrative site plan approval $ 10,000.00 Minor revision to administrative site plan approval $ 5,000.00 Administrative Site Plan Review - Mixed Use Sites $ 17,500.00 Additional fee for each review after third review of plans $ 5,000.00 Major revision to administrative site plan approval $ 17,500.00 Minor revision to administrative site plan approval $ 8,750.00 Tentative Plat $ 7,500.00 plus $100.00 per lot/tract Final Plat $ 5,000.00 plus $100.00 per lot/tract Conditional Use $ 5,000.00 Modification of Condition of Conditional Use $ 2,500.00 Variance $ 5,000.00 Modification to Condition of Variance $ 2,500.00 Sign Variance $ 5,000.00 Abandonment of Right of Way $ 5,000.00 Appeal of Administrative Decision $ 1,000.00 Request for Postponement of Public Hearing Application $ 1,000.00 Temporary Use $ 2,500.00 Entrance Feature/Guardhouse $ 5,000.00 Modification/Replacement of Feature/Guardhouse $ 2,500.00 Development Agreement $ 5,000.00 Restrictive Covenant/Easements $ 5,000.00 Modification/Release of Covenant or Easement $ 2,500.00 373 Community Development Department Planning Zoning Signs, fences, swimming pools, additions $ 150.00 Interior/Exterior Renovations $ 150.00 Trailer/Sales Office Permit $ 150.00 Residential & Non -Residential Master permit $ 500.00 Modification to master permit $ 250.00 Alcoholic Beverage Application $ 100.00 Zoning Verification Letter $ 100.00 Pre -submittal review of plans $ 200.00 Advisory letter/memoranda regarding applicable codes, interpretations, etc. $ 500.00 Research request $ 75.00 per hour Advertising Costs Fee scheduled outlined in 1. above Plus, if requires public notice: Applications for Development of Regional Impact, Amendments to the Comprehensive Plan, Amendments to the Official Zoning Map, $ Amendments to the text of the Land Development Regulations All other applications noted in 1. above Full costs of publication, notice and mailing 10,000.00 $ 1,000.00 374 Community Development Department Building Registration Fee $ 35.00 per year 1. Double Fees 1St Offense 2nd Offense + double permit fee + twice the double permit fee 3rd Offense & More + twice the double permit fee 2. Reinspection Fees a for each re -inspection Ifor a seco inspection 3. Lost and Revised Plans Fee a. Lost Plans of original building permit fee Minimum: Group Occupancy R3 All others b. Revised Plans Processing Fee 1. Major plan revision 50% of the original permit fee Maximum 2. Each time plans revised 50% of the original permit fee Maximum Minor plan revisions Per sheet c. Revised Format, Paper to Digital Fee Plus: Per small format page Per large format page d. Lost Building Permit Fee e Limitation, Cancellations 100.00 200.00 500.00 $ 75.00 $ 75.00 $ 130.00 $ 1,000.00 $ 1,000.00 $ 28.75 $ 100.00 $ 1.30 $ 30.00 Community Development Department Building The fees charged pursuant to this schedule, provided the same are for a permit required by the Florida Building Code, may be refunded by the Director of the Community Development Department, subject to the following: a. No refunds shall be made on requests involving: 1. permit fees of one hundred and thirty dollars ($130.00) or less; or 2. permits revoked by the Building Official or Director of Community Development under authority granted by the Florida Building Code, or permits canceled by court order; or conditional permits; or 3. permits which have expired; or 4. permits under which work has commenced as evidenced by any recorded inspection having been made by the Department; or 5. the original permit holder when there is a change of contractor. b. A full refund less one hundred and thirty dollars ($130.00) or fifty percent (50%) of the permit fee, whichever deduction is greater, rounded to the nearest dollar, shall be granted to a permit holder who requests a refund provided that: 1. the Department receives a written request from the permit holder prior to the permit expiration date; and 2. the permit holder submits with the written request the applicant's validated copy of said permit; and 3. no work has commenced under such permit as evidenced by any recorded inspection. c. Where there is a change of contractor or qualifier involving a permit, the second permit holder shall pay a fee of one hundred and ten dollars ($110.00). d. A fee of sixty-three dollars and twenty-five cents ($63.25) shall be paid by the permit holder who submits a written request for a permit extension as authorized by the Florida Building Code. e. Permit renewal 1.within six (6) months of expiration fee will be 50% of original permit fees. 2. after six (6) months of expiration fee will be 100% of original permit fees. Provided that no refund had been made as provided in this Section. 5. Special Project Minimum for work outside scope of normal Department work. $ 60.00 per page for pre-programmed computer report $ 2.00 Minimum $ 50.00 6. General Infori a. Fees required by other regulatory agencies, such as the State of Florida and Miami -Dade County will be added to the final permit fees. b. Impact fees are assessed on certain building permits, including reapplication on expired permits. 7. Flood Plain a. Flood Plain Plan Review (Residential) Community Development Department Building Per plan $ 17.25 b. Flood Plain Plan Review (Commercial) Per plan $ 28.75 `70 WW.ou7o) or the esumuteu jou cost or minimum permit ree Ir Building Permit minimum $ 162.50 9w (This minimum does not apply to add on building permits issued to as supplementary current outstanding permits for the same job.) 3. New Buildings or Additions In addition to the fees set out below, the following cost recovery shall be added to the permit fee for Public Safety Radio System Protection evaluations, when such evaluations are deemed necessary by the Aventura Police Department. Public Safety Radio System Protection Pre -testing evaluation fee $ 255.00 Public Safety Radio System Protection Post -installation evaluation fee $ 425.00 A peer review is required for threshold buildings. New Construction Single Family and Duplex Per sq. ft $ 0.42 Alterations/Repairs to Single Family Residence or Duplex (Group i) Per SF $ 1.30 Prefabricated utility sheds with slab $ 130.00 (max 100 sq. ft. of floor area) Single Family and Duplex - Attached & Detached Structures Up to 500 sq. ft. in floor area $ 150.00 501 to 1000 sq. ft. in floor area $ 255.00 Above 1000 sq. ft. per sq. ft. $ 0.035 Minimum Fee (Building) $ 275.00 Minimum Fee (Trades) $ 162.500 Storage & Industrial Use of Group S&F occupancies $ 13.00 100 sq. ft. or fractional part of floor area Shade Houses $ 0.40 per 100 sq. ft. or fractional part of floor area Greenhouses & buildings for agricultural uses (nonresidential) when located on the premises so used Per 100 sq. ft. or fractional part of floor area $ 6.50 Community Development Department Building Mobile Home additions Each 100 sq. ft. or fractional part of floor area $ 7.90 Tents $ 180.00 All others in Group 3 Per 100 sq. ft. or fractional part of floor area $ 14.50 For structures of unusual size or nature such as arenas, stadiums and water and sewer plants For each square foot $ 7.50 FLAT FEES - RESIDENTIAL Bathrooms - building, electrical and plumbing fees included* First $ 580.00 Additional Bathroom $ 390.00 Kitchens - building, electrical and plumbing fees included* $ 675.00 *Mechanical is extra Solar Panels $ 300.00 FLAT FEES - COMMERCIAL Pop -Up $ 765.00 Kiosks $ 927.50 Billboard $ 1,395.00 Interior Demolition (white box) Per SF $ 0.72 Seawalls Per lineal foot $ 60.00 Solar Panels $ 500.00 Asphalt resurfacing with restriping Per SF $ 16.50 Restriping only Minimum fee Concrete slabs/driveways/paving Per SF $ 14.50 4. New Construction Other than Group R3 A peer review is required for threshold buildings. TIER 1: Up to 100,000 SF Per square foot $ 3.50 TIER 2:100,001 to 200,000 SF Per square foot $ 3.00 378 Community Development Department Building TIER 3: Over 200,001 Per square foot 5. Alterations and Repairs to Buildings and Other Structures (Except Group R3) Minimum Fee M: Up to 2,500 SF Per square foot TIER 2:2,501 to 20,000 SF Per square foot TIER 3:20,001 and up Per square foot Exterior Painting Per square foot 6. Moving Buildings or Other Structures for each 100 square feet or fractional part thereof (does not include cost of new Foundation or repairs to building or structure) 7. Roofing (Including Re -roofing) Roofing shingle and other roof types not listed up 30,000 sq. ft. Each sq. ft. thereafter Roofing Tile Per sq. ft. up to 30,000 Each sq. ft. thereafter Metal Roofing Per SF up to 30,000 Each SF thereafter 8. Fences and/or W Chain link (for construction only) Each linear foot Metal Each linear foot Wood Each linear foot Concrete Each linear foot Retaining Wall Each linear foot $ 2.50 $ 275.00 $ 4.75 $ 4.25 $ 3.75 $ 0.50 $ 10.00 $ $ 0.07 $ 0.16 $ 0.09 $ 0.91 $ 1.65 $ 18.00 KN-1 Community Development Department Building 9. Swimming Pools, Spas, and Hot Tubs Each new pool/spa/hot tub Repairs 10. Temporary Platforms and Tempor Bleache be Used for Public Assembly for each 100 square feet or fractional part of platform area ch 100 linet or fractional part. 11. Derec on of Structures $ 165.00 $ 7.25 Single family dwelling $ 200.00 Single story building $ 250.00 Multi -story building $ 500.00 Each 100 square foot or fraction thereof $ 12.00 14.1 or Replace or Doors First 5 windows and/or doors $ 162.50 Minimum Fee Each additional window $ 12.00 15. Screen Enclosures, Canopies and Awnings a. Screen Enclosures Each 100 square feet or fraction $ 12.00 b. Free Standing Canopies For each 100 SF or fraction thereof $ 120.00 c. Awnings and Canopies Horizontal projection Per square feet area covered d. Shutters $ 0.11 Shutters Up to 600 square feet $ Each additional square foot $ 0.11 Trailer: including tie down $ 162.50 This does not include installation of meter mounts and service equipment. Separate mechanical plumbing an related electrical permits are required. 