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Alamo 2017 Comprehensive Annual Financial Report

original file: Fiscal Year 2017
Alamo

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What is this?

The City of Alamo’s Comprehensive Annual Financial Report (CAFR) for the fiscal year ended September 30 , 2017 presents the city’s financial statements, auditor’s clean opinion, details on accounting and budgeting, economic and demographic data, property‑tax information, and long‑term financial planning, including bond‑rating and capital‑improvement strategies.

Key figures

Population (estimated) 20,804
Land area 7.10 square miles
Assessed property tax value $611,441,742
Property tax rate change de $0.5810 a $0.5565 (decrease of $0.0245)
Top 10 taxpayers share of market value 13.61%
Hidalgo County unemployment rate (2016) 7.8%
Auditor’s opinion Unmodified (“clean”) opinion
Standard & Poor’s bond rating A+ (General Obligation Revenue)
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