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Annual financial report

South Padre Island 2023‑24 Popular Annual Financial Report Summary

original file: PAFR 2023-24
South Padre Island

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What is this?

The Popular Annual Financial Report (PAFR) for South Padre Island covers the fiscal year Oct 1 2023 through Sep 30 2024. It is a short, reader‑friendly version of the city’s audited Comprehensive Financial Report. The document lists the city’s recent awards, describes major projects (beach restoration, tourism initiatives, public safety purchases, and road work), and shows the headline dollar amounts for those projects and key activities.

Key figures

Dune restoration project total $400,000
Grant‑funded beach access improvements $890,000
Hotel rooms nights booked 38,435
Police department vehicle purchase $287,800
Police equipment (weapons, vests, body cams) $70,000
Laguna Boulevard construction cost $6.5 million
Savings from in‑house engineering for Laguna Blvd $478,000
American Rescue Plan grant for infrastructure $1.5 million
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