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STARTING A BUSINESS ON SOUTH PADRE ISLAND
                 For  the  most  current  and  up-to-date  revenue  figures,  labor  data  and  population
                 trends go to www.southpadreislandedc.com.  To learn more about required permits
                 and city ordinances regarding the start-up of a new business or the purchase of an
                 existing business, go to www.myspi.org or contact the City of South Padre Island
                 Development office at 956.761.8113.




                South Padre Island Economic Facts







                 GOVERNMENT
                 South Padre Island is a council-manager form of government, which consists of the
                 Mayor and five City Councilmen, all elected.  They in turn hire a City Manager.
                 The City Council meets the first and third Wednesday of each month. For more
                 information  go  to  www.myspi.org.  Cameron  County  operates  with  five  elected
                 Commissioners, who meet every Tuesday afternoon to manage county affairs. For
                 more information go to www.co.cameron.tx.us.
                 TAXES
                 The State of Texas has no State income tax and allows for local tax incentives and
                 exemptions from State sales tax. Local taxing discounts include a $15,000 home-
                 stead exemption, and a 20% exemption on both the Laguna Madre Water District
                 and City of South Padre Island taxes. Cameron County offers a $12,000 exemption
                 to taxpayers over the age of 65. Ad valorem taxes are assessed and collected by
                 Cameron County. The City of South Padre Island has a 8.25% sales tax ( ⁄2% to
                                                                        1
                 Economic Development, 1 ⁄2% to City of SPI and 6 ⁄4% to State of Texas), and a 17%
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                                    1
                 Hotel/Motel Tax (6% to State of Texas, of which 1% is returned to the City for
                 beach renourishment, 8.5% to the Convention and Visitors Bureau, 2% for City
                 Venue projects, and 0.5% to Cameron County for County Venue projects). For
                 information on property taxes, contact the Cameron County Appraisal District at
                 956.399.9322 or visit their website at www.cameroncad.org
                 UTILITIES
                 Water and sewer needs for South Padre Island residents and businesses are man-
                 aged by Laguna Madre Water District (956.943.2626), waste disposal is provided
                 by  Republic  Services  (800.423.7316)  and  cable  service  is  provided  by  Spectrum
                 Cable  (800.222.5355).  Electrical  service  can  be  obtained  from  several  suppliers
                 (www.powertochoose.org), and land line telecommunication service is also avail-
                 able  through  multiple  companies  (www.connectmyphone.com).  South  Padre
                 Island  is  serviced  by  numerous  internet  provider  companies.    Check  with  your
                 current carrier regarding availability and options. J
                                                                                      Captain Bryan Ray

                                                                                     Fishing Adventures


                                      CAPT. BRYAN RAY



                                                                                          State Water Snapper Fishing is
                                                        FISHING                                 Open Year Round!

                                                                                                 956-433-6469
                                                                                        www.fishingadventuresspi.com
                                                                                      Facebook.com/FishingAdventuresSPI

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