Financial Services

Citizens & Finance

The following divisions comprise the Finance Administration Department:

Responsibilities

The Financial Services Department manages and accounts for the City’s financial resources. The department is responsible for:

  • Investing city funds and protect assets Investment Reports
  • Maintaining fiscal liquidity
  • Maximizing income in compliance with all governing financial and accounts laws
  • Preparing and monitoring the Annual Budget Report

In addition, the department provides daily financial operations for the City, such as payroll, accounts payable, accounts receivable, debt administration and financial reporting.



TransparencyStars

Financial Reporting & Transparency


We strive to achieve excellence in financial reporting and maintain high quality bond ratings. In May 2018, we received the GFOA Budget Award for FY17.

The City of Pilot Point has earned from the Texas Comptroller's Office the Transparency Stars Award in the area of Traditional Finances.

Please feel free to browse and download any Budget Documents, Check Registers, or Financial Reports you wish to review.

This summary data is from the government-wide Statement of Activities in the City’s Comprehensive Annual Financial Report (CAFR). The government-wide Statement of Activities reports the results of the City’s operations on an accrual basis of accounting. Revenues are recognized when earned and expenses are recognized at the time the liability is incurred.