17. Sign Permit Fees Sign fee Per sign (Silo & S105) $ 162.50 18. Satellite Dishes $ 200.00 380 Community Development Department Building 1. Minimum Plumbing or Gas Fee per Permit _ Except as otherwise specified $ 162.50 (This minimum does not apply to add on plumbing permits issued as supplementary to current outstanding permits for the same job.) 2. Roughing -lugged Bathtubs, closets, doctors, dentists, and hospital sterilizers, autoclaves, autopsy tables and other fixtures, appurtenances or other appliances having water supply or waste outlet, or both, drinking fountains, fixtures discharging into traps or safe waste pipes, floor drains, laundry tubs, lavatories, showers, sinks, slop sinks, urinals, water heaters. For each roughing -in or plugged outlet Fixtures set on new roughing -in or plugged outlets or replaced on old roughing in Each fixture 3. Septic Tank, Settling Tanks, Gas and Oil Interceptors, Grease Traps Installation (Including tank abandonment, drain tile and relay for same) $ $ $ 11.00 11 180.00 Each building storm sewer and each building sewer where connection is made $ 55.00 to a septic tank, to a collector line or to an existing sewer or to a city sewer or soakage pit or to a building drain outside a building Sewer Capping 5. Condensate Drain (Air Conditioning) Per outlet $ 22.00 6. Water Piping Water service connection to a municipal or private water supply system For each meter on each lot $ Water connection or outlets for appliance or installations not covered by fixture $ 22.00 set above Irrigation system, and underground sprinkler system For each zone $ 30.00 Solar water -heater installation, equipment replacement or repair $ 162.50 Swimming pool piping, not including well (new installation or replacement $ 162.50 including service connection) Sump pump $ 22.00 2" or less water service backflow assembles $ 60.00 2 %" or larger water service backflow assembles $ 97.50 Repairs to water piping For each $1,000 estimated cost or fractional part $ 60.00 7. Wells Community Development Department Building All wells $ 162.50 I Gas or a Liquefied Petroleum For each outlet $ 11.00 (includes meters and regulators) 11 For each appliance $ 11.00 (does not include warm air heating units, but does include unvented space heaters and vented wall heaters -No duct work) (See Fee section E (3) for heating) For each meter (new or replacement) $ 73.00 For major repairs to gas pipe where no fixture or appliance installation in involved See repairs Underground L.P. Gas Tanks $ 162.50 Above ground L.P. Gas Tanks $ 162.50 Change of company - (no additional appliances or outlets) $ 85.00 9. Water Treatment Plants, Pumping Stations, Sewage Treatment Plant and Lift Stations Water treatment plant (interior plant piping) $ 300.00 Sewage treatment plan (interior plant piping) $ 215.00 Lift Station (interior station piping) $ 345.00 Sewage ejector 125.00 10. Water and Gas Mai (On private property and other than public utility easements) Wwachf $ 11. Storm and Sanitary Utility and/or Collector Lines Building Drain Lines Each 50 lineal feet $ 15.00 Each manhole or catch basin 12. Temporary Toilets - Waterborne or Chemical Temporary Toilet Unit "ach Renewal of temporary toilet same charge as original permit $ 162.50 Each system (chair) $ 120.00 14. Trailer or Manufactures Homes Connections Construction Trailers Each Unit 15. Repairs Each $100.00 estimated cost or fractional part $ 15.00 Each unit $ 162.50 1. Minimum Electrical Permit Fee Including Repair Work per Permit ci:34 Community Development Department Building Except as otherwise specified $ 162.50 (This minimum does not apply to add-on electrical permits issued as supplementary to current outstanding permits for the same job and demolition work.) 2. Permanent Service to Buildings - New Work Only (The following fee shall be charged for total amperage of service.) For each 100 amp. or fractional part 3. Feeders (Includes feeders to panels, M.C.C.; switch -boards, generators; automatic transfer switches, elevators, etc.) Each feeder 4. Agricultural Service (Permanent) Per amp Per service 6. Trailer Service (Construction) Per service 7. Trailer S Per service ervice for Test (Commercial Only) a. Equipment and service (30 -day limit) 9. Re: Per meter b. Elevator (180 -day limit) $ $ 162.50 $ 162.50 $ 207.50 $ 162.50 areas, parking lot area and/or buildings and house service of Group R1. For each 100 square feet or fractional part of floor area 13.50 Common areas of Group Rl includes: corridors, public lounges, elevators, pumps. A/C (public area), lights, outlets, house and emergency service, etc. These areas shall be subject to the fees below: 10. All Other Wiring and Outlets a. Includes boxes, receptacles, switches, sign, fractional motor, fans, low voltage outlets, empty outlets for telephone, CTV, each outlet, 110 -volt smoke detectors Each outlet box b. Special outlet $ 3.05 383 Community Development Department Building c. Commercial equipment (KVA rated) X-ray outlets, cooking equipment. Presses, generators, transformers, permanently connected. For each 10 KW or fractional part $ 12.20 Motors Fractional already covered on general outlets $ 16.00 Air conditioning and refrigeration system (new work). Applies to commercial and residential, agricultural and industrial. Covers related work, except wall or window units which are covered under special outlets. 1. Per ton or fraction part thereof $ 9.00 2. Air conditioning and refrigeration system strip heating, space heating. For each 10 KW of fractional part $ 2.30 3. Replacement or relocation of existing A/C and refrigeration units (same size) Per ton $ 1.20 Per KW $ 0.65 Electrical equipment - replacement (existing facilities) Fee based on cumulative cost of the following components: 1. Switchboards, M.C.C., panels, control boards. For each board $ 30.00 11. Lighting Fixtures Fee based on cumulative cost of the following components: Includes floodlights, spotlights, parking lights, tennis court lights, fluorescent and fixtures, etc. incandescent a. Per fixture $ 2.80 b. Plugmold, light track, neon strips. Each 5 feet or fractional part $ 5.50 c. Per lighting pole (standards) (Fixture to be charged separately) $ 12. Signs chitectural Feature (Indoor Neons) Per outlet $ 15.00 Per square feet of sign $ Repairs, and reconnection Each $ 104.00' Neon strips Each 5 feet or fractional part $ 6.00 13. Temporary Work on Circuses, Carnivals, Fairs, Christmas Tree Lots, Fireworks, Tents, Etc. Per Ride or Structure $ 88.00 Includes fire alarm systems, Halon, simplified systems, new systems, upgraded systems, BDA systems, etc. Does not include single 110 volt residential detectors. Per system $ 220.001 384 Community Development Department Building 15. Master Television Antenna and Radio System Does not include CATV and telephone empty conduit system. Does include free wiring of same. Master control $ Each device $ larm System Wiring $ Complete System $ 17. Intercom Svst Includes residential (3 units or more), nurse call, paging, etc.: Each system plus devices $ 18. Energy Management System Per floor $ Repair Per floor g Pools, Electrical Fee based on cumulative cost of the following components a. Residential pool or spa (Group I) (Includes motor and pool lights) b. Residential Combination pool/spa (Includes motor and pool lights) c. Commercial and multi -family dwelling pool or spa d. Commercial, multi -family dwelling combination pool/spa ding S. New rr a (Requires processing) Fee based on cumulative cost of the following components: Includes lift st tions, sprinkler systems, stre t lighting, parking lots, etc. that require new service with separate meter 2n Per Structure 22. S •r Reconnection Per 100 amp Mete Per each I 2.05 110.00 162.50 183.00 104.00 104.00 162.50 244.00 335.00 162.50 