Finance

2023-2024 Tax Rate Notification

This budget will raise more revenue from property taxes than last year's budget by an amount of $566,052, which is a 6.41 percent increase from last year's budget. The property tax revenue to be raised from new property added to the tax roll this year is $132,537. 

The Finance Department represents the overall financial management of the City of White Settlement.

Functions & Responsibilities

Functions that fall under the Finance Department include:

• Accounts Payable/Accounts Receivable
• Audit
• Budgeting
• Investments
• Payroll
• Utility Billing
• Purchasing

Financial Record Keeper for the City

The Finance Department is the central financial record keeper for the City. It prepares:

• All city departments and the City’s annual audit
• Crime Control and Prevention District 
• Furnishes data and financial information for the Economic Development Corporation
• Handles accounts payable and receivables
• Monitors cash flows and approved investments
• Monthly financial statements
• Reconciles bank statements