Traditional Finances

The Traditional Finances page contains information required by the Texas Comptroller of Public Accounts to qualify for the Comptroller's Transparency Stars program. This information will provide a broader understanding of the City's finances. Traditional financial information contained on this page includes links to budgetary reports and audited financial reports, as well as information on the City's investments, financial policies and payroll data. Downloadable check registers and budgets allow interactive access to important financial information.

Governmental funds represent programs and services that benefit citizens and visitors, such as public safety, the library, parks and recreation, animal services and capital maintenance and renewal initiatives.  The costs of these services are primarily financed with property tax and sales tax revenues.  Proprietary funds rely on fees and charges for their support.  These funds include the provision of water service and trash collection, and hotel operations.  Proprietary funds also include the activity of internal service funds that benefit the City's own operations, including the City's warehouse and insurance operations.  

Governmental funds report ongoing operations as revenues and expenditures.  Other financing sources/(uses) are used to report non-recurring items, including proceeds from debt issuance, the net effect of intra-fund transfers, insurance recoveries, and sales of capital assets.  Proprietary funds report ongoing operations as operating revenues and operating expenses. Non-operating revenues/(expenses) include interest income and expense and sales of capital assets.  Capital contributions/transfers include infrastructure received from developers and the net effect of intra-fund transfers.

The following summary data is from the government-wide Statement of Activities in the City's Annual Comprehensive Financial Report. It reports the results of the of the City's operations on an accrual basis of accounting. Revenues are recognized when earned and expenses are recognized at the time the liability is incurred. The per capita figures are based on the City's 2023 estimated population of 103,035.

        2023 GW Data

Historical Financial Information 
Revenue and Expense Per Capita Comparison
Per Capita Comparison
Note: The 2023 calculations include the CLGC Hotel revenues and expenses that were not in previous years.

Property Tax

The tax rate for the City of Conroe for the current year is $0.4272 cents per $100 assessed value. Property taxes are billed in October and become delinquent after January 31st the following year. Assessed values represent the appraised value less applicable exemptions authorized by the City Council.

The City of Conroe contracts with Tammy J. McRae, Montgomery Tax Assessor-Collector, to collect property taxes on its behalf. If you have questions about your tax bill you may contact the Tax Office at  www.mctx.org.  Specific information pertaining to your property tax bill may be found on this site.  

The Montgomery Central Appraisal District is responsible for determining the value of all properties on the tax roll. For specific questions about your property appraisal you may contact the Appraisal District at www.mcad-tx.org.

Tax Rate Graph  Assessed Values

Sales Tax
Revenues are often tied to economic activity, and sales tax is the largest revenue source for the City of Conroe. The City collects 2% from all taxable sales within the City limits. One percent is authorized for any general government use and ½% must be used to maintain a lower property tax. The other ½% is given to the Conroe Industrial Development Corporation (CIDC) for economic development. Sales tax is a highly volatile revenue source that will rise and fall unpredictably. To offset its volatility, we try to forecast its growth conservatively and maintain a higher-than-normal General Fund reserve. This budget conservatively assumes that there will be a 2% increase over the previous year’s estimate in sales tax revenue for the upcoming year. As compared to the previous year’s adopted budget, sales tax revenue is anticipated to increase by 1.3%. 

Sales Tax Rate:

 State  6.25% 
 City of Conroe  2.00% 
 CIDC  .25% 
   8.25%

Hotel Occupancy Tax (HOT) Fund
The City of Conroe levies a 7% hotel occupancy tax, which by law must be used to promote the tourism and convention industry. The City has an agreement with Montgomery County in which it remits 2/7 of the tax to the County to help fund the Lone Star Convention Center. The City retains the remaining proceeds in the HOT Fund. In FY 09-10, the City established the HOT Fund, which is used to track these revenues and expenditures. The HOT Fund expenses include the Convention and Visitors Bureau (CVB).

Hotel Occupancy Tax Rate:

 State  6.00% 
 City of Conroe  7.00%
   13.00%

Budget

The City of Conroe’s Finance & Administration Department institutes and operates a governmental budgeting system that provides financial information to both external users and internal management. This information is used to monitor the expenditure of public funds and to ensure that the financial transactions of the City of Conroe are conducted in accordance with statutory and contractual requirement and City policy. 

The Finance Manager oversees the preparation of the annual budget and monitors compliance during the year. The following budget documents are the original budgets adopted by City Council. They have not been updated since that adoption and do not include any subsequent budget amendments adopted by City Council. 

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Budget Information

The budget page contains presentations and preparatory information as well as the proposed and adopted budgets for current and previous fiscal years, including downloadable budget data.  

Financial Reports

View or download copies of the City’s Annual Comprehensive Financial Reports (ACFR) and Independent Auditors’ Reports on Federal and State Awards.

Investments

Provides access to the City’s Investment Policy and Quarterly Investment Report

Financial Management Policy

The City of Conroe financial policies set forth the basic framework for the fiscal management of the City. These policies were developed within the parameters established by applicable provisions of the Texas Local Government Code and the City of Conroe City Charter. The policies are intended to assist the City Council and City staff in evaluating current activities and proposals for future programs.

Council Members 

Find information about your City Council, including contact information and links to agenda packets and other documents provided at each City Council Meeting and Workshop.  

Open Records

The Texas Public Information Act gives the public the right to request access to government information. The request must ask for records or information already in existence. The "Open Records" link directs you to the City Secretary's webpage, where you may complete and submit a request for records. 

Texas Transparency

Provides a link to the State of Texas Comptroller’s website about transparency in government.

Unclaimed Property

Pursuant to Sec 76.201 of the Texas Property Code, the City of Conroe provides the names of those persons/entities for whom the City of Conroe is holding unclaimed property. (This list is updated quarterly.)