In late April, the Texas Comptroller awarded the City of Round Rock a Transparency Star in recognition that we provide easy online access to spending and revenue information.
We’ve got a one-stop shop on our website for basic financial data and reports. You can find links to detailed information on things like quarterly investment reports or simply check out a bar chart showing how the City property tax rate has changed from 2012 to 2016. (Spoiler alert: it’s less than a half cent.)
If you’re really into numbers, the Comprehensive Annual Financial Report is a detailed report of the City’s finances and includes the independent auditors’ opinion. (Spoiler alert: the City always receives an unqualified or “clean” opinion.) Auditors spent nine weeks on site – a total of 1,051 hours – and evaluated hundreds of transactions. This report provides a quantitative look at the operating success, financial health, and compliance of the City. It includes a Statement of Net Position, Statement of Activities, Balance Sheet, a Statement of Revenues, Expenditures, and Changes in Fund Balances, and a comparison of budgeted to actual expenses and revenues. The Statistical Section near the back of the document provides a treasure trove of additional financial and statistical comparisons on the City, many showing ten years of history.
If that’s too much detail, then check out the quarterly Round Rock by the Numbers. This two-pager is a snapshot of quarterly information on key indicators like sales tax collections (actual vs projections), utility revenues, hotel occupancy rates and the like. There’s also fun facts like Top 10 Property Taxpayers and which departments have the biggest piece of the budget pie. (Spoiler alert: it’s the Police).
One of the City Council’s top strategic goals is a “Financially Sound City Providing High Value Services.” Have a look at the wealth of financial information on our website, and learn more about what makes Round Rock such a well-run City.