FY2022 Adopted Budget

The City of Fort Worth adopted a tax rate that will raise more taxes for maintenance and operations than last year's tax rate.

 

City Council Record Vote

The members of the governing body voted on the adoption of the budget as follows:

For: Mayor Mattie Parker, Councilmembers Carlos Flores, Michael D. Cain, Cary Moon, Gyna Bivens, Jared Williams, Leonard Firestone, Chris Nettles and Elizabeth M. Beck

Against: None

Present but abstained from voting: None

Absent: None

 

Municipal Property Tax Rates

The municipal property tax rates for the preceding fiscal year, and each municipal property tax rate that has been adopted or calculated for the current fiscal year, include:

 Tax Rate  Adopted FY 2020-21  Adopted FY2021-22
 Property Tax  $0.747500   $0.732500 
 No-New-Revenue Tax Rate      0.777377      0.725928 
 No-New-Revenue Maintenance and Operations Tax Rate      0.623529      0.589116 
 Voter-Approval Tax Rate      0.807134      0.822434 
 Debt Rate      0.152500      0.147500 

 

 

Municipal Debt Obligations

The total amount of outstanding municipal debt obligations (including principal and interest) secured by property taxes is $1,057,816,379.

 


This cover page and the information it contains are included with the budget as required by the Texas Local Government Code. A PDF version is available online here(PDF, 112KB).


Budget Responses 

 

Resources and Links