HomeMy WebLinkAbout(1) EDC BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2022 AND ENDING SEPTEMBER 30, 2023IP
THURMAN BILL BARTIE,MAYOR s RON BURTON
INGRID HOLMES,MAYOR PRO TEM City of CITY MANAGER
COUNCIL MEMBERS: SHERRI BELLARD,TRMC
CAL.JONES CITY SECRETARY
THOMAS J.KINLAW,III. n r t r t h u r
KENNETH MARKS VAL TIZENO
CHARLOTTE MOSES Texas CITY ATTORNEY
DONALD FRANK,SR.
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 Monday, August 29, 2022 at 10:00 a.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, 2022
and ending September 30, 2023. A copy of a summary of the proposed operating budgets for
the 2022-2023 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 $2,909,794 OR 13.45%, AND
OF THAT AMOUNT, $266,707 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.
Sherri Bellard, City Secretary TRMC
Publication Date: Friday, August 19, 2022
CITY OF PORT ARTHUR,TX
AND THE
CITY OF PORT ARTHUR SECTION A
ECONOMIC DEVELOPMENT CORPORATION
PROPOSED BUDGET
FISCAL YEAR 2022-2023
Revenues Expenditures
GOVERNMENTAL FUNDS
General Fund $ 75,331,426 $ 83,655,954 $ (8,324,528)
Debt Service Fund 12,776,820 13,024,461 (247,641)
GOVERNMENTAL FUNDS 88,108,246 96,680,415 (8,572,169)
ENTERPRISE FUNDS
Water and Sewer Fund 36,881,305 35,266,153 1,615,152
Solid Waste Fund 10,600,000 9,894,689 705,311
Pleasure Island Fund 1,084,000 1,052,777 31,223
ENTERPRISE FUNDS 48,565,305 46,213,619 2,351,686
SPECIAL REVENUE FUNDS
Transit Operating Fund 3,017,783 3,017,783 -
Hotel Occupancy Tax Fund 1,801,500 2,376,136 (574,636)
Library Special Fund 1,600 - 1,600
Police Special Fund 11,000 131,000 (120,000)
Commercial Traffic Enforcement 2,500 26,500 (24,000)
Golf Course Fund 55,100 50,000 5,100
Municipal Court
Technology Fund 5,100 19,000 (13,900)
Regulatory Enforcement Fund 350,000 647,100 (297,100)
Tax Increment Reinvestment Zone 54,700 60,000 (5,300)
SPECIAL REVENUE FUNDS 5,299,283 6,327,519 (1,028,236)
TOTAL OPERATING FUNDS $ 141,972,834 $ 149,221,553 $ (7,248,719)
INTERNAL SERVICE FUNDS
Capital Reserve Fund 5,372,186 5,372,186 -
Hospitalization Insurance Fund 10,261,000 11,603,500 (1,342,500)
Worker's Compensation Fund 1,007,000 805,000 202,000
Other Employee Benefits Fund 1,970,500 1,338,500 632,000
General Liability Insurance Fund 2,648,600 2,850,000 (201,400)
INTERNAL SERVICE FUNDS 21,259,286 21,969,186 (709,900)
TOTAL ALL FUNDS $ 163,232,120 $ 171,190,739 $ (7,958,619)
CAPITAL BUDGET $ 36,980,500 $ 36,980,500 $ -
Economic Development Corporation $ 8,169,164 $ 7,306,068 $ 863,096