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HomeMy WebLinkAbout2018-2019 BUDGET MONTHLY REPORT MAY 2019 i-ne l City of 0 rt rti u r Texas 2018-2019 Budget Monthly Report May 2019 City of Port Arthur 2018 -2019 Budget Monthly Report May 31, 2019 Highlights: General Fund Overall the General Fund revenues are approximately$1.2 million above the expected amount at this time. 96.6%of the property tax budget has been received and collections are expected to be slightly above budget by year end.Industrial payments received this fiscal year are$700,000 above the budgeted amount due to expansions at BASF and BASF TOTAL Petrochemicals(BTP). Sales tax collections continue to trend below last year as expected. Sales tax through May is 8%below last fiscal year and 2% below the current year budget. Utility franchise fees,which are made up of electric, gas,telephone and cable categories are$200,000 above budget and miscellaneous revenue including interest earnings, land sales and insurance proceeds have exceeded budgeted levels by$400,000. Operating expenditures total $38.7 million at May 31,2019. Year to date actual is below the budgeted level by$3.5 million with approximately$1 million of the savings in payroll due to 50 vacancies. Budget amendments are requested throughout the year as needed so that the amended budget column will closely reflect where we expect to be at the end of the year. Water Fund The Water Fund revenues reflect a$150,000 improvement over last month with a current budget shortfall of$850,000. However,revenues are expected to reach budgeted levels of$27.9 million by year end, due to higher revenues in the drier summer months. Water service charges received from industry continue to trend up and are currently$760,000 over budget estimates. Residential and commercial revenue is$2 . million under budget which is slightly better than last month. Water Fund operating expenses are above budget by$810,000 at May,2019. There are currently 17 vacant positions however any savings has been offset by overtime in various divisions. Customer service has exceeded budgeted levels in overtime and contract services by approximately$300,000 in order to better assist customers with billing issues. The Water Fund budget is balanced with a net budgeted revenue over expenses of$900,000. Year to date actual currently reflects a net expense over revenue of$784,000,which reflects a$300,000 improvement over April. Staff will continue to monitor the fund and work with the Water Department to develop cost cutting measures, if necessary,to bring expenses back in line with available revenues. Solid Waste Fund Solid Waste revenues are currently lagging budget by $180,000. This is mostly attributable to Landfill dumping fees which are$168,000 below the estimated amount. In FY18 we saw a significant increase in Landfill fees due to Hurricane Harvey. The revenue estimate was reduced this year to FY 16 levels with an increase of$750,000 for a new major customer. However,current revenues for the customer are still below the projection with commercial container fees currently 6%above the budgeted amount. Solid Waste Operating expenses currently are over budget by approximately$120,000. A pending budget amendment in the amount of$200,000 is expected to alleviate this overage. Staff will keep the Council updated on the efforts to keep costs in line with available revenues. Pleasure Island Fund Pleasure Island revenues are down$46,000 at this time and can be attributed to reduced rentals at the RV Park. The original expense budget was amended by a total of$358,000 to cover the bulkhead repairs at the Marina which began last year. Capital Improvement Fund This section includes street projects by district,other general improvements by type and available funding sources