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Alamo, Texas – 2020 Comprehensive Annual Financial Report

original file: Fiscal Year 2020
Alamo

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What is this?

The document is the City of Alamo’s Comprehensive Annual Financial Report for the fiscal year that ended September 30 2020. It contains the city’s audited financial statements, the auditor’s clean opinion, a discussion of revenues and expenditures, budget comparisons, statistical data, and information about the city’s debt capacity, demographics, and economic outlook.

Key figures

Property tax base $663,263,626
Property tax rate $0.5817 per $100 of assessed value
Property tax increase over prior year 4.5 %
Sales tax revenue growth 10.84 % increase compared to FY 2018‑2019
Hidalgo County unemployment rate (2019) 6.90 %
Top 10 taxpayers share of market value 13.18 %
Estimated city population ≈ 20,241 residents
City land area 7.10 square miles
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