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Budget

Brownsville FY 2014 Adopted City Budget Summary

original file: 2014 Adopted Budget (PDF)
Brownsville

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What is this?

The City of Brownsville’s FY 2014 adopted budget shows a total of $94.6 million in both revenues (including inter‑fund transfers) and expenditures, balanced by keeping the property tax rate at $.700613 per $100 of assessed value. The budget projects an unassigned fund balance of $8.99 million (about 9.5% of spending), which is below the city’s 15% reserve target. Compared with FY 2013, total revenues fall by $1.71 million and total expenditures drop by $1.84 million, yielding an overall budget reduction of $3.45 million (‑3.5%). Property tax revenues rise by $1.73 million, while sales tax revenue grows $351,743 (1.4%).

Key figures

Total budget (revenues + transfers) $94,613,659
Property tax rate $0.700613 per $100 valuation
Projected unassigned fund balance $8,993,742 (9.51% of expenditures)
Change in total revenues vs FY 2013 -$1,710,201
Change in total expenditures vs FY 2013 -$1,842,991
Overall budget reduction (expenditures + transfers) -$3,451,171 (‑3.52%)
Increase in property tax revenue $1,729,359
Increase in sales tax revenue $351,743 (1.40%)
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