for each. The total street program budget is$17.7 million,with funding provided through EDC Street Maintenance, CDBG,GLO and prior year General Fund revenues. $6.7 million has been spent to date on the current listed street projects. $2.3 million of that has been spent this fiscal year leaving a balance of$11 million to complete the projects. General Improvement projects include building renovations,technology upgrades and parks&recreation renovations. Expenditures on current projects total $1.9 million with$353,000 spent this fiscal year and a balance remaining of$3.1 million. Disaster Fund At this time the Hurricane Harvey Disaster Fund has total revenues of$27.2 million and expenditures of $34 million leaving a deficit of$6.8 million. Pending reimbursements of$1.8 million will reduce this deficit to $5 million. The City continues to make every effort to capture as much Federal assistance as possible. Property insurance claims remain outstanding. GFOA Distinguished Budget Award On May 23, 2019,the City of Port Arthur received GFOA's Distinguished Budget Presentation Award for its 2018-2019 Budget. This is the second year in a row and the second time EVER for Port Arthur to receive this prestigious budget award. It reflects the commitment of the governing body and staff to meeting the, highest principles of governmental budgeting. In order to receive the budget award,the entity has to satisfy nationally recognized guidelines for effective budget presentation. Budget documents must be rated "proficient"as a policy document,a financial plan,an operations guide and a communications device. ' City of Port Arthur 2018 - 2019 Budget Monthly Report May 31,2019 Actual Actual Amended Y-T-D Y-T-D 16-17 17-18 Budget Actual Budget (unaudited) 18-19 Thru May Thru May Variance General Fund Summary Revenues Taxes Property Taxes 12,518,521 12,316,713 12,540,000 12,114,529 12,081,514 33,015 Industrial District Payments 31,221,614 30,644,284 30,100,000 30,759,585 30,075,000 684,585 Sales Tax 8,704,353 10,452,255 9,700,000 6,482,424 6,629,402 (146,978) Other Taxes 9,703,891 9,190,955 9,270,000 3,925,139 3,722,365 202,774 Total Taxes 62,148,379 62,604,207 61,610,000 53,281,677 52,508,281 773,396 Licenses and Permits 751,937 841,860 441,200 328,301 294,096 34,205 Intergovernmental Revenue 77,112 58,228 141,772 79,123 94,504 (15,381) Charges for Services 325,778 355,557 381,000 258,296 253,952 4,344 Fines and Forfeitures 824,979 850,301 935,100 699,267 623,392 75,875 Interest and Miscellaneous 1,156,481 1,283,617 527,100 714,813 351,376 363,437 Total Operating Revenues 65,284,666 65,993,770 64,036,172 55,361,477 54,125,601 1,235,876 Transfers and Other Revenues 7,881,414 7,091,869 7,091,718 4,727,812 4,727,800 12 Total Revenues 73,166,080 73,085,639 71,127,890 60,089,289 58,853,401 1,235,888 Expenditures Administration 2,138,493 1,447,224 1,905,094 779,911 1,246,703 (466,792) City Secretary 1,348,263 1,313,215 2,097,232 1,159,108 1,352,301 (193,193) City Attorney 738,309 984,382 1,127,621 718,573 723,019 (4,446) Finance 2,099,769 2,186,880 2,288,445 1,371,588 1,471,360 (99,772) Information Technology 578,506 870,033 1,747,846 929,618 1,137,883 (208,265) Human Resources 662,471 644,759 813,215 368,745 521,803 (153,058) Development Services 4,398,784 4,852,202 5,876,346 3,412,066 3,792,339 (380,273) Civic Center 788,843 653,306 872,571 528,740 565,560 (36,820) Police 19,600,635 18,314,943 20,509,145 12,541,513 13,096,024 (554,511) Fire 13,426,836 13,538,450 13,905,674 9,068,343 9,057,866 10,477 Public Works 7,147,945 7,222,861 8,574,925 4,880,516 5,546,669 (666,153) Health and Welfare 1,304,852 1,399,065 1,500,621 933,556 965,401 (31,845) Parks and Recreation 2,497,164 2,253,854 3,048,723 1,283,277 1,977,909 (694,632) Library 1,126,363 951,435 1,274,655 753,797 