Financial Transparency / Open Government
Financial Transparency Initiative
The Texas Comptroller of Public Accounts' Transparency Stars Program recognizes local governments across Texas that are striving to meet a high standard for financial transparency online and spotlight local governments that are:
- Opening their books to the public
- Providing clear and meaningful financial information not only by posting financial documents, but also through summaries, visualizations, downloadable data and other relevant information.
The City of Midlothian’s Finance Department strives to provide our citizens a transparent view of the City’s finances to make it a great place with strong foundations and bright futures to live, work or visit.
The Finance Department stands dedicated to:
- Delivering timely, accurate, clear, and complete information, and
- Meeting the highest standard of fiscal transparency by supplying constituents with data that depict how tax dollars and other revenues are budgeted and spent in a user-friendly way, and,
- Supporting other departments, our citizens, and the community at large while protecting assets, both real and intangible, and
- Maintaining compliance with:
- federal, state, and local laws and regulations,
- adherence to Generally Accepted Accounting Principles transmitted by:
- Government Finance Officers Association (GFOA),
- Governmental Accounting Standards Board (GASB),
- American Institute of Certified Public Accountants (AICPA), and
- Public Fund Investment Act of Texas (PFIA)
- Continuous improvement through participation in the:
- Government Finance Officers Association's Certificate of Achievement for Excellence in Financial Reporting, and
- Texas Comptroller's Transparency Stars program promoting financial transparency.
The City of Midlothian earned the Transparency Star in Traditional Finances on July 13, 2016, and have retained the status to date.
Tax Rate and Budget Process (FY 2023-2024)
Ad Valorem Tax Information
The City of Midlothian adopted a tax rate that will raise more taxes for maintenance and operations than last year's tax rate.
Available General Financial Records
Texas Code Chapter 26 (Assessment) defines maintenance and operations (M&O) as any lawful purpose other than debt service for which a taxing unit may spend property tax revenues and interest and sinking (I&S) as the tax rate levied to pay for any bond debt that may have been issued to fund construction projects.
FY 2023-2024 TAX RATES (Adopted)
M&O: $0.329455 I&S: $0.320545 TOTAL: $0.650000
State of Texas Sales Tax Rate 8.25%
State of Texas 6.25%
City of Midlothian 1.00%
Midlothian Economic Development 0.50%
Midlothian Community Development Corporation 0.50%
Texas Hotel Occupancy Tax Rate
6% of the cost of a room
The debt section includes summary information about the City’s outstanding debt obligations, debt descriptions, issue dates, total amounts, and maturity dates and the City’s pledge to post details related to bond elections and existing debt on our website. This section includes data from the last five years.
Check Registers including EFT and Bank Drafts
The check register is a listing of all check payments incurred by the City through the most recent quarter-end close and includes payment date, payment amount, and payee information. This section includes data from the last five years.
The payroll information section provides quarterly pay code statements for the City of Midlothian and Midlothian Economic Development (Type A) for the last four years, and Midlothian Community Development (Type B) includes quarterly pay code statements for the current fiscal year 2022-2023, since this is the first year that Type B has had a full-time equivalent employee.
Midlothian Economic Development
Midlothian Community Development
*Items are available in pdf format.
The budget serves as the operating plan, policy guidelines, and financial communications device for the City's fiscal year. The City of Midlothian’s fiscal year commences on October 1 and ends on September 30. The budget depicts anticipated expenditures and revenue in general categories by department and/or account type. This section includes raw format budget data for the last five years.
Current Fiscal Year Budget
Previous Fiscal Year Budgets
Annual Comprehensive Financial Reports (ACFR)
The Annual Comprehensive Financial Report provides a quantitative look at the operating success, financial health and compliance of the government reporting units. The report includes a balance sheet, a statement of changes in financial position, a statement of revenues and expenses, and a comparison of budgeted to actual expenses and revenues. This section includes the last five years of financial statements.
The tax information section provides general information about the City’s property taxes (M&O and I&S rate allocations) and the City's Municipal Hotel Occupancy Tax Annual Report, in compliance with Senate Bill 1221 Section 351.009) and how they are determined for the last five years.
Property Tax Rate per $100 Valuation
|Fiscal Year||Property Tax Rate Per $100 Valuation|
Property Tax Rate Distribution
- Texas Municipal League
- North Central Texas Council of Governments
- North Texas Commission
- Texas Coalition of Cities for Utility Issues
- North Texas City Management Association
- Texas Municipal Clerks Association
- Texas Association of Municipal Information Officers
- Texas Economic Development Council
- Texas Library Association
- American Planning Association
- Government Finance Officers Association
Additional Ancillary Reports
This section is designed to include reports that may be required due to legislation and includes the following:
- Online database of the City’s Chapter 380 and 381 agreements
- City’s master fee schedule as adopted June 14, 2022, by Resolution 2022-33
- Annual report on Municipal Energy Usage, in compliance with House Bill 3693.
- This section includes data from the last five years.
Master Fee Schedule
The current Master Fee Schedule was adopted November 14, 2023 by Resolution 2023-62 with an effective date of November 14, 2023. Please refer to the Annual Operating Budgets to review fees from prior fiscal years.
The following financial data listed under the budget criteria is based on the current fiscal year (October 1, 2023 – September 30, 2024) as well as the previous most recently completed fiscal year (October 1, 2022 – September 30, 2023):
Per capita figures above are calculated on the City’s 2023 estimated population of 39,475 as of January 1, 2023 (source: North Central Texas Council of Governments) The City has 350.5 full-time equivalent positions approved for fiscal year 2023-2024.
The following financial data listed under the budget criteria is based on the current fiscal year (October 1, 2022 – September 30, 2023) as well as the previous most recently completed fiscal year (October 1, 2021 – September 30, 2022):
Per capita figures above are calculated on the City’s 2022 estimated population of 37,580 as of January 1, 2022 (source: North Central Texas Council of Governments) The City had 331.5 full-time equivalent employees at the end of fiscal year 2022.