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Financial Summary
Financial Transparency
The financial information and documents are provided to give our citizens a clear view of how the City’s funds are used to make the City of Granbury a great place to reside or visit.
The following financial summary data is for the most recently completed fiscal year of October 1, 2023 to September 30, 2024, and is designed to provide a broad overview of the City’s finances. The information reported can be viewed in detail in the City’s audited Annual Comprehensive Financial Report.
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View Interactive Budget Reports for the City of Granbury on 
Fiscal Year 2026 Budgeted Positions: 243
View Interactive Budget Reports for the City of Granbury on
View Interactive Financials for the City of Granbury on
FY2025 audit will be complete March 2026
City Employee Full-Time Equivalent Count: 243
View Interactive Financials for the City of Granbury on
Debt Information
To best understand the City's debt position. The City offers an interactive tool via OpenGov:
City of Granbury issues a variety of long-term debt instruments to finance major capital purchases, such as improving or expanding City infrastructure and facilities. These instruments include general obligation bonds, certificates of obligation and revenue bonds. Future ad valorem tax revenues and/or water, electric and sewer system revenues secure these debt obligations.
General Obligation (GO) Bonds
General Obligation Bonds provide funds for the acquisition and construction of major capital equipment, facilities, and infrastructure. General obligation Bonds are direct obligations issued on a pledge of the general taxing power for the payment of the debt obligations of the City. GO Bonds are backed by the “full faith and credit” of the City. In practice, principal and interest payments are funded by a tax assessment on the valuation of each commercial, residential and business personal property within the City.
The City of Granbury’s general obligation debt is rated ‘AA’ by both Standard & Poor’s (S&P) Global Ratings and Fitch Ratings. The ‘AA’ rating indicates that the City of Granbury has a very strong capacity to meet its financial commitments.
Water and Sewer Revenue Bonds
Revenue Bonds are used to finance the acquisition and construction of major capital improvements for the electric, water and sewer system and related facilities. These Revenue Bonds constitute special obligations of the City solely secured by the pledge of the net revenues of the electric, water and sewer system. The City refunded the 2012 Utility Revenue Bond in 2020.
The City’s Utility Bonds are rated ‘A+’ by Standard & Poor’s (S&P) Global Ratings.
Certificates of Obligation (COs)
Certificates of Obligation are typically issued without voter approval and backed by tax revenue, fee revenues, or a combination of the two. The City’s COs are secured by a combination of property taxes and a limited pledge of the City’s combined electric, water and wastewater system.
(Click Image to Enlarge)
Tax Rates for Current Fiscal Year
For More information: Current City Budget
Official Statement for the 2016 Bond Refunding
HB 1378: Debt Obligation Reporting under Local Government Code Section 140.008
The 84th Legislature passed HB 1378 to increase the transparency of local government debt. Under Local Government Code § 140.008, political subdivisions, including counties, cities, school districts, junior college districts, special purpose districts, and other subdivisions of state government must annually compile their debt obligation data from the preceding fiscal year.
Annual Operating Budgets
The City of Granbury’s budget is a financial plan for the fiscal year of operations that matches all planned revenues and expenditures with the services provided to the residents of the City, based on established budgetary policies. The City is committed to setting community goals, performance measures, and priorities to convert taxpayer requests and resources into government services and expenditures that support the needs and desires of its citizens.
Starting October 1, 2025 | ||
| Link to: 2025-2026 Adopted Budget Link to: 2025-2026 Raw Budget (Excel) | Link to: 2024-2025 Adopted Budget Link to: 2024-2025 Raw Budget (Excel) | Link to: 2023-2024 Budget Link to: 2023-2024 Raw Budget Data (Excel) |
| Link to: 2022-2023 Budget | Link to: 2021-2022 Budget | Link to: 2020-2021 Budget |
Link to: 2019-2020 Budget | Link to: 2018-2019 Budget | Link to: 2017-2018 Budget |
| Link to: 2016-2017 Budget | Link to: 2015-2016 Budget | Link to: 2014-2015 Budget |
The City of Granbury’s Finance Team has been awarded the GFOA Distinguished Budget Presentation Award for the past 22 years.
Link to Story from Hood County News
Popular Annual Financial Reports
The City of Granbury's Popular Annual Financial Report uses the information contained in the Comprehensive Annual Financial Report to provide citizens with a brief overview of the City's financial activities.
| Link to FY 2024 Popular Annual Financial Report | Link to FY 2023 Popular Annual Financial Report |
| Link to FY 2021 Popular Annual Financial Report |
Annual Comprehensive Financial Reports
The City of Granbury’s Annual Comprehensive Financial Report is published to provide the City Council, citizens, bondholders, City staff and other interested parties with audited detailed information concerning the financial condition and activities of the City government. The report contains a balance sheet, a statement of changes in net position, a statement of revenues and expenditures, and a comparison of budgeted to actual expenditures and revenue. The report also contains statistical data and other information of interest.
Historical Annual Reports:
- 2017-2018 Annual Report
- 2016-2017 Annual Report
- 2015-2016 Annual Report
- 2014-2015 Annual Report
- 2013-2014 Annual Report
- 2012-2013 Annual Report
- 2011-2012 Annual Report
- 2010-2011 Annual Report
The City of Granbury’s Finance Team has been awarded GFOA’s Certificate of Achievement for Excellence in Financial Reporting for the past 23 years and GFOA’s Popular Annual Financial Reporting Award for the past 5 years.
These two awards, along with the GFOA's Excellence in the Budgetary Reporting, gives the City of Granbury Finance Department a "Triple Crown" for the 5th year in a row!
Check Registers
Click any of the fiscal years below to view an interactive check register. This check register is updated daily and includes several other city-wide transactions. You can filter the tables by Date, Amount or Account.
- FY2025-2026 (YTD)
- FY2024-2025
- FY2023-2024
- FY2022-2023
- FY2021-2022
- FY 2020-2021
- FY 2019-2020
- FY 2018-2019
- FY 2017-2018
- FY 2016-2017
- FY 2015-2016
- FY 2014-2015
- FY 2013-2014
- FY 2012-2013
The City of Granbury's Finance Department has been awarded a Triple Crown from GFOA for the 5th year in a row for excellence in reporting on the Annual Comprehensive Report, Annual Budget Reporting and the Popular Annual Financial Report.
Link to Check out our feature in the Hood County News!