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Treasurer Financials

Treasurer Financials

Renaissance Tower - 1201 Elm Street, Suite 2300-A, Dallas, Texas 75270
(214) 653-7321 • Fax: (214) 653-7705 • 8:00 A.M. - 4:30 P.M., Monday - Friday
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Dallas County holds a AAA Bond Rating from Standard & Poors Rating Agency and a Aaa rating from Moody’s Rating Service. Both double AAA/Aaa bond ratings were reaffirmed in August of 2016, thus making Dallas County rated among the top 10% of Standard & Poors’ total ratings of 907 in 2016, and the top 11% of Moody’s total ratings of 870 in 2016. 

The County Treasurer is the Paying Agent and Recorder for Dallas County Bonded Debt, overseeing issuance of new bonds and refunding of current bonds with assistance of financial consultants. Bonds are sold to finance the building of roads and bridges, capital improvements to government facilities and major equipment purchases. Dallas County has initiated a "Pay as You Go Policy", designed to further reduce the debt of Dallas County.

As of the beginning of FY' 2018, Dallas County Bonded Indebtedness includes Principal of $199,545.000.00 Interest of $58,741,825.00 for a total debt of $258,286,825.00 through the year 2031.

The Dallas County Treasurer invests Dallas County funds to earn interest on investments for cost savings to Dallas County taxpayers. Every dollar of investment interest earned is a dollar less taxpayers have to pay. The Dallas County Treasurer invests Dallas County funds with safety and liquidity as primary objectives while achieving the maximum interest yield as outlined in the Dallas County Investment Policy.

The approved Financial Brokerage Firms/Bank/Pool for 2017 are as follows:

  • Bank of America, N.A.
  • Cantor Fitzgerald
  • Stifel Nicolaus & Co.
  • Ramirez & Co.
  • Wells Fargo Brokerage Securities, LLC.
  • FTN Financial Group, A division of First Tennessee Bank National Association
  • Local Government Investment Pools TexPool / TexPool Prime

Approved financial Brokers submit their best bid for investments daily to the County Treasurer, through Bloomberg Financial system. The County Treasurer utilizes various cash management methods, such as, Controlled Disbursements, pre encoded check deposits, direct transmittal of check deposits, Positive Pay, Fed Wire and ACH Receipts and Disbursements to maximize the investment potential and safety of available funds. Collateral for investments is held by an independent trust company. The County Treasurer also directs the County's participation in the Federal Government Arbitrage Rebate Program.

Dallas County's Financial Advisor is RBC Capital Markets; Bond Counsel is Bracewell & Giuliani L.L.P., and providing Arbitrage Rebate Service is Arbitrage Compliance Specialists.

To view Dallas County Treasurer Monthly Statistics, please click on the links below.

DocumentFormat
Financial ReportAdobe Acrobat
Investment SummaryAdobe Acrobat
Interest EarningsClick on "Interest Earnings"