City of University Park, Texas
Committed to Excellence
COVID-19 Updates and Information.
What's new at the UP Library.
Apply for the 2020-21 Youth Advisory Commission.
Information about the 2020 Census.
The Arbor - March 2020.
Addressing street flooding near Caruith Park.
City event cancellations due to COVID-19.
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.
In FY1998, the City created the “Transfer” department for use in the operating budget. This department (one in each of the budgeted funds) is used to budget for each year’s “pay-as-you-go” capital projects contribution. The departmental expenditures are actually monthly transfers to the Capital Projects Funds.