Tequesta Reports Strong 2026 Fiscal Year-End Financials
The Village of Tequesta concluded its 2026 fiscal year with $31.0 million in cash and investments. Key funds like the General Fund showed high revenue collection and controlled spending, reflecting strong financial management.
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The Village of Tequesta concluded its 2026 fiscal year on September 30, 2026, reporting robust financial performance. The village held $31.0 million in all-funds cash and investments across nine funds. The General Fund collected 99.1% of its $20.57 million amended budget, while spending 91.1% of the $20.67 million amended budget, indicating prudent financial management.
The General Fund spent 91.2% of its $20.7 million amended budget. The Building Fund used 82.3% of its $1.42 million budget. Other funds, including Capital Improvement, Capital Projects, Water, Refuse & Recycling, Stormwater Utility, Vehicle Replacement, and Special Law Enforcement, also reported budget utilization within expected year-end ranges.
Departmental performance metrics for September 2026 show the Police Department used 88.7% of its budget. Year-to-date activity for the police included a decrease in calls for service and arrests compared to the prior fiscal year, alongside an increase in public records requests and traffic stops. The Fire Rescue Department utilized 91.0% of its budget, with a notable increase in EMS unit responses and new construction inspections year-to-date.
Public Works reported 83.7% of its budget used. Work orders and resident calls increased year-to-date, while street sign replacements and equipment maintenance decreased compared to the prior fiscal year. The village also reported nine active grants totaling $545,000 awarded, with $438,000 drawn year-to-date across four departments.
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