The document is the City of South Padre Island’s adopted budget for fiscal year 2025‑26. It outlines how the city will raise revenue – mainly through a higher property tax rate, sales tax, hotel occupancy taxes and special funds – and how that money will be spent on services, a 3 % cost‑of‑living adjustment, IT upgrades, public safety, and debt service. It also details the projected debt payments and the amounts set aside for beach nourishment, venue projects and other special initiatives.
| Property tax increase over prior budget | $1,344,581 (13.67 % increase) |
| Property tax rate for FY 2025‑26 | $0.262159 per $100 |
| Projected sales tax revenue | $4,058,849 |
| Projected hotel occupancy tax revenue | $11,853,599 (total hotel/motel & convention center $12,549,599) |
| Beach Nourishment Fund projected revenue | $1,150,850 |
| Total debt service payments | $3,578,143 (principal $2,645,000 + interest $933,143) |
| Citywide cost‑of‑living adjustment (COLA) | $344,091 (General Fund $252,581; CVB $44,234) |