FY 2021 Operating Budget
Annual Budget 2020-2021 Presented to City Council September 14, 2020 City of Aransas Pass, Texas Pass, Aransas of City CITY OF ARANSAS PASS, TEXAS FY 2020-2021 ANNUAL BUDGET CITY OF ARANSAS PASS ANNUAL OPERATING BUDGET FOR FISCAL YEAR 2020-2021 This budget will raise more total property taxes than last year’s budget by an amount of $473,814 (General Fund $289,0217 and Debt Service Fund $184,787), which is a 10.81% increase from last year’s budget. The property tax revenues to be raised from new property added to the tax roll this year is $278,536. City Council Recorded Vote The recoded vote for each member of the governing body voted by name voting on the adoption of the Fiscal Year 2020 (FY 2020) budget as follows: September 14, 2020 Ram Gomez, Mayor Jan Moore, Mayor Pro Tem Billy Ellis, Councilman Carrie Scruggs, Councilwoman Vick Abrego, Councilwoman Tax Rate Adopted FY 19-20 Adopted FY 20-21 Property Tax Rate $0.799194 $0.799194 No-New-Revenue Tax Rate $0.715601 $0.764378 NNR M&O Tax Rate $0.451317 $0.466606 Voter Approval Tax Rate $0.799194 $0.818847 Debt Rate $0.311772 $0.314914 At the end of FY 2020, the total debt obligation (outstanding principal) for the City of Aransas Pass secured by property taxes is $11,870,000. More information regarding the City’s debt obligation, including payment requirements for current and future years, can be found in the Debt Service Funds section of the budget document. i CITY OF ARANSAS PASS, TEXAS FY 2020-2021 ANNUAL BUDGET ii CITY OF ARANSAS PASS, TEXAS FY 2020-2021 ANNUAL BUDGET TABLE OF CONTENTS
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