Traditional Finances
The City of Houston is dedicated to financial transparency by providing citizens with centralized access and disclosure of financial information related to the City's fiscal activities.
If you have questions about the data or this website, please contact the City of Houston Finance Department
The City of Houston is recognized for its commitment to Fiscal Accountability
in Local Government by The Comptroller’s Transparency Stars Program.
Financial Summary
The financial summary outlines key financial information and a snapshot of the City's financial, and providing the public with a clear view of how resources are managed and utilized. The following summary data is derived from the government-wide statement of activities reports based on the accrual basis of accounting.
The City of Houston most recent completed and certified fiscal year is FY2023.
The per capita figures are calculated based on the City's 2022 estimated population of 2,302,878 from the U.S. Census Bureau.
| Type of Revenue/Expenditure | Fiscal Year 2023 | Per Capita |
|---|---|---|
| Total Revenues | $ 7,205,939,566 | $ 3,129.10 |
| Property Tax Revenue | $ 1,295,495,646 | $ 562.56 |
| Sales Tax Revenue | $ 889,038,791 | $ 386.06 |
| Total Expenditures | $ 6,991,928,133 | $ 3,036.17 |
Full-Time Equivalent
Full-Time Equivalent (FTE) is the total estimated annual person-hours for all employees expected to fill positions for all or a portion of a year divided by 2,088. The annual paid hours for a full-time employee working 26.1 pay periods are 2,088 including holidays, vacation, and sick leave. For example a seasonal employee who works for eight pay periods (approximately four months) would have an FTE of 0.31 (8pp X 80 hours/2,088).
Visualize| Fiscal Year | Full-Time Equivalent | |
|---|---|---|
| 2023 | 21,056.5 | |
| 2022 | 21,224.2 | |
| 2021 | 21,142.2 | |
| 2020 | 20,986.9 | |
| 2019 | 21,178.2 |
Revenues & Expenditures
Revenues are recorded when they are earned and expenditures are recorded when goods and services are received.
Visualize| Fiscal Year |
Revenues | Revenues per Capita |
Expenditures | Expenditures per Capita |
|---|---|---|---|---|
| 2023 | $ 7,205,939,566 | $ 3,129.10 | $ 6,991,928,133 | $ 3,036.17 |
| 2022 | $ 6,698,022,044 | $ 2,908.54 | $ 6,235,913,220 | $ 2,707.88 |
| 2021 | $ 5,870,422,212 | $ 2,561.65 | $ 5,799,050,403 | $ 2,530.51 |
| 2020 | $ 5,916,065,195 | $ 2,567.09 | $ 5,795,520,111 | $ 2,514.78 |
| 2019 | $ 5,965,108,597 | $ 2,570.87 | $ 5,965,646,204 | $ 2,571.10 |
Property Taxes
Property Taxes are ad valorem taxes levied on the assessed valuation of real and personal property. This portal contains property tax rate per $100 valuation.
Visualize Explore| Fiscal Year | Tax / $100 | Property Tax | Per Capita |
|---|---|---|---|
| 2023 | $ 0.53364 | $ 1,295,495,646 | $ 562.56 |
| 2022 | $ 0.55083 | $ 1,244,721,532 | $ 540.51 |
| 2021 | $ 0.56184 | $ 1,254,016,218 | $ 547.21 |
| 2020 | $ 0.56792 | $ 1,222,153,665 | $ 530.32 |
| 2019 | $ 0.58831 | $ 1,190,243,066 | $ 512.98 |
Sales Tax
Sales Tax is imposed upon the sale or consumption of certain goods and services at the point of sale. In the City of Houston, a $0.0825 sales and use tax is applied for every dollar of sales. The Metropolitan Transit Authority (METRO) receives $0.01, and the State of Texas receives $0.0625. The State Comptroller remits a $0.01 shares to the City, after withholding a 2% service charge.
Visualize| Fiscal Year | Sales Tax | Per Capita |
|---|---|---|
| 2023 | $ 889,038,791 | $ 386.06 |
| 2022 | $ 820,621,584 | $ 356.35 |
| 2021 | $ 706,828,528 | $ 308.44 |
| 2020 | $ 684,425,290 | $ 296.98 |
| 2019 | $ 692,271,113 | $ 298.36 |
Annual Comprehensive Financial Report
The compilation and release of the City's Annual Comprehensive Financial Report is one of the core functions of the Office of the Houston City Controller. It is one of the most comprehensive financial reports released by the City of Houston on an annual basis.
TPIA
The Texas Public Information Act (the "TPIA") gives the public the right to request access to government information. Visit the City'sPublic Information Act Requests webpage to learn more or place a request.
Disclaimer
While the City of Houston makes every effort to ensure the data on this website is accurate and up to date, it makes no guarantees. For more information, please review the City of Houston Privacy Policy.
Budget
Budget is a financial plan outlining the estimated revenues and proposed expenditures. It serves as a roadmap for managing the City's finances, detailing how funds will be allocated to various services, projects, and administrative functions in accordance with policies, goals and objectives established by the Mayor and City Council to meet the community's needs. The Finance Department provides the key deliverables of the City of Houston Annual and Monthly Financial Report on the Operating Budget.
Contact
For questions about the data on this website, or for general feedback and comments, please contact the City of Houston Finance Department at [email protected].
For payroll questions, please contact [email protected].
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