FORT WORTH, TEXAS ANNUAL COMPREHENSIVE FINANCIAL REPORT
BudgetAI Summary
This is the Annual Comprehensive Financial Report for the Tarrant Appraisal District for the fiscal year ended December 31, 2022, prepared by the Finance Department. The report contains government-wide and fund financial statements, including statements of net position and activities, balance sheets, and budgetary comparison schedules, along with notes and required supplementary information on pension and OPEB liabilities. No specific budget figures or policy decisions are presented in this table of contents excerpt.
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- Budget
The City of Fort Worth adopted its Fiscal Year 2024-2025 Annual Budget, which increases property tax revenue by $11,601,369 (1.58 percent) compared to the previous year, with an additional $25,987,428 expected from newly added properties. The City Council unanimously approved the budget with all 11 members voting in favor. The municipal property tax rate remains unchanged at $0.672500, while the total outstanding municipal debt obligations secured by property taxes stands at $1,335,366,771.
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