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The mayor on Tuesday unveiled her proposed budget for the new fiscal year and is recommending eliminating about 350 jobs, including vacancies, to help close a $400 million deficit.
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With a projected $387 million deficit looming over next year’s $3.6 billion general fund, Miami-Dade County faces its most severe budget shortfall since the 2008 financial crisis,
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Palm Beach commissioners were told the county earned a record $172 million from its nearly $5 billion-dollar portfolio in fiscal year 2023. The investment portfolio includes the controversial purchase of $700 million of Israel Bonds to support the war effort in Gaza.
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The Miami-Dade County mayor tells WLRN what she sees as the budget’s more urgent priorities and what lies ahead.