Financial Reports
The City of Kress strives to provide accurate financial data to the community for full financial transparency. Financial Reports and Budgets are presented, re-evaluated and voted on annually following Local Government Code § Chapter 102 MUNICIPAL BUDGET. Proposed Budget documents reflect the financial plan to be presented for the next fiscal year. The Final Budget includes the Proposed Budget plus changes made for budget and purchase order carryovers. The City Council holds public budget meetings annually for the residents of Kress to attend. All financial reports are posted and can be requested through open records.
City Council Public Meetings Open Records Request
The City's financial reports and budget includes:
- Accounts Payable
- Taxes & Rates
- Revenues & Expenses
- Debts
- Payroll
- Utility Billing and Collections
- Admindistration Department
- Water Department
Tax Rate 2024-25
Tax rate decrease of $0.3859 on each $100.00 taxable valuation of property. The rate is 11.3893 percent less than the no-new tax rate of $0.4355per $100.00 taxable valuation of property, and 3.8615 percent less than the voter approved tax rate of $0.4014per $100.00 taxable valuation of property
City Budgets by Fiscal Year
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FY 2024-25 Budget
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FY 2023-24 Budget
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FY 2022-23 Budget *Coming Soon
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FY 2021-22 Budget