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Financial and Budget Transparency

Traditional Finance Financial Transparency Report FY 2022

FINANCIAL TRANSPARENCY

The City of Oak Ridge North is committed to providing clear and meaningful financial information not only by posting financial documents, but also through summaries, visualizations, downloadable data and explanations of the city processes.  The city is participating in the State of Texas Transparency Star program, recognizing governments for going above and beyond in transparency efforts.  We participate to ensure full transparency is available to the public.

 

Finance Summary

For the most recently completed fiscal year from October 1, 2021, through September 30, 2022. The city had 46 full-time equivalent positions in the most recently completed fiscal year.

Interactive Budget
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Sales Tax

Sales tax is the highest contribution to the city’s revenue.  This is due to a large commercial presence and a smaller population.

Property Tax

Property tax is the second highest contribution to the city’s revenue.  The city’s property tax rate was $0.4043 per $100 valuation for 2023.  The tax has decreased for the third year in a row.

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