819,880 (66,083) Total Operating Expenditures 57,857,233 56,632,609 65,542,113 38,729,351 42,274,720 (3,545,369) Transfers and Other Expenditures $11,105,335 $11,510,853 $5,727,862 3,663,441 3,818,575 (155,134) Total Expenditures 68,962,568 68,143,462 71,269,975 42,392,792 46,093,294 (3,700,502) Net Current Activity 4,203,512 4,942,177 (142,085) 17,696,497 12,760,107 Unassigned Beginning Fund Balance 15,488,267 19,691,779 24,633,956 24,633,956 24,633,956 Unassigned Ending Fund Balance 19,691,779 24,633,956 24,491.871 42,330,453 37,394,063 City of Port Arthur 2018 - 2019 Budget Monthly Report May 31, 2019 Actual Actual Amended Y-T-D Y-T-D 16-17 17-18 Budget Actual Budget 18-19 Thru May Thru May Variance Water Fund Summary • Revenues Water Service 8,580,711 11,237,669 13,400,000 7,975,962 8,933,328 (957,366) Water Service-Industry 2,138,890 3,992,756 3,734,206 3,246,691 2,489,464 757,227 Sewer Service 6,290,565 7,191,114 9,700,000 5,468,209 6,466,664 (998,455) Other Charges for Services 441,661 202,596 196,813 389,682 131,192 258,490 Late Fees 414,171 494,418 407,525 353,555 271,680 81,875 Interest and Miscellaneous 583,422 130,709 18,436 26,422 12,288 14,134 Total Operating Revenues 18,449,420 23,249,262 27,456,980 17,460,521 18,304,616 (844,095) Transfers and Other Sources 410,000 410,000 410,000 273,333 273,328 5 Total Revenues 18,859,420 23,659,262 27,866,980 17,733.854 18,577,944 (844.090) Expenses 1251 Administration 1,935,521 839,181 1,077,727 940,219 690,410 249,809 1252 Water Purification 4,319,571 5,596,723 5,994,189 3,655,382 3,953,421 (298,039) 1253 Water Distribution 4,589,162 3,476,479 3,562,452 2,346,708 2,299,723 46,985 1254 Customer Service 1,050,636 1,194,613 1,260,503 990,841 809,034 181,807 1255 Waste Water Conveyance 4,447,481 4,002,064 4,259,332 3,286,811 2,761,807 525,004 1256 Wastewater Treatment 1,848,970 1,987,509 2,349,053 1,704,890 1,534,495 170,396 1260 Environmental Regulatory Services 1,003 441,856 619,482 338,694 400,735 (62,041) Total Operating Expenses 18,192,344 17,538,425 19,122,738 13,263,545 12,449,624 813,921 Transfers and Other Uses 5,826,579 6,954,202 7,881,201 5,254,134 5,254,134 - Total Expenses and Other Uses 24,018,923 24,492,627 27,003,939 18,517,679 17,703,758 813.921 Net Current Activity (5,159,503) (833,365) 863,041 (783,825) 874,186 Beginning Working Capital Balance (879,632) (1,202,686) 705,689 705,689 705,689 Adjustment to W/C 4,836,449 2,741,740 - - - Ending Working Capital Balance (1,202,686) 705,689 1.568,730 (78.136) 1,579.875 (As Adjusted) City of Port Arthur 2018 - 2019 Budget Monthly Report May 31, 2019 Actual Actual Amended Y-T-D Y-T-D 16-17 17-18 Budget Actual Budget (unaudited) 18-19 Thru May Thru May Variance Solid Waste Fund Summary Revenues Residential Service 4,227,946 4,158,037 4,250,000 2,737,174 2,833,328 (96,154) Commercial Containers 1,907,211 2,015,983 2,000,000 1,415,812 1,333,328 82,484 Landfill Charges 1,403,735 2,335,938 1,650,000 932,072 1,100,000 (167,928) Municipal Landfill Contracts 282,522 310,758 285,000 152,681 190,000 (37,319) Late Fees 148,629 173,293 155,000 118,009 103,328 14,681 Interest and Miscellaneous 138,232 696 - 17,274 - 17,274 Total Revenues 8,108,275 8,994,705 8,340,000 5,373,022 5,559,984 (186,962) Expenses, 1271 Trash Collection 1,318,143 1,307,401 1,259,618 839,286 806,269 33,017 1272 Residential Collection 1,476,416 936,306 1,182,920 810,221 754,866 55,355 1273 Container Service 889,661 678,516 705,923 554,586 454,670 99,916 1274 Landfill 2,524,882 2,126,943 2,393,673 1,506,697 1,573,333 (66,636) 1275 Administration 176,084 98,186 134,062 84,326 85,587 (1,261) Total Operating Expenses 6,385,186 5,147,352 5,676,196 3,795,116 3,674,726 120,390 Transfers and Other Uses 1,155,957 3,039,070 2,857,534 1,905,023 1,905,023 0 Total Expenses and Other Uses 