News Flash Home
The original item was published from 7/29/2021 10:19:00 AM to 7/29/2021 10:21:56 AM.

News Flash

TC News & Information

Posted on: July 27, 2021

[ARCHIVED] Finance Department Receives Transparency Star

Transparency Stars NF

TROPHY CLUB, TX (July 27, 2021) - The Town of Trophy Club is proud to announce that it is one of only 82 cities in Texas to receive its first transparency star through the Texas Comptroller of Public Accounts' Transparency Stars program.

In 2016, the Texas Comptroller of Public Accounts began a new initiative to encourage all county and local governments as well as school districts to provide greater transparency in their financial operations called the Transparency Stars program. Local governments were encouraged to provide clear and meaningful financial information in the areas of Traditional Finances, Contracts and Procurement, Economic Development, Public Pensions, and Debt Obligations. 

The program recognizes great breadth and depth in the information presented for each specific Transparency Star awarded, making each star a prestigious achievement. The Stars stand on their own and are not awarded along a continuum or with an expectation that entities should be attaining five out of five stars.

Transparency Stars are granted and maintained on an ongoing basis. The Comptroller’s staff conduct regular reviews of each awardee and may revoke an award should they determine an awardee’s transparency conduct is no longer in keeping with the program’s goals and intent.

For more information on the program, visit the Texas Comptroller of Public Accounts' Transparency Stars website.

FIN CouncilThe Town of Trophy Club has embraced this philosophy and began working to provide its residents with improved online financial information based on the program's requirements.  

Below is an overview of the Transparency Stars criteria and information regarding the Town of Trophy Club's financial transparency initiatives.

Traditional Finances 

Provides financial information pertaining to the Town's financial and budgetary reporting, including investment information and financial policies; also includes downloadable check registers and budget data

Contracts and Procurements

Gives information about procurement policies, current bid opportunities, and includes current and historical bid award information

Economic Development

Provides information on funding used to promote development within the Town.  Includes detailed information on various development projects and incentive agreements

Public Pensions

Provides information on the Town's employee pension plan, administered by TMRS

Debt Obligations

Provides detailed information about the Town's outstanding debt


About Trophy Club's Finance Department

The Trophy Club Finance Department is committed to providing professional, accountable and strategic stewardship solutions that support the Town’s Vision, Mission, and Core Values. This mission is accomplished by ensuring transparent and sustainable financial practices and through the promotion of resident and employee engagement.  MORE>>

Facebook Twitter Email

Other News in TC News & Information

TC Team

TC Employee's ROCK!

Posted on: March 3, 2023
POWMIA Families

Calling all POW/MIA Families

Posted on: March 6, 2023
State of the Community (2)

TC State of the Community

Posted on: February 27, 2023

TC Community Pool Complex Gets A Makeover

Posted on: February 21, 2023
Special Election

May General Election Information

Posted on: January 18, 2023
Website Refresh (1)

Trophy Club Website Gets a Refresh

Posted on: February 14, 2023
Denise Deprato

Meet The Team - Denise Deprato

Posted on: January 25, 2023
Annual Report 2022

2022 Annual Report

Posted on: January 24, 2023
TC Alerts

Sign up for TC Alerts!

Posted on: June 24, 2022