79.00 9.00 162.50 Per service $ 162.50 Per service $ 162.50 Per System $ 445.00 Community Development Department Building 27. Mobile Home or RV Service Per service 28. Theft Detection System (Sensormatic) Per system $ 162.50 $ 162.50 Per system $ 122.00 Per each $ 12.50 Per each 32. Underground Manholes Per each Per system 3 Per each $ 12.20 $ 244.00 $ 162.50 $ 220.00 1. Minimum Mechanical Permit Fe Except as otherwise specified $ 162.50 IP (This minimum does not apply to add on mechanical permits issued as supplementary to current outstanding 1 permits for the same job.) 2. Refrigeration Separate permits are required for electrical, water and gas connections Each Walklln Cooler $ 305.00 Each Walk -In Freezer $ 305.00 3.HV Per ton or for each ton capacity or fractional part thereof 27.00 Per feet $ 1.83 5. Underground Tank/Storage Tank Per tank $ 262.30 6. Cooling Tower Per ton $ 18.30 7 Per each unit $ 162.50 Per each $ 230.00 Community Development Department Building 9. Fire Suppression Per fire suppression $ 162.50 •rinkler System Per fire sprinkler $ 162.50 Per condenser drain $ 1.83 Each Stationary $ 262.30 Perfeet $ 1.83 14. Duct Work Metal Perfeet $ Fiberglass Perfeet $ Flex Per feet $ 3cY0 15. Spac�■ieate Per Kilowatt $ 5.49 The following fees apply to each boiler to be installed. Boilers up to 6,695 MBTU $ 162.50 Boilers 6,696 MBTU and above $ 219.60 Steam driven prime movers $ 162.50 Steam actuated machinery $ 162.50 Unfired pressure vessels (operating at pressures in excess of 60 psi and having $ 110.00 volume of more than 5 cubic feet) Per Pressure Vessel $ 162.50 The following fees apply for periodic re -inspection Steam Boilers (annual) Each $ 219.60 Hot water boilers (annual) Each $ 91.50 Unfired pressure vessels (annual) Each $ 79.30 Miniature boilers (annual) Each $ 79.30 Certificate of inspection (where inspected by insurance company) Each $ 134.20 Shop inspection of boiler or pressure vessels Community Development Department Building Per Completed Vessel $ 134.20 (Minimum of $280.00 per half day, full day, regardless of number of vessels $ 683.20 inspected, max. $683.2) The following original fees shall be paid for all uses. The indicated renewal fee applies to those uses which are required to be renewed annually by Code or by Resolution. All non-renewable uses are issued permanent use and occupancy certificates which shall remain valid for an unlimited time, unless revoked for cause or abandoned and providing there is no change of use, ownership, or name, or that there is no enlargement, alteration or addition in the use or structure. Residential Duplexes Per Structure $ Bungalow courts $ Apartments, hotels, motor hotels and all multiple family uses -per building 4-50 Units $ 51-100 Units $ 101-200 Units $ 201 or more units $ Private school, day nursery, convalescent and nursing home, hospital, ACFL and Developmentally Disabled home care Business, Wholesale & Retail Per square feet of business area (Bl) $ Minimum $ Automobile, trailer, boat, truck, etc., rental or sales from open lot or combination open lot and building per square feet of business area $ (B2) Minimum $ Change of owner or restaurant liquor/beer/wine in conjunction with restaurants, grocery stores, etc. Industrial Per square feet of business area (I1) Minimum Automobile used parts yard, commercial incinerators, junkyards, slaughterhouses, bulk storage or petroleum products, and utility plants. Per square feet of business area (12) Minimum is Original Fee 48.00 63.50 76.00 91.50 105.00 126.25 119.00 $ Original Fee 0.42 $ 140.00 $ 0.04 $ 140.00 126.00 Original Fee 0.040 $ 140.00 $ $ 0.03 $ $ 589.00 $ Original Fee Annual Renewal Fee None None None None None None 70.00 Annual Renewal Fee 77.00 $225.00 $70.00 Annual Renewal Fee 77.00 225.00 Annual Renewal A 388 Community Development Department Building All unusual uses, except the following $ 295.00 $ 225.00 Churches None None Airport, commercial dump permits, racetracks, stadiums $ 589.00 $ 225.00 Cabaret, nightclub, liquor or package store $ 372.00 $ 372.00 Rock quarries, lake excavations and/or filling thereof $ 453.00 $ 225.00 Circus or Carnival Per week $ 260.00 $ 260.00 Open lot uses 175.00 $ 175.00 Land clearing, sub soil preparation $ 154.00 $ 175.00 Agricultural Original Fee Annual Renewal Fee All uses, except as otherwise listed herein $ 175.00 $ �ailer Use Certificat Original Fee a. Trailers approved for temporary occupancy during $ 252.50 $ construction of a residence (section 33-168 Metro Code) b.Trailers approved for commercial purposes or development projects, including watchman's quarters and temporary sales $ 491.00$ trailers e of Use or Name Where there is a change of use or name, the fee shall be the original fee listed for the proposed use. 175.00 Annual Renewal Fee 252.50 91.00 No refunds shall be made of fees paid for use and occupancy permits. In case of error, adjustment may be made by the Director of the Community Development Department. Occupancy without C. Original Fee (In violation) (WO) $210.00 plus a double $ C.O. fee Failure to Renew C.O. C.O.'s not renewed on or before the renewal date $172.50 plus a double $ C.O. fee krtificate of Completio. Original Fee Single family residence, Townhouse Unit, and commercial shell $ 35.00 Temporary C.O. Upfront" Fee $50.00 which is not refundable. This fee shall be deducted from the total cost of the TCO. Annual Renewal Fe None ■ ci:':] Community Development Department Building C.O. and TCO Inspection Fee (Cl) Inspection fee of $43.00 is charged for each inspector who is required to make field inspection. Temporary CO's will be charged at a fee equal to the final CO cost in addition to the inspection fee. This fee will be needed up to ninety (90) days. C.O. Reinspection Fee A fee of $75.00 for each inspector who must return shall be charged. Any reinspection after the initial reinspection shall require payment of a $143.50 fee. In accordance with the provisions of the Florida Building Code, each firm or organization which performs its own maintenance work with certified maintenance personnel as well as helpers thereunder may pay to the City of Aventura an annual Master and Subsidiary Facility Permit (Premise Permit) fee in lieu of other fees for maintenance work. Such fee shall be paid to the Community Development Department and such permit shall be renewed annually at a fee which is calculated in accordance with the provisions of this subsection. 1. Calculation of the Initial Master Facility Permit Fee Per total number of such employees $ 90.00 Minimum $ 1,350.00 2. Calculation of the Initial Subsidiary Facility Permit Fee = Per total number of such employees $ 90.00 Minimum $ 480.00 3. Renewal of Fa Same method used to calculate the original facility permit fee Each 40 -year recertification application $ 470.00 Each application subsequent recertification at 10 -year intervals $ 470.00 Recording fees: Established by the Clerk of the Court (Recorder) Initial application $ 470.00 Each subsequent application $ 470.00 Case Processing Fee $ 600.00 Pictures Each $ 3.50 Inspection Fee Each $ 200.00 Posting of Notices Each $ 60.00 Unsafe Structures Board Processing Fee $ 225.00 deli] Community Development Department Building Title Search Actual Cost Court Reporting Transcription Actual Cost Legal Advertisement Actual Cost Permit Fees Actual Cost Lien/Recordation/Cancellation of Notices Each Actual Cost Bid Processing Fee $ 177.00 Demolition/Secure Services Actual Cost Asbestos Sampling & Abatement Actual Cost Corporate Information $ 36.50 Extension Fee $ 180.00 Residential $ 96.47 per unit Nonresidential 0.14 per square foot The fee per residential unit or fee per nonresidential square foot shall be multiplied by the feepayer's total number of units for residential property or total number of square feet for nonresidential property. The total will then be multiplied by 1.05 to accommodate the general administrative charge of five percent. The resulting total is the police services impact fee and administrative charge which shall be paid by the feepayer. The remainder of this page has intentionally been left blank Community Development Department Building Residence per Dwelling 0.972 $ 803.05 Office per 1,000 FT* 1.557 $ 1,286.59 Retail per 1,000 FT* 2.175 $ 1,797.33 Tourist Accommodation per 1,000 FT* 2.72 $ 2,247.22 Industrial per 1,000 FT* 1.319 $ 1,089.35 Institutional per 1,000 FT* 2.312 $ 1,910.09 *The fee per residential dwelling unit or fee per thousand nonresidential square feet shall be multiplied by the applicant's total number of dwelling units for residential property or total number of thousands of square feet for nonresidential property. The total will then be multiplied by 1.03 for a general administrative charge of three percent. The resulting total is the Transportation Mitigation Impact Fee and administrative