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Government budget and revenue in Miami Beach, Florida: official figures

Miami Beach's city government took in $923.16 million in total revenue in the fiscal year ended 30 September 2023, or $11,537 for each of its 80,017 residents (2024 figure in the finance file); per resident that is the 7th highest of 582 US cities of 50,000 or more with reported figures in the 2024 Census survey.

City government revenue per resident
$11,537
2024
City government spending per resident
$11,513
2024
City long-term debt per resident
$15,675
2024

How much does Miami Beach spend and on what?

It spent $921.26 million in the same year, $11,513 per resident, the 9th highest of 582 US cities of 50,000 or more with reported figures in the 2024 Census survey. The largest identified functions were financial administration (20.6%), parks and recreation (16.1%) and police (15.4%) of the total.

Source: U.S. Census Bureau · saved copy

How much tax does Miami Beach collect per resident?

Taxes raised $521.26 million ($6,514 per resident, the 4th highest of 582) in the fiscal year ended 30 September 2023, 64.0% of general revenue, compared with 49.3% for all US city governments combined in 2022.

Source: U.S. Census Bureau · saved copy

What taxes does Miami Beach rely on?

Of Miami Beach's tax revenue in the fiscal year ended 30 September 2023, property tax made up 45.7%, general sales tax 1.0%, selective sales taxes (on utilities, fuel, alcohol, tobacco, hotels and others) 41.4%. Across all US city governments in 2022, property tax made up 48.1% and general sales tax 19.8%; Miami Beach's property tax share is the 220th lowest of 580 US cities of 50,000 or more with reported figures in the 2024 Census survey.

Source: U.S. Census Bureau · saved copy

How much federal and state money does Miami Beach get?

Payments from other governments made up 4.8% of Miami Beach's city government's general revenue in the fiscal year ended 30 September 2023: 0.9% from the federal government ($91 per resident), 2.6% from the state and 1.3% from other local governments. For all US city governments in 2022 the aid share was 24.3%.

Source: U.S. Census Bureau · saved copy

How much does Miami Beach raise from fees and utilities?

Fees and charges for services such as sewerage, trash, parks and airports brought in $183.00 million, 22.5% of general revenue (all US city governments in 2022: 20.0%). Revenue of government-owned utilities (water, electricity, gas or transit) added $108.45 million.

Source: U.S. Census Bureau · saved copy

How much does Miami Beach spend on police?

Miami Beach's city government spent $142.12 million on police in the fiscal year ended 30 September 2023, $1,776 per resident (the highest of 582) and 15.4% of its total spending; police took 10.3% of spending across all US city governments in 2022.

Source: U.S. Census Bureau · saved copy

How much does Miami Beach spend on fire protection?

Fire protection cost $47.85 million, $598 per resident, in the fiscal year ended 30 September 2023.

Source: U.S. Census Bureau · saved copy

How much debt does Miami Beach have?

At the end of the fiscal year ended 30 September 2023, Miami Beach's city government owed $1.3 billion in long-term debt, $15,675 per resident (the 6th highest of 582). During the year it issued $101.70 million of new long-term debt and repaid $20.49 million.

Source: U.S. Census Bureau · saved copy

How much does Miami Beach pay in interest on its debt?

Interest on debt cost $49.52 million in the fiscal year ended 30 September 2023, 5.4% of total spending.

Source: U.S. Census Bureau · saved copy

How has the Miami Beach city budget changed?

Between the Census survey years 2022 and 2024 (not adjusted for inflation), total revenue per resident rose 34.8% from $8,559 to $11,537, spending per resident rose 18.3% to $11,513, taxes per resident rose 31.6% to $6,514.

Source: U.S. Census Bureau · saved copy

How Miami Beach compares with other cities in the United States

City government total revenue per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))

Miami Beach ranks 8 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityCity government total revenue per resident, 2022
5Gulfport$11,741
6Santa Clara$9,717
7Santa Monica$8,672
8Miami Beach$8,559
9Palo Alto$8,404
10Chattanooga$8,241
11Flint$8,179
Source: U.S. Census Bureau · saved copy

City government total spending per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))

Miami Beach ranks 9 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityCity government total spending per resident, 2022
6Palo Alto$11,900
7Santa Clara$10,842
8Santa Monica$10,440
9Miami Beach$9,731
10Baltimore$8,631
11Hartford$8,244
12Alexandria$8,202
Source: U.S. Census Bureau · saved copy

City taxes collected per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))

Miami Beach ranks 5 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityCity taxes collected per resident, 2022
2New York$8,414
3San Francisco$6,777
4Newton$4,982
5Miami Beach$4,949
6Cambridge$4,761
7Stamford$4,634
8Alexandria$4,588
Source: U.S. Census Bureau · saved copy

