The City's fiscal year runs from January 1st through December 31st. The City adopts its budget by October 1 of the year prior to the budgeted year. The City is audited each year by an accounting firm.
Bond Rating Moody's: AAA (Note: This is the highest bond rating that Moody's offers.)
City Property Tax Mill Levy Rate - 2021 Revenue from the ad valorem property tax funds a significant portion of City operations. The ad valorem property tax mill levy rate is set during the annual budget process by the City Council.