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HomeMy WebLinkAboutPUBLIC HEARING THURMAN BILL BARTIE,MAYOR ,Enrnrr RONALD BURTON TIFFANY HAMILTON,MAYOR PRO TEM City of c+1r\ CITY MANAGER COUNCIL MEMBERS: l II` 6' SHERRI BELLARD,TRMC WILLIE BAE LEWIS,JR. u r t r t h u _ :ZTARY tc exas THOMAS KINLAW,III CITY ATTORNEY DONALD FRANK,SR. 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 Monday, August 28, 2023 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, 2023 and ending September 30, 2024. A copy of a summary of the proposed operating budgets for the 2023-2024 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. I THIS BUDGET WILL RAISE MORE TOTAL PROPERTY TAXES THAN LAST YEAR'S BUDGET BY $4,770,414 OR 22.68%, AND OF THAT AMOUNT, $453,731 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 96 Avenue, Port Arthur, exas and online. CSherri Bellard City Secretary Publication Date: Wednesday, August 16,2023 EXHIBIT A CITY OF PORT ARTHUR,TX AND THE CITY OF PORT ARTHUR SECTION A ECONOMIC DEVELOPMENT CORPORATION PROPOSED BUDGET FISCAL YEAR 2023-2024 Revenues Expenditures GOVERNMENTAL FUNDS General Fund $ 79,107,207 $ 84,939,952 $ (5,832,745) Debt Service Fund 13,894,444 13,319,444 575,000 GOVERNMENTAL FUNDS 93,001,651 98,259,396 (5,257,745) ENTERPRISE FUNDS Water and Sewer Fund 37,543,300 36,616,700 926,600 Solid Waste Fund 11,570,000 11,029,347 540,653 Pleasure Island Fund 1,218,000 1,642,625 (424,625) ENTERPRISE FUNDS 50,331,300 49,288,672 1,042,628 SPECIAL REVENUE FUNDS Transit Operating Fund 3,129,491 3,129,491 - Hotel Occupancy Tax Fund 2,025,200 2,203,777 (178,577) Library Special Fund 7,000 7,000 Police Special Fund 19,000 131,000 (112,000) Commercial Traffic Enforcement 3,500 26,500 (23,000) Golf Course Fund 68,000 100,000 (32,000) Municipal Court - Technology Fund 16,000 19,000 (3,000) Regulatory Enforcement Fund 350,000 769,075 (419,075) Tax Increment Reinvestment Zone 54,700 50,000 4,700 SPECIAL REVENUE FUNDS 5,672,891 6,428,843 (755,952) TOTAL OPERATING FUNDS $ 149,005,842 $ 153,976,911 $ (4,971,069) INTERNAL SERVICE FUNDS Capital Reserve Fund 6,614,369 6,524,369 90,000 Hospitalization Insurance Fund 12,257,480 12,996,300 (738,820) Worker's Compensation Fund 275,000 725,000 (450,000) Other Employee Benefits Fund 175,000 1,180,100 (1,005,100) General Liability Insurance Fund 3,711,000 3,600,000 111,000 INTERNAL SERVICE FUNDS 23,032,849 25,025,769 (1,992,920) " TOTAL ALL FUNDS $ 172,038,691 $ 179,002,680 $ (6,963,989) CAPITAL BUDGET $ 40,460,000 $ 40,460,000 $ - Economic Development Corporation $ 8,212,620 $ 8,789,482 $ (576,862)