The mission of this department is to provide citizens, city management, and other interested parties with accurate, complete, and responsive financial services.
See also: Check Register (view all issued checks)
Per capita calculations help provide context to certain metrics by directly factoring in a city's population. For example, some cities have more or less revenue than other cities, and by dividing that revenue by the population, we can have a better understanding of the degree of impact of that revenue. Per capita measures are standard scores that can be helpful when comparing two or more cities.
More information and raw data can be found here on our Financial Transparency webpage.
The following per capita values represent FY21 and use NCTCOG's 2021 population estimate of 113,620.
Number of Days of General Fund Reserves
The city strives to maintain a balance in the General Fund at end of each fiscal year as insurance against unexpected economic disturbances. The number to the left displays the number of days General Fund reserves could be utilized for operational outlay without revenues being generated.
In any given year, sales tax makes up approximately 1/3 of the city's revenue and is as significant of a revenue source as property taxes. When purchasing goods and services in Lewisville, consumers can expect to pay 8.25% sales tax, comprised of:
State of Texas 6.250%
Percent of Budgeted Sales Tax
Collected By Month
This graph to the left displays the percent of budgeted sales tax collected by month. The state dispurses tax collections two months behind the current month. Therefore, graph results will always be delayed by two months.*
Without considering seasonal fluctuations in sales tax collection, collecting 8% or more, on average, of the city's sales tax budget on a monthly basis would result in nearly 100% collection by the end of the fiscal year.
Running Percent of FY Budgeted Sales Tax Collected To Date
Year-Over-Year (YOY) Monthly Percent Change in Sales Tax Collection
The chart below shows the percent change in sales tax collection for each month compared to the same month in the previous year.
FY21 experienced some noticeably positive YOY fluctuations, which may have been a result of increased consumer spending as concerns about the pandemic began to relax. Though not as strong, this positive trend continued into FY22 despite the negative YOY collections in May and June 2022.
Distinguished Budget Award (Years)
Distinguished Budget Award received from the Government Finance Officers Association. Number of consecutive years this award has been received by the City of Lewisville.
Certificate of Achievement for Excellence in Financial Reporting (Years)
Certificate of Achievement for Excellence in Financial Reporting received from the Government Finance Officers Association. Number of consecutive years this certificate has been awarded to the City of Lewisville.
Annual Achievement of Excellence in Procurement Award (Years)
Achievement in Excellence in Procurement Award received from the Texas Public Purchasing Association. Number of consecutive years this award has been received by the City of Lewisville.
General Obligation Bond Rating
General Obligation Bond Rating received from Standard and Poor's and Fitch rating.
Revenue Bond Rating
Revenue bond Rating received from Standard and Poor's and Fitch rating agencies.
Staffing Levels per Division
Most metrics are updated daily