charge, which amount shall be paid by the applicant. The remainder of this page has intentionally been left blank KkYA Community Development Department Code Compliance Failing to comply with local business tax receipt requirements $ 250.00 & revocation of receipt Failing to comply with noise regulations and permitted construction hours $ 250.00 Failing to comply with political sign requirements $ 250.00 & removal Failure to comply with solid waste collection franchise requirements $ 250.00 Failure to comply with newsrack requirements $ 250.00 Failure to comply with commercial advertising sign requirements $ 250.00 Failure to remove canine fecal matter or leash canines on public property $ 250.00 Failure to obtain a permit to film or meet regulations $ 250.00 Failure for contractor to register with the City $ 250.00 Failure to obtain a building permit $ 250.00 or cost of double permit fee, whichever is greater Violation of flood damage prevention requirements $ 250.00 Illegally maintaining a prohibited sign $ 250.00 Failure to maintain required signs $ 250.00 Failure to obtain required sign inspection approval $ 250.00 Maintaining a hazardous sign $ 250.00 Failure to comply with specific requirements of the Sign Code $ 250.00 Failure to maintain the landscaping required for a sign $ 250.00 Failure to maintain signs $ 250.00 For violations of any section of this Code for which a specific penalty is not prescribed in this section, a penalty shall be imposed which shall not exceed $250.00 per day for a first violation and shall not exceed $500.00 per day for a repeat violation. For the purposes of continuing violations, each day shall constitute a separate violation. The remainder of this page has intentionally been left blank Community Development Department Code Compliance Red Light Signal Violation $ 158.00 Provide an affidavit that complies with F.S. § 316.0083, or request a hearing within sixty (60) days of the date the notice was issued in order to avoid the issuance of a Uniform Traffic Citation. Red Light Signal Violation Hearing Canceling appearance Penalty + Notice of Violation upheld Penalty+ plus municipal costs < $250.00 50.00 School Zone Violation $ 100.00 The remainder of this page has intentionally been left blank Community Services Department Adult Softball Team Fee $ 540.00 $ 729.00 Adult Pickleball & Tennis Clinics $ 35.00 $ 42.00 Aventura F.C. Summer Elite Training $ 150.00 $ 180.00 Men's Soccer League $ 200.00 per month $ 160.00 $ 216.00 After -School Pickleball & Tennis $ 50.00 $ 295.00 $ 354.00 Boy's Rec Soccer League *Uniform Fee $ 20.00 $ 300.00 $ 405.00 Girl's Rec Soccer League *Uniform Fee $ 20.00 $ 300.00 $ 405.00 Private Group Pickleball & Tennis Lessons $ 160.00 $ 192.00 Recreational Youth Basketball League $ 300.00 $ 405.00 Facility Membership + Tax 1 Month $ 20.00 6 Months $ 48.00 Annual $ 64.00 Soccer Tots $ 150.00 $ 180.00 Travel Soccer League $ 225.00 Monthly Fee $ 172.00 $ 236.25 Youth Peewee Tennis 8 Class Sessions $ 200.00 $ 270.00 The remainder of this page has intentionally been left blank Community Services Department Aventura City of Excellence School Aftercare Program $ 25.00 per. 16.00 $ 19.20 Sibling Connection $ 25.00 per day 4.00 $ 4.80 Early Release $ 25.00 per early release day $ 30.00 Aventura Waterways K-8 Aftercare Program $ 25.00 per day $ 18.00 $ 21.60 Recreational Classes $ 25.00 Toddler $ 17.0C Youth $ 15.00 Adult $ 12.0C per class (average 9 classes per session) *Some classes require an additional supply fee of $25.00 - $50.00 per session Parent Night Out $ 25.00 per event $ 40.00 $ 48.00 Teacher Planning Days (TPD) $ 25.00 per TPD $ 45.00 $ 54.00 Yoga in the Park Youth Recess Camps (Winter, Spring & Summer) $ 25.00 General Camps- Weekly $ 210.00 $ 252.00 Sports Camps - Weekly $ 240.00 $ 288.00 Science/Art Camps - Weekly $ 260.00 $ 312.00 Fishing/Travel Camps- Weekly $ 295.00 $ 354.00 Tennis Camp (Winter, Spring & Summer) $ 325.00 $ 390.00 Zumba in the Park The remainder of this page has intentionally been left blank Kklsi Community Services Department Non -Resident Adult Park Entry Fee $ 5.35 Non -Resident Child Park Entry Fee $ 3.21 Non -Resident SpashPad Entry Fee $ 10.00 Facility Membership - Family + Tax 1 Month $ 50.00 6 Months $ 192.00 Annual $ 256.00 Facility Membership - Individual Child or Senior + Tax 1 Month $ 20.00 6 Months $ 48.00 Annual $ 64.00 Facility Membership - Individual Adult + Tax 1 Month $ 30.00 6 Months $ 96.00 Annual $ 128.00 Program Membership $ 25.00 Aventura Community Green Garden per year $ 150.00 tRYA City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank Public Works/Transportation Department 1. For installation or repair of sanitary and storm sewers, water lines, gas lines, buried electric, telephone, CATV, service laterals or other underground utilities: a. For 100 linear feet or less $ 250.00 b. For each additional 100 linear feet or fraction thereof $ 130.00 2. For each installation or repair of exfiltration drains consisting of one catch basin, exfiltration trench, or slab covered trench. Repairs to pipes associated with drainage to be charged per each instance of repair: For each inlet and associated exfiltration trench, continuous systems to be charged a. $ 230.00 per inlet a. For each utility pole or anchor $ 180.00 b. For each telecommunicatiop stand-alone or stealth pole installation $ c. For each telecommunicatio■n antenna in the public right-of-way $ 1,350.00 4. For constructioint of concrete work in the public right-of-way: a. Sidewalks For 100 linear feet or less $ 180.00 For each additional 100 linear feet or fraction thereof $ 90.00 b. Curb, gutter, Curb and Gutter, Valley Gutter, curb separators, etc.: For 100 linear feet or less $ 300.00 For each additional 100 linear feet or fraction thereof 170.00 5. For construction of driveways on private property $ 210.00 For each residential driveway approach width of 20 feet or less (each driveway a. $ 50.00 approach) b For each commercial driveway approach, or for each driveway approach on a major $ 100.00 roadway (arterial, collector, section -line, Y2 section -line) roadway, or for each residential driveway approach width greater than 20 feet. (each driveway approach) 7. For construction of street pavements, including paving of parkways and shoulders (includes base and subgrade): a. One lane or two-lane pavements (width of pavement being 0 to 24 feet): For 100 linear feet or less $ 650.00 For each additional 100 linear feet or fraction thereof $ 260.00 b. Three or more lanes of pavement (aggregate width greater than 24 feet): For 100 linear feet or less $ 740.00 For each additional 100 linear feet or fraction thereof $ 310.00 8. For repair, resurfacing, milling, and resurfacing, patching, or pavement restoration in public rights -of -way: a. For each 1,000 square feet or fraction thereof $ 50.00 Public Works/Transportation Department a. For each 100 linear feet or less b. For each additional 100 linear feet or fraction thereof 10. For erection of street name signs, traffic or directional signs, etc.: a. For each sign of bridges: M $ 180.00 $ $ 20.00 a. For bridge roadway area of 1,000 square feet or less $ 6,130.00 b. For each additional 100 square feet or fraction thereof $ 1,530.00 12. For installation of permanent typec barricades, guardrails, bollards or guideposts: a. For each 100 linear feet or fraction thereof $ 140.00 a. For each 100 linear feet or fraction thereof $ 180.00 a. For each 100 linear feet or fraction thereof $ 820.00 in a. For each new Traffic Signal per intersection $ 1,330.00 b. For each new Rapid Flashing Beacon, Feed Back Sign, School Flashing Signals, etc. $ 16. For upgrade, modification, or repair o existing tr fic signals (includes signals, poles, incidental wiring, interconnects, etc) a. For each upgraded, modified, or repaired Traffic Signal per intersection $ 820.00 b For each upgraded, modified, or repaired Rapid Flashing Beacon, Feed Back Sign, $ School Flashing Signals, etc. c. Induction loop(s) repair per intersection $ 400.00 17. Feach soil boring $ 140.00 $ 30.00 When work for which a permit is required is commenced prior to obtaining a permit a penalty fee will be imposed. THE PENALTY FEE WILL BE DOUBLE THE ORIGINAL PERMIT FEE. The payment of such penalty fee shall not relieve any person, firm, or corporation from fully complying with all of the requirements of all applicable regulations and codes, nor shall it relieve them from being subject to any of the penalties therein. A permit may be extended, at the discretion of the Department for a period of up to, but not more than one year, from the expiration date of the original permit, provided the Permit Section of the Department is notified of the request for an extension prior to the expiration of the permit. If the permit is allowed to expire without requesting an extension, a new permit will be required, including appropriate fees, for the remainder of the uncompleted work. This extension provision only applies to Construction -related Permits addressed in this schedule; it does not apply to permits or fees related to temporary use of rights of way or Department controlled land or easements, to Oversize/Overweight Permits. 