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HomeMy WebLinkAbout(01) PUBLIC HEARING FY 2021 - 2022 BUDET THURMAN BILL BARTIE,MAYOR RON BURTON DONALD FRANK,SR.,MAYOR PRO TEM City of -,,--=------ 1 CITY MANAGER COUNCIL MEMBERS: SHERRI BELLARD,TRMC INGRID HOLMES CITY SECRETARY CAL J.JONES or/ rthur THOMAS J.KINLAW III VAL TIZENO KENNETH MARKS Terns CITY ATTORNEY CHARLOTTE MOSES NOTICE OF A PUBLIC HEARING OF THE CITY COUNCIL otice is hereby given that a Public Hearing of the City Council of the City of Port Arthur will be held on Tuesday, August 31, 2021 at 6:00 p.m., in the City Council Chamber, Fifth Floor, City Hall, 444 Fourth Street, Port Arthur, Texas, for the purpose of considering the Budget for the City of Port Arthur and the Port Arthur Section 4A Economic Development Corporation for the fiscal year beginning October 1, 2021 and ending September 30, 2022. A copy of a summary of the proposed operating budgets for the 2021-2022 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. 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 $1,695,759 OR 7.68%, AND OF THAT AMOUNT, $534,730 IS TAX REVENUE TO BE RAISED FROM NEW PROPERTY ADDED TO THE TAX ROLL THIS YEAR. 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 and online. Kelly oore Assistant Secretary Publication Date: Friday,August 20, 2021 CITY OFANDTHE ARTHUR,TX EXHIBIT "A" CITY OF PORT ARTHUR SECTION A ECONOMIC DEVELOPMENT CORPORATION PROPOSED BUDGET FISCAL YEAR 2021-2022 Revenues Expenditures GOVERNMENTAL FUNDS General Fund $ 77,809,914 $ 85,273,546 $ (7,463,632) Debt Service Fund 11,213,420 11,532,530 (319,110) GOVERNMENTAL FUNDS 89,023,334 96,806,076 (7,782,742) ENTERPRISE FUNDS Water and Sewer Fund 30,984,000 30,759,217 224,783 Solid Waste Fund 10,510,100 10,487,716 22,384 Pleasure Island Fund 1,053,000 1,042,246 10,754 ENTERPRISE FUNDS 42,547,100 42,289,179 257,921 SPECIAL REVENUE FUNDS Transit Fund 2,926,844 2,926,844 - Hotel Occupancy Tax Fund 1,804,000 2,909,948 (1,105,948) Library Special Fund 1,700 35,000 (33,300) Police Special Fund 5,000 131,000 (126,000) Commercial Traffic Enforcement 5,000 27,100 (22,100) Golf Course Fund 50,600 100,000 (49,400) Municipal Court Technology Fund 5,500 25,000 (19,500) EDC Street Maintenance Fund - - - Regulatory Enforcement Fund 300,000 666,500 (366,500) Tax Increment Reinvestment Zone 51,300 75,000 (23,700) SPECIAL REVENUE FUNDS 5,149,944 6,896,392 (1,746,448) TOTAL OPERATING FUNDS $ 136,720,378 $ 145,991,647 $ (9,271,269) INTERNAL SERVICE FUNDS Capital Reserve Fund 5,316,000 5,801,635 (485,635) Hospitalization Insurance Fund 9,650,500 11,066,213 (1,415,713) Worker's Compensation Fund 1,051,000 670,000 381,000 Other Employee Benefits Fund 1,980,200 1,141,000 839,200 General Liability Insurance Fund 2,647,600 2,850,000 (202,400) INTERNAL SERVICE FUNDS 20,645,300 21,528,848 (883,548) TOTAL ALL FUNDS $ 157,365,678 $ 167,520,495 $ (10,154,817) CAPITAL BUDGET $ 53,252,059 $ 53,252,059 $ - Economic Development Corporation $ 6,040,275 $ 7,954,488 $ (1,914,213)