FY2024 Adopted Budget

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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


2024 Graphic icon so safe, so clean, so green

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

  • Photos
  • The top requests were:
  • Public Safety
    • More Police Officers
    • Speed Control
  • Transportation
    • Finish highway projects
    • Street Repairs
    • Improve Public Transit
    • New Street Striping
  • Animal Care & Control 
    • Improve Animal Shelters
  • Landscaping and Litter Control
  • Park & Recreation
    • Community Centers
    • Public Swimming Pools
    • Senior Centers
    • Benches and Tables at Parks
    • Walking Trails
  • Neighborhood Services
    • Directions Home
  • Art
  • Libraries
  • Erosion Improvements at local lakes
  • Affordable Healthcare