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.

Financial Summary

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.

TransparencyStar_TF

Tax Rate and Budget Process (FY 2023-2024)

Budget

FY 2023-2024 Proposed Annual Operating Budget

Notice of Public Hearing on FY 2023-2024 Budget

Ordinance 2023-35 Adopting the FY 2023-2024 Annual Operating Budget

Ad Valorem Tax Information

Notice of Public Hearing on Tax Increase

2023 Tax Rate Notice

The City of Midlothian adopted a tax rate that will raise more taxes for maintenance and operations than last year's tax rate.

Ordinance 2023-36 Adopting FY 2023-2024 Ad Valorem Tax Rate

Available General Financial Records

Tax Rates

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

Annual Report of Debt Obligation

(H.B. No. 1378 Section 1. Chapter 140, Local Government Code Section 140.008)

  1. FY 2021-2022 State Debt Reporting
  2. FY 2020-2021 State Debt Reporting
  3. FY 2019-2020 State Debt Reporting
  4. FY 2018-2019 State Debt Reporting
  5. FY 2017-2018 State Debt Reporting

Debt Model

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.

  1. Debt Model FY 2022-2023
  2. Debt Model FY 2021-2022
  3. Debt Model FY 2020-2021
  4. Debt Model FY 2019-2020
  5. Debt Model FY 2018-2019

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.

Check Register

All Archive Items

All Archive Items

*Items are available in both pdf and xlsx formats.

Bank Drafts and Electronic Funds Transfers

All Archive Items

All Archive Items

* Items are available in both pdf and xlsx formats.

Payroll Registers

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

*Items are available in pdf format.

Budgets

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.

2023-2024 FY Annual Operating Budget

Previous Fiscal Year Budgets

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.

  1. ACFR FY 2021-2022
  2. ACFR FY 2020-2021
  3. ACFR FY 2019-2020
  4. ACFR FY 2018-2019
  5. ACFR FY 2017-2018

Tax Information

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 YearProperty Tax Rate Per $100 Valuation
20190.685000
20200.675000
20210.675000
20220.650000
20230.650000


Property Tax Rate Distribution

Fiscal YearM&OI&S
20190.3835400.301460
20200.3739750.301025
20210.3800020.294998
20220.3405900.309410
20230.3294550.320545

Municipal Hotel Occupancy Tax Annual Report 

(Senate Bill 1221 Section 351.009)

Important Information

   
 Texas Comptroller of Public Accounts

Request for Public Information

Contact Information for City Council

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.

Chapter 380 and 381 Agreements

The Texas Comptroller of Public Accounts now offers an online database of Chapter 380 and 381 Agreements entered into by the City.

Municipal Energy Usage

  1. Municipal Energy Usage for Calendar Year 2022
  2. Municipal Energy Usage for Calendar Year 2021
  3. Municipal Energy Usage for Calendar Year 2020
  4. Municipal Energy Usage for Calendar Year 2019
  5. Municipal Energy Usage for Calendar Year 2018

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.

Budget Criteria

FY 2023-2024

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):

Budget Criteria 23-24 Opens in new window

FY 2022-2023

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):

Budget Criteria - FY 22-23 Opens in new windowBudget Criteria - FY 22-23 Chart Opens in new window

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.