Strategic Financial Engagement

The Strategic Financial Engagement Department, formally known as the Finance Department, function is to collect, disburse, safeguard, invest, and maintain records of the City's assets. The Strategic Financial Engagement Department comprises the following divisions:

  • Combined Services
  • Strategic Financial Engagement
  • Purchasing/Procurement
  • Tax/Revenue Collections
  • Payroll
  • Utility Billing

FY2022-2023 Budget

The Fiscal Year 2022-2023 adopted budget is available for public review through the transparency tab on the left side of this page. The adopted tax rate for the 2022 tax year is $0.518731 per $100 valuation. The maintenance and operations portion of the tax rate is $0.441836, and the interest & sinking portion of the tax rate is $0.076895.

The City of Coppell adopted a tax rate that will raise more taxes for maintenance and operations than last year's tax rate. 

The tax rate will effectively be raised by 3.499% and will raise taxes for maintenance and operations on a $100,000 home by approximately, $14.94.  The information the County sent compares prior year M&O to Proposed M&O.  The tax code shows it as the NNR M&O rate and not prior year’s M&O rate. 

The tax rate will effectively be decreased by 16.68% which is the amount that the interest & sinking tax rate is less than the No New Revenue interest and sinking tax rate and will decrease taxes for interest and sinking on a $100,000 home by approximately -$15.40.  

The total tax rate will effectively be decreased by -.089% and will decrease total advalorem taxes on a $100,000 home by approximately -$0.46.

FY2022-2023 Proposed Budget

Proposed Budget Fiscal Year FY2022-2023.

The Notice of 2022 Tax Rates (PDF) is required by Texas Local Government Code. The 2022 tax rates are calculated  by Dallas County in accordance with Texas Tax Code.

View the tax rate and budget information, as required by Tax Code 26.18.

Bond Information

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.