7,541,143 8,186,422 8,533,730 5,700,139 5,579,748 120,391 Net Current Activity 567,132 808,283 (193,730) (327,117) (19,764) Beginning Working Capital Balance 1,210,795 1,777,927 2,586,210 2,586,210 2,586,210 Ending Working Capital Balance 1,777,927 2,586,210 2,392,480 2,259,093 2,566,446 Pleasure Island Summary Revenues Land Lease&Sales 492,379 594,134 547,000 365,876 364,664 1,212 Dry Storage Rentals 23,840 29,026 33,000 16,193 22,000 (5,807) RV Park 290,493 285,407 294,000 161,909 196,000 (34,091) Boat Slip Rentals 155,356 130,301 130,000 80,561 86,664 (6,103) Fuel Facility 9,891 4,343 4,000 1,477 2,664 (1,187) Total Revenues 971,959 1,043,211 1,008,000 626.016 671,992 (45.976) Expenses 1291 Administration 555,036 582,864 587,315 306,231 377,026 (70,795) 1292 RV Park 141,778 148,883 184,650 78,982 123,100 (44,118) 1293 Marina 73,740 144,007 411,100 347,237 274,067 73,170 1294 Parks 53,645 67,307 69,200 20,012 46,133_ (26,121) Total Operating Expenses 824,199 943,061 1,252,265 752,462 820,326 (67,864) Transfers and Other Uses 20,000 (65,444) 40,000 26,667 26,667 0 Total Expenses and Other Uses 844,199 877,617 1,292,265 779,129 846,993 (67,864) Net Current Activity 127,760 165,594 (284,265) (153,113) (175,001) Beginning Working Capital Balance 269.851 397,611 563,205 563,205 563,205 Ending Working Capital Balance 397,611 563.205 278,940 410,092 388,204 City of Port Arthur 2018 - 2019 Budget Monthly Report May 31, 2019 Total FY 18-19 Project To Total Revised Actual Y-T-D Date Project Capital Improvement Fund Summary Estimated Thru 9/30/18 Actual Actual Balance Street Improvements Project Cost (Unaudited) Thru May Thru May Remaining District 1 15th Street Stillwell-Vicksburg - - - - El Paso Avenue Lakeshore-Procter - - - - Nashville Street 7th-Proctor 913,290 34,781 2,600 37,381 875,909 Bluebonnet Gulfway-19th 1,328,280 1,227,575 117,927 1,345,502 (17,222) Woodworth Blvd 7th St-Thomas Blvd. 1,186,728 1,057,665 129,333 1,186,998 (270) W 7th/Ransom Howard MLK-Abe Lincoln Ave 1,468,959 1,296,648 116,035 1,412,683 56,276 W.Sth Street Foley-Joe Louis 1,254,267 294,165 532,302 826,467 427,800 Lakeshore Drive Ph 1 4186-4300 Lakeshore 555,842 199,833 360,927 560,760 (4,918) Lakeshore Drive Ph 2 12th Av-4186/4300-Stadium 723,536 - 7,800 7,800 715,736 5th Street Atlanta-Nashville 915,588 - - 915,588 6th Street Atlanta-Nashville 929,588 - - 929,588 48"Storm Sewer Reloc Gulfway-9th 125,911 125,911 - 125,911 - 12th Street 6th Ave-Woodworth 75,926 - - - 75,926 24th Street Gulf Ave to Memorial 105,071 - - - 105,071 9th Street Houston-Ft Worth 31,768 - 24,753 24,753 7,015 Marshall 10th-Gulfway 159,616 - 102,369 102,369 57,247 El Paso Ave Lakeshore-Howard 29,598 - - - 29,598 9.803.968 4.236.578 1.394.046 5.630.624 4.173.344 District 2 Williams Avenue Lakeshore-Procter 15,231 - - 15,231 15th Street Vera-Main 289,351 17,555 38,323 55,878 233,473 Carolina Ave Gulfway-Dead End 919,281 28,550 40,360 68,910 850,371 Lakeshore Dr Lakeside-Williams 587,000 - - 587,000 Lakeshore Dr • Williams-Stadium 927,000 - - 927,000 Williams Avenue Proctor-8th St - - - - 8th Street Williams-Duff 21,313 17,660 17,660 3,653 5th Street Stadium-Duff 40,519 1,138 1,138 39,381 6th Street Brazos-Duff Dr 51,612 64,546 64,546 (12,934) 2.851307 46.105 162,027 208,132 2.643,175 District 3 Ferndale Drive Highland Dr-S Park Dr 20,188 1,350 1,350 18,838 Northpark Drive W Park-Evergreen 21,420 1,350 1,350 20,070 Wilson Drive Evergreen-Highland 15,392 - - 15,392 Forest Drive Evergreen-Woodrow 344,500 - 34,127 34,127 310,373 8th Ave 32nd-Dead End 881,394 28,550 55,030 83,580 797,814 Sunken Court Ph 1/Wilson-Tyrrell 405,393 24,965 26,085 51,050 354,343 Sunken Court Ph 2/Tyrrell-Twin City Hwy 729,887 27,281 47,551 74,832 655,055 38th Street Rachel-Lansing 10,175 8,716 8,716 1,459 Forest Dr Gritting-Evergreen 51,753 - 51,753 42nd St 9th Ave-Wentworth 161,028 50,685 50,685 110,343 Evergreen Dr. North Park-Tyrrell 62,543 58,421 58,421 4,122 3rd Ave 32nd St-36th St - 67,512 67,512 (67,512) 2.703.673 83.496 348.127 431.623 2.272.050 District 4 Viterbo Road Spur 93-End 101,363 - - 101,363 Diamond Avenue 63rd St-Dead End - - - - Willow Avenue Maple-60th St 852,109 26,210 28,332 54,542 797,567 60th Street West Port Arthur-Canal 903,247 32,536 21,890 54,426 848,821 Cedar St 58th St to North End 88,142 - 53,650 53,650 34,492 64th St Garnet-W Port Arthur Rd 201,102 - 140,920 140,920 60,182 58th St Ray Ave to Cedar St 101,013 - 74,235 74,235 26,778 Pine Ave. 60th St.-Dead End 27,681 - 28,604 28,604 (923) Sharon Dr Cambridge-Queens 29,199 - 36,456 36,456 (7,257) Waco Ave Gulfway to Thomas Blvd 50,757 - 15,718 15,718 35,039 2.354.613 58,746 399.805 458,551 1.896.062 City of Port Arthur 2018 - 2019 Budget Monthly Report May 31, 2019 Total FY 18-19 Project To Total Revised Actual Y-T-D Date Project Capital Improvement Fund Summary Estimated Thru 9/30/18 Actual Actual Balance Street Improvements Project Cost (Unaudited) Thru May Thru May Remaining Total Street Improvement Projects 17,713,561 4,424,925 2,304,005 6,728,930 10,984,631 Funding Sources: EDC Street Maintenance 3,014.123 199,833 368,727 568.560 2,445,563 Community Development Block Grant(CDBG) 603,740 - - 603,740 General Land Office(GLO) 2,374,738 2,088,353 286,385 2,374,738 - General Fund and Miscellaneous 11,720,960 2,136.739 1,648,893 3.785,632 7.935,328 Total Funding Sources 17,713,561 4,424,925 2,304,005 6,728,930 10,984,631 City of Port Arthur 2018 - 2019 Budget Monthly Report May 31, 2019 Total FY 18-19 Project To Total Revised Actual Y-T-D Date Project Captial Improvement Fund Summary Estimated Thru 9/30/18 Actual Actual Balance General Improvements Project Cost (Unaudited) Thru May Thru May Remaining Building Renovation Develop Svcs Building One Stop Shop 2,650,000 101,042 343,519 444,561 2,205,439 2.650.000 101.042 343.519 444,561 2,205.439 Technology Upgrades Telephone&Infastructure 1,238,000 1,266,128 7,678 1,273,806 (35,806) Police Data Center 133,000 119,006 1,653 120,659 12,341 Network Monitoring Tools 29,000 20,909 90 20,999 8,001 Cloud-based backups 108,000 - - 108,000 Stage I ERP Replacement 80,000 - 80,000 Phase 1 Paper Digitization 150,000 - - 150,000 1,738,000 1,406.043 9,421 1.415,464 322,536 Parks&Recreation Renovations Recreation Center 230,000 - - 230,000 Mosely Pool 70,000 - - 70,000 Lakeview Pool 250,000 - - 250,000 550,000 - - - 550.000 Total General Improvement Projects 4,938,000 1,507,085 352,940 1,860,025 3,077,975 Funding Sources: Lease Proceeds(Technology) 1,223,742 1,223,742 - 1,223,742 - • General Fund and Miscellaneous 3,714,258 283,343 352,940 636.283 3,077,975 Total Funding Sources 4,938,000 1,507,085 352,940 1,860,02_5 3,077,975 City of Port Arthur 2018-2019 Budget Monthly Report May 31,2019 Actual Actual Y-T-D Actual 16-17 17-18 Actual FY17-FY19 (unaudited) Thru May Total Disaster Fund Summary Revenues FederalState Grants 10,125,000 2,375,000 70,291 12,570,291 Contributions-Donations 10,682 27,424 - 38,106 Insurance Proceeds - 10,015,834 325,313 10,341,147 Lease Proceeds - 4,283,586 - 4,283,586 Total Revenues 10,135,682 16,701,844 395,604 27,233,130 Expenditures Salaries and Benefits 3,694,644 790,262 - 4,484,906 Supplies and Materials 63,291 1,636,543 198,175 1,898,009 Maintenance 121,462 2,171,350 1,109,016 3,401,828 Contractual Services 1,082,631 14,912,079 999,870 16,994,580 Capital Outlay 1,140,878 5,505,922 564,528 7,211,328 Total Expenditures 6,102,906 25,016,156 2,871,589 33,990,651 Net Current Activity 4,032,776 (8,314,312) (2,475,985) (6,757,521) Beginning Fund Balance - 4,032,776 (4,281,536) Ending Fund Balance 4,032,776 (4,281,536) (6,757,521) Summary by Category Emergency Debris Response Equipment Vehicles Facilities Content% Other DAC At Risk Total Revenues FEMA/State S 12.500,000 S - S - $ - $ 65,476 $ - $ 4,815 S - $ - S 12,570,291 Insurance - - 1,236,997 3,314,837 1,961,008 3,808,305 20,000 - - 10,341,147 Lease Proceeds - - - 4,283,586 - - - - - 4,283,586 Donations - - - - - - 38,106 - - 38,106 Total 12,500,000 - 1,236,997 7,598,423 2,026,484 3,808,305 62,921 - - 27,233,130 Expenditures Personnel - 2,911,379 - - - - - - - 1,573,527 4,484,906 Supplies&Materials - - - - 1,898,009 - - - 1,898,009 Maintenance - - 375,344 840,162 1,339,353 506,838 340,131 - - 3,401,828 Contractual Servic 12,875,438 - - - - - 2,619,634 1,499,508 - 16,994,580 Capital Outlay - - 307,350 5,755,883 866,404 281,691 - - - 7,211,328 Total 12,875,438 2,911,379 682,694 6,596,045 2,205,757 2,686,538 2,959,765 1,499,508 1,573,527 33,990,651 Balance $ (375,438) $(2,911,379) $ 554,303 $ 1,002,378 $ (179,273) S 1,121,767 $ (2,896,844) $ (1,499,508) S (1,573,527) S (6,757,521) Reimbursements Pending FEMA PW 4129 Fire 274,025 204,732 3,274 482,031 PW 3640 Police 815,300 260,320 6,103 1,081,723 PW 1701 Debris 243,616 243,616 PW 40759 Electrical Bldg - - 6,929 - - - - 6,929 Total 243,616 1,089,325 204,732 260,320 6,929 - 9,377 - - 1,814,299 Government Finance Officers Association 203 North LaSalle Street,Suite 2700 Chicago,Illinois 60601-1210 312.977.9700 fax: 312.977.4806 FOR IMMEDIATE RELEASE May 23, 2019 For more information, contact: Technical Services Center Phone: (312) 977-9700 Fax: (312)977-4806 E-mail: budgetawards@gfoa.org (Chicago, Illinois)--Government Finance Officers Association is pleased to announce that City of Port Arthur,Texas,has received GFOA's Distinguished Budget Presentation Award for its budget. The award represents a significant achievement by the entity. It reflects the commitment of the governing body and staff to meeting the highest principles of governmental budgeting. In order to receive the budget award, the entity had to satisfy nationally recognized guidelines for effective budget presentation. These guidelines are designed to assess how well an entity's budget serves as: • a policy document • a financial plan • an operations guide • a communications device Budget documents must be rated "proficient" in all four categories, and in the fourteen mandatory criteria within those categories,to receive the award. When a Distinguished Budget Presentation Award is granted to an entity,a Certificate of Recognition for Budget Presentation is also presented to the individual(s) or department designated as being primarily responsible for having achieved the award. This has been presented to Finance Department. There are over 1,600 participants in the Budget Awards Program. The most recent Budget Award recipients, along with their corresponding budget documents, are posted quarterly on GFOA's website. Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America. Government Finance Officers Association is a major professional association servicing the needs of more than 19,000 appointed and elected local, state, and provincial-level government officials and other finance practitioners. It provides top quality publications, training programs, services, and products designed to enhance the skills and performance of those responsible for government finance policy and management. The association is headquartered in Chicago, Illinois, with offices in Washington D.C. Washington,DC Office Federal Liaison Center, 660 North Capitol Street,NW, Suite 410•Washington,DC 20001 • 202.393.8020 fax:202.393.0780 www.gfoa.org GOVERNMENT FINANCE OFFICERS ASSOCIATION Distinguished Budget Presentation Award PRESENTED TO City of Port Arthur Texas For the Fiscal Year Beginning October 1, 2018 P- 2A , ( Executive Director