Budget & Finance

Fiscal Year 2020

Budget workshop at Harvey Government Center

MONROE COUNTY ADOPTS MILLAGE RATE AND RECOMMENDED FISCAL YEAR 2020 BUDGET AT FINAL HEARING

The Monroe County Board of County Commissioners adopted the 2020 budget and millage rate at its final public hearing held on Wednesday, Sept. 18, 2019 at Murray Nelson Government Center in Key Largo. The budget reflects the commissioner’s direction to meet increased service demands and workload, continued Hurricane Irma recovery, infrastructure improvements, and future challenges, like climate change and sea-level rise.

The Countywide certified adopted millage rate by the BOCC for Fiscal Year 2020 is 1.66 percent above the rollback millage rate from 2.5459 to 2.5881. Per the BOCC’s authorization, a new taxing district to help fund a new hospital in the Middle Keys encompassing Mile Marker 40 and Mile Marker 65. With the new taxing district, the aggregate millage rate is 3.14 percent above the rolled-back millage rate. Ad Valorem taxes collected overall will be $94.1 million.

The $472,696,406 budget covers the Board of County Commissioners’ operating budget, capital projects, and constitutional officer’s budgets.

Within the budget, a net of an additional 11.5 new Board of County Commissioners positions were approved. Positions include assistants for the Guardian Ad Litem and Social Services, a park director and maintenance worker, a fleet mechanic, fire marshal, and two fire inspectors, four firefighter positions for Monroe County Fire Rescue’s Sugarloaf department, two fleet mechanic/generator technicians, and a safety office administrator. The Board also approved an up to 4 percent raise for County employees, which will include a cost of living increase and possible merit-based raise.

The budget goes into effect Oct. 1, 2019.

Fiscal Year 2019

This is a chart of where the money goes for Monroe County 2019 fiscal year budget

The Fiscal Year 2019 Adopted Budget Summary

Monroe County adopted the current fiscal year 2019 budget, which runs October 1, 2018 to September 30, 2019, at the Final Budget Hearing on September 10, 2018. 

The Monroe County Board of County Commissioners adopted a $411.5 million budget for Fiscal Year 2019 – $66.7 million for Capital and $344.7 million for Operating – at the Final Public Hearing in September 2018. This culminates a months-long process with five public meetings.

The adopted budget also includes $81.6 million for the Constitutional Offices (Sheriff, Clerk of Courts, Tax Collector, Property Appraiser, Supervisor of Elections and Judicial).

Vision

The vision of the Budget and Finance Department is to be a fiscally responsible, customer-focused team that is striving for excellence at all times.

We are dedicated to sustainability by managing programs, services, and their related resources as efficiently and effectively as possible and communicating the results of these efforts to the public.

Mission Statement

The mission of the Budget and Finance Department is to provide effective development and implementation of Monroe County’s budget; promote efficient, sound financial management; ensure governmental procurement regulations are followed countywide; facilitate financially responsible grant funding; and maintain the highest standards of ethics, integrity, and prudent expenditure of public funds.