The Annual Comprehensive Financial Report is presented annually to provide the City Council, citizens, representatives of financial institutions and others with detailed information concerning the financial condition and performance of the City of Fort Worth. The report also provides assurance that the City presents fairly its financial position as verified by independent auditors.
For prior Fiscal Year Annual Comprehensive Financial Reports, please submit a Public Information Request by clicking HERE.
A Reserve Requirement Supplement Report demonstrates that the City's reserve balances are sufficient to satisfy established legal requirements, financial policies, or bond covenant obligations.
For prior Fiscal Year Reserve Requirement Supplement Reports, please submit a Public Information Request by clicking HERE.
Visit the Investor Relations Site for more information.
In the early 1970s, the Texas Legislature authorized municipalities to begin collecting the local hotel occupancy tax (HOT). Almost two decades later, the Legislature offered hotel occupancy taxing authority as one of several revenue options to support sports and community venues. The tax may be levied by a city, county or a partnership between the two. In 2017, the 85th Legislature passed Senate Bill 1221 with the intent of increasing local government transparency while also allowing the public to better understand the state’s patchwork of municipal HOTs. To comply with Tax Code Section 351.009 , municipalities that impose certain HOTs now must annually report their tax rates and revenue amounts, including the percentage of revenue allocated for specific uses, from the preceding fiscal year.
For prior Fiscal Year Annual Hotel Occupancy Tax (HOT) Reports, please submit a Public Information Request by clicking HERE.