Page 120 - BudgetBookCover_FY26_Adopted.pdf
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Finance
Introduction
The Finance Department supports the City of Grand Prairie through strong financial management and transparent reporting. The
department is responsible for accounting, payroll, accounts payable, grant reporting, and asset management across all City
operations.
Finance also prepares the Annual Comprehensive Financial Report and leads the annual external audit to ensure accuracy and
compliance with state and federal standards. The department manages financial reporting for Public Improvement Districts (PIDs)
and Tax Increment Financing (TIF) zones and ensures compliance with regulations related to unclaimed property.
By maintaining accurate financial records and fulfilling regulatory requirements, Finance plays a key role in the City’s day-to-day
financial operations.
Revenues Expenses
$125M $6M
Charges For Servi… Personnel
Investment Income Non-Operating Ex…
$5M
$100M Misc Revenue Operating Expens…
Other Taxes $4M Capital Outlay
$75M Property Taxes Debt Service
$3M
Rents And Royalti…
$2M
$50M
$1M
$25M
$0
$0 -$1M
2023-24 2024-25 2024-25 2025-26 2023-24 2024-25 2024-25 2025-26
Actuals - Modified Projections - Adopted Actuals - Modified Projections - Adopted
FY2024 Budget - FY2025 Budget - FY2024 Budget - FY2025 Budget -
FY2025 FY2026 FY2025 FY2026
Data Updated: Oct 21, 2025, 5:32 AM Data Updated: Oct 21, 2025, 5:32 AM
Department Summary
2024-25 2025-26
2023-24 MODIFIED 2024-25 2024-2025 ADOPTED
ACTUALS BUDGET ACTUALS YTD PROJECTIONS BUDGET
Modified vs. Modified vs.
FY2024 FY2025 FY2025 FY2025 FY2026
Adopted % Adopted $
Operating Revenues
Charges For Services $18,873 $20,600 $19,063 $20,600 $20,600 0.0% $0
Misc Revenue $8,820 $8,160 $75,921 $7,115 $6,160 (24.5%) ($2,000)
Other Taxes $213,418 – $49,628 $49,628 $0 – $0
Property Taxes $93,666,994 $95,764,679 $94,011,171 $92,680,600 $0 (100.0%) ($95,764,679)
Rents And Royalties $272,102 $341,372 $239,800 $341,372 $341,372 0.0% $0
OPERATING $94,180,206 $96,134,811 $94,395,582 $93,099,315 $368,132 (99.6%) ($95,766,679)
REVENUES TOTAL
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