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Budget

South Padre Island FY 2020‑21 Operating Budget Overview

original file: 2020-21 Budget
South Padre Island

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What is this?

This is the proposed fiscal year 2020‑21 operating budget for the City of South Padre Island. It lists the revenue sources—property taxes, sales tax, hotel occupancy taxes, beach‑nourishment and state occupancy taxes, and special project funds—and shows how the money will be allocated to city services such as police, fire, public works, information technology, transit, capital replacements, and debt service. The budget includes total payroll costs, equipment purchases, and a $2.24 million debt‑service payment, but it does not contain a cost‑of‑living adjustment.

Key figures

Property tax rate $0.313740 per $100
Property value increase 1.27 %
Projected sales tax revenue $2,675,039
Total hotel occupancy tax revenue $8,115,280
Citywide payroll costs $12,452,039 (General Fund $8,778,226)
Debt service payments $2,235,313
CARES Act transit funding ≈ $1.1 million
Generated by gpt-oss:120b