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Alamo City 2018 Audited Financial Report

original file: Fiscal Year 2018
Alamo

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What is this?

The City of Alamo’s Comprehensive Annual Financial Report for the fiscal year ending September 30, 2018 provides audited financial statements for all city funds, a management discussion, and supplemental schedules. The independent auditor issued an unmodified (clean) opinion. The report includes basic data on the city’s population, land area, property tax base, tax rate change, top‑payer concentration, unemployment rate, sales‑tax growth, and the city’s current bond rating (Standard & Poor’s A+).

Key figures

Population (estimated) 20,041
Land area 7.10 sq mi
Assessed property tax base $611,441,742 (up 7 % YoY)
Property tax rate $0.5565 per $100 (down from $0.5810)
Top 10 taxpayers share of market value 13.08 %
Unemployment rate (2017) 7.10 %
Sales‑tax revenue change +5 % vs. FY 2016‑2017
Auditor’s opinion Unmodified (clean) opinion
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