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Annual financial report

South Padre Island 2017 Comprehensive Annual Financial Report

original file: 2016 - 2017
South Padre Island

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What is this?

The City of South Padre Island’s Comprehensive Annual Financial Report for the fiscal year ending September 30 , 2017. It includes the city’s financial statements, audit findings, and highlights of major projects such as a new sidewalk system, venue tax, and facility improvements.

Key figures

Fiscal year end September 30, 2017
Resident population approximately 2,816 persons
City land area approximately 2.5 square miles
Venue tax rate 2 % on hotel and short‑term rental stays (approved November 2016)
Sidewalk improvement length about 4.6 miles
Sidewalk project schedule estimated completion within 14 months
Gulf Boulevard improvements length 2.5 miles
Date of transmittal letter March 1, 2018
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