Texas Comptroller of Public Accounts (TCPA) Transparency Star Program
The Texas Comptroller of Public Accounts (TCPA) Transparency Star program recognizes local governments for going above and beyond in their transparency efforts.
Efforts to enhance public pension transparency have been gaining momentum in recent years amid concerns regarding actuarial practices and plan solvency. HB 3320, passed in the 84th Legislative session, for example, increases accountability among public pension plans exceeding $100 million in asset value.
The City of Corpus Christi is dedicated to increasing our financial transparency in regards to public pensions.
The City of Corpus Christi Pension Plans
The City participates in funding two retirement plans as follows:
1. All City employees, except firefighters, participate in the Texas Municipal Retirement System (TMRS). To learn more, click here:
Texas Municipal Retirement System (TMRS)
2. Firefighters participate in the Corpus Christi Firefighters' Retirement System (FFRS). To learn more, click here:
Pension Transparency Award From The Texas Comptroller of Public Accounts
Recognizing Local Transparency Achievements
Additional Information About This Program Can be Found on Their Website
The City of Corpus Christi adopted a tax rate that will raise more taxes for maintenance and operations than last year's tax rate. The tax rate will effectively be raised by 4.69 percent and will raise taxes for maintenance and operations on a $100,000 home by approximately $16.87.
