Finance

The Finance Department administers the financial affairs of the City and is responsible for the collection, investment, disbursement, and documentation of all City funds.
It prepares and publishes the City’s annual budget and annual financial report (audit).
The Finance Department encompasses: budget development and compliance, accounting and financial reporting, accounts payable and receivable, utility billing and collection, and risk management services.
It is committed to transparency and has been recognized by the Texas State Comptroller's office for transparency stars in traditional finances, public pensions, and debt obligations.  
Fiscal Year 2024 Budget

The City of Belton adopted a tax rate that will raise more for maintenance and operations than last year's tax rate.  The tax rate will effectively be raised by 2.06 percent and will raise taxes for maintenance and operations on a $100,000 home by approximately $9.40.

Current Budget
The Belton City Council adopted the Fiscal Year 2024 budget on September 12, 2023. 
The adopted budget totals $47 million and the property tax rate was reduced to  $0.5326.  The annual strategic plan and capital improvement plans were also included in the budget. 
The FY 2024 Budget highlights include:

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