400 Public Works/Transportation Department A fee of $230.00 will be assessed when a final inspection is requested after a permit's expiration date. This fee will re -open an expired permit for a period of thirty (30) days in order to conduct a final inspection. Failed inspections during this time period will be charged under (G). A fee equal to actual staff time and related costs, shall be assessed for special projects requiring research or other work by the Department (and/or other City departments or staff), such as to address special circumstances, or in order to answer questions proposed by property owners, homeowners' associations, developers, attorneys, realtors, contractors, consultants, designers or municipalities, etc., in connection with, for example: (a) the use, restrictions, re -subdivision, and development of properties, including rights -of -way and easements; (b) the requirements and fees for permitting, platting, bonding, licensing, impact fees, concurrency, road engineering and/or construction, etc.; and/or (c) the determination of any existing violations on the property through a review of departmental records. Such special fee will only be levied for requests outside the scope of normal departmental work. A minimum fee of $300.00 shall be charged. $ 120.00 $ 90.00 a. Upfront Design Review Processing Fee $ 80.00 b. Permit processing fee $ 80.00 • a. MOT Review fee per permit includes vehicular, bicycle and pedestrian $ 70.00 MOT Small Reviews (work not exceeding more than 6 hours within the right-of-way, b. no road closures, no detours) per phase $ 330.00 MOT Complex review (work exceeding more than 6 hours within the right of way c. and/or includes road closure, lane closures, detour, etc.) per phase $ 555.00 d. Resubmittal of MOT Small Reviews $ 290.00 e. Resubmittal of MOT Complex review $ 520.00 a. Residential $ 85.00 b. Commercial $ 100.00 a. Schematic Engineering Plan Review $ 750.00 2. Paving, Grading, a a. Project Value up to $300,000 $ 1,000.00 b. For each additional $1,000 or fraction thereof 3.50 Public Works/Transportation Department A non-refundable minimum fee of $300.00, and an initial inspection fee of $120.00, shall be assessed. A non-refundable fee for a permit issued under this article for the partial or full obstruction by construction -related activities exceeding 24 hours in duration shall be as follows: a. Sidewalk closure per linear feet per day b. Lane Closure per linear feet per day The remainder of this page has intentionally been left blank 0.20 0.35 :11YA Aventura Arts & Cultural Center Commercial $ 1,400.00 Non-profit $ 1,200.00 Aventura Residents $ 1,000.00 Damage Deposit TBD Service Packages (included in base rent) Additional over 3.5 hours (per hour) Front of House $ 125.00 Cleaning/Maintenance $ 100.00 Non -Ticketed Events per seat usage fee $ 3.00 Merchandise Sales flat fee per vendor per performance $ 50.00 Equipment Rental As required at prevailing rates, see below Additional Porter Required if food or beverage is served $ 75.00 Draperies Theater comes equipped with full stage black masking Additional rental soft goods: White filled scrim/cyclorama per day $ 75.00 per week (3 days or more) $ 225.00 Black sharks -tooth scrim $ 75.00 per day $ 225.00 per week (3 days or more) Chameleon ShowLED ROB "Star" drop per day $ 75.00 per week (3 days or more) $ 225.00 Full stage crystal bead drop per day $ 75.00 per week (3 days or more) $ 225.00 12' crystal columns (x4) per day per column $ 50.00 per week (3 days or more) $ 150.00 403 Aventura Arts Cultural Center Black -out Traveler per day $ 75.00 per week (3 days or more) $ 225.00 10x14 Projection surface/screen per day $ 75.00 per week (3 days or more) $ 225.00 14x25 Projection surface/screen per day $ 75.00 per week (3 days or more) $ 225.00 Lighting Package Includes House repertory lighting plot & lighting control console per day $ 150.00 per week (3 days or more) $ 450.00 Additional in-house lighting and decor items Includes exterior lighting and booms, "crystal" chandeliers, moving lights, hazel, fogger & mirror ball per unit per day $ 50.00 per week (3 days or more) $ 150.00 Followspots (2 available) per day $ 50.00 per week (3 days or more) $ 150.00 Sound Package Includes House PA system, wired microphones & sound control console per day $ 150.00 per week (3 days or more) $ 450.00 Additional Microphones Lavalier Mics each per day $ 75.00 per week (3 days or more) $ 225.00 Handheld Wireless Mics each per day $ 75.00 per week (3 days or more) $ 225.00 LCD Projector Projection surface priced separately per day $ 250.00 per week (3 days or more) $ 625.00 404 Aventura Arts Cultural Center Pianos 7' Steinway baby grand, Model B with bench or Yamaha CP-4 Digital keyboard with stand per day $ 200.00 per week (3 days or more) $ 450.00 Risers 4'x8with legs (8,16, or 24)- includes railings & steps per unit per day $ 25.00 per week (3 days or more) $ 75.00 Dance Floor Black/Grey lonseal "marley" floors per day $ 100.00 per week (3 days or more) $ 300.00 Tables/Chairs/Linen Includes In -House inventory only of 6ft and 8ft banquet tables, hi or low cocktail rounds, large dining rounds, house linen, blue plastic stackable chairs. Check with venue for available inventory per unit per day $ 5.00 Additional In -House Items Available at prevailing rates Facility Fee $ 1.50 Maintenance Fee Ticket Surcharge $ 2.00 The City has a management agreement with the Performing Arts Center Authority ("PACA") aka Broward Center for the Performing Arts to operate the AACC. The License Agreement for Rental Fees are between the renter and Performing Arts Center Authority. The fees above are paid by the renter and are income to the City. There are other fees associated with renting the AACC that are not included above. The remainder of this page has intentionally been left blank !1117 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Appendix C Authorized Investment Summary Table City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 408 V x F+ f17 U} f17 L {� V7 V} U7 f1} U7 CCS C6 CR CG113 sU CCS M m C5 CR u A is } O Uo O i V O �L'J GO r IN {D IN N CC] i�7 IN N N N N N a O { /C V U] L C C6 0 O Q} y j O C] C6 _ F f VQ LL .. U, n O 0 -� 9 c m U7 U) V? C E C C c r C C+7 CJJ Ch m J y m N qx 00 1130> E 9J 9J }{ Ca Ca Ca t GG U E 1 SQ C m 4 Eu w w m r m w Q m .12 p ` Stt a ID m m C 4 m E E LL[ o m ma C !m9 m m `d rym E f7 Eu - m NLu w v m N 4 N Dl Lu 3 v O a m ID 5-. 0 .l�i V Eu w m A 11 1Lu w O S w m N v m rJ` O C N J m ] '12 - ' Eu v E m u ()m 2— w m m Eu 14 C E L L lJ Lu Ii i1irn � m ww" tt€ dp m � a V - `o .1 ¢ u Eu '-' C .IL L Dl w -D Eu E a U m 1= w a - _ mm - E 12 E .G m _ op Lu -EuEu } j 4 9 Iei t A0 a LN� F City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Appendix D Budgeted Account Category Synopsis City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank Budgeted Account Category Synopsis Revenues: Ad Valorem Taxes • Revenue derived from property taxes. • Object codes - 311000-311999 Utility & Locally Levied Taxes • Revenue derived from sources such as the section 185 premium tax and utility taxes for electricity, water and gas. Additionally, unified communication tax and City business taxes are included here. • Object codes - 312000-316100 Franchise Fees • Revenue derived from franchise fees related to electricity, gas, solid waste and towing. • Object codes - 323000-323999 Licenses, Permits and Impact Fees • Revenue derived from engineering permits and building permits. • Object codes - 322000-322999, 324000-324999 & 329000-329999 Intergovernmental • Revenue derived from sources such as maintenance agreements with the State, State revenue sharing, half cent sales tax, County occupational licenses, local option fuel taxes, fuel tax refund and county funded transit system surtax. • Object codes - 312400-312499,331000-331999 & 334000-341999 Charges for Services • Revenues derived from stormwater fees, lien searches, Police detail billing, Police services agreement, development review fees, fees related to Community Services and the AACC. • Object codes - 341000-347999 Fines & Forfeitures • Revenues derived from various fines and violations i.e., County court, code enforcement, red light safety program and the school zone violation. • Object codes - 351000-359999 Investment Income • Revenue derived from City investments. • Object codes - 361000-361999 !191 Miscellaneous • Revenue derived from the sale of City assets, convenience fees related to credit card transaction, kiosk