Loading...
HomeMy WebLinkAboutBUDGET PUBLIC HEARING DELORIS "BOBBIE" PRINCE, MAYOR \ STEPHEN FITZGIBBONS MORRIS ALBRIGHT, 1I1, MAYOR PRO TEM CITY MANAGER COUNCIL MEMBERS: City of " ., 7 TERRI HANKS RAYMOND SCOTT, JR. \ )\ CITY SECRETARY ELIZABETH "LIZ" SEGLER / / i MARTIN FLOOD VALECIA R. TIZENO JOHN BEARD, JR. O 2t xa s KERRY "TWIN" THOMAS NOTICE OF UBLIC HEARING OF THE CITY COUNCIL N otice is hereby given that a Public Hearing of the City Council of the City of Port Arthur will be held on Tuesday, August 23, 2011 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, 2011 and ending September 30, 2012. A copy of a summary of the proposed operating budgets for the 2011 -2012 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 now be examined at City Hall in the office of the City Secretary and at the Port Arthur Public Library, 4615 9 Avenue, Port Arthur, Texas. C:=3Y Sherri Bellard Acting City Secretary Publication Date: August 7, 2011 Exhibit A CITY OF PORT ARTHUR TEXAS and THE CITY OF PORT ARTHUR SECTION 4A ECONOMIC DEVELOPMENT CORPORATION PROPOSED BUDGET FISCAL YEAR 2011 -2012 This budget will raise more total property taxes than last year's budget by $361,179, 2.18 %, and of that amount $390,835 is tax revenue to be raised from new property added to the tax roll this year. Revenues Expenditures General Fund $ 56,402,284 $ 56,767,258 Debt Service Fund 8,876,897 8,837,954 Water and Sewer Fund 17,554,000 20,007,123 Solid Waste Fund 7,300,000 7,096,616 Transit Fund 3,367,885 3,439,234 Equipment Replacement Fund 1,522,628 2,288,327 Hospitalization Insurance Fund 9,686,000 9,651,691 Worker's Compensation Fund 801,200 1,137,000 Employee Benefits Fund 617,600 682,500 General Liability Fund 2,065,000 2,054,955 Hotel Occupancy Tax Fund 851,400 804,136 Library Special Fund 1,950 10,000 Police Special Fund 44,000 15,000 Commercial Traffic Enforcement Fund 61,000 95,708 Golf Course Fund 4,300 50,000 Municipal Court Technology Fund 65,300 103,000 Economic Development Corporation 4,155,000 5,982,178 S: \Finance\(1) 2012 BudgetWttachments - PH Resolution and Budget Ordinance.xlsx