Responsible City Government
Financially Sound, Exceptional Service
Status Indicators: Proceeding as Anticipated | Monitoring Progress | Reviewing for Improvement | Information Unavailable
Proceeding as Anticipated
Reviewing for Improvement
Measure and Definition | click on each measure for more information
Measure and Definition |
Click on each measure for more information.
For the purposes of this Goal Measure, Staff is measuring the City's Bond Ratings on our General Obligation (GO) Bonds and Certificates of Obligation (CO's). In issuing GO Bonds and CO's, the City of Sugar Land pledges to levy whatever property tax is needed to repay the bonds for any particular year. GO Bonds cannot be issued without voter approval.
Bond ratings reflect a detailed analysis of the City’s ability to repay debt and include an assessment of the local/regional economy, overall administration, financial policies, and track record in managing its financial position. The target for this measure is AAA; the highest possible bond rating in the rating scale.
This measure is the dollars of net bonded debt per capita. Or net bonded debt as a percent of taxable value of property (as reported in CAFR). The target is <$2,400 per capita and 1.5% Debt to the Taxable Value of Property.
The City managing the debt-per-resident ratio shows its strong, conservative fiscal management and responsibility to the Sugar Land taxpayer to keep taxes low.
The net assessed value of the City divided by the total acreage of the City, expressed as a number and the annual percentage change.
Maintaining and developing a growing property value in the City ensures that Sugar Land remains a desirable place to live, work, and play. This comprehensively evaluates all land and amenities, from neighborhoods to business centers.
The City of Sugar Land uses this measure to approximate the tax burden on residents and, in turn, to plan how to best deliver return-on-investment to the community. The actual tax rate represents the amount of funds the City requires for operation and maintenance, plus the amount required for our debt service.
The target for this measure is based on the commitment of the City to raise the property tax rate by less than 3 cents over a five-year period as a result of voter approved GO Bonds. The City aims to utilize our financial resources efficiently, so that taxes will increase less than 3 cents over a five year period.
Question: "How satisfied are you with: Overall value that you receive for your local tax dollars and fees?"
Percentage of respondents who rated the item 4 or 5 on a 5-point scale, where 5 was "very satisfied" and 1 was "very dissatisfied," excluding "don't know.” Performance better than or equal to the Citizen Survey’s United States average response to this question. The target is ≥38%.
Please note that most recent results are from FY2018, which was the last time the City conducted the Citizen Survey. Results will be updated upon the completion of a new Citizen Survey.
Please note that Q1, Q2, Q3, and Q4 refer to the first, second, third, and fourth quarters of the Fiscal Year. The City’s Fiscal Year runs from October 1st – September 30th and is denoted by FY. CY denotes Calendar Year.