FINANCIAL TRANSPARENCY

TAX YEAR 2024 2023 2022 2021
Fire Tax Rate Maintenance & Operations $0.05136 $0.05186 $0.05625 $0.06412
MUD Tax Rate Maintenance & Operations $0.00315 $0.00336 $0.00393 $0.00687
Tax Rate I & S $0.00799 $0.00859 $0.03115 $0.03489
Total Tax Rate $0.06250 $0.06381 $0.09134 $0.10588
TAX YEAR 2024 2023 2022 2021
Fire revenue Maintenance & Operations $1,398,028 $1,324,945 $1,257,579 $1,269,330
MUD Revenue Maintenance & Operations $85,620 $85,734 $87,956 $136,092
Revenue for Debt Service $217,408 $219,481 $696,446 $690,667
Total Tax Revenue $1,630,160 $2,041,981 $2,096,089 $2,074,418

BUDGET INFORMATION

FISCAL YEAR 2025 2024 2023 2022
TOTAL ADOPTED BUDGET REVENUE $13,240,355 $14,423,933 $11,733,354 $10,370,758
CHANGE IN DOLLAR VALUE ($1,183,578) $2,690,579 $1,362,596 $143,481
CHANGE IN BUDGET PERCENTAGE -8.21% 22.93% 13.14% 1.40%
FISCAL YEAR 2025 2024 2023 2022
TOTAL ADOPTED BUDGET EXPENSE $13,224,220 $14,423,933 $11,733,354 $10,370,758
CHANGE IN DOLLAR VALUE ($1,199,713) $2,690,579 $1,362,596 $148,588
CHANGE IN BUDGET PERCENTAGE -8.32% 22.93% 13.14% 1.45%

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, 2023.

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, 2024