Florida Chief Financial Officer Blaise Ingoglia said Thursday that an analysis of the City of Miami’s budget shows it is engaging in "excessive and wasteful" spending, noting that expenditures are more than $94 million higher than what can be justified by inflation and population growth.

Speaking to reporters at a news conference in downtown Miami, Ingoglia said the city's budget had increased by more than $358 million — a 44.29% jump — since fiscal year 2019-2020. The city's current budget is roughly $1.2 billion.

He said the city’s budget increased by $15,320 for every new resident who had moved to Miami since 2020.

“Due to [the] local government’s fiscal irresponsibly, a financial burden has been placed on the shoulders of the taxpayers," Ingoglia said in a statement. "This burden mu

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