Each year, the Town of Addison produces an award-winning Financial Report. The report for 2022 is now available.
The awards for this report include:
- Certificate of Achievement for Excellence in Financial Reporting, from the Government Finance Officers Association (for the 46th consecutive year!)
- Award for Achievement in Popular Annual Financial Reporting from the Government Finance Officers Association (for 2 consecutive years)
- Distinguished Budget Presentation Award from the Government Finance Officers Association (for the 35th consecutive year)
- (5) Transparency Stars, from the Texas Comptroller of Public Accounts, for going above and beyond in transparency efforts for traditional finances, contracts and procurement, economic development, public pensions, and debt obligations.
Fast Facts from the 2022 report include the following about Addison:
- Population: 16,661
- Median age: 33.4
- Median household income: $74,012
- Education level (people age 25 and above with a Bachelor's degree): 57.9%
- One-time membership fee to Addison Athletic Club: $10
- Size of Addison: 4.4 square miles
- Assessed value: $5,630,931,020
- Addison tax base: 86% business, 14% residents
- Aircraft based at Addison Airport: 700
- And perhaps the most impressive statistic: Addison is one of 11 Texas cities with a AAA rating from both Moody's and S&P Global, ensuring the lowest possible cost of borrowing.
What a great place to live, work, and play!
Comments(0)