City of Andrews, TX

Traditional Financial Information



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 10/01/22 - 09/30/23

   Annual Total  Per Capita*
Expenditures $ 23,103,593  $  1,650
Revenues     24,373,342      1,741
Property Tax Revenue     1,827,955         131
Sales Tax Revenue  7,868,317         562


The City had 95 full-time equivalent positions in the most recently completed fiscal year.
* Estimated 2023 population of 14,000.

Revenue vs expend

City revenues per capita typically fluctuate with the price of oil as seen through its sales tax receipts. . Sales tax receipts increased 17% in 2018 and 18% 2019. Sales tax receipts decreased 4% in 2020 and  12% in 2021 due to the oil price drop and COVID-19. Sales tax receipts increased 25% in 2022 and 18% in 2023 due to increased business activity in the region. Expenditures per capita have remained around the same the last five years.

Property Tax Rate Valuation

The City's property tax rate of $.180475 per $100 valuation remains the third lowest among cities in Texas with a population over 10,000. The tax rate was decreased for the second time in two consecutive years and marks the sixteenth year the rate has been below 20 cents.

Downloadable Documents and Data
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   Reports 


    Policies

   Charts & Graphs


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