transparency Transparency Stars

Traditional Finances Guidelines

The landscape for financial transparency has changed. Taxpayers are demanding more, be it in the form of downloadable datasets, new visual representations of information or even simple bulleted lists of key figures. Increased transparency through these means allows taxpayers to understand public services and spending decisions to a greater extent than ever before.

Follow the guidelines below and add the required documentation to your entity's website to qualify for a Traditional Finances Transparency Star.

Finance Summary

Post a summary table or listing separately from audits and financial reports with the following items for the most recently completed fiscal year:

  • Expenditures as total and per capita, per student or per user as applicable.
  • Revenues from all entity funds expressed as total and per capita, per student or per user as applicable.
  • Total full-time equivalent positions for all personnel.
  • Revenues from property taxes as total and per capita, per student or per user as applicable.
  • Revenues from sales taxes as total and per capita, per student or per user as applicable.

You may wish to include additional pieces of data that provide context reflective of standards or conventions particular to your entity type. You may use the optional Traditional Finances Summary Form (PDF) to complete the Summary section.

Visualizations

Post data visualizations to your transparency page showing the following:

  • Time trend for at least five years showing revenues and expenditures per capita, per student or per user as applicable.
  • Time trend for at least five years showing property tax rate(s) per $100 valuation.

You may wish to include explanations or subsets of these trends in the visualizations or post additional visualizations that provide context reflective of standards or conventions particular to your entity type. See the sidebar for templates you may use to create required visualizations. The visualizations must be posted on the page itself or must be a direct link and — like all the required information on the transparency page or section — easy to view and interpret.

Documents

Post the following documents for easy download:

  • Budgets for last five fiscal years. The adopted budgets for the current fiscal year and the four preceding fiscal years are required.
  • Annual financial reports (AFRs or ACFRs) for last five fiscal years. Reports for the five most recently completed fiscal years' audits are required.

    Note: To be current, the AFR must be posted within 12 months of the end of each fiscal year.

Downloadable Data

Make the following available for download in a spreadsheet or other machine-readable format to aid in researching your entity's finances:

  • Raw format budget for the current fiscal year.

    Raw format budget should meet the following requirements:

    • Raw and fixed budget should correspond when viewed side-by-side.
    • Be posted in a downloadable spreadsheet or other machine-readable format.
    • Identify by name the accounts and divisions of all monies held and/or funded.
    • Show and indicate all revenues and expenditures within a local government’s budget, with separate grand totals for each category.
    • Allow users to perform analysis on the raw budget data.
    • Show all combined accounts (enterprise funds, general fund, debt, etc.).

  • Raw format check registers for three complete fiscal years.

    At least three fiscal years of consecutive check registers ending with the most current (no older than 90 days) check register are required. The Comptroller’s office also recommends consolidating older check registers by fiscal year to simplify the posts.

    Raw format check registers should meet the following requirements:

    • Include monthly, quarterly or annual totals for all expenditures.
    • Open or procedurally generated registers must have totals on user interface if not available in exported CSV.
    • Be posted in spreadsheet or other machine-readable format.
    • Include fields for date, payee, amount and purpose for each entry in the register.
      • Purpose should provide a general description of the transaction (e.g., electric bill, office supplies).
      • Payee fields may be truncated.
    • Include electronic fund transfers and payroll direct deposits, as well as bank drafts for bond or loan payments if applicable.

See our FAQ for tips on posting your check registers.

Other Information

Your transparency site should also include the following:

  • General contact information such as an address and a phone number for the local government's main office.
  • Contact names, phone numbers and/or email addresses for elected officials.
    • A general group email address that is sent to multiple people at once is acceptable.
  • An application and instructions for open records requests or public information requests.