Financial Transparency

last updated 1 week ago

This article is part of one or more series: Transparency

Below you can find links to reports located in the City's OpenGov transparency site. You can also find a lot of other good information there as well. Please take some time to look around!

Annual Operating Budgets

The 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. 

Annual Financial Reports

The Comprehensive Annual 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.

Texas Comptroller's Chapter 380/381 Economic Development Agreements Online Public Search Reporting

  • Comptroller's Public Search Portal

    House Bill 2404, passed by the 87th Texas Legislature, instructs the Comptroller’s office to create and make accessible an online Chapter 380 and 381 Local Development Agreement Database that contains information regarding all local development agreements in the state. HB 2404 also requires local governments to provide the Comptroller’s office with the information required by Government Code Sec. 403.0246(c) and the agreements they have entered into, amended or renewed within 14 days so the information may be made available on the Comptroller's website.

Check Registers

All payments incurred since FY12, including payments via ACH, bank draft or wire transfer, are available on our OpenGov site. Totals are shown in the charts provided on the page and are automatically updated based on the currently defined filters.

Hotel Occupancy Tax Reporting

The City of Hudson Oaks Hotel Occupancy Tax (HOT) Program uses hotel receipts to actively promote Hudson Oaks as a tourist destination. Eligibility for the program includes:

  • Promotion of tourism and the hotel and convention industry
  • Being based in the Hudson Oaks
  • Being a government entity or non-profit Texas corporation or federally tax-exempt under the Internal Revenue Code
  • Demonstrating corporate good standings with the state of Texas
  • Proving continuous and stable programming
  • Having an active governing body
  • Non-discriminatory practices
  • And if previously funded, successfully fulfilled all prior contractual obligations

The City of Hudson Oaks imposes a 7% hotel occupancy tax per Chapter 10 Finance and Taxation of its municipal code. This occupancy tax is calculated against the cost of a room in a hotel only if the room is ordinarily used for sleeping and does not include the cost of any food served or personal services rendered to the occupant. Reporting and payment of the 7% occupancy tax are made by the hotelier directly to the City of Hudson Oaks. 

New lodging properties must contact the city's Finance Department before collecting and paying the imposed 7% occupancy tax.

The City had $0 of collections during fiscal years' 2016, 2017 and 2018. 


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