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Budget

Brownsville FY 2018 Adopted City Budget Overview

original file: 2018 Adopted Budget (PDF)
Brownsville

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What is this?

The City of Brownsville’s FY 2018 adopted budget shows a modest rise in property tax revenue, a 4.15% increase in sales tax revenue, and a balanced General Fund that uses the same property tax rate as the previous year while projecting an unassigned fund balance of about $12 million (11.4% of expenditures). Total debt secured by property taxes is $130.9 million.

Key figures

Property tax rate $0.700613 per $100 valuation
Property tax increase $1,002,103 (2.52 % increase)
Revenue from new property added $633,135
Total debt obligation secured by property taxes $130,917,552
General Fund revenues (including inter‑fund transfers) $104,149,971
General Fund expenditures $105,449,971
Projected unassigned fund balance at FY 2018 end $12,013,022 (11.39 % of expenditures)
Sales tax revenue increase $1,124,267 (4.15 % increase)
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