Follow the guidelines below and add the required documentation to your entity's website to qualify for a Debt Obligations Transparency Star. To be eligible for this Transparency Star, your entity must first receive the Traditional Finances Transparency Star.
House Bill 1378, passed in the 84th Legislative session, requires public entities to post certain debt information online. The Transparency Stars program recognizes local governments who go beyond legislative requirements in this area by providing debt information in a variety of formats.
Post a summary table or listing separately from audits and financial reports that includes the following items for the most recently completed fiscal year, as well as a narrative overview with explanations of terminology for each:
You may want to include additional pieces of data that provide context reflective of standards or conventions particular to your entity type. You may use the optional Debt Obligations Summary Form to complete this section.
Post data visualizations to your website showing the following:
You may wish to include explanations or subsets of these trends in the visualizations, or post additional visualizations that provide context reflective of standards or conventions particular to your entity type. See the sidebar for templates you may choose to use to complete required visualizations. The visualizations must be posted on the page itself and must be — like all the required information on the transparency page or section — easy to view and to interpret.
Post the following documents separately from audits and annual financial reports:
Make the following data available for download in a tabular or spreadsheet format to aid in researching your entity:
Your transparency site should also include the following: