The City of Andrews is committed to providing clear and meaningful financial information not only by posting financial documents, but also through summaries, visualizations, downloadable data and other relevant information.

Finance Summary
For the most recently completed fiscal year 10/01/19 - 09/30/20

	Annual Total	Per Capita*
Expenditures	$ 18,555,950	$  1,315
Revenues	19,374,479	1,373
Property Tax Revenue	1,700,765	121
Sales Tax Revenue	6,003,939	426

The City had 86 full-time equivalent positions in the most recently completed fiscal year.
* Estimated 2020 population of 14,109 per U.S. Bureau of Labor Statistics.



City revenues per capita typically fluctuate with the price of oil as seen through its sales tax receipts. Sales tax receipts decreased and 28% in 2016 as the price of oil dropped. Sales tax receipts increased 1% in 2017 as oil prices began to slowly increase. Sales tax receipts increased 17% in 2018 and 18% 2019. Sales tax receipts decreased 4% due to the oil price drop and COVID-19. Expenditures per capita have increased in the last five years due to increased costs associated with the City's new $26 million truck reliever route and $7 million water treatment facility. 



The City's property tax rate of $.181917 per $100 valuation remains the third lowest among cities in Texas with a population over 10,000. The tax rate was decreased for the first time in eleven consecutive years and marks the fifteenth year the rate has been below 20 cents.

Downloadable Documents and Data You must have the free Adobe Acrobat Reader to view some of the below documents.
Reports
Budgets Raw Format 2021 Budget (Excel) Comprehensive Annual Financial Reports Sortable Check Registers (Excel) Monthly Investment Reports Annual Hotel Occupancy Tax (HOT) Report	10 Year Strategic Plan Current City Tax Rates City Utility Consumption Debt Information   HB1378: Debt Transparency Report
Policies
Fiscal Principals & Policies Investment Policy   Fund Balance Policy	Debt Transparency Pledge   Red Flag Policy
Charts & Graphs
Where does the City get General Fund Money?       How does the City spend General Fund Money?	Monthly Sales Tax Receipts YTD Sales Tax Receipts
Financial Sustainability The following certifications and rating indicate a responsible approach for developing, implementing and maintaining sound financial and accounting systems.       Fitch Ratings has assigned an 'AA' rating on the following debt obligations:  $8.2 million combination tax and revenue certificates of obligations (COs), series 2015.

Important Links: 

City Management  contact information.

Mayor and City Council

TexasTransparency.org   - the Comptroller's website about transparency in government.  The website is a one-stop source to collect all available information on local government finances in our state, including the existing and proposed debt of cities, counties, school and hospital districts and hundreds of special-purpose districts throughout Texas.

Texas Comptroller of Public Accounts  - the Comptroller's official website that provides data on city and county sales and use taxes, property taxes, and franchise taxes.

Public Information Request  - the link to the City's on-line Public Information Request form. Please use this link to submit an open records request. Additional information on the Texas Public Information Act can be found on the Attorney General's website:  https://texasattorneygeneral.gov/og/open-government

                                                                                                                                          

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