FY2019 Budget

View the City of Fort Worth’s fiscal year 2019 budget.

This budget will raise more revenue from property taxes than last year’s budget by an amount of $38,145,610, which is a 7.7 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 $16,057,419. 

The amounts above are based on the City’s fiscal year 2019 tax rate of $0.7850 per $100.00 in value. The City’s fiscal year 2018 tax rate is $0.8050 per $100 of assessed valuation. 

City Council Record Vote

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

For: Mayor Betsy Price, 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: Mayor Pro tem Dennis Shingleton 

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 FY2017-18 Adopted FY2018-19
Property Tax Rate  $0.805000  $0.785000
Effective Tax Rate 0.787766   0.782594
Effective Maintenance and Operations Tax Rate  0.617513  0.616753 
Rollback Tax Rate  0.813082   0.828812 
Debt Rate  0.163500  0.155000


Municipal Debt Obligations

The total amount of outstanding municipal debt obligations (including principal and interest) secured by property taxes is $ 903,277,529.

 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.