Financial Transparency

Financial Services


The City of Ovilla is committed to a transparent government.  Transparency promotes accountability and shares information to our citizens so they will know where and how their tax dollars are being used.  The following information is provided with complete effort and commitment to achieve this goal.

If you need assistance or explanation with any of the following information, please contact Ovilla Finance Department either by phone- 972-617-7262, fax- 972-515-3221, or email.  

April 2014, the City of Ovilla was awarded the Platinum Leadership Circle Award through the State Comptroller of Public Accounts by implementing financial transparency. What is Texas Transparency?

Again, July 2015, the City of Ovilla was, for the second year in a row and the first municipality in Ellis County, to be awarded the Platinum Leadership Circle Award through the State Comptroller of Public Accounts for continued financial transparency. 

First City in Ellis County to achieve the Platinum Award! First City to achieve the Platinum Award two years in a row. (July 2015)

Financial Services

Fiscal Year 2016-2017 Budget and Tax Rate approved. 

During Council's regular meeting of September 12, 2016, the Council, in record vote adopted the Fiscal Year 2016-2017 Budget and followed with the adoption of the tax rate. 
Mayor Pro Tem Griffin moved to approve Ordinance 2016-15 approving and adopting the Budget and making appropriations for the support of the City Government of the City of Ovilla, Texas for the Fiscal Year beginning October 01, 2016 and ending September 30, 2017, seconded by PL2 Stevenson.  

RECORD VOTE:
    • PL2 Huber - Aye
    • PL2 Stevenson - Aye
    • PL3 Griffin - Aye
    • PL4 Hunt - Aye
    • PL5 Myers - Aye

Ordinance 2016-15, Fiscal Year 2016-2017 Budget

This budget will raise more revenue from property taxes than last year's budget by an amount of $181,353, which is a 9.306081% percent increase from last year's budget.  The property tax revenue to be raised from new and improved property added to the tax roll this year is $101,751.
    
2016 Ellis and Dallas Appraisal Districts Certified Values  
Notice of 2016 Tax Year Proposed Property Tax Rate

PL4 Hunt moved that Council hereby approve
the 2016 property tax rate be a total of $0.7000 per $100 valuation with a Maintenance and Operation rate of $0.5320 and a debt rate of $0.1680, seconded by PL2 Stevenson.  RECORD VOTE: PL1 Huber - Aye, PL2 Stevenson - Aye, PL3 Mayor Pro Tem Griffin - Aye, PL4 Hunt - Aye, PL5 Myers - Aye. 

PL2 Stevenson moved that Council hereby approve Ordinance 2016-16 levying, assessing and fixing the tax rate for the use and support of the municipal government of the City of Ovilla, Texas, and providing for the Debt Service Fund for Fiscal Year 2016-2017 and apportioning each levy for the specific purpose, and providing for collection of all annual taxes provided by state law, seconded by PL1 Huber.  RECORD VOTE:  PL1 Huber - aye, PL2 Stevenson - Aye, PL3 Mayor Pro Tem Griffin - Aye, PL4 Hunt - Aye, PL5 Myers - Aye.   
 
 
Ordinance 2016-16 Tax Rate
This tax rate of $0.7000 (same as 2015 tax rate) will increase total revenue by 9.30%. 
   
 

Property Tax Rate History for Ovilla 


Ovilla Tax Rate History
Ovilla Sales Tax History Chart 
Current Sales Tax and Property Tax
    

Property Tax Code


BACKGROUND INFORMATION:
The Texas Constitution and Property Tax Code states that a taxing unit (City) must comply with certain steps in adopting their tax rates. The Truth-in-Taxation Law was passed for two purposes. The first is to make taxpayers aware of tax rate proposals and the second is to allow taxpayers, to rollback or limit the tax increase. The Texas Comptroller of Public Accounts publishes a guide every year with all the updated laws to make this process easier for Cities to follow. The four major principles of truth-in-taxation is that the property owners have the right to know about increases, the tax unit must publish the effective and rollback tax rates, the taxing unit must publish a special notice and hold two public hearing if the rate exceeds the effective rate and if the rate exceeds the rollback rate - then the voters may petition for an election.

The Effective rate is the rate that is a calculated rate that would provide the taxing unit with the same amount of revenue it received in the year before on properties taxed in both years. If property values rise, the effective tax rate will go down. If property values fall with appraisals, then the effective rate goes up.
The Rollback rate is the calculated rate that is the maximum rate allowed by law without voter approval. This rate is 8% over the effective maintenance and operation rate.
The tax rate is split into two parts. The first part is the maintenance and operation rate or commonly referred to as the M and O rate. This rate is used to fund the day-to-day operations and is unrestricted revenue. This rate is set by Council.
The Second part is the debt rate or commonly referred to as the I and S rate. This rate is used to fund any bonds that have been issued by the City. This rate is set by the amount of debt the City currently is paying and is calculated by the Tax Office.

Budget


2015-2016 FY Budget
2014-2015 FY Budget
2013-2014 FY Budget
FY2013-2014 Visual Data and WS Revenue History
2012-2013 FY Budget
2011-2012 FY Budget
2010-2011 FY Budget
2009-2010 FY Budget
2008-2009 FY Budget

The budget serves as the financial plan for the City. Each fiscal year budget depicts proposed expenditures and revenues listed by department and account description.

Comprehensive Annual Financial Report

 
Annual Financial Statements Ending Fiscal Year September 30, 2015
Annual Financial Statements Ending Fiscal Year September 30, 2014
Annual Financial Statements Ending Fiscal Year September 30, 2013
Annual Financial Statements Ending Fiscal Year September 30, 2012
Annual Financial Statements Ending Fiscal Year September 30, 2011
Annual Financial Statements Ending Fiscal Year September 30, 2010
Annual Financial Statements Ending Fiscal Year September 30, 2009


Check Register 

Check Register Q2 2016
Check Register Q1 2016
Check Register Q4 2015
Check Register Q3 2015
Check Register Q2 2015
FY 2014-15 CK Register Q1
FY 2013-14 CK Register Q4
FY 2013-14 CK Register Q3
FY 2013-2014 CK Register Q2
FY 2013-2014 CK Register 1st Quarter
FY 2012-2013 Check Register
FY 2011-2012 Check Register
FY 2010-2011 Check Register

Ovilla payments may be viewed through the check registers. Each register includes a description, check details and the payee's name. The registers are searchable.

Government Associations


Texas Municipal League
Best Southwest Partnership
Welcome to NCTCOG


Municipal Energy Consumption


Energy Usage per Calendar Year:
 
Energy Usage for Calendar Year 2016 
Energy Usage for Calendar Year 2015
Energy Usage for Calendar Year 2014
Energy Usage for Calendar Year 2013
Energy Usage for Calendar Year 2012

Debt Information


The General Obligation Refunding Bonds, Series 2011 were issued to refinance or refund three separate series of bonds. The refinancing was done strictly for savings purposes.

The three series of bonds that were refunded along with their original purpose is as follows:

1. Tax and Waterworks System Surplus Revenue Certificates of Obligation, Series 2002 -
Original purpose: Improvements to the waterworks system

2. General Obligation Refunding Bonds, Series 2005 -
Original purpose: These bonds refunded the Combination Tax and Revenue Certificates of Obligation, Series 1991 which were originally issued through the Texas Water Development Board for improvements to the waterworks system.

3. Water System and Sewer System Revenue Bonds, Series 2005 -
Original purpose: Water and Sewer improvements.

Debt Service Schedule

Bond and Debt Pledge

Texas State Comptroller

Learn about Texas Transparency

Texas Transparency - Debt at a Glance