HomeMy WebLinkAbout26-0043 - 2026-03-31 - Informal ReportINFORMAL REPORT TO CITY COUNCIL MEMBERS No. 26-0043
di;Ttp To the Mayor and Members of the City Council March 31, 2026
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rrn SUBJECT: FINANCIAL ACHIEVEMENTS UPDATE
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The purpose of this Informal Report is to provide Mayor and Council with an update on the Texas Comptroller
of Public Accounts Transparency Stars program awarded to the City of Fort Worth through the Financial
Management Services Department.
On January 6, 2026, Informal Report 26-0002 briefed Mayor and Council on the Texas Comptroller of Public
Accounts Transparency Stars program, which recognizes local governments for their data transparency
efforts. At that time, four of six Transparency Stars had been awarded to the City in the areas of Traditional
Finances, Debt Obligations, Public Pensions, and Open Government & Compliance.
We are pleased to announce that the Contracts and Procurements Transparency Star was awarded to the
City on February 18, 2026. The final Transparency Star for Economic Development is anticipated to be
submitted to the Comptroller for review no later than March 31, 2026. Information regarding Transparency
Stars is found on the Comptroller's website at httiDs://comptroller.texas.ciov/transparency/local/stars/ and on
the City's website at Transparencv Information —Welcome to the Citv of Fort Worth.
In addition, we would like to announce the award of the Certification of Investment Policy by the Government
Treasurers' Organization of Texas on February 17, 2026. This certification is awarded for a two-year period
to organizations developing an investment policy that meets the requirements of the Public Funds
Investment Act and the standards for prudent public investing.
For questions regarding this Informal Report, please contact Reggie Zeno, Chief Financial Officer at
(817) 392-8500.
Jesus "Jay" Chapa
City Manager
ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS