The City of Wichita Falls is making the effort to provide more fiscal transparency to its citizens. By utilizing the City’s Transparency Stars portal, which was created in accordance with the Texas State Comptroller certification guidelines, residents can now see key financial information about the City in a clear and user-friendly manner.
*Updated after completion of the FY21 Comprehensive Financial Report.
This adopted FY 2022 budget reduces the City's property tax rate from 0.763323 to 0.760928, or -0.31%.
This audited report provides a quantitative look at the operating success, financial health, and compliance of the government. It includes a balance sheet, a statement of changes in financial position, a statement of revenues and expense, and a comparison of budgeted to actual expenses and revenues. Please follow the above link to view the City of Wichita Falls' current and prior year's audited reports. The GFOA has awarded the City a Certificate of Achievement for Excellence in Financial Reporting 24 consecutive years.
The raw budget worksheets are organized by object code, and are posted in compliance with the Texas State Comptroller guidelines. These worksheets provide residents an interactive experience with the City's Adopted Budget. The Capital Improvement Plan is budgeted life to date of the project and not on a fiscal year basis.