View the City of Fort Worth’s fiscal year 2018 budget.
This budget will raise more total property taxes than last year's budget by $35,400,918, which is a 7.8 percent increase from last year's budget. The property tax revenue to be raised from new property added to the tax roll this year is $15,826,137.
City Council Record Vote
The members of the governing body voted on the adoption of the budget, excluding the General Fund allocation for the Police Department as follows:
For: Mayor Betsy Price, Mayor Pro tem Dennis Shingleton, Councilmembers Carlos Flores, Brian Byrd, Cary Moon, Gyna Bivens, Jungus Jordan, Kelly Allen Gray and Ann Zadeh
Against: None
Present but abstained from voting: None
Absent: None
The members of the governing body voted on the adoption of the budget General Fund allocation for the Police Department as follows:
For: Mayor Betsy Price, Mayor Pro tem Dennis Shingleton, Councilmembers Carlos Flores, Brian Byrd, Cary Moon, Gyna Bivens, Jungus Jordan, and Ann Zadeh.
Against: None
Present but abstained from voting: Councilmember Kelly Allen Gray
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 FY2016-17 |
Adopted FY2016-17 |
| Property Tax Rate |
$0.835000 |
$0.805000 |
| Effective Tax Rate |
0.814481 |
0.787766 |
| Effective Maintenance and Operations Tax Rate |
0.688551 |
0.617513 |
| Rollback Tax Rate |
0.887107 |
0.813082 |
| Debt Rate |
0.173500 |
0.163500 |
Municipal Debt Obligations
The total amount of outstanding municipal debt obligations (including principal and interest) secured by property taxes is $922,982,682.
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.