The FY 2021‑2022 City Budget outlines South Padre Island’s expected revenues and expenditures. It keeps the property tax rate at $0.313740 per $100, projects $2.92 million in sales tax, $9.30 million from hotel occupancy taxes, and $2.26 million each from the Beach Nourishment and State Occupancy taxes. Total city payroll is budgeted at $13.28 million (with $9.33 million in the General Fund). A 3 % cost‑of‑living adjustment adds about $280 k to costs. Debt service for the year totals $2.21 million. The budget includes specific line‑items for departments such as Police, Fire, Public Works, IT, and special projects, and notes a $1.7 million reduction in CARES Act grant funding.
| Property tax rate | $0.313740 per $100 |
| Projected sales tax revenue | $2,920,706 |
| Hotel occupancy tax revenue | $9,295,551 |
| Total city payroll cost | $13,283,000 (General Fund $9,326,000) |
| Debt service payments | $2,207,938 |
| Transportation Fund expected revenue | ≈ $2,200,000 (state/federal) + $170,250 (local contributions) |
| CARES Act grant net change | Decrease of $1,700,000 |