City spending on police per resident, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))

Miami Beach ranks 2 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityCity spending on police per resident, 2022
1Whittier$1,555
2Miami Beach$1,469
3La Habra$1,230
4Santa Monica$1,079
5Corona$956
6Washington$943
7San Francisco$890
Source: U.S. Census Bureau · saved copy

City long-term debt outstanding per resident, end of fiscal 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))

Miami Beach ranks 9 of 731, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityCity long-term debt outstanding per resident, end of fiscal 2022
6Atlanta$15,138
7San Mateo$14,778
8Nashville$13,658
9Miami Beach$13,578
10Waco$13,237
11Denton$12,388
12Denver$11,796
Source: U.S. Census Bureau · saved copy

Property tax as a share of city tax revenue, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))

Miami Beach ranks 384 of 730, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityProperty tax as a share of city tax revenue, 2022
381Apple Valley48.3%
382Denton48.3%
383Dublin48.0%
384Miami Beach47.9%
385Provo47.9%
386Valdosta47.4%
387Huntington Beach47.3%
Source: U.S. Census Bureau · saved copy

Federal, state and local aid as a share of city general revenue, 2022 (Survey year 2022 (fiscal years ended July 2021 to June 2022))

Miami Beach ranks 576 of 730, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityFederal, state and local aid as a share of city general revenue, 2022
573Galveston10.5%
574Moore10.5%
575Yorba Linda10.4%
576Miami Beach10.4%
577Largo10.4%
578White Plains10.4%
579San Buenaventura (Ventura)10.4%
Source: U.S. Census Bureau · saved copy

City government total revenue per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))

Miami Beach ranks 7 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityCity government total revenue per resident, 2024
4New York$15,337
5Gulfport$13,483
6Santa Clara$11,999
7Miami Beach$11,537
8Flint$11,308
9Palo Alto$10,984
10Santa Monica$10,109
Source: U.S. Census Bureau · saved copy

City government total spending per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))

Miami Beach ranks 9 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityCity government total spending per resident, 2024
6Santa Clara$12,680
7Gulfport$12,337
8Santa Monica$12,333
9Miami Beach$11,513
10Hartford$10,706
11Flint$10,519
12Boston$10,128
Source: U.S. Census Bureau · saved copy

City taxes collected per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))

Miami Beach ranks 4 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityCity taxes collected per resident, 2024
1Washington$15,543
2New York$8,779
3San Francisco$7,550
4Miami Beach$6,514
5Cambridge$5,575
6Boston$5,508
7Newton$5,294
Source: U.S. Census Bureau · saved copy

City spending on police per resident, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))

Miami Beach ranks 1 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityCity spending on police per resident, 2024
1Miami Beach$1,776
2Santa Monica$1,337
3Washington$1,121
4San Francisco$1,072
5Cleveland$1,065
6Lafayette$1,029
7Newport Beach$954
Source: U.S. Census Bureau · saved copy

City long-term debt outstanding per resident, end of fiscal 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))

Miami Beach ranks 6 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityCity long-term debt outstanding per resident, end of fiscal 2024
3Atlanta$17,934
4New York$16,465
5Nashville$16,121
6Miami Beach$15,675
7Lansing$14,340
8Gainesville$13,438
9Denver$12,637
Source: U.S. Census Bureau · saved copy

Property tax as a share of city tax revenue, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))

Miami Beach ranks 361 of 580, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityProperty tax as a share of city tax revenue, 2024
358Alameda46.0%
359Redwood City45.9%
360Santee45.9%
361Miami Beach45.7%
362Largo45.6%
363Kissimmee45.6%
364New York45.1%
Source: U.S. Census Bureau · saved copy

Federal, state and local aid as a share of city general revenue, 2024 (Survey year 2024 (fiscal years ended July 2023 to June 2024))

Miami Beach ranks 557 of 582, highest first. City government only: in many cities schools, transit, water or other services are run by separate governments or the county, so totals are not like-for-like. Per resident figures use the population the Census finance file gives each government. Governments whose figures were mostly imputed by the Census Bureau are left out. The government of Washington, DC, also carries out the functions of a state.

RankCityFederal, state and local aid as a share of city general revenue, 2024
554Gulfport4.9%
555Newport Beach4.9%
556Leander4.8%
557Miami Beach4.8%
558Madison4.6%
559Burleson4.5%
560Sugar Land4.5%
Source: U.S. Census Bureau · saved copy

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Sources

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