Financial Transparency

The Financial Transparency page provides taxpayers with transparent information about the City's finances. By opening our books to the public, taxpayers can see how municipal funds are spent.

The City of Tomball participates in the Texas Comptroller of Public Accounts' Transparency Stars program, which recognizes local governments for going above and beyond in their transparency efforts. Currently, the City has received recognition for Traditional Finances and Debt Obligations.

TransparencyStar_TF.jpg   TransparencyStar_DO.jpg

The table below summarizes the City's financial position for its most recently completed fiscal year, October 1, 2022, to September 30, 2023. The population estimate of 12,341 was obtained from the Census Bureau population as of April 1, 2020. There were 228 total full-time equivalent positions for all personnel in the most recently completed fiscal year.


Total ExpensesTotal RevenuesTotal Property Tax RevenueTotal Sales Tax Revenue
FY 2022-2023 Total$70,036,830$105,004,145$7,504,719$16,767,663
Per Capita (12,341 est. population)$5,675.13$8,508.56$608.11$1,358.70


Property Tax Rate per 100 - FY 2018-FY 2023
graphic table of Revenues and Expenditures per Capita FY 2019- FY 2023

Provided in this section are:

Debt Information

The City of Tomball currently has outstanding debt as detailed in the City Debt Information below. Principal and interest payments are made on February 15 of each year and a second interest only payment is made on August 15 of each year. The tables presented show outstanding debt for the current fiscal year, as well as the previous five fiscal years. The current debt obligations include tax-supported obligations and a lease-purchase obligation. The population estimate of 12,341 was obtained from the Census Bureau population as of April 1, 2020.


Total outstanding debt obligationsTotal tax-supported debt obligationTotal revenue-supported debtTotal Lease-purchase obligations
FY 2022-2023 Total$42,710,000$41,930,000$0$780,000
Per Capita (12,341 est. population)$3,460.82$3,397.62$0$63.20


graph of Tax Supported and Revenue Supported Debt - FY 2019-FY 2023
graph of Tax Supported Debt Per Capita - FY 2019-FY 2023

                                                   Tax Rate Information FY 2023-2024

   
Property Tax Rate $0.293320
No New Revenue Tax Rate $0.253407
Voter Approval Tax Rate $0.293320
De Minimis Tax Rate $0.280997