In accordance with the Charter of the City of Sunny Isles Beach, I am pleased to submit this Budget for the fiscal year 2007/2008.
The City of Sunny Isles Beach is a vibrant and fast-growing community. Redevelopment continues at a rapid pace. We are continuing to invest in the infrastructure of the city to keep pace, and we are also improving and expanding our range of municipal services.
Thanks to the robust growth of our tax base, and our ongoing efforts to restrain spending, we are in a rare and extremely enviable tax position. We can now fund our immediate service needs, and continue our essential long-term Capital Improvement Program, and still provide residents with a significant reduction in the tax rate.