revenue and other revenues. • Object codes - 364000-369999 Transfers In • Revenue derived from transfers into the General Fund from other funds. • Object codes - 380000-389999 Expenditures/Expenses: Personnel • Costs associated with employees, i.e., Salaries, FICA & Medicare Taxes, Pension, Health Insurance, Other Insurances Workers' Compensation. • Object codes - 510000-529999 Operating • Costs associated with running City operations, i.e., Professional Services, Contract Services, Travel, Communication Services, Utilities, Repairs & Maintenance, Advertising, Office Supplies, Gas & Oil, Memberships, Computer Subscriptions and Trainings. • Object codes - 530000-599999 • Costs associated with capital purchased for the City, i.e., Building Improvements, Equipment, Vehicles, Drainage Improvements, Technology and Transportation Improvements. • Object codes - 660000-668999 • Object code 669999 is related to the CIP Reserve which is budgeted to save for future use on Capital Projects. Debt Service • Costs associated with City debt, i.e., Lease and/or Debt Principal and Interest Payments. • Object codes - 770000-779999 Transfers Out • Costs associated with transfers to other funds, i.e., General Fund transfers to the Debt Service Funds to cover City debt and the Building Funds transfer to the General Fund to cover their portion of allocated costs from an allocation study the City had done. • Object codes - 990000-999999 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 Appendix E Glossary of Acronyms & Terms M11 City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 911 Fund This fund is used to account for revenues and expenditures specifically earmarked for the City's emergency 911 system in accordance with Florida Statutes 365.172. The funds may be used to provide emergency dispatch systems, training, communication, maintenance and repairs and related capital outlay purchases. The fund offsets a portion of the emergency 911 operations. -A- Account A term used to identify an individual asset, liability, expenditure control, revenue control, encumbrance control or fund balance. Accounting System The total structure of records and procedures which discover, record, classify, summarize and report information on the financial position and results of operations of the City or any of its funds, fund types, balanced account groups or organizational components. kccrual Basis of Accounting A method of accounting where revenues are recorded when service is given and expenses are recognized when the benefit is received. ACFR Annual Comprehensive Financial Report Actuary A person that makes determinations of required contributions to achieve future funding levels that addresses risk and time. Ad Valorem Taxes Taxes levied on all real and certain personal property, tangible and intangible, according to the property's assessed valuation. Adopted Budget The initially proposed budget as formally approved by the City Commission. Amended Budget The adopted budget as formally adjusted by the City Commission. Amortization The reduction of debt through regular payments of principal and interest sufficient to retire the debt instrument at a predetermined date known as maturity. Annual Comprehensive Financial Report (Annual Report") This official annual report presents the status of the City's finances in a standardized format. The Annual Report is organized by fund and contains two (2) basic types of information: a balance sheet that compares assets with liabilities and fund balance and an operating statement that compares revenues and expenditures. ArD Accounting Principles Board .ppropriation An authorization granted by the City Commission to make expenditures and to incur obligations for specific purposes. An appropriation is limited in amount to the time it may be expended. ARBs Accounting Research Bulletins ARPA American Rescue Plan Act hrts & Cultural Center ("AACC") A facility in Aventura that offers a wide range of entertainment and provides a variety of performing arts and relevant cultural programming. Assessed Valuation A valuation set upon real estate or other property by the County Property Appraiser and the State as a basis for levying ad valorem taxes. Cash, receivables or capital assets listed within the balance sheet. Audit Examination of financial transactions and internal controls performed by an outside firm. AVE Avenue Aventura City of Excellence School ("ACES") A Charter School in Aventura for grades K-8. -B- Balance Sheet Basic financial statement that describes the basis of accounting used in its preparation and presentation of a specified date in the City's assets, liabilities and the remaining fund balance or fund equity. Balanced Budget A budget in which current funds or revenues equal planned expenditures. Basis of Accounting Basis of Accounting refers to the time period when revenues and expenditures are recognized in the accounts and reported on the financial statements. Basis of accounting relates to the timing of the measurements made, regardless of the measurement focus applied. Basis of Budgeting The Basis of Budgeting refers to the method used to determine when revenues and expenditures are recognized for budgetary purposes. Budgets for governmental funds are adopted on a basis that is consistent with Generally Accepted Accounting Principles ("GAAP") which require recognition of transactions or events on a modified accrual basis of accounting. This basis of accounting recognizes increases and decreases in financial resources only to the extent that they reflect near -term inflows or outflows of cash. Basis Point Equal to 1/100 of 1%. If interest rates rise from 7.50% to 7.75%, the difference is referred to as an increase of 25 basis points. Blended Component Unit Separate legal entities that meet the component unit criteria (the City is financially accountable for a component unit if it appoints a voting majority of the organization's governing board and it is able to impose its will on that organization or there is a potential for the organization to provide specific financial benefits to, or impose specific financial burdens on the City) and whose governing body is the same as, substantially the same as, or appointed by the City Commission and the component unit provides services (financial benefit) entirely to the City. Bond A written promise, generally under seal, to pay a specified sum of money, called the face value, at a fixed time in the future, called the date of maturity and carrying interest at a fixed rate, usually payable periodically. Note: The difference between a note and a bond is that the latter usually runs for a longer period of time and requires greater legal formality. Bond Covenants A legally enforceable promise made to the bondholders from the issuer, generally in relation to the funding source utilized for repayment. That portion of indebtedness represented by outstanding bonds. Budget A financial operating plan that embodies an estimate of proposed expenditures for a given period (usually a single fiscal year) and the proposed means of financing them. Budget Calendar A schedule of key dates that the City utilizes to prepare, adopt and administer the budget. Budget Message A general discussion of the proposed budget as presented in writing by the City Manager to the City Commission. ludgetary Control The control or management of the City in accordance with the approved budget for the purpose of keeping expenditures within the limitations of available appropriations and available revenues. Represents the level of control at which expenditures may not exceed budget. Any revisions that alter the total expenditures of a department must be approved by the City Commission. Building Fund A fund established to account for the revenues and expenditures of the Building Department to comply with Florida Statutes. -C- CALEA Commission of Accreditation for Law Enforcement Agencies 420 :apital Budget A plan of proposed capital outlays and the means of financing them for the current fiscal period. ,apital Construction Fund A fund established to account for bond proceeds and expenditures associated with the purchase of properties and/or construction costs to be utilized for public parks, Arts & Cultural Center, the Government Center and Police Station and the Don Soffer Aventura High School. .apital Improvement Program ("CIP") A plan for capital expenditures to be incurred each year over a five-year period to meet capital needs arising from the long-term work program or otherwise. It sets forth each project or other contemplated expenditure in which the City is to have a part and specifies the full resources estimated to be available to finance the projected expenditures. Capital Outlays Non -recurring expenditures of an infrequent or unusual nature which may result in the acquisition/addition