Finance Department Earns Platinum Transparency Award

Posted by April Reiling on May 08, 2014
Tags: Community, Government, Town News, Transparency

The Texas Comptroller’s office has named Trophy Club as one of only 39 municipalities in Texas to achieve their new Platinum award for financial transparency in the Texas Comptroller Leadership Circle. The Platinum designation was implemented this year and spotlights entities that go above and beyond regarding financial transparency. The award recognizes local governments across Texas that implement a high level of online financial transparency by providing taxpayers with a detailed picture of government spending in a user-friendly format.

Finance Director Steven Glickman commented that, "In achieving the highest distinction of the Texas Comptroller Leadership Circle Award since the inception of the award, the Town endeavors to provide all residents and interested parties with the highest level of financial transparency." Glickman went on to say, "I am very pleased with the Finance and Communications staff who compile the information and update our transparency website, and a supportive Council that allows us to achieve this prestigious award."

Visit the Town of Trophy Club Transparent Government webpage to review online financial documents and information. Trophy Club previously achieved the Gold Leadership Award, which had been the highest level each year since the program began in 2009.

According to the Comptroller’s office, the new Platinum award recognizes local governments that have exceeded the previous requirements of disclosure. It includes posting of budgets, financial reports and check registers online. The Platinum Award spotlights entities that post detailed summary information on their websites about current bonded debt and repayment; link to the Comptroller’s governmental transparency website; and pledge to post information online about proposed bond packages and existing debt.

For more information, visit www.texastransparency.org.