Management & Budget

Outlook for Key Revenues/Financing Opportunities

Fiscal Year 2027 Budget

Fiscal Year 2026 Budget

The Monroe County Board of County Commissioners met this evening to discuss, approve, and finalize the $672.7 million Fiscal Year 2026 (FY26) budget that begins Oct. 1, 2025. The budget is $43.6 million less than last year. The budget includes the Board of County Commissioners, the constitutional officers (Sheriff, Tax Collector, Property Appraiser, Supervisor of Elections, and Clerk of Court), and other appropriations for the Tourist Development Council, capital projects, and reserves. Each entity has its own independent budget within the total budget.

Monroe County Administrator Christine Hurley, Assistant Administrator Tina Boan, and Budget and Finance’s John Quinn presented the budget, including estimates of residential real estate trends, taxable property values, declining sales and bed taxes, and state-shared revenues, along with fund balances, reserves, and general fund conditions.

“Monroe County continues to deliver essential services with one of the lowest tax rates in Florida while meeting the extraordinary demands of serving our 84,000 residents, and a functional population, which is nearly double that size, that includes our 4 million visitors a year,” said Hurley. “This budget reflects efficiency cuts, strengthened reserves, and our unwavering commitment to public safety and core responsibilities that keep our island communities safe and accessible.”

The budget maintains the same countywide millage rate as last year (2.6929) and continues to generate $2 million in additional emergency disaster reserves in the event of a hurricane or other disaster. This will increase reserves to $12 million, a level that hasn’t been raised since its original implementation in 2008. The countywide mileage rate is again the lowest in the state.

Key FY26 Budget Points:

  • $15.6 million in county efficiency cuts resulting from budget roundtable meetings
  • Reduces the FY26 aggregate millage rate to 3.3567, which is .6 percent less than last year.
  • Investments in public safety:
    • Compensation increases for EMS and law enforcement personnel to attract and retain a qualified workforce
    • Construction of a new fire station on Sugarloaf Key
    • Various maintenance and improvement projects to the Monroe County Detention Center
  • Measures to improve government efficiency, being guided by the State Department of Government Efficiency (DOGE) through departmental consolidations and mergers, 45 position reductions, and cuts to non-core services.
  • The budget continues to include $1.1 million for Human Services Advisory Board funding for local nonprofit organizations. 

FY26 Ad Valorem

Fiscal Year 2025 Budget

Fiscal Year 2024 Budget

Fiscal Year 2023 Budget

Contact Us

  1. John Quinn Headshot

    John Quinn

    Director
    Email: John Quinn
    Phone: 305-292-4464

  2. Andrew Roltsch

    Administrator, Finance & Grants
    Email: Andrew Roltsch
    Phone: 305-292-4476


  1. What is a budget?
  2. How does the county track its budget?
  3. How does the county generate revenue?

Vision

Budget and Finance's vision 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 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.

The Monroe County Office of Budget and Finance provides coordination and development of the fiscal year budget. The office continues to work on receiving refunds from FEMA from the impacts of Hurricane Irma and COVID-19, while still providing for the daily operations of the department, program enhancements, and capital projects and improvements.