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TC News

Finance Department Earns Platinum Transparency Award

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…

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Blue Ribbon Panel Final Report

Blue Ribbon Panel Final Report

Posted by April Reiling on Apr 09, 2014
Tags: Community, Denton County, Government, Government Consolidation, Town News, Transparency, Volunteer

After several months and hours of work conducting research and attending various meetings, the Blue Ribbon Panel (BRP) formally presented the final report to the Town Council on Monday, April 7, 2014.

Read the full Blue Ribbon Panel Final Report

To focus on the issues in depth, the BRP formed two subcommittees: the Governance Subcommittee and the Finance Subcommittee. Ultimately, the BRP's recommendation from each subcommittee is as follows:

Recommendations from the Governance Subcommittee

  1. Consent to a possible…

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S&P Bond Rating Increased to AA+

S&P Bond Rating Increased to AA+

Posted by April Reiling on Apr 02, 2014
Tags: Business, Community, Economic Development, Government, Town News, Transparency

The Town of Trophy Club's Standard & Poor's (S&P) AA bond rating was upgraded to AA+, enhancing the Town's credit and financial profile.The improved bond rating speaks volumes about the Town's fiscal policies and practices, management of public monies and strong financial profile. The AA+ rating indicates that an obligor has VERY STRONG capacity to meet its financial commitments.

S&P provided the following rationale:

The rating reflects our opinion of the town's following credit factors, including its:

  • Very…

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Town and TC MUD 1 Agree to Long-Term Utility Service Terms

Town and TC MUD 1 Agree to Long-Term Utility Service Terms

Posted by April Reiling on Mar 21, 2014
Tags: Community, Denton County, Government, Government Consolidation, Town News, Transparency, Water

The Trophy Club Town Council and Trophy Club Municipal Utility District No. 1 Board of Directors met Wednesday, March 19, 2014 to finalize the terms of an agreement for a long-term utility contract between the two organizations. The Council and Board of Directors agreed to a 99-year wholesale contract for the District to provide water and wastewater utility services to the Trophy Club Public Improvement District (PID) residents, which represents approximately 1400 households located outside the District boundaries. Throughout the negotiation…

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Proposition Added to May 2014 Election Ballot: Joint Town Hall & Police Facility

Proposition Added to May 2014 Election Ballot: Joint Town Hall & Police Facility

Posted by April Reiling on Feb 26, 2014
Tags: Community, Denton County, Elections, Government, Public Safety, TCPD, Town News, Transparency

UPDATE (Thursday, April 3, 2014) — The May 2014 Election Propositions web page includes more detailed information and conceptual design research and options for the proposed joint Town Hall and Police Facility.

UPDATE (Monday, March 3, 2014) — The Town is finalizing contract negotiations for the proposed joint Police/Town Hall facility property. The 5.2 acre property, located at 1000 Trophy Club Drive, is owned by Club Corp Golf of Texas, LP and physically located between the Quorum Apartments and The Commons. This…

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Trophy Club Town Center Property Owner Requests Amendment to PD-30

Trophy Club Town Center Property Owner Requests Amendment to PD-30

Posted by April Reiling on Jan 10, 2014
Tags: Business, Community, Economic Development, Government, Town News, Transparency

UPDATE (March 7, 2014) --- The Town Council held a Public Hearing on Monday, March 3, 2014 and discussed the PD-30 development standards amendment request from the Trophy Club Town Center developer. Six residents addressed Council with various questions, concerns and suggestions. The two main issues discussed were the townhomes and the retail-ready component of the proposed amendment. After a lengthy discussion and negotiations, the Town Council voted to approve the PD-30 development standards amendments by a vote of 5-1.

COUNCIL…

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Community Logos Unveiled - What Do You Think?

Community Logos Unveiled - What Do You Think?

Posted by April Reiling on Dec 12, 2013
Tags: Community, Government, Town News, Transparency, Volunteer

Recently, several Trophy Club residents submitted logo concepts for consideration as the next Town of Trophy Club logo (logos A - I pictured below). Additionally, logos developed by Town staff that were placed on the Town's Facebook page and sent out on Survey Monkey (logo J). Below are the logos submitted by residents and the top logo designed by staff that generated the highest favorability on the survey and Facebook. Based on feedback and community branding best practices, the Town Council will consider a new Town of Trophy Club logo in January…

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