This document is the City of South Padre Island’s Comprehensive Annual Financial Report (CAFR) for the fiscal year that ended on September 30 , 2015. It bundles the independent auditor’s opinion, management’s discussion, the full set of basic financial statements (government‑wide and fund‑level), required supplemental schedules, statistical data, and compliance reports. The report also highlights major city projects completed or underway in 2015, such as Gulf Boulevard street improvements, a $3 million convention‑center upgrade, beach renourishment, a new multimodal transportation hub, and the start of a community‑center renovation.
| Fiscal year end | September 30 , 2015 |
| Full‑time resident population | approximately 5,900 |
| City land area | approximately 2.5 square miles |
| Annual vehicle crossings on Queen Isabella Causeway | estimated 7,800,000 per year |
| Annual visitors to the island | estimated 4.35 million |
| First phase Convention Centre upgrade cost | approximately $3 million |
| Beach renourishment sand added | over one mile of sand |
| Tax Anticipation Note issued for Gulf Boulevard Phase IV | issued during FY 2015 (amount not disclosed) |