FINANCIAL TRANSPARENCY

TAX YEAR 2023 2022 2021 2020
Fire Tax Rate Maintenance & Operations $0.05186 $0.05625 $0.06412 $0.06476
MUD Tax Rate Maintenance & Operations $0.00336 $0.00393 $0.00687 $0.00709
Tax Rate I & S $0.00859 $0.03115 $0.03489 $0.03589
Total Tax Rate $0.06381 $0.09134 $0.10588 $0.10774
TAX YEAR 2023 2022 2021 2020
Fire revenue Maintenance & Operations $1,324,945 $1,257,579 $1,269,330 $1,246,877
MUD Revenue Maintenance & Operations $85,734 $87,956 $136,092 $136,531
Revenue for Debt Service $219,481 $696,446 $690,667 $691,010
Total Tax Revenue $1,630,160 $2,041,981 $2,096,089 $2,074,418

BUDGET INFORMATION

FISCAL YEAR 2024 2023 2022 2021
TOTAL ADOPTED BUDGET REVENUE $14,423,933 $11,733,354 $10,370,758 $10,227,277
CHANGE IN DOLLAR VALUE $2,690,579 $1,362,596 $143,481 ($417,800)
CHANGE IN BUDGET PERCENTAGE 22.93% 13.14% 1.40% -3.92%
FISCAL YEAR 2024 2023 2022 2021
TOTAL ADOPTED BUDGET EXPENSE $14,423,933 $11,733,354 $10,370,758 $10,222,170
CHANGE IN DOLLAR VALUE $2,690,579 $1,362,596 $148,588 ($416,683)
CHANGE IN BUDGET PERCENTAGE 22.93% 13.14% 1.45% -3.92%

GFOA DISTINGUISHED BUDGET PRESENTATION AWARD

The Government Finance Officers Association of the United States and Canada (GFOA) presented the Distinguished Budget Presentation Award to Trophy Club Municipal Utility District No. 1 for its annual Operating Budget (PDF)  for the fiscal year beginning October 1, 2022.

When a Distinguished Budget Presentation Award is granted to an entity, a Certificate of Recognition for Budget Presentation is also presented to the individual or department designated as being primarily responsible for its having achieved the award. View the Distinguished Budget Presentation Award (PDF).


 

FINANCIAL STATUS

Standard & Poors: AA  As of November  1, 2023


DISTRICT INFORMATION FORM

District information Form - Notice to Purchaser - Effective Oct. 1, 2023