Finance

The Finance Department is responsible for all accounting, budgeting, financing, purchasing and cash management activities for the City. Responsibilities also include safeguarding the City's assets, managing the City's investment portfolio, debt management, accurate and timely financial reporting, and providing financial support to all City departments and divisions.

The department also coordinates preparation of the Annual Budget, monitors budget compliance, coordinates the annual audit conducted by an outside independent audit firm, and prepares and issues the Comprehensive Annual Financial Report.

The Department consists of three strategic levels of service: Accounting, Budgeting and Purchasing.

Accounting

The responsibility of the Accounting Department is to maintain the City's financial records and prepare annual financial statements. This is done in accordance with Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) pronouncements.

The Accounting Department is also responsible for cash management and supports other City Departments by processing specialized billing, accounts payable, and other accounting services.

Budgeting

The function of the Budget Office is to plan, prepare and monitor the City's operating and capital budgets, review the efficiency of City activities and provide assistance to the City Manager and other departments in management planning and evaluation.

The Budget Office also serves as a public resource to provide information to citizens on budget issues and taxes. It prepares the Annual Operating and Capital Budgets, and the Capital Improvement Plan (6 Year CIP).

BUDGET SUMMARY FY 2025 FY 2026 % Change $ Change
Personnel
    Wages  $28,473,237  $29,653,816  4%  $1,180,579
    Benefits  $10,712,042  $12,045,190  12%  $1,333,148
Operating  $64,441,323  $66,494,929  3%  $2,053,605
Capital  $34,962,912  $46,303,642  32%  $11,340,730
Other    

 Principal, Interest & Debt Issuance  $12,134,316  $13,124,376  8%  $990,060
 Aid to Org & Economic Incentives  $715,500  $4,034,500  464%  $3,319,000
 Transfers Out  $908,637  $6,032,604  564%  $5,123,967
 Expense Subtotal  $152,347,967  $177,689,057  17%  $25,341,089
 Depreciation  $7,789,160  $8,571,360  10%  $782,200
 Elimination of Principal Debt Payments  ($4,523,750)  ($4,980,770)  10%  ($457,020)
 Elimination of Utility Capital  ($16,756,098)  ($25,068,701)  50%  ($8,312,603)
TOTAL BUDGET  $138,857,279  $156,210,946  12%  $17,353,666
  • What is the current staffing for the City?  430.35 FTEs
  • What is the current millage rate?   4.1345

City of Dunedin Millage Rate Graph

Purchasing

The Purchasing department provides an efficient and effective process for the City in meeting its procurement needs. They process the purchase of small dollar items with p-cards, incorporate technology to facilitate purchases, and coordinate contracts for high dollar or high volume purchases. They are also responsible for overseeing the City's RFP/RFQ and Bid system.

  

Financial Documents

Budget Documents

FY 2026

FY 2026 Adopted Operating & Capital Budget(PDF, 31MB)
Resolution 25-25 - Final Budget(PDF, 964KB)
Resolution 25-24 - Final Millage Rate(PDF, 183KB)
Resolution 25-22(PDF, 559KB)
Resolution 25-23(PDF, 1MB)
FY 2026 Proposed Operating & Capital Budget
Resolution 25-18 - Adopted Millage Rate(PDF, 691KB)
FY 2026 Tentative Operating & Capital Budget (PDF)(PDF, 30MB)
FY 2026 Tentative Operating & Capital Budget (Digital)

FY 2025

Resolution 25-27 - FY 2025 Final Budget Amendment(PDF, 1MB)
Resolution 25-26(PDF, 2MB)
FY 2025 Adopt Operating & Capital Budget(PDF, 37MB)
FY 2025 Proposed Operating & Capital Budget(PDF, 5MB)
Adopted Municipal Business Plan(PDF, 8MB)
FY 2024-2025 Millage Rate(PDF, 87KB)
FY 2025-2030 Municipal Business Plan(PDF, 12MB)
FY 2025 Tentative Operating Capital Budget(PDF, 5MB)
Resolution 24-15 - FY 2025 Adopt Tentative Millage Rate(PDF, 84KB)
Resolution 24-16 - FY 2025 Adopt Tentative Operating Capital Budget(PDF, 173KB)
Resolution 24-17 - FY 2025 Adopted Final Millage Rate(PDF, 104KB)
Resolution 24-18 - FY 2025 Adopted Operating & Capital Budget(PDF, 140KB)
Resolution 24-26 – Amendment to the City’s Operating and Capital Budget(PDF, 205KB)
Resolution 24-21 – Adopted FY 2025-2030 Municipal Business Plan(PDF, 105KB)
Resolution 25-07 - Amendment to the City's Operating & Capital Budget(PDF, 164KB)
Resolution 25-15 - Amendment to the City's Operating & Capital Budget (PDF, 2MB)

 

FY 2024

FY 2023

FY 2022

FY 2021

FY 2020

Annual Comprehensive Financial Report (ACFR)

Provides a complete set of financial statements presented in compliance with GAAP and audited in accordance with generally accepted auditing standards. Physical copies can be found at the Dunedin Public Library.