City of University Park, Texas
Committed to Excellence
January 2023 UPdate.
The Arbor - January 2023.
SMU Gary Weber End Zone Stadium project.
Snider Plaza Surface Improvements Project Mock-Up.
Water Bill processing error for some recurring credit card customers.
December 2022 UPdate.
Saturday, January 28 at 10 a.m. - STEAM Station @ the Library.
Tuesday, January 31 at 10:30 a.m. - Baby Story Time @ UPPL.
Tuesday, February 7 - City Council Meeting
Tuesday, February 21 - City Council Meeting
The City of University Park's Finance Department manages the City's financial assets, cash flows, and fiscal operations. The Department includes five specific subdivisions: accounting; equipment services (fleet management); municipal court; purchasing; and utility billing.
The City's equipment services and purchasing operations are located at the Peek Service Center, 4420 Worcola Street, Dallas, TX 75206. Accounting, municipal court, and utility billing are located at University Park City Hall, 3800 University Boulevard, University Park, TX 75205.
In addition to these major functional areas, the Finance Department also administers the budget process, manages cash and investments, staffs advisory committees and the University Park Civic Foundation, and coordinates the capital improvement program.
National professional organizations consistently bestow awards on the City's financial operations. The National Purchasing Institute has recognized the City's purchasing function with the Achievement of Excellence in Purchasing award each year since 2001. The Government Finance Officers Association (GFOA) has recognized the City's financial report with the Certificate of Achievement for Excellence in Financial Reporting each year since 1998, and six times before then. Additionally, the GFOA has awarded the City budget the Distinguished Budget presentation Award each year since 2015, the first year it was submitted for award consideration.
The Council voted to adopt the FY2023 budget and tax rate during its Tuesday, September 20 meeting. The FY2023 budget totals $61,268,885 across all budgeted funds. The total expenditures in the FY2023 budget represent a 8.8 percent increase from the previous year, which results in a small tax rate decrease to 24.5975 cents per $100 of taxable value.