- Home
- Departments
- Finance & Budget
- Financial Transparency
- Traditional Finances
Traditional Finances
The City of Midland is committed to transparency, accountability, and financial integrity. As a part of our Open Government efforts, we provide residents with clear, accessible, and comprehensive financial information. The Traditional Finances page supports our dedication to open governance and aligns with the Texas Comptroller's Transparency Stars program, which recognizes local governments for their financial openness.
Here, you’ll find detailed documents and data that offer a snapshot of the City's financial landscape, including adopted budgets, annual financial reports, investment details, payroll data, and check registers. These resources are designed to help residents better understand how public funds are being collected, allocated, and spent across City departments and services.
Financial Summary
- Total Revenue & Expense
- Revenue & Expense Per Capita
- Sales Tax
- Property Tax
- Property Tax Rate
- Full Time Employees
| Year | Total Revenue | Total Expense |
|---|---|---|
| 2020 | 340,898,309 | 304,524,689 |
| 2021 | 413,705,961 | 309,764,282 |
| 2022 | 346,670,185 | 313,904,799 |
| 2023 | 395,166,875 | 333,268,464 |
| 2024 | 454,104,882 | 337,418,824 |
| Year | Per Capita Revenue | Per Capita Expense |
|---|---|---|
| 2020 | 2,414.43 | 2,156.81 |
| 2021 | 3,151.04 | 2,359.35 |
| 2022 | 2,616.58 | 2,369.27 |
| 2023 | 2,816.14 | 2,375.03 |
| 2024 | 3,236.16 | 2,404.60 |
| Year | Sales Taxes | Sales Taxes Per Capita |
|---|---|---|
| 2020 | 50,705,815.00 | 359.13 |
| 2021 | 46,435,724.00 | 353.68 |
| 2022 | 61,052,772.00 | 460.81 |
| 2023 | 68,857,224.00 | 490.71 |
| 2024 | 66,602,391.00 | 474.64 |
| Year | Total Property Taxes | Property Taxes Per Capita |
|---|---|---|
| 2020 | 58,169,464.00 | 411.99 |
| 2021 | 61,552,508.00 | 468.82 |
| 2022 | 62,142,187.00 | 469.03 |
| 2023 | 67,617,647.00 | 481.87 |
| 2024 | 73,978,925.00 | 527.21 |
| Year | Total |
|---|---|
| 2015 | 0.3939 |
| 2016 | 0.3722 |
| 2017 | 0.3997 |
| 2018 | 0.4110 |
| 2019 | 0.3922 |
| 2020 | 0.3647 |
| 2021 | 0.3589 |
| 2022 | 0.3672 |
| 2023 | 0.3550 |
| 2024 | 0.3507 |
| Year | Full-Time Employees |
|---|---|
| 2020 | 1124 |
| 2021 | 1110 |
| 2022 | 1143 |
| 2023 | 1182 |
| 2024 | 1232 |
| 2025 | 1268 |
Annual Comprehensive Financial Report
The Annual Comprehensive Financial Report (ACFR) provides a detailed and transparent overview of the City of Midland’s financial condition at the end of each fiscal year. The ACFR presents audited financial statements, notes, and statistical information that help residents, investors, and stakeholders evaluate the City’s fiscal health.
Adopted Budgets
The City of Midland's Adopted Budget is a comprehensive document that outlines projected revenues and planned expenditures for each fiscal year. It serves as both a financial plan and a policy guide, helping City leadership allocate resources in support of services, infrastructure, and community priorities.
The annual budget reflects the City's ongoing commitment to transparency and fiscal responsibility and is adopted following public input and review.
Check Registers
The City of Midland's Check Registers provide a detailed listing of payments made by the City each month. These documents offer transparency into the City's expenditures, showing how public funds are used to support services, operations, and community needs.
Check registers are part of the City’s commitment to open government and financial accountability, and they are published regularly for public review.
More Information
Last Updated: 03/19/2026