City reports $10M revenue surplus and $3M expenditure underage for fiscal year

The City of Deerfield Beach held a budget workshop on July 10, 2025, to discuss financial outcomes and projections for the upcoming fiscal year. The meeting focused on the city's revenue and expenditure performance from the previous fiscal year, highlighting a significant surplus.

During the workshop, it was noted that the city received $10 million more in revenues than initially budgeted. Additionally, expenditures were reported to be $3 million less than planned. This resulted in a total surplus of $13 million. A key question raised during the discussion was regarding the current status of this surplus and whether it would influence the budget for the upcoming fiscal year 2026.

The workshop aimed to provide clarity on these financial figures and their implications for future budgeting decisions. City officials are expected to further analyze the surplus and determine how it will be allocated in the next budget cycle. The meeting concluded with a commitment to continue evaluating the financial health of the city as they prepare for the upcoming fiscal year.