to the City's fixed capital assets or infrastructure. :apital Projects Fund A fund established to account for impact fees and other revenues specifically earmarked for capital projects restricted by City Ordinance or Commission Policy. c-ere=c Coronavirus Aid, Relief, and Economic Security Carryover An existing fund balance that is projected to be available for use in the City's annual budgeted expenditures. Centers forDisease Control and Prevention ("CDC") Mentioned in the glossary due to the COVID-19 pandemic. Chart of Accounts The classification system used by the City to organize the accounting for various funds. Chaner Schools USH,ina. ("CSUSA") An organization that manages the City's Charter Schools. Capital Improvement Project Citizens' Independent Transportation Trust COLA Cost of Living Adjustment Collective uargaining Agreement ("CBA") An employment agreement between the City and Dade County Police Benevolent Association that covers Officers and Sergeants. Commercial Pape An unsecured promissory note that is issued for a specific amount, maturing on a specific day. Normally, the maximum maturity is 270 days, but the most common length is 30 days. Contingency An appropriation of funds available to cover unforeseen events that occur during the fiscal year. These funds, if not used, lapse at year-end. Note: This is not the same as fund balance. Coronavirus Disease 2019 ("COVID-19") A pandemic that affected the world and changed how people, businesses and communities do life and work. Consumer Price Index Community Recreation Center Community Rating System Current Assets Assets that one can reasonably expect to convert into cash, sell or be consumed through operations within one (1) year. Current Liabilities Obligation whose liquidation is expected to require the use of existing resources classified as current assets or the creation of other current liabilities. Debt Service The payment of principal and interest on borrowed funds such as bonds. A fund established to finance and account for the accumulation of resources for and the payment of, general long-term debt principal and interest. Note: This fund is also referred to as a "Sinking Fund". Debt Service Requirement The amounts of revenue which must be provided for a debt service fund so that all principal and interest payments can be made in full and on schedule. Defeasance A provision that voids a bond when the borrower puts cash in escrow via a refunding bond issuance sufficient to service the borrower's debt. When a bond issue is defeased, the borrower sets aside cash to pay off the bonds, therefore the outstanding debt and cash offset each other on the balance sheet and are removed from the financial statements. Depreciation The decrease in the value of physical assets due to their use and the passage of time. DEPT Department Division Don Soffer Aventura Hig Aventura's High School for grades 9-12. The rest of this page has intentionally been left blank 423 -E - Encumbrances Obligations in the form of purchase orders, contracts or salary commitments which are chargeable to an appropriation and for which a part of the appropriation is reserved. They cease to be encumbrances when paid or when the actual liability is set up. Enterprise Fund Used to account for business -type activities that charge customers a fee for their use of specific goods or services. . quivalent Residential Unit CERU") Used in calculating stormwater utility fees. The City charges a specific amount per ERU. For accrual basis accounts, this term designates total charges incurred, whether paid or unpaid, including expenses, provision for debt service and capital outlays. For cash basis accounts, the term covers only actual disbursements for these purposes. Note: Encumbrances are not considered expenditures. Expenses Charges incurred, whether paid or unpaid, for operation, maintenance and interest and other charges which are presumed to benefit the current fiscal period. -F- FASB Financial Accounting Standards Board FIND Florida Inland Navigation District Fiscal Perior' Any period at the end of which a governmental unit determines its financial condition and the results of its operations and closes its books. Note: It is usually a year, though not necessarily a calendar year. Fiscal Year ("FY") Any period of 12 consecutive months to which the annual budget applies and at the end of which the City determines its financial position and results of operations. The City's fiscal year begins October 1St and ends September 30th 424 Fixed Assets Land, buildings, machinery, furniture, or other equipment that have a useful life of more than one (1) year that cost more than $5,000. Florida Department of Transportation ("FD®T"") Maintains the roadways in the State of Florida. iorida Power & Light Company CFPL") Franchise Fee Charges to service providers for exclusive/non-exclusive rights to operate within municipal boundaries. Examples include electric, gas, sanitation and towing. Full Time Full Time Equivalent Full -Time Equivalent Position ("FTE") A part-time position converted to the decimal equivalent of a full-time position based on 2,080 hours/year. Fund An independent fiscal and accounting entity with a self -balancing set of accounts recording cash and/or other resources, together with all related liabilities, obligations, reserves and equities which are segregated for the purpose of carrying on specific activities or attaining certain objectives in accordance with special regulations, restrictions or limitations. Fund Accounts All accounts necessary to set forth the financial operations and financial condition of a fund. Fund Balance The excess of a fund's assets over its liabilities and reserves. The City follows GASB Statement No. 54, Fund Balance Reporting and Governmental Fund Type Definitions which requires that governmental fund financial statements present fund balances based on classifications that comprise a hierarchy that is based primarily on the extent to which the City is bound to honor constraints on the specific purposes for which amounts in the respective governmental funds can be spent. The classifications used in the governmental fund financial statements are as follows: Nonspendable: This classification includes amounts that cannot be spent because they are either (a) not in spendable form or (b) are legally or contractually required to be maintained intact. "Not in spendable form" includes items that are not expected to be converted to cash (such as inventories and prepaid amounts) and items such as long- term amount of loans and notes receivable, as well as property acquired for resale. The corpus (or principal) of a permanent fund is an example of an amount that is legally or contractually required to be maintained intact. Restricted: This classification includes amounts for which constraints have been placed on the use of the resources either (a) externally imposed by creditors (such as through a debt covenant), grantors, contributors, or laws or regulations of other governments, or (b) imposed by law through constitutional provisions or enabling legislation. Committed: This classification includes amounts that can be used only for the specific purposes determined by a formal action of the City Commission that can, by adoption of an ordinance prior to the end of the fiscal year, commit fund balance. Once adopted, the limitation imposed by the ordinance remains in place until a similar action is taken (the adoption of another ordinance) to remove or revise the limitation. Resources accumulated pursuant to stabilization arrangements are reported in this category. Assigned: This classification includes amounts that are constrained by the City's intent to be used for a specific purpose but are neither restricted nor committed. The City Commission has by resolution authorized the City Manager to assign fund balance. The City Commission may also assign fund balance as it does when appropriating fund balance to cover a gap between estimated revenue and appropriations in the subsequent year's budget. Unlike commitments, assignments generally can only exist temporarily. In other words, an additional action does not normally have to be taken for the removal of an assignment. Conversely, as discussed above, an additional action is essential to either remove or revise a commitment. Unassigned: This classification includes the residual fund balance for the General Fund. This classification represents fund balance that has not been assigned to other funds and that has not been restricted, committed, or assigned to specific purposes within the General Fund. Unassigned fund balance may also include negative balances for any governmental fund if expenditures exceed amounts restricted, committed or assigned for those specific purposes. -G- GAAP Generally Accepted Accounting Principles :yzy tAneral Fund The fund that is available for any legal authorized purpose and which is therefore used to account for all revenues and all activities except those required to be accounted for in another fund. Note: The General Fund is used to finance the City's ordinary operations Geographic Information System Goal A statement of broad direction, purpose or intent based on the needs of the community. A goal is general and timeless; that is, it is not concerned with a specific achievement in a given period. Government Finance Officers Association ("GFOA") Organization that provides education, best practices and award recognition for governments. eovernmentai Accounting Standards Board ("GASB") Issues accounting pronouncements. ,overnmental Fund Financial statements consisting of a balance sheet and a statement of revenues, expenditures, and changes in fund balances. In general, these financial statements have a short-term emphasis and, for the most part, measure and account for cash and other assets that can easily be converted to cash. The operating statement for governmental funds reports only those revenues that were collected during the current period or very shortly after the end of the year. Expenditures are recorded when incurred. Grant A contribution by one (1) governmental unit to another. The contribution is usually made to aid in the support of a specified function (e.g., education), but is sometimes also made for general purposes. -H- Heating, Ventilation and Air Conditioning ("HVAC") Referenced in Capital Projects when these need replacing. Income This term is used in accounting for governmental enterprises and represents the excess of the revenues earned over the expenses incurred in carrying on particular phases of an enterprise's activities. As indicated elsewhere, the excess of the total revenues over the total expenses of the utility for a particular accounting period is called "net income". 11.11 I. EFO1* 1O1 Public domain fixed assets including roads, bridges, curbs, gutters, sidewalks, drainage systems, lighting systems and other items that have value only to the City. Interest Income Revenue generated through the investment of fund balances. Interfund Transfers Administrative fees charged to other City funds for the provision of administration and other City services. Intergovernmental Revenue Revenue received from or through the Federal, State or County government, including State Revenue Sharing, Alcoholic Beverage Tax, Sales Tax and Gasoline Taxes. A detailed list showing quantities, descriptions, property values, units of measure and unit prices. Note: The term is often confined to consumable supplies but may also cover fixed assets. -L- Liabilities Debts or obligations owed by one (1) entity to another entity payable in money, goods or services. -M- Major Fund GASB Statement No. 34 sets forth minimum criteria (percentage of assets/deferred outflows, liabilities/deferred inflows, revenues or expenditures/expenses of either fund category for the governmental and enterprise, combined, or funds that management deems of public importance) for the determination of major funds. 428 Mill A taxation unit equal to $1 of tax obligation for every $1,000 of assessed property value. Millage The total tax obligation per $1,000 of assessed property value. Mission Statement The statement that identifies the particular purpose and function of a department. -N- Net Position Excess of the City's assets and deferred outflows over its liabilities. Non -Departmental Activities, revenues and expenditures that are not assigned to a department. NPDES National Pollutant Discharge Elimination System -0- Objective Something to be accomplished in specific, well-defined and measurable terms and that is achievable within a specific time frame. Operating idget A budget for general revenues and expenditures such as salaries, utilities and supplies. Ordinance A formal legislative enactment by the City Commission. -P- Pay-as-Your lancing A method of paying for capital projects that relies on current tax and grant revenues rather than on debt. Performance Budget A budget wherein expenditures are based primarily upon measurable performance of activities and work programs. Performance Workload Indicators Data collected to determine the amount of work completed. Performance Measures Data collected to determine how effective and/or efficient a program is in achieving its goals and objectives. Police Education Fund A special revenue fund used to account for revenues pursuant to Florida Statute 943.25 which allows municipalities to collect two dollars ($2.00) from each traffic citation for the purpose of criminal justice education and training for police officers. Police Off -duty Services Fund A special revenue fund used to account for revenues and expenditures associated with services provided by off -duty police officers in private customer details to the various businesses and condominium associations. This fund was dissolved during FY 2022/23 and combined with and accounted for currently in the General Fund. Property Tax A tax levied on the assessed value of real and personal property. This tax is also known as ad valorem tax. Proprietary Fund Enterprise and internal service funds that are similar to corporate funds, in that they are related to assets, liabilities, equities, revenues, expenses and transfers determined by business or quasi -business activities. Note: The Stormwater Utility Fund is an example of this type of fund. Part Time -R- Reserves The City's current year budgeted funds that are not planned to be expended. These reserves may "carryover" into the available fund balance of subsequent years. Resolution A legislative act by the City Commission with less legal formality than an ordinance. 430 Revenues Increases in governmental fund type net current assets from other than expenditure refunds and residual equity transfers. Rolled -Back Rate The operating millage rate required to raise the same ad valorem tax revenues as were levied in a prior year, exclusive of new construction, additions to structures, deletions and property added (e.g., annexations). -S- Sales Tax Tax imposed on the purchase of goods and services. ,pecial Revenue Fund A fund used to account for the proceeds of specific revenue sources that are legally restricted to expenditure for specified purposes. Stormwater Utility Fund This fund is used to account for revenues and expenditures specifically earmarked for the construction and maintenance of the City's stormwater drainage system. SFWMD South Florida Water Management District -T- Taxable Assessed Value ("TAV") The assessed value less homestead and other exemptions, if applicable. Compulsory charges levied by a government for the purpose of financing services performed for the common benefit. This term does not include specific charges made against particular persons or property for current or permanent benefits such as special assessments. Transportation and Street Maintenance Fund A special revenue fund to account for restricted revenues and expenditures which by Florida Statutes are designated for street maintenance and construction costs. Trust and Agency Funds These funds are used to account for assets held by the City in a trustee capacity or as an agent for individuals, private organizations, other governments and/or other funds. Truth in Millage ("TRIM") The Florida Truth in Millage Act ("TRIM") serves to formalize the property tax levying process by requiring a specific method of tax rate calculation form of notice, public hearing requirements and advertisement specifications prior to the adoption of a budget tax rate. The effect of TRIM is to inform taxpayers that their property taxes are changing (up or down), the cause (a change in the assessed value of their property and/or an increase in the proposed spending level) and how the proposed new tax rate compares to the rate that would generate the same property tax dollars as the current year (the "rolled - back" rate). -U- Unencumberec The portion of an allotment not yet expended or encumbered. Useful Life The period of time that a fixed asset is expected to operate. This can refer to a budgeted period of time for an equipment class or the actual amount of time for a particular item. User Charges or Fees The payment of a fee for direct receipt of public service by the party benefiting from the service. Utility Service Tax Taxes levied on consumer consumption of utility services provided in the City. The tax is levied as a percentage of gross receipts. The rest of this page has intentionally been left blank .,rya City of Aventura Operating and Capital Budget Fiscal Year 2026/27 This page has intentionally been left blank 433 AVrio-:. 19200 \'Vest Country Club Drive Aventura, Florida 33180 Phone: 305-466-8920 Fax: 305-466-8939 cit