The City of Victoria values financial transparency and accountability. Providing open and transparent financial information to our citizens is very important to being a customer service-friendly organization.
The information and documents contained on this page support our goals of transparent government, good stewardship, and open communication.
- Sales Tax Receipt Analysis
- Comprehensive Annual Financial Report
- Hotel Occupancy Tax (Hot Funds)
- Investment Policy
- Quarterly Investment Reports
- Quarterly Reports
The Finance Department prepares a monthly analysis of the Sales Tax Rebate received from the State Comptroller’s office. In addition to the current fiscal year, there’s also historical data presented.
In addition, the Finance Department prepares a monthly comprehensive report broken down by market category that includes year over year comparisons and year to date analysis by Fiscal Year.
The Comprehensive Annual Financial Report (CAFR) of the City of Victoria provides the City Council, city staff, our citizens, bondholders and other interested parties with detailed information concerning the financial condition and activities of the city.
The City of Victoria collects a Hotel Occupancy Tax (HOT) Funds from hotels, bed and breakfasts, and other lodging facilities. Under state law, revenue from the municipal HOT tax may be used only to promote tourism and the convention and hotel industry.
This policy is intended to provide guidelines for the prudent investment of the city’s cash balances and outline the policies to assist maximizing the efficiency of the city’s cash management system while meeting the daily cash flow demands of the city.