Financial TransparencyFinancial Transparency

Financial Transparency

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In an effort to provide full financial disclosure to the citizens of the City of Katy, this transparency page provides a quick yet thorough look at all aspects of the finances for the City.  In addition to budgets, annual financial reports and payment registers, the financial dashboard gives an overview of all local taxes, including the rates for property, sales and use, and hotel occupancy taxes.

The State Comptroller’s website about transparency in government, including local debt, may be accessed at TexasTransparency.org.  This website is a source to collect all available information on local government finances in our state, including the existing and proposed debt of cities, counties, school and hospital districts and hundreds of special-purpose districts throughout Texas.

Independent Registered Municipal Advisor Representation Letter

 

Budgets

These documents represent the original adopted budgets as approved by the City Council.

 

Comprehensive Annual Financial Reports (CAFRs)

The information in these documents has not been updated for developments subsequent to the dates of the respective independent auditor’s reports.

 

Payment Registers

These registers contain all disbursements made by the City, including paper checks and electronic payments to vendors.  Employee salary information is presented in summary form only by department at the end of each register.

2015 Property Tax Rate

Current Tax Rates                                                                                                                    

 

City of Katy property tax rates are expressed per $100 of taxable property value.

Tax Year 2015

$0.39683     Maintenance & Operations (M&O)2015 Property Tax

$0.12989     Interest & Sinking Fund (I&S)

$0.53000    Total Rate

Sales & Use Tax

6.25%     State of Texas2015 Sales Tax

1.00%     Metro

1.00%     City of Katy

8.25%     Total Rate

Hotel/Motel Occupancy Tax2015 Hotel Tax

6.00%     State of Texas

7.00%     City of Katy

13.00%    Total Rate

 

Summary of Debt Obligations

The City of Katy is pledged to transparency in local spending and debt obligations are as follows:2015 Debt Service

  • 2004 Bonds, $3,200,000 for Municipal Court building and sewer infrastructure – 2019 maturity date, $1,380,000 outstanding debt
  • 2008 Bonds, $7,500,000  for Fire Station and streets – 2023 maturity date, $5,100,000 outstanding debt
  • 2011 Bonds, $6,000,000 for refinancing of 2000 bond for infrastructure – 2016 maturity date, $1,450,000 outstanding debt
  •  2015 Bonds, $5,000,000 for Fire Station #2 – 3/1/2030 maturity date

Public Information Requests

The City Secretary’s office is responsible for the care and maintenance of all City records.  These records include all City Council minutes, agendas, ordinances, resolutions, deeds, easements, plats, contracts and historical information.  The City Secretary is designated as the City’s Records Management Officer by City ordinance.  This designation makes her responsible for developing and administering a records retention and destruction policy, monitoring the records storage area and overseeing the control of electronically stored records.  In addition to these responsibilities, the City Secretary responds to numerous requests for City records filed each year under the Texas Public Information Act.

If you need to view or obtain copies of public information in the custody of the City of Katy, you must submit a written request or the Disclosure of Public Information form to the attention of the City Secretary using any of these methods.

  • In person – City Hall, 901 Avenue C, Katy Texas 77493
  • Mail – P. O. Box 617, Katy Texas  77492
  • Fax – 281.391.4937
  • E-mail – mbunch@cityofkaty.com

When obtaining copies of public information, please be aware that there may be fees associated with providing the information.

The City of Katy is governed by the Mayor and City Council and managed by the City Administrator and staff.   These individuals may be contacted at:

Mayor Fabol Hughes

City Council Members

City Administrator Byron Hebert

 

Financial Transparency LC_platinum

The City of Katy is a proud recipient of the Texas Comptroller’s 2014 Leadership Circle Award for financial transparency.  The Platinum level is the highest attainable award signifying the City’s willingness to go above and beyond providing financial transparency in local government by opening our books to the public, providing clear, consistent pictures of spending, and sharing information in a user friendly format that helps taxpayers understand how their dollars are spent

 

 

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