2023 Tax Rate
A tax rate of $0.672500 per $100 valuation has been adopted by the governing body of the City of Fort Worth. The City of Fort Worth adopted a tax rate that will raise more taxes for maintenance and operations than last year’s tax rate. The tax rate will effectively be raised by 2.23% and will raise taxes for maintenance and operations on a $100,000 home by approximately $11.43.
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 Crain, Gyna Bivens, Jared Williams, Macy Hill, Chris Nettles, Elizabeth M. Beck and Jeanette Martinez
AGAINST: Councilmembers Charles Lauersdorf and Alan Blaylock
PRESENT and not 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 2022-23
|
Adopted FY 2023-24
|
Property Tax
|
$0.712500
|
$0.672500
|
No-New-Revenue Tax Rate
|
0.666876
|
0.635374
|
No-New-Revenue Maintenance and Operations Tax Rate
|
0.540200
|
0.513571
|
Voter-approval Tax Rate
|
0.793356
|
0.766391
|
Debt Rate
|
0.147500
|
0.147500
|
Municipal Debt Obligations
The total amount of outstanding municipal debt obligations (including principal and interest) secured by property taxes is $1,335,366,771.
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, 114KB).
Budget and Tax Information (Truth in Taxation/Statutory Notices)
Budget Responses
|
Thank you for your comments and participation on the City of Fort Worth's FY2024 budget.
|
Budget meeting held before adopted budget by type and dates
Results from STEER the Budget
The “Steer the Budget” campaign ran from June 6 through July 9, 2023.
Updated: July 19, 2023
- Public Safety
- More Police Officers
- Speed Control
- Transportation
- Finish highway projects
- Street Repairs
- Improve Public Transit
- New Street Striping
- Animal Care & Control
- Landscaping and Litter Control
- Park & Recreation
- Community Centers
- Public Swimming Pools
- Senior Centers
- Benches and Tables at Parks
- Walking Trails
- Neighborhood Services
- Art
- Libraries
- Erosion Improvements at local lakes