Traditional Finances

The Traditional Finances page contains information required by the Texas Comptroller of Public Accounts to qualify for the Comptroller's Transparency Stars program. The City of Jacksonville has provided additional financial information that is not required by the Comptroller's program. This information will provide a broader understanding of the City's finances.

Traditional financial information contained on this page includes links to budgetary reports and audited financial reports, as well as information on the City's investments, financial policies, and downloadable check registers and budgets that allow interactive access to important financial information.

Most Recent Financial Information

The following financial summary data is from the government-wide Statement of Activities in the City's Comprehensive Annual Financial Report (CAFR). The government-wide Statement of Activities reports the results of the City's operations on an accrual basis of accounting. Revenues are recognized when earned, and expenses are recognized at the time the liability is incurred.

The per capita figures are based on the City’s 2017 estimated population of 14,884.

2017
Total
Per Capita

Revenues:

   
Government-wide
$15,213,371
$1,022
Property Taxes     3,777,338      254
Sales Taxes     2,189,244      147
     

Expenditures:

   
Government-wide $14,886,739 $1,000
     

Total FTE Positions:

132  

Historical Financial Information

Revenue & Expenditures per Capita

Property Tax Rate per $100

Terminology / Description of Summary Information

Revenues - the income that the City has from its normal activities.

Expenditures - an expenditure is a payment or disbursement. The expenditure may be for the purchase of an asset, a reduction of a liability, or it could be an expense.

Government-wide - revenue and expenditure totals reported include all the City's governmental and business-type activities. The information can also be found in the Statement of Activities in the FY17 Comprehensive Annual Financial Report.

Property Taxes - a levy on property that the owner is required to pay. The tax is levied by the governing authority of the jurisdiction in which the property is located; it may be paid to a national government, a federated state, a county or geographical region, or a municipality. Multiple jurisdictions may tax the same property.

Sales Taxes - a consumable tax placed on retail sales, leases or rentals of most goods, and any taxable services in the state required.

Per Capita - for each person; in relation to people taken individually.

FTE Positions - number of full time equivalent employees for the most recently completed, audited fiscal year.

Fiscal Year - a fiscal year (or financial year, or sometimes budget year) is a period used for calculating annual ("yearly") financial statements in the City. For the City of Jacksonville, the Fiscal Year is October 1st through September 30th of the following year.

Audits / Budgets / Tax Rates

Click here to view the City's audited financial statements, annual budgets, and tax rates.

Check Registers

Click here to view the City's downloadable, interactive check registers.

Monthly Financial Reports

Click here to view the City's monthly financial reports.  By City Charter, the City Manager is to make a full written report to the City Council as soon after the close of each month's accounts as possible, showing the operation and expenditures of each department of the City for the preceding month and a comparison of such monthly expenditures by the departments with the monthly allowances made for such departments in the annual budget.  The financial reports also contain monthly investment reports.

Report for Compliance with SB 1221, Texas Legislative Session 85(R)


Senate Bill 1221 from the 2017 Texas legislative session requires local governments to annually report their hotel occupancy tax rates and revenue amounts, including the percentage of revenue allocated for specific uses, from the preceding fiscal year. The City's report, using formatting and definitions provided by the Texas Comptroller's Office, can be found in the link below.
2017 Report