FINANCE

TAX YEAR 2022 2021 2020 2019
Fire Tax Rate Maintenance & Operations $0.05625 $0.06412 $0.06476 $0.06738
MUD Tax Rate Maintenance & Operations $0.00393 $0.00687 $0.00709 $0.00748
Tax Rate I & S $0.03115 $0.03489 $0.03589 $0.03787
Total Tax Rate $0.09134 $0.10588 $0.10774 $0.11273
TAX YEAR 2022 2021 2020 2019
Fire revenue Maintenance & Operations $1,257,579 $1,269,330 $1,246,877 $1,214,230
MUD Revenue Maintenance & Operations $87,956 $136,092 $136,531 $134,871
Revenue for Debt Service $696,446 $690,667 $691,010 $682,441
Total Tax Revenue $2,041,981 $2,096,089 $2,074,418 $2,031,542

BUDGET INFORMATION

FISCAL YEAR 2023 2022 2021 2020
TOTAL ADOPTED BUDGET REVENUE $11,733,354 $10,370,758 $10,227,277 $10,645,077
CHANGE IN DOLLAR VALUE $1,362,596 $143,481 ($417,800) $31,874
CHANGE IN BUDGET PERCENTAGE 13.14% 1.40% -3.92% 0.30%
FISCAL YEAR 2023 2022 2021 2020
TOTAL ADOPTED BUDGET EXPENSE $11,733,354 $10,370,758 $10,222,170 $10,638,853
CHANGE IN DOLLAR VALUE $1,362,596 $148,588 ($416,683) $367,488
CHANGE IN BUDGET PERCENTAGE 13.14% 1.45% -3.92% 3.58%

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, 2021.

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 March 12, 2019


DISTRICT INFORMATION FORM

District Information Form - Notice to Purchaser Effective Oct. 2022