How Palmetto Bay is run

Who runs Palmetto Bay, what it costs, and where your money goes

The city manager, council pay, the budget, your property tax bill and who provides each service, from Palmetto Bay's own public documents. Every number links to its source and says which year it describes. Checked Oct 10, 2026.

Who runs Palmetto Bay

A city manager hired by the council runs the city day to day. The council sets policy, adopts the budget and sets the tax rate.

Village of Palmetto Bay · Mar 27, 2026

What they are paid

City manager Nick Marano: pay as of 2020$175,0002020-10-26. Salary set in the October 2020 contract. The contract gives the manager the same cost-of-living raises as other village employees and allows merit raises at yearly reviews. Its term was three years. We found no later document stating his current salary. Village of Palmetto Bay · Oct 26, 2020
In the contract
  • Village puts 6% of salary into a 401(a) retirement plan, plus a match of up to 6% more
  • Another 6% of salary as 457 deferred compensation
  • $550 a month car allowance and a village cell phone
  • Village-paid medical, dental and vision insurance for him and his family, plus life and disability insurance
  • If let go without cause: payout of up to 240 hours of unused paid time off
  • Unless fired for cause: one year of medical insurance after leaving for each two full years of service
A council member$12,000 a yearFY2026-27. The charter sets council pay at $1,000 a month, changed only by charter amendment. The budget shows $72,000 a year in council salaries. Village of Palmetto Bay
The mayor$24,000 a yearFY2026-27. The charter sets the mayor's pay at $2,000 a month. Village of Palmetto Bay
Council benefits
  • Council health allowance budget: $87,000 for the five members (FY2027 proposed)
  • Council retirement contributions budget: $11,376 (FY2027 proposed)

Palmetto Bay city staff

63 full-time-equivalent positions, including Parks and recreation 14, Public works 14. FY2026-27. Full-time village positions in the FY2027 proposed budget, plus 22 part-time. Another 50 full-time contract positions, 49 of them Sheriff's Office police in the village's district, are not village employees. Village of Palmetto Bay · Sep 1, 2026

Florida has no statewide pay database. The budget lists positions by department but no salaries. The manager's salary is in his posted 2020 contract. We name pay only for elected officials and the city manager.

Is Palmetto Bay in the red?

Cities must pass a balanced budget, so "profit" and "deficit" mean something different here. The useful questions: does the city's everyday money (the general fund) cover its everyday costs, how much does it keep in savings compared with its own target, and how big are its pension and debt bills.

General fund, FY2026-27$24.7MOut of $39M across all city funds, which includes utilities and other money that can only be spent on one thing. Village of Palmetto Bay · Sep 23, 2026
Savings grew, FY2025 (audited)+$1.2MGeneral fund revenue $22.9M, spending $21.5M. Took in $1.4M more than it spent, mainly from property taxes. After a $200,000 transfer to the transportation fund, the fund balance rose $1.2M. Village of Palmetto Bay · Mar 27, 2026

The city's own outlook

The proposed FY2027 budget uses $871,176 of unassigned fund balance to balance the general fund. It projects unassigned general fund balance falling from an estimated $7.6M at the end of FY2026 to $6.3M at the end of FY2027. The audited report says $3,352,513 of new FY2026 funding for capital projects and transfers lowers the estimated general fund balance to $10,484,217. Village of Palmetto Bay · Sep 1, 2026

Savings against the city's own target

Unassigned general fund balance: $9.3M (2025-09-30). The city's own target: Keep at least $4,700,000 in fund balance for disasters, unexpected one-time costs or uses the council approves. The village holds this amount as assigned fund balance, separate from the unassigned balance. Village of Palmetto Bay · Mar 27, 2026

Pension promises not yet funded$0(2025-09-30). Village of Palmetto Bay · Mar 27, 2026
Debt owed$8.3MRevenue bonds of 2021 $7.5M (refinanced the 2010 bonds), a promissory note for the library building $471,071, and $348,502 of stormwater bonds owed to Miami-Dade County. 2025-09-30. Village of Palmetto Bay · Mar 27, 2026
Credit ratingAAA (S&P) on the Series 2021A revenue bonds, stable outlookFY2025. Village of Palmetto Bay · Mar 27, 2026

Why we skip the "budgeted deficit": many cities plan to dip into savings, then spend less than planned. The audited result tells you what really happened.

Where the money comes from and goes

The general fund only: the city's everyday money for FY2026-27 (proposed).

Comes from

  • Property taxes$11.6M · 47%
  • Utility taxes$3.8M · 15%
  • State and county shared revenue$3.7M · 15%
  • Franchise fees (electric)$2.4M · 10%
  • Charges for services (parks, rentals, passports)$1.1M · 4%
  • Use of savings (unassigned fund balance)$871,176 · 4%
  • Other (permits, fines, interest, miscellaneous)$1.1M · 5%

Village of Palmetto Bay · Sep 1, 2026

Goes to (FY2026-27 (proposed))

  • Police (Miami-Dade Sheriff's Office contract)$12.6M · 51%
  • Parks and recreation$3.9M · 16%
  • General government (non-departmental)$2.1M · 9%
  • Planning and zoning$889,355 · 4%
  • Human resources and communications$877,304 · 4%
  • Debt service$751,267 · 3%
  • Other offices (council, manager, clerk, attorney, finance, IT, facilities)$3.4M · 14%

Village of Palmetto Bay · Sep 1, 2026

Your property tax bill: who gets it

Of each property-tax dollar a Palmetto Bay homeowner pays, about 13 cents goes to the village. For FY2026-27 the village proposed 2.3500 mills, and the council raised the tentative rate to 2.3890 mills at the first hearing, 9.98% above the rolled-back rate of 2.1722.

13¢

of each property-tax dollar goes to the city of Palmetto Bay

  • Miami-Dade County School BoardOperating 5.4990, voter-approved operating 1.0000, debt 0.13406.633 · 38%
  • Miami-Dade CountyOperating 4.5740 plus debt 0.41714.9911 · 29%
  • Miami-Dade Fire Rescue district2.3965 · 14%
  • Village of Palmetto Bay2.3018 · 13%
  • The Children's Trust0.4638 · 3%
  • Miami-Dade library district0.2812 · 2%
  • South Florida Water Management District (incl. Everglades and Okeechobee Basin levies)0.2301 · 1%
  • Florida Inland Navigation District0.027 · <1%
  • Total (mills)17.3245

2025 tax year (FY2025-26) rates for a home in the Village of Palmetto Bay (Miami-Dade County). Miami-Dade County Property Appraiser

See what a Palmetto Bay home costs each year, line by line →

Who provides your services

Not everything in Palmetto Bay is run by the city. Who provides a service decides whose budget pays for it and whose election decides it.

Compared with similar cities

The cities in this state closest in population that we cover. Read it for scale, not as a ranking: cities provide different services.

DebaryFLPalmetto BayFLEdgewaterFLKey WestFL
Residents24,52925,21725,65526,526
Top administrator's base pay$235,108Not current (2020)$185,000$265,000
Council member pay$9,849$12,000$18,000Not confirmed
General fund per resident$1,021$979$1,654$3,904
Debt per resident$88$330$1,246$201
Unfunded pension per resident$0$0$302$279
City staff per 1,000 residents2.12.59.020.2

Figures as shown in each city's section, divided by its population. Years differ by state, and pension figures are measured differently in each state (each city page says how). Debary and Palmetto Bay pays another agency for police or fire, so its own staff count is lower.

What Palmetto Bay publishes

What a resident can find online today. A "no" is something you can ask the council to publish.

  • Yes: Audited financial report filed on timeFY2025 audit report dated March 27, 2026, ahead of the June 30 state deadline, posted on the Florida Auditor General site. Florida Auditor General
  • Partly: Adopted budget posted onlineThe FY2027 proposed budget book is on the Budgets page. The final adopted FY2027 book was not yet posted; FY2026 adopted is. Village of Palmetto Bay
  • Yes: Council votes recorded member by member online Village of Palmetto Bay · Sep 23, 2026
  • Yes: Meeting videos and minutes onlineMeeting Central offers live and past meeting videos, agendas, packets and minutes. Minutes appear in later meeting packets. Village of Palmetto Bay
  • Yes: Council pay stated in a public documentThe charter sets $1,000 a month for council members and $2,000 for the mayor; the budget shows $72,000 in council salaries. Village of Palmetto Bay
  • No: Employee pay publishedThe budget lists positions by department but no salaries. We found no village pay list. Florida has no statewide database. Village of Palmetto Bay · Sep 1, 2026

Questions to ask your council

  1. Police services cost $12.6 million of the $24.7 million tentative FY2027 general fund. What is the village doing to control the Sheriff's Office contract cost?
  2. The FY2027 budget draws on unassigned savings, which were $9.3 million on September 30, 2025 and are projected at $6.3 million by the end of FY2026-27. What level does the council want to keep?
  3. The council raised the tentative FY2027 tax rate from the proposed 2.3500 mills to 2.3890 mills to fund added projects. Which projects does the extra revenue pay for?

See who is running for council

Help decide what comes next

What do you want to know about Palmetto Bay next?

One tap, no sign-in. We count answers; we never show who chose what.

Every number here was checked by hand against the linked document. Cities publish on different schedules, so years differ between sections; each figure says which year it describes. Spotted something wrong or out of date?

See something wrong? Report an error

Something wrong or missing? Tell us what and where, with a link to a source if you have one. Reports feed the next verification run.