Proof, yet again, that TC has a fantastic Finance Department! For the 6th consecutive year, Trophy Club has received The Certificate of Achievement for Excellence in Financial Reporting. Way to go, Steven Glickman (Assistant Town Manager/CFO) and Team!
As elected officials and public servants, the Trophy Club Town Council & Staff are always looking at ways to make the community better. Providing a glimpse of what we do gives our stakeholders an idea of how the community has grown and changed, as well as what can be expected in the future. The information below was compiled in mid-January 2016 and provides an overview of 2015 accomplishments and 2016 goals. 2015 Accomplishments
- In 2015 Trophy Club celebrated 30 years of incorporation and the 30th Anniversary Committee held…
Trophy Club is making history as the first municipality in the state of Texas to achieve an investment grade rating on a Public Improvement District (PID) bond and to realize over $16.4M in total savings with a subsequent refinancing. The $16.4M refund for PID residents results in approximately $11,675 savings in future assessments over the life of the bond to each property owner who had not previously paid off their assessments. As a premier North Texas community, Trophy Club continues to set the pace for financial transparency and ingenuity.
The Town’s Finance Department continues to shine in government finance! For the first time, the Government Finance Officers Association (GFOA) presented the Town with the Award for Outstanding Achievement in Popular Annual Financial Reporting (PAFR) for the 2014 Trophy Club PAFR. The 2014 PAFR was the first time the Town published the document, which is designed to provide stakeholders a succinct, simple explanation of Town finances. To earn recognition for a first time submission is a great achievement!
For the fifth year in a…
November 3, 2015Unofficial Election Results
Town Council will canvass the election results at the November 13, 2015 Special Call Meeting at 8:30 a.m. in the Svore Municipal Building Boardroom (100 Municipal Dr.).
October 22, 2015 --- Updated renderings, as well as a scale model of the facility, were presented by the architect at the October 8 Town Hall meeting. Watch the Town Hall meeting and review the presentation given by Town Manager Stephen Seidel. The facility model is located in the Permitting/Municipal…
Posted by April Reiling on Aug 07, 2015
Tags: Business, Community, Economic Development, Government, Parks, Trophy Club Park, Transparency, Town News, TCPD, TCFD, Shop Trophy Club:Where Dollars Make Cents, Road Construction, Recreation, Public Safety
Update (October 1, 2015) --- The Town Council adopted the FY15-16 Town Budget on September 22, 2015. The formal budget is currently under development, but the approved budget is available for review. The FY15-16 budget is based on a $0.484/$100 valuation tax rate, which is a $0.006 reduction over last years tax rate.
The Town Manager’s Office and Finance Department presented the Fiscal Year 2015-2016 (FY15-16) Proposed Budget to Town Council on July 31, 2015 in accordance with the Town Charter.…
For the fifth year in a row, the Town of Trophy Club has earned the Texas Comptroller Leadership Circle designation for financial transparency. This year marks the second year that Trophy Club has been awarded the highest level for performance: Platinum.
Check out the Town of Trophy Club Financial Transparency webpage.
The Comptroller of Public Accounts launched the Texas Comptroller Leadership Circle program in December 2009 to recognize local governments across Texas that are striving to meet a high standard for financial…