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Finance
Department
Margie Cardenas, Finance Director
Veronica de la Hoya, Accounts Payable Clerk
Angie Atkinson, Finance Clerk
Leslie Baugh, Utility Clerk
Lisa Najera, Utility Clerk
MISSION STATEMENT: We pledge to provide those who live, work and visit Marble Falls with quality service and effective government that is open and responsive to the needs and values of the community.
In accordance with accounting and fiscal policies, the
primary responsibilities of the Finance Department include:
- Cash and Investments Management
- Financial Reporting
- Annual Financial Audit Preparation
- Annual Budget
- Payroll
- Accounts Payable
- Utilities Billing and Cash Collections
- Collection of Hotel/Motel Occupancy Tax. Click here for filing requirements and report.
For the last three consecutive fiscal years, the Finance
Department has earned the "Certificate of Achievement
for Excellence in Financial Reporting", representing
the highest standards in government accounting and financial
reporting.
The files above are PDF
formatted documents, which require Adobe Acrobat Reader
for viewing. If you do not have the Adobe Reader, select
this link to download the viewer.
TAXATION - Property in Burnet County
is appraised at market value by the Burnet Central Appraisal
District. The City of Marble Falls, Burnet County and the
Marble Falls Independent School District exempt inventories
held for under 175 days and exported from the State of Texas.
This "Triple Freeport" exemption applies to all
locations and industrial parks in the City of Marble Falls.
2010
Property Tax Rates (per $100 assessed value)
City of Marble Falls - *$.6435
*
(Interest & Sinking Fund $0.4503 / Maintenance & Operations $0.1932)
Burnet County- $.3303
Burnet County Special - $.0389
Central Texas Groundwater - $.0108
Marble Falls ISD - $1.29
Total Rate $2.3135
Sales Tax
City Sales Tax Rate - 2.00%
State Sales Tax Rate - 6.25%
Total Rate - 8.25%
Sales Tax Exemptions - groceries, prescriptions
Corporate or Personal Income Tax - none in Texas
State Franchise Tax - * 4.50%/2.50%
*per $1000 net taxable income/taxable capital
Texas has no corporate or personal income tax
Principal Taxpayers (FY ending 9/20/2011) |
| Taxpayer |
Type of Business |
2011 Assessed Valuation |
Percentage of Assessed Value |
| Huber, JM Corp. |
Stone Quarry |
11,157,504 |
1.808% |
| Wal-Mart Sotre, Inc. 01-0781 |
Discount Retailer |
9,384,112 |
1.521% |
| Wal-Mart Stores East LP |
Discount Retailer |
7,924,657 |
1.284% |
| Lowe's Home Centers, Inc. |
Home Improvement |
7,527,957 |
1.220% |
| HD Development Properties LP |
Home Improvement |
5,493,850 |
0.890% |
| Lowe's Home Centers, Inc. |
Home Improvement |
4,665,545 |
0.756% |
| Panhandle Hospitality LTD |
Hotel Industry |
4,534,523 |
0.735% |
| Highland Lakes RP LTD |
Assisting Living Facility |
4,339,883 |
0.703% |
| Home Depot USA, inc. |
Home Improvement |
4,241,457 |
0.687% |
Contact the Director of Finance
Phone: (830) 798-7056 Fax: (830) 693-6737
mcardenas@ci.marble-falls.tx.us
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