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Responsible City Government

Financially Sound, Exceptional Service

Status Indicators: Proceeding as Anticipated |  Monitoring Progress | Reviewing for Improvement | Information Unavailable

Status Indicators:
Proceeding as Anticipated
 Monitoring Progress
Reviewing for Improvement
Information Unavailable

Measure and Definition | click on each measure for more information

Measure and Definition |
Click on each measure for more information.

Actual

Target

Results

 

Bond Rating

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.

 

 

AAA AAA FY 2017

 

 

Responsible Borrowing

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.

 

 

View Full Details FY 2017

 

 

Value per Acre

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.

 

 

$544,671 $517,892 FY 2017

 

 

Actual Tax Rate

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.

 

 

$0.31595 $0.32895 FY 2017

 

 

Citizen Survey - Value for Tax Dollar

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 ≥47%.

Please note that most recent results are from FY2016, which was the last time the City conducted the Citizen Survey. Results will be updated upon the completion of a new Citizen Survey.

 

 

66% 47% FY 2016

 

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.