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Beaumont Texas Form 1120-W: What You Should Know
It is a balanced Budget which is dedicated to the goals of the City of Beaumont. It is a balanced budget because it is balanced by the contributions made by the City to the State of Texas. You are responsible for ensuring that all expenditures are used for the city's benefit. As you can see in this budget, the City of Beaumont's general fund and special purpose funds are spent in a manner which allocates the public funds wisely by prioritizing the needs of the citizens. There are no unfunded and unfunded liabilities which affect or impede the execution of the city's budget. All expenditures are funded and made to assure the City of Beaumont is funded at a level which permits and provides for the necessary operations, maintenance and protection of its buildings, grounds, and facilities, services and equipment. The City of Beaumont's capital budget is based on a prudent allocation of property and equipment expenditures and is based upon projected market demand. We are making certain that we have the resources, and the means to ensure the City of Beaumont remains competitive in the world economy. Any proposed cuts to programs, departments, services, or to other city facilities will be discussed at the next City Council Budgeting meeting on Wednesday, August 14, 2018: 9:00 a.m., Room 400, City Hall, Council Chambers, Beaumont, Texas 77843. I also encourage staff throughout the city to review the budget to ensure that they understand the needs of the citizens. I encourage all citizens to review the budget, so you can understand their impact on City operations. The City of Beaumont is fortunate to be a world-class city on the cusp of the 21st century. We have chosen to be economically, environmentally, and socially resilient rather than relying solely upon our own resources. While the State of Texas does have some very generous public assistance programs such as food stamps, the amount of support for Beaumont is less than half of the costs incurred by other Texas cities. The City of Beaumont has an excellent Public Services Agency, and many public agencies are self-sustaining. The City is working diligently to improve the city's infrastructure, and in the process, has adopted a number of environmentally friendly programs. The City and Community Associations have worked hard over the past year to achieve sustainability for all citizens so that Beaumont remains financially viable over the long term.
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