Administering and accounting for Town resources.
To serve all Town of Prosper stakeholders with the highest level of integrity, prudence and accuracy in administering and accounting for Town resources.
The Finance Department guides fiscal policy, enforces accounting controls, maintains the general ledger, collects and disburses all Town funds, manages debt service, produces the budget, prepares the consolidated annual financial report and provides direction on town-wide and specific projects.
Finance Department staff produces meaningful decision making tools such as financial reports and cost analyses for the Town Manager, Town Council and other Town departments.
In addition to these roles, the Finance Department also oversees the Municipal Court, Purchasing, and the Utility Billing Department.
Certificate of Achievement for Excellence in Financial Reporting Program
The GFOA established the Certificate of Achievement for Excellence in Financial Reporting Program in 1945 to encourage and assist state and local governments to go beyond the minimum requirements of generally accepted accounting principles to prepare comprehensive annual financial reports that evidence the spirit of transparency and full disclosure and then to recognize individual governments that succeed in achieving that goal. The goal of the program is not to assess the financial health of participating governments, but rather to ensure that users of their financial statements have the information they need to do so themselves. The Finance Department has received the award every year since 2009.
Property Tax Rate: $0.51 per $100 of valuation