Financial Transparency

The City of Gainesville is committed to providing financial transparency. As such, we make every effort to deliver financial information that is readily accessible and available for our citizens. The City of Gainesville Finance Department provides financial reports to promote transparency and accountability.

The Government Finance Officers Association has awarded the City of Gainesville with its Certificate of Achievement for Excellence in Financial Reporting for thirty (30) consecutive years and its Distinguished Budget Presentation Award for twelve (12) consecutive years. Our efforts have also been recognized by the Texas State Comptroller's Office by awarding the City of Gainesville with its Platinum Leadership Circle Award for Transparency in Financial Reporting, their highest level of transparency prior to the initiation of the Transparency Stars Program. Texas Comptroller Glenn Hegar announced on July 29, 2016 that the City of Gainesville is the latest local government entity to achieve specific transparency goals through the Comptroller’s Transparency Stars program. The City of Gainesville received a star in the area of Traditional Finances, which recognizes entities for their outstanding efforts in making their spending and revenue information available.

Transparency Star Traditional Finances Logo

Finance Summary

The following summary data shows amounts for the most recently completed fiscal year of October 1, 2021 - September 30, 2022. Revenues are recognized when earned and expenses are recognized at the time the liability is incurred.

The per capita figures are based on data from the Texas Office of the State Demographer.

  Fiscal Year 2021-2022 Per Capita
Total Expenditures $32,195,582 $1,833
Total Revenues $41,599,170 $2,368
Total Property Tax Revenue $9,041,592
 $515
Total Sales Tax Revenue $6,680,051 $380
Finance Chart Property Tax Rate 2023

Finance Chart Revenues and Expenditures per Capita 2023

Staffing

The City of Gainesville employed 220 full-time equivalent positions for all personnel in the most recently completed fiscal year.

Adopted Budgets

The adopted budget is a means of presenting, in financial terms, the overall plan to accomplish the City’s objectives during the coming year. You will find the adopted budgets in PDF form, as well as the most recently adopted budget in raw format.

Annual Comprehensive Financial Reports

Local ordinances and state statutes require that an Annual Comprehensive Financial Report be submitted for the fiscal year end. These ordinances and statutes require that the City issue a financial report on its financial position and activity, and that an independent firm of certified accountants audit this report.

Check Registers

Online check registers allow you to view a listing of checks issued in payment of goods and services. The registers posted exclude checks that are not related to a direct city expense and those that contain protected privacy information.

Contracts and Procurement

View this page for more information on City of Gainesville contracts.

The City of Gainesville also received a star from the Texas Comptroller’s Office in the area of Contracts and Procurement, which recognizes entities for their outstanding efforts in making their contracts, procurement, and bidding information readily available.

Debt Information

View this page for more information on City of Gainesville Debt Obligations, including historical bond election information, outstanding debt, tax rates, issue-by-issue listings of debt obligation, and monthly investment portfolio reports. 

Economic Development

View this page for more information on City of Gainesville's Economic Development, including incentives and abatements.

View the updated Tax Abatement Guidelines and Criteria

View the downloadable data for tax abatements, economic incentives and EDC 4B incentives (excel).

View the Economic Development Incentives Page.

View the Texas Comptroller of Public Accounts Economic Development Corporation Reports webpage and search tool.

View Statement No. 77 of the Governmental Accounting Standards Board (PDF) regarding Tax Abatement Disclosures.

The City of Gainesville also received a star from the Texas Comptroller's Office in the area of Economic Development, which recognizes entities for their outstanding efforts in making information regarding tax abatements and other incentives granted readily available.

Transparency Star Economic Development