The City of Royse City’s operating budget is set by City Council. The fiscal year is October 1 through September 30. Each year, the budget is prepared with great diligence in resource allocations for the largest benefits to the citizens of Royse City.
Annual Financial Report
The Annual Financial Report is an audit completed by an outside auditor. During the audit, tests are conducted to ensure that internal controls are in place. At the end of the audit process, a report is submitted depicting the Auditor’s conclusions.
Other Financial Information & Tools
Tax Rates for the City of Royse City are as follows:
- Ad Valorem Tax Rate – $0.6771/$100 of Valuation
- Sales Tax Rate – 8.25% of Taxable Sales
- Hotel Tax Rate – 7% of Room Fee
To view outstanding debt for the City, please click on the following link: www.TexasTransparency.org. Click on “Special Feature: Debt at a Glance” for insight into several areas of city business, including the outstanding debt.
For local tax information, please click on this link: www.window.state.tx.us/taxinfo/local.