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Budget

South Padre Island FY 2019‑20 City Budget Overview

original file: 2019-20 Budget
South Padre Island

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What is this?

The 2019‑2020 City Budget for South Padre Island lays out the anticipated revenues and spending for the fiscal year. It shows how much money the city expects to collect from property taxes, sales taxes, hotel occupancy taxes and other sources, and how those funds will be allocated to services such as public safety, parks, beach maintenance, transportation, marketing, debt service and capital projects. The budget also includes a modest cost‑of‑living raise for city employees, higher health‑insurance costs, new equipment purchases, and projected debt‑service payments.

Key figures

Property tax rate $0.315640 per $100
Property value increase 3.33%
Sales tax revenue $2,612,466 (up $117,935, 4.7%)
Hotel/Motel and Convention Centre tax revenue $8,642,810 (incluye $8,280,810 de ocupación hotelera)
Debt service payments $2,240,513
City marketing budget $3,700,000 total, $2,653,650 for media placement
Cost‑of‑living adjustment for employees $64,000 total ($37,000 public safety, $27,000 other departments)
Beach Maintenance Fund revenue $517,551
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