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HomeMy WebLinkAbout(1 & 2) PROPOSED ANNUAL BUDGET (FY 2020-2021) FOR THE CITY OF PORT ARTHUR AND EDC .1 % RON BURTON THURMAN BILL BARTIE,MAYOR Energy CHARLOTTE MOSES,MAYOR PRO TEM City of 0,) -...„----,---.7 MANAGER ikE COUNCIL MEMBERS: ' if#J SHERRI BELLARD,TRMC RAYMOND SCOTT,JR. �� r t r t h u — CITY SECRETARY CAL J.JONES THOMAS J.KINLAW III VAL TIZENO HAROLD DOUCET,SR. Texas CITY ATTORNEY 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 by Telephonic & Videoconference on Tuesday, September 1, 2020 at 6:00 p.m., for the purpose of considering the City of Port Arthur's Proposed Annual Operating Budget and Capital Improvement Program for the fiscal year beginning October 1, 2020 and ending September 30, 2021. The Port Arthur Section 4A Economic Development Corporation's Operating Budget will also be considered. The public will also be able to view the public hearing via the City's website at www.portarthurtx.gov. THIS BUDGET WILL RAISE MORE TOTAL PROPERTY TAXES THAN LAST YEAR'S BUDGET BY $635,743 OR 2.93%, AND OF THAT AMOUNT, $284,589 IS TAX REVENUE TO BE RAISED FROM NEW PROPERTY ADDED TO THE TAX ROLL THIS YEAR. A copy of a summary of the proposed budgets for the 2020-2021 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. A copy of the Proposed Budget will be presented at the Public Hearing and can also be examined online. Due to the COVID-19 Virus restrictions that prohibit public gathering at City Hall, citizens will also be able to review copies of the proposed budget by appointment at City Hall by contacting the office of the City Secretary at (409) 983-8115 and through curbside service at the Port Arthur Public Library, 4615 9th Avenue, Port Arthur, Texas. Any Person May Participate in the Public hearing and Address The City Council By Dialing One of The Following Toll Free Numbers (877) 853-5247 US Toll Free and (888) 788-0099 US Toll Free and E, i-ringThe Meeting ID: 886 8195 0577 and Participant ID: 47. 039. Jfr4• i' 1101 4111=1111*- Sherri Bellard City Secretary Publication Date: Wednesday,August 19, 2020 CITY OF PORT ARTHUR,TX AND THE CITY OF PORT ARTHUR SECTION A EXHIBIT A ECONOMIC DEVELOPMENT CORPORATION PROPOSED BUDGET FISCAL YEAR 2020-2021 Revenues Expenditures GOVERNMENTAL FUNDS General Fund $ 76,560,164 $ 83,289,126 $ (6,728,962) Debt Service Fund 10,788,213 11,615,733 (827,520) GOVERNMENTAL FUNDS 87,348,377 94,904,859 (7,556,482) ENTERPRISE FUNDS Water and Sewer Fund 28,275,003 28,181,925 93,078 Solid Waste Fund 9,870,000 9,739,886 130,114 Pleasure Island Fund 1,059,670 1,078,320 (18,650) ENTERPRISE FUNDS 39,204,673 39,000,131 204,542 SPECIAL REVENUE FUNDS Transit Fund 2,988,880 2,988,880 - Hotel Occupancy Tax Fund 1,528,000 2,090,136 (562,136) Library Special Fund 2,200 - 2,200 Police Special Fund 5,000 156,000 (151,000) Commercial Traffic Enforcement 9,000 27,100 (18,100) Golf Course Fund 50,600 50,000 600 Municipal Court Technology Fund 15,600 5,500 10,100 EDC Street Maintenance Fund 200,000 302,924 (102,924) Regulatory Enforcement Fund 300,000 310,591 (10,591) Disaster Recovery Housing Fund - - - Tax Increment Reinvestment Zone 6,400 - 6,400 SPECIAL REVENUE FUNDS 5,105,680 5,931,131 (825,451) TOTAL OPERATING FUNDS $ 131,658,730 $ 139,836,121 $ (8,177,391) INTERNAL SERVICE FUNDS Capital Reserve Fund 2,467,935 2,552,562 (84,627) Hospitalization Insurance Fund 9,455,000 10,958,468 (1,503,468) Worker's Compensation Fund 1,120,000 773,000 347,000 Other Employee Benefits Fund 1,805,000 1,038,500 766,500 General Liability Insurance Fund 2,651,600 2,413,000 238,600 INTERNAL SERVICE FUNDS 17,499,535 17,735,530 (235,995) TOTAL ALL FUNDS $ 149,158,265 $ 157,571,651 $ (8,413,386) CAPITAL BUDGET $ 64,714,470 $ 64,714,470 $ - Economic Development Corporation $ 4,977,763 $ 8,916,738 $ (3,938,975)