FINANCE

2021 2020 2019 2018
Fire Tax Rate Maintenance & Operations $0.06412 $0.06476 $0.06738 $0.06717
MUD Tax Rate Maintenance & Operations $0.00687 $0.00709 $0.00748 $0.00765
Tax Rate I & S $0.03489 $0.03589 $0.03787 $0.04134
Total Tax Rate $0.10588 $0.10774 $0.11273 $0.11618
2021 2020 2019 2018
Fire revenue Maintenance & Operations $1,269,330 $1,246,877 $1,214,230 $1,117,000
MUD Revenue Maintenance & Operations $136,002 $136,531 $134,871 $132,384
Revenue for Debt Service $690,667 $691,010 $682,441 $687,175
Total Tax Revenue $2,096,089 $2,074,418 $2,031,542 $1,936,559

BUDGET INFORMATION

2022 2021 2020 2019
TOTAL ADOPTED BUDGET REVENUE $10,370,758 $10,227,277 $10,645,077 $10,613,203
CHANGE IN DOLLAR VALUE $143,481 ($417,800) $31,874 $364,876
CHANGE IN BUDGET PERCENTAGE 1.40% -3.92% 0.30% 3.56%
2022 2021 2020 2019
TOTAL ADOPTED BUDGET EXPENSE $10,370,758 $10,222,170 $10,638,853 $10,271,365
CHANGE IN DOLLAR VALUE $148,588 ($416,683) $367,488 $215,955
CHANGE IN BUDGET PERCENTAGE 1.45% -3.92% 3.58% 2.15%

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. 2021