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2015 Year-in-Review & 2016 Goals for the Town

2015 Year-in-Review & 2016 Goals for the Town

Posted by April Reiling on Mar 03, 2016
Tags: Business, Community, Economic Development, Government, Hospitality, Transparency, Town News, Public Safety, Parks

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 several…

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Trophy Club Secures First PID Refinancing in Texas History, Saves Residents $16M

Trophy Club Secures First PID Refinancing in Texas History, Saves Residents $16M

Posted by April Reiling on Jan 14, 2016
Tags: Community, Denton County, Government, Transparency, Town News, Parks

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.

“I…

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Town Finance Department Expands Trophy Collection, Earns PAFR Award

Town Finance Department Expands Trophy Collection, Earns PAFR Award

Posted by April Reiling on Nov 05, 2015
Tags: Government, Transparency, Town News

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 row,…

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