BEHIND THE BUDGET: COMMUNITY MEETING 9.9.2026

The City of Hollywood held a community meeting on September 9, 2026, to discuss the fiscal year 2027 budget and the potential impacts of Amendment Three on local revenues. Deputy City Manager Adam Reischbeck provided a detailed overview of the city's budget process, highlighting that the total city budget exceeds $1 billion, with the general fund at approximately $436 million. Property taxes constitute the largest revenue source, accounting for 46% of the general fund, primarily funding essential services such as police, fire, parks, and infrastructure. The meeting emphasized the significant financial challenges posed by Amendment Three, which proposes to increase homestead exemptions substantially and reduce annual caps on non-homesteaded property value increases, potentially resulting in a revenue loss of over $33 million for Hollywood by fiscal year 2029. The city anticipates needing to explore budget cuts, fee increases, or a combination of both to address the shortfall, as no state revenue replacement has been proposed. Additional topics included the city's strategic initiatives, staffing changes, grant funding successes, and the importance of public engagement in the upcoming vote on Amendment Three. No specific contract awards or procurement decisions were discussed during this meeting.