Dear Honorable Mayor and Members of the City Council: In accordance with the City of Doral Charter, the Code of Ordinances, and the laws of the State of Florida, it is my pleasure to present the City of Doral’s Adopted Operating and Capital Budget for Fiscal Year (FY) 2021 beginning October 1, 2020 and ending September 30, 2021. In light of the current COVID-19 pandemic and resulting economic crisis, the City has maintained its focus on serving the community and maintaining fiscal integrity. The FY 2021 budget aligns with the City’s adopted Strategic Plan and prioritizes the following seven strategic focus areas: Safety; Opportunity; Mobility; Play; Information and Control; Efficient and Effective Government; and Financial Planning. It also reflects the administration’s goals and expectations of exceptional services balanced with the economic effects of the COVID-19 pandemic.
STATE OF THE ECONOMY
Doral’s residential community grew 3.2% in 2019 reaching a population of 70,420, according to the Florida Bureau of Economic and Business Research. The City of Doral continues to grow even in the midst of unprecedented challenges brought on by the COVID-19 pandemic. Doral’s Planning and Zoning Department estimates that the population will near 75,000 at the end of 2020 due to the addition of more than 1,500 new residential units. Our young City is still experiencing transformative growth, with more than 25 major development projects, two new schools and the $150 million Doral Parks Bond projects underway. These projects will add a wide range of exciting new amenities, and a considerable amount of jobs, to the community at a crucial time in its history.
Despite suffering from the localized effects of a global pandemic, the City is well situated to benefit from the strong momentum attained through the first few months of 2020. Doral’s low taxes, alluring residential options and acclaimed dedication to quality of life, create an appealing balance that continues to drive growth and expansion. Though public-facing industries like retail, hospitality and tourism face serious hardships, the expanding pool of residents and workers filling in the City’s wealth of new residential and commercial offerings will bring recurring waves of incoming consumers to frequent our hardest-hit sectors in the months to come.
The key components that have served to propel Doral’s economic growth since the City’s inception are still evolving and maturing. The City’s strategic geographic location and diverse mix of essential industries are among the factors that will give Doral businesses a competitive regional advantage during this period of disruption, adaptation and ultimately recovery. Doral’s signature industrial areas, in particular, have continued to attract domestic and international attention from entrepreneurs and investors, and the unrelenting rise in demand for e-commerce, domestic manufacturing and life science facilities have offered a bright spot in the city’s economic landscape.
The City of Doral will continue to benefit greatly from close proximity to Miami International Airport (MIA) and PortMiami, the regional economic powerhouses that fuel tourism and trade in Miami-Dade County. The airport’s most recent economic impact study indicated that MIA had an annual financial impact of $31.9 billion to the region in 2019, and PortMiami’s statistics for the same year show that it was the catalyst for more than $43 billion in economic activity throughout the area. As the dominant municipal hub of the $80 billion trade and logistics industries in metropolitan Miami-Dade, Doral remains well positioned for sustained growth and enduring prosperity. In spite of the challenges that may still lie ahead, our resilient community continues to be “Doral Strong”.
Albert P. Childress
Download Adopted Budget