FINANCIAL TRANSPARENCY

TAX YEAR 2025 2024 2023
Fire Tax Rate Maintenance & Operations $0.05712 $0.05136 $0.05186
MUD Tax Rate Maintenance & Operations $0.00287 $0.00315 $0.00336
Tax Rate I & S $0.00814 $0.00799 $0.00859
Total Tax Rate $0.06814 $0.06250 $0.06381
TAX YEAR 2025 2024 2023
Fire revenue Maintenance & Operations $2,354,855 $1,398,028 $1,324,945
MUD Revenue Maintenance & Operations $118,420 $85,620 $85,734
Revenue for Debt Service $335,743 $217,408 $219,481
Total Tax Revenue $2,809,018 $1,630,160 $2,041,981

BUDGET INFORMATION

FISCAL YEAR 2026 2025 2024
TOTAL ADOPTED BUDGET REVENUE $13,433,380 $13,240,355 $14,423,933
CHANGE IN DOLLAR VALUE $193,025 ($1,183,578) $2,690,579
CHANGE IN BUDGET PERCENTAGE 1.46% -8.21% 22.93%
FISCAL YEAR 2026 2025 2024
TOTAL ADOPTED BUDGET EXPENSE $13,433,380 $13,224,220 $14,423,933
CHANGE IN DOLLAR VALUE $209,160 ($1,199,713) $2,690,579
CHANGE IN BUDGET PERCENTAGE 1.58% -8.32% 22.93%

GFOA DISTINGUISHED BUDGET PRESENTATION AWARD

The Government Finance Officers Association of the United States and Canada (GFOA) presented the Distinguished Budget Presentation Award (PDF) to Trophy Club Municipal Utility District No. 1 for its annual Operating Budget (PDF) for the fiscal year beginning October 1, 2024. Award recipients had to satisfy nationally recognized guidelines that determine how well the District’s budget served as a policy document, operations guide, financial plan, and communications tool.

This award reflects the commitment of the District Board of Directors and staff to achieve the highest principles of governmental budgeting. Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America.

Government Finance Officers Association Distinguished Budget Presentation Award presented to Trophy Club Municipal Utility District No. 1 Texas for the fiscal year beginning Oct. 1, 2024

 

FINANCIAL STATUS

Standard & Poors: AA as of November 1, 2023

DISTRICT INFORMATION FORM

District Information Form - Notice to Purchaser - Effective Oct. 1, 2025