HomeMy WebLinkAbout(2) FISCAL YEAR 2017-2018 BUDGET PUBLIC HEARING DERRICK FORD FREEMAN,MAYOR ---J BRIAN McDOUGAL
CAL J.JONES,MAYOR PRO TEM City of CITY MANAGER
COUNCIL MEMBERS: SHERRI BELLARD,TRMC
RAYMOND SCOTT,JR. - - CITY SECRETARY
THOMAS J. KINLAW, III % ort rth IL I'
HAROLD DOUCET,SR. VAL TIZENO
WILLIE"BAE" LEWIS,JR. Texas CITY ATTORNEY
OSMAN SWATI
CHARLOTTE MOSES
KAPRINA FRANK
NOTICE OF A PUBLIC HEARING
OF
THE CITY COUNCIL
Notice is hereby given that a Public Hearing of the City Council of the City
of Port Arthur will be held on Tuesday, September 12, 2017 at 6:00 p.m.,
in the City Council Chamber, Fifth Floor, City Hall, 444 Fourth Street,
Port Arthur, Texas, for the purpose of hearing all persons interested in
the Proposed Budget for the City of Port Arthur and the Port Arthur Section 4A
Economic Development Corporation for the fiscal year beginning October 1, 2017
and ending September 30, 2018. This budget will raise more total
property taxes than the last year's budget by $321,100 or
1.71%, and of that amount, $156,946 is tax revenue to be
raised from new property added to the tax roll this year.
A copy of a summary of the proposed operating budgets for the 2017-2018 fiscal
year is attached hereto and made a part hereof as Exhibit "A". Citizens shall have
the opportunity to provide written and oral comments and to ask questions
concerning the entire budget.
P.O.BOX 1089'PORT ARTHUR.TEXAS 77641-1089 .409/983-81 15 FAX FAX 409/983-8128' www.portarthur.net
A copy of the Proposed Budget will be presented at the Public Hearing and
can now be examined at City Hall in the office of the City Secretary and at the Port
Arthur Public Library, 4615 9th Avenue, Port Arthur, Texas. The City of Port
Arthur encourages all citizens to review the budget and be present and participate
in the Public Hearing.
_
Sherri Bellard
City Secretary
Publication Date: Friday, September 1, 2017
CITY OF PORT ARTHUR,TX EXHIBIT "A"
AND THE
CITY OF PORT ARTHUR SECTION A
ECONOMIC DEVELOPMENT CORPORATION
PROPOSED BUDGET
FISCAL YEAR 2017-2018
This budget will raise more total property taxes than last
year's budget by $321 ,100 or 1 .71%, and of that amount,
$156,946 is tax revenue to be raised from new property
added to the tax roll this year.
Revenues Expenditures
GOVERNMENTAL FUNDS
General Fund $ 71,021,805 $ 72,708,577 $ (1,686,772)
Debt Service Fund 9,116,438 9,314,830 (198,392)
GOVERNMENTAL FUNDS 80,138,243 82,023,407 (1,885,164)
ENTERPRISE FUNDS
Water and Sewer Fund 24,015,200 25,670,498 (1,655,298)
Solid Waste Fund 7,897,900 8,768,857 (870,957)
Pleasure Island Fund 1,031,000 966,703 64,297
ENTERPRISE FUNDS 32,944,100 35,406,058 (2,461,958)
INTERNAL SERVICE FUNDS
Capital Reserve Fund 2,689,091 3,675,667 (986,576)
Hospitalization Insurance Fund 10,881,000 10,690,600 190,400
Worker's Compensation Fund 1,500,000 855,000 645,000
Other Employee Benefits Fund 1,656,000 636,000 1,020,000
General Liability Insurance Fund - 1,586,715 (1,586,715)
INTERNAL SERVICE FUNDS 16,726,091 17,443,982 (717,891)
SPECIAL REVENUE FUNDS
Capital Improvement Fund 8,837,560 17,081,500 (8,243,940)
Transit Fund 12,133,855 12,051,182 82,673
Hotel Occupancy Tax Fund 1,205,200 1,210,936 (5,736)
Library Special Fund 2,520 - 2,520
Police Special Fund 20,050 210,000 (189,950)
Commercial Traffic Enforcement 20,000 29,450 (9,450)
Golf Course Fund 60,000 135,000 (75,000)
Municipal Court
Technology Fund 38,010 6,000 32,010
EDC Street Maintenance Fund 1,078,800 2,136,500 (1,057,700)
SPECIAL REVENUE FUNDS 23,395,995 32,860,568 (9,464,573)
ALL OPERATING FUNDS $ 153,204,429 $ 167,734,015 $ (14,529,586)
Economic Development Corporation $ 3,640,984 $ 6,966,678 $ (3,325,694)