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Annual financial report

South Padre Island CAFR FY 2019 (ended Sep 30 2019)

original file: 2018 - 2019
South Padre Island

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What is this?

The document is the City of South Padre Island’s Comprehensive Annual Financial Report (CAFR) for the fiscal year that ended on September 30, 2019. It contains the audited financial statements, the independent auditors’ opinion, management’s discussion and analysis, detailed fund schedules, statistical tables, and compliance reports that together show how the city’s money was collected and spent during that year.

Key figures

Fiscal year end September 30, 2019
Resident population approximately 2,888
City land area 2.5 square miles
General‑obligation bond rating AA+
Operating reserve six months
Padre Boulevard sidewalk improvement length approximately 4.6 miles
Sidewalk width six feet
Wayfinding project acceptance date October 29, 2019
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