curlyphries
Pa Mi Gente Español
Budget

Pharr City 2019‑2023 Five‑Year Budget Plan

original file: Five Year Plan 18 23
Pharr

Open the original document

AI-generated summary — always verify against the original document above.

What is this?

This document is the City of Pharr’s five‑year budget plan that projects revenues, expenditures and major projects for fiscal years 2019‑2023.

Key figures

Date of document issuance October 1, 2018
Forecast period Fiscal Years 2019‑2023
S&P credit rating upgrade date September 24, 2018 – rating raised to AA‑ from A+
Property tax growth (FY 2017‑2018) 2.4% (versus a 5.6% average over the prior five years)
Population growth 57,926 (2005) → 79,487 (2017), a 28% increase
Unemployment rate change 8.5% → 7.7%
Bridge excess‑revenue transfers $5.8 million (next two years), $4.5 million (FY 2017‑2018), $4.7 million (FY 2022‑2023)
Potential property‑tax increase per household (if shortfall covered by taxes) $421 → $455 in 2019
Generated by gpt-oss:120b