Finance

Administering and accounting for Town resources

Mission

To serve all Town of Prosper stakeholders with the highest level of integrity, prudence and accuracy in administering and accounting for Town resources.

About Us

The Finance Department guides fiscal policy, enforces accounting controls, maintains the general ledger, collects and disburses all Town funds, manages debt service, produces the budget, prepares the consolidated annual financial report and provides direction on town-wide and specific projects.

Finance Department staff produces meaningful decision making tools such as financial reports and cost analyses for the Town Manager, Town Council and other Town departments.

In addition to these roles, the Finance Department also oversees the Municipal Court, Purchasing, and the Utility Billing Department.

Certificate of Achievement for Excellence in Financial Reporting Program (CAFR Program)

The GFOA established the Certificate of Achievement for Excellence in Financial Reporting Program (CAFR Program) in 1945 to encourage and assist state and local governments to go beyond the minimum requirements of generally accepted accounting principles to prepare comprehensive annual financial reports that evidence the spirit of transparency and full disclosure and then to recognize individual governments that succeed in achieving that goal. The goal of the program is not to assess the financial health of participating governments, but rather to ensure that users of their financial statements have the information they need to do so themselves. The Finance Department has received the award every year since 2009.

Distinguished Budget Presentation Award Program (Budget Awards Program)

GFOA established the Distinguished Budget Presentation Awards Program (Budget Awards Program) in 1984 to encourage and assist state and local governments to prepare budget documents of the very highest quality that reflect both the guidelines established by the National Advisory Council on State and Local Budgeting and the GFOA’s best practices on budgeting and then to recognize individual governments that succeed in achieving that goal. The Finance Department received the award for the first time in 2018.

Popular Annual Financial Reporting Award Program (PAFR Program)

The GFOA established the Popular Annual Financial Reporting Awards Program (PAFR Program) in 1991 to encourage and assist state and local governments to extract information from their comprehensive annual financial report to produce high quality popular annual financial reports specifically designed to be readily accessible and easily understandable to the general public and other interested parties without a background in public finance and then to recognize individual governments that are successful in achieving that goal. The Finance Department received the award for the first time in 2018.

FY 2018-2019 Proposed Budget
FY 2017-2018 Adopted Budget

Property Tax Rate:  $0.52 per $100 of valuation

Important Links

Forms and Documents

Kelly Neal, CGFO
Finance Director
(972) 569-1019

Betty Pamplin
Accounting Manager
(972) 569-1009

Lynn Regan
Senior Accountant
(972) 569-1153

Liz McDonald
Accountant
(972) 569-1008

Kristin Mayo
Accounts Payable/Payroll
(972) 569-1017

Physical Address:
200 S. Main St.
Prosper, TX 75078

Mailing Address:
P.O. Box 307
Prosper, TX 75078