The Finance Department's function is to collect, disburse, safeguard, invest, and maintain records of the City's assets. The Finance Department is comprised of the following divisions:
The Fiscal Year 2021-2022 adopted budget is available for public review. The adopted tax rate for the 2021 tax year is $0.5800 per $100 valuation; this is equal to the 2020 tax year. The Notice of 2021 Tax Rates (PDF) is required by Texas Local Government Code. The 2021 tax rates are calculated (PDF) by Dallas County in accordance with Texas Tax Code.
The City of Coppell is reviewed and rated by two separate rating agencies. The City of Coppell maintains a AAA rating with Moody's and a AAA rating with Standard and Poor's. There are no bond elections currently scheduled.
During the February 23, 2021, City Council meeting, the governing body voted to publish a Notice of Intention to issue certificate of obligation. The proposed issue will be considered via ordinance during the regularly scheduled Council meeting on April 27, 2021.