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
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.
Budget and Tax Rate Information
Includes information on the process of adopting the current Fiscal Year Annual Operating Budget and adopted Ad Valorem Tax Rate, the current and previous budgets, tax rates, and other tax information.