Financial Transparency

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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-one (31) consecutive years and its Distinguished Budget Presentation Award for thirteen (13) consecutive years. Our efforts have also been recognized by the Texas State Comptroller's Office as the City of Gainesville has been awarded all six transparency stars that are currently awarded.  The six transparency stars are awarded by the Texas State Comptroller in the following transparency categories:

  • Traditional Finances
  • Contracts and Procurement
  • Economic Development
  • Public Pensions
  • Debt Obligations
  • Open Government and Compliance

The sixth star for Open Government and Compliance debuted earlier in 2024, and the City of Gainesville is one of only eleven local governments to having received this recognition to date.  In addition, the City of Gainesville continues to be the smallest government in Texas (by population) to have been awarded all available transparency stars by the Texas State Comptroller.

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Finance Summary

The following summary data shows amounts for the most recently completed fiscal year of October 1, 2023 - September 30, 2024. 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 U.S. Census Population Estimate of July 1, 2022, which showed a population of 17,912 for Gainesville.

  Fiscal Year 2023-2024 Per Capita
Total Expenditures $41,552,354 $2,320
Total Revenues $54,551,833 $3,046
Total Property Tax Revenue $9,963,691
 $556
Total Sales Tax Revenue $8,002,467 $447

Property Tax


Revenues and Expenditures

Staffing

The City of Gainesville employed 232 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 (PDF)

View the Chapter 380 Guidelines and Criteria (PDF)

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

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.

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