Dive into Deer Park's finances! We're reviewing the 2023 Annual Financial Report. We'll cover the city's AAA rating, bond programs, and tax rates. We'll discuss trends in population, personnel, revenue, spending, and debt. Tune in!
This annual report from the City of Deer Park, Texas, details the city’s finances and debt for fiscal year 2023. Key highlights include a AAA credit rating from S&P Global Ratings, the complete issuance of voter-approved bonds since 1986, and a slight decrease in population coupled with a modest increase in full-time equivalent personnel. The report also provides data on tax rates, assessed valuations, revenues, expenditures, and bond debt service, including significant interest cost savings from bond refunding programs. Finally, contact information and links to additional resources are provided.