Overview
The City of Okeechobee's FY2026 adopted budget calls for revenues of approximately $10,572,950 and expenditures of approximately $12,554,144, at an adopted millage of 5.9062 (4.51% above the rollback rate of 5.7030). For the audited year ended September 30, 2025, total governmental-fund revenues were $10,765,460 against expenditures of $9,422,100, and total net position stood at $28,801,311.
At a glance
Headline budget
| FY2026 adopted revenues, all funds (approximately) | $10,572,950 |
| FY2026 adopted expenditures, all funds (approximately) | $12,554,144 |
| FY2026 adopted expenditures less revenues (approximately) | $1,981,194 |
| FY2026 adopted millage | 5.9062 mills |
| FY2026 rollback rate | 5.7030 mills |
| FY2025 actual revenues, total governmental funds | $10,765,460 |
| FY2025 actual expenditures, total governmental funds | $9,422,100 |
Source: City of Okeechobee FY2025 audited financial statements.
Breakdown
FY2025 actual revenues, total governmental funds (year ended September 30, 2025):
| Taxes | $4,158,456 |
| Intergovernmental | $4,017,265 |
| Charges for services | $817,943 |
| Permits and fees | $1,204,265 |
| Fines and forfeitures | $62,629 |
| Investment earnings | $490,330 |
| Miscellaneous | $14,572 |
| Total revenues | $10,765,460 |
FY2025 actual expenditures, total governmental funds:
| General government | $1,843,732 |
| Public safety | $4,323,234 |
| Transportation | $1,596,034 |
| Physical environment | $245,341 |
| Capital outlay | $1,413,759 |
| Total expenditures | $9,422,100 |
Government-wide, FY2025: total revenues $9,259,692 against total expenses $6,699,527, an increase in net position of $2,560,165 (beginning net position $26,241,146; ending $28,801,311). The government-wide totals differ from the fund totals above because they use full-accrual accounting; the fund-statement totals are the ones tabulated.
Source: City of Okeechobee FY2025 audited financial statements.
Elected officials
Mayor Dowling R. Watford, Jr.; Vice Mayor Monica Clark; Council Members Noel Chandler, Bob Jarriel, David McAuley. City Administrator Gary Ritter; City Clerk Lane Gamiotea; Finance Director India Riedel; Chief of Police Donald Hagan.
Sources & notes
- Only source used: City of Okeechobee, Florida, Financial Statements, September 30, 2025 (Florida Auditor General municipal e-file; auditor's report dated April 29, 2026, Melbourne, Florida).
- Sum checks: FY2025 fund revenues exact ($4,158,456 + $4,017,265 + $817,943 + $1,204,265 + $62,629 + $490,330 + $14,572 = $10,765,460); FY2025 fund expenditures exact ($1,843,732 + $4,323,234 + $1,596,034 + $245,341 + $1,413,759 = $9,422,100); net position exact ($26,241,146 + $2,560,165 = $28,801,311). The audit opinion on the basic financial statements is unmodified (“present fairly, in all material respects”).
- Flags: the FY2026 adopted revenue and expenditure figures are the audit's rounded “approximately” figures, so the $1,981,194 gap between them is approximate too; the audit attributes the revenue decrease mainly to a $2,470,246 expected decrease in grant revenue. A General Fund–only split is NOT tabulated: the fund-statement extraction misaligns the fund columns (the General Fund column renders blank while the totals sum exactly), so only the verified totals are used. This page is the City of Okeechobee only; Okeechobee County is a separate government and is not built in this run.
- Jurisdiction palette: no verified Florida jurisdiction palette was on file, so this page uses the neutral Hometown Numbers dark-glass theme rather than a jurisdiction color.