curlyphries
Pa Mi Gente Español
Budget

City of Brownsville FY 2016 Adopted Budget

original file: 2016 Adopted Budget (PDF)
Brownsville

Open the original document

AI-generated summary — always verify against the original document above.

What is this?

The City of Brownsville’s FY 2016 budget, adopted on September 14 2015, outlines a $98.8‑million General Fund balanced between revenues and expenditures. Property taxes are raised by $968,399 (2.36%) to a rate of $0.700613 per $100 valuation, with $871,153 coming from new property additions. Sales tax revenue is increased by $548,202 (2%). Total debt secured by property taxes is $139,929,405. The budget projects an unassigned fund balance of $10,017,157 (about 10.14% of expenditures) and total city expenditures of $93,548,665 for the year.

Key figures

Property tax revenue increase $968,399 (2.36%)
Revenue from new property additions $871,153
Property tax rate $0.700613 per $100 valuation
Total debt secured by property taxes $139,929,405
General Fund total budget (revenues + expenditures) $98,812,938
Projected unassigned fund balance at FY end $10,017,157 (10.14% of expenditures)
Sales tax revenue increase $548,202 (2%)
Total city expenditures FY 2016 $93,548,665
Generated by gpt-oss:120b