West Palm Beach Mayor Jeri Muoio, City Commissioners, and City of West Palm Beach Chief Financial Officer Mark Parks, along with the City’s Budget Team, had a great time speaking with residents during the Community Budget Workshops which were held in July and August. Through these workshops, residents have helped us shape the budget for 2019. The budget is expected to be finalized on September 27, 2018.
How our city spends its money is important and affects us all. Just like many people have a budget at home, we make a budget here at the City to make sure we spend wisely, fairly and efficiently for the whole community. Please note the following budget hearings, which the public is encouraged to attend:
WHAT IS THE BUDGET, AND WHY SHOULD I CARE?
- 8/27/2018 (5:00 p.m.): City Commission Meeting (Note: In addition to the budget, Commissioners will also consider the Final Fire Assessment Rate Resolution. While not part of the adopted budget hearings, the fee is collected through the tax bill and is paid by every property owner.)
- 9/13/2018 (5:00 p.m.): First Public Hearing to Adopt the Tentative Budget and Millage Rate
- 9/27/18 (5:00 p.m.): Final Budget Hearing to Adopt the Proposed Budget and Millage Rate.
WHERE DOES THE CITY’S MONEY COME FROM?
- How our city spends money and sets priorities can have a big effect on our everyday lives. For example, what West Palm Beach spends on streets and sidewalks can determine how easily we get to work or whether our kids can walk to school. What our city spends on streetlights or police affects how safe we feel in our neighborhood. How we plan for our future can determine whether our city thrives or fades in the coming decades.
HOW IS THE CITY’S MONEY SPENT?
- In West Palm Beach, there’s an annual plan that lays out where money should be spent across the whole community. Where do those dollars come from? Some come from our property taxes, and the water, garbage, and utility fees we each pay. Other funds come from state and federal grants and the bonds which we, as taxpayers, pay back over time.
- Just like our personal budget, the City’s budget is divided into two types of expenses: operating and capital. For us as residents, operating expenses are the costs we pay to live—like our electric and water bills. For the City, it means paying for the services we all use like street cleaning, police and fire. It also means keeping each department and facility up and running. Capital expenses are one-time purchases or upgrades. For us as residents, this might mean buying a car or fixing up the house. For the City, it means paying for new fire stations, road development, or improving a tired out area. How the City spends money comes from decisions made by the City of West Palm Beach Mayor and City Administration, with approval from your City Commission. They make those decisions based on a number of things: The City’s long-range plans, local data, future forecasts and—most importantly—feedback from you! Your opinions are important because they listen to you throughout the year before final decisions are made. So, tell us what’s important for you, your business and your family!
Have a look at this year’s budget publications and videos.
- VIDEO: Where does the City get its money, and how are my tax dollars being spent? [Click Here]
- VIDEO: See an overview from Finance Director Mark Parks during a Special City Commission Workshop #2 on July 16, 2018: [Click Here]
- MATERIALS FROM BUDGET WORKSHOPS:
- Commission Workshop 1 – May 29, 2018 (PowerPoint) [Click Here]
- Commission Workshop 2 – July 16, 2018 (PowerPoint) [Click Here]
- Commission Workshop 3 – August 20, 2018 (PowerPoint) [Click Here]
- FY18 CWPB Complete Budget Book—This budget document provides detailed information about the City of West Palm Beach’s estimated revenues and expenditures for the ensuing fiscal year. It also serves as a work plan for the City and its departments, including a framework for setting priorities, strategic initiatives, and performance measures. Download the Complete Budget Book here! [Click Here]
- Community Workshop Budget in Brief - Published: July 23, 2018 (Booklet) [Click Here]
- Fire Assessment Fee (Booklet) [Click Here]
- Budget in Brief - Published: September 13, 2018 [Click Here]
- GUIDING DOCUMENTS WPB CONSIDERS IN DEVELOPING THE BUDGET:
- You can read about the many services provided to you by the City of West Palm Beach in the FY 2017-2018 CWPB Complete Budget Book: [Click Here]
- Contact Budget Manager Linda McDermott